For a long time, the cure for diabetes type 1 and type 2 has relied on agonizing insulin shots for patients or insulin infusion via mechanical pumps. Regarding this, experts have been creating artificial pancreatic beta cells with the he…
KEY FINDINGS
The market for functional carbohydrates in Europe is estimated to grow at a CAGR of 5.42% during the forecast period. Due to their wide range of applications, many industries are using functional carbohydrates in key areas of food and beverage, cosmetics and personal care products, pharmaceuticals, and others like animal feed construction materials, and paint. These factors are set to augment the market growth in the European region.
MARKET INSIGHTS
The European market for functional carbohydrates is divided for further analysis on the basis of various regions, such as the UK, France, Germany, Italy, Spain, Russia, and the rest of Europe covering countries like Sweden, Denmark, and others. The rising concerns about health issues, general awareness about health and nutrition with increasing number of gyms, fitness centers and sports clubs, rise in purchasing capacity of middle class income groups, preference for food supplements, energy drinks, use of herbal personal care products free from toxic chemicals and a considerable increase in the number of unconventional users are the driving forces impacting market growth in the region. Some of the major functional carbohydrates used in the market are Isomalt, Palatinose, Cyclodextrin, and Curdlan.The sixth-largest cosmetics and personal care market of the UK are extremely competitive and innovative. The increasing purchasing capacity of high and mid-income groups in Russia enables them to spend largely on beauty and skincare products and energy drinks. In Germany, there is a growing demand for natural products and high- end food replacement. Traditional breakfast is being replaced by nutritional food low in sugar and fat in France. In Spain and Italy, there is growth in the consumption of healthy foods. These factors impact the growth of the functional carbohydrates market in the overall region.
COMPETITIVE INSIGHTS
Some of the prominent players in the market are Südzucker Group, Roquette Frères, Sanxinyuan Food Industry Corporation Limited (SFI corp. ltd), and Haihang Industry Co., Ltd.
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