MIDDLE EAST AND AFRICA FUNCTIONAL CARBOHYDRATES MARKET 2019-2028

Consumer Goods & Services | Food & Beverages

MIDDLE EAST AND AFRICA FUNCTIONAL CARBOHYDRATES MARKET 2019-2028

Market By Type, Application And Geography | Forecast 2019-2028

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Triton Market Research’s report on the functional carbohydrates market in the Middle East and Africa has determined that it is likely to augment at CAGR of 7.39% over the estimated period 2019-2028.



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The countries scrutinized in the Middle East and Africa market are:

•     Saudi Arabia

•     United Arab Emirates

     South Africa

     Turkey

    Rest of Middle East & Africa

In Saudi Arabia, there is an increased health-awareness among the consumers due to governmental initiatives, doctors & pharmacists and the rising number of entrants in the segment. Energy drinks are perceived as expensive and unhealthy by many consumers due to the tax framework implemented on them. Apart from the added taxes, in 2014, energy drinks also faced a Saudi government ban. It prohibited energy drink manufacturers from promoting their products through advertising, tasting campaigns or sponsorships, and caused limitation to the distribution and sale of energy drinks. These products also had to carry health warning signs.

However, Code Red, with its reasonable pricing methods and effective distribution strategies, sustained at the top in the market. In the forecast period, it is anticipated that energy drinks manufacturers will invest in promotional campaigns through social media platforms, in-store shelf designs & space and internet retailers. In addition, these firms are likely to launch new product developments, for example, reduced sugar energy drinks, new packaging innovations and new flavors to aid the sales and minimize the adverse effects of taxes on these products. These developments are likely to increase the potential application of functional carbohydrates in Saudi Arabia.

Evonik Industries AG is a specialty chemicals manufacturing company. The company has major business operation segments, namely resource efficiency, nutrition & care and performance materials. It provides functional carbohydrates, including hyaluronic acid and Isomalt, through its nutrition & care segment. The company has business operations in different regions, including the Middle East and Africa.

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Table of Content

1.    MIDDLE EAST AND AFRICA 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.   EUROPE LEADS IN THE FUNCTIONAL CARBOHYDRATES MARKET    

2.2.3.   ISOMALT LEADS THE FUNCTIONAL CARBOHYDRATES MARKET IN TYPE    

2.3. PORTER’S FIVE FORCE ANALYSIS   

2.3.1.   THREAT OF NEW ENTRANTS   

2.3.2.   THREAT OF SUBSTITUTE           

2.3.3.   BARGAINING POWER OF SUPPLIERS

2.3.4.   BARGAINING POWER OF BUYERS     

2.3.5.   THREAT OF COMPETITIVE RIVALRY  

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.    MIDDLE EAST AND AFRICA FUNCTIONAL CARBOHYDRATES MARKET OUTLOOK - BY TYPE       

3.1. ISOMALT    

3.2. PALATINOSE        

3.3. CYCLODEXTRIN  

3.4. CURDLAN 

3.5. OTHERS     

4.    MIDDLE EAST AND AFRICA FUNCTIONAL CARBOHYDRATES MARKET OUTLOOK - BY APPLICATION   

4.1. FOOD & BEVERAGE      

4.2. PHARMACEUTICAL/NUTRA     

4.3. COSMETICS &PERSONAL CARE       

4.4. OTHER APPLICATION    

5.    MIDDLE EAST AND AFRICA FUNCTIONAL CARBOHYDRATES MARKET – REGIONAL OUTLOOK          

5.1. UNITED ARAB EMIRATES         

5.2. TURKEY     

5.3. SAUDI ARABIA     

5.4. SOUTH AFRICA   

5.5. REST OF MIDDLE EAST & AFRICA    

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  

7.1. RESEARCH SCOPE       

7.2. SOURCES OF DATA       

7.3. RESEARCH METHODOLOGY  

List of table

TABLE 1: MIDDLE EAST AND AFRICA FUNCTIONAL CARBOHYDRATES MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD

TABLE 3: MIDDLE EAST AND AFRICA FUNCTIONAL CARBOHYDRATES MARKET, BY TYPE, 2019-2028 (IN $ MILLION)

