PUBLISHER: The Business Research Company | PRODUCT CODE: 1526966
PUBLISHER: The Business Research Company | PRODUCT CODE: 1526966
Galacto-oligosaccharides (GOS) are short chains of galactose molecules, known as prebiotic fibers derived from lactose found in milk. They undergo an enzymatic process to be produced. GOS are recognized for their ability to stimulate the growth of beneficial gut bacteria such as bifidobacteria and lactobacilli, leading to improved digestive health and a stronger immune system. These fibers are often added to infant formulas, dietary supplements, and functional foods to promote gut health, support immunity, and enhance calcium absorption.
The primary forms of galacto-oligosaccharides are liquid and powder. Liquid GOS is a prebiotic fiber dissolved in a liquid medium, utilized in various food and beverage applications. It is sourced from plants, animals, and microorganisms and serves different functions such as prebiotic and sweetening agents in food and beverages, pharmaceuticals, personal care products, animal feed, and other industries.
The galacto-oligosaccharide market research report is one of a series of new reports from The Business Research Company that provides galacto-oligosaccharide market statistics, including the galacto-oligosaccharide industry global market size, regional shares, competitors with galacto-oligosaccharide market share, detailed galacto-oligosaccharide market segments, market trends, and opportunities, and any further data you may need to thrive in the galacto-oligosaccharide industry. These galacto-oligosaccharide market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The galacto-oligosaccharide market size has grown strongly in recent years. It will grow from $0.78 billion in 2023 to $0.85 billion in 2024 at a compound annual growth rate (CAGR) of 9.3%. The growth observed in the historic period can be attributed to several factors, including increased health awareness among consumers, rising demand for prebiotics, extensive research on gut health, expansion of applications in functional foods and beverages, growing demand for functional foods, growth in the infant nutrition sector, and heightened consumer interest in gut health.
The galacto-oligosaccharide market size is expected to see strong growth in the next few years. It will grow to $1.22 billion in 2028 at a compound annual growth rate (CAGR) of 9.4%. In the forecast period, growth is expected to be driven by increasing consumer awareness of the benefits of gut health, rising demand for prebiotics in functional foods, expanding applications in infant nutrition, increased investment in research and development for health supplements, growing preference for natural and clean-label ingredients, and the rising prevalence of digestive disorders. Major trends anticipated during this time include advancements in production technology, food and beverage formulations, food technology, prebiotic research, and product formulations.
The galacto-oligosaccharide market is poised for growth due to the increase in premature births. Premature birth, occurring before the standard 37 weeks of gestation, can lead to health challenges due to incomplete organ and system development. Factors contributing to premature births include delayed maternal age, lifestyle choices, medical interventions, and underlying health conditions. Galacto-oligosaccharides (GOS) play a role in minimizing preterm birth by fostering a healthy gut microbiota, which in turn can reduce inflammation and improve pregnancy outcomes. For example, the Office for National Statistics reported in January 2023 that the proportion of preterm live births rose from 7.4% in 2020 to 7.5% in 2021, highlighting the increasing trend in premature births and driving the demand for galacto-oligosaccharides.
Leading companies in the galacto-oligosaccharide market are concentrating on advancing the enzymatic synthesis process in GOS production to enhance efficiency, optimize yields, and improve product quality. Enzymatic synthesis involves using enzymes to convert lactose into galacto-oligosaccharides, resulting in better prebiotic benefits. For instance, FrieslandCampina Ingredients launched Biotis GOS-OP in June 2022, which boasts a higher concentration of accessible GOS with a content of 94%, surpassing typical ranges found in other prebiotics. This innovation offers a prebiotic supplement with exceptional purity, reduced lactose levels, and formulation flexibility, catering to the gut health supplement sector's needs.
In February 2021, International Flavors & Fragrances Inc. (IFF) merged with DuPont's Nutrition & Biosciences for $45.4 billion. This strategic move creates a global leader in ingredients and solutions, serving consumer-focused markets such as food and beverage, home and personal care, and health and wellness. DuPont's Nutrition & Biosciences division focuses on developing high-value ingredients and solutions for the food and beverage industry, including galacto-oligosaccharide fiber and lactose-free dairy products.
Major companies operating in the galacto-oligosaccharide market are Cargill Incorporated, Royal Friesland Campina, Fonterra Cooperative Group Limited, Saputo Dairy UK, DuPont De Nemours, DSM, Kerry Group plc, Wacker Chemie AG, Ingredion Incorporated, Meiji Holdings Co. Ltd., Morinaga Milk Industry Co. Ltd., Yakult Honsha Co. Ltd., Samyang Corporation, Tate & Lyle, Nissin Sugar Co. Ltd., BENEO, Danone India, Biosynth, Clasado Biosciences, AIDP Inc., ZuChem Inc., Inbiose NV, VW-Ingredients, Lactose India Limited, Bioven Ingredients
Europe was the largest region in the galacto-oligosaccharide market in 2023. The regions covered in the galacto-oligosaccharide market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the galacto-oligosaccharide market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The galacto-oligosaccharide market consists of sales of functional foods, dietary supplements, and infant formulas. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Galacto-Oligosaccharide Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on galacto-oligosaccharide market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for galacto-oligosaccharide ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The galacto-oligosaccharide market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.