Lactulose Market Estimated to Witness High Growth Owing to Increasing Adoption as Prebiotic
Lactulose is a synthetic disaccharide used as a prebiotic and laxative. As a prebiotic, lactulose promotes the growth of beneficial microbes in the gut. It is commonly used to treat constipation and hepatic encephalopathy. Lactulose works by drawing water into the colon through osmosis to soften the stool and stimulate bowel movements. The global lactulose market is estimated to be valued at US$ 175.29 Mn in 2023 and is expected to exhibit a CAGR of 3.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Dynamics:
The increasing adoption of lactulose as a prebiotic is expected to drive the growth of the lactulose market over the forecast period. Lactulose helps maintain a healthy balance of gut microflora and is used as a supplemental prebiotic. It promotes the growth of beneficial bacteria like Bifidobacteria and Lactobacilli in the large intestine. The prebiotic effect of lactulose along with its laxative properties have increased its popularity as a gut health supplement. Furthermore, rising awareness about gut health and the role of prebiotics in maintaining digestive health is also anticipated to boost demand for lactulose-based products.
SWOT Analysis
Strength: Lactulose is used commonly used to treat constipation. It acts as an osmotic laxative that draws water into the intestines, thereby softening stool and helping bowel movement. This makes it very effective in constipation relief. It is also generally well-tolerated with minimal side effects. Being readily available over the counter without prescription, it provides easy access to treatment of constipation.
Weakness: Lactulose has a laxative effect that causes frequent, loose stools that some may find inconvenient. It may also cause bloating, abdominal cramping and flatulence as side effects. Some individuals may develop dependency on lactulose for regular bowel movements over time with prolonged use.
Opportunity: With rising geriatric population worldwide who are more prone to constipation, the market for laxatives such as lactulose is expected to grow significantly. There is opportunity to further enhance formulations and delivery methods to increase efficacy and patient compliance. Launch of new regional and international brands can help expand market reach.
Threats: Increase in consumer preference for alternative natural laxatives and probiotics poses threat to lactulose market. Stringent regulations pertaining to laxative drug approvals also impact market growth. Fluctuations in raw material supply and prices is a challenge.
Key Takeaways
The Global Lactulose Market Demand is expected to witness high growth over the forecast period 2023 to 2030 supported by rising geriatric population worldwide and increasing constipation incidence. The market size is projected to reach US$ 175.29 Mn in 2023 registering a CAGR of 3.6% during the forecast period.
Regional analysis: North America currently dominates the global lactulose market owing to developed healthcare infrastructure and awareness about laxative treatment options for constipation. However, Asia Pacific region is expected to offer lucrative growth opportunities propelled by expanding medical tourism industry and improving access to healthcare in emerging countries.
Key players: Key players operating in the lactulose market include Abbott, Morinaga Milk Industry CO., LTD., RELAX EXCELLENCE IN LACTULOSE, FRESENIUS KABI, BIOFAC A/S and Lactose India Limited. These companies are focusing on new product launches and mergers & acquisitions to strengthen their market positions.
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