Overview and Scope
Fructooligosaccharides(FOS) are a type of carbohydrate composed of short fructose chains, occurring naturally in various plants such as blue agave, chicory root, and bananas. They are nondigestible, providing a low-calorie, sweet alternative to sugar, and have been linked to several health benefits, including prebiotic effects, improved mineral absorption, and decreased cholesterol levels.
Sizing and Forecast
The fructooligosaccharides market size has grown strongly in recent years. It will grow from $2.72 billion in 2023 to $2.95 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to increased interest in prebiotics, increased use of FOS in infant formulations, increased demand for diabetic-friendly sweeteners, rise in demand for functional foods, and increased demand for animal feed.
The fructooligosaccharides market size is expected to see strong growth in the next few years. It will grow to $4.10 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to rising demand for low-calorie sweeteners, elevating consumption of functional food, growing awareness of gut health, health-conscious consumer preferences, aging population and lifestyle changes. Major trends in the forecast period include demand for natural ingredients, demand for low-calorie foods, introduction of cost-effective production, emphasis on research and development efforts, and innovative product formulations.
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The fructooligosaccharides market covered in this report is segmented –
1) By Source: Chicory, Sucrose
2) By Form: Powder, Liquid
3) By Application: Food And Beverages, Animal Feed, Dietary Supplements, Infant Formula, Pharmaceuticals, Other Applications
North America was the largest region in the fructooligosaccharides market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fructooligosaccharides market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The increasing prevalence of obesity is expected to propel the growth of the fructooligosaccharides market going forward. Obesity is a long-term health condition characterized by an excessive accumulation of body fat that can negatively impact health. The prevalence of obesity is due to the widespread availability of high-calorie, high-fat, and high-sugar foods, sedentary lifestyles, and reduced physical activity in daily life. Fructooligosaccharides (FOS) are used as a dietary supplement or functional ingredient in foods to aid in obesity management potentially. Fructooligosaccharides (FOS) enhance lipids and glucose metabolism, potentially contributing to better energy utilization and weight management. For instance, in March 2023, according to the World Heart Foundation, a Switzerland-based non-government global cardiovascular community, around 2.3 billion adults and children are obese or overweight globally, and it is expected to reach 2.7 billion by 2025. Therefore, increasing concerns about obesity drive the fructooligosaccharides market.
Key Industry Players
Major companies operating in the fructooligosaccharides market are Saintroy Lifescience, Cargill Inc., CJ Group, Brenntag SE, Royal FrieslandCampina NV, Südzucker AG, Ingredion Incorporated, Meiji Holdings Co. Ltd, Tereos Group, Nissin Sugar Co. Ltd., Yakult Pharmaceutical Industry Co. Ltd., Sigma-Aldrich Corporation, Tate & Lyle PLC, Baolingbao Biology Co. Ltd., Sensus, Beneo GmbH, Jarrow Formulas Inc., Quantum Hi-Tech (China) Biological Co. Ltd., Galam Ltd., Cosucra Co., Dextra Laboratories Limited, AIDP Inc., GTC Nutrition, Beghin-Meiji SA, S.A. Pharmachem Pvt. Ltd.
The fructooligosaccharides market report table of contents includes:
1. Executive Summary
2. Fructooligosaccharides Market Characteristics
3. Fructooligosaccharides Market Trends And Strategies
4. Fructooligosaccharides Market – Macro Economic Scenario
5. Global Fructooligosaccharides Market Size and Growth
…..
32. Global Fructooligosaccharides Market Competitive Benchmarking
33. Global Fructooligosaccharides Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Fructooligosaccharides Market
35. Fructooligosaccharides Market Future Outlook and Potential Analysis
36. Appendix
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