Global Refined Functional Carbohydrates Market: Overview
It is estimated that the global population will touch 8.7 bn by 2030 from 7 bn in 2018, and with growing number of people arises the concerns of food inflation. While the agricultural sector is finding new ways to be prepared to meet this overwhelming expectation, the dairy industry is ahead of time and is prepared to take up the growing demand. Globally, while dairy companies are looking at closing down business, the growing potential is keeping big names excited. This defines the importance of healthy livestock to meet the higher demand, thus explaining the growth potential for global refined functional carbohydrates market.
Transparency Market Research (TMR) is coming out with a report on the global refined functional carbohydrates market that provides information on the prevailing trends, and the drivers that will open new doors in the market. Besides, it also provides insights on the winning imperatives that helped companies in the global market for refined functional carbohydrates succeed.
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Global Refined Functional Carbohydrates Market: Notable Developments
The key to success in the market for refined functional carbohydrates lies in the potential of the dairy industry. Here are some developments that might make the difference for tomorrow:
- The milk consumption per capita will increase 16% by 2030, and this means there will be need for healthier cows to sustain production levels of 307 million tonnes milk more than today. RFC (refined functional carbohydrates) manufacturers will gain from the underlying need for maintaining healthy livestock among dairy companies.
Most companies in the global refined functional carbohydrates market are investing on new R&D projects to identify products that will enable them to meet the changing demands from dairy companies. The prominent players in the market for RFCs are DuPoint Danisco, Lallemand, Orffa, VWR Corporation, Super Beta Glucan, and Pet Health Solutions.
Global Refined Functional Carbohydrates Market: Key Trends
Manufactured from yeast, refined functional carbohydrates are not found in nature. And, the concentration, size, and structure of the RFC defines its effect on the ration. So, here are a few trends that will help the global market for refined functional carbohydrates grow.
Focus on New Technology to Improve Efficacy of Products
As mentioned above, the size, structure, and concentration of RFCs has an impact on the ration, thus improving the immune system of the calves. Looking at the future opportunities, companies in the global refined functional carbohydrates market are adopting technologies that help produce products with better efficacy. This is prudent as the milk production per cow is expected to increase by 23% in the coming years. While these are predictions, it is also pertinent to note that the volumes at which the livestock will grow in some companies will initiate change.
Rising Standards of Dairy Production
RFCs prevent calves or livestock from being infected by zoonotic diseases or other microbial production. In a dairy farm with livestock in thousands, maintaining hygiene and sanitation is essential. With several studies across countries by food regulatory organizations, the number of cows dying of zoonotic diseases remains disturbing. This pegs the need for products that will maintain gut health and improve livestock’s immune system. Following the rising cases, and the impelling pressure from dairy industries to ramp up production, regulatory bodies have introduced regulations that define new standards for dairy products. This has a cascading impact on the global refined functional carbohydrates market.
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Global Refined Functional Carbohydrates Market: Regional Analysis
Globally, it is the United States, the European Union, and New Zealand that is known to be highest exporter of dairy products. And, by the end of the forecast period, it is predicted to remain the same. The strong food regulatory structure, and the established dairy industry in the US and Western Europe, will help sustain their top three positions in the global refined functional carbohydrates market. However, experts predict that it is Southeast Asia that will become important for players in the global refined functional products market as the dairy production will increase by more than 50% in this region. India, a country with 1.3 billion people will redefine the importance of products in the refined functional carbohydrates in the years to come.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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- Market segments and sub-segments
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The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
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