Refined Functional Carbohydrates Market: Overview
The global refined functional carbohydrates market is anticipated to grow at a significant pace during the forecast period, thanks to the rising consumer awareness regarding animal health.
Refined functional carbohydrates are extensively used in animal feed industry on account of their properties such as easy to digest and convenient to store. In addition to this, they offer sufficient amount of antioxidants and nutritional supplements to animal nutrition needs.
Transparency Market Research has announced to add a report on the global refined functional carbohydrates market in its ever growing repository. The report is expected to offer an in depth analysis of the industry with all important segments. Along with this, the report will help users with all the vital data that will help indicating growth and latest trend in the refined functional carbohydrates market during the forecast period.
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Refined Functional Carbohydrates Market: Notable Developments
Some of the recent development in the refined functional carbohydrates market are-
A 2015 Biomin mycotoxin survey analyzed 1,586 samples from the Americas and reported that 72% of all samples tested in North America contained at least one mycotoxin and 25% contained more than one mycotoxin. Presence of mycotoxins in feed leads to gut damage, immune suppression, and secondary infections, and sometimes feed refusal resulting in morbidity and mortality losses.
Beta 1,3-1,6 glucan, a type of RFC present in CELMANAX, has been reported to bind mycotoxins and reduce mycotoxic damage. However, they found that RFC has several desirable propertied that could help improve health of the animals. This is a prominent factor expected to drive the global refines functional carbohydrates market in the coming few years.
Global refined functional carbohydrates market share is competitive among various market participants such as DuPont Danisco, Orffa, Lallemand, VWR Corporation, Super Beta Glucan and Pet Health Solutions. Major manufacturers are focused on improving strategic partnerships & collaborations and developing new product line to enhance their product portfolio and attract new customers.
Refined Functional Carbohydrates Market: Key Trends
Rising livestock production along with growing preference for processed food shall drive the refined functional carbohydrates market growth. These products offer high resistance against infectious fungus, yeast & bacteria and enhance the overall performance of animals. Increasing consumer awareness towards the superior capabilities of natural growth additives in animal feed is likely to fuel the refined functional carbohydrates market growth.
These products are significantly utilized in animal feed industry pertaining to their capability to boost immune system and provide quality end use products. Also, they tend to improve the reproductive health of birds & animals and reduce the need for therapeutic drugs which in turn enhances the quality of animal meat produced for human consumption.
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Rising disposable income has enhanced the purchasing power of consumers and shifted consumer inclination towards animal by products. Products such as eggs, milk and animal meat are extensively served in the food & beverage industry which is the key driver of the market. Increasing government initiatives to support animal health along with growing consumer inclination towards dairy & animal products is likely to accelerate the product demand.
Refined Functional Carbohydrates Market: Regional Outlook
On the basis of region, Asia Pacific is expected to rise at a significant pace in the coming few years. These products are capable of providing nutrient rich feeds for pigs, fish, chicken and domestic pets. Growing livestock production and increasing consumer awareness towards the use of safe animal by products is likely to boost the refined functional carbohydrates market growth in the region.
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