A gist of Polysaccharides and Oligosaccharides Market report
The Polysaccharides and Oligosaccharides Market report covers the key factors regarding the recent happenings such as new product launches, synergisms, and mergers & acquisitions. Furthermore, the study offers a dexterous background for acquiring heaps of information that likely consumers can use to ensure better gains at low expenditures. The presentation of insights on Polysaccharides and Oligosaccharides Market segmentation by type, application, and geography provides a critical angle.
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The beverages segment is poised to remain dominant in the global polysaccharides and oligosaccharides market, accounting for a revenue share of one-fourth by 2024 end. The beverages segment is anticipated to grow at a CAGR of over 4.5% during the forecast period. The beverages and the dairy industries, which are the foremost consumers of polysaccharides and oligosaccharides have been sorely affected due to the Covid-19 outbreak. With a combination of reduced Chinese imports, supply chain disruptions and extreme competition for shipping containers, the polysaccharides and oligosaccharides market is anticipated to register a significant downturn. By source, bacterial polysaccharides and oligosaccharides are poised to witness the highest growth over the forecast period. Plant sources continue to capture a significant chunk of market share
APEJ to Reign Supreme While Europe’s Contribution Remains Significant
Asia Pacific region excluding Japan (APEJ) is projected to be a highly lucrative area for the development of the polysaccharides and oligosaccharides market. Consumption of polysaccharides and oligosaccharides is projected to rise due to increased demand in various applications in the food sector. APEJ’s demand for polysaccharides and oligosaccharides is expected to hit a price slightly below US$ 11 billion by the end of the forecast year, from a value of around US$ 6 billion in 2017. Europe is also expected to contribute significantly to the development of the global market for polysaccharides and oligosaccharides. In terms of market value Europe is expected to be the second largest. In the coming years the consumption of polysaccharides and oligosaccharides in this area is also expected to grow at a moderate pace.
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On the basis of geography, this Polysaccharides and Oligosaccharides Market report covers the prominent regions, concentrates on product sales, value, market share and growth outlook in these regions, which include:
Regional Segments Analyzed Include
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
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