According to Fact.MR’s recent research report, the global market for polysaccharides and oligosaccharides is anticipated to expand at a value CAGR of 4.8% throughout the period of assessment, 2017-2026. By the end of the assessment year, 2026, above 7540 Bn tons of production of polysaccharides and oligosaccharides is estimated to be consumed across the globe.
Competition Tracking
Leading producers of polysaccharides and oligosaccharides have been profiled in this research report, that include companies like Novozyme, Takasago, Chr Hansen, Senseint, Wild Flavors, Symrise, Glanbia Ingredients, IFF, Tate & Lyle, Firemenich, McComick, ABF, DSM, Givuandan and Dupont. Details of these key players such as company overview, key financials, key personnel, expansion plans and geographical spread, product portfolio, developments and innovations and key strategies is covered in this research study.
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Asia Pacific Excluding Japan to Surpass Other Regions With Respect to Growth Rate and Market Share During the Forecast Period
Asia Pacific excluding Japan (APEJ) region is expected to be a highly lucrative region for the growth of polysaccharides and oligosaccharides market. The consumption of polysaccharides and oligosaccharides is expected to grow in this region owing to increased demand from the food sector in various applications. The polysaccharides and oligosaccharides market in APEJ is estimated to reach a valuation a little under US$ 9 Bn by the end of the year of assessment from a value of about US$ 5 Bn in 2017. The market in this region is projected to grow at the highest pace throughout the period of forecast to register a relatively high value CAGR.
Europe followed by North America are also expected to largely contribute to the growth of the global polysaccharides and oligosaccharides market. Europe is expected to be the second largest with respect to market valuation. Also the consumption of polysaccharides and oligosaccharides in this region is expected to grow at a moderate pace in the coming years.
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4 Key Insights from the Report
In the region category, Asia Pacific excluding Japan (APEJ) is expected to reflect high market attractiveness, followed by Europe and North America. The polysaccharides and oligosaccharides market in APEJ region is estimated to be the largest with a high revenue share and is poised to dominate the market across other regions during the forecast period
With respect to product type, polysaccharides segment is the largest and is valued to be around US$ 6 Bn in 2017 and is anticipated to expand to reach a high valuation by end of 2026. On the contrary, the oligosaccharides segment is projected to expand at a higher value CAGR during the assessment period
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With respect to application, polysaccharides and oligosaccharides are expected to witness increasing demand from the animal feed sector. Moreover, the infant formula segment is also projected to contribute significantly to the growth of the global market and is the second fastest growing segment. However, the beverages segment is expected to show higher market strength and valuation by the end of the year of assessment. the bakery and confectionery and savory and snacks segments are poised to grow at the same rate during the period of forecast
By source, the bacteria segment is expected to lead the global market. This segment was valued at about US$ 3 Bn in 2017 and is estimated to touch a market valuation of more than US$ 5 Bn by the end of the year of assessment (2026). Both bacteria and algae segments by source are anticipated to grow at the same value CAGRs throughout the period of assessment. The plants segment is the second largest segment with respect to value and is projected to grow at a moderate value CAGR during the forecast period
