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The Global Galacto-oligosaccharides (GOS) market size is estimated to grow by USD 746.25 million at a CAGR of 10.29% between 2023 and 2028.
Galacto-oligosaccharides are prebiotics and non-digestible food ingredients that beneficially affect the host by stimulating the growth and/or activity of beneficial bacteria in the gut. The raised activity of these health-promoting bacteria results in several effects (directly by the bacteria themselves or indirectly by the organic acids they produce via fermentation). Such effects primarily include the stimulation of immune functions, the absorption of essential nutrients, the production of powerful anti-oxidant H2 gas, and the synthesis of certain vitamins and minerals, such as calcium, magnesium, iron, and zinc. Thus, owing to their health benefits, galacto-oligosaccharides are being used in applications such as prebiotics and nutritional supplements in the healthcare industry. This is expected to propel the growth of the global galacto-oligosaccharide market during the forecast period.
Technavio has segmented the market into Product, Application, and Geography
It also includes an in-depth analysis of drivers, trends, and challenges. Our report examines historical data from 2018-2022, besides analyzing the current market scenario.
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The market share growth by the syrup segment will be significant during the forecast period. Galacto-oligosaccharide syrups are easy to consume, even by children, and have high solubility. The syrup form is preferred to the powder form as it easily dissolves during intake and can be easily mixed with food products. The other advantages of using galacto-oligosaccharides in the syrup form include easy to dispense, suitable for products that have an unpleasant taste or odor, and a higher rate of bioavailability compared with the same nutrients.
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The syrup segment was valued at USD 470.85 million in 2018. Although the syrup form is preferred to the powder form, the sedimentation of solids occasionally leads to the poor form of products. This results in caking (formation of compact mass), which further hardens the process of dispensing the syrup form. Moreover, sometimes, microbial contamination takes place if preservatives are not added in the required proportion. These limitations are expected to hinder the growth of the syrup segment of the galacto?oligosaccharides (GOS) market to an extent, thereby moderating the growth of the global galacto?oligosaccharides market during the forecast period.
The global galacto-oligosaccharide market has grown significantly, with food and beverages emerging as the primary application segment. Prebiotic galacto-oligosaccharide has grown in popularity due to its benefits for digestive health. In the food industry, it is utilized to improve nutritional profiles, supporting intestinal health, particularly in baby formula. Furthermore, growing customer preference for nutrient-dense, gut-friendly options is reflected in the increased integration of galacto-oligosaccharide into a wide range of food and beverage items, thereby increasing the demand for galacto-oligosaccharide from the food and beverages application segment. Owing to these factors, the global galacto-oligosaccharide market is expected to witness growth during the forecast period.
The need for dietary supplements as an application has greatly improved across the globe. Dietary supplement manufacturers include galacto-oligosaccharide in their products due to increased concerns about digestive health and consumer desire for natural and functional ingredients. As a prebiotic component that encourages the development of good gut flora, galacto-oligosaccharide has grown in popularity. Due to such factors, the adoption of galacto-oligosaccharide is expected to grow from the dietary supplement applications, which will drive the growth of the global galacto-oligosaccharide market during the forecast period.
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Europe is estimated to contribute 41% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that will shape the market during the forecast period. The largest share of Europe can be directly attributed to the rising sales of prebiotic foods in the region. In addition, owing to the presence of various regional and global players, the galacto-oligosaccharide market in Europe is substantially fragmented. Germany, France, the UK, Spain, and the Netherlands are the major markets for sauces in Europe.
The growing popularity of ready-to-use healthy infant foods among European consumers is leading to an increase in the demand for various infant formulations in the region, including prebiotics such as galacto-oligosaccharides. Moreover, the adoption of prebiotics and galacto-oligosaccharides has been positively influenced by the premiumization trend, wherein the manufacturers of dietary supplements and foods focus on introducing premium, organic, and natural ingredients-based products positioned in the premium category. Hence, such factors are expected to drive galacto?oligosaccharides market growth in this region during the forecast period.
