The Global Functional Carbohydrates Market to Gain $7053.32 Million by 2028

As per a Triton Market Research report, the global functional carbohydrates market, which generated $331.37 million in 2018, is anticipated to flourish at a CAGR of 6.57% by the year 2028.

A study by Triton Market Research with the title 'Global Functional Carbohydrates Market,' covers the Global Analysis and Forecast for 2019-2028 by Type (Palatinose, Cyclodextrin, Isomalt, Curdlan, Others), by Application (Cosmetics & Personal Care, Food & Beverage, Pharmaceutical/Nutraceutical, Other Application), and by Geographical Region (North America, Asia-Pacific, Europe, Latin America, Middle East and Africa).

Functional carbohydrates refer to non-cariogenic products that have a low glycemic index and prolong the digestion process due to their slow breakdown. They find applications in cosmetics & personal care products, food & beverages and pharmaceutical products.

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According to the report, the global functional carbohydrates market is predicted to reach $7053.32 million by 2028, growing at a CAGR of 6.57% in the projected period 2019-2028. The increasing awareness about the functionalities of carbohydrates among consumers is primarily driving the growth of the global functional carbohydrates market. The rising demand for these products in the cosmetic industry and other industrial applications like animal feed, textile, personal care segments are other factors influencing the growth of this market. However, the escalating price of functional products and the easy availability of substitutes like Cyclamate are impeding the growth of the functional carbohydrates market.

Based on type, the functional carbohydrates market is segmented into palatinose, cyclodextrin, isomalt, curdlan and other types. According to application, the market is divided into cosmetics & personal care, food & beverage, pharmaceutical/nutraceutical and other applications.

According to the regional landscape, Latin America is likely to be the fastest-growing region for the functional carbohydrates market in the forthcoming period. The growing and better-educated middle-class population in Brazil is willing to spend on dietary supplements by perceiving them as lifestyle accessories. This is a primary factor in the growth of the functional carbohydrates market in the region.

On the other hand, Europe is expected to be the largest functional carbohydrates market with the highest revenue in the forecasted years. With the rising occurrence of obesity and the resulting surge in weight-related surgeries, there is an increase in the adoption of high-end replacement options, which is a major driver in the growth of the functional carbohydrates market.

Haihang Industry Co Ltd, Fraken Biochem Co Ltd, Sudzucker AG, Roquette Freres, Cargill Incorporated, Sanxinyuan Food Industry, Wacker Chemie AG, Foodchem International Corporation, Zibo Qianhui Biological Technology Co Ltd and Evonik Industries AG are few of the eminent players in the functional carbohydrates market.

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Question & Answer: Fuctional Carbohydrates Market

Question 1: Which are the key factors driving the growth of the global functional carbohydrates market?
Answer: The increasing awareness about the functionalities of carbohydrates among the customers is primarily driving the growth of the global functional carbohydrates market. The rising demand for these products in the cosmetic industry and other industrial applications like animal feed, textile, personal care segments are other factors influencing the growth of the functional carbohydrates market.

Question 2: What are the factors impeding the growth of the functional carbohydrates market?
Answer: The escalating price of functional products and the easy availability of substitutes like Cyclamate is impeding the growth of the functional carbohydrates market.

Question 3: How are Latin America and Europe impacting the functional carbohydrates market outlook?
Answer: According to the regional landscape, Latin America is likely to be the fastest-growing region for the functional carbohydrates market in the forthcoming period. The growing and better-educated middle-class in Brazil is willing to spend on dietary supplements by perceiving them as lifestyle accessories. This is a primary factor in the growth of the functional carbohydrates market in the region.

On the other hand, Europe is expected to be the largest functional carbohydrates market with the highest revenue in the forecasted years. With the rising occurrence of obesity and the resulting surge in the weight-related surgeries, there is an increase in the adoption of high-end replacement options, which is a major driver in the growth of the functional carbohydrates market.

Question 4: Which are the eminent players in the functional carbohydrates market?
Answer: Haihang Industry Co Ltd, Fraken Biochem Co Ltd, Sudzucker AG, Roquette Freres, Cargill Incorporated, Sanxinyuan Food Industry, Wacker Chemie AG, Foodchem International Corporation, Zibo Qianhui Biological Technology Co Ltd and Evonik Industries AG are few of the eminent players in the functional carbohydrates market.

Related Report:
Global Dietary Supplement Market

The global dietary supplement market is estimated to reap $306.128 billion by 2028, exhibiting growth at CAGR of 8.91% over the estimated period 2019-2028.

The growing demand for supplements in the health & wellness industry in different forms, including tablets, liquid gels and capsules, is expected to play an important role in the growth of the global dietary supplement market. The rising potential of the sports nutrition segment is likely to be a trend that will affect the global market growth positively. The increasing use of clinical nutritional products and the escalating geriatric population are other factors driving the growth of the dietary supplements market.

The budding demand for nutraceutical products in the e-commerce sector is expected to create significant opportunities for the global market growth. In addition, there is also an increase in attention towards plant-based supplements, which is expected to open new horizons for the growth of the dietary supplements market.

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