Market Research Report
North America Functional Carbohydrates Market Forecast 2019-2027
|Published by||Inkwood Research||Product code||917133|
|Published||Content info||90 Pages
Delivery time: 2-3 business days
|North America Functional Carbohydrates Market Forecast 2019-2027|
|Published: November 24, 2019||Content info: 90 Pages||
The North American market for functional carbohydrates is predicted to exhibit a considerable growth rate of a CAGR of 5.13% during the forecast period, 2019-2027. The presence of the top feed producing countries in the region is the factor estimated to contribute considerably to the growth of the functional carbohydrates market in the region.
The rising concerns about health issues, adopting a healthy lifestyle, using make- up products free from toxic chemicals, and an increase in the use of dairy and meat products have boosted the functional carbohydrate market in the region. Canada has a wide range of consumers being a multicultural country and has a significant market in the food and beverage industry. Consumers spend largely on food and beverages, depending on value, convenience, health, and sustainability. Due to busy lifestyles, Canadians prefer ready to eat meals, and they are also very health conscious. They prefer cereals that are high in fiber content and have natural ingredients. Palatinose, a functional carbohydrate, is used as a sugar replacement in cereals, and Isomalt makes them hard sweet, crisp. With the increase in the demand of these breakfast cereals, the demand for functional carbohydrates is also growing in Canada. These factors are set to boost the market growth in the region of Canada.
Cargill, Incorporated, Foodchem International Corporation, Wacker Chemie AG, Evonik Industries, etc. are some of the key players in the market.