Industry Background:
Galactooligosaccharides are non-digestible food ingredients and belong to a group of prebiotics. The Galactooligosaccharides market has high growth prospects owing to the increasing prevalence of gastrointestinal tract disorders and the growing geriatric population. Moreover, rising health concerns among individuals and increasing applications in dairy products are expected to drive the demand for the galactooligosaccharides market over the forecasted period.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Yakult Pharmaceuticals Pvt Ltd (Japan), Nissin Sugar Co., Ltd. (Japan), Ingredion Incorporated (United States), Kerry Inc. (Ireland), Quantum Hi-Tech Biological Co., Ltd. (China), Dairy Crest. (United Kingdom), Baolingbao Biology Co., Ltd. (China), Samyang Corporation (South Korea) and New Francisco Biotech Company (Taiwan) |
This growth is primarily driven by Rising Instances of Gastrointestinal Tract Disorders and Increasing Geriatric Population.
Globally, a noticeable market trend is evident Rising Health Concerns among Individuals
Major Vendors, such as Yakult Pharmaceuticals Pvt Ltd (Japan), Nissin Sugar Co., Ltd. (Japan), Ingredion Incorporated (United States), Kerry Inc. (Ireland), Quantum Hi-Tech Biological Co., Ltd. (China), Dairy Crest. (United Kingdom), Baolingbao Biology Co., Ltd. (China), Samyang Corporation (South Korea) and New Francisco Biotech Company (Taiwan), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. Manufacturers of Galactooligosaccharides (GOS) may adopt various competitive strategies to gain an advantage in the market as manufacturers can differentiate their GOS products by offering unique features, such as different formulations or concentrations, specialized applications, or specific functional properties. This can help them cater to specific customer needs and target niche markets.
Key Developments in the Market:
In February 2021, Clasado Biosciences announced British Rowing as the exclusive supplier of Bimuno Travelaid, a prebiotic nutritional supplement. The supplement uses non-digestible galacto-oligosaccharide (GOS) technology to keep rowers' stomachs healthy. and In 2017, Kerry Group acquired Ganeden, probiotics, and functional ingredients company, to further expand its portfolio of health and wellness solutions.
In August 2022, Friesland Campina Ingredients launched the Biotis GOS-OP High Purity solution. FrieslandCampina Ingredients kept prebiotics in the development of the significantly expanding market of galactooligosaccharides for intestinal supplements. Biotis GOS-OP High Purity is the brand's purest probiotic ingredient, containing more than 90% galactooligosaccharides (GOS).
Regulatory Insights:
“The current Directive of the European Union on infant nutrition states that galactooligosaccharides are allowed to be supplemented in combination with fructose-13 oligosaccharides. The recommended ratio is 9:1 (GOS: FOS) with a limit of 0.8g/100ml per preparation (Kommission der Europäischen Gemeinschaften, 2006), as there are many published scientific studies available. However, health claims of GOS in infant nutrition are still not authorized (The Panel on Dietetic Produce, Nutrition, and Allergies, 2009).”
Influencing Trend:
Rising Health Concerns among Individuals and Increasing Applications in the Dairy Products
Market Growth Drivers:
Rising Instances of Gastrointestinal Tract Disorders and Increasing Geriatric Population
Challenges:
Lack of Awareness in the Emerging Economies
Restraints:
Stringent Government Regulations Regarding Chemicals
Opportunities:
Increasing Demand for Dietary Supplements and Rising Demand from the Developing Economies
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Galactooligosaccharides Market
- Analysis about New Entrants in Galactooligosaccharides Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Galactooligosaccharides Study Sheds Light on
The Galactooligosaccharides Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Galactooligosaccharides industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Galactooligosaccharides industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.