Isomalto-Oligosaccharide Market Is Projected To Register An Impressive CAGR Of 7% Through 2029

Food and beverages

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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Opportunities Abound in Food & Beverage Industry for IMO Manufacturers

The Fact.MR study opines that rising demand for non-GMO and allergen-free prebiotics in line with an increased focus of manufacturers on improving the quality of nutritional products will drive sales of isomalto-oligosaccharide. Recent proliferation of health-conscious consumers, coupled with their changing dietary habits to limit sugar intake by using low-calorie sweeteners, holds significant potential for higher IMO sales.

According to the report, application of IMO as a prebiotic agent and sugar substitute will remain high in the food and beverage industry, with wide applications in nutritional bars, dietary supplements, bakery & confectionary and functional foods. IMO sales in the food & beverage industry is estimated at ~290 thousand tons in 2019, primarily driven by high adoption in beverages and nutrition bars. The study also indicates that growing recognition of low-fiber diet as the root cause for chronic ailments, such as obesity, diabetes mellitus, and coronary vascular diseases, will increasingly contribute to gains in the IMO market.

Key Segments of Isomalto-oligosaccharide Market

  • By Primary Function

    • Prebiotic Agent
    • Bulking Agent
    • Sugar Substitute / Low Calorie Sweetener
  • By Form

    • Powdered
    • Syrup
  • By Application

    • Food & Beverage
      • Nutrition bar
      • Dietary Supplement
      • Bakery & Confectionery
      • Beverages
      • Functional Food
      • Other
    • Pharmaceutical
    • Animal Feed
  • By Region

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia
    • Oceania
    • Middle East & Africa

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.

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