The Global Refined functional carbohydrates market value was USD 220 million in 2022, and from 2023 to 2030, it is expected to grow at a rate of over 5.4%.
The global refined functional carbohydrates industry is predicted to witness gains due to the growing production of cattle feed, swine feed, and aquafeed and therefore the high demand for processed meat and fish products in several key regional markets. Growing personal income levels and rising awareness about the health benefits offered by food products with refined functional carbohydrates are predicted to fuel the general industry landscape.
In addition, Rising personal income and increasing awareness about the health benefits of food products with refined functional carbohydrates are the main factors fostering the expansion of the refined functional carbohydrates market. Rising expenditure on research and development proficiencies for agro genomics is another important factor acting as a refined functional carbohydrates market growth determinant. Increasing the appliance of refined functional carbohydrates in animal nutrition globally to market natural growth will further create lucrative growth opportunities for the refined functional carbohydrates market. Increasing livestock population including increasing demand for animal-by products will induce growth within the refined functional carbohydrates market price. Growth within the standard and quality of dairy production will indirectly promote the expansion rate of the refined functional carbohydrates market.
Supply chain management and preservations capacity can be restraining market growth, because of there is less number of cold storage and preservations centers and need to huge cost for construction of centers so that not affordable to anyone.
Covid-19 Impact on Refined Functional Carbohydrates Market:
A pandemic such as COVID-19 has not only affected the smooth operations of food supply chains but also resulted in food insecurity conditions in several nations. Manufacturers working in the sector are facing challenges in regards to operations, safety, supply chain, training, emergency responses, awareness, incident management, recreating business models, digitalization, and other unanticipated impacts. Alcohol, a major component in beverage industry is facing a devastating effect of pandemic. 13% of the craft beer sector around the world is in the process of shutting up shop, and the wine industry is in severe distress. Besides, shortage of raw materials caused shut down of many small to medium food processing companies around the world.
Refined Functional Carbohydrates Market Segment Overview
D-Mannose is extensively utilized within the poultry industry because of its capability to reduce carbohydrate deficiency and prevent urinary tract infections. These products promote the expansion of healthy bacteria and enhance the general balance of nutrients within the body. It helps in treating UTIs by binding bacteria that might attach to the urinary tract lining. Rising demand for poultry meat globally alongside growing inclination towards natural antibiotics is probably going to accelerate the refined functional carbohydrates market statistics in poultry applications.
The poultry sector is among the fastest-growing meat sectors within the region, due to lower prices of poultry meat as compared to other meat products and therefore the rise in poultry meat consumption. The expansion within the poultry sector within the region should propel the demand for refined functional carbohydrates.
Market Analysis, Insights and Forecast – By Product
· Mannan Oligosaccharides
· Beta Glucan
· D-Mannose
Market Analysis, Insights and Forecast – By Application
· Cattle/Claves
· Poultry
· Swine
· Aquaculture
· Other
Refined Functional Carbohydrates Market Regional Overview
Region-wise, in terms of regions, North America spearheads the refined functional carbohydrates market and can still flourish its trend of dominance during the forecast period. The U.S. and Canada have emerged to become the main contributors from this region due to the increased demand for animal protein within the country. Asia-Pacific is additionally set to project the highest growth rate during the forecast period. this means that the region will score the highest compound annual rate of growth for the forecast period. this can be due to the growing awareness, growth of meat industry and increasing demand for antibiotic animal growth promoters.
Refined Functional Carbohydrates Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Refined Functional Carbohydrates Market Competitor overview
Some key developments and strategies adopted by manufacturers in the Refined Functional Carbohydrates are highlighted below.
· In December 2020, Danstar Ferment AG, a subsidiary of Lallemand Inc purchased Biotec BetaGlucans AS (BBG). BBG operated as a wholly-owned subsidiary of the ArticZymes Technologies ASA Company and focuses on the assembly, development, and distribution of beta-glucan products that are produced from yeast cell walls. The high purity beta-glucan products are sold as immune ingredients in aquaculture and for human health supplements.
Refined Functional Carbohydrates Market, Key Players
· VWR Corporation
· Super Beta Glucan
· Orffa
· Biofeed Technology Inc.
· DuPont Danisco
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Refined Functional Carbohydrates Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Product
- 5.2.1. Mannan Oligosaccharides
- 5.2.2. Beta Glucan
- 5.2.3. D-Mannose
- 5.3. Market Analysis, Insights and Forecast – By Application
- 5.3.1. Cattle/Claves
- 5.3.2. Poultry
- 5.3.3. Swine
- 5.3.4. Aquaculture
- 5.3.5. Other
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East, and Africa
6. North America Refined Functional Carbohydrates Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Product
- 6.2.1. Mannan Oligosaccharides
- 6.2.2. Beta Glucan
- 6.2.3. D-Mannose
- 6.3. Market Analysis, Insights and Forecast – By Application
- 6.3.1. Cattle/Claves
- 6.3.2. Poultry
- 6.3.3. Swine
- 6.3.4. Aquaculture
- 6.3.5. Other
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Refined Functional Carbohydrates Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Product
- 7.2.1. Mannan Oligosaccharides
- 7.2.2. Beta Glucan
- 7.2.3. D-Mannose
- 7.3. Market Analysis, Insights and Forecast – By Application
- 7.3.1. Cattle/Claves
- 7.3.2. Poultry
- 7.3.3. Swine
- 7.3.4. Aquaculture
- 7.3.5. Other
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Refined Functional Carbohydrates Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Product
- 8.2.1. Mannan Oligosaccharides
- 8.2.2. Beta Glucan
- 8.2.3. D-Mannose
- 8.2.4. Human Consumption yeast
- 8.2.5. Feed yeast
- 8.2.6. Others
- 8.3. Market Analysis, Insights and Forecast – By Application
- 8.3.1. Cattle/Claves
- 8.3.2. Poultry
- 8.3.3. Swine
- 8.3.4. Aquaculture
- 8.3.5. Other
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East, and Africa Refined Functional Carbohydrates Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Product
- 9.2.1. Mannan Oligosaccharides
- 9.2.2. Beta Glucan
- 9.2.3. D-Mannose
- 9.3. Market Analysis, Insights and Forecast – By Application
- 9.3.1. Cattle/Claves
- 9.3.2. Poultry
- 9.3.3. Swine
- 9.3.4. Aquaculture
- 9.3.5. Other
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. VWR Corporation
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Super Beta Glucan
- 10.6. Orffa
- 10.7. Biofeed Technology Inc.
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
