June 13, 2024
Isomalto-Oligosaccharide Market

The Global Isomalto-oligosaccharide Market is trending with Prebiotic Functional Food Demand

The global isomalto-oligosaccharide market is gaining significant traction with the growing demand for prebiotic functional foods. Isomalto-oligosaccharide or IMO is a carbohydrate that acts as a prebiotic. It is derived from starch through enzymatic conversion and contains 3-10 units of glucose linked by α-1,6-glycosidic bonds. IMO helps selective stimulation of beneficial gut bacteria, enhances calcium absorption, alleviates constipation, and promotes digestive health. The growing health-conscious population is increasing the demand for functional food products fortified with prebiotic IMO.

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 Demand 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. These players are engaged in expanding their production capacities and global footprints to meet the rising demand.

The growing demand for prebiotic functional food and beverages fortified with IMO is a major factor driving the market growth. IMO helps boost the growth of beneficial gut bacteria, improves digestive health, and offers various other health benefits. The increasing health consciousness among people is propelling the demand for prebiotic-rich foods.

Geographically, the Asia Pacific region is expected to witness the fastest growth in the isomalto-oligosaccharide market during the forecast period. This can be attributed to the rising disposable incomes, growing health awareness, and increasing intake of dietary supplements in developing countries such as China and India. Manufacturers are expanding their production facilities in Asia to leverage the growth opportunities in the region.

Market Key Trends

Rising popularity of clean label and organic food products is another key trend observed in the isomalto-oligosaccharide market. Clean label refers to food products containing simple ingredients that people can recognize. With increasing health awareness, consumers are preferring food products made from natural ingredients and without artificial components. IMO helps manufacturers develop clean label prebiotic products. It is a natural carbohydrate obtained through enzymatic processes and does not involve chemicals. Hence, products containing IMO appeal to health-conscious buyers.

Porter’s Analysis

Threat of new entrants: Low capital requirement for manufacturing plant setup makes threat of new entrants moderate.

Bargaining power of buyers: Growing awareness among consumers regarding health benefits increases bargaining power of buyers.

Bargaining power of suppliers: Few raw material suppliers with established supply networks maintain their bargaining power.

Threat of new substitutes: Rising demand for low-calorie sweeteners boosts threat from potential substitutes like Stevia and monk fruit extracts.

Competitive rivalry: Strong focus on innovation, diverse product offerings and global expansion increase competition among existing players.

Geographical regions: North America accounts for the largest share in isomalto-oligosaccharide market in terms of value due to rising health consciousness.

Asia Pacific represents the fastest growing region for isomalto-oligosaccharide market owing to increasing health issues and growing disposable incomes in countries like China and India.

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