D-Mannose is a kind of sugar that is associated with glucose. It is found in many fruits and vegetables such as cranberries, apples, oranges, broccoli, green beans and more. It also occurs certainly in some cells in the human body. D-Mannose is mainly used for preventing the certain kind of bacteria from sticking to the walls of the urinary tract and causes infection. Also, D-mannose might heal the deficiency caused by a genetic defect that affects the production and abnormal breakdown of mannose. The growing incidences of urinary tract infections (UTIs), increasing usage in food additives and dietary supplements, along rising in demand for natural, and non-genetically modified products are the few factors responsible for the high CAGR of the market over the forecast period. According to the Council for Responsible Nutrition consumer survey on dietary supplements in 2017, the U.S.-based trade association, depicts that about 76% of Americans are using dietary supplements, with an increase of around 64% from 2008. Furthermore, as per the Global Forum of Incontinence (GFI) in 2018, Asia-Pacific has witnessed the highest prevalence of urinary incontinence. The number of females diagnosed with urinary incontinence is estimated to be 256 million in Asia-pacific, followed by Europe (57 million) and North America (37 million). This, in turn, is expected to accelerate the demand of D-Mannose, thus contributing to the market growth around the world. However, the outbreak of COVID-19 spreading around the world and the resulting strong actions implemented by the government will have far more impact on the D-mannose. Thus, it reduces production and affects consumer demand due to supply disruption which may hamper the market growth worldwide. In addition, the high production cost is also the major factor limiting the market growth over the forecast period of 2020-2026.
Global D-Mannose Market is valued approximately at USD 767 million in 2019 and is anticipated to grow with a healthy growth rate of more than 4.3% over the forecast period 2020-2026.
The regional analysis of the global D-Mannose market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and the Rest of the World. North America is the leading/significant region across the world in terms of market share owing to rising incidences of UTIs, along with the growing consumption of dietary supplements among people, especially in the United States. Whereas, Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2026, due to increasing awareness among people towards health and fitness, coupled with the rise in the number of local players across the region.
Major market player included in this report are: Danisco (Dupont), Naturesupplies, Douglas Laboratories, Sweet Cures, Hebei Huaxu, Huachang, Hubei Widely, Specom Biochemical, Amresco LLC, Ferro Pfanstiehl Laboratories, Inc
The detailed segments and sub-segment of the market are explained below:
By Type: Food Grade, Pharmaceutical Grade
By Application: Food Additives, Anti-inflammatory, Dietary Supplement, Others
By Region: North America, Europe, Asia Pacific, Latin America, Rest of the World
Furthermore, the years considered for the study are as follows:
Historical year – 2016, 2017, 2018
Base year – 2019
Forecast period – 2020 to 2026
Target Audience of the Global D-Mannose Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
Review our report at http://www.bizwitresearch.com/reports/global-d-mannose-market-is-valued-approximately-at-usd-767-million-in-2019-and-is-anticipated-to-grow-with-a-healthy-growth-rate-of-more-than-4-3-over-the-forecast-period-2020-2026/
To review more reports on Upcoming topics, visit us at http://www.bizwitresearch.com
Data drives better decisions
Bizwit Research & Consulting LLP