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Market Overview

• Strong Growth: The mannan oligosaccharide market has experienced robust growth in recent years.
• 2023 to 2024: Market size will increase from $1.91 billion in 2023 to $2.02 billion in 2024 at a CAGR of 5.8%.
• Growth Drivers:
  • Increased demand for natural feed additives.
  • Growth in livestock production.
  • Rising concerns about antibiotic resistance.
  • Expansion of the animal feed industry.
  • Rise in livestock disease incidence.

Future Market Projections

• Continued Growth: Expected to reach $2.55 billion by 2028 at a CAGR of 6.0%.
• Key Drivers:
  • Rising prevalence of chronic diseases.
  • Increased consumption of animal-based nutritional products.
  • Growing demand for prebiotic ingredients.
  • Higher demand for protein-based food products.
  • Increasing per capita income.

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Major Trends

• Natural and Organic Ingredients: Improvements and innovations in natural and organic ingredients.
• Technological Advancements: Progress in processed food and animal nutrition.
• Precision Livestock Farming: Adoption of precision farming techniques to enhance efficiency and sustainability.

Animal-Based Nutritional Products Fuel Market Expansion

• Essential Nutrients: Animal-based nutritional products provide protein, vitamins, and minerals.
• Influences on Consumption:
  • Perceived nutritional value.
  • Cultural and culinary traditions.
  • Urbanization impacting dietary choices.
• Benefits of Mannan Oligosaccharides:
  • Promote intestinal health.
  • Strengthen the immune system.
  • Improve growth performance.
• Example: Meat production in Australia increased from 121.8 tons in 2021 to 125.6 tons in 2022, demonstrating the rising consumption of animal-based nutritional products.

Key Market Players

• Major Companies:
  • Lesaffre International SAS
  • Angel Yeast Co. Ltd.
  • Alltech Inc.
  • Lallemand Inc.
  • Novus International Inc.
  • Royal Canin SAS
  • Pancosma SA
  • Phileo Lesaffre Animal Care
  • Titan Biotech Limited
  • Nutritech International Ltd.
  • Meenakshi Agro Farms
  • ICC Brazil Co.

Non-Starch Polysaccharide Enzymes Transforming the Market

• Innovative Solutions: Companies are focusing on NSP enzyme products to enhance animal feed efficiency.
• Function of NSP Enzymes:
  • Break down complex carbohydrates like cellulose and hemicellulose.
  • Enhance the effectiveness of mannan oligosaccharides in promoting gut health and nutrient absorption.
• Example: BASF SE launched Natupulse TS in December 2021, an enzyme targeting ß-mannans in animal feed, reducing digesta viscosity, improving nutrient digestion, and promoting sustainable production.

Firmenich and DSM Merger

• Merger Details: In May 2023, Firmenich International SA merged with Koninklijke DSM N.V. to form DSM-Firmenich.
• Synergies: The merger aims to integrate strengths across flavors, fragrances, and nutritional ingredients.
• Contribution to Market: Koninklijke DSM N.V. provides mannan-oligosaccharides, further bolstering the market.

Market Segmentation

• By Type:
  • Food Grade
  • Feed Grade
  • Pharma Grade
• By Application:
  • Dietary Supplement
  • Medical Application
  • Veterinary Food
  • Other Applications
• By End Use:
  • Pet Food Industry
  • Pharmaceuticals
  • Aquaculture
  • Other End Uses

Regional Insights

• North America: The largest market region in 2023.
• Asia-Pacific: Expected to be the fastest-growing region in the forecast period.

The mannan oligosaccharide market is poised for significant growth, driven by increasing demand for natural feed additives, technological advancements, and rising consumption of animal-based nutritional products. The integration of precision livestock farming and innovative enzyme solutions will further enhance market expansion and efficiency.

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