The global sales of polysaccharides and oligosaccharides is estimated to leverage at a CAGR of over 5% during the forecast period (2020-2030), reaching a value pool of over US$ 22 Bn.
It is anticipated that the food & beverages industry will feel the impact of the coronavirus (Covid-19) pandemic from every direction. Even as outbreaks in key regions disrupt supply chains, demand may fall due to instability in the global economy and capital markets. The Covid-19 outbreak could potentially hit the polysaccharides and oligosaccharides Industry hard on several fronts. Lower demand and profitability, potentially tightening credit markets and ensuring the safety of workers have lowered sales figures to a snail’s pace. Several companies involved in the polysaccharides and oligosaccharides have advocated support from government funding for a set of programs, including subsidized loans and other similar measures.
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