The Future of theManaged Transportation Services Market: Growth Trends, Market Size, and Opportunities to Watch
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
Which Primary Drivers Are Supporting the Continued Market Growth of theMannan Oligosaccharide Market?
The mannan oligosaccharide market is expected to grow due to the rising intake of animal-derived nutritional products. These products, offering crucial nutrients such as proteins, vitamins, and minerals, have seen increased consumption due to their perceived nutritional worth, cultural and culinary traditions, and urbanization influencing global dietary preferences. Mannan oligosaccharides, beneficial for intestinal health, immunity, and growth performance, can potentially enhance sustainable and efficient production of such animal-based nutritional products. For instance, the Australian Bureau of Statistics reported in March 2023 that meat production escalated to 121.8 tons in 2021 and further rose to 125.6 tons in 2022. As such, the increased consumption of animal-based nutritional items is spurring the growth of the mannan oligosaccharide market. The mannan oligosaccharide market is also expected to surge due to growing demand for dietary supplements. These supplements, meant to augment the diet with nutrients that might be inadequate in food, are not meant to replace a balanced diet. An increased focus on health consciousness and prevention of disease drives the demand for these supplements that boost immunity, energy, and overall wellness. Mannan oligosaccharides play the role of prebiotics, aiding beneficial gut bacteria growth, thus enhancing digestive health, immune functions, and maintaining a balanced gut microbiome. For instance, Nutrition Integrated, a UK-based company, published a report in January 2024 stating that the variety of clear protein powder products in Europe increased by 159% since January 2022. Additionally, Amazon sales data showed a 216% rise in UK consumer purchases of clear protein powders in 2023 in contrast to 2022. Therefore, increased demand for dietary supplements is propelling the growth of the mannan oligosaccharide market.
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#What is the Projected CAGR for the Mannan Oligosaccharide Market Size from 2025 to 2034?
In recent times, the mannan oligosaccharide market has been demonstrating robust growth. The market is projected to expand from $2.02 billion in 2024 to $2.15 billion in 2025, recording a compound annual growth rate (CAGR) of 6.1%. Factors fuelling this growth during the historic period include a surge in the demand for natural feed additives, an increase in livestock production, rising worries about antibiotic resistance, enlargement of the animal feed sector, and an escalation in the occurrence of livestock diseases.
Anticipated robust expansion is on the horizon for the mannan oligosaccharide market, with predictions indicating a surge to $2.7 billion by 2029, representing a compound annual growth rate (CAGR) of 5.9%. This predicted growth during the forecast period can be ascribed to the escalating cases of chronic diseases, increased intake of nutrition derived from animal products, mounting demand for prebiotic elements and protein-based food products, and a rise in individual income. Significant trends within this forecast period encompass enhancements in organic and natural ingredients, technological progression, advancements in the sphere of processed food, bolstering of animal nutrition, and the uptake of precision livestock farming.
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Who Are the Key Market Players Influencing the Growth of the Corn and Mannan Oligosaccharide Industry?
Major companies operating in the mannan oligosaccharide market are Lesaffre International SAS, Angel Yeast Co. Ltd., Alltech Inc., Lallemand Inc., Novus International Inc., Royal Canin SAS, Pancosma SA, AB Vista Co, JH Biotech Inc., Biorigin LLC, Phileo Lesaffre Animal Care, Titan Biotech Limited, Nutritech International Ltd., Meenakshi Agro Farms, ICC Brazil Co, Hexon Laboratories Pvt. Ltd., Biofeed Technology Inc., Mitushi Pharma, Rajvi Enterprise, Vet Biochem Animal Healthcare
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Which Key Market Segments Comprise the Mannan Oligosaccharide Market and Drive Its Revenue Growth?
The mannan oligosaccharide market covered in this report is segmented –
1) By Type: Food Grade, Feed Grade, Pharma Grade
2) By Application: Dietary Supplement, Medical Application, Veterinary Food, Other Applications
3) By End Use: Pet Food Industry, Pharmaceuticals, Aquaculture, Other End Uses
Subsegments:
1) By Food Grade: Functional Food And Beverages, Nutraceuticals, Dietary Supplements
2) By Feed Grade: Livestock Feed, Poultry Feed, Aquaculture Feed, Pet Food
3) By Pharma Grade: Pharmaceutical Applications, Medical Supplements, Therapeutic Products
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Which Regions Are Emerging as Leaders in the Mannan Oligosaccharide Market?
North America was the largest region in the mannan oligosaccharide market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mannan oligosaccharide market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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