Global Human Milk Oligosaccharides (HMOs) Market Size, Share & Trends Analysis Report by Application (Infant Formula, Dietary Supplements, Functional Food & Beverage) Forecast Period (2020-2026).
The human milk oligosaccharides market is anticipated to showcase a considerable growth rate during the forecast period. The rising awareness related to the human milk oligosaccharides along with better understanding related to its offered benefits is a key factor driving the growth of the HMOs market across the globe. The high consumption of prebiotic supplements by health-conscious consumers is promoting the manufacturers of these supplements to make use of human milk oligosaccharides to increase their productivity, which in turn is fueling the market growth. However, the high cost of the product may restrain the growth of the global market.
The human milk oligosaccharides market is segmented on the basis of application. Based on the application, the HMOs market is segmented into infant formula, dietary supplements, and functional food & beverage. Based on the application, the infant formula is expected to hold a major market share during the forecast period. The growing adoption of the human milk oligosaccharides in making nutritious formula for infants is a key factor contributing to the growth of the market segment.
Geographically, the market is segmented into North America, Europe, Asia Pacific and Rest of the World. North America is anticipated to hold a considerable market share in the human milk oligosaccharides market due to the continuous advancement in the production method of human milk oligosaccharides. Asia-Pacific is the fastest-growing region in the human milk oligosaccharides market. The developing food and beverage industry in India & China is anticipated to be a key factor contributing to the growth of the human milk oligosaccharides market in the region.
Nestle S.A., Zuchem, Inc., BASF SE, DuPont de Nemours, Inc., Abbott Laboratories, Koninklijke DSM N.V., Elicityl SA, Glycosyn LLC, Gnubiotics Science S.A., Inbiose NV, Jennewein Biotechnologie GmbH, and so on are among the key players operating in the global human milk oligosaccharides industry. The technical complexity of the production method is a major restraint for the new market entrants. The market players are actively investing in new production methods to improve efficiency and to retain their market position.
Research Methodology:
The market study of the global human milk oligosaccharides market is incorporated by extensive primary and secondary research. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity in the reports.
Secondary Sources Include:
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation:
1. Global Human milk oligosaccharides Market Research and Analysis by Application
The Report Covers:
The human milk oligosaccharides market is anticipated to showcase a considerable growth rate during the forecast period. The rising awareness related to the human milk oligosaccharides along with better understanding related to its offered benefits is a key factor driving the growth of the HMOs market across the globe. The high consumption of prebiotic supplements by health-conscious consumers is promoting the manufacturers of these supplements to make use of human milk oligosaccharides to increase their productivity, which in turn is fueling the market growth. However, the high cost of the product may restrain the growth of the global market.
The human milk oligosaccharides market is segmented on the basis of application. Based on the application, the HMOs market is segmented into infant formula, dietary supplements, and functional food & beverage. Based on the application, the infant formula is expected to hold a major market share during the forecast period. The growing adoption of the human milk oligosaccharides in making nutritious formula for infants is a key factor contributing to the growth of the market segment.
Geographically, the market is segmented into North America, Europe, Asia Pacific and Rest of the World. North America is anticipated to hold a considerable market share in the human milk oligosaccharides market due to the continuous advancement in the production method of human milk oligosaccharides. Asia-Pacific is the fastest-growing region in the human milk oligosaccharides market. The developing food and beverage industry in India & China is anticipated to be a key factor contributing to the growth of the human milk oligosaccharides market in the region.
Nestle S.A., Zuchem, Inc., BASF SE, DuPont de Nemours, Inc., Abbott Laboratories, Koninklijke DSM N.V., Elicityl SA, Glycosyn LLC, Gnubiotics Science S.A., Inbiose NV, Jennewein Biotechnologie GmbH, and so on are among the key players operating in the global human milk oligosaccharides industry. The technical complexity of the production method is a major restraint for the new market entrants. The market players are actively investing in new production methods to improve efficiency and to retain their market position.
Research Methodology:
The market study of the global human milk oligosaccharides market is incorporated by extensive primary and secondary research. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity in the reports.
Secondary Sources Include:
- Financial reports of companies involved in the market.
- Whitepapers, research-papers, and news blogs.
- Company websites and their product catalog.
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation:
1. Global Human milk oligosaccharides Market Research and Analysis by Application
The Report Covers:
- Comprehensive research methodology of the global human milk oligosaccharides market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global human milk oligosaccharides market.
- Insights about market determinants which are stimulating the global human milk oligosaccharides market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
Table of Contents
1. Report Summary
2. Market Overview and Insights
3. Competitive Landscape
4. Market Determinants
5. Market Segmentation
6. Regional Analysis
7. Company Profiles
Companies Mentioned
A selection of companies mentioned in this report includes:
- 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.
