The Specialty Carbohydrates Market is expected to increase from USD 6,795 million in 2023 to USD 10,822.7 million in 2033. The market is anticipated to record a 5% CAGR from 2023 to 2033.
Nutraceuticals Generated from Probiotics and Prebiotics are Specialty Carbohydrates
They are complex compounds derived from simple sugars such as glucosamine, L-fucose, galactose, glucose, and sialic acid. Specialty carbohydrates can be used in a variety of industries, including nutraceuticals, cosmetics, and pharmaceuticals.
Natural ingredients are being used by food and beverage manufacturers to improve the nutritional value of their products. These substances play an important function in the development of human and animal health. Moreover, they serve as important supplements for weight management.
The growing popularity of fitness centers and gymnasiums among customers is predicted to increase the demand for nutritional supplements globally. This is leading to increased sales of specialized carbohydrates.
Nutraceuticals generated from probiotics and prebiotics are specialty carbohydrates. They are complex compounds that occur naturally in milk. Consumer appetite for healthier foods is driving sales of specialized carbohydrates in the food and beverage industry. Furthermore, rising demand for high-quality animal-derived products may drive sales of specialty carbohydrates over the forecast period.
Specialty carbohydrates are gaining popularity among health-conscious millennials and are being included in functional foods and beverages. The industry is gaining pace in developing countries such as India, China, and Mexico as the population adapts to gymnastics and fitness activities.
Report Attribute | Details |
---|---|
Specialty Carbohydrates Market Value (2023) | USD 6,795 million |
Specialty Carbohydrates Market Anticipated Value (2033) | USD 10,822.7 million |
Specialty Carbohydrates Market Growth Rate (2023 to 2033) | 5% |
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The specialty carbohydrates market accounted for USD 6,116.6 million in 2018 to USD 6,534.00 million in 2022. The market expanded at a 1.7% CAGR from 2018 to 2022.
The specialized carbohydrates market is driven by rising demand for nutritional supplements. This includes sports nutrition products, weight loss products, animal nutrition, and personal care products. Advanced specialized carbohydrates are essential in health management.
These are necessary for digestive system homeostasis, blood sugar regulation, and LDL (bad) cholesterol reduction. They are also effective in the treatment of malnourished people, as well as gastrointestinal disorders and cardiovascular diseases.
Functional foods and beverages comprise both new and established substances that have disease-preventive properties. With the recent shift towards preventative healthcare, food processing industries have partnered with pharmaceutical companies to research to broaden their product lines. The global pet population is predicted to raise the demand for specialized carbohydrates in animal nutrition.
Historical CAGR (2018 to 2022) | 1.7% |
---|---|
Forecast CAGR (2023 to 2033) | 5% |
As per the FMI analysts, a valuation of USD 10,822.7 million by 2033 end is estimated for the market.
Year | Valuation |
---|---|
2016 | USD 4,345.00 million |
2018 | USD 6,116.6 million |
2022 | USD 6,534.00 million |
2023 | USD 6,795 million |
2033 | USD 10,822.7 million |
Increasing health consciousness is becoming more popular globally. Thus, there is a greater emphasis on eating a balanced diet in emerging nations, which is driving sales of specialty carbs. Furthermore, rising nutraceutical spending, rising disposable income, and population expansion are driving global demand for functional foods.
Furthermore, infrastructure in the Asia Pacific region is becoming increasingly favorable to investments in nutrition-enhanced food items. According to FMI, the area be the leading market for specialized carbs over the projection period.
Dietary specialty carbohydrates have a significant potential market in developing economies. Furthermore, as lifestyles change, people are becoming more aware of the health benefits of high fiber content in food. These factors are likely to raise the demand for healthy food and beverages. This further contributes to an increase in demand for specialized carbohydrates in the coming years.
Obesity, diabetes, and cardiovascular disease are all on the rise around the world. For a cautious approach, the World Health Organization recommends that carbs comprise 50-60% of daily food intake. A glycemic index for food consumption is vital for health.
In the current market scenario, consumers anticipate food that contributes to their overall fitness. They are becoming more aware of the functions of carbohydrates in terms of digestibility, caloric value, and glycemic response. Additionally, influences the utilization of fat or glycogen storage.
Key players are concentrating on the development of functional carbohydrates that might aid in weight and energy management. Isomalt is a sugar substitute derived from pure beetroot sugar. It has a natural taste and sweetness and is non-cariogenic. Palatinose is a low-glycemic carbohydrate that gives energy in a balanced and sustained manner.
Changes in consumer food trends due to increased health concerns are predicted to boost the adoption of sugar-substitute foods. According to the study, more than 37% of consumers worldwide are looking for products with no sugar, no added sugar, or reduced sugar. Therefore, the health-conscious customer seeks ways to improve health through eating.
Consumers are looking for alternatives to white sugar in traditional sweets, beverages, and baked products. As these enhance the acceptability and demand for functional carbohydrates with sugar replacers.
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2022 Value Share in Global Market | Value CAGR |
---|---|
The United States | 23.00% |
Germany | 9.70% |
Japan | 2.10% |
Australia | 0.60% |
China | 3.80% |
India | 4.80% |
The United Kingdom | 5.50% |
Growing Preference for Functional Foods Boosts Specialty Carbohydrates Sales
According to FMI, sales in the United States account for 23.0% in 2022. The increased demand for high-nutritional-value food products is driving growth. Furthermore, the rising consumption of breakfast cereals and fortified bread in the morning is encouraging producers to include high-specialty carbs.
Increased Online Sales of Nutraceuticals Drive Demand for Specialty Carbohydrates
The Asia Pacific is predicted to make a profitable pocket during the evaluation period.Due to the abundance of raw resources for the manufacture of dietary fibers and carbs. India, China, and Australia have massive agricultural production of high fiber content plants and oilseeds. These are the key raw material for fiber and carbohydrate compounds.
As a result, the demand for specialty carbohydrates in emerging nations is predicted to climb rapidly. Contributing to the market's growth over the assessment period.
Increased Consumption of Animal-derived Products Drives Demand for Specialty Carbohydrates
With increased sales of animal-derived goods worldwide, demand for specialized carbohydrates in animal nutrition is predicted to rise rapidly. Consumers are looking for high-quality meat and dairy products to meet their nutritional demands. This drives sales of specialized carbohydrates in the animal nutrition category.
Furthermore, rising demand for high protein-containing sports nutrition products. As well as the continuous trend of adopting special diets for weight reduction and bodybuilding is likely to drive sales throughout the projection period.
Growing Global E-commerce Boosts Online Sales of Specialty Carbohydrates
Sales of specialty carbs via online sales channels are likely to stay high over the evaluation period, according to the sales channel. Factors such as product availability, ease of delivery, and safe payment methods are pushing consumers and producers to use online channels. According to FMI, this tendency is projected to continue throughout the forecast period.
The global market is moderately competitive, with tier-1 manufacturers accounting for 35% to 40% of the total market share. Some leading participants are DSM, DuPont, Roquette Freres, Cargill Incorporated, Ingredion Incorporated, Tate and Lyle Plc., SunOpta, ADM Company, and Ajinomoto Inc.
To grow their worldwide reach, players are investing in mergers, acquisitions, collaborations, and partnerships. In addition, players are taking a variety of measures, such as utilizing new technologies. To generate novel products and improve sales and distribution channels.
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Attribute | Details |
---|---|
Market Size Value in 2023 | USD 6,795 million |
Market Size Value at End of Forecast (2033) | USD 10,822.7 million |
Market Analysis | USD million for Value |
Key Region Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; The Middle East & Africa |
Key Segments | By Product Type, By Application, By Distribution Channel, By Region |
Key Companies Profiled | Cargill Incorporated; Ingredion Incorporated; Tate & Lyle Plc.; Archer Daniels Midland Company; E. I. Du Pont De Nemours and Company; Koninklijke DSM N.V.; Roquette Freres; Südzucker AG Company; SunOpta; Ajinomoto Inc.; Comet Bio; J. Rettenmaier & Söhne GmbH & Co. Kg; FMC Corporation |
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
North America, Europe, and Asia Pacific, driven by diverse applications in food, pharmaceuticals, and cosmetics.
The market is likely to record a growth of 5% from 2023 to 2033.
The market registered a valuation of USD 6,534 million in 2022.
The functional food and beverage is a leading segment in the specialty carbohydrates market.
Use of specialty carbohydrates like prebiotics and dietary fibers and the expansion of clean-label and natural ingredient options.
1. Executive Summary | Specialty carbohydrates Market 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type 5.1. Glucose 5.2. Lactose 5.3. Galactose 5.4. Glucosamine 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 6.1. Dietary supplements 6.2. Animal nutrition 6.3. Personal care 6.4. Functional foods 6.5. Functional beverages 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Distribution Channel 7.1. Convenience Stores 7.2. Specialty Stores 7.3. Online Retailers 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. North America 8.2. Latin America 8.3. Europe 8.4. Asia Pacific 8.5. MEA 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. Key Countries Market Analysis 15. Market Structure Analysis 16. Competition Analysis 16.1. Cargill Incorporated 16.2. Ingredion Incorporated 16.3. Tate & Lyle Plc. 16.4. Archer Daniels Midland Company 16.5. E. I. Du Pont De Nemours and Company 16.6. Koninklijke DSM N.V. 16.7. Roquette Freres 16.8. Südzucker AG Company 16.9. SunOpta 16.10. Ajinomoto Inc. 16.11. Comet Bio 16.12. J. Rettenmaier & Söhne GmbH & Co. Kg 16.13. FMC Corporation 17. Assumptions & Acronyms Used 18. Research Methodology
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