Global Galacto-oligosaccharide Market 2024-2028
The galacto-oligosaccharide market is forecasted to grow by USD 746.25 mn during 2023-2028, accelerating at a CAGR of 10.29% during the forecast period. The report on the galacto-oligosaccharide market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing need for supplementary nutrients among infants, growing popularity of e-commerce in the healthcare industry, and health benefits of galacto-oligosaccharides.
Technavio's galacto-oligosaccharide market is segmented as below:
By Product
By Application
- Food and beverages
- Dietary supplements
- Others
By Geographical Landscape
- Europe
- North America
- Asia
- Rest of World (ROW)
This study identifies the use of nutraceuticals and prebiotics in treating chronic diseases as one of the prime reasons driving the galacto-oligosaccharide market growth during the next few years. Also, growing nutritional needs of elderly population and increasing awareness of nutraceuticals and prebiotics will lead to sizable demand in the market.
The report on the galacto-oligosaccharide market covers the following areas:
- Galacto-oligosaccharide market sizing
- Galacto-oligosaccharide market forecast
- Galacto-oligosaccharide market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading galacto-oligosaccharide market vendors that include Baolingbao Biology Co. Ltd., Biofermen Pvt. Ltd., Clasado Ltd., Danone SA, Fonterra Cooperative Group Ltd., Informa PLC, Ingredion Inc., Kerry Group Plc, Lactose India Ltd., MEGMILK SNOW BRAND Co. Ltd., NATVIE Healthcare Ltd., Quantum Hi Tech China Biological Co. Ltd., Royal FrieslandCampina NV, Saputo Inc., Sumitomo Corp., Taiwan Fructose Co. Ltd., Van Wankum Ingredients BV, Vitalus Nutrition Inc., and Yakult Honsha Co. Ltd.. Also, the galacto-oligosaccharide market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.