Galacto-oligosaccharide Market Analysis Europe, North America, Asia, Rest of World (ROW) - US, UK, Germany, France, China - Size and Forecast 2024-2028

Published: Nov 2023 Pages: 161 SKU: IRTNTR44881

Galacto-Oligosaccharides (GOS) Market 2024-2028

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, they 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 market during the forecast period.

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.

What will be the size of the Galacto-oligosaccharide Market During the Forecast Period?

To learn more about this report, Request Free Sample

Market Segmentation by Product, Application, and Geography Analysis

Product Analysis 

The market share growth by the syrup segment will be significant during the forecast period. These 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 these 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. 

Get a glance at the market contribution of various segments Download the PDF Sample

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.

Application Analysis

Food and beverages

The global market has grown significantly, with food and beverages emerging as the primary application segment. Prebiotic 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 these into a wide range of food and beverage items, thereby increasing the demand from the food and beverages application segment. Owing to these factors, the global market is expected to witness growth during the forecast period.

Dietary supplements

The need for dietary supplements as an application has greatly improved across the globe. Dietary supplement manufacturers include these 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, these has grown in popularity. Due to such factors, the adoption of these is expected to grow from the dietary supplement applications, which will drive the growth of the global market during the forecast period. 

Regional Analysis

For more insights about the market share of various regions Download PDF Sample now!

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 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. Moreover, the adoption of prebiotics and these 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 market growth in this region during the forecast period. 

Buy the Full Report Now

Key Market Players 

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?oligosaccharides that are soluble non digestible carbohydrates.

  • 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.
  • Yakult Honsha Co. Ltd.

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.

Market Dynamics

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. 

Key Drivers

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 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 through online stores across the world. 

Nowadays, Amazon is one of the leading e-commerce platforms that sell these products across the world. Major companies in the global 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 market during the forecast period.

Significant Trends

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. These are known to improve stool frequency and relieve the symptoms related to constipation. These are effective in managing constipation. Globally, the elderly population is increasing at a rapid rate.

Moreover, low doses of these 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 market. 

Major Challenges

The relatively high cost of galacto-oligosaccharide products is a challenge that affects market growth. These are some of the major prebiotics synthesized from lactose. There are many processes involved in the industrial production of these, using beta-galactosidase as a catalyst. However, economic and technical analyses for the same are rarely known. Economical procedures for the synthesis of these are still under development.

Moreover, although these 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 these is expected to hinder the growth of the global market during the forecast period.

Buy Now Full Report

KeyMarket Customer Landscape

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 Market Customer Landscape

Segment Overview

The market research 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. 

  • Product Outlook
    • Syrup
    • Powder
  • Application Outlook
    • Food and beverages
    • Dietary supplements
    • Others
  • Region Outlook
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • Asia
      • China
      • India
    • Rest of World (ROW)
      • Argentina
      • Brazil 
      • Australia

Market Analyst Overview

The market is experiencing growth due to its diverse applications in the food and beverage business and medical items. Derived from cow's milk, it is particularly beneficial for infants, as it helps prevent premature births and supports the health of the aging population. This is also used in animal feed and convenience foods, as well as in functional foods and beverages such as cereals, sweets, meat substitutes, and baked goods. It is even used in cosmetics. The market is driven by the increasing newborn population and the demand for ready-to-eat meals. Its consumption has been linked to lowering blood pressure and reducing the risk of diabetes-related illnesses, making it a popular ingredient in confectionery goods.

Market Scope

Report Coverage

Details

Page number

161

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 10.29%

Market Growth 2024-2028

USD 746.25 million

Market structure

Fragmented

YoY growth 2023-2024(%)

10.08

Regional analysis

Europe, North America, Asia, and Rest of World (ROW)

Performing market contribution

Europe at 41%

Key countries

US, UK, Germany, France, and China

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

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.

Market dynamics

Parent market analysis, Market Forecasting, 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. 

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.

Download Sample PDF at your Fingertips

What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global galacto-oligosaccharide market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global galacto-oligosaccharide market 2018 - 2022 ($ million)
    • 4.2 Product Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Product Segment 2018 - 2022 ($ million)
    • 4.3 Application Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Application Segment 2018 - 2022 ($ million)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Product - Market share 2023-2028 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 Syrup - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Syrup - Market size and forecast 2023-2028 ($ million)
      • Exhibit 35: Data Table on Syrup - Market size and forecast 2023-2028 ($ million)
      • Exhibit 36: Chart on Syrup - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Syrup - Year-over-year growth 2023-2028 (%)
    • 6.4 Powder - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Powder - Market size and forecast 2023-2028 ($ million)
      • Exhibit 39: Data Table on Powder - Market size and forecast 2023-2028 ($ million)
      • Exhibit 40: Chart on Powder - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Powder - Year-over-year growth 2023-2028 (%)
    • 6.5 Market opportunity by Product
      • Exhibit 42: Market opportunity by Product ($ million)
      • Exhibit 43: Data Table on Market opportunity by Product ($ million)

    7 Market Segmentation by Application

    • 7.1 Market segments
      • Exhibit 44: Chart on Application - Market share 2023-2028 (%)
      • Exhibit 45: Data Table on Application - Market share 2023-2028 (%)
    • 7.2 Comparison by Application
      • Exhibit 46: Chart on Comparison by Application
      • Exhibit 47: Data Table on Comparison by Application
    • 7.3 Food and beverages - Market size and forecast 2023-2028
      • Exhibit 48: Chart on Food and beverages - Market size and forecast 2023-2028 ($ million)
      • Exhibit 49: Data Table on Food and beverages - Market size and forecast 2023-2028 ($ million)
      • Exhibit 50: Chart on Food and beverages - Year-over-year growth 2023-2028 (%)
      • Exhibit 51: Data Table on Food and beverages - Year-over-year growth 2023-2028 (%)
    • 7.4 Dietary supplements - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Dietary supplements - Market size and forecast 2023-2028 ($ million)
      • Exhibit 53: Data Table on Dietary supplements - Market size and forecast 2023-2028 ($ million)
      • Exhibit 54: Chart on Dietary supplements - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Dietary supplements - Year-over-year growth 2023-2028 (%)
    • 7.5 Others - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Others - Market size and forecast 2023-2028 ($ million)
      • Exhibit 57: Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Exhibit 58: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 7.6 Market opportunity by Application
      • Exhibit 60: Market opportunity by Application ($ million)
      • Exhibit 61: Data Table on Market opportunity by Application ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 64: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 Europe - Market size and forecast 2023-2028
      • Exhibit 67: Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 68: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 69: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 70: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.4 North America - Market size and forecast 2023-2028
      • Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.5 Asia - Market size and forecast 2023-2028
      • Exhibit 75: Chart on Asia - Market size and forecast 2023-2028 ($ million)
      • Exhibit 76: Data Table on Asia - Market size and forecast 2023-2028 ($ million)
      • Exhibit 77: Chart on Asia - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on Asia - Year-over-year growth 2023-2028 (%)
    • 9.6 Rest of World (ROW) - Market size and forecast 2023-2028
      • Exhibit 79: Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
      • Exhibit 80: Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
      • Exhibit 81: Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
    • 9.7 US - Market size and forecast 2023-2028
      • Exhibit 83: Chart on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 84: Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 85: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.8 UK - Market size and forecast 2023-2028
      • Exhibit 87: Chart on UK - Market size and forecast 2023-2028 ($ million)
      • Exhibit 88: Data Table on UK - Market size and forecast 2023-2028 ($ million)
      • Exhibit 89: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.9 Germany - Market size and forecast 2023-2028
      • Exhibit 91: Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 92: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 93: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.10 China - Market size and forecast 2023-2028
      • Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.11 France - Market size and forecast 2023-2028
      • Exhibit 99: Chart on France - Market size and forecast 2023-2028 ($ million)
      • Exhibit 100: Data Table on France - Market size and forecast 2023-2028 ($ million)
      • Exhibit 101: Chart on France - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on France - Year-over-year growth 2023-2028 (%)
    • 9.12 Market opportunity by geography
      • Exhibit 103: Market opportunity by geography ($ million)
      • Exhibit 104: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 105: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 107: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 108: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 109: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 110: Matrix on vendor position and classification
            • 12.3 Baolingbao Biology Co. Ltd.
              • Exhibit 111: Baolingbao Biology Co. Ltd. - Overview
              • Exhibit 112: Baolingbao Biology Co. Ltd. - Product / Service
              • Exhibit 113: Baolingbao Biology Co. Ltd. - Key offerings
            • 12.4 Clasado Ltd.
              • Exhibit 114: Clasado Ltd. - Overview
              • Exhibit 115: Clasado Ltd. - Product / Service
              • Exhibit 116: Clasado Ltd. - Key offerings
            • 12.5 Danone SA
              • Exhibit 117: Danone SA - Overview
              • Exhibit 118: Danone SA - Business segments
              • Exhibit 119: Danone SA - Key news
              • Exhibit 120: Danone SA - Key offerings
              • Exhibit 121: Danone SA - Segment focus
            • 12.6 Fonterra Cooperative Group Ltd.
              • Exhibit 122: Fonterra Cooperative Group Ltd. - Overview
              • Exhibit 123: Fonterra Cooperative Group Ltd. - Business segments
              • Exhibit 124: Fonterra Cooperative Group Ltd. - Key offerings
              • Exhibit 125: Fonterra Cooperative Group Ltd. - Segment focus
            • 12.7 Ingredion Inc.
              • Exhibit 126: Ingredion Inc. - Overview
              • Exhibit 127: Ingredion Inc. - Business segments
              • Exhibit 128: Ingredion Inc. - Key news
              • Exhibit 129: Ingredion Inc. - Key offerings
              • Exhibit 130: Ingredion Inc. - Segment focus
            • 12.8 Kerry Group Plc
              • Exhibit 131: Kerry Group Plc - Overview
              • Exhibit 132: Kerry Group Plc - Business segments
              • Exhibit 133: Kerry Group Plc - Key offerings
              • Exhibit 134: Kerry Group Plc - Segment focus
            • 12.9 Lactose India Ltd.
              • Exhibit 135: Lactose India Ltd. - Overview
              • Exhibit 136: Lactose India Ltd. - Product / Service
              • Exhibit 137: Lactose India Ltd. - Key offerings
            • 12.10 MEGMILK SNOW BRAND Co. Ltd.
              • Exhibit 138: MEGMILK SNOW BRAND Co. Ltd. - Overview
              • Exhibit 139: MEGMILK SNOW BRAND Co. Ltd. - Product / Service
              • Exhibit 140: MEGMILK SNOW BRAND Co. Ltd. - Key offerings
            • 12.11 Quantum Hi Tech China Biological Co. Ltd.
              • Exhibit 141: Quantum Hi Tech China Biological Co. Ltd. - Overview
              • Exhibit 142: Quantum Hi Tech China Biological Co. Ltd. - Product / Service
              • Exhibit 143: Quantum Hi Tech China Biological Co. Ltd. - Key offerings
            • 12.12 Royal FrieslandCampina NV
              • Exhibit 144: Royal FrieslandCampina NV - Overview
              • Exhibit 145: Royal FrieslandCampina NV - Business segments
              • Exhibit 146: Royal FrieslandCampina NV - Key news
              • Exhibit 147: Royal FrieslandCampina NV - Key offerings
              • Exhibit 148: Royal FrieslandCampina NV - Segment focus
            • 12.13 Saputo Inc.
              • Exhibit 149: Saputo Inc. - Overview
              • Exhibit 150: Saputo Inc. - Business segments
              • Exhibit 151: Saputo Inc. - Key news
              • Exhibit 152: Saputo Inc. - Key offerings
              • Exhibit 153: Saputo Inc. - Segment focus
            • 12.14 Sumitomo Corp.
              • Exhibit 154: Sumitomo Corp. - Overview
              • Exhibit 155: Sumitomo Corp. - Business segments
              • Exhibit 156: Sumitomo Corp. - Key news
              • Exhibit 157: Sumitomo Corp. - Key offerings
              • Exhibit 158: Sumitomo Corp. - Segment focus
            • 12.15 Taiwan Fructose Co. Ltd.
              • Exhibit 159: Taiwan Fructose Co. Ltd. - Overview
              • Exhibit 160: Taiwan Fructose Co. Ltd. - Product / Service
              • Exhibit 161: Taiwan Fructose Co. Ltd. - Key offerings
            • 12.16 Vitalus Nutrition Inc.
              • Exhibit 162: Vitalus Nutrition Inc. - Overview
              • Exhibit 163: Vitalus Nutrition Inc. - Product / Service
              • Exhibit 164: Vitalus Nutrition Inc. - Key offerings
            • 12.17 Yakult Honsha Co. Ltd.
              • Exhibit 165: Yakult Honsha Co. Ltd. - Overview
              • Exhibit 166: Yakult Honsha Co. Ltd. - Business segments
              • Exhibit 167: Yakult Honsha Co. Ltd. - Key offerings
              • Exhibit 168: Yakult Honsha Co. Ltd. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 169: Inclusions checklist
                • Exhibit 170: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 171: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 172: Research methodology
                • Exhibit 173: Validation techniques employed for market sizing
                • Exhibit 174: Information sources
              • 13.5 List of abbreviations
                • Exhibit 175: List of abbreviations

              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

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              galacto-oligosaccharide market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis