Galacto Oligosaccharides Market: Soaring Demand Assures Motivated Revenue Share during 2018-2028

From: Fact.MR
Published: Wed Apr 10 2019

Galacto oligosaccharide refers to a chain of Galactose apprehended to a glucose molecule in the end. Galacto oligosaccharide are primarily extracted from lactose from cow milk, beans and certain root vegetables. Galacto-oligosaccharides transfer undigested into the colon where they amplify the bowel mass and supplement growth of bacteria such as Bifidobacteria that are beneficial.

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This report provides prognosis and analysis of the global galacto oligosaccharide market. It offers historical data along with forecast data for 2028, both in terms of revenue (US$ Mn) and volume (MT). The report on galacto oligosaccharide market also entails macroeconomic indicators coupled with a broader outlook on galacto oligosaccharide market over the forecast timeline. It includes the drivers and restraints of the galacto oligosaccharide market and their relative impact, which is diversifying the galacto oligosaccharide market.

Market Players Adopting Plant-based Galacto Oligosaccharide to Broaden their ‘Lactose Intolerant’ Product Portfolio

Galacto oligosaccharide (GOS) is gaining significant uptake in the infant nutrition industry on account of positive perception about its therapeutic effect on gut health and immunity development. Increase in the number of lactose intolerant population continues to be a challenge for policy makers. According to a journal published by the National Center for Biotechnology Information (NCBI) in 2017, around 70% of the world’s population suffer from lactose intolerance due to a genetically programmed gradual decline in lactase expression, known as lactase non-persistence (LNP). The availability of plant-based galacto oligosaccharide has proven to be highly beneficial with regards to meeting the nutritional requirements of the lactose intolerant population. The infant nutrition industry will be looking to capitalize on the opportunity presented by commercialization of plant-based galacto oligosaccharides.

FDA Approval Likely to Provide the Much-needed Fillip to Galacto Oligosaccharide Demand

The broader trends impacting the dietary fibers industry have a profound impact on the prospects of galacto oligosaccharide industry. The recent FDA approval on eight dietary fibers, including galacto oligosaccharide is likely to create a scramble for launching new products.. With this approval, key manufacturers are broadening the horizon of galacto oligosaccharide that could help them seize premium opportunities. Key dairy cooperative companies are using galacto oligosaccharide in beverages owing to its stability, as addition of fibers in beverages still remains a challenge due to their insolubility or grittiness.

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Use of Galacto Oligosaccharide in the Nutraceuticals Industry Gaining Strong Momentum

The demand for galacto oligosaccharide in nutraceuticals is likely to grow at a steady clip during the assessment period. The stability of galacto oligosaccharide in high temperatures and low pH applications makes it an ideal fit for neutraceutical products. Prominent nutritional supplement products such as Bimuno, which is meant for the well-being of gut health, contains galacto oligosaccharide in its ingredient profile., The composition for galacto oligosaccharide in neutraceutical products might vary according to the chain length and linkage type between the monomer units.

Liquid Galacto Oligosaccharide Continues to Outsell Powdered Variants; Latter Growing at Higher Rate

Galacto oligosaccharide products are available in both liquid and powder form. The liquid galacