Global Galacto-Oligosaccharide (GOS) Market Estimated to Reach USD 1615.3 Million by 2026

15-Jun-2020 | Facts and Factors

Findings from Facts and Factors report “Galacto-Oligosaccharide (GOS) Market By Product Type (Liquid, Powder), By Function (Prebiotics, Sweetner), By Application (Prebiotic Food and Beverages, Prebiotic Dietary Supplements, Animal Feed, Pharmaceuticals, Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global galacto-oligosaccharide (GOS) market in 2019 was approximately USD 828.2 Million. The market is expected to grow above a CAGR of 10.1% and is anticipated to reach over USD 1615.3 Million by 2026.

Galacto-Oligosaccharide (GOS) Market

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Galacto-oligosaccharides are oligosaccharides comprising of plant sugars linked in chains. GOS can be found naturally in beans, dairy products and few root vegetables. They belong to the group of prebiotics. They are highly stable across different temperature ranges. They also have low calorific value suitable for diabetic patients. The consumers use galacto-oligosaccharides as prebiotics which act as food for essential bacteria in the intestine.

Browse the full “Galacto-Oligosaccharide (GOS) Market By Product Type (Liquid, Powder), By Function (Prebiotics, Sweetner), By Application (Prebiotic Food and Beverages, Prebiotic Dietary Supplements, Animal Feed, Pharmaceuticals, Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" https://www.fnfresearch.com/galacto-oligosaccharide-gos-market-by-product-type-liquid-1173

The galacto-oligosaccharides is among the eight fibres recenlty approved by the FDA. The research and development in the feild has led to innovation of multiple products and functional characteristics. Manufacturers are increasingly grabbing opportunity in wake of widening application of the galacto-oligosaccharides. The neutraceuticals industry is also creating significant demand for galacto-oligosaccharide owing to its high stablity across temperature ranges and low pH value.

The consumption of galacto oligosaccharide in the infant food has been increasing owing to the positive perception for its therapeutics effect on the immunity system and gut health. The rise in the number of lactose resistant individuals continues to grow. The lactose non-persistence have large scale presence among the population. The plant based galacto- oligosaccharides is considered to be highly beneficial in maintaining nutritional balance in the lactose resistant population. The rise in demand for galacto-oligosaccharide in the infant industry is expected to be the primary factor driving the market growth. However, the multiple trials of prebiotic products for the approval from agencies like FDA and FAO is expected to hamper the market growth.

The liquid form of galacto-oligosaccharide is expected to continue the dominance over the forecast period. It is also expected to grow at higher CAGR and maintain major market share globally. The liquid galacto-saccharide is extensively used in food and beverages products. The demand for the powder form of GOS is expected to witness significant rise owing to its rising consumption in the infant food and nutraceuticals.

The North America region is estimated to hold maximum share in the base year. The North America region is expected to continue dominance over the forecast period. The region has wealthy yet health conscious population as well as presence of major players. Additionally, the number of research facilities involved in development of dietary supplements in the region are also higher. The Asia Pacific region is expected to witness significant growth in foreseeable future. The major factors responsible for the expected growth are the rising economic conditions and the expanding pharmaceuticals sector. The Europe market is estimated to remain second largest contributor to the global market revenue.

Report Scope

Report Attribute

Details

Market Size in 2019

USD 828.2 Million

Projected Market Size in 2026

USD 1615.3 Million

CAGR Growth Rate

10.1% CAGR

Base Year

2019

Forecast Years

2020-2026

Key Market Players

Nissin Sugar Co., Ltd., Royal Friesland Campina N.V, Baolingbao Biology Co., Yakult Pharmaceuticals Pvt Ltd, Quantum Hi-Tech (China) Biological Co., Ltd., Ingredion Incorporated, Kerry Inc., New Francisco Biotech Company, Ltd., Samyang and Dairy Crest., and Others

Key Segment

By Product, Type, Application, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Purchase Options

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Major players operating in the global galacto-oligosaccharide (GOS) market covered in this report include

Nissin Sugar Co., Ltd., Royal Friesland Campina N.V, Baolingbao Biology Co., Yakult Pharmaceuticals Pvt Ltd, Quantum Hi-Tech (China) Biological Co., Ltd., Ingredion Incorporated, Kerry Inc., New Francisco Biotech Company, Ltd., Samyang and Dairy Crest.,

This report segments the global galacto-oligosaccharide market as follows:

By Product Type Segmentation Analysis

  • Liquid
  • Powder

By Product Type Segmentation Analysis

  • Prebiotics
  • Sweetner

By Application Segmentation Analysis

  • Prebiotic Food and Beverages
  • Prebiotic Dietary Supplements
  • Animal Feed
  • Pharmaceuticals
  • Others

By Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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