The global human milk oligosaccharides market size is expected to experience substantial growth in the foreseeable future. This information is published by Fortune Business Insights™ in its report titled “Human Milk Oligosaccharides Market, 2022-2029“. The product is a conjugated complex carbohydrate and the third most found component in human milk. Good bacteria present in human milk improves digestion in babies and is expected to propel the market. Due to this, oligosaccharides are abundantly used in infant formula. According to Simmons National Consumer Survey, in 2020, the use of liquid / powdered infant formula among Americans was 8.20 million. Moreover, it is also consumed as prebiotics for improving gut health. Factors like this are projected to drive market growth in forthcoming years.
Increasing Demand for HMO Probiotics to Augment Market Growth Amid COVID-19
The pandemic experienced a Baby Boom as per the predictions of UNICEF. The statistics show an estimate of 116 million babies to be born in the pandemic. With many mothers infected during the spread of the virus, babies were shifted to infant formula. Moreover, the baby boom in the pandemic caused a rise in demand for infant formula. As the industry of baby formula considered essential, there was no shutdown of the production facilities. Also, human milk oligosaccharides (HMO) are used as a probiotic that led to their high demand during the pandemic. Even after the pandemic gets over, it is expected that the health benefits of HMO will ensure a stable demand.
Fortune Business Insights™ lists out all the human milk oligosaccharides market companies that are presently striving to reduce the impact of Covid-19 pandemic on the market:
The research evaluates the current and future growth prospects, avenues not yet ventured, factors affecting revenue potential, supply and demand patterns in the global market, regional consumption, and much more. The research was conducted by meticulously studying the primary and secondary sources of information in qualitative and quantitative terms. This has resulted in authentic inferences about the market, providing the client with facts and figures to make business decisions. Moreover, the data provided in the report is essential to every new entrant and stakeholder of the market to ensure strategic investment.
Increasing Demand from Health-Conscious Consumers to Propel Market Growth
Human milk oligosaccharides market growth is expected to gain traction owing to the increasing demand for infant formula. Artificial synthesizing of HMO using enzyme transglycosylation techniques is expected to boost the demand for the product. Moreover, health-conscious parents are aware of how the gut microbiota in infants and toddlers is essential for their health and development. This ensures higher adoption for the product in the market.
The utilization of HMO is not confined to the infant formula but also expanding into functional food and beverages. Health-conscious consumers are shifting to nutritious food to make changes in lifestyle. For instance, PureHMO by Layer Origin is one such prebiotic powder infused with high purity HMO to stimulate the growth of Bifidobacterium and Lactobacillus in the gut.
The type of human milk oligosaccharides is segmented into 2’FL, 3’FL, 3’SL, and 6’SL. The application is spread across dairy, bakery, dietary supplements, infant formula, and beverages. The geography of the market is categorized into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
North America to Remain Dominant; Increasing Consumption of Functional Food to Aid Growth
North America is expected to hold substantial human milk oligosaccharides market share in the foreseeable future. This is due to the growing consumption of functional food and beverages by health-conscious consumers in the region.
Asia-pacific is expected to hold a significant market share due to the high demand for infant formula. Prominent players like Nestle are establishing their production facilities in China and India. The rising disposable income of these countries and the presence of production bases in the region are expected to drive market growth.
The Global Human Milk Oligosaccharides Market Research/Analysis Report Contains Answers to your following Questions:
Which Manufacturing Technology is used for Human Milk Oligosaccharides? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
Who Are the Global Key Players in This Human Milk Oligosaccharides Market? What are Their Company Profile, Their Product Information, and Contact Information?
What Was Global Market Status of Human Milk Oligosaccharides Market? What Was Capacity, Production Value, Cost and PROFIT of Human Milk Oligosaccharides Market?
What Is Current Market Status of Human Milk Oligosaccharides Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Human Milk Oligosaccharides Market Trends by Taking Applications and Types in Consideration?
What Are Projections of Global Human Milk Oligosaccharides Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
What Is Human Milk Oligosaccharides Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
What Is Economic Impact On Human Milk Oligosaccharides Industry? What are Global Human Milk Oligosaccharides Analysis Results? What Are Global Human Milk Oligosaccharides Development Trends?
What Are Market Dynamics of Human Milk Oligosaccharides Market? What Are Challenges and Opportunities?
What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Human Milk Oligosaccharides Industry?
Prominent Players to Invest in R&D to Reduce Production Cost
The market is constantly developing with high investments in research and development. The market is competitive to keep up with the new updates in the product. Moreover, extensive research is being done to reduce the cost of production and expand business horizons. The market’s competitive nature has led to various partnerships and collaborations between the new entrants to strengthen their positions. This market is likely to generate high revenues in the forthcoming years with its emerging application and high product demand.
October 2019 – Prebilac, a human milk oligosaccharide 2’FL ingredient, was launched by BASF SE. This was developed in partnership with Glycosyn to expand the portfolio of BASF beyond infant nutrition and mutually benefit from the partnership.
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