South Korea Isomaltooligosaccharide (IMO) Market was valued at USD 0.07 Billion in 2022 and is projected to reach USD 0.12 Billion by 2030, growing at a CAGR of 7.9% from 2024 to 2030.
Isomaltooligosaccharide (IMO) Market in South Korea: Types and Industrial Requirements
Isomaltooligosaccharides (IMOs) have emerged as a significant component in the prebiotics sector, offering both functional and health benefits. In South Korea, the IMO market is experiencing notable growth, driven by the increasing demand for healthier food alternatives and functional ingredients.
Understanding Isomaltooligosaccharides (IMOs)
IMOs are short-chain carbohydrates known for their digestion-resistant properties. Naturally present in certain foods, they are predominantly produced industrially from starches such as wheat, barley, and potatoes. This enzymatic conversion results in a mixture rich in α(1,6)-linked isomaltose, maltotriose, panose, and other oligomers. Their mild sweetness, approximately 60% that of sucrose, combined with low caloric content and prebiotic benefits, makes them a favored choice in various food applications.
South Korea's Prebiotics Market Landscape
The prebiotics market in South Korea is on an upward trajectory. In 2023, the market generated a revenue of USD 34.6 million and is projected to reach USD 72.5 million by 2030, reflecting a compound annual growth rate (CAGR) of 11.2%. This growth underscores the nation's increasing emphasis on health and wellness, with consumers seeking products that promote digestive health and overall well-being.
Types of IMOs in the South Korean Market
IMOs are commercially available in two primary forms:
Powder Form: This variant is favored for its ease of incorporation into dry mixes, supplements, and bakery products. Its stability and solubility make it a versatile ingredient in various formulations.
Syrup Form: Commonly used in beverages, confectioneries, and as a sugar substitute, IMO syrup offers a balance between sweetness and functionality, enhancing texture and shelf-life of products.
Industrial Applications and Requirements
The versatility of IMOs has led to their adoption across multiple industries in South Korea:
Food and Beverage Industry: IMOs serve as low-calorie sweeteners and prebiotic fibers, enriching products like yogurts, cereals, and health drinks. Their ability to improve texture and moisture retention enhances the sensory attributes of these products.
Health Products: Given their prebiotic properties, IMOs are incorporated into dietary supplements aimed at promoting gut health. Their role in stimulating beneficial gut bacteria aligns with the growing consumer focus on digestive wellness.
Animal Feed: In the veterinary sector, IMOs are utilized as functional additives in animal feed, aiming to improve gut health and nutrient absorption in livestock.
Market Dynamics and Future Outlook
The global IMO market was valued at approximately USD 111.5 million in 2022 and is anticipated to grow at a CAGR of 3.4%, reaching around USD 141.4 million by 2029. South Korea's contribution to this growth is significant, reflecting the nation's proactive approach to health-centric food innovations.
Several factors are propelling the IMO market forward:
Health Awareness: A heightened awareness of health issues, such as obesity and diabetes, is driving consumers towards low-calorie and functional food ingredients like IMOs.
Functional Food Trends: The rising popularity of functional foods that offer health benefits beyond basic nutrition is boosting the demand for prebiotic ingredients, including IMOs.
Regulatory Support: South Korea's regulatory framework supports the inclusion of functional ingredients like IMOs in food products, encouraging manufacturers to innovate and diversify their offerings.
In conclusion, the Isomaltooligosaccharide (IMO) market in South Korea is poised for substantial growth, driven by consumer demand for health-promoting ingredients and the versatility of IMOs in various industrial applications. As the market evolves, industries are likely to explore new avenues for IMO incorporation, further solidifying its presence in the health and wellness sector.
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Nikon Shikuhin KaKo
BioNeutra North America
Baolingbao Biology
Luzhou Bio-chem Technology
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Shangdong Tianmei
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Isomaltooligosaccharide (IMO) Market
Food and Beverages
Pharmaceuticals
Cosmetics and Personal Care Products
Plant-based Sources
Microbial Sources
Enzymatic Sources
Liquid Formulation
Powdered Formulation
Granular Formulation
Food Manufacturers
Pharmaceutical Companies
Cosmetic Manufacturers
Retail Consumers
Direct Sales
Online Retail
Modern Trade
Traditional Retail
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
For More Information or Query, Visit @ South Korea Isomaltooligosaccharide (IMO) Market Research Analysis
1. Introduction of the South Korea Isomaltooligosaccharide (IMO) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Isomaltooligosaccharide (IMO) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Isomaltooligosaccharide (IMO) Market, By Type
6. South Korea Isomaltooligosaccharide (IMO) Market, By Application
7. South Korea Isomaltooligosaccharide (IMO) Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Isomaltooligosaccharide (IMO) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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