The global galacto oligosaccharides market size was valued at USD 703.8 million in 2017. Growing intake of dietary supplements owing to its tremendous health benefits is expected to pose favorable opportunities for the growth of global galacto-oligosaccharides (GOS) market size.
Rising instances of chronic diseases throughout the developed and developing economies is a significant factor contributing to the growth of galacto-oligosaccharides (GOS) market size. Factors burgeoning the development of chronic disease is changing diet patterns, uneven meal timings as well as growing influence towards western lifestyles. This has urged several industries to invest in research & technological innovations to develop products such as GOS and FOS which constitute functional properties. Multiple types of functional ingredients in the food & beverage industry are being used in cereals, bakery foods, food supplements, and dairy products. Furthermore, the market is also driven by growing nutritional needs of the elderly population, ill patients and the rising count of premature births which has spurred the need for medical products such as supplements, thus, driving the growth of the global galacto oligosaccharides market.
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Global galacto-oligosaccharides (GOS) market size is expected to rise rapidly in the near future owing to the growing need for prebiotic dietary supplements. Prebiotics dietary supplements garnered a market revenue of USD 633.3 million in 2017. Prebiotic dietary fibers aid in food fermentations in the colon and support digestive health in various ways. Fructooligosaccharide, inulin, and galactooligosaccharides have been considered safe for consumption and have attained GRAS (Generally Recognized As Safe) recognition under Federal Food, Drug, and Cosmetic Act (section 201(s)). The product has also been claimed to lower the potential pathogenic microorganisms and gastrointestinal discomforts.
Introduction of galacto-oligosaccharides in food products is expected to drive the prebiotic food and beverages market in the coming years. For instance, King-Prebiotics GOS-570-S is a GOS with a specification of 57% in a liquid syrup form is widely used in a food and beverage applications namely, liquid milk, dairy products, formulated milk powder, dietary supplements, and beverages. Prebiotic enriched food and beverage stimulate the growth of both Bifidus and acidophilus bacteria and also promotes the absorption of calcium and iron in the human body.
Per the World Health Organization (WHO), infants should be exclusively breastfed for the first six months. Breast milk constitutes a variety of bioactive agents that smoothen the functioning of the gastrointestinal tract, immune system, and also aids in brain development. However, rapid industrialization, self-dependence, economic growth, and ever-rising needs have forced a lot of mothers to enter the workforce. Subsequently, breastfeeding is being substituted by formula feeding and this is expected to provide a major boost to the growth of global GOS market.
In 2017, Europe and Asia Pacific together accounted for more than 85% of the global galacto-oligosaccharides (GOS) market size, by both volume and value. Rise in the number of infants, especially in developing economies of China and India is a key factor behind the development of galacto-oligosaccharides (GOS) market size in the Asian region. Also, a surging number of middle-class households, on account of economic and population growth as well as the abandonment of the one-child policy has further driven the Chinese demand for infant formula.
Trend for organic baby food products has become an important purchase consideration, particularly in Europe. Rise in purchasing power along with the increasing awareness about the nutritional needs of infants among European parents is driving the growth of Europe galacto oligosaccharides market. Europeans are constantly shifting and changing their brand loyalty on the basis of natural nutrient content present in the product line. The high nutrient value offered by multiple food manufacturers is the major reason behind the changing preferences for baby food among European customers. Apart from this, heavy promotion and advertisement strategies are the other factors stimulating the galacto-oligosaccharides (GOS) market size in this region.
Key manufacturers in the global GOS market are majorly involved in new product innovation and development as well as the expansion of existing infant formula production facilities. For instance, in February 2018, Danone doubled its production capacity of the New Zealand Factory, to meet the growing demand for its infant formula business.
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What does the report include?
The study on the global GOS market includes qualitative factors such as drivers, trends, and opportunities
Additionally, the market has been evaluated using the SWOT analysis and Porter’s Five Forces’ analysis and PESTEL analysis
The study covers qualitative and quantitative analysis of the market segmented on the basis of application and region. Moreover, the study provides similar information for the key geographies.