TABLE 4: MIDDLE EAST AND AFRICA FUNCTIONAL CARBOHYDRATES MARKET, BY APPLICATION, 2019-2028 (IN $ MILLION)

TABLE 5: MIDDLE EAST AND AFRICA FUNCTIONAL CARBOHYDRATES MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)

List of Figures

FIGURE 1: MIDDLE EAST AND AFRICA FUNCTIONAL CARBOHYDRATES MARKET, BY FOOD & BEVERAGE, 2019-2028 (IN $ MILLION)

FIGURE 2: MIDDLE EAST AND AFRICA FUNCTIONAL CARBOHYDRATES MARKET, BY ISOMALT, 2019-2028 (IN $ MILLION)

FIGURE 3: PORTER’S FIVE FORCE ANALYSIS

FIGURE 4: MARKET ATTRACTIVENESS INDEX

FIGURE 5: MIDDLE EAST AND AFRICA FUNCTIONAL CARBOHYDRATES MARKET, BY ISOMALT, 2019-2028 (IN $ MILLION)

FIGURE 6: MIDDLE EAST AND AFRICA FUNCTIONAL CARBOHYDRATES MARKET, BY PALATINOSE, 2019-2028 (IN $ MILLION)

FIGURE 7: MIDDLE EAST AND AFRICA FUNCTIONAL CARBOHYDRATES MARKET, BY CYCLODEXTRIN, 2019-2028 (IN $ MILLION)

FIGURE 8: MIDDLE EAST AND AFRICA FUNCTIONAL CARBOHYDRATES MARKET, BY CURDLAN, 2019-2028 (IN $ MILLION)

FIGURE 9: MIDDLE EAST AND AFRICA FUNCTIONAL CARBOHYDRATES MARKET, BY OTHERS, 2019-2028 (IN $ MILLION)

FIGURE 10: MIDDLE EAST AND AFRICA FUNCTIONAL CARBOHYDRATES MARKET, BY FOOD & BEVERAGE, 2019-2028 (IN $ MILLION)

FIGURE 11: MIDDLE EAST AND AFRICA FUNCTIONAL CARBOHYDRATES MARKET, BY PHARMACEUTICAL/NUTRA, 2019-2028 (IN $ MILLION)

FIGURE 12: MIDDLE EAST AND AFRICA FUNCTIONAL CARBOHYDRATES MARKET, BY COSMETICS &PERSONAL CARE, 2019-2028 (IN $ MILLION)

FIGURE 13: MIDDLE EAST AND AFRICA FUNCTIONAL CARBOHYDRATES MARKET, BY OTHER APPLICATION, 2019-2028 (IN $ MILLION)

FIGURE 14: MIDDLE EAST AND AFRICA FUNCTIONAL CARBOHYDRATES MARKET, REGIONAL OUTLOOK, 2018 & 2028 (IN %)

FIGURE 15: UNITED ARAB EMIRATES FUNCTIONAL CARBOHYDRATES MARKET, 2019-2028 (IN $ MILLION)

FIGURE 16: TURKEY FUNCTIONAL CARBOHYDRATES MARKET, 2019-2028 (IN $ MILLION)

FIGURE 17: SAUDI ARABIA FUNCTIONAL CARBOHYDRATES MARKET, 2019-2028 (IN $ MILLION)

FIGURE 18: SOUTH AFRICA FUNCTIONAL CARBOHYDRATES MARKET, 2019-2028 (IN $ MILLION)

FIGURE 19: REST OF MIDDLE EAST & AFRICA FUNCTIONAL CARBOHYDRATES MARKET, 2019-2028 (IN $ MILLION)

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