The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Human Milk Oligosaccharides (HMO) Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.

In-Depth Market Overview of Human Milk Oligosaccharides (HMO) Industry (2023-2028):

According to the latest report, The Human Milk Oligosaccharides (HMO) Market is projected to grow at around 21.75% CAGR during the forecast period, i.e., 2023-28. The report demonstrates the prominent factors propelling the exponential growth of the Human Milk Oligosaccharides (HMO) industry.

Key Takeaways: Beneficial for Stakeholders and Clients:

• Historical Data: 2018-21
• Base Year: 2022
• Forecast Period: 2023-28
• CAGR: 21.75%

What are the major Driver the Human Milk Oligosaccharides (HMO) industry?

Increasing awareness of the Health Benefits of HMOs and the Rising Demand for Improved Infant Nutrition - There is a growing awareness of the crucial role of nutrition in early childhood development & long-term health outcomes. Since HMOs are naturally occurring components of breast milk, they have been linked to various health benefits, like a healthy gut microbiome, enhanced immunity, and protection against pathogens. This increased focus on infant health & nutrition is fueling the demand for HMOs in infant formula & baby food products worldwide. Numerous studies have cited the potential health benefits of HMOs for infants and created much evidence that supports the positive impact of HMOs on gut health, immune development, and overall well-being, which, in turn, has increased awareness & acceptance of HMOs among healthcare professionals, parents, & consumers. Hence, these factors are expected to drive the Global Human Milk Oligosaccharides (HMO) Market during 2023-28.

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Human Milk Oligosaccharides (HMO) Market Segmentation

The Human Milk Oligosaccharides (HMO) Market analysis of Markntel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic.  The further bifurcations are as follows:

• By Type
• 2’FL- Market Size & Forecast 2018-2028, (USD Million)
• 3’FL- Market Size & Forecast 2018-2028, (USD Million)
• 3’SL- Market Size & Forecast 2018-2028, (USD Million)
• 6’SL- Market Size & Forecast 2018-2028, (USD Million)
• By Application
• Infant formula- Market Size & Forecast 2018-2028, (USD Million)
• Functional food & beverage- Market Size & Forecast 2018-2028, (USD Million)
• Food supplements- Market Size & Forecast 2018-2028, (USD Million)
• Others-Market Size & Forecast 2018-2028, (USD Million)
• By Concentration
• Neutral- Market Size & Forecast 2018-2028, (USD Million)
• Acidic- Market Size & Forecast 2018-2028, (USD Million)
• Others-- Market Size & Forecast 2018-2028, (USD Million)
• By Distribution Channel
• Hypermarkets & Supermarkets- Market Size & Forecast 2018-2028, (USD Million)
• Drug store or pharmacy- Market Size & Forecast 2018-2028, (USD Million)
• Mass merchandiser- Market Size & Forecast 2018-2028, (USD Million)
• Departmental Stores- Market Size & Forecast 2018-2028, (USD Million)
• Mono-brand Store-Market Size & Forecast 2018-2028, (USD Million)
• Specialty stores-Market Size & Forecast 2018-2028, (USD Million)
• By Region
• North America
• South America
• Europe
• Asia-Pacific
• The Middle East and Africa

As per the regional aspect, the Human Milk Oligosaccharides (HMO) Market is expected to be dominated by North America by capturing the potential market share.

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Top Companies in the Human Milk Oligosaccharides (HMO) Market

Biosynth Carbosynth, Chr. Hansen Holding A/S, Dextra Laboratories Ltd., DuPont Nutrition & Biosciences, Elicityl S.A., Glycosyn, Inbiose NV, Medolac Laboratories, Nestle Health Science, ROYAL DSM, BASF SE, Abbott Laboratories, GNUBIOTICS Sciences S.A., Dextra Laboratories, Others

Global Human Milk Oligosaccharides (HMO) Market Recent Development

On 18 November 2022, KYOWA HAKKO BIO CO. LTD., a subsidiary of Kirin Holdings Company, Limited, completed the HMO production facility at its Thai subsidiary, THAI KYOWA BIOTECHNOLOGIES CO., LTD.

On 31 October 2022, FrieslandCampina got approval from Australia’s & New Zealand’s authorities for using its 2’-FL trademarked Aequival in infant milk formula, i.e., in line with expanding its HMO portfolio.

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