Press release
Functional Carbohydrates Market Trends, Global Industry Analysis, Size, Share, Growth and Forecast 2023-2028
How Big is the Functional Carbohydrates Market ? :IMARC Group's latest research report, titled "Functional Carbohydrates Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," the global functional carbohydrates market size reached US$ 4.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.9 Billion by 2028, exhibiting a growth rate (CAGR) of 5.19% during 2023-2028.
What is Functional Carbohydrates ? :
Functional carbohydrates generally include polysaccharides, oligosaccharides, dietary fiber, sugar alcohols, and other functional monosaccharides. They assist in strengthening the immune system, decreasing the level of blood lipids, regulating the intestinal flora, etc. Functional carbohydrates also create a natural, resist fermentation, sugar-like sweetness, prolong shelf-life, etc. It offers low hygroscopicity, color, and temperature stability. Consequently, functional carbohydrates are extensively utilized in the manufacturing of sports nutrition and other functional food and beverages across the globe.
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Who are the key Players Operating in the Industry ? :
• Cargill Incorporated
• Evonik Industries AG
• Foodchem International Corporation
• Franken Biochem Co. Ltd
• Haihang Industry
• Roquette Frères
• SANXINYUAN FOOD INDUSTRY
• Südzucker AG
• Wacker Chemie AG
• Zibo Qianhui Biological Technology Co. Ltd
What are the Growth Prospects and Trends in the Functional Carbohydrates Industry ? :
The increasing prevalence of cardiovascular diseases (CVDs), obesity, and diabetes among individuals, on account of unhealthy dietary patterns, lack of physical activity, and the widespread adoption of tobacco products, are primarily driving the functional carbohydrates market. Additionally, the growing consumer health consciousness is propelling the demand for sugar replacers in the manufacturing of food items, such as cereals, chocolates, baked goods, etc., which is further bolstering the market growth. Besides this, the rising usage of functional carbohydrates, as they provide nutritional benefits, such as a balanced and sustained energy supply, reducing calories, improving metabolism, promoting fat burning, supporting a low glycemic diet, etc., is acting as another significant growth-inducing factor.
Moreover, the increasing number of individuals who are participating in sports and other physical activities and the inflating popularity of nutraceutical products are positively influencing the global market. Apart from this, the introduction of enzyme technology that allows carbohydrate items to be isolated, modified, and refined is also catalyzing the market growth. Furthermore, the expanding agriculture industry is anticipated to fuel the functional carbohydrates market over the forecasted period.
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Key Market Segmentation:
Breakup by Type:
• Isomalt
• Palatinose
• Cyclodextrin
• Curdlan
• Others
Breakup by Application:
• Food and Beverages
• Cosmetics and Personal Care
• Pharmaceuticals and Nutraceuticals
• Others
Breakup by Distribution Channel:
• Online Stores
• Specialty Stores
• Others
Breakup by Region:
• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
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Contact us:
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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