Functional Carbohydrates Market Outlook 2026 Opportunity and Growth Analysis with Top Key Vendors
According to a new report published by KD
Market Insights, titled, "Functional
Carbohydrates Market by
Type and Application: Global Opportunity Analysis and Industry Forecast,
2019-2026," the global functional carbohydrates market size was valued at
$3,513.6 million in 2018 and is projected to reach $5,314.2 million by 2026,
registering a CAGR of 6.1% from 2019 to 2026. Functional
carbohydrates are non-cariogenic and prolong digestion owing to their slow
break down. Thus, these have a low glycemic index that tends to increase the
blood sugar level at a lower rate. Depending on application, the key
application areas include food & beverages, cosmetics & personal care
products , pharmaceutical/nutraceutical products and others that include animal
feed, paints, and construction materials.
The food & beverages segment in the
functional carbohydrates market is anticipated to have the highest market share
during the forecast period. The rise in health issues has boosted the demand
for the functional carbohydrates in various countries across the globe.
The functional carbohydrates market is driven
by rise in health concern and adoption of a healthy lifestyle by the consumers.
In addition, increase in the health issues globally has also driven the growth
of market. Moreover, rise in consumer demand for cosmetics that are free from
any toxic materials and increase in concern regarding appearance among
consumers also fuel the growth of the functional carbohydrates market. In
addition, increase in meat and dairy consumption leads to the rise in the
animal feed industry. This has increases the demand for special ingredients
such as functional carbohydrates to use in animal feed which helps in improving
feed efficiency. This factor has also bolster the growth of functional
carbohydrates market. However, high prices of functional foods & beverages
and availability of substitutes for functional carbohydrates these factors will
hamper the market growth during functional carbohydrates analysis period.
The global functional carbohydrates market is
segmented based on type, application, and region. Based on type, it is
classified as isomalt, palatinose, cyclodextrin, curdlan and others. By
application, it comprises food & beverages, cosmetics & personal care,
pharmaceuticals/nutraceuticals, and others. By region, it is analyzed across
North America, Europe, Asia-Pacific, and LAMEA.
Browse Full Report & TOC: https://www.kdmarketinsights.com/product/functional-carbohydrates-market-amr
Key Findings of The Functional
Carbohydrates Market:
- Based on type, the Isomalt and Palatinose
segment accounted for the highest share in 2018, growing at a CAGR of 4.7% and
4.9% respectively from 2019 to 2026.
- Based on application, the food & beverages segment accounted for about 46% of the functional carbohydrates market share in 2018 and is expected to experience growth at a CAGR of 5.6%.
- Based on region, Europe accounted for about 37% of the market share in 2018 and is expected to grow at a CAGR of 5.0%.
- Based on application, the food & beverages segment accounted for about 46% of the functional carbohydrates market share in 2018 and is expected to experience growth at a CAGR of 5.6%.
- Based on region, Europe accounted for about 37% of the market share in 2018 and is expected to grow at a CAGR of 5.0%.
The key players operating in the functional
carbohydrates industry are Beneo GmbH, Wacker Chemie AG, Cargill, Incorporated,
Evonik Industries AG, Roquette Frères, Sanxinyuan Food Industry Corporation
Limited, Haihang Industry Co., Ltd., Fraken Biochem Co. Ltd., Zibo Qianhui
Biological Technology Co., Ltd., and Foodchem International Corporation.
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