COVID-19 Impact on Global Arabinogalactan Market
- On January 30, 2020, the International Health Regulations Emergency Committee of the World Health Organization (WHO) declared the Coronavirus disease (COVID-19) outbreak a public health emergency of international concern. Originating in China, the virus has spread to at least 214 countries and territories around the world.
- Several governments and private sector businesses are operating at a limited capacity or have ceased operations completely due to recent events surrounding the COVID-19 pandemic
- The outbreak of the COVID-19 pandemic has led to disturbance in the supply chain due to the global lockdown in several countries. Moreover, the spread of coronavirus led to a decline in demand for chemical intermediates due to uncertainty in the global economy and capital markets.
- Therefore, several major chemicals-producing & consuming countries observed significant variation in demand for arabinogalactan from application industries, such as food & dietary supplement, and pharmaceutical, due to the pandemic
Key Drivers and Restraints of Arabinogalactan Market
- Demand for arabinogalactan is expected to increase significantly during the forecast period due to a rise in the demand for supplements among children and adults
- Arabinogalactan has been widely used for various purposes including complexation with drug molecules to enhance their bioavailability and arabinogalactan from larch trees possesses immunomodulatory properties, which increases the resistance to the common cold and related flu diseases. Therefore, robust demand from the pharma sector is also driving the market.
- Rise in demand for health and dietary supplements is likely to offer considerable opportunities for the growth of prebiotics, which are increasingly being used as an ingredient to formulate gut health, bone health, immunity boosting, and weight management dietary supplements
- However, the high cost of arabinogalactan in comparison to its substitutes, such as guar gum and gum arabic, is projected to hamper the global arabinogalactan market
Arabinogalactan Market: Type Segment
- Based on type, the arabinogalactan market can be divided into western larch source and Mongolian larch source
- The western larch source segment dominated the arabinogalactan market. In western larch, the highest concentration of arabinogalactan is present in the lower portion of the tree; concentration increases from the center of the tree to the sapwood. The presence of large arabinogalactan is driving its demand.
Arabinogalactan Market: Application Segment
- In terms of application, the arabinogalactan market can be divided into application food & dietary supplement, pharmaceutical, and others
- The food & dietary supplement segment dominated the arabinogalactan market
- Arabinogalactan is a naturally occurring water-soluble polymer that functions as prebiotic fiber and immune enhancer. It also helps retain moisture, improve shelf stability, and enhances mouthfeel. Arabinogalactan is widely utilized in majority of ready applications such as refrigerated & non-refrigerated beverages and beverage mixes due to its low-viscosity profile and emulsification enhancing characteristic.
North America to hold a leading share of global arabinogalactan market
- In terms of region, the global arabinogalactan market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
- North America is expected to hold a major share of the global arabinogalactan market, followed by Asia Pacific and Europe, during the forecast period
- The arabinogalactan market in North America is primarily driven by increased consumption of dietary supplements and nutrition-rich food products as a result of increased health consciousness among consumers in the region
- More specifically, demand for arabinogalactan powder is significantly high in the U.S. Larch is a tree that abundantly grows in North America. Limited availability of source material is also one of the reasons major manufacturers of arabinogalactan are based in North America.
- Increased disposable income is estimated to propel the demand for health supplements from developed countries as well
Key Manufacturers Operating in Global Arabinogalactan Market
The arabinogalactan market was consolidated in 2020. Major players have prominent presence in developed and developing countries. Key manufacturers operating in the arabinogalactan market include:
- VetriScience Laboratories
- Pure Encapsulations LLC
- Jilin Forest Industry Co., Ltd.
- Thorne Research Inc.
- Vital Pharmaceuticals, Inc.
- Lonza
- Swanson Health Products, Inc.
- Ametis JSC
Arabinogalactan Market: Research Scope
Arabinogalactan Market, by Type
- Western Larch Source
- Mongolian Larch Source
Arabinogalactan Market, by Application
- Food & Dietary Supplement
- Pharmaceutical
- Other
Global Arabinogalactan Market, by Region
- North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia & CIS
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- ASEAN
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Arabinogalactan Market: Introduction
- Arabinogalactan is a biopolymer; a type of carbohydrate consisting of two monosaccharides- arabinose and galactose. It exhibits starch-like properties in terms of its texture and textural behavior.
- Arabinogalactan is a rich source of fiber that helps in the functioning of the immune system and improves the growth of healthy bacteria in the digestive system
- Arabinogalactan is vegan and gluten-free, thus highly preferred by vegan consumers. It is utilized as an alternative to the guar gum, gum arabic, and starch in pharmaceutical and food products.
- Arabinogalactan is extensively utilized in food products that are directed toward a population that prefers gluten-free, vegan, and starch-free products
