Human Milk Oligosaccharides (HMO) Market Analysis And Segment Forecasts To 2024
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Human Milk Oligosaccharides (HMO) Market Analysis And Segment Forecasts To 2024 The global human milk oligosaccharides market is expected to reach USD 170.4 million by 2024, according to a new report by Grand View Research, Inc. Increasing application scope in functional beverages and infant formula is expected to have a positive impact on growth. Lack of protective enzymes in general infant formula and in breastfed milk, leading to high infant mortality rate, is likely to augment human milk oligosaccharides market growth. In 1990, the mortality rate of infants was 63 deaths per 1,000 live births, and in 2015, the rate declined to only 32 deaths per 1,000 live births. Browse the report: http://www.orbisresearch.com/reports/index/human-milk-oligosaccharideshmo-market-analysis-by-application-infant-formula-functional-food-and-beverages-foodsupplements-and-segment-forecasts-to-2024 Growth of functional food & beverage industry in China, Brazil, India, Poland, South Korea, and Mexico is also likely to propel growth over the forecast period. Rising disposable income and increasing concerns of middle class population towards health issues in emerging economies such as India and China are also expected to be key factors contributing to market growth for dietary supplements over the next six years.
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Human Milk Oligosaccharides (HMO) Market Analysis And Segment Forecasts To 2024 Europe was the largest market for human milk oligosaccharides in 2015 on account of increasing utilization of LNnT & 2’FL in infant formulations. In addition, rising demand for functional food products including milk formula, energy drinks, and yogurt in Europe is likely to fuel demand for human milk oligosaccharides in the region. Request a sample of the report: http://www.orbisresearch.com/contacts/request-sample/111322 The global human milk oligosaccharides market is consolidated on account of presence of limited number of players occupying major share. Many manufacturers are involved in extensive R&D for development of low cost technologies for production of HMO in large scale. 2’FL, 3’FL, 3’SL, and 6’SL are some of the majorly produced HMOs.
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