Hydroxymethylbutyrate (HMB) Market

Hydroxymethylbutyrate (HMB) Market Overview

The Global HMB market is slated for positive growth ahead. It is anticipated to expand at a CAGR of ~6% across the forecast period (2020-2030). HMB is highly used as therapeutic dosage for muscle growth among patients who have undergone liver transplants. Patients with liver transplants often face sarcopenia, a condition which leads to a reduction in skeletal muscle mass. To restore this mass, HMB dosages are highly recommended.

Besides, patients with AIDS and stage IV cancers are often suggested to consume therapeutic dose of 3mg HMB per day. On the back of these factors, the market is forecast to register increasing demand in the future. However the side effects of HMB can restrict market growth in the future.

Hydroxymethylbutyrate (HMB) Application Insights

HMB caters mainly to the demand from two markets, sports supplements and dietary supplements. HMB is processed to Ca-HMB, which is then formulated as a sports supplement or utilized by nutraceuticals for manufacturing HMB based dietary supplements.

A spurt in health conscious consumers has significantly increased demand of HMB within the sports industry. For sports professionals and bodybuilders, it is recommended to consume 3 grams per day for 10-14 weeks for lean body mass (LBM) gain.

Hence, HMB is consumed externally as an ergogenic aid. This uptick in the number of health conscious people has surged the demand of HMB from sports supplements.

Hydroxymethylbutyrate (HMB) Market Share Analysis by Purity

By Purity, HMB between 98%-99% is set to account for the largest chunk of the market share through 2030. This can be attributed to the segment’s high use among bodybuilders. On the other hand, the 99% segment will witness the fastest growth throughout the forecast period. Amongst these HMB powders with 98%- 99% purity are set to soar on popularity.

Hydroxymethylbutyrate (HMB) Regional Analysis

From the regional perspective, North America accounts for more than 35% of the global HMB market share. This is because of the large number of HMB industries in the region. The United States has the highest per capita spending on sports supplements, owing to the increased demand for HMB in the historical period.

The scenario is expected to slightly shift towards East Asian countries such as Japan and South Korea, which have recorded significant growth in HMB demand. Furthermore, Europe and South Asia & Oceania have witnessed moderate growth with demand mainly from Italy, France, Pakistan and Bangladesh.

From the supply side, China is poised to be a strategic location for the production of HMB as it provides enormous opportunities owing to the ease of approvals, regulatory processes and solid supply chain management. These factors have prompted American HMB manufacturers to provide licenses to Chinese HMB manufacturing groups.

In addition, large economies of scale are further benefitting the Chinese market, as it is on the growing side of the product life cycle (PLC). Constant supply of raw materials has favoured manufacturers to maintain their HMB supply strength.

COVID-19 Impact on Hydroxymethylbutyrate (HMB) Market

The COVID-19 pandemic has significant ramifications for the HMB market. Despite the rise in demand for HMB in dietary supplements, lower production arising due to nationwide lockdowns to contain the spread of the virus has limited market prospects.

Most of the HMB is being manufactured in China, the epicentre of the pandemic. As a result, production has stalled, leading to a significant demand-supply gap. However, increase in demand for nutritional HMB supplements owing to the lean body mass losses in COVID-19 patients is set to normalize the HMB market growth.

Hydroxymethylbutyrate (HMB) Leading Manufacturers and Competition Landscape

The global HMB market is highly monopolistic in nature. Two players prevail in the market. One company actively consumes HMB for the production of HMB based dietary supplement with trade name “Ensure Nutrivigor”. The other firm caters to the sports supplement market under the trade name “myHMB”. The rest of the HMB is supplied to distributors such as Glanbia Nutrition, GNC, Holland & Barrett and sports supplement formulator companies.

HMB manufacturers are set to capture significant market share across key regions. However, India is set to become a barrier for HMB stakeholders due to stringent regulations from FSSAI over HMB supply.

Owing to the low market clearing price and monopolistic HMB market, key stakeholders are set to leverage their supply arm in strategic countries such as Japan, Bangladesh, Pakistan and South Korea.

Analyst viewpoint

“HMB market is set to witness a spike in market prices with the growing demand FOR HMB sports and nutrition supplements”, says a Fact.MR Analyst.

About the Report

Fact.MR published an exclusive forecast report for Hydroxymethyl butyrate (HMB) market between 2020 and 2030. The foremost objective of this report on Hydroxymethyl butyrate (HMB) market is to pitch spearhead insights on market scenario, demand generators and technological advancements in the Hydroxymethyl butyrate (HMB) market.

Also, the study on Hydroxymethyl butyrate (HMB) market addresses key dynamics, which are expected to diversify the sales and future prominence of Hydroxymethyl butyrate (HMB) market.

The report on Hydroxymethyl butyrate (HMB) market begins with an executive overview in which product definition has been provided. The report further proceeds with taxonomy of Hydroxymethyl butyrate (HMB) market elaborating on the key segments.

Also, the report outlines visionary insights on dynamics Hydroxymethyl butyrate (HMB) market including drivers, restraints, opportunities and trends and pricing analysis along with the key buying factors for Hydroxymethyl butyrate (HMB).

Supply chain analysis and pricing analysis of the Hydroxymethyl butyrate (HMB) market along with the difference between Hydroxymethyl butyrate (HMB) used as per applications have also been included in the report to help the readers clearly understand the product framework map in Hydroxymethyl butyrate (HMB) market.

HMB Market Segmentation

Fact.MR has studied the HMB market with detailed segmentation on the basis of purity, application, and key regions.

• By Purity :

  • 98% - 99%
  • Above 99%

• By Application :

  • Sports Supplement
  • Dietary Supplement

• By Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • Middle East & Africa

“This taxonomy prepared is confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than the addressee(s) is unauthorized and prohibited.”