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Global Human Milk Oligosaccharides (HMO) Market

Posted 18 Apr 2021 | Hits: 12
Country: India
State/Region: Maharashtra
City: Panvel 
Locality: Pune
Zip: 411051
Global Human Milk Oligosaccharides (HMO) Market holds potential to reach US$101.6 Mn by 2027, driven by multiple factors, including demand and supply-side drivers.
• Demand Side Drivers:

o Increasing concerns among consumers regarding gut health including bacteria, archaea and fungi are the key drivers resulting market to reach USD XX Mn globally by 2027.
o Europe dominated the Human Milk Oligosaccharides (HMO) Market with a share of 42.18% in the year 2019.
• Supply Side Drivers:

o The market is driven by large players meeting xx% of the demand, which include manufacturers, supplier, and distributors. These players are pushing multiple offerings at different price points.
o Dutch multinational corporation (DSM) would acquire Glycom for $830 million, a Danish company, one of the leading supplier of human milk oligosaccharides (HMOs). With the acquisition, DSM will follow firms like BASF and DuPont, to expand its business presence in the next 5 years.
o According to DSM, the global HMO market is currently around US$ 110 million per year and growing rapidly. Glycom reported $80 million in sales in 2019, mostly to Nestlé, which is a large investor in Glycom.

For More Information:https://www.maximizemarketresearch.com/market-report/global-human-milk-oligosaccharides-hmo-market/80823/
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