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Human Milk Oligosaccharides Market Global Analysis by Company, Regions, Types and Applications Till 2023
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Based on application, the human milk oligosaccharides market is classified into functional food and beverage, food supplements, infant formulas, and others.
Increasing focus on the development of cost effective production techniques has opened avenues for innovation in the human milk oligosaccharides area which is expected to create growth opportunities in the human milk oligosaccharides market for the industry players.
High cost of production is identified as a major restraint in the human milk oligosaccharides market. It cannot be synthesised directly through human milk because of low availability of donor group. Various manufacturers are working to develop the technologies to produce the product through synthetic and enzymatic methods.
Europe is anticipated to hold the largest share in the human milk oligosaccharides market during the forecast period, due to the increasing demand of infant formulas to boost their immunity. Along with that, the increasing demand of the product from functional food and beverage industry is also expected to propel the market growth.
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Some of the major players operating in the global human milk oligosaccharides market include Medolac Laboratories, ZuChem Inc., Elicityl SA, Glycom, Glycosyn LLC, Inbiose NV, Jennewein Biotechnologie GmbH, Dextra Group, GNUbiotics Sciences, DowDuPont Inc, and ProZyme Inc.
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