The global d-mannose market features a fragmented vendor landscape, with the presence of large established companies as well as small regional players, finds Transparency Market Research in a new market study. Top players such as Now Health Group Inc., E. l. du Pont de Nemours and company, Nutraceutical International Corp., and Jarrow Formulas Inc. have strong focus on expansion of their manufacturing facilities, while at the same time attempting to acquire local players in regional markets.
Some other key players in the global d-mannose market are VWR Corporation, Ferro Pfanstiehl Laboratories Inc., Hänseler AG, Atrium Innovations Inc., Bio-Tech Pharmacal Inc., and Kyowa Hakko Kirin Co. Ltd.
According to findings of the report, the global d-mannose market is likely to display a slow yet steady 3.5% CAGR between 2017 and 2025. Rising at this rate, the market’s valuation of US$774.5 mn in 2017 is likely to be worth US$1,016.7 mn by 2025 end.
Application-wise, dietary supplements segment is likely to stay ahead of other segments in the d-mannose market. The dietary supplements market is likely to hold 40%of the total market by 2025. However, the functional food application segment is likely to outshine in terms of growth rate over the forecast period.
On the basis of geography, North America is expected to lead the global d-mannose market on account of rising incidence of urinary tract infections.
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Available via several Natural Sources boosts adoption
The lead author of the study say, “D-mannose finds use in the treatment of a rare disease passed down through families. The disease called carbohydrate-deficient glycoprotein syndrome type 1b causes loss of protein through the intestines. The use of d-mannose helps slow down protein loss and helps the liver to function better. Reduced bleeding disorders and aid to stabilize low blood sugar are some other ways d-mannose helps for patients of this rare disease. This is aiding the growth of d-mannose market.
D-mannose is naturally available in orange, apple, peach, cranberry, mango, aloe vera, and seaweed. Such wide sources of d-mannose helps expand its applications. This boosts the d-mannose market.
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Rising Demand for Prebiotics for Gut Health boosts Market
The rising awareness of use of d-mannose to prevent urinary tract infections is another key factor fuelling the d-mannose market. In the urinary tract, d-mannose clings to the walls to making it difficult for pathogens to invade the surface. D-mannose establishes firmly on the walls of urinary tract leaving insufficient room for pathogens.
Also, d-mannose is often used as a preventive for urinary tract infections. Due to side-effects associated with antibiotics, individuals susceptible to urinary tract infection use d-mannose as a preventive measure.
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D-mannose is also used as a prebiotic. D-mannose is used as a prebiotic in dietary supplement or in functional foods. Increasing awareness to improve gut health is stimulating the demand for foods and food supplement that help stimulate good bacteria. This is serving to boost the demand for d-mannose.
However, efficacy of d-mannose for medical conditions is not yet fully established. Further studies are required to establish efficacy of d-mannose for urinary tract infection. Also, use of d-mannose is also associated with mild side effects such as diarrhea. These factors could have a negative impact on the d-mannose market.
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The food and beverages sector has cemented its place among the global populace firmly over the years. This sector attracts considerable investments and subsidies from numerous government and non-government organizations. The trends and popularity regarding specific sub-categories are dynamic and help in structuring the overall growth. The trends are a way of answering the needs of the consumer. The players in the food and beverages sector have to adapt to the changing trends, which helps increase revenue-generation opportunities.
The world has undergone a major shift in the way of living since the COVID-19 pandemic struck. A notable change in the functioning of various businesses and sectors has influenced their working mechanisms extensively. The food and beverage sector is no stranger to this change. Transparency Market Research (TMR) has studied many aspects concerning the difference between the trends in the pre-pandemic and post-pandemic world across the food and beverage industry.
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