The human milk oligosaccharides market is projected to grow at a considerable CAGR of more than 12% during the forecast period (2020-2026). Rising concerns regarding gut diseases, high blood pressure, diabetes, and rickets among other chronic diseases have resulted in an increased demand for functional food and beverages, which is expected to propel the regional demand for human milk oligosaccharides. Incorporation of human milk oligosaccharides in functional food and beverages promotes the growth of good bacteria and eliminates harmful bacteria, including salmonella, listeria, and campylobacter.
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There is a high demand for functional food and beverages with prebiotic properties. Human milk oligosaccharides not only provide prebiotic effects but also stimulate the neurological health of human beings. These properties are expected to drive the demand for HMOs in functional food and beverages. Companies including Inbiose NV; ZuChem, Inc.; and Glycosyn LLC have been making efforts to develop human milk oligosaccharides for functional food and beverages. Several enzymes and chemicals used for manufacturing human milk oligosaccharides are very expensive and have limited availability. This factor is likely to hinder the market growth. Infant formula is the dominant application segment for HMOs, followed by functional food and beverages. The demand for high nutritional food for children as well as adults is another factor driving the human milk oligosaccharides market.
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Global Human Milk Oligosaccharides (HMOs) Market Segmentation
By Application
• Infant Formula
• Dietary Supplements
• Functional Food & Beverage
Regional Analysis
• North America
• US
• Canada
• Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
• Asia-Pacific
• China
• India
• Japan
• Rest of Asia-Pacific
• Rest of the World
Company Profiles
• Abbott Laboratories, Inc.
• BASF SE
• DuPont de Nemours, Inc.
• Elicityl SA
• Glycosyn LLC
• Gnubiotics Sciences S.A.
• Inbiose NV
• Jennewein Biotechnologie GmbH
• Koninklijke DSM N.V.
• Medolac Laboratories
• Nestle S.A.
• Royal FrieslandCampina N.V.
• ZuChem, Inc.
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