Global carbohydrates market growth to USD 37.48 billion by 2034

In 2023, the global carbohydrates market was valued at USD 21.46 billion with projections to exceed USD 35.63 billion by 2033. Europe accounted for USD 8.58 billion in 2024, experiencing significant growth due to changing dietary preferences and a rising demand for functional foods. This region's focus on sustainable eating patterns, alongside an increase in plant-derived food products, stimulated the market further. The North American market is also growing rapidly, driven by a health-conscious population and preference for natural ingredients over synthetic options. There has been notable interest in functional carbohydrates, which are gaining traction in food products, especially among consumers with dietary restrictions. The versatility of these carbohydrates makes them appealing across various sectors, including veterinary feed. Additionally, the segment for alternative carbohydrate sources, such as cereals and grains, is witnessing a notable growth rate. The increasing awareness of high fiber content's health benefits has boosted the demand for specialty carbohydrates. As consumer preferences evolve, the carbohydrates market continues to adapt, reflecting the rising trend toward healthier and more functional food choices. In summary, the carbohydrates market is positioned for substantial growth over the coming decade, influenced by shifts in consumer behavior and the quest for better health outcomes.