Functional oligosaccharides are prebiotic functional food ingredient which is creating a buzz in the prebiotic market. Functional oligosaccharides are extracted from biomass sources by enzymatic hydrolysis or enzymatic transfer reaction. Europe market has traditionally been a good base for functional oligosaccharides manufacturers. Consumers in the Europe market have a better awareness of the pros and cons of functional oligosaccharides than most other regions in the world. This is one of the major factors affecting functional oligosaccharides sales in the Europe market, currently. In 2006, Council and Parliament of the European Commission passed a regulation on nutrition and health claims concerning ‘low fat’, ‘high fiber’ and ‘reduced cholesterol’ marketing strategies. This regulation was put forth in order to ensure that any health claims with regards to food labelling and marketing within the European Union should be clear, accurate and based on evidence supported by the scientific community. These steps have ensured regularization in the functional oligosaccharides marketing procedure in Europe and increased awareness about functional oligosaccharides in the region, making the European consumers the most well-informed group of buyers and are the foremost consumers of functional oligosaccharides around the world. Thereby, developing an understanding of the functional ecology of the human gut could induce new targets for functional oligosaccharides intervention.
Increasing Concerns Related to Gut Health in Europe
A growing number of people do not enjoy good gut health, as indicated by high prevalence of functional gastrointestinal (GI) diseases in the Europe region. Changing lifestyle in developed economies has resulted in changes in food habits. Based on all these factors, people in Europe have become more concerned regarding their gut health and in order to improve gut health, it has been witnessed that the consumption of functional oligosaccharides has grown across the Europe region. Yogurts fortified with functional oligosaccharides are among the most widely consumed products with digestive health claims in this region.
Global Functional Oligosaccharides: Market Segmentation
On the basis of type, the global functional oligosaccharides market has been segmented as –
On the basis of end use, the global functional oligosaccharides market has been segmented as –
- Dairy Products
- Breakfast Cereal & Cereal Bars
- Functional Food & Beverage
- Dietary Supplement
- Animal Nutrition
- Pet Food
- Infant Formula
- Clinical Nutrition
- Meat Products
On the basis of Source, the global functional oligosaccharides market has been segmented as –
Global Functional Oligosaccharides Market: Key Players
Some of the key players operating in the global functional oligosaccharides market are Dextra Laboratories, zuChem, Norben Company Inc., Tokyo Chemical Industry Co., Ltd., Ingredion Incorporated ,Koninklijke FrieslandCampina N.V., Kerry Group plc, BENEO GmbH, Cosucra Groupe Warcoing SA, Roquette Frères S.A., Sensus America, Inc., Fonterra Co-operative Group Limited and Cargill, Incorporated among others. Over the forecast period, it is expected that the demand from the food industry for functional oligosaccharides will grow significantly, owing to functional properties.
Opportunities for Market Participants
Demand for functional oligosaccharides induced food products is increasing owing to rising awareness among consumers related to consumption of such products as it offers associated health benefits such as lowering of cholesterol levels and better immunity. This rising demand has prompted manufacturers to offer ingredients such as functional oligosaccharides, which are beneficial for healthy gut and proper immune system for application in functional foods. Manufacturers could focus on increasing their production capacities in order to enhance production of functional oligosaccharides, which can be potentially used as an ingredient in functional food and beverages. Moreover, antibiotics consumption has witnessed a significant rise in BRICS countries in the last decade. Functional oligosaccharides manufacturers could focus on developing products to reduce the effects of excessive antibiotic consumption to increase sales. Functional oligosaccharides have functional properties such as prebiotics for maintain healthy gut microbiota in infants. Hence, manufacturers are focused on offerings products using functional oligosaccharides for infant health and this is expected to support the overall growth of the market. This is a major trend crafting high probable opportunities for players offering products containing functional oligosaccharides.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.
TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.
Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:
Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.
Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.
Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.