The unprecedented COVID-19 pandemic has affected the global economy to a great extent. Considering the food industry, one of the most important sectors of the economy, a tremendous impact has been witnessed on the entire process from the field to the consumer. The restrictions in the movement of workers, closure of food production facilities, and changes in consumer demand have put excessive pressure on the food industry.
The report offers actionable and valuable market insights of Isomalto-oligosaccharide. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Isomalto-oligosaccharide Market across various industries and regions.
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A recent Fact.MR report finds that isomalto-oligosaccharide (IMO) sales in 2018 were ~420 thousand tons, and are estimated to record ~6% Y-o-Y in 2019. The IMO industry is primarily influenced by the ingredient’s benefits that extent beyond gastrointestinal tract, complemented by its growing popularity as a low-calorie sweetener in protein bars. Low glycemic index and high prebiotic fiber content in IMO has meant that adoption of this plant-based ingredient continues on an upward spiral in the supplements industry, to help health-conscious consumers achieve improved nutrient absorption and fat loss.
According to the study, shares of the IMO market remains consolidated among four leading players, who hold a strong distribution and export their products to lucrative markets worldwide. These players are targeting potential consumers for boosting sales, with the US being one of the leading countries to create value. While frontrunners are focusing on collaborating with distributors and farmers for leveraging positive consumer sentiment on locally-sourced ingredients, entrepreneurs are entering into tie-ups with raw material providers.
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Isomalto-oligosaccharide market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Isomalto-oligosaccharide
This newly published and insightful report sheds light on Market Insights of Isomalto-oligosaccharide, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Isomalto-oligosaccharide Market.
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Competition Landscape
The isomalto-oligosaccharide market will continue to witness the consolidation of four leading players, namely, Shandong Bailong Group Co., Ltd., Baolingbao Biology, Co. Ltd, Anhui Elite Industrial Co., Ltd., and BioNeutra Global Corporation – collectively accounting for ~70% market share.
The sugar-, fat-, and calorie-reduction is a growing trend in the food & beverage industry, which has led manufacturers to focus more on new product developments and innovation. Leading players are consolidating their market position further through strategic acquisitions and collaborations.
For instance, in 2018, BioNeutra Global Corporation, a functional and health F&B ingredient manufacturer entered into a partnership with the nutritional division of LEHVOSS UK, Gee Lawson, to launch a novel isomalto-oligosaccharide product – VitaFiber(TM) IMO in Europe. In addition, key companies in IMO market are making significant investment in R&D activities, to improve the performance and functionality of IMO in animal feed.
The mid-level players, such as Shandong Tianjiao Biotech Co., Ltd., and Shijiazhuang Huachen Starch Sugar Production Co., Ltd., are eyeing geographical expansions to tap latent opportunities in developing markets. Growing focus of the market entrants on understanding consumer attitudes, knowledge, perceptions and behaviors, is likely to complement their permeation in the IMO market worldwide.
A recent Fact.MR report finds that isomalto-oligosaccharide (IMO) sales in 2018 were ~420 thousand tons, and are estimated to record ~6% Y-o-Y in 2019. The IMO industry is primarily influenced by the ingredient’s benefits that extent beyond gastrointestinal tract, complemented by its growing popularity as a low-calorie sweetener in protein bars. Low glycemic index and high prebiotic fiber content in IMO has meant that adoption of this plant-based ingredient continues on an upward spiral in the supplements industry, to help health-conscious consumers achieve improved nutrient absorption and fat loss.
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According to the study, shares of the IMO market remains consolidated among four leading players, who hold a strong distribution and export their products to lucrative markets worldwide. These players are targeting potential consumers for boosting sales, with the US being one of the leading countries to create value. While frontrunners are focusing on collaborating with distributors and farmers for leveraging positive consumer sentiment on locally-sourced ingredients, entrepreneurs are entering into tie-ups with raw material providers.
Stakeholders in the isomalto-oligosaccharide market are adopting innovative marketing strategies to attract a wider pool of audience. Stage-wise investment in product development and commercial campaigns for raising awareness on health benefits of IMO, by sharing successful results of clinical trials, are some of the key efforts of manufacturers that will augur well for the IMO market growth.
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