Mannan Oligosaccharides are primarily used to fortify nutraceuticals and food products for humans and animals. An increase in demand for functional ingredients to improve gastrointestinal functions in humans has propelled the demand for Mannan Oligosaccharides by the global pharmaceutical industry. An increase in the number of infectious diseases and rising demand for nutraceuticals to improve gut health immunity has resulted in a growth in demand for Mannan Oligosaccharides by the animal husbandry industry.
Increased awareness related to the adverse effects of synthetic ingredients and rising preference for organic ingredients for manufacturing food products for animals holds an ample amount of opportunities for the growth of the Global Mannan Oligosaccharides Market in developing countries like China, Brazil, Australia, and India. The presence of medicinal properties that improve urinary tract functions of pet animals also holds wide-scale opportunities in the pet food industry.
The high price of organic and plant-based products and lack of awareness related to the use of the organic product for accelerating growth of cattle acts as the major restraining factor while increasing awareness related to the use of single-cell protein in low and medium-income countries are the major challenging factor for the growth of the Global Mannan Oligosaccharides Market.
Increased awareness related to the use of plant-based and organic products as animal food has resulted in making North America the biggest market for Mannan Oligosaccharides, while the growing adoption of nutrient-rich solutions for animals has forecasted the consumption of Mannan Oligosaccharides in the Asia-Pacific to double till 2030.
Despite a huge decline in the sales of products during the initial phase of pandemic spread and lockdown restrictions all over the region, the market is observed to pick up a quick pace for registering a CAGR of almost more than 4.8%, during the tenure of 2021 – 2027.
The report published by Maximize encompasses the market dynamics, which could affect the market growth of Mannan Oligosaccharides in the region, the Value – Chain analysis, and the PORTER’s analysis for the Mannan Oligosaccharides market at a global level.
The study is consolidated on the basis of segments and further into sub-segments, By Type (Food Grade, Feed Grade, Pharma Grade), By Application (Dietary Supplement, Pharmaceuticals, Animal Food, Others), and By End User (Nutraceutical Industry, Food & Beverages Industry, Pharmaceutical Industry, Aquaculture, Animal Husbandry Industry, Others) to forecast the market size by value; also includes the analysis of past market dynamics from 2016 – 2019, considering 2020 as the base year.
Lastly, the market research report provides a regional comparison and a complete country level analysis for the latest trends, along with the major key players – Titan Biotech, Hexon Laboratories Pvt. Ltd., Exotic Biosolutions Pvt. Ltd., BIB Petfood, Fubon, ORFFA, Mltushi Pharma, Nutriteck, Lallemand, Biofeed Technology, Royal Canin, BENEO-Orafti SA, Clasado Ltd., Bright Food Corporation Ltd., Jarrow Formulas, Inc., Kraft Foods, Inc., Cosucra Group Warcoing SA, Stonyfield Farm
You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Mannan Oligosaccharides Market.”
https://www.maximizemarketresearch.com/market-report/global-mannan-oligosaccharides-market/121627/
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