The outbreak of COVID-19 in 2020 had a negative impact on the galacto?oligosaccharides market in Europe. However, in 2021, the initiation of large-scale vaccination drives?lifted the lockdown and travel restrictions, which led to the resumption of supply chain activities. Furthermore, government organizations such as the European Commission are supporting research and development in functional foods. These factors are expected to drive the growth of the regional market during the forecast period.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market. The report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Baolingbao Biology Co. Ltd.: The company offers galacto oligosaccharide are soluble non digestible carbohydrates.
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
There are multiple factors influencing market growth. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges.
The growing popularity of e-commerce in the healthcare industry is the key factor driving market growth. The use of e-commerce to distribute and sell prebiotics, such as galacto-oligosaccharides is increasing. The e-commerce sector is expected to grow significantly in the coming years, mainly due to the benefits offered by e-commerce solutions. E-commerce offers convenience to people who are unwilling or unable to purchase products from retail stores or pharmacies. The rising penetration of the Internet has increased the sales of galacto-oligosaccharides through online stores across the world.
Nowadays, Amazon is one of the leading e-commerce platforms that sell galacto-oligosaccharide products across the world. Major vendors in the global galacto-oligosaccharide market sell their products through their own websites and other specialized e-commerce websites. Therefore, the rapid growth of e-commerce is expected to significantly contribute to the growth of the global galacto-oligosaccharide market during the forecast period.
Growing nutritional needs of the elderly population is the primary trend shaping market growth. Constipation is one of the common problems faced by the elderly population, and it can reduce the quality of life for them. Galacto-oligosaccharides are known to improve stool frequency and relieve the symptoms related to constipation. Galacto-oligosaccharides are effective in managing constipation. Globally, the elderly population is increasing at a rapid rate.
Moreover, low doses of galacto-oligosaccharides are recommended for a bifidogenic effect in the elderly population. In addition, as per the World Bank Group and the National Institutes of Health, the proportion of the geriatric population in the global population is expected to grow approximately 17% by 2050. Therefore, the increase in the geriatric population globally is expected to support the growth of the global galacto-oligosaccharide market.
The relatively high cost of galacto-oligosaccharide products is a challenge that affects market growth. Galacto-oligosaccharides are some of the major prebiotics synthesized from lactose. There are many processes involved in the industrial production of galacto-oligosaccharides, using beta-galactosidase as a catalyst. However, economic and technical analyses for the same are rarely known. Economical procedures for the synthesis of galacto-oligosaccharides are still under development.
Moreover, although galacto-oligosaccharides have the potential to treat various chronic diseases, such as diabetes and ulcerative colitis, the high cost of these products is reducing patient adherence to them. Thus, the relatively high cost of galacto-oligosaccharides is expected to hinder the growth of the global galacto-oligosaccharide market during the forecast period.
The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Galacto-oligosaccharide Market Customer Landscape
The galacto-oligosaccharide market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.
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Galacto-oligosaccharide Market Scope |
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Report Coverage |
Details |
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Page number |
161 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 10.29% |
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Market Growth 2024-2028 |
USD 746.25 million |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
10.08 |
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Regional analysis |
Europe, North America, Asia, and Rest of World (ROW) |
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Performing market contribution |
Europe at 41% |
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Key countries |
US, UK, Germany, France, and China |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Baolingbao Biology Co. Ltd., Biofermen Pvt. Ltd., Clasado Ltd., Danone SA, Fonterra Cooperative Group Ltd., Informa PLC, Ingredion Inc., Kerry Group Plc, Lactose India Ltd., MEGMILK SNOW BRAND Co. Ltd., NATVIE Healthcare Ltd., Quantum Hi Tech China Biological Co. Ltd., Royal FrieslandCampina NV, Saputo Inc., Sumitomo Corp., Taiwan Fructose Co. Ltd., Van Wankum Ingredients BV, Vitalus Nutrition Inc., and Yakult Honsha Co. Ltd. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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