Human Milk Oligosaccharides (HMO) Market Values:
The global Human Milk Oligosaccharides (HMO) Market is projected to reach nearly US$ 133.4 million by 2029, experiencing a Compound Annual Growth Rate (CAGR) of 14.6% during the forecast period.
Report Scope:
The report provides comprehensive insights into the Human Milk Oligosaccharides (HMO) market, including market size, segment analysis, regional trends, and opportunities. It delves into the challenges and opportunities in the industry, offering strategic developments, benchmarking, and market share analysis.
Research Methodology:
The research methodology employs a robust approach, combining both primary and secondary research. The report offers detailed insights into market dynamics, drivers, restraints, opportunities, and challenges. It also includes the impact of technological advancements on the HMO market and provides a future outlook.
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Dynamics:
The report highlights the dynamic nature of the HMO market, addressing concerns such as the high cost of production due to the expensive manufacturing process. It explores emerging technologies in chemical and enzymatic synthesis, discussing their capital and energy requirements and their impact on market dynamics.
Regional Insights:
The regional analysis reveals that Europe dominates the HMO market, holding a revenue share of 42.15% in 2021. The Asia Pacific region is anticipated to be the fastest-growing market, with a CAGR of 14.6% during the forecast period. Factors such as rising population, disposable income, and increasing consumer awareness about health contribute to this growth.
Market Segment Analysis:
By Product:
The Lacto-N-neotetraose segment accounted for the largest market share in 2021, with the 2′-Fucosyllactose (2’FL) segment expected to exhibit the highest CAGR of 14.6% during the forecast period.
By Application:
The Infant Formulas application dominated the market in 2021, driven by the growing middle-class family unit and increased demand from working women for human milk oligosaccharides (HMOs) in infant formulas.
Covid-19 Impact:
The report assesses the impact of Covid-19 on the HMO market, discussing disruptions in food production and delivery systems and highlighting concerns in the supply chain, production, distribution, and demand for human milk oligosaccharides (HMO).
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Human Milk Oligosaccharides (HMO) Market Segmentation:
by Product
• Lacto-N-neotetraose (LNnT)
• Lacto-N-tetraose (LNT)
• 2′-Fucosyllactose (2’FL)
• 3′-Fucosyllactose (3’FL)
• 3′-Sialyllactose (3’SL)
• 6′-Sialyllactose (6’SL)
• Others
by Type
• Neutral
• Acidic
Human Milk Oligosaccharides (HMO) Market Key Players:
• Elicityl SA
• Medolac Laboratories
• Inbiose
• Glycosyn
• ZuChem
• Jennewein Biotechnologie
• Glycom
• Abbott
• BASF S.E
• Dupont De Nemours Inc
• Royal FrieslandCampina N.V
• Others
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Table of content for the Human Milk Oligosaccharides (HMO) Market includes:
Key Offerings:
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