Galacto-oligosaccharide (GOS) Market Size To Reach USD 1.47 Billion By 2026 With CAGR 9.7%

Research Reports

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Posted on July 31, 2021

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The Global Galacto-oligosaccharide (GOS) Market is forecasted to reach USD 1.47 Billion by 2026, according to a new report by Reports and Data.

Galacto-oligosaccharide (GOS) is forecasted to grow over the forecast period owing to the rising focus in quality of food and beverage. It increases shelf life by reducing microbial contamination. GOS is stable in various other temperature ranges. Presence of low calorific value of GOS makes it suitable for use by people suffering from diabetes.

Confectionaries products, milk products, beverages, and bread uses Galacto-oligosaccharide (GOS) for its low-calorie sweeteners. Nutritional content present in it is similar to that of human milk and is used for formulation in human milk thus driving the growth of the market.

Europe holds the largest market share followed by the Asia Pacific and North America regions. Investment in R&D by developed countries for the development of high purity and more efficient mixtures to fulfill the demand of the increasing population. This is forecasted to boost the market in this region during the forecast period. The shift in the trend for breakfast cereals instead of a homemade meal for health reasons is driving the market in emerging nations such as India and China.

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Key participants include Yakult Honsha, Royal FrieslandCampina, Ingredion group of companies, First Milk Ltd., Taiwan Fructose, WuXi AppTec, Kowa Europe GmbH, Nissin Sugar Co., Ltd., Samyang, and Kerry Group among

For the purpose of this report, Reports and Data have segmented the global Galacto-oligosaccharide (GOS) Market on the basis of Source, Formulation, Application, and Region:

Source Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2026)

Microorganisms
Plants
Animals

Formulation Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2026)

Tablets
Capsules
Powder
Liquid
Softgels

Application Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2026)

Dairy Product
Food Supplements
Beverages
Infant Formulas
Bakery and Confectionary
Other Applications

Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2026)

North America
- U.S.
Europe
- UK
- France
Asia Pacific
- China
- India
- Japan
MEA
Latin America
- Brazil

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Further key findings from the report suggest

Urbanization and changing lifestyle, diet plans and uneven meal times are leading to the prevalence of chronic diseases. This has urged companies to invest in new products, such as Galacto-oligosaccharide (GOS).
Some of the notable trends that are affecting the market growth are the increasing interest towards higher fiber consumption, growing obesity concern, coupled with the growing trend of burning surplus calories
Dairy products hold the largest market share of 20% in the year 2018, and Bakery and Confectionary holds a market share of 14% in the year 2018.
Food supplements have an annual growth rate of 10.5% throughout the forecast period. Various food manufacturers are focusing on e-commerce to cater to the global demand.
Infant formula holds the largest market share of 24% in the year 2026 with an annual growth rate of 10.3% throughout the forecast period.
On the basis of Source, the market is segmented into Microorganisms, Plant, and Animals.
Plants sugar, certain root vegetables, and beans are some plant sources where Galacto-oligosaccharide (GOS) can be derived from. Plants hold a market share of 37% in the year 2018.
On the basis of Formulation, the market is segmented into Tablets, Capsules, Powder, Liquid, and Softgels.
Powder holds the largest market share of 30% in the year 2018. Powdered Galacto-oligosaccharide (GOS) is used in the infant formula extensively and hence occupies the largest market share.
Rise in awareness among consumers who are interested in adopting a healthy diet will encourage the growth of the market in the coming years.
Europe dominates the market owing to the growing old age population and increasing the manufacture of infant formula.
High research and development in the market coupled with the entry of numerous food and pharma companies into nutrition and health product developments is forecasted to boost the growth of the market

Uses of this Report:

This report gives an up-to-date view of the Global Galacto-oligosaccharide (GOS) Market
Gives forecast with current market regulations put on the market and how it will affect the market’s future.
It provides a six-year forecast based on how the market is expected to grow.
It helps in understanding the key product segments and their prospects.
It provides a detailed analysis of changing competition dynamics and gives you a head start.
It enables one to make better business decisions by having complete insights of market and by making meticulous findings for markets prospects.
PESTEL analysis of the market in the five major regions.

To know more about the report @ https://www.reportsanddata.com/report-detail/galacto-oligosaccharide-gos-market

Thank you for reading this article. You can also get chapter-wise sections or region-wise report coverage for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

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About Reports and Data

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