Galacto‐Oligosaccharides Market Value Projected to Expand by 2029

 

Galacto-oligosaccharides market is projected to grow at a considerable CAGR of 8.5% during the forecast period. There is a high demand for functional food and beverages with prebiotic properties. The rising demand for fortifying food with prebiotic ingredients is anticipated to drive the growth of the galacto?oligosaccharides market across the globe. Fortification of functional food and beverages with galacto?oligosaccharides promotes the development of good bacteria and eliminates harmful bacteria, including salmonella, listeria, and campylobacter.

The high use of galacto?oligosaccharides in the preservation of dairy products is expected to drive its market growth. The increasing awareness related to the advantage of taking galacto?oligosaccharides by both infants and adults along with the rising demand for food & beverages and dietary supplements across the globe is again driving the global market. Companies including ZuChem, Inc., Abbot Laboratories, and Glycosyn LLC have been making efforts to develop galacto?oligosaccharides for functional food and beverages. Several enzymes and chemicals used for manufacturing galacto?oligosaccharides are very expensive and have limited availability. This factor is likely to hinder the market growth. The considerable shift towards a sedentary lifestyle, rising disposable income, and increasing health-related concerns are anticipated to offer significant growth opportunities during the forecast period.

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Galacto‐Oligosaccharides Market Segmentation

By Application

·        Infant Formula

·        Dietary Supplements

·        Functional Food & Beverage

A full Report of Galacto‐Oligosaccharides Market is Available @  https://www.omrglobal.com/industry-reports/galacto-oligosaccharides-market

Regional Analysis

North America

·        United States

·        Canada

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan

·                  South Korea

·                  Rest of APAC

Rest of the World

Company Profiles

·        Abbott Laboratories

·        AIDP, Inc.

·        BASF SE

·        Clasado Biosciences

·        DuPont de Nemours, Inc.

·        Fonterra Co-operative Group, Ltd.

·        Glycosyn LLC

·        Ingredion Inc.

·        Kerry Group Plc

·        Nestle S.A.

·        Nissin Sugar Co., Ltd.

·        Olygose SAS

·        Royal FrieslandCampina N.V.

·        Taiwan Fructose Co., Ltd.

·        Vitalus Nutrition, Inc.

·        Yakult Pharmaceutical Industry Co., Ltd.

·        ZuChem, Inc.

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