250 Pages Isomalto-oligosaccharide Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider
The unprecedented COVID-19 pandemic has affected the global economy to a great extent. Considering the food industry, one of the most important sectors of the economy, a tremendous impact has been witnessed on the entire process from the field to the consumer. The restrictions in the movement of workers, closure of food production facilities, and changes in consumer demand have put excessive pressure on the food industry.
The report offers actionable and valuable market insights of Isomalto-oligosaccharide. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Isomalto-oligosaccharide Market across various industries and regions.
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A recent Fact.MR report finds that isomalto-oligosaccharide (IMO) sales in 2018 were ~420 thousand tons, and are estimated to record ~6% Y-o-Y in 2019. The IMO industry is primarily influenced by the ingredient’s benefits that extent beyond gastrointestinal tract, complemented by its growing popularity as a low-calorie sweetener in protein bars. Low glycemic index and high prebiotic fiber content in IMO has meant that adoption of this plant-based ingredient continues on an upward spiral in the supplements industry, to help health-conscious consumers achieve improved nutrient absorption and fat loss.
According to the study, shares of the IMO market remains consolidated among four leading players, who hold a strong distribution and export their products to lucrative markets worldwide. These players are targeting potential consumers for boosting sales, with the US being one of the leading countries to create value. While frontrunners are focusing on collaborating with distributors and farmers for leveraging positive consumer sentiment on locally-sourced ingredients, entrepreneurs are entering into tie-ups with raw material providers.
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Isomalto-oligosaccharide market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Isomalto-oligosaccharide
This newly published and insightful report sheds light on Market Insights of Isomalto-oligosaccharide, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Isomalto-oligosaccharide Market.
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Competition Landscape
The isomalto-oligosaccharide market will continue to witness the consolidation of four leading players, namely, Shandong Bailong Group Co., Ltd., Baolingbao Biology, Co. Ltd, Anhui Elite Industrial Co., Ltd., and BioNeutra Global Corporation – collectively accounting for ~70% market share.
The sugar-, fat-, and calorie-reduction is a growing trend in the food & beverage industry, which has led manufacturers to focus more on new product developments and innovation. Leading players are consolidating their market position further through strategic acquisitions and collaborations.
For instance, in 2018, BioNeutra Global Corporation, a functional and health F&B ingredient manufacturer entered into a partnership with the nutritional division of LEHVOSS UK, Gee Lawson, to launch a novel isomalto-oligosaccharide product – VitaFiber(TM) IMO in Europe. In addition, key companies in IMO market are making significant investment in R&D activities, to improve the performance and functionality of IMO in animal feed.
The mid-level players, such as Shandong Tianjiao Biotech Co., Ltd., and Shijiazhuang Huachen Starch Sugar Production Co., Ltd., are eyeing geographical expansions to tap latent opportunities in developing markets. Growing focus of the market entrants on understanding consumer attitudes, knowledge, perceptions and behaviors, is likely to complement their permeation in the IMO market worldwide.
A recent Fact.MR report finds that isomalto-oligosaccharide (IMO) sales in 2018 were ~420 thousand tons, and are estimated to record ~6% Y-o-Y in 2019. The IMO industry is primarily influenced by the ingredient’s benefits that extent beyond gastrointestinal tract, complemented by its growing popularity as a low-calorie sweetener in protein bars. Low glycemic index and high prebiotic fiber content in IMO has meant that adoption of this plant-based ingredient continues on an upward spiral in the supplements industry, to help health-conscious consumers achieve improved nutrient absorption and fat loss.
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According to the study, shares of the IMO market remains consolidated among four leading players, who hold a strong distribution and export their products to lucrative markets worldwide. These players are targeting potential consumers for boosting sales, with the US being one of the leading countries to create value. While frontrunners are focusing on collaborating with distributors and farmers for leveraging positive consumer sentiment on locally-sourced ingredients, entrepreneurs are entering into tie-ups with raw material providers.
Stakeholders in the isomalto-oligosaccharide market are adopting innovative marketing strategies to attract a wider pool of audience. Stage-wise investment in product development and commercial campaigns for raising awareness on health benefits of IMO, by sharing successful results of clinical trials, are some of the key efforts of manufacturers that will augur well for the IMO market growth.
Opportunities Abound in Food & Beverage Industry for IMO Manufacturers
The Fact.MR study opines that rising demand for non-GMO and allergen-free prebiotics in line with an increased focus of manufacturers on improving the quality of nutritional products will drive sales of isomalto-oligosaccharide. Recent proliferation of health-conscious consumers, coupled with their changing dietary habits to limit sugar intake by using low-calorie sweeteners, holds significant potential for higher IMO sales.
According to the report, application of IMO as a prebiotic agent and sugar substitute will remain high in the food and beverage industry, with wide applications in nutritional bars, dietary supplements, bakery & confectionary and functional foods. IMO sales in the food & beverage industry is estimated at ~290 thousand tons in 2019, primarily driven by high adoption in beverages and nutrition bars. The study also indicates that growing recognition of low-fiber diet as the root cause for chronic ailments, such as obesity, diabetes mellitus, and coronary vascular diseases, will increasingly contribute to gains in the IMO market.
The study mentions that adoption of IMO isn’t limited to F&B industry, and potential opportunities exist in the pharmaceutical and animal feed sector. Growing preference for natural alternatives over conventional medicine will pave lucrative growth avenues for stakeholders that are eying stronger position in market banking on IMO syrups.
The study opines that growth of the IMO market will remain promising. However, true potential of the market has been constrained by recent revelation from the FDA that there is no evident ground for physiological health benefits from IMO consumption. Additionally, FDA has not proposed to amend the list to include IMO as dietary fiber. Although key players are focusing on reformulation of their products, it is highly likely that several small players won’t act to the cause immediately, and IMOs will remain falsely labelled as ‘fiber’ in various food products in the foreseeable future.
This Fact.MR research study provides a long-term perspective of the isomalto-oligosaccharide market for the duration, 2019 to 2029. The isomalto-oligosaccharide market is estimated to register a CAGR of ~7% through 2029.
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More Valuable Insights on Isomalto-oligosaccharide Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Isomalto-oligosaccharide, Sales and Demand of Isomalto-oligosaccharide, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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