Isomalto-oligosaccharide Market Anticipated to Witness High Growth Owing to Wide Application in Food & Beverages Industry
Isomalto-oligosaccharide Market |
The isomalto-oligosaccharide market has been gaining
significant traction over the past few years owing to its wide application in
food and beverages industry. Isomalto-oligosaccharides are low-calorie
sweeteners extracted from starch through enzymatic conversion. They have
negligible impact on blood glucose level and aid in digestion. Their usage
helps improve texture, stability and shelf-life of food products. They are used
as prebiotics and fiber supplements in dietary foods, bakery products, cereals,
confectioneries, dairy alternatives and sports nutrition products.
The global isomalto-oligosaccharide market is
estimated to be valued at US$ 135.9 Mn
in 2024 and is expected to exhibit a CAGR
of 7.4% over the forecast period of
2024 to 2031.
Key Takeaways
Key players operating in the Isomalto-Oligosaccharide
Market Demand are Xi'an Healthful Biotechnology Co.,Ltd , Merck KGaA,
Shandong Bailong Group Co. Ltd., Nutra Food Ingredients, Mitushi Biopharma,
Shandong Tianjiao Biotech Co. Ltd., Shijiazhuang Huachen Starch Sugar
Production Co. Ltd., Anhui Elite Industrial Co. Ltd., Rajvi Enterprise,
BioNeutra Global Corporation, and Orison Chemicals. These players are focusing
on new product launches, geographical expansion and mergers & acquisitions
to gain competitive edge in the market.
The global market for isomalto-oligosaccharides offers several lucrative growth
opportunities such as its use as prebiotic supplement for gut health, digestive
health and weight management. Rising health awareness among consumers is
propelling demand for prebiotic-enriched functional foods and supplements.
Major players are expanding their production facilities globally especially in
Asia Pacific and North America owing to high growth prospects. Regional players
are entering into strategic partnerships for technology development and
distribution to strengthen their presence.
Market drivers and restrain
The key driver for isomalto-oligosaccharide market is growing health
consciousness among consumers and increasing preference for low calorie,
sugar-free and healthy foods. Rising obesity and lifestyle diseases has spurred
demand for prebiotic enriched functional foods and supplements.
Another driver is flexibility in food applications. IOs can be easily added to
wide range of foods without affecting texture, taste or appearance. They aid in
moisture retention, crystallization prevention and enhance sensory qualities of
finished food products.
However, availability of alternative low calorie sweeteners such as stevia,
tagatose and xylitol can restrain market growth. These sweeteners are extensively
used in food and beverage industry. Additionally, high costs of production
compared to other sugar alcohols pose challenges. Strict regulatory norms
pertaining to usage levels can hamper market expansion to some extent.
Segment Analysis
The isomalto-oligosaccharide market is segmented into three main
sub-segments: powder, liquid, and syrup. The powder segment dominates the
market and accounts for around 60% of the total market share. This is because
powder form of isomalto-oligosaccharide is highly stable and convenient for use
across various end-use industries like food & beverage, pharmaceuticals,
health & personal care products etc. The powder form can be easily
dissolved or mixed with other ingredients during manufacturing processes.
Global Analysis
Regionally, the Asia Pacific region is expected to witness the fastest
growth in the isomalto-oligosaccharide market during the forecast period. This
is attributed to increasing health consciousness among consumers and rising
disposable incomes in emerging countries like China and India. The region is
dominated by China as it is the largest producer and consumer of
isomalto-oligosaccharide globally. Other high growth markets include Japan and
South Korea where isomalto-oligosaccharide finds extensive application in
functional food, dietary supplements and infant formula. Meanwhile, North
America and Europe are established markets and are expected to grow at a steady
pace supported by growing demand for prebiotic ingredients from food processing
industry in countries like the US, Germany, UK and France.
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