Global Functional Carbohydrates Market: Industry Analysis and Forecast (2020-2026)

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Global Functional Carbohydrates Market: Industry Analysis and Forecast (2020-2026)

Global Functional Carbohydrates Market size was valued at US$ XX Mn in 2019 and the total revenue is expected to grow at 6.1% through 2020 to 2026, reaching nearly US$ XX Mn in the forecast period.

The global Functional Carbohydrates Market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Functional Carbohydrates Market report also provides trends by market segments, technology, and investment with a competitive landscape.

Global Functional Carbohydrates Market Overview:

Functional Carbohydrate is a term that describes the kind of carbohydrate that plays a chief role in body mechanisms like developing the immune system, lower the level of lipids, to provide strength, regulating the intestinal flora of the human body, Build macromolecules and store glucose in the form of glycogen in the human body. Functional carbohydrates are non-cariogenic and need more time to digest in the body.

Functional carbohydrates are widely used in animal feed, paints, cosmetics industry, food, and beverages industry due to their satisfying properties like a thickening agent, sweetening agent firming agent. The most commonly used functional carbohydrates are isomalt, galactic-oligosaccharides, and hyaluronic acid and they are available in both the forms powder as well as syrup.

Global Functional Carbohydrates Market Dynamics:

The various properties of functional carbon are creating huge awareness among consumers and are driving the market in the forecast period. The trend of consuming organic food with quality and consumers being more aware in the healthcare profession is accelerating the growth of the market. Similarly, the trend of cosmetics with high stability of ingredient and anti-ageing properties, and enhanced mode of therapeutic action in cosmetics products is likely to motivate the market effectively.

Moreover, the escalating disposable income of the individual, rising purchasing power, wide applications of functional carbohydrates in industries like food and beverages, cosmetics and personal care, pharmaceutical to develop new formulas with functional carbohydrates is boosting the expansion of the functional carbohydrate market.

Functional carbohydrates like isomalt are more expensive to operate hence, the overall price of the final products increases, and this factor may affect the growth of the functional carbohydrate market and acts as a challenge for market players.

Major Key Players like Cargill incorporated, Roquette Frères, Franken BioChem Co. Ltd are focussing on increasing the sustainability into the market by developing stronger distribution channel and supply chain management, focusing on innovation to develop more functional products is making a way for budding companies to enter the market and creates an opportunity to grow.

Global Functional Carbohydrates Market Segment Analysis:

By Type, the segment is categorized into Isomalt, Palatinose, Cyclodextrin, Curdlan, Others. The isomalt segment is dominating the functional carbohydrate market and held the largest global share in 2019. The wide applications of isomalt like the anticaking agent, bulking agent, and sweetener in the good and beverages industry are motivating the growth of the market and contribute one-fourth to the total market. Cyclodextrin is second dominating and is predicted to grow at a CAGR of 6.3% in the forecast period. Due to its wide applications in the food and beverage industry and pharmaceuticals.

Global Functional Carbohydrates Market

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By Application: the segment is divided into Food & Beverages, Cosmetics & Personal Care, Pharmaceuticals / Nutraceuticals, Others. The food and beverages industry is driving the growth of the market. The market share of the food and beverages segment in the functional carbohydrate market was valued at 45.66% in 2018.

The properties of isomalt, Cyclodextrin, and palatinose are rising the usage of emulsifiers, stabilizers, additives, sweeteners, and gel are majorly contributing to the expansion of the food and beverages industry. The factor responsible to drive the market is consumers' focus on low sugar, less calorie, and suitable health ingredient for daily lifestyle. The second dominating cosmetics & personal care product industry is growing at a CAGR of 6.13%. Due to the rising trend of the cosmetic industry and a wide range of anti-aging products in the market.

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Global Functional Carbohydrates Market Regional Insights:

Asia Pacific market is growing at a CAGR of 7.42% Due to the increasing population in China, India, and Japan and rapid urbanization in countries is giving a hit to cosmetic industries. The factor responsible for the growth is anti-aging properties and concerns related to appearances are striking the market in the Asia Pacific region.

Europe is contributing a major share into the functional carbohydrate market and is likely to maintain its position in the market. The increase in chronic diseases and health concerns is boosting the growth of the market. The severity of diseases like heart attack, diabetes, and fluctuating lifestyle is increasing the expansion of the market. Developments in healthcare sectors and new technologies are motivating the European market and contribute one-third of the total market share.

North America is second dominant in the functional carbohydrate market. Furthermore, Latin America, Middle East, and Africa are accounting for major shares in pharmaceuticals and personal care products, and cosmetics are expected to represent the growth at a CAGR of 6.7%.

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The objective of the report is to present a comprehensive analysis of the global Functional Carbohydrates Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the global Functional Carbohydrates Market dynamics, structure by analyzing the market segments and project the global Functional Carbohydrates Market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the global Functional Carbohydrates Market make the report investor’s guide.

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Global Functional Carbohydrates Market, by Region

• North America

• Europe

• Asia Pacific

• Middle East and Africa

• South America

Global Functional Carbohydrates Market Key Player

• Beneo GmbH

• Wacker Chemie AG

• Cargill Incorporated