Functional Carbohydrates Market is expected to see growth rate of 6.1% by 2026

Functional Carbohydrates Market by Type (Isomalt, Palatinose, Cyclodextrin, Curdlan, and Others), Application (Food & Beverages, Cosmetics & Personal Care, Pharmaceuticals/Nutraceuticals, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026.” According to the report, the global functional carbohydrates market garnered $3.51 billion in 2018 and is expected to reach $5.31 billion by 2026, growing at a CAGR of 6.1% from 2019 to 2026.

Isomalt segment to maintain its lead status in terms of revenue by 2026

Based on type, the isomalt segment held the largest share in the global functional carbohydrates market in 2018, contributing more than one-fourth of the total market share, and is estimated to maintain its lead status throughout the forecast period. This is due to wide application as bulking agent, glazing agent & anticaking agent, and sweetener in food & beverages. On the other hand, the cyclodextrin segment is expected to grow at the highest CAGR of 6.1% from 2019 to 2026, owing to wide applications in pharmaceutical and food industries along with usage as critical ingredient in cosmetics as anti-aging product.

Download Sample Copy Of Report@ https://www.alliedmarketresearch.com/request-sample/5496

Increase in awareness regarding functionalities of carbohydrates among consumers, rise in usage in the cosmetic industry, and widespread industrial applications drive the growth of the global functional carbohydrates market. However, surge in final prices of functional food & beverages and availability of substitutes hinder the market growth. On the other hand, rise of the pharmaceutical industry worldwide and growing innovation for formulating products create opportunities in the industry.

Food & beverage segment to contribute its lion’s share during the forecast period

Based on application, the food & beverage segment contributed nearly half of the total share of the global functional carbohydrates market in 2018, and is projected to contribute its lion’s share during the forecast period. This is due to rise in usage of isomalt, cyclodextrin, and palatinose in wide applications in the food & beverages industry as sweetener, gel agent, stabilizer, emulsifier, and others. Contrarily, the cosmetics & personal care segment would register the largest CAGR of 5.7% from 2019 to 2026, owing to increase in demand for usage as a solubilizing agent, covering unpleasant odor, prevention of skin irritation, and protection against heat, light and oxidation.

Top Key Players: Beneo GmbH, Wacker Chemie AG, Cargill, Incorporated, Evonik Industries AG, Roquette Frères, Sanxinyuan Food Industry Corporation Limited, Haihang Industry Co., Ltd., Fraken Biochem Co. Ltd., Zibo Qianhui Biological Technology Co., Ltd., and Foodchem International Corporation

To Speak with Our Research Experts: https://www.alliedmarketresearch.com/purchase-enquiry/5496

Europe to maintain the highest market share by 2026, North America to follow

Europe held the major market share in the global functional carbohydrates market in 2018, accounting for more than one-third of the total market share, and is estimated to maintain the highest market share during the forecast period. This is due to increase in several health concerns such as diabetes and heart attacks and preference for healthy lifestyle. North America would contribute the second-highest market share by 2026 in the global functional carbohydrates market. On the other hand, LAMEA is expected to portray the highest CAGR of 6.4% from 2019 to 2026, owing to high demand for personal care products & cosmetics in the region.

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com 
Web: https://www.alliedmarketresearch.com

This content has been distributed via WiredRelease press release distribution service. For press release service enquiry, please reach us at contact@wiredrelease.com.