Galacto‐Oligosaccharides (GOS) Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025
Report ID: GMI4031
Galacto-oligosaccharides (GOS) market size may witness a substantial growth during the forecast timeframe. Growth in food and beverage industry owing to changing dietary habits, taste preferences and rising fast food consumption may foster the overall market growth. Rising usage of galacto-oligosaccharides in processed and functional foods may the drive the product demand.
GOS also known as oligogalactose or oligolactose is a collective term used for a group of carbohydrates made up of oligo-galactose, glucose and lactose belonging to the group of prebiotics. Global prebiotics market size was valued at over USD 4 million in 2018, these are indigestible food ingredient which are used to stimulate growth of favorable microorganism in the colon.
GOS usage in baby food products owing to rising infant population and increasing consumer purchase parity may stimulate the overall market growth. The global baby food market size was valued at over USD 50 billion in 2017. Galacto-oligosaccharides is widely utilized in infant food products owing to its prebiotic function which results in increase of bifodobacteria and availability of minerals in infants reducing gastro-intestinal discomfort thereby boosting the market size.
Galacto-oligosaccharides market size from food and beverages should witness significant growth during the foreseeable timeframe owing to its superior properties including pH and thermal stability may fuel product demand. Global food and beverages market size was valued at over USD 105 billion in 2018. Galacto-oligosaccharides are used in pastry, muesli bars, soups and sauces owing to light sweetness and low calories, moreover it does not crystallize even at high concentration thus making it suitable for food products where crystal formation is avoided thereby driving the product demand.
GOS wide application in dairy products owing to rising health consciousness and increasing milk processing capacity may foster the overall market growth. Global yogurt market size may surpass USD 100 billion by the year 2025. Galacto-oligosaccharides are widely used in dairy products including yogurt, butter and cheese to improve their shelf life and as a nutritional additive, which in turn accelerate the product demand.
Galacto-oligosaccharides is widely used in elderly nutrition and sports and nutritional supplements as it helps in improving gut health and boosting immunity. The product is GRAS approved from the U.S FDA. EFSA also substantiated the health claims related to product about relief in gastro- intestinal discomfort and reduction in pathogenic microorganisms thereby boosting the market growth.
North America led by Canada, Mexico and the U.S galacto-oligosaccharides market demand should register a significant growth by the year 2025. Rising demand for Infant formula and baby food products owing to rising health awareness and increasing disposable income are the key factors which may drive the regional market growth. U.S Infant formula market size should be valued at over USD 2 billion in 2019. Increasing number of working women in the region who prefer readymade formula milk and growing trends towards adoption of organic baby foods are the major contributors towards the regional market growth.
Europe galacto-oligosaccharides market size driven by Spain, UK, Italy, France and Germany should witness a significant growth during the foreseeable timeframe. Growing consumer health consciousness and willingness to spend on dietary supplements may augment the product growth. Europe dietary supplements market size may surpass USD 25 billion by 2025. Moreover, rising geriatric population in the region may drive demand for various dietary supplements as they suffer from various age-related ailments and are prone to malnutrition owing to eating disorders arising from old age, thereby driving the regional GOS demand.
Asia Pacific driven by India, Japan and China galacto-oligosaccharides market size should see a substantial growth during the forecast time period. Rising demand for dairy products owing to increasing consumer awareness regarding nutritional values of dairy products and high consumption of these products may stimulate the regional market growth. India dairy sector is likely to surpass USD 150 billion by the year 2025. Moreover, rising demand among consumers, particularly the young generation towards new flavors and preference towards dairy proteins may impact the dairy product innovations, thereby driving the regional industry growth.
Global GOS market share is fragmented owing to presence of several manufacturers. Companies like Clasado BioSciences, Frieslandcampina, Yakult Pharmaceutical Industry, Nissin Sugar, Ingredion, Kerry Group and Samyang are the key market players.
Galacto-Oligosaccharides Market, By Source, 2014-2025 (Tons) (USD Million)
Galacto-Oligosaccharides Market, By Form, 2014-2025 (Tons) (USD Million)
Galacto-Oligosaccharides Market, By Application, 2014-2025 (Tons) (USD Million)
- Food & Beverages
- Bakery Products
- Dairy Products
- Dietary Supplements
- Infant Formula
- Elderly Nutrition
- Sports & Clinical Supplements
The above information is provided for the following regions and countries:
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East & Africa
- South Africa
- Saudi Arabia
- Clasado BioSciences
- Yakult Pharmaceutical Industry
- Nissin Sugar
- Kerry Group
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