According to Precision Business Insights, the D-Mannose Market research report provides industry size and growth.
The D-Mannose Market size was valued at USD 1.12 billion in 2022 and is expected to grow at a CAGR of 3.6% from 2023-2029. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. D-mannose is extensively used for treating urinary tract infections is a simple sugar found in fruits and also naturally simple sugar found in some of the cells of the human body. D-mannose finds its use in various applications such as prevention of UTI and in the treatment of carbohydrate-deficient glycoprotein syndrome. Factors such as increase in the prevalence of genetic disorders is expected to drive the growth of the D-mannose powder market. Soaring awareness among the healthcare fraternity regarding the benefits of D-mannose in the treatment of various diseases is anticipated to fuel the revenue growth of D-mannose supplement market. However, the presence of natural alternatives to D-mannose is hampering the growth of the market. The stringent government regulations for the approval of the products may hinder the growth of the D-mannose powder market. The global D-Mannose market is divided into following categories-
Product type
Application
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And lastly, on the basis of geographical regions, the global D-Mannose market is segmented into five major regions- North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America and Europe D-Mannose capsules market are accounted for dominant revenue share when compared with that of the other regional markets. Owing to the rising awareness among the healthcare fraternity regarding the availability of the product is adding fuel for the growth of the D-mannose capsules market in these region. The Asia Pacific is expected to show stronger growth due to its developing healthcare sector. The entry of the manufacturers into emerging economies such as India and China is adding scope for the expansion of the market in this region which is likely to boost the growth of the D-mannose supplement market.
Some of the key players in the global D-Mannose market include I. du Pont de Nemours (U.S), Hanseler AG (Switzerland), Kyowa Hakko Kirin Co Ltd. (Japan), VWR Corporation (U.S), Nutraceutical International Corporation (U.S), Bio-Tech Pharmacal Inc. (U.S), Atrium Innovations Inc. (Canada). Some of the market developments include Jarrow Formulas had launched an all new D-Mannose and Organic Cranberry powder in 2017.