Functional Carbohydrates Market by Type (Isomalt, Palatinose, Cyclodextrin, Curdlan, and Others), Application (Food & Beverages, Cosmetics & Personal Care, Pharmaceuticals/Nutraceuticals, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026
Functional carbohydrates are non-cariogenic, low glycemic, and slow digestible carbohydrates, which are used in functional food and beverages as they promotes reduction in the blood level response. These functional carbohydrates play a vital role in enhancing immune system, reducing the risk of diabetes, and supporting energy and weight management. These functional carbohydrates are available in syrup and powder form and have various functions such as sweetener, nutritional supplement, whipping agent, stabilizers, firming agent, gelling agent, and others. These functional carbohydrates are used as an ingredient or additives in functional food, bakery items, dairy products, cereals, malt beverages, pharmaceuticals, animal feed, and others. All these benefits along with their wide applications have driven the growth of the functional carbohydrates market.
Moreover, rise in concern regarding appearance among consumers has fueled the demand for cosmetics such as anti-aging products. Functional carbohydrates such as hyaluronic acid and cyclodextrin, are used as an ingredient in cosmetics products such as anti-aging products and help promote a youthful appearance. Thus, these factors fuel the growth of the functional carbohydrates market. However, high price of functional carbohydrates such as Isomalt, increase the price of the final products over its substitutes such as HFCS 42, which is expected to hamper the growth of the functional carbohydrates market. On the contrary, rise in health issues has encouraged consumers to opt for products that are made from healthy ingredients, which can support their general fitness. Functional carbohydrates such as Palatinose and Isomalt, support energy and weight management, maintain the blood sugar level, and reduce the risk of heart attack. Thus, rise in awareness about these benefits is expected to persuade manufacturers to produce products that contain functional carbohydrates. This factor is anticipated to boost the functional carbohydrates market in the upcoming years.
The functional carbohydrates markets is segmented based on type, application and region. Based on type, the market is classified into Isomalt, Palatinose, Curdlan, Cyclodextrin and others. By application, it is divided into food & beverages, pharmaceutical/nutraceutical, cosmetics & personal care, and others. Based on region, the functional carbohydrates market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the report include 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.
KEY BENEFITS FOR STAKEHOLDERS
This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global functional carbohydrates market from 2019 to 2026 to identify the prevailing market opportunities.
The key countries in all the major regions are mapped based on their market share.
Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
In-depth analysis of the market segmentation assists in determining the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global industry. Market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of market players.
The report includes the analysis of the regional as well as the global market, key players, market segments, application areas, and growth strategies.
KEY MARKET SEGMENTS:
Food & Beverages
Cosmetics & Personal Care
Rest of Europe
Rest of Asia-Pacific
Rest of LAMEA
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