Oligofructose Market Overview:
As per Maximize Market Research, a global business research and consultancy firm, the total global market for “Oligofructose Market” size was valued at US$ 2.51 Bn. in 2022 and the total revenue is expected to grow at 9.8 % through 2023 to 2029, reaching nearly US$ 4.84 Bn.
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Oligofructose Market Dynamics:
People between the ages of 15 and 50 live a fast-paced lifestyle as a result of urbanisation. Consuming unhealthy food products has had a negative impact on people’s health. The demand for oligofructose has increased as a result of growing awareness of the nutritional content of food ingested as well as rising desire for low-calorie food and drink items.
Oligofructose Market Scope and Methodology
The primary source involved interviews with significant market leaders and industry experts including business owners and marketing specialists while secondary sources are a combination of the reviews of the financial and annual reports of top manufacturers. For better information on market penetration, competitive landscape demand analysis, and regional analysis are taken at the local, regional, and global levels. The report analyses an estimation of the market size of the Oligofructose market along with current as well as future trends. The report provides an in-depth analysis of the key development, marketing strategies, supply side and demand side indicators and company profiles of the market owners, market leaders, potential players and new entrants. The bottom-up approach was used in the report to estimate the Oligofructose Market. The primary and secondary data sources were used to collect data.
Oligofructose Market Segmentation:
by Source
Organic
Inorganic
by Type
Powder
Crystal
Liquid
Pill
by Application
Food & Beverages
Infant Formula
Pharmaceuticals
Dietary Supplements
Animal Feed
Others
From Source, In the predicted period of 2023–2029, organic sources such onions, bananas, chicory root, and asparagus are expected to continue to be the key sources for oligofructose extraction due to the growing popularity of plant-based low-calorie sweeteners. The global nutraceutical industry will see a 1.7% growth in demand for lab-produced oligofructose from 2018 to 2022 as a result of the rising need for inexpensive supplementary food items.
By Kind, The market for oligofructose in powdered form is expected to increase at a compound annual growth rate (CAGR) of 5.2% from 2022 through 2029 due to the preference for low-calorie nutraceuticals in soluble form to be consumed as health supplements. The demand for oligofructose in crystal form by the food and beverage industry will rise by 2.3% from 2018 to 2022 as a result of an increase in demand for an easy-to-mix sweetener for producing diet food products.
The beverage industry, which produces products for weight management and energy boost, has seen a 1.3% rise in demand for oligofructose in liquid form from 2018 through 2022 as a result of the expansion in the consumption of nutraceutical beverages.
Through application, Dietary supplements are expected to continue to be the main consumer of oligofructose from 2022 to 2029 due to increased health concerns and a growth in the number of people who suffer from obesity. The demand for oligofructose in the global food and beverage industry is expected to rise by 3.5% between 2018 and 2022 as a result of an increase in the regular consumption of low-calorie food products. In the second decade of this century, the global pharmaceutical industry saw a 3.1% growth in demand for oligofructose due to the increased use of weight management medications by athletes and those with obesity and diabetes. Oligofructose demand will rise by 2.3% from 2018 to 2022 as a result of the availability of low-calorie fibre in food formulae.
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Oligofructose Market Key Players:
1. BENEO
2. KOS Naturals, LLC
3. Xi’an Hairunkun Biological Technology Co., Ltd.
4. Cosucra
5. GTC Nutrition
6. Meiji Co., Ltd.
7. Leroux Co., Ltd.
8. Orafti
9. HeBei Welcome Pharmaceuticals Co., Ltd.
10.Baolingbao Bology Co., Ltd.
11.Cargill, Inc.
12.Hermes Sweeteners
13.Beghin Meiji Co., Ltd.
14.Naturex SA
15.Nutrinova
16.Shandong Bailong Chuangyuan Co., Ltd.
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Oligofructose Market Regional Insights:
The Oligofructose market demonstrates extensive segmentation across North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report offers a comprehensive evaluation of various aspects, encompassing factors, market dimensions, growth pace, and regional import-export dynamics. This analysis delves into both local and country levels within each region.
Key questions answered in the Oligofructose Market are:
- What is Oligofructose?
- What was the Oligofructose market size in 2022?
- What are the different segments of the Oligofructose Market?
- What growth strategies are the players considering to increase their presence in Oligofructose?
- What are the upcoming industry applications and trends for the Oligofructose Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Oligofructose Market?
- Who are the key players in the Oligofructose market?
- What segments are covered in the Oligofructose Market?
- Who are the leading companies and what are their portfolios in Oligofructose Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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