Global Mannan Oligosaccharide Market Outlook to Reach $2.7 Billion by 2029, Growing at 5.9% CAGR

What Is the Future Outlook for the Mannan Oligosaccharide Market's Size and Growth Rate?
In recent years, the market size of mannan oligosaccharide has significantly expanded. The market is projected to increase from $2.02 billion in 2024 to $2.15 billion in 2025, with a compound annual growth rate (CAGR) of 6.1%. This historical growth trend is due to factors such as a growing demand for natural feed additives, an increase in livestock production, heightened worries about antibiotic resistance, the expansion of the animal feed industry, and a surge in livestock disease occurrences.

Predictions for the mannan oligosaccharide market forecast a substantial increase in its size in the coming years, expanding to $2.7 billion in 2029, with a compound annual growth rate (CAGR) of 5.9%. Factors contributing to growth during this forecasted period include the increasing incidences of chronic diseases, a surge in the intake of nutrition derived from animals, heightened demand for prebiotic components, greater demand for food products based on protein, and a rise in average individual income. Key trends predicted to shape this period are enhancements in organic and natural ingredients, technological progress, evolution in the processed food arena, improvements in animal nutrition, and the incorporation of precise livestock farming techniques.

What Are the Forces Behind the Rapid Growth of the Mannan Oligosaccharide Market?
The growing intake of animal-based nutritional products will likely fuel the expansion of the mannan oligosaccharide market. Animal-based nutritional products, food or supplements that originate from animal sources, offer crucial nutrients such as proteins, vitamins, and minerals for human consumption. The increased use of these products is due to several factors, including perceived nutrition benefits, cultural and culinary practices, and urban evolution affecting global dietary preferences. Mannan oligosaccharides help improve intestinal health, fortify the immune system and boost growth performance, making them beneficial for enhancing the sustainable and efficient output of animal-based nutritional products. For example, meat production in Australia was recorded at 121.8 tons in 2021 by the Australian Bureau of Statistics, and this figure jumped to 125.6 tons in 2022. As such, the escalating consumption of animal-based nutritional products is fostering the growth of the mannan oligosaccharide market. The mannan oligosaccharide market is also set to benefit from the growing demand for dietary supplements. These products, aimed at augmenting the diet by providing missing or inadequate nutrients, don't substitute for a balanced diet. As awareness about health increases and efforts to prevent diseases rise, the demand for dietary supplements for improved immunity, energy, and overall wellness has grown. Mannan oligosaccharides perform as prebiotics and aid the growth of beneficial gut bacteria, thus improving digestive health, enhancing immune functionality and maintaining a balanced gut microbiome. For instance, a report by Nutrition Integrated in January 2024 revealed that the variety of clear protein powder products in Europe surged by 159% since January 2022. Also, Amazon's data showed a 216% rise in the purchase of clear protein powders in the UK in 2023 as compared to 2022. Consequently, the escalating demand for dietary supplements is driving the growth of the mannan oligosaccharide market.

Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=16112&type=smp

Which Key Market Leaders Are Driving Mannan Oligosaccharide Industry Growth?
Major companies operating in the mannan oligosaccharide market are Lesaffre International SAS, Angel Yeast Co. Ltd., Alltech Inc., Lallemand Inc., Novus International Inc., Royal Canin SAS, Pancosma SA, AB Vista Co, JH Biotech Inc., Biorigin LLC, Phileo Lesaffre Animal Care, Titan Biotech Limited, Nutritech International Ltd., Meenakshi Agro Farms, ICC Brazil Co, Hexon Laboratories Pvt. Ltd., Biofeed Technology Inc., Mitushi Pharma, Rajvi Enterprise, Vet Biochem Animal Healthcare.

What Are the Main Segments in the Mannan Oligosaccharide Market?
The mannan oligosaccharide market covered in this report is segmented -

1) By Type: Food Grade, Feed Grade, Pharma Grade
2) By Application: dietary supplement*, Medical Application, Veterinary Food, Other Applications
3) By End Use: Pet Food Industry, Pharmaceuticals, Aquaculture, Other End Uses

Subsegments:
1) By Food Grade: Functional Food And Beverages, Nutraceuticals, Dietary Supplements
2) By Feed Grade: Livestock Feed, Poultry Feed, Aquaculture Feed, Pet Food
3) By Pharma Grade: Pharmaceutical Applications, Medical Supplements, Therapeutic Products

Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/mannan-oligosaccharide-global-market-report

Which Geographic Area Leads the Mannan Oligosaccharide Market?
North America was the largest region in the mannan oligosaccharide market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mannan oligosaccharide market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Mannan Oligosaccharide Global Market Report?

- Market Size Analysis: Analyze the Mannan Oligosaccharide Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Mannan Oligosaccharide Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Mannan Oligosaccharide Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Mannan Oligosaccharide Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=16112

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.