The global xylooligosaccharide market is expected to grow at a CAGR of 7% and reach a value of US$ 144.5 million by 2033. In 2023, the market is estimated to generate US$74 million in sales. Because of customer desire for natural components in animal feed.
The xylooligosaccharide market is quickly rising as its use as a healthy dietary ingredient develops. Consumer awareness of its health benefits, like as better gut health and immunity, is expected to drive up demand even further. The market is likely to increase significantly in the next years as research advances and applications diversify.
Drivers Impacting the Market Demand
Animal-derived goods are in high demand in the hospitality industry. Therefore the rising consumption of animal-based food products predicts that the key participants are likely to score a new goal in the sector.
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Downsides for the Market
Numerous regulatory bodies have put stringent limitations on the production and marketing of xylooligosaccharides. These limits hinder market expansion by making compliance more difficult for businesses. The lack of consumer knowledge regarding the benefits of xylooligosaccharides is presently limiting global consumption. This increases investor anxiety in the market.
Profitable Market Opportunity
Strong prebiotics research and development initiatives are generating new product development, which is expanding the market in various countries. In addition, advantageous regulatory conditions in many regions stimulate corporate investment in the field. It generates a plethora of tempting possibilities for the market’s major participants.
Key Takeaways
- By 2033, the xylooligosaccharide market in the United Kingdom is likely to expand, with a CAGR of 8%.
- In 2022, the United States dominated the xylooligosaccharide sector, with a share of 34%, and is expected to lead during the forecast period.
- The xylooligosaccharide market was significantly expanding, with a size of US$ 71.2 million in 2022.
- By 2033, the xylooligosaccharide industry in China is likely to expand, with a CAGR of 8.9%.
- In 2022, Australia expanded steadily in the xylooligosaccharide business, with a share of 1.2%.
- The market is anticipated to expand at a valuation of US$ 90.50 million by 2028, owing to the surging awareness in animal husbandry about feed quality.
- By 2033, India is projected to expand significantly in the xylooligosaccharide sector, with a share of 10.8%.
- In 2022, Japan grew steadily in the xylooligosaccharide market, with a share of 1.5%.
- Based on form, the dry xylooligosaccharide dominated the market with a share of 69% in 2022.
- Based on product type, the livestock segment led the market with a share of 38% in 2022.
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Effective Techniques by Key Players
The focus of key companies is on executing a range of inorganic growth strategies to strengthen their position in the global xylooligosaccharides market. Since it helps to promote animal gastrointestinal health. The growing need for nutrient-rich feeds for livestock creates opportunities for xylooligosaccharide producers.
Recent Developments
- January 2021: A novel prebiotic ingredient called CARE4U XOS. A xylooligosaccharide made from sustainably harvested birchwood has been introduced by DuPont Nutrition & Biosciences.
- July 2021: The xylooligosaccharide component Mobilee from the Spanish biotech business Bioiberica has been given the green light by the European Commission. As it can be used in food and dietary supplement products.
- November 2020: The Japanese business Matsutani Chemical Industrial Co., Ltd. declared that it has created a brand-new technique for creating high-purity xylooligosaccharides. It was created using an enzyme from a mushroom.
- In 2021: a new xylooligosaccharide product called ‘Xylo-oligosaccharide-95’ with a purity of 95% was introduced by the Anhui Elite Industrial Co.LTD.
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