According to Future Market Insights (FMI), the refined functional carbohydrates market may register growth with the overall valuation forecast to surpass US$ 232.54 million in 2023. The overall worth of the market may increase at a CAGR of 5.7% between 2023 and 2033. By 2033, the market is estimated at US$ 404.81 million.
The demand for refined functional carbohydrates as well as other ingredients is rising steadily due to an increase in the consumption of functional foods. A significant part of livestock production is gut health. Therefore refined functional carbohydrates are frequently added to animal feeds to improve gut health and increase immunity.
Highly refined carbs are also an important source of energy and functional ingredients. For instance, in the poultry sector, refined functional carbs are used to develop feed formulations that improve the efficiency of feed utilization, resulting in reduced feed costs and improved animal performance.
There are several factors contributing to the growth of the refined functional carbohydrates market. It includes the expansion of the animal feed industry and the growing demand for food products with high nutritional content. Moreover, the growing disposable income of people around the world.
Animal and poultry feed containing refined functional carbohydrates help reduce the effects of toxins and pathogens. Refined functional carbohydrates are derived from yeast, which improves the immunity of animals.
When an animal has a healthy immunity system, the body has the opportunity to fight infection effectively. Consuming refined functional carbohydrates can help the body fight a wide range of illnesses. The enzymes used in the manufacturing process extract refined functional carbohydrates from yeast cells.
As disposable incomes rise and the health benefits of refined functional carbohydrates become more apparent. An important determinant of the refined functional carbohydrates market growth is the increase in research and development expenditures for agro genomics. Genomics in agriculture accelerates the process of developing crops and improves productivity. Agriculture genomics also ameliorates livestock production and sustainability in crops.
Refined functional carbohydrates are increasingly used in animal nutrition worldwide to promote natural growth. RFCs not only improve gut health and enhance immune function but also provide a defense mechanism against bacteria. With an increasing livestock population and increasing demand for animal by-products, the refined functional carbohydrates market value is expected to increase.
Indirectly, the growth rate of refined functional carbohydrates may be influenced by improvements in dairy production standards and quality. However, the refined functional carbohydrate market is expected to be challenged by side effects or potential risks in pets and livestock. Increasing allergies, inflammation, and swollen ears in animals may further derail this market's growth.
As a result of the high consumption of refined functional carbohydrates, obesity can occur, affecting the market for refined functional carbohydrates. The growth rate of refined functional carbohydrates can also be hindered by an increase in pathogens found in poultry feed.
| Attributes | Details |
|---|---|
| Refined Functional Carbohydrates Market Value (2023) | US$ 232.54 million |
| Refined Functional Carbohydrates Market Expected Value (2033) | US$ 404.81 million |
| Refined Functional Carbohydrates Market Projected CAGR (2023 to 2033) | 5.7% |
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Future Market Insights projects the market to remain lucrative, exhibiting growth at 5.7% CAGR between 2023 and 2033 in comparison to the CAGR of 4.9% posted between 2017 and 2022.
In the coming years, the global refined functional carbohydrates market is expected to grow due to several factors. This includes growing consumer awareness about the health benefits of functional food and feed ingredients, as well as technological advancements in production. In addition to high production costs and limited raw material availability, the market is also expected to face some challenges. The pandemic has also had a significant impact on the market, disrupting supply chains and affecting food and feed demand.
| Historical CAGR | 4.9% |
|---|---|
| Historical Market Value (2022) | US$ 220 million |
| Forecast CAGR | 5.7% |
The use of refined functional carbohydrates prevents animals from contracting zoonotic diseases or other microbial production. Keeping dairy farms clean and sanitary is essential if there are thousands of animals on a dairy farm.
Several studies by food regulatory organizations have shown that cows die from zoonotic diseases in different countries. This points toward the need for products that maintain gut health and improve livestock's immune systems.
Regulations have been developed that define new standards for dairy products. This includes the increasing cases and the impetus from the dairy industry to ramp up production. This further creates cascading effects on the global refined functional carbohydrates market.
Principal Consultant
In the refined functional carbohydrates market, the mannan oligosaccharides product segment is forecast to thrive at a 6.8% CAGR through 2033. This prebiotic may promote the industry's development due to its ability to boost immunity, combat mycotoxins, and bind harmful bacteria.
There has been an increase in prebiotic use in the nutritional industry over the last few years to enhance gut health. Increased livestock farming may increase animal feed consumption, increasing the refined functional carbohydrates market demand. For instance, prebiotic feed additives, such as fructooligosaccharides, are increasingly used in animal feed to improve feed intake, nutrient digestibility, and livestock gut health.
According to FMI, the United States is the prominent country in North America with a market share of 89.9% in 2023. This is also expected to witness lucrative growth during the forecast period.
During the forecast period, the United States is expected to continue its dominant position in the refined functional carbohydrates market. The growing demand for animal protein in the United States has made the country one of the leading contributors to the North America region.
The United States may be able to sustain its top three positions due to the strong food regulatory structure and the established dairy industry.
According to FMI, South Korea accounts for 65.0% of the market share in the Asia Pacific in 2023. Whereas, Japan is anticipated to witness a significant growth rate during the forecast period.
Cattle producers in Korea are hoping to take advantage of rising meat prices and growing domestic beef demand by increasing slaughter rates through 2023. It has also emerged as a natural alternative to antibiotics and a cost-effective feed ingredient. Such trends may increase the adoption of antibiotic growth promoter substitutes and fuel the production of refined functional carbohydrates.
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Research and development projects are being undertaken by most companies in the global market of refined functional carbohydrates. In order to identify products that may meet the changing needs of dairy producers.
The start-up ecosystem for refined functional carbohydrates has several companies and initiatives. Among these companies is Anpario, based in the United Kingdom, which produces refined functional carbohydrates for animal and aquaculture feed. Apario products are marketed under the brand names Orego-Stim and Mastercube. These products are utilized to improve animal performance and promote gut health.
Another company actively involved in the refined functional carbohydrates space is Adisseo. It is a global leader in animal nutrition. Adisseo has developed proprietary refined functional carbohydrates technology called Alterion. It is designed to support gut health and improve animal performance.
Some key players supplying refined functional carbohydrates are
Recent Development
The top companies operating in the global market are focusing on offering products with various claims to satisfy emerging consumer demand. The global market is also witnessing an increase in product launches with refined functional carbohydrates as an ingredient.
For instance
| Attribute | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 201 to 2022 |
| Market Analysis | US$ billion for Value and MT for Volume |
| Key Regions Covered | North America; Latin America; Europe; The Middle East and Africa; East Asia |
| Key Countries Covered | United States, Canada, Brazil, Mexico, Chile, Peru, Germany, United Kingdom, Spain, Italy, France, Russia, Poland, China, India, Japan, Australia, New Zealand, GCC Countries, North Africa, South Africa, and Türkiye |
| Key Segments Covered | Product, Application, Region |
| Key Companies Profiled | DuPoint Danisco; Lallemand; Orffa; VWR Corporation; Super Beta Glucan; Pet Health Solutions |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The market is valued at US$ 232.54 million in 2023.
The growth potential of the market is 5.7% CAGR through 2033.
Demand for functional carbohydrates in animal diet is catalyzing the market growth.
High focus on gut health has a major impact on product sales.
The leading market competitors are DuPoint Danisco, Lallemand, and Orffa.
1. Executive Summary | Refined Functional Carbohydrates Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Tons) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Product, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Product, 2023 to 2033
5.3.1. Mannan Oligosaccharides
5.3.2. Beta Glucan
5.3.3. D-Mannose
5.4. Y-o-Y Growth Trend Analysis By Product, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Product, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Application, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Application, 2023 to 2033
6.3.1. Cattle/Calves
6.3.2. Poultry
6.3.3. Swine
6.3.4. Aquaculture
6.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Region, 2018 to 2022
7.3. Current Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Region, 2023 to 2033
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. MEA
7.4. Market Attractiveness Analysis By Region
8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
8.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
8.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
8.2.1. By Country
8.2.1.1. USA
8.2.1.2. Canada
8.2.2. By Product
8.2.3. By Application
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Product
8.3.3. By Application
8.4. Key Takeaways
9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Rest of Latin America
9.2.2. By Product
9.2.3. By Application
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Product
9.3.3. By Application
9.4. Key Takeaways
10. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. United kingdom
10.2.1.3. France
10.2.1.4. Spain
10.2.1.5. Italy
10.2.1.6. Rest of Europe
10.2.2. By Product
10.2.3. By Application
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Product
10.3.3. By Application
10.4. Key Takeaways
11. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. China
11.2.1.2. Japan
11.2.1.3. South Korea
11.2.1.4. Singapore
11.2.1.5. Thailand
11.2.1.6. Indonesia
11.2.1.7. Australia
11.2.1.8. New Zealand
11.2.1.9. Rest of Asia Pacific
11.2.2. By Product
11.2.3. By Application
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Product
11.3.3. By Application
11.4. Key Takeaways
12. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. GCC Countries
12.2.1.2. South Africa
12.2.1.3. Israel
12.2.1.4. Rest of MEA
12.2.2. By Product
12.2.3. By Application
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Product
12.3.3. By Application
12.4. Key Takeaways
13. Key Countries Market Analysis
13.1. USA
13.1.1. Pricing Analysis
13.1.2. Market Share Analysis, 2022
13.1.2.1. By Product
13.1.2.2. By Application
13.2. Canada
13.2.1. Pricing Analysis
13.2.2. Market Share Analysis, 2022
13.2.2.1. By Product
13.2.2.2. By Application
13.3. Brazil
13.3.1. Pricing Analysis
13.3.2. Market Share Analysis, 2022
13.3.2.1. By Product
13.3.2.2. By Application
13.4. Mexico
13.4.1. Pricing Analysis
13.4.2. Market Share Analysis, 2022
13.4.2.1. By Product
13.4.2.2. By Application
13.5. Germany
13.5.1. Pricing Analysis
13.5.2. Market Share Analysis, 2022
13.5.2.1. By Product
13.5.2.2. By Application
13.6. United kingdom
13.6.1. Pricing Analysis
13.6.2. Market Share Analysis, 2022
13.6.2.1. By Product
13.6.2.2. By Application
13.7. France
13.7.1. Pricing Analysis
13.7.2. Market Share Analysis, 2022
13.7.2.1. By Product
13.7.2.2. By Application
13.8. Spain
13.8.1. Pricing Analysis
13.8.2. Market Share Analysis, 2022
13.8.2.1. By Product
13.8.2.2. By Application
13.9. Italy
13.9.1. Pricing Analysis
13.9.2. Market Share Analysis, 2022
13.9.2.1. By Product
13.9.2.2. By Application
13.10. China
13.10.1. Pricing Analysis
13.10.2. Market Share Analysis, 2022
13.10.2.1. By Product
13.10.2.2. By Application
13.11. Japan
13.11.1. Pricing Analysis
13.11.2. Market Share Analysis, 2022
13.11.2.1. By Product
13.11.2.2. By Application
13.12. South Korea
13.12.1. Pricing Analysis
13.12.2. Market Share Analysis, 2022
13.12.2.1. By Product
13.12.2.2. By Application
13.13. Singapore
13.13.1. Pricing Analysis
13.13.2. Market Share Analysis, 2022
13.13.2.1. By Product
13.13.2.2. By Application
13.14. Thailand
13.14.1. Pricing Analysis
13.14.2. Market Share Analysis, 2022
13.14.2.1. By Product
13.14.2.2. By Application
13.15. Indonesia
13.15.1. Pricing Analysis
13.15.2. Market Share Analysis, 2022
13.15.2.1. By Product
13.15.2.2. By Application
13.16. Australia
13.16.1. Pricing Analysis
13.16.2. Market Share Analysis, 2022
13.16.2.1. By Product
13.16.2.2. By Application
13.17. New Zealand
13.17.1. Pricing Analysis
13.17.2. Market Share Analysis, 2022
13.17.2.1. By Product
13.17.2.2. By Application
13.18. GCC Countries
13.18.1. Pricing Analysis
13.18.2. Market Share Analysis, 2022
13.18.2.1. By Product
13.18.2.2. By Application
13.19. South Africa
13.19.1. Pricing Analysis
13.19.2. Market Share Analysis, 2022
13.19.2.1. By Product
13.19.2.2. By Application
13.20. Israel
13.20.1. Pricing Analysis
13.20.2. Market Share Analysis, 2022
13.20.2.1. By Product
13.20.2.2. By Application
14. Market Structure Analysis
14.1. Competition Dashboard
14.2. Competition Benchmarking
14.3. Market Share Analysis of Top Players
14.3.1. By Regional
14.3.2. By Product
14.3.3. By Application
15. Competition Analysis
15.1. Competition Deep Dive
15.1.1. DuPont Danisco
15.1.1.1. Overview
15.1.1.2. Product Portfolio
15.1.1.3. Profitability by Market Segments
15.1.1.4. Sales Footprint
15.1.1.5. Strategy Overview
15.1.1.5.1. Marketing Strategy
15.1.1.5.2. Product Strategy
15.1.1.5.3. Channel Strategy
15.1.2. EW Nutrition
15.1.2.1. Overview
15.1.2.2. Product Portfolio
15.1.2.3. Profitability by Market Segments
15.1.2.4. Sales Footprint
15.1.2.5. Strategy Overview
15.1.2.5.1. Marketing Strategy
15.1.2.5.2. Product Strategy
15.1.2.5.3. Channel Strategy
15.1.3. VWR Corporation
15.1.3.1. Overview
15.1.3.2. Product Portfolio
15.1.3.3. Profitability by Market Segments
15.1.3.4. Sales Footprint
15.1.3.5. Strategy Overview
15.1.3.5.1. Marketing Strategy
15.1.3.5.2. Product Strategy
15.1.3.5.3. Channel Strategy
15.1.4. Orffa
15.1.4.1. Overview
15.1.4.2. Product Portfolio
15.1.4.3. Profitability by Market Segments
15.1.4.4. Sales Footprint
15.1.4.5. Strategy Overview
15.1.4.5.1. Marketing Strategy
15.1.4.5.2. Product Strategy
15.1.4.5.3. Channel Strategy
15.1.5. Lallemand Inc.
15.1.5.1. Overview
15.1.5.2. Product Portfolio
15.1.5.3. Profitability by Market Segments
15.1.5.4. Sales Footprint
15.1.5.5. Strategy Overview
15.1.5.5.1. Marketing Strategy
15.1.5.5.2. Product Strategy
15.1.5.5.3. Channel Strategy
15.1.6. Biofeed Technology Inc.
15.1.6.1. Overview
15.1.6.2. Product Portfolio
15.1.6.3. Profitability by Market Segments
15.1.6.4. Sales Footprint
15.1.6.5. Strategy Overview
15.1.6.5.1. Marketing Strategy
15.1.6.5.2. Product Strategy
15.1.6.5.3. Channel Strategy
15.1.7. Matrix Nutrition, L.L.C.
15.1.7.1. Overview
15.1.7.2. Product Portfolio
15.1.7.3. Profitability by Market Segments
15.1.7.4. Sales Footprint
15.1.7.5. Strategy Overview
15.1.7.5.1. Marketing Strategy
15.1.7.5.2. Product Strategy
15.1.7.5.3. Channel Strategy
15.1.8. STR Biotech.
15.1.8.1. Overview
15.1.8.2. Product Portfolio
15.1.8.3. Profitability by Market Segments
15.1.8.4. Sales Footprint
15.1.8.5. Strategy Overview
15.1.8.5.1. Marketing Strategy
15.1.8.5.2. Product Strategy
15.1.8.5.3. Channel Strategy
15.1.9. Super Beta Glucan
15.1.9.1. Overview
15.1.9.2. Product Portfolio
15.1.9.3. Profitability by Market Segments
15.1.9.4. Sales Footprint
15.1.9.5. Strategy Overview
15.1.9.5.1. Marketing Strategy
15.1.9.5.2. Product Strategy
15.1.9.5.3. Channel Strategy
15.1.10. Kerry Group
15.1.10.1. Overview
15.1.10.2. Product Portfolio
15.1.10.3. Profitability by Market Segments
15.1.10.4. Sales Footprint
15.1.10.5. Strategy Overview
15.1.10.5.1. Marketing Strategy
15.1.10.5.2. Product Strategy
15.1.10.5.3. Channel Strategy
15.1.11. Kemin Industries, Inc.
15.1.11.1. Overview
15.1.11.2. Product Portfolio
15.1.11.3. Profitability by Market Segments
15.1.11.4. Sales Footprint
15.1.11.5. Strategy Overview
15.1.11.5.1. Marketing Strategy
15.1.11.5.2. Product Strategy
15.1.11.5.3. Channel Strategy
16. Assumptions & Acronyms Used
17. Research Methodology
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Refined Functional Carbohydrates Market
