Human Milk Oligosaccharides (HMOs) Market Will Generate Record Revenue by 2029
Human milk oligosaccharides market is projected to grow at a considerable CAGR of more than 12% during the forecast period. Rising concerns regarding gut diseases, high blood pressure, diabetes, and rickets among other chronic diseases have resulted in an increased demand for functional food and beverages, which is expected to propel the regional demand for human milk oligosaccharides. Incorporation of human milk oligosaccharides in functional food and beverages promotes the growth of good bacteria and eliminates harmful bacteria, including salmonella, listeria, and campylobacter.
There is a high demand for
functional food and beverages with prebiotic properties. Human milk
oligosaccharides not only provide prebiotic effects but also stimulate the
neurological health of human beings. These properties are expected to drive the
demand for HMOs in functional food and beverages. Companies including Inbiose
NV; ZuChem, Inc.; and Glycosyn LLC have been making efforts to develop human
milk oligosaccharides for functional food and beverages. Several enzymes and
chemicals used for manufacturing human milk oligosaccharides are very expensive
and have limited availability. This factor is likely to hinder the market
growth. Infant formula is the dominant application segment for HMOs, followed
by functional food and beverages. The demand for high nutritional food for
children as well as adults is another factor driving the human milk
oligosaccharides market.
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Market Coverage
·
The market number available for – 2022-2030
·
Base year- 2022
·
Forecast period- 2023-2030
·
Segment Covered- By Source, By Product Type, By
Applications
·
Competitive Landscape- Archer Daniels Midland Co.,
Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Human Milk Oligosaccharides
Market Segmentation
By Application
- Infant Formula
- Dietary Supplements
- Functional Food & Beverage
A full report of Human Milk
Oligosaccharides (HMOs) Market available @ https://www.omrglobal.com/industry-reports/human-milk-oligosaccharides-hmos-market
Human Milk Oligosaccharides
Market – Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of the Asia-Pacific
Rest of the World
Company Profiles
·
Abbott Laboratories, Inc.
·
BASF SE
·
DuPont de Nemours, Inc.
·
Elicityl SA
·
Glycosyn LLC
·
Gnubiotics Sciences S.A.
·
Inbiose NV
·
Jennewein Biotechnologie GmbH
·
Koninklijke DSM N.V.
·
Medolac Laboratories
·
Nestle S.A.
·
Royal FrieslandCampina N.V.
·
ZuChem, Inc.
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