July 3, 2024
Isomalto-Oligosaccharide Market

Isomalto-oligosaccharide Market Estimated to Witness Rapid Growth Owing to Rising Use in Prebiotic Supplements

The isomalto-oligosaccharide market has witnessed significant growth in the past few years owing to its various health benefits. Isomalto-oligosaccharide is a prebiotic dietary fiber derived from starch. It serves as nutrient food for probiotic bacteria in the intestine and promotes healthy gut microflora. It is commonly used as functional ingredients in dietary supplements, infant nutrition, sports nutrition, and various other food and beverage applications. Isomalto-oligosaccharide aids in boosting immunity, treating constipation, and maintain gastrointestinal health. Rising health awareness among consumers regarding importance of gut health has been a key driver behind increasing demand for prebiotic supplements containing isomalto-oligosaccharide.

The Global isomalto-oligosaccharide market is estimated to be valued at US$ 135.9 Mn in 2024 and is expected to exhibit a CAGR of 7.4% over the forecast period 2024 to 2031.

Key Takeaways

Key players operating in the Isomalto-Oligosaccharide Market Growth are Xi’an Healthful Biotechnology Co.,Ltd, Merck KGaA, Shandong Bailong Group Co. Ltd., Nutra Food Ingredients, Mitushi Biopharma, Shandong Tianjiao Biotech Co. Ltd., Shijiazhuang Huachen Starch Sugar Production Co. Ltd., Anhui Elite Industrial Co. Ltd., Rajvi Enterprise, BioNeutra Global Corporation, and Orison Chemicals.

The key opportunities in the market include expanding applications in dietary supplements, infant formula, and clinical nutrition. Rising consumer health-consciousness is supporting growth of isomalto-oligosaccharide as a naturally sourced prebiotic functional ingredient.

Globally, Asia Pacific is the largest and fasted growing market for isomalto-oligosaccharide due to increasing health supplement spending in China, Japan and India. North America and Europe are also major consumers, whereas, countries like Brazil and South Africa are expected to offer high growth prospects over the forecast period. Key manufacturers are focusing on these emerging economies through partnerships with regional players.

Market Drivers

Growing use of prebiotic supplements is one of the major drivers of isomalto-oligosaccharide market. Regular intake of prebiotics enhances growth of beneficial bacteria and maintains gut health. With increasing prevalence of gastrointestinal diseases, obesity and diabetes, demand for prebiotic ingredients like isomalto-oligosaccharide is growing significantly. Rising health-conscious consumer base is another factor boosting market revenue growth. Clean label and natural source of isomalto-oligosaccharide is further attracting several end-use industries to include it as a key functional ingredient.

PEST Analysis

Political: The demand for functional food and beverages containing isomalto-oligosaccharide is increasing globally. Supportive regulations by different governments for manufacturing and marketing prebiotic ingredients in food and beverage products will positively influence the market growth.

Economic: Rising disposable income and growing health awareness among consumers are key factors propelling the demand for functional food and drinks. Increasing R&D investments by manufacturers for developing innovative applications of isomalto-oligosaccharide will further boost the market revenues.

Social: Growing inclination of people towards healthy diets and nutritional supplements rich in prebiotics will stimulate the sales of isomalto-oligosaccharide. Additionally, increasing instances of chronic diseases due to unhealthy lifestyles will augment the demand.

Technological: Advanced technologies aid manufacturers in producing high-quality isomalto-oligosaccharide through efficient fermentation processes. Extensive research for developing novel applications in clinical nutrition and pharmaceuticals will also support the market expansion over the forecast period.

The Asia Pacific region represents the largest market for isomalto-oligosaccharide in terms of value owing to the largest consumer base and rapidly growing food & beverage industry in countries like China, India, Japan, and South Korea. North America is currently the second largest regional market and is expected to maintain steady growth due to high health awareness and rising cases of digestive disorders in the US and Canada. Europe holds significant revenue share due to increased demand for functional foods in countries like Germany, France, UK and Italy. Improving economic stability in Latin American countries coupled with robust growth of personal care and pharmaceutical sectors in Brazil and Mexico will drive the market in the region over the coming years.

The isomalto-oligosaccharide market in the Middle East & Africa is projected to witness the highest growth during the forecast period, attributed to rising living standards, growing health expenditure and rapid urbanization in GCC countries and South Africa. Furthermore, increasing acceptance of probiotic dietary supplements among consumers will significantly contribute to the regional market expansion between 2024 and 2031.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it