Global Human Milk Oligosaccharides (HMOs) Market
Global Human Milk Oligosaccharides (HMOs) Market generated $125.9 million in 2020, and is expected to reach $332.6 billion by 2028, growing at a CAGR of 14.1% from 2021 to 2028.
Human Milk Oligosaccharides (HMOs) are prebiotics that help maintain gut health in humans. They help improve metabolic activity by promoting bacterial growth in the gut, particularly in the bifidobacteria genus. Human milk oligosaccharides have several primary functions, including infection prevention, supply of sialic acid for brain development, and prebiotic effects. Infant formulas made from bovine milk have a lower concentration of oligosaccharides than human milk. Several enzymes and chemicals used in the production of human milk oligosaccharides are extremely expensive and scarce.
Drivers: In addition, the increased demand for HMOs has increased the use of a variety of nutritional products as food or dietary supplements. The availability of new technologies such as enzymatic trans-glycosylation, which is used for artificially synthesising HMOs, is one of the major factors and market trends that boosts the Human Milk Oligosaccharides (HMO) market growth.
Know more about this report: request for sample pages
Restraints: The HMO market is likely to be constrained by a lack of large-scale production technology, high R&D costs, and strict government regulations.
Impact of Covid-19
In the early stages of the Covid-19 pandemic, panic buying for at-home consumption drove up demand for HMOs. HMO sales increased dramatically during the pandemic due to its immunity-boosting properties. However, supply chain disruptions resulted in a supply-demand gap. Sales decreased during the lockdown due to the closure of hypermarkets & supermarkets, departmental stores, mono-brand stores, and specialty stores; however, the gap is expected to be filled during the post-lockdown period. However, as restrictions are lifted, sales will increase during the post-lockdown period.
Segmentation By Type: Global Human Milk Oligosaccharides (HMOs) Market is classified on the basis of Type into 2’FL, 3’FL, 3’SL, and 6’SL.
Segmentation By Application: Global Human Milk Oligosaccharides (HMOs) Market is classified on the basis of Application into Infant Formula, Functional Food & Beverage, and Food Supplements.
Segmentation By Distribution Channel: Global Human Milk Oligosaccharides (HMOs) Market is classified on the basis Distribution Channel into Hypermarkets & Supermarkets, Drug Store or Pharmacy, Mass Merchandiser, Departmental Stores, Mono-brand Stores, Specialty Stores, and Online Sales Channel.
Segmentation By Region: Global Human Milk Oligosaccharides (HMOs) Market is classified on the basis Region into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Competitive Landscape: The key players in Global Human Milk Oligosaccharides (HMOs) Market are NV (Belgium), Glycom A/S (Denmark), Elicityl (France), Medolac (U.S), Zuchem (U.S), Abbott (U.S), BASF S.E (Germany), Glycosyn LLC (U.S), Dupont De Nemours Inc (U.S), Royal FrieslandCampina N.V (Netherlands), and Jennewein Biotechnologie GmbH (Germany).
Recent Developments
Market Taxonomy
By Type
By Application
By Distribution Channel
By Region
Key Questions Addressed by the Report
Global Human Milk Oligosaccharides (HMOs) Market TOC
1. Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2. Research Methodology
2.11 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3. Executive Summary
4. Global Human Milk Oligosaccharides (HMOs) Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5. Global Human Milk Oligosaccharides (HMOs) Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Human Milk Oligosaccharides (HMOs) Market Share Analysis, By Type
5.3 Global Human Milk Oligosaccharides (HMOs) Market Size and Forecast, By Type
5.3.1 2’FL
5.3.2 3’FL
5.3.3 3’SL
5.3.4 6’SL
6. Global Human Milk Oligosaccharides (HMOs) Market, By Distribution Channel
6.1 Y-o-Y Growth Comparison, By Distribution Channel
6.2 Global Human Milk Oligosaccharides (HMOs) Market Share Analysis, By Distribution Channel
6.3 Global Human Milk Oligosaccharides (HMOs) Market Size and Forecast, By Distribution Channel
6.3.1 Hypermarkets & Supermarkets
6.3.2 Drug Store or Pharmacy
6.3.3 Mass Merchandiser
6.3.4 Departmental Stores
6.3.5 Mono-brand Stores
6.3.6 Specialty Stores
6.3.7 Online Sales Channel
7. Global Human Milk Oligosaccharides (HMOs) Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
8. Global Human Milk Oligosaccharides (HMOs) Market, By Region
8.1 Global Human Milk Oligosaccharides (HMOs) Market Share Analysis, By Region
8.2 Global Human Milk Oligosaccharides (HMOs) Market Size and Forecast, By Region
8.2 Global Human Milk Oligosaccharides (HMOs) Market Size and Forecast, By Region
9. North America Human Milk Oligosaccharides (HMOs) Market Analysis and Forecast (2021-2027)
9.1 Introduction
9.2 North America Human Milk Oligosaccharides (HMOs) Market Share Analysis, By Type
9.3 North America Human Milk Oligosaccharides (HMOs) Market Size and Forecast, By Distribution Channel
9.4 North America Human Milk Oligosaccharides (HMOs) Market Size and Forecast, By Application
9.5 North America Human Milk Oligosaccharides (HMOs) Market Size and Forecast, By Country
9.5.1 US
9.5.2 Canada
9.5.3 Mexico
10. Europe Human Milk Oligosaccharides (HMOs) Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 Europe Human Milk Oligosaccharides (HMOs) Market Share Analysis, By Type
10.3 Europe Human Milk Oligosaccharides (HMOs) Market Size and Forecast, By Distribution Channel
10.4 Europe Human Milk Oligosaccharides (HMOs) Market Size and Forecast, By Application
10.5 Europe Human Milk Oligosaccharides (HMOs) Market Size and Forecast, By Country
10.5.1 UK
10.5.2 Germany
10.5.3 France
10.5.4 Rest of Europe (Russia, Spain, Finland, Denmark, Italy, Greece, and Sweden)
11. Asia Pacific Human Milk Oligosaccharides (HMOs) Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Asia Pacific Human Milk Oligosaccharides (HMOs) Market Share Analysis, By Type
11.3 Asia Pacific Human Milk Oligosaccharides (HMOs) Market Size and Forecast, By Distribution Channel
11.4 Asia Pacific Human Milk Oligosaccharides (HMOs) Market Size and Forecast, By Application
11.5 Asia Pacific Human Milk Oligosaccharides (HMOs) Market Size and Forecast, By Country
11.5.1 China
11.5.2 India
11.5.3 Japan
11.5.4 South Korea
11.2.5 Rest of Asia Pacific (Hong Kong, Australia, Singapore, New Zealand, Indonesia, Malaysia, and Taiwan)
12 Latin America Human Milk Oligosaccharides (HMOs) Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Latin America Human Milk Oligosaccharides (HMOs) Market Share Analysis, By Type
12.3 Latin America Human Milk Oligosaccharides (HMOs) Market Size and Forecast, By Distribution Channel
12.4 Latin America Human Milk Oligosaccharides (HMOs) Market Size and Forecast, By Application
12.5 Latin America Human Milk Oligosaccharides (HMOs) Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Human Milk Oligosaccharides (HMOs) Market Analysis and Forecast (2021-2027)
13.1 Introduction
13.2 Middle East Human Milk Oligosaccharides (HMOs) Market Share Analysis, By Type
12.3 Middle East Human Milk Oligosaccharides (HMOs) Market Size and Forecast, By Distribution Channel
13.4 Middle East Human Milk Oligosaccharides (HMOs) Market Size and Forecast, By Application
13.5 Middle East Human Milk Oligosaccharides (HMOs) Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14. Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15. Company Profiles
15.1 NV (Belgium)
15.1. Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Glycom A/S (Denmark)
15.2.1. Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. Elicityl (France)
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4. Medolac (U.S)
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5. Zuchem (U.S)
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6. Abbott (U.S)
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7. BASF S.E (Germany)
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies