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Refined Functional Carbohydrates Market Analysis

  • Report ID: GMI3442
  • Published Date: Feb 2023
  • Report Format: PDF

Refined Functional Carbohydrates Market Analysis

Global Refined Functional Carbohydrates Market Size, By Product

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Refined functional carbohydrates market size from the d-mannose product segment will reach USD 120 million by 2032, considering its availability in cranberry, seaweed, and other natural sources. Pig farming has also become a lucrative business due to the favorable export landscape. For example, in September 2022, the Ministry of Agriculture, Food and Rural Affairs (MAFRA) of the Republic of Korea decided to remove longstanding trade barriers to ease pork and poultry exports from the EU. Such initiatives are expected to proliferate livestock farming and thereby augment the utilization of d-mannose carbohydrates in animal feeds.
 

Global Refined Functional Carbohydrates Market Revenue Share By MOS

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The refined functional carbohydrates market share from the MOS (mannan oligosaccharides) product segment is projected to depict a 7% CAGR through 2032. The capability of this prebiotic to boost immunity, mitigate the adverse effects of mycotoxins, and bind harmful bacteria will promote industry development. Over the years, the adoption of prebiotic ingredients in the nutritional sector has also surged to enhance gut health. The rise in livestock farming will further escalate the consumption of animal feed and in turn boost the market demand.
 

For example, in December 2022, a new funding program was launched in the UK to provide livestock and dairy farmers a chance to obtain grants ranging up to USD 309,612 for the improvement or expansion of slurry stores. In addition, the intake of meat and milk products has also grown globally. These factors are expected to promote cattle farming and subsequently create lucrative prospects for MOS development for cattle feed applications.
 

Asia Pacific Refined Functional Carbohydrates  Market Size

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Asia Pacific refined functional carbohydrates market value is set to be worth USD 160 million by 2032, on account of the thriving meat sector in the region. Based on the USDA, Korean cattle producers are targeting to capitalize on increased meat prices and the growing demand for domestic beef by boosting slaughter rates into 2023. Such trends will augment the adoption of antibiotic growth promoter substitutes and fuel refined functional carbohydrate production. The product has also emerged as a natural alternative to antibiotics and cost-effective feed ingredients.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of refined functional carbohydrates reached USD 220 million in 2022 and will depict over 5.5% CAGR through 2023-2032, given the product’s capability to improve gut health and the immune system.

The mannan oligosaccharides product segment is set to depict a 7% CAGR through 2023- 2032, considering the product’s capability to boost immunity, lower the adverse effects of mycotoxins, and bind harmful bacteria.

The industry value for refined functional carbohydrates in APAC is set to exceed USD 160 million by 2032, on account of the thriving meat production sector in the region.

Key players in the market include Kerry Group, Matrix Nutrition, L.L.C., Kemin Industries, Inc., Sweet Cures, Super Beta Glucan, Lallemand Inc., EW Nutrition, DuPont Danisco, and VWR Corporation, among others.

Refined Functional Carbohydrates Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 12
  • Tables & Figures: 330
  • Countries covered: 20
  • Pages: 200
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