What is Refined Functional Carbohydrates Market?
Rising Standards of Dairy Production will help to boost the global Refined Functional Carbohydrates market in the forecasted period. Refined functional carbohydrates are the components that are harvested from the yeast cells during the manufacturing processes by using specific enzymes. The main products of the enzymatic hydrolysis yield include mannan oligosaccharides, galactosamine, and beta-glucans that are naturally present in the yeast cells. Increasing demand for high-quality feed additives in animal nutrition to enhance livestock health and productivity is likely to boost the market demand.
The market study is being classified by Type (Mannan Oligosaccharides, Beta Glucan, D-Mannose and Others), by Application (Cattle, Poultry, Swine, Aquaculture and Others) and major geographies with country level break-up.
DuPont (United States), Orffa (Netherlands), Sweet Cures (United States), Super Beta Glucan (United Kingdom), VWR International, LLC (United States), Pet Health Solutions, EW Nutrition GmbH (Germany), LALLEMAND Inc (Canda), STRbiotech (India) and Matrix Nutrition (United Kingdom) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Arm & Hammer Animal Nutrition (United States), Zinpro Corporation (United States), Titan Biotech (India), BioFeed (United States), Tate & Lyle (United Kingdom) and Kerry Inc. (Ireland).
global refined functional carbohydrates market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Refined Functional Carbohydrates market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Refined Functional Carbohydrates market by Type, Application and Region.
On the basis of geography, the market of Refined Functional Carbohydrates has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2020. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- High demand due to increasing standard of dairy production
- The rising livestock production across the world
- The increasing demand for natural growth promoters in the animal nutrition
- Huge demand for animal by-products
- The issues associated with the potential yeast allergies and infection
- Increasing harmful pathogens in the poultry feed
- Growing demand for animal by-products
- Increasing demand for natural growth promoters in animal nutrition
- The concern related to the high consumption of refined functional carbohydrates
Market Leaders and some development strategies
In May 2019, Lallemand Bio-Ingredients Savory and Lallemand Specialty Cultures co-exhibited their products at the IFFA 2019 which was held in Germany. This helped the company to combine their expertise and know-how for offering complete solutions to the meat producers. This strategy would help the company to enhance its customer base
Key Target AudienceGovernment Research Organization, Private Research Organization, Regulatory Bodies and Others
Customization in the Report Available:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase