A major role in the infant's development is played by human milk oligosaccharides, which are structurally complex glycans found in breast milk. Human milk oligosaccharides (HMOs) are known to promote the growth of beneficial gut bacteria, stimulate the immune system, and aid brain development.
Market Dynamics:
Growing awareness regarding health benefits of human milk oligosaccharides is expected to drive market growth. Additionally, increasing use of HMOs in food supplements and functional food & beverage products is again projected to foster market growth. In May 2021, NewAge, Inc., announced the launch of Nutrifii Kids™ Chewable Multivitamin, a daily supplement for support of the healthy development and immune systems of children and adolescents.
On the other hand, growing awareness regarding breastfeeding and high cost of production is expected to restrict the growth of human milk oligosaccharides market.
Key features of the study:
- This report provides in-depth analysis of the global human milk oligosaccharides market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global human milk oligosaccharides market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include ZuChem Inc., Merck & Co. Inc., Chr. Hansen Holding AS (Jennewein Biotechnologie GmbH), Royal FrieslandCampina NV, BASF, IFF (DuPont Nutrition & Health), Gnubiotics, Inbiose NV, Carbosynth Holdings Limited, and Royal DSM N.V
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global human milk oligosaccharides market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global human milk oligosaccharides market
Detailed Segmentation:
- Global Human Milk Oligosaccharides Market, By Application:
-
- Infant Formula
- Dietary Supplements
- Functional Food and Beverage
- Global Human Milk Oligosaccharides Market, By Geography:
-
- North America
- Europe
- Asia-Pacific
- Rest of the World