Australia & New Zealand Dried Fruits MARKET By Application
| Label | USD Million |
|---|---|
| 2018 | 124.271916928732 USD Million |
| 2019 | 130.626955951395 USD Million |
| 2020 | 124.064666739603 USD Million |
| 2021 | 129.062030295261 USD Million |
| 2022 | 134.849078618176 USD Million |
| 2023 | 141.385600644939 USD Million |
| 2024 | 148.799237487304 USD Million |
| 2025 | 156.888071007546 USD Million |
| 2026 | 165.805213616747 USD Million |
| 2027 | 175.348766258437 USD Million |
| 2028 | 186.982947282198 USD Million |
| 2029 | 199.281513738684 USD Million |
| 2030 | 214.413357117838 USD Million |
| 2031 | 227.747601299165 USD Million |
| 2032 | 241.459346432414 USD Million |
Data Source: Wantstats Repository
Market Dynamics
The overall demand for prebiotics in Italy and the European market is expected to rise during the forecast period of 2018 to 2032. This boost in demand can be attributed to the increased health-consciousness and awareness amongst the population which has compelled the consumers to opt for healthier food options. Prebiotics are indigestible carbohydrates, also known as dietary fibers, which upon reaching the digestive tract, serves as a source of nutrition for the beneficial bacteria present there. Moreover, prebiotics possess a natural immunity-boosting property which offers probiotic benefits to the consumers. The availability of these natural products in the market in various forms and sizes, including powder, capsules, and tablets, adds to the preference for prebiotics over other supplements, thereby driving its demand in the Italian market. Furthermore, prebiotics are used as an ingredient in functional and fortified foods, due to their potential to maintain a balanced amount of beneficial bacteria in the gut, thereby improving the digestive system of an individual. These properties of prebiotics are further expected to stimulate its demand in the Italian market.
Additionally, government initiatives to create health awareness, the promotion of preventive healthcare and dietary supplements, alongside the funding and investments by the government in the healthcare sector are factors that are likely to influence the growth of the Italian prebiotics market in the upcoming years. Apart from this, the growing awareness and understanding of the advantages associated with the consumption of prebiotics is motivating more people to opt for these products, thereby driving the demand in the Italian prebiotics market. In addition to this, the growing popularity of natural dietary supplements is also anticipated to contribute to the growth of the prebiotics market in Italy. The increasing usage of prebiotics in the food industry for the production of functional foods, pet foods, and food supplements, alongside the growing medicinal benefits associated with prebiotics, is expected to motivate further research, innovation and experimentation with prebiotics by industry players, thereby increasing the demand for prebiotics in Italy. Overall, prebiotics are expected to witness extraordinary growth in Italy over the forecast period of 2018 to 2032.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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