by Lactulose is a synthetic disaccharide used commonly used to treat constipation and hepatic encephalopathy. It works by drawing water into the intestines through osmosis which softens and bulk up stool. As a non-absorbable sugar supplements, it passes through the small intestine undigested and into the colon where its fermentation by colonic bacteria produces acids that decrease intestinal pH. This hostile colonic environment prevents the growth and reproduction of ammonia-producing bacteria in the large intestine, reducing toxic levels of ammonia in the bloodstream. The global Lactulose market is estimated to be valued at US$ 175.29 Mn in 2023 and is expected to exhibit a CAGR of 3.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
Prebiotics are non-digestible fibers that help promote the growth of beneficial bacteria in the gut. Research shows lactulose is a prebiotic since it reaches the colon undigested where it serves as food for beneficial gut bacteria. The growth of these good bacteria is associated with several health benefits such as boosting immunity, improving gut and brain health, and reducing inflammation. With growing awareness about gut health, demand for prebiotics supplements containing lactulose is on the rise which is expected to drive growth of the lactulose market over the forecast period.
Porter’s Analysis
Threat of new entrants: The threat of new entrants is low as this is an established market requiring significant capital investments and technical know-how.
Bargaining power of buyers: The bargaining power of buyers is moderate due to the availability of substitutes. However, lactulose offers unique health benefits.
Bargaining power of suppliers: The bargaining power of suppliers is moderate as raw material suppliers exist for lactulose production.
Threat of new substitutes: The threat of new substitutes is moderate as other prebiotics offer competition. However, lactulose remains the gold standard.
Competitive rivalry: Competition is high among the major players to dominate market share.
Key Takeaways
The Global Lactulose Market Demand is expected to witness high growth over the forecast period due to increasing health awareness. North America dominates the market currently due to high consumer awareness and healthcare expenditures. The Asia Pacific region is expected to grow at the fastest pace during the forecast period owing to rising disposable incomes, healthcare developments and growing Chinese demand.
Regional analysis: Europe is another major region for lactulose owing to supportive regulatory environment and focus on preventive healthcare. New product launches containing lactulose and strategic expansions by key players are driving European market growth.
Key players: Key players operating in the lactulose market are Abbott, Morinaga Milk Industry CO., LTD., RELAX EXCELLENCE IN LACTULOSE, FRESENIUS KABI, BIOFAC A/S and Lactose India Limited. The major players are focusing on new product development strategies using novel delivery solutions to gain higher market shares.
Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
