The global refined functional carbohydrates market size was valued at USD 231.47 million in 2023 and is anticipated to be valued at USD 429.14 million by 2032, at a CAGR of 7.10 between 2024 and 2032. The refined functional carbohydrates report covers forecast and analysis for the market on a global and regional level.
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Market Overview for Refined Functional Carbohydrates
Refined functional carbohydrates (RFC) are derived from yeast and are used to reduce the impact of contaminants and pathogens in poultry feed. The immune system is enhanced and additional immunity is provided to combat infections as a result of the consumption of RFCs in the animal diet. The metabolic activity of the desired microbes is also facilitated by RFCs in the animal feed.
The market, opportunities, rivalry, developing trends, and industry-validated market information are comprehensively evaluated in the research report. The study provides groundbreaking data from 2018 to 2022, as well as a forecast from 2024 to 2032, based on revenue in USD Million and volume in Kilotons.
Growth Factors in the Refined Functional Carbohydrates Market
The refined functional carbohydrate market is experiencing growth due to the growing demand for high-quality feed additives, such as RFCs, in the animal diet to improve their health. In turn, the optimization of economic profitability is facilitated by the increase in immunity and labor efficiency that results from the improvement in animal health. RFCs have been observed to significantly enhance the immune system of livestock when consumed at an early stage. D-mannose, beta-glucan, and MOS are examples of RFCs that contribute to the preservation of overall animal health, the regulation of feed efficiency, and the prevention of gut injury.
Nevertheless, there are some negative aspects to the consumption of RFCs, including the potential for allergies in companion animals, inflammation and skin irritation in certain instances, and swollen ears in animals. These factors have the potential to reduce the market demand.
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The Global Refined Functional Carbohydrates Market is segmented based on product, application and region
Global Refined Functional Carbohydrates Market: Product Segment Analysis
● MOS (mannan oligosaccharides)
● Beta-Glucan
● D-Mannose
Global Refined Functional Carbohydrates Market: Application Segment Analysis
● Cattle/Calves
● Poultry
● Swine
● Aquaculture
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The Global Refined Functional Carbohydrates market profiles key players such as:
● Sweet Cures
● Pet Health Solutions
● Super Beta Glucan
● STR Biotech
● STR Biotech
● Biofeed
● Lallemand
● Orffa
● VWR Corporation
● EW Nutrition
● DuPont Danisco
North America, which is comprised of the United States and Canada, has been granted the highest share in 2023. The regional market is experiencing growth due to the increasing demand for animal protein and a variety of feed additives, including beta-glucan, D-mannose, and MOS, in animal feed. The market growth is further fueled by the increasing production of livestock in animal feed and the growing awareness of the safe use of animal feed products among consumers.
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