Actual market sizes and forecasts have been provided for all the above-mentioned segments
The study includes the profiles of key players in the market with a significant global and/or regional presence
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A new study on the Galacto Oligosaccharides market provides a detailed overview of the demands and consumptions of various products/services associated with the growth dynamics of the market during the historical period 2013 – 2017.
The in-depth market estimation of various opportunities in the segments is expressed in volumes and revenues during the forecast period 2018 – 2028.
These are covered in numerous sections, including, drivers and restraints, challenges and opportunities, regional segmentation and opportunity assessment, end-use/application prospects analysis, and competitive landscape assessment.
A recent market study published by Fact.MR states that the galacto oligosaccharide market is likely to grow at a booming 9.3% value CAGR during the forecast period 2018-2028.Key stakeholders in the Galacto Oligosaccharides market including industry players, policymakers, and investors in various countries have been continuously realigning their strategies and approaches to implement them in order to tap into new opportunities.
Many in recent months have overhauled their strategies to remain agile in the backdrop of worldwide disruptions caused by the COVID-19 pandemic.
Request to View Sample of Research Report @ https://www.factmr.com/connectus/sample?flag=S_id=1707The study also offers scrutiny of the changing government policies amid COVID-19 disruptions.
Global Galacto-Oligosaccharides (GOS) Market report also talks about the changing dynamics in the baby food market and the key strategies adopted by leading players to cater the emerging consumer needs.
Current prebiotics market trends, competition, forecast and dynamics including drivers, restraints, and opportunities have also been covered in the final study.
The market report also provides a value chain as well as Porter’s Five Forces Analysis for better decision making.
Additionally, GOS is deployed in infant formula solutions, since it promotes the growth of beneficial bacteria and this is expected to escalate the Galacto-Oligosaccharides (GOS) Market size.
Growing health-conscious consumers and rising awareness towards products that improve the quality of life has led to the advent of prebiotics in the food chain.Request Sample Copy of This Research Report: https://adroitmarketresearch.com/contacts/request-sample/564Global Galacto-Oligosaccharides (GOS) Market: Key Players like Nissin Sugar Co., Ltd, Royal Friesland Campina, Yakult Honsha, First Milk Ltd., Kerry Group and Taiwan Fructose.Global Galacto-Oligosaccharides (GOS) Market is projected to be valued at USD 1.69 billion by 2025, driven by the increasing consumption of enriched infant formula as a substitute for breastfeeding.
Prebiotics are supplementary foods containing nondigestible ingredients which stimulate the growth of the human body and provide the necessary bacteria for curing gut-related diseases such as constipation, diarrhea, osteoporosis, and others.Key segments of the Global Galacto-Oligosaccharides (GOS) MarketApplication Overview, 2015-2025 (Tons) (USD Million)Prebiotic Food and BeveragesPrebiotic Dietary SupplementsOthersRegional Overview, 2015-2025 (Tons) (USD Million)North & Central AmericaEuropeAsia PacificRest of World (RoW)Get more details about Global Galacto-Oligosaccharides (GOS) Market:https://adroitmarketresearch.com/industry-reports/galacto-oligosaccharides-gos-marketWho should buy this report?This study is suitable for industry participants and stakeholders in the GOS market, who want an in-depth insight into the movement of the functional foods market.
Galacto-oligosaccharides Market is anticipated to witness an exponential growth in the forecast period.
Galacto-oligosaccharides (GOS), also termed as “Oligo-galactosyl lactose”, or “Trans galactic-oligosaccharides (TOS)” or “Oligogalactose”, belong to the group of prebiotics.
It is a water-soluble and colorless substance which increases the shelf life by reduction of microbial contamination.
Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/galacto-oligosaccharides-gos-market/request-sample The key driving factors responsible for the growth of Galacto-oligosaccharides market : The factors that propel the growth of the galacto-oligosaccharides market include increasing attention towards excellence of food and beverages, increased awareness towards nutritional food, increasing technological innovations, changing consumer lifestyles and growing number of working women in the emerging economies.
On the other hand, there are a factor that may hamper the growth of the market including stringent regulations and legislations associated with the use of prebiotic constituent Galacto-oligosaccharides (GOS) industry is anticipated to expand at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.
The market could be explored by product type, application, and geography.
