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Galacto-Oligosaccharide (GOS) Market Size, Share Global Analysis Report, 2020–2026
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 Forecast 2020–2026
Industry Insights
[175+ Pages Report] According to the report published by Facts Factors, the global galacto-oligosaccharide (GOS) market size was worth around USD 828.2 Million in 2019 and is predicted to grow to around USD 1615.3 Million by 2026 with a compound annual growth rate (CAGR) of roughly 10.1% between 2020 and 2026. The report analyzes the global galacto-oligosaccharide (GOS) market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the galacto-oligosaccharide (GOS) market.
The galacto-oligosaccharide (GOS) market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire galacto-oligosaccharide (GOS) market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (Million) from FY 2016 – 2026.
Key Insights from Primary Research
- Wide-ranging interviews with CXOs of the major companies operating in the global galacto-oligosaccharide market, the primary research analysis predicts that the global galacto-oligosaccharide market to witness exponential growth of nearly 10.1% over the forecast period.
- In the year 2019, the market was valued at approximately USD 828.2 Million, 2019 and is expected to be valued at over USD 1615.3 Million by 2026.
- On the basis of the application segment, prebiotic food and beverages are expected to continue to occupy a significant market share during the forecast period. Prebiotic food and beverages are also expected to witness the highest CAGR during the forecast period.
- North America region is expected to be the largest revenue-generating region for galacto-oligosaccharide over the forecast period. The North American market is also expected to exhibit the highest growth in the global galacto-oligosaccharide market.
Key Recommendations from Analysts
- Our analysts recommend an increased focus on the Asia Pacific market as it has great potential for market growth. The presence of highly populous economies like China and India provides immense potential for growth in the region.
- Strategic developments such as regional expansion and product innovations by the major companies are likely to boom the global galacto-oligosaccharide sale over the upcoming years.
- Our analysts recommend that the Asia Pacific region is predicted to witness significant growth attributed to the growing demand for galacto-oligosaccharide from China and India.
- Rising economic conditions, high disposable incomes, and a large population in the Asia Pacific region are anticipated to fuel the food and beverage and pharmaceutical industries thereby propelling the galacto-oligosaccharide market growth over the foreseeable future.
- North America and the European region are expected to remain the primary source of significant revenue during the studied period. Regional dominance in these regions is expected to provide additional capital capabilities for expansion beyond the borders.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the galacto-oligosaccharide (GOS) industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the galacto-oligosaccharide (GOS) industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the galacto-oligosaccharide (GOS) market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the galacto-oligosaccharide (GOS) industry. The galacto-oligosaccharide (GOS) market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the galacto-oligosaccharide (GOS) sector. Key strategic developments in the galacto-oligosaccharide (GOS) market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the galacto-oligosaccharide (GOS) market are appropriately highlighted in the report.
The rising usage of galacto-oligosaccharide in infant nutrition products by the food and beverages industry has been the major driving factor for the growth of galacto-oligosaccharide market. The perception of the therapeutic effect on immunity development and gut health has led to increase in the demand for GOS.
Additionally, the FDA approval is expected to play important role in the market expansion of GOS in the near future. The use of galacto-oligosaccharides in nutraceuticals is also providing promising growth for the global GOS market.
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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The galacto-oligosaccharide (GOS) market research report delivers an acute valuation and taxonomy of the galacto-oligosaccharide (GOS) industry by practically splitting the market based on application and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the galacto-oligosaccharide (GOS) industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the galacto-oligosaccharide (GOS) industry is provided for the leading economies of the world.
The galacto-oligosaccharide (GOS) market is segmented based on product, function, application, and region. On the basis of product, the market is segmented into liquid and powder. In terms of function, the market is segmented into prebiotics and sweeteners. On the basis of application, the market is classified into prebiotic food and beverages, prebiotic dietary supplements, animal feed, pharmaceuticals, and others.
Some of the essential players operating in the galacto-oligosaccharide (GOS) market, but not restricted to include:
- Royal Friesland Campina N.V
- Yakult Pharmaceuticals Pvt Ltd
- Baolingbao Biology Co.
- Nissin Sugar Co. Ltd.
- Kerry Inc.
- Quantum Hi-Tech (China) Biological Co. Ltd.
- Ingredion Incorporated
- Dairy Crest.
- New Francisco Biotech Company Ltd. and
- Samyang Corporation.
The taxonomy of the galacto-oligosaccharide (GOS) industry by its scope and segmentation is 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
Global Galacto-Oligosaccharide (GOS) Market: Regional Segmentation Analysis
- North America
- The U.S. `
- Canada
- Europe
- Germany
- The UK
- France
- Spain
- 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
Table of Content
Industry Major Market Players
- Royal Friesland Campina N.V
- Yakult Pharmaceuticals Pvt Ltd
- Baolingbao Biology Co.
- Nissin Sugar Co. Ltd.
- Kerry Inc.
- Quantum Hi-Tech (China) Biological Co. Ltd.
- Ingredion Incorporated
- Dairy Crest.
- New Francisco Biotech Company Ltd. and Samyang Corporation.
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