Global Human Milk Oligosaccharides Market Size, Insights, Drivers, Opportunities, By Application (Infant Formula, Functional Food & Beverages, Food Supplements, Others), By Region, Growth, Trends and Forecast from 2019 to 2027
Global Human Milk Oligosaccharides Market Size, Insights, Drivers, Opportunities, By Application (Infant Formula, Functional Food & Beverages, Food Supplements, Others), By Region, Growth, Trends and Forecast from 2019 to 2027
Historic years: 2015 to 2017 Base Year: 2018 Forecast Years: 2019 to 2027
Number of pages: 100 Category: Healthcare Report Id: MISHC5003
Market Insights
The global human milk oligosaccharides market was valued at USD 88.53 million in 2018 and is estimated to reach a value of USD 293.90 million in 2027. The market is analyzed to rise at a CAGR of 14.26% over the forecast period of 2019 to 2027. The rise in the number of health concerned population has driven the demand for the human milk oligosaccharides market. The product promotes the growth of the healthy bacteria in the food market. Moreover, it also helps to stabilize the metabolic activity in the human body.Global human milk oligosaccharides market size by region, 2018 (USD Million)
Primary and secondary market researchers have identified Inbiose; Jennewein Biotechnologie GmbH; Elicityl SA; Glycom A/S; ZuChem, Inc.; Medolac Laboratories; and Glycosyn LLC. as the top players in the global human milk oligosaccharides market. However, considering about the analysis of this segment, factors like company revenue, industry trends towards selecting a particular group and penetration of the human milk oligosaccharides manufacturers are being considered.
The constant product innovations from the manufacturers in the market have been driving the growth of the industry over the forecast period. The rise in the use of products for infant formula applications in the market has been fueling the demand of the consumers towards the quality products. The market is also benefited by the demand of the probiotic products for the infants in the world. The rise in the birth rates along with the urbanization leading to the hectic lifestyle has increased the demand for the products in the market.
Application Insights
Infant formula application is estimated to be the largest segment holding a share of about 72.55% share in the market. In 2018, the infant milk product market was estimated to be USD 64.23 million and is expected to reach USD 209.03 million in 2027 with a CAGR of 14.01% over the period of 2019 to 2027. Infant formula continues the dominance due to its prescription from the physicians containing an exact nutrient content for its product. The market is also driven by the convenience of the product for the prevention of various diseases after being used as a pro-biotic product.Global human milk oligosaccharides market value share by application, 2027 (%)
Regional Insights
As of 2018, Europe accounts for the largest share in the human milk oligosaccharides market, with a share of over 38.04% of the global market. The rise in the consumption of infant products along with the rise in the disposable income of the consumers in the developed countries such as Germany, U.K., France and Italy provide the product, a reasonable demand from the global market. China dominates the global market for the growth of human milk oligosaccharides due to the rise in the birth rate and the disposable income for the consumers in the country. The report is a thorough market study which includes top companies, their annual presentations, industry publications, press releases and their drivers, opportunities, trends and the product understanding through different modes (Application, and Regional analysis) with growth factors and future expectancies in the human milk oligosaccharides market.Research Methodology
The following report consists of market analysis including both primary and secondary research. Primary research comprises the interaction between manufacturers, industry experts and channel partners, while the secondary research presents an analytical interpretation of relevant publications which contains details like proprietary databases, purchased database, company annual reports, and financial reports. For single, team and corporate user license, we will provide 15% free customization of the report. However, alternatively, if you are looking for additional data or insight related to the scope of the report, you may purchase the "Customized Research License". Please put an enquiry for the pricing details.Segments covered in the report
Application Outlook- Infant Formula
- Functional Food & Beverages
- Food Supplements
- Others
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Asia Pacific
- China
- Japan
- Central & South America
- Brazil
- Middle East & Africa
- South Africa
- All market trends, drivers and opportunities
- Analyzing the regional market for the growth factors, estimated analysis and its penetration to the global market
- The complete analysis of the parent market
- Top changes in the market dynamics
- Market opportunity assessment
- Detailed market segmentation and detailed analysis with the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Analysis of market share and developments
- Detailed company profiling of leading companies
- Opportunities to newer markets in global and regional markets
- Analysis of the trajectory line of the market
- Measures to consider for strengthening human milk oligosaccharides products in the market