Human Milk Oligosaccharides Market Analysis, Manufacturers Details, Sales and Consumption Forecasts to 2027
The Global Human Milk Oligosaccharides Market is
Expected to Register a CAGR of 27.06% During the
Forecast Period with a market value of USD 110.03 Million in 2018.
The role of breast milk in infant nutrition is of paramount
importance as it ensures health and nourishment. However, in many cases,
breastfeeding is not an option due to factors such as genetic defects, terminal
diseases, and infections. In such cases, HMOs and associated functional foods
play an important role in providing the required nutrition and immunity. HMOs
play a major role in ensuring immunity more than nourishment. They are
undigested and thus act as preferred feed for the good bacteria in the gut.
This boosts the immune system, especially in infants, which helps fight viruses
and infectious bacteria.
Human
Milk Oligosaccharides (HMO) Market Growth
Segment Analysis
The global human milk oligosaccharides market is segmented on
the basis of type, application, and region.
Based on type, the global human milk oligosaccharides market
has been segregated into neutral and acidic. Application-wise, the market has
been segmented into food industry and laboratory research.
Regional Analysis
The global human milk oligosaccharides market has been
segmented, on the basis of region, into North America, Europe, China, and
Japan.
North America accounted for the largest share of the global
human milk oligosaccharides market in 2018 and is expected to maintain its
dominance throughout the forecast period. This can be attributed to the high
consumption of infant formula in the region and increasing approval of new HMO
products.
The European human milk oligosaccharides market was the second
largest in 2018. In the UK, the rate of breastfeeding is the lowest
in the world, which is a major determinant driving the regional market growth.
Moreover, the approval of new and enhanced HMOs in the region is also
contributing to the growth of the European human milk oligosaccharides market.
China is expected to be the fastest-growing market for HMOs
during the forecast period owing to the increasing demand for HMO-based infant
formula in the country.
Key Findings of the Study
- The
global human milk oligosaccharides market was valued at USD 110.03
million in 2018 and is expected to register a CAGR of
27.06% during the forecast period.
- In 2018,
North America accounted for the largest share of the global market due to
the increasing consumption of infant formula.
- The
neutral segment accounted for the larger market share of 95% in
2018.
- The
food industry segment, by application, dominated the global human milk
oligosaccharides market with a share of 55% in 2018.
Complete Report Details @ https://www.marketresearchfuture.com/reports/human-milk-oligosaccharides-market-7843
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