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Refined Functional Carbohydrates Market size to exceed $360mn by 2027

  • Published Date: July 27, 2021

Refined Functional Carbohydrates Market size is set to surpass USD 360 Million by 2027, according to a new research report by Global Market Insights Inc.

The global refined functional carbohydrates industry is expected to witness gains owing to the growing production of cattle feed, swine feed, and aquafeed and high demand for processed meat and fish products in several key regional markets. Growing personal disposable income levels and rising awareness about the health benefits offered by food products with refined functional carbohydrates are predicted fuel the overall industry landscape.

Rising prevalence of urinary tract infections in livestock is anticipated to boost D-mannose product demand in refined functional carbohydrates market

D-Mannose product segment is forecast to show steady CAGR over the forecast timespan and reach over USD 115 million by 2027. D-Mannose is extensively utilized in the poultry industry due to its capability to reduce carbohydrate deficiency and prevent urinary tract infections. These products promote the growth of healthy bacteria and enhance the overall balance of nutrients in the body. It helps in treating UTIs by binding bacteria that would attach to the urinary tract lining. Rising demand for poultry meat globally along with growing inclination towards natural antibiotics is likely to accelerate the refined functional carbohydrates market statistics in poultry applications.

The demand D-Mannose from cattle/calves is predicted to exceed USD 25 million by 2027. It is widely utilized in cattle and beef feeds as it consists of essential fatty acids, which are known to benefit rumen health, immunity, and performance. Land shrinkages for cattle grazing along with increasing urbanization are factors which are predicted to drive the global cattle feed market over the forecast timeframe.

Swine application is predicted to grow at a CAGR of around 4.5% over the forecast period. D-mannose prevents bacteria from sticking to the walls of the urinary tract and causing infection in swine. Feed manufacturers therefore use it as an essential ingredient in feed products specially produced for pigs. Increasing use of meat derived from pork in fast food outlets and restaurants in the U.S., Germany, France, Canada, and Italy have increased the overall production of meat derived from pork, leading to high demand for D-Mannose products.

Browse key industry insights spread across 200 pages 299 market data tables and 31 figures & charts from the report “Refined Functional Carbohydrates Market Forecasts By Product (MOS {Cattle/Calves, Poultry, Swine, Aquaculture}, Beta Glucan {Poultry, Swine, Aquaculture}, D-Mannose {Cattle/Calves, Poultry, Swine, Aquaculture}), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027in detail along with the table of contents:

Rising demand for meat & dairy products in Europe should propel product demand

Europe refined functional carbohydrates market is anticipated to show significant CAGR over the forecast period and is anticipated to exceed USD 100 million by 2027. Regular consumption of meat and dairy products in the daily diet of European consumers has propelled the product demand over the past few years. Rise in consumer inclination towards animal protein has significantly boosted the need for high quality animal byproducts, which is slated to positively contribute to the regional market demand.

Growing consumer preference for premium grade animal protein has led farmers to use high performance animal feed for improving the health of animals and overall meat quality. This is anticipated to drive the refined functional carbohydrates market share in Europe over the next few years.

Industry players in the refined functional carbohydrates industry are implementing multiple strategies such as new product launches and mergers & acquisitions to sustain their position in the global market. The major players including VWR Corporation, Super Beta Glucan, Orffa, Biofeed Technology Inc., and DuPont Danisco play a significant role in the refined functional carbohydrates market.

Authors: Kunal Ahuja, Kritika Mamtani

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