Galacto-oligosaccharide (GOS) Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2019-2025- The increasing consumer awareness regarding healthy eating is the key factor driving the growth of Global Galacto-oligosaccharide (GOS) Market.
The Global Galacto-oligosaccharide (GOS) Market was Valued at USD 898.3 Million in 2018, and is Estimated to reach at USD 1579.8 Million by 2025, Registering a CAGR of 8.4% from 2018 to 2025.
Galacto-oligosaccharide (GOS) is a colorless and water dissolvable substance which expands the time span of usability by decreasing the microbial sullying. GOS is profoundly steady in different temperature ranges which encourages its use in various applications. Additionally, the low calorific estimation of the item makes it appropriate for usage by diabetic individuals. Increasing use of GOS as low calorie sweeteners in beverages, confectionery products, milk products, as well as bread is also supplementing the market growth. Galacto-oligosaccharide is encountering the brisk interest as the low-calorie sugar in the creation of ice cream parlor and bread kitchen, sustenance and refreshment and milk items. Furthermore, GOS is sorted out in the baby equation arrangements, as it impacts the development of microscopic organisms and is foreseen to quicken the development of worldwide market size.
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Global Galacto-oligosaccharide (GOS) market report is segmented on the basis of product type, applications and regional & country level. Based upon product type, galacto-oligosaccharide (GOS) market is segmented into liquid, powder, capsules and others. Based upon product application, galacto-oligosaccharide (GOS) market is segmented into food & beverages, bakery and confectionary, dietary supplements and others.
The regions covered in this Galacto-oligosaccharide (GOS) Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of galacto-oligosaccharide (GOS) market is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players for Galacto-oligosaccharide (GOS) Market Report-
Key market players, of Global Galacto-oligosaccharide (GOS) Market are like Royal Fries land Campina, Yakult, Nissin-sugar, Ingredion, First Milk, Samyang, Kerry, Wuxi, New Francisco Biotechnology, Taiwan Fructose, Baolingbao, Quantum Hi-Tech and others.
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Increasing Use of GOS as Low Calorie Sweeteners in Beverages, Confectionery Products, Milk Products, as well as Bread is also Driving the Market Growth.
Galacto-oligosaccharide (GOS) is encountering the brisk interest as the low-calorie sugar in the creation of ice cream parlor and bread kitchen, sustenance and refreshment and milk items. In addition, GOS is sorted out in the baby equation arrangements, as it impacts the development of microscopic organisms and is foreseen to quicken the development of worldwide market size. Various food manufacturers are focusing on e-commerce to cater to the global demand. It is also utilized in a wide range of items, for example; spread, cheddar, curd, yogurt, breads, cakes, and some more. It improves liver condition and intestinal wellbeing, lowers the cholesterol level and danger of malignant growth and upgrades in general human wellbeing. Plants sugar, certain root vegetables, and beans are some plant sources where Galacto-oligosaccharide (GOS) can be derived from.
Europe is Expected to Dominate the Global Galacto-oligosaccharide (GOS) Market:
Europe is expeceted to capture the largest market share of global galacto-oligosaccharide (GOS) market followed by the market of Asia Pacific and North America. Investment in R & D by developed regions for the development of high purity and more efficient mixtures to fulfill the demand of the increasing population are major factors driving the market growth in this region. The shift in the trend for breakfast cereal instead of a homemade meal for health reasons is driving the market in emerging nations such as India and China. Europe developed as the lucrative market for GOS in 2018 and expeceted to continue the same within the forecast period owing to the presence of major GOS makers in this region. Asia Pacific is projected to witness a significant growth owing to quickly developing refreshment industry in economies such as; China, Indonesia, India, Thailand, and Vietnam are relied upon to positively affect the market development over the estimate time frame. Increasing youth population combined with rising enthusiasm for games exercises is expected to increase the interest for GOS based refreshment and sustenance items in this region.
Key Benefits for Galacto-oligosaccharide (GOS) Market Report–
- Global Galacto-oligosaccharide (GOS) market report covers in depth historical and forecast analysis.
- Global Galacto-oligosaccharide (GOS) market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
- Global Galacto-oligosaccharide (GOS) E-health market report helps to identify opportunities in market place.
- Global Galacto-oligosaccharide (GOS) market report covers extensive analysis of emerging trends and competitive landscape.
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Global Galacto-oligosaccharide (GOS) Market Segmentation:
- Food & Beverages
- Bakery and Confectionary
- Dietary Supplements
By Regional & Country Analysis:
- North America
- Asia Pacific
- Southeast Asia
- Latin America
- Middle East and Africa
- Rest of Middle East and Africa
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