Human Milk Oligosaccharides Market Registering At A 21.9% CAGR Through 2025 : Grand View Research Inc.
San Francisco, 14 October 2019: The Report Human Milk Oligosaccharides Market Size, Share & Trends Analysis Report By Application (Food Supplements, Functional Food & Beverages, Infant Formula), By Region, And Segment Forecasts, 2018 – 2025 The global human milk oligosaccharides market size is expected to reach USD 71.2 billion by 2025, according to a new report by Grand View Research, Inc. The human milk oligosaccharide (HMO) market is projected to witness a strong CAGR of 21.9% during the forecast period. Growing consumer awareness regarding infant health is expected to be the key factor driving the market. Moreover, heavy investments by prominent companies in emerging economies is anticipated to fuel the industry growth. The global infant formula market was valued at over USD 45.0 billion in 2016, with Asia being the dominant region. Increasing number of middle-class households and number of working women are among the key reasons behind the growth of the infant f