The "Latin America Functional Carbohydrates Market 2019-2028" report has been added to ResearchAndMarkets.com's offering.
The functional carbohydrates market in Latin America is estimated to surge at a CAGR of 7.83% over the projected period 2019-2028.
Brazil, Mexico and the Rest of Latin America together form the functional carbohydrates market in Latin America.
The presence of a diverse economic base and a growing young population is the primary driver of the growth of the dietary supplement market. Moreover, the increasing disposable income of the consumers and advanced technology are some of the other contributing factors to the dietary supplement market growth. The growing adoption of supplement products is further pushed by the middle-class consumers who are willing to spend on dietary supplements as an aid to longer lives.
The government is making great efforts towards initiating health awareness campaigns regarding obesity and diabetes. These initiatives have prompted customers to choose weight-management and sugar-regulating supplements. Since functional carbohydrates find their applications in these supplements, the growth in this sector will lead to the growth of the functional carbohydrates market in Latin America.
Energy drinks with the term 'organic' on energy drink labels are attracting health-conscious users. Manufacturers are increasingly focused on adding health appeal appealing to their energy drinks, thereby creating business opportunities for market growth. Brazil's larger consumer base consuming non-alcoholic beverages are augmenting the overall market growth in the Latin American region. The government's regulation towards the promotion of functional carbohydrates is instilling confidence in the consumers, thereby pushing the market growth further.
Some of the major players in the functional carbohydrates market are the Sanxinyuan Food Industry, Zibo Qianhui Biological Technology Co Ltd, Foodchem International Corporation, Evonik Industries AG and Sudzucker AG.
Key Topics Covered:
1. Latin America Functional Carbohydrates Market - Summary
2. Industry Outlook
2.1. Market Definition
2.2. Key Insights
2.2.1. Food & Beverage Leads Amongst Applications
2.2.2. Isomalt Leads the Functional Carbohydrates Market in Type
2.3. Porter's Five Force Analysis
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Market Drivers
2.6.1. Functional Carbohydrates Awareness Amongst Consumers
2.6.2. Demand for Functional Carbohydrates in the Cosmetic Products
2.6.3. Use of Functional Carbohydrates in Industrial Applications
2.7. Market Restraints
2.7.1. Rising Cost of Functional Products
2.7.2. Availability of Functional Carbohydrates Substitutes
2.8. Market Opportunities
2.8.1. Functional Carbohydrates in Pharmaceutical Products
2.8.2. Innovative Formulas in Products
2.9. Market Challenges
2.9.1. Allergies and Yeast Infection
2.9.2. Impact of Covid-19 on Functional Carbohydrates
3. Latin America Functional Carbohydrates Market Outlook - by Type
4. Latin America Functional Carbohydrates Market Outlook - by Application
4.1. Food & Beverage
4.3. Cosmetics &Personal Care
4.4. Other Application
5. Latin America Functional Carbohydrates Market - Regional Outlook
5.3. Rest of Latin America
6. Competitive Landscape
6.1. Sudzucker AG
6.2. Wacker Chemie AG
6.3. Cargill Incorporated
6.4. Evonik Industries AG
6.5. Roquette Freres
6.6. Sanxinyuan Food Industry
6.7. Fraken Biochem Co Ltd
6.8. Zibo Qianhui Biological Technology Co Ltd
6.9. Foodchem International Corporation
6.10. Haihang Industry Co Ltd
7. Methodology & Scope
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View source version on businesswire.com: https://www.businesswire.com/news/home/20201201005731/en/
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