Global Refined Functional Carbohydrates Market Status, Trends and COVID-19 Impact Report 2021, Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Refined Functional Carbohydrates market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Digital Evidence Management market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region.
The global refined functional carbohydrates market size was US$ 221.9 million in 2021. The global refined functional carbohydrates market is forecast to grow to US$ 421.9 million by 2030 by registering a compound annual growth rate (CAGR) of 7.1% during the forecast period from 2022 to 2030.
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Components made from yeast through a variety of techniques are known as refined functional carbohydrates (RFCs). Mannan oligosaccharides (MOS), galactosamine, and beta-glucans are some of the primary by-products of the enzymatic hydrolysis yield. Refined functional carbohydrates’ bioactivity is influenced by concentration as well as by their structure and size. Specific RFCs can be measured using a variety of enzymatic and chromatographic techniques.
Factors Influencing the Market
The growing production of livestock, combined with the growing demand for processed food, will primarily drive the growth of the refined functional carbohydrates market during the forecast period.
The fact that refined functional carbohydrates reduce the impact of harmful and toxic bacteria in poultry feed will drive the demand for refined functional carbohydrates in the coming years. Apart from that, the rising population and increasing problems related to animal health will also escalate the demand for refined functional carbohydrates during the analysis period.
The demand for high-quality feed additives is growing at a significant pace. The growth of this industry is also attributed to the factors like rising disposable income, the growing purchasing power of consumers, and increasing consumption of animal products, such as milk, egg, animal meat, etc. On the flip side, health concerns related to the use of refined functional carbohydrates may limit the growth of the refined functional carbohydrates market.
Regional Analysis
North America is forecast to hold the highest share in refined functional carbohydrates. It is attributed to the mounting demand for animal by-products in the region. Further, high disposable income, combined with the rising demand for processed food, will fuel the growth of this regional market. The global refined functional carbohydrates market is forecast to witness lucrative growth opportunities due to the rising awareness related to animal nutrition such as D-mannose, beta-glucan, and Mannan Oligosaccharides. In addition, growing concern about the animal’s health will be opportunistic for the refined functional carbohydrates market during the study period.
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COVID-19 Impact Analysis
The COVID-19 pandemic had a detrimental influence on refined functional carbohydrates as manufacturing units witnessed several challenges. Accompanied by that, a shortage of laborers and stringent regulations further hampered the growth of refined functional carbohydrates. The market also witnessed a sudden decline in the demand for refined functional carbohydrates. However, the demand for processed food increased during the pandemic, which boosted the growth of the refined functional carbohydrates market.
Competitors in the Market
? DuPont
? Danisco
? EW Nutrition
? VWR Corporation
? Orffa
? Lallemand
? Biofeed
? Matrix Nutrition
? STR Biotech
? Super beta-glucan
? Pet Health Solutions
? Sweet Cures
? Other Prominent Players
Market Segmentation
The global refined functional carbohydrates market segmentation focuses on Product, Application, and Region.
By Product
? Mannan Oligosaccharides
? Beta Glucan
? D- Mannose
By Application
? Cattle/Calves
? Poultry
? Swine
? Aquaculture
? Others
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By Region
�?� North America
o The U.S.
o Canada
o Mexico
�?� Europe
Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
�?� Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
�?� Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
�?� South America
o Brazil
o Argentina
o Rest of South America
What is the goal of the report?
? The market report presents the estimated size of the market at the end of the forecast period. The report also examines historical and current market sizes.
? During the forecast period, the report analyzes the growth rate, market size, and market valuation.
? The report presents current trends in the industry and the future potential of the North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa markets.
? The report offers a comprehensive view of the market based on geographic scope, market segmentation, and key player financial performance
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