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Human Milk Oligosaccharides (HMOs) Market Size, Share, Forecast, & Trends Analysis by Type (2'FL, 3'FL, 3'SL, 6'SL, LNT, LNnT), Concentration (Neutral, Acidic), Application (Infant Formula, Dietary Supplements, Food & Beverages)—Global Forecast to 2031
Report ID: MRFB - 1041382 Pages: 220 Oct-2024 Formats*: PDF Category: Food and Beverages Delivery: 24 to 72 Hours Download Free Sample ReportThe growth of this market is driven by the rising demand for infant nutrition and dietary supplements, increasing awareness regarding the benefits of HMOs, and increased product innovation by various human milk oligosaccharides (HMOs) manufacturers. Moreover, increasing technological advancements and government approvals for the use of HMOs for human consumption are expected to generate growth opportunities.
The demand for infant nutrition is increasing, driven by its associated benefits and the growing availability of diverse products in the market. With the global population projected to rise by nearly 2 billion, from 8 billion in 2022 to 9.7 billion by 2050, the expanding infant population is expected to further boost the demand for infant nutrition.
However, the increase in dual-income households, coupled with a growing population of working mothers, has heightened the reliance on convenient, ready-to-use infant nutrition products. Additionally, there is a rising awareness among parents regarding their children’s nutritional needs for cognitive and physical development. As a result, many parents are choosing products that meet these nutritional requirements, often opting for organic and allergen-free options. These trends are significantly driving the growth of the HMO market.
In recent years, the demand for infant nutrition has surged significantly, with HMOs gaining traction due to their various health benefits for infants. Parents are increasingly aware of the importance of incorporating HMOs into their baby's daily nutrition. Furthermore, due to their substantial health advantages, many consumers are opting for dietary supplements that contain HMOs.
HMOs play a crucial role in infants' health by enhancing immune function through the promotion of beneficial gut bacteria and acting as decoys for pathogens, thereby lowering the risk of infections. Additionally, HMOs contribute to cognitive development by supporting brain growth during early life stages. They also improve gastrointestinal health by fostering beneficial bacteria in the gut microbiome, which is essential for overall health and well-being. These factors have led to increased utilization of HMOs in various supplements, and the growing awareness of their benefits is further supporting market growth.
The HMO market is experiencing significant technological advancements that enhance the efficiency, scalability, and diversity of HMO synthesis. Advances in enzyme engineering have enabled more controlled and efficient synthesis through transglycosylation techniques. Additionally, chemoenzymatic synthesis combines chemical methods with enzymatic reactions, providing greater flexibility and efficiency in HMO production. Furthermore, innovative research is exploring the use of transgenic plants as platforms for HMO production, allowing for the engineering of plants to produce complex HMOs at a lower cost compared to microbial systems. As a result, these technological advancements are expected to present substantial growth opportunities for players in the Human Milk Oligosaccharides (HMOs) market in the coming years.
Based on type, the human milk oligosaccharides (HMOs) market is segmented into 2’FL, 3’FL, 3’SL, 6’SL, LNT, LNnT, and DFL. In 2024, the 2’FL segment is expected to account for the largest share of the human milk oligosaccharides (HMOs) market. The substantial market share of this segment is primarily driven by its high product availability since its approval in 2016, a growing preference for HMOs due to their numerous health benefits and diverse applications, an increasing demand for infant formulas containing HMOs, and the rising incorporation of 2'FL into these infant formula products.
In 2024, North America is estimated to account for the largest share of the global Human Milk Oligosaccharides (HMOs) market. North America’s significant share of the human milk oligosaccharides (HMOs) market can be primarily attributed to heightened awareness of the health benefits of HMOs, increasing consumer preference for HMO-based products, a growing trend toward personalized nutrition with a focus on gut health, technological advancements in the region, and strong government support for regulatory frameworks and policies.
However, the Asia-Pacific region is slated to register the highest CAGR during the forecast period. This growth is driven by increasing preferences for infant nutrition, a rising infant population in the region, higher spending on health-related products, and expanding product offerings from key market players.
The report includes a competitive landscape based on an extensive assessment of the key strategic developments that led market participants to adopt over the past three years (2021-2024).
The key players profiled in the global human milk oligosaccharides (HMOs) market report are Chr. Hansen A/S (A part of Novonesis) (Denmark), DSM-Firmenich AG (Switzerland), Kyowa Hakko Europe GmbH (Germany), Royal FrieslandCampina N.V. (Netherlands), ZuChem Inc. (U.S.), ELICITYL S.A. (France), Dextra Laboratories Limited (U.K.), Glycosyn LLC (U.S.), Nestle Health Science (U.S.), Biosynth Ltd (U.K.), Inbiose NV (Belgium), BASF SE (Germany), and Abbott Laboratories (U.S.), among others.
In January 2024, Royal FrieslandCampina N.V. (Netherlands) got approval for its 2’-Fucosyllactose (2’-FL) ingredient, Aequival, in Thailand to use in infant formula.
In January 2024, DSM-Firmenich AG (Switzerland) received approval for four more human milk oligosaccharide (HMO) ingredients by Food Standards Australia New Zealand (FSANZ) to use in infant formula.
Particulars |
Details |
Number of Pages |
220 |
Format |
|
Forecast Period |
2024–2031 |
Base Year |
2024 |
CAGR |
21.2% |
Market Size |
USD 1.71 Billion by 2031 |
Segments Covered |
By Type
By Concentration
By Application
|
Countries Covered |
North America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, Netherlands, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Malaysia, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentina, and Rest of Latin America), and the Middle East & Africa (Saudi Arabia, UAE, South Africa, and Rest of Middle East & Africa) |
Key Companies |
Chr. Hansen A/S (A part of Novonesis) (Denmark), DSM-Firmenich AG (Switzerland), Kyowa Hakko Europe GmbH (Germany), Royal FrieslandCampina N.V. (Netherlands), ZuChem Inc. (U.S.), ELICITYL S.A. (France), Dextra Laboratories Limited (U.K.), Glycosyn LLC (U.S.), Nestle Health Science (U.S.), Biosynth Ltd (U.K.), Inbiose NV (Belgium), BASF SE (Germany), and Abbott Laboratories (U.S.) |
The global human milk oligosaccharides (HMOs) market size was valued at $0.35 billion in 2023.
The market is projected to grow from $0.45 billion in 2024 to $1.71 billion by 2031.
The Human Milk Oligosaccharides (HMOs) market analysis indicates significant growth, reaching $1.71 billion by 2031 at a compound annual growth rate (CAGR) of 21.2% from 2024 to 2031.
The key companies operating in this market include Chr. Hansen A/S (A part of Novonesis) (Denmark), DSM-Firmenich AG (Switzerland), Kyowa Hakko Europe GmbH (Germany), Royal FrieslandCampina N.V. (Netherlands), ZuChem Inc. (U.S.), ELICITYL S.A. (France), Dextra Laboratories Limited (U.K.), Glycosyn LLC (U.S.), Nestle Health Science (U.S.), Biosynth Ltd (U.K.), Inbiose NV (Belgium), BASF SE (Germany), and Abbott Laboratories (U.S.), among others.
A prominent market trend in human milk oligosaccharides (HMOs) is the rising adoption of clean-label products.
By type, the 2’FL segment is forecasted to hold the largest market share.
By Concentration, the neutral segment is expected to dominate the market.
By application, the infant formula segment is poised to record the dominant position in the market.
By region, North America will hold the largest human milk oligosaccharides (HMOs) market share in 2024. However, the Asia-Pacific region is expected to witness the fastest growth, driven by growing preferences for baby nutrition, an increase in the region's newborn population, rising spending on health-related items, and expanded product offerings by several important players.
The primary drivers of human milk oligosaccharides (HMOs) market growth include the rising demand for infant nutrition, rising demand for dietary supplements, increasing awareness regarding the benefits of HMO, and increase in product innovation by various human milk oligosaccharides (HMOs) manufacturers.
The global human milk oligosaccharides (HMOs) market size was valued at $0.35 billion in 2023.
The market is projected to grow from $0.45 billion in 2024 to $1.71 billion by 2031.
The Human Milk Oligosaccharides (HMOs) market analysis indicates significant growth, reaching $1.71 billion by 2031 at a compound annual growth rate (CAGR) of 21.2% from 2024 to 2031.
The key companies operating in this market include Chr. Hansen A/S (A part of Novonesis) (Denmark), DSM-Firmenich AG (Switzerland), Kyowa Hakko Europe GmbH (Germany), Royal FrieslandCampina N.V. (Netherlands), ZuChem Inc. (U.S.), ELICITYL S.A. (France), Dextra Laboratories Limited (U.K.), Glycosyn LLC (U.S.), Nestle Health Science (U.S.), Biosynth Ltd (U.K.), Inbiose NV (Belgium), BASF SE (Germany), and Abbott Laboratories (U.S.), among others.
A prominent market trend in human milk oligosaccharides (HMOs) is the rising adoption of clean-label products.
By type, the 2’FL segment is forecasted to hold the largest market share.
By Concentration, the neutral segment is expected to dominate the market.
By application, the infant formula segment is poised to record the dominant position in the market.
By region, North America will hold the largest human milk oligosaccharides (HMOs) market share in 2024. However, the Asia-Pacific region is expected to witness the fastest growth, driven by growing preferences for baby nutrition, an increase in the region's newborn population, rising spending on health-related items, and expanded product offerings by several important players.
The primary drivers of human milk oligosaccharides (HMOs) market growth include the rising demand for infant nutrition, rising demand for dietary supplements, increasing awareness regarding the benefits of HMO, and increase in product innovation by various human milk oligosaccharides (HMOs) manufacturers.
Published Date: Oct-2024
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