Press release
Animal-Based Nutritional Products Fuel Expansion In Mannan Oligosaccharide Market: A Significant Driver Propelling The Mannan Oligosaccharide Market In 2025
Mannan Oligosaccharide
What Is the Mannan Oligosaccharide Market Size and Projected Growth Rate?
The mannan oligosaccharide market is growing strongly, expected to rise from $2.02 billion in 2024 to $2.15 billion in 2025, at a CAGR of 6.1%. The drivers of this growth include the increased demand for natural feed additives, livestock production growth, concerns over antibiotic resistance, the expansion of the animal feed industry, and rising incidences of livestock diseases.
The mannan oligosaccharide market size is anticipated to grow steadily in the next few years. It is projected to reach $2.7 billion by 2029, growing at a compound annual growth rate (CAGR) of 5.9%. The growth during the forecast period can be attributed to the rising prevalence of chronic diseases, increased consumption of animal-based nutritional products, growing demand for prebiotic ingredients, rising demand for protein-based food products, and higher per capita income. Major trends include improvements in natural and organic ingredients, technological advancements, processed food innovations, better animal nutrition, and the adoption of precision livestock farming.
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What Are the Major 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: , 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, s
2) By Feed Grade: Livestock Feed, Poultry Feed, Aquaculture Feed, Pet Food
3) By Pharma Grade: Pharmaceutical Applications, Medical Supplements, Therapeutic Products
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What Are The Driving Mannan Oligosaccharide Market Evolution?
The rising consumption of animal-based nutritional products is expected to boost the growth of the mannan oligosaccharide market. Animal-based nutritional products are foods or supplements derived from animal sources that provide essential nutrients like protein, vitamins, and minerals. The increased consumption of these products is driven by factors such as nutritional value, cultural preferences, and urbanization. Mannan oligosaccharides promote intestinal health, enhance immunity, and improve growth performance, which helps sustain the production of animal-based nutritional products. In March 2023, the Australian Bureau of Statistics reported a rise in meat production from 121.8 tons in 2021 to 125.6 tons in 2022. Therefore, the growing consumption of animal-based nutritional products is driving the mannan oligosaccharide market.
Which Firms Dominate The Mannan Oligosaccharide Market Segments?
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
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Which Is The Largest Region In 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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Mannan Oligosaccharide Market?
2. What is the CAGR expected in the Mannan Oligosaccharide Market?
3. What Are the Key Innovations Transforming the Mannan Oligosaccharide Industry?
4. Which Region Is Leading the Mannan Oligosaccharide Market?
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