Refined Functional Carbohydrates Market size to reach $390 Mn by 2032

Refined Functional Carbohydrates Market size is projected to surpass USD 390 million by 2032, according to a new research report by Global Market Insights Inc.
 

The report indicates that the growing emphasis on animal nutrition and the increasing need for natural growth promoters in animal feeds are among the drivers for refined functional carbohydrate demand. To cite an instance, in July 2022, NIFA invested USD 4.5 million in the Animal Nutrition, Growth, and Lactation program, with nutrient utilization and efficacy among the key priorities. These initiatives will boost the acceptance of highly refined carbs, including D-mannose and mannan oligosaccharides, as readily available sources of prebiotics to stimulate animal growth performance.
 

Rising mammary cancer burden & fish farming to fuel beta-glucan use as immunity booster medicine

The refined functional carbohydrates market share from the beta-glucan product segment is slated to depict over 5% CAGR through 2032, owing to the product’s capability to act as an immunity booster medicine. This immunomodulating agent works through the activation of innate immune cells, inhibiting metastasis and tumor growth.
 

Based on the Veterinary Society of Surgical Oncology, mammary tumors account for 42% of diagnosed tumors in female dogs. This growing mammary cancer risk will bolster the utilization of beta-glucan carbohydrates in pharmaceutical and nutraceutical products.
 

Browse key industry insights spread across 200 pages with 299 market data tables and 31 figures & charts from the report, “Refined Functional Carbohydrates Market Size By Product (Mannan Oligosaccharides {Cattle/Calves, Poultry, Swine, Aquaculture}, Beta glucan {Poultry, Swine, Aquaculture}, D-Mannose {Cattle/calves, Poultry, Swine, Aquaculture}), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2023 – 2032” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/refined-functional-carbohydrates-market
 

High cheese export & livestock production will boost RFC demand in Europe and LATAM regions

The Europe refined functional carbohydrates market is set to cross USD 110 million by 2032, attributed to the rapid growth of the regional dairy sector. As per statistics from the Italian farmers association, Coldiretti, Italian cheese exports registered over USD 1.1 billion during the first four months of 2021. Furthermore, with the mounting healthcare expenditure and the strong demand for milk and eggs, the requirement for refined functional carbohydrates in animal feeds will surge to deliver superior-quality animal products.
 

Latin America refined functional carbohydrates industry share will exhibit a 6% CAGR during the forecast timeline, on account of the high contribution of livestock to the food supply and the increasing agricultural productivity. According to the USDA’s report, in 2021, livestock and crop production represented 8% of the gross domestic product in Brazil. The country’s bovine sector has also planned to expand the cattle fleet to address the ever-increasing demand for beef.
 

Business expansion strategies to complement the global industry outlook

Some of the leading companies involved in the refined functional carbohydrates market include Orffa, Kerry Group, Matrix Nutrition, L.L.C., Kemin Industries, Inc., Sweet Cures, Super Beta Glucan, STR Biotech, Biofeed Technology Inc., Lallemand Inc., VWR Corporation, EW Nutrition, and DuPont Danisco. Advanced product launches, acquisitions, business expansions, and partnerships are among the strategies being adopted by these companies to expand their customer base and strengthen their presence in the market.