Overview and Scope
Galacto-oligosaccharides (GOS) are prebiotic fibers composed of short chains of galactose molecules. They are derived from lactose, a sugar found in milk, through an enzymatic process. GOS are known for promoting the growth of beneficial gut bacteria, such as bifidobacteria and lactobacilli, which can improve digestive health and boost the immune system. They are commonly added to infant formulas, dietary supplements, and functional foods to enhance gut health, support the immune system, and improve calcium absorption.
Sizing and Forecast
The galacto-oligosaccharide market size has grown strongly in recent years. It will grow from $0.78 billion in 2023 to $0.85 billion in 2024 at a compound annual growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed to increased health awareness, increased demand for prebiotics, increased research on gut health, expansion in applications in functional foods and beverages, increased demand for functional foods, growth in infant nutrition sector, and heightened consumer interest in gut health.
The galacto-oligosaccharide market size is expected to see strong growth in the next few years. It will grow to $1.22 billion in 2028 at a compound annual growth rate (CAGR) of 9.4%. The growth in the forecast period can be attributed to increasing consumer awareness of gut health benefits, rising demand for prebiotics in functional foods, expanding applications in infant nutrition, heightened investment in R&D for health supplements, growing preference for natural and clean-label ingredients, and the increasing prevalence of digestive disorders. Major trends in the forecast period include advancements in production technology, advancements in food and beverage formulations, advancements in food technology, advancements in prebiotic research, and advancements in formulations.
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Segmentation & Regional Insights
The galacto-oligosaccharide market covered in this report is segmented –
1) By Product: Liquid, Powder
2) By Source: Plants, Animals, Microorganisms
3) By Primary Function: Prebiotic, Sweetener
4) By Application: Food And Beverage, Pharmaceuticals, Personal Care, Animal Feed, Other Applications
Europe was the largest region in the galacto-oligosaccharide market in 2023. The regions covered in the galacto-oligosaccharide 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 rise in premature births is expected to propel the growth of the galacto-oligosaccharide market going forward. Premature birth occurs when an infant is born before completing the standard 37 weeks of gestation, potentially resulting in health issues due to the incomplete development of organs and systems. Premature births are on the rise due to factors such as delayed maternal age, lifestyle choices, medical interventions, and underlying health conditions. Galacto-oligosaccharides (GOS) help minimize preterm birth by promoting a healthy gut microbiota, which can reduce inflammation and improve pregnancy outcomes. For instance, in January 2023, according to the Office for National Statistics, a UK-based government department for national statistics, in 2021, there was an increase in the proportion of preterm live births, rising from 7.4% in 2020 to 7.5%. Therefore, the rise in premature births is driving the growth of the galacto-oligosaccharide market.
Key Industry Players
Major companies operating in the galacto-oligosaccharide market are Cargill Incorporated, Royal Friesland Campina, Fonterra Cooperative Group Limited, Saputo Dairy UK, DuPont De Nemours, DSM, Kerry Group plc, Wacker Chemie AG, Ingredion Incorporated, Meiji Holdings Co. Ltd., Morinaga Milk Industry Co. Ltd., Yakult Honsha Co. Ltd., Samyang Corporation, Tate & Lyle, Nissin Sugar Co. Ltd., BENEO, Danone India, Biosynth, Clasado Biosciences, AIDP Inc., ZuChem Inc., Inbiose NV, VW-Ingredients, Lactose India Limited, Bioven Ingredients
The galacto-oligosaccharide market report table of contents includes:
- Executive Summary
- Galacto-Oligosaccharide Market Characteristics
- Galacto-Oligosaccharide Market Trends And Strategies
- Galacto-Oligosaccharide Market – Macro Economic Scenario
- Global Galacto-Oligosaccharide Market Size and Growth
………….
- Global Galacto-Oligosaccharide Market Competitive Dashboard
- Key Mergers And Acquisitions In The Galacto-Oligosaccharide Market
- Galacto-Oligosaccharide Market Future Outlook and Potential Analysis
- Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Galacto-Oligosaccharide Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Galacto-Oligosaccharide Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Galacto-Oligosaccharide Market, Segmentation By Primary Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
…………..
Table 75: Cargill Incorporated Financial Performance
Table 76: Royal Friesland Campina Financial Performance
Table 77: Fonterra Cooperative Group Limited Financial Performance
Table 78: Saputo Dairy UK Financial Performance
Table 79: DuPont De Nemours Financial Performance
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