Human Milk Oligosaccharides (HMO) Market ByType (2’FL, 3’FL, 3’SL, 6’SL), By Application (Infant Formula, Functional Food & Beverage, Food Supplements), By Distribution Channel (Hypermarkets, Pharmacy, Mass Merchandiser, Departmental Stores, Mono-brand Stores, Specialty Stores, Online Sales Channel) and Region - Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional Footprints by MarketDigits - Forecast 2024-2032

Industry : FMCG | Pages : 191 Pages | Published On : Apr 2024

         
     
The Human Milk Oligosaccharides (HMO) Market is Valued USD 0.26 billion in 2024 and projected to reach USD 1.64 billion by 2032, growing at a CAGR of 22.7% During the Forecast period of 2024-2032.

Human Milk Oligosaccharides (HMO) Market Size


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             2020                         2024-2032      

ReportDetails
Market Size ValueUSD 0.26 billion in 2024
Market Size ValueUSD 1.64 billion by 2032
CAGR22.7%
Forecast Period2024-2032
Base Year 2023
Historic Data2020
Segments Coveredxxxx
Geographics CoveredNorth America, Latin America, Europe, Asia-Pacific, Middle East & Africa

Major Players In Human Milk Oligosaccharides (HMO) Market Include: ROYAL DSM, Biosynth Carbosynth, Dextra Laboratories Ltd, Elicityl S.A., Inbiose NV, Glycosyn, Chr. Hansen Holding A/S, Nestle Health Science, Medolac Laboratories, DuPont Nutrition & Biosciences, BASF SE, Abbott Laboratories, Royal Friesland Campina N.V, and Others.

Market Overview

The Global Human Milk Oligosaccharides (HMO) Market plays a crucial role in the nutrition and well-being of infants. HMOs are complex carbohydrates found in human breast milk, and they provide various health benefits to new-born. These bioactive compounds serve as prebiotics, nourishing beneficial gut bacteria and promoting a healthy microbiome in infants. HMOs are also known for their ability to block the adhesion of pathogens to the intestinal lining, helping protect infants from infections and illnesses. The increased awareness of the importance of early nutrition and breastfeeding is driving the demand for HMOs in infant formula and other nutritional products. As a result, the global HMO market contributes to better infant health and nutrition outcomes, benefiting both the industry and the well-being of the youngest members of our society.

Furthermore, the global HMO market has the potential to significantly impact the infant formula and nutrition industries. As breast milk remains the gold standard for infant nutrition, infant formula manufacturers are increasingly incorporating HMOs into their products to mimic the natural benefits of breast milk. This innovation allows parents who cannot or choose not to breastfeed to provide their infants with a more comprehensive and nature-inspired nutrition source. The market also creates opportunities for the dairy industry, as some HMOs can be sourced from cow's milk. In essence, the Global HMO Market is transforming the landscape of infant nutrition, contributing to healthier beginnings for countless infants while fostering growth and innovation in the industry.

Growing Emphasis on Infant Health and Nutrition

One of the primary drivers of the global human milk oligosaccharides (HMO) Market is the increasing emphasis on infant health and nutrition. HMOs are naturally occurring complex carbohydrates found in human breast milk. They play a pivotal role in infant health, acting as prebiotics and promoting the development of a healthy gut microbiome. As the awareness of the importance of early nutrition for infants grows, so does the demand for infant formulas and nutritional products that mimic the nutritional benefits of breast milk, particularly in regions where breastfeeding rates may be lower. Infant nutrition is a critical factor in a child's growth and development, and HMOs contribute significantly to these efforts.

HMOs offer various health benefits, including the development of a strong immune system and protection against infections. This has fueled the integration of HMOs into infant formula and other nutritional products, as parents and caregivers seek to provide the best possible nutrition for infants. The rising demand for infant formula with added HMOs is driving the growth of this market globally.

Market Dynamics

Drivers:

  • Growing Emphasis on Infant Nutrition
  • Increased Consumer Awareness of Health Benefits
  • Expanding Application in Functional Foods
  • Advancements in Biotechnology and Production Methods

Opportunities:

  • Rising Demand for Clean Label and Natural Ingredients
  • Expansion into Emerging Markets
  • Collaborations and Partnerships in the Industry
  • Innovative Product Development and Customization

Increasing Investment in Research and Development

Another major driver is the increasing investment in research and development (R&D) related to HMOs. The scientific community's understanding of the health benefits and nutritional value of HMOs is expanding. Researchers are exploring new ways to isolate, synthesize, and mass-produce HMOs to meet the growing demand for these compounds. This investment in R&D is essential for developing cost-effective methods for producing HMOs at scale, which is particularly important given the increasing global demand for these compounds in infant formula and nutritional products.

Furthermore, ongoing research is uncovering new potential applications for HMOs beyond infant nutrition. HMOs are being explored for their health benefits in areas such as adult gut health, immune support, and potentially as a functional ingredient in various food and beverage products. As R&D efforts progress, new applications and markets for HMOs may emerge, further driving the growth of the Global HMO Market.

The Market for Human Milk Oligosaccharides (HMO) is Dominated by North America.

The North American region, particularly the United States, dominates the Global HMO Market. The United States is home to several key players in the infant formula and nutrition industry, and it has a well-established market for HMO-enhanced products. The robust healthcare infrastructure, high healthcare spending, and a strong focus on infant health and nutrition contribute to the region's dominance in the HMO market. In the Asia-Pacific region, China is emerging as a significant player in the HMO market. The large population, growing middle class, and increasing consumer awareness about infant nutrition make China a key growth market for HMOs.

Furthermore, regions in Southeast Asia, such as Indonesia, Malaysia, and Vietnam, hold high growth potential. These countries have large populations and rising disposable incomes, which can drive the demand for infant nutrition products enriched with HMOs. In addition, as healthcare awareness and infrastructure improve in these regions, the market for HMOs in infant nutrition is expected to expand rapidly. Overall, the Global HMO Market is likely to observe continued growth, driven by increased understanding of their health benefits and expanded applications beyond infant nutrition.

The Infant Formula Segments is anticipated to hold the Largest Market Share during the Forecast Period

Based on application the The "Infant Formula" application segment dominates the Global Human Milk Oligosaccharides (HMO) Market due to its crucial role in infant nutrition. HMOs are naturally present in human breast milk, providing numerous health benefits to infants, including the development of a robust immune system and a healthy gut microbiome. As breastfeeding rates vary globally and many infants rely on formula feeding, there is a growing emphasis on enhancing infant formulas with HMOs to replicate the nutritional advantages of breast milk. This trend is driving the demand for HMOs in infant formula, making it the dominant application segment in the market.

Segmentations Analysis of Human Milk Oligosaccharides (HMO) Market: -

Major Segmentations Are Distributed as follows:

  • By Type
    • 2’FL
    • 3’FL
    • 3’SL
    • 6’SL
  • By Application
    • Infant Formula
    • Functional Food & Beverage
    • Food Supplements
  • By Distribution Channel
    • Hypermarkets & Supermarkets
    • Drug Store or Pharmacy
    • Mass Merchandiser
    • Departmental Stores
    • Mono-brand Stores
    • Specialty Stores
    • Online Sales Channel
  • By Region
    • North America
      • US
      • Canada
    • Latin America
      • Brazil
      • Mexico
      • Argentina
      • Colombia
      • Chile
      • Peru
      • Rest of Latin America
    • Europe
      • UK
      • Germany
      • France
      • Italy
      • Spain
      • Russia
      • BENELUX
      • CIS & Russia
      • Nordics
      • Austria
      • Poland
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Thailand
      • Indonesia
      • Malaysia
      • Vietnam
      • Australia & New Zealand
      • Rest of Asia Pacific
    • Rest of the World
      • Saudi Arabia
      • UAE
      • South Africa
      • Nigeria
      • Egypt
      • Israel
      • Turkey

Recent Developments

  • In October 2023, HMOs, were officially allowed to be used in infant formula in China. This was announced by two foreign companies, IFF and dsm-firmenich, as well as the major local dairy company, Mengniu.

Reason to purchase this Human Milk Oligosaccharides (HMO) Market Report:

  • Determine prospective investment areas based on a detailed trend analysis of the global Human Milk Oligosaccharides (HMO) Market over the next years.
  • Gain an in-depth understanding of the underlying factors driving demand for different Human Milk Oligosaccharides (HMO) Market segments in the top spending countries across the world and identify the opportunities each offers.
  • Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
  • Identify the major channels that are driving the global Human Milk Oligosaccharides (HMO) Market, providing a clear picture of future opportunities that can be tapped, resulting in revenue expansion.
  • Channelize resources by focusing on the ongoing programs that are being undertaken by the different countries within the global Human Milk Oligosaccharides (HMO) Market.
  • Make correct business decisions based on a thorough analysis of the total competitive landscape of the sector with detailed profiles of the top Human Milk Oligosaccharides (HMO) Market providers worldwide, including information about their products, alliances, recent contract wins, and financial analysis wherever available.

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Table and Figures

Methodology:

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Secondary research is another crucial component of our methodology. It involves a deep dive into various data sources, including industry reports, market databases, scholarly articles, and regulatory documents. This helps us gather a wide range of information, validate findings, and provide a comprehensive understanding of the industry landscape.

Furthermore, our methodology incorporates technology-based research techniques, such as data mining, text analytics, and predictive modelling, to uncover hidden patterns, correlations, and trends within the data. This data-driven approach enhances the accuracy and reliability of our analysis, enabling us to make informed and actionable recommendations.

In addition, our analysts bring their industry expertise and domain knowledge to bear on the research process. Their deep understanding of market dynamics, emerging trends, and future prospects allows for insightful interpretation of the data and identification of strategic opportunities.

To ensure the highest level of quality and reliability, our research process undergoes rigorous validation and verification. This includes cross-referencing and triangulation of data from multiple sources, as well as peer reviews and expert consultations.

The result of our 360° Research Methodology is a comprehensive and robust research report that empowers you to make well-informed business decisions. It provides a panoramic view of the industry landscape, helping you navigate challenges, seize opportunities, and stay ahead of the competition.

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