According to estimates, the worldwide functional carbohydrates market will be worth US$ 5.4 billion by 2022 and will grow at a CAGR of 5.9% from 2022 to 2032. In many industrialized nations, there are more pets, and there is a growing emotional bond between people and their pets. Pet owners are consequently growing more worried about the health, quality of life, and lifespan of their animals.
Pets live longer and have better overall health when macronutrients like fiber, protein, and carbs are included in their food. The production of pet wet food is facilitated by the high water-binding properties of fruit pomace and fiber. As a result, the market for functional carbohydrates is predicted to rise as the use of functional ingredients is becoming more popular in the pet food business.
Children love the growing trend of on-the-go snacking because they need frequent meals, while adults prefer it because of their busy, active lifestyles, according to a principal analyst at FMI.
Important studies on functional carbohydrate applications that affect market expansion
The prospective uses of functional carbohydrates are being intensively investigated by major manufacturers with the assistance of numerous research institutions, public research universities, and crop institutes across the U.S. There is ongoing research being done for expanded applications in the food and beverage, personal care, sports nutrition, and feed industries.
Increasing Nutrient-Rich Food Consumption to Improve Overall Health
The market is primarily driven by changes in consumer dietary patterns and population increases. If consumers wish to reduce their risk of obesity, weight management, diabetes, and cardiovascular disease, they are more likely to choose meals that contain functional components.
Stressful lifestyles and increased levels of stress are to blame for the increase in these health issues. People also tend to eat three to four huge meals per day. As a result, people’s health has suffered. Increased awareness and a change in eating habits have led to a trend of eating multiple smaller meals throughout the day.
These factors have increased consumer interest in healthy foods and the use of energy or protein bars, biscuits, and snacks as a meal replacement. Children like on-the-go snacking due to their requirement for regular meals, whereas adults prefer it because of their active and demanding lifestyles. Increased disposable incomes, easy transportation, and rising health concerns are other factors promoting market expansion.
Who is triumphant?
Some of the top businesses that provide functional carbohydrates are General Mills, Inc., Danone S.A., Nestle S.A., Chobani LLC, Lactalis, Fonterra Co-operative Group, Arla foods, Yakult Honsha Co., Ltd., ULTIMA FOODS, Chobani, LLC., Sodiaal, Müller UK & Ireland, Rainy Lanes Dairy Foods Ltd., Parmalat S.p.A., Chi Limited, Car
