North America Human Milk Oligosaccharides Market Size, Share & Industry Trends Analysis Report By Application, By Type (2'FL, 3'FL, 3'SL, and 6'SL), By Concentration (Neutral, and Acidic), By Country and Growth Forecast, 2023 - 2030
The North America Human Milk Oligosaccharides Market would witness market growth of 23.0% CAGR during the forecast period (2023-2030).
Human milk oligosaccharide (HMO) is a highly concentrated unconjugated glycan with a complex structure present in human milk. With negligible digestion in the gastrointestinal tract, HMOs reach the colon unaltered, where they exert their influence on the microbiota. As HMOs are beneficial for immunity, several new techniques are being developed by key players in the market, such as isolating HMO from cow milk, employing costly techniques, or utilizing microbes to produce them. market products are expensive, as a large amount of human milk is synthesized to make a small amount of HMO. As a result, techniques for synthesis and extraction are improving with continuous research and development activities.
The functional benefits of these products have created a massive demand for the biosynthetic production of HMOs for use as additives in infant formulas and other dietary products. HMO molecules can be produced chemically, through fermentation, or enzymatic synthesis. Moreover, the surge in demand for HMOs has increased the utilization of various nutritional products used as food or dietary supplements. One of the significant factors and market trends that boosts the its growth is the availability of new technologies like enzymatic trans-glycosylation, which is used for artificially synthesizing the HMOs.
According to Statistics Canada, in 2020, fortified/functional (FF) foods and beverages represented the highest sales value in the US within the health and wellness (H&W) foods and beverage sector at US$67.9 billion. The increasing emphasis on wellness and health has led consumers in the US to seek functional foods and beverages that go beyond essential nutrition. HMOs, known for their potential prebiotic and immune-modulating properties, align with these health-focused preferences. The food and beverage industry in the US is known for its innovation in product formulations. The above aspects will expand the market growth across the region in the upcoming years.
The US market dominated the North America Human Milk Oligosaccharides Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $151,168.8 Thousand by 2030. The Canada market is experiencing a CAGR of 25.7% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 24.7% during (2023 - 2030).
Based on Application, the market is segmented into Infant Formula, Functional Food & Beverages, Food Supplements, and Others (Clinical Nutrition & Pharmaceuticals). Based on Type, the market is segmented into 2'FL, 3'FL, 3'SL, and 6'SL. Based on Concentration, the market is segmented into Neutral, and Acidic. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Koninklijke DSM N.V., BASF SE, Chr. Hansen Holding A/S, DuPont de Nemours, Inc., Nestle S.A, Inbiose NV, Biosynth AG, Abbott Laboratories, Royal FrieslandCampina N.V. and Dextra Laboratories Ltd (ICE S.p.A)
Scope of the Study
Market Segments covered in the Report:
By Application
- Infant Formula
- Functional Food & Beverages
- Food Supplements
- Others (Clinical Nutrition & Pharmaceuticals)
- 2'FL
- 3'FL
- 3'SL
- 6'SL
- Neutral
- Acidic
- US
- Canada
- Mexico
- Rest of North America
- Koninklijke DSM N.V.
- BASF SE
- Chr. Hansen Holding A/S
- DuPont de Nemours, Inc.
- Nestle S.A
- Inbiose NV
- Biosynth AG
- Abbott Laboratories
- Royal FrieslandCampina N.V.
- Dextra Laboratories Ltd (ICE S.p.A)
- Exhaustive coverage
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- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Human Milk Oligosaccharides Market, by Application
- 1.4.2 North America Human Milk Oligosaccharides Market, by Type
- 1.4.3 North America Human Milk Oligosaccharides Market, by Concentration
- 1.4.4 North America Human Milk Oligosaccharides Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market At a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.2.4 Trials and Approvals
- 4.3 Top Winning Strategies
- 4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
- 4.4 Porter Five Forces Analysis
- Chapter 5. North America Human Milk Oligosaccharides Market, by Application
- 5.1 North America Infant Formula Market, by Country
- 5.2 North America Functional Food & Beverages Market, by Country
- 5.3 North America Food Supplements Market, by Country
- 5.4 North America Others (Clinical Nutrition & Pharmaceuticals) Market, by Country
- Chapter 6. North America Human Milk Oligosaccharides Market, by Type
- 6.1 North America 2'FL Market, by Country
- 6.2 North America 3'FL Market, by Country
- 6.3 North America 3'SL Market, by Country
- 6.4 North America 6'SL Market, by Country
- Chapter 7. North America Human Milk Oligosaccharides Market, by Concentration
- 7.1 North America Neutral Market, by Country
- 7.2 North America Acidic Market, by Country
- Chapter 8. North America Human Milk Oligosaccharides Market, by Country
- 8.1 US Human Milk Oligosaccharides Market
- 8.1.1 US Human Milk Oligosaccharides Market, by Application
- 8.1.2 US Human Milk Oligosaccharides Market, by Type
- 8.1.3 US Human Milk Oligosaccharides Market, by Concentration
- 8.2 Canada Human Milk Oligosaccharides Market
- 8.2.1 Canada Human Milk Oligosaccharides Market, by Application
- 8.2.2 Canada Human Milk Oligosaccharides Market, by Type
- 8.2.3 Canada Human Milk Oligosaccharides Market, by Concentration
- 8.3 Mexico Human Milk Oligosaccharides Market
- 8.3.1 Mexico Human Milk Oligosaccharides Market, by Application
- 8.3.2 Mexico Human Milk Oligosaccharides Market, by Type
- 8.3.3 Mexico Human Milk Oligosaccharides Market, by Concentration
- 8.4 Rest of North America Human Milk Oligosaccharides Market
- 8.4.1 Rest of North America Human Milk Oligosaccharides Market, by Application
- 8.4.2 Rest of North America Human Milk Oligosaccharides Market, by Type
- 8.4.3 Rest of North America Human Milk Oligosaccharides Market, by Concentration
- Chapter 9. Company Profiles
- 9.1 Inbiose NV
- 9.1.1 Company Overview
- 9.1.2 SWOT Analysis
- 9.2 Biosynth AG
- 9.2.1 Company Overview
- 9.2.2 SWOT Analysis
- 9.3 Dextra Laboratories Ltd (ICE S.p.A)
- 9.3.1 Company Overview
- 9.4 Koninklijke DSM N.V.
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expense
- 9.4.5 Recent strategies and developments:
- 9.4.5.1 Trials and Approvals:
- 9.4.5.2 Acquisition and Mergers:
- 9.4.6 SWOT Analysis
- 9.5 BASF SE
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expense
- 9.5.5 Recent strategies and developments:
- 9.5.5.1 Partnerships, Collaborations, and Agreements:
- 9.5.5.2 Product Launches and Product Expansions:
- 9.5.1 SWOT Analysis
- 9.6 Chr. Hansen Holding A/S
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segment & Regional Analysis
- 9.6.4 Research & Development Expense
- 9.6.5 Recent strategies and developments:
- 9.6.5.1 Trials and Approvals:
- 9.6.5.2 Acquisition and Mergers:
- 9.7 DuPont de Nemours, Inc.
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research & Development Expense
- 9.7.5 Recent strategies and developments:
- 9.7.5.1 Partnerships, Collaborations, and Agreements:
- 9.7.6 SWOT Analysis
- 9.8 Nestle S.A
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 Research & Development Expenses
- 9.8.5 Recent strategies and developments:
- 9.8.5.1 Product Launches and Product Expansions:
- 9.8.6 SWOT Analysis
- 9.9 Abbott Laboratories
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Segmental and Regional Analysis
- 9.9.4 Research & Development Expense
- 9.9.5 Recent strategies and developments:
- 9.9.5.1 Product Launches and Product Expansions:
- 9.9.6 SWOT Analysis
- 9.10. Royal FrieslandCampina N.V.
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental and Regional Analysis
- 9.10.4 Research & Development Expenses
- 9.10.5 Recent strategies and developments:
- 9.10.5.1 Partnerships, Collaborations, and Agreements:
- 9.10.5.2 Trials and Approvals:
- 9.10.6 SWOT Analysis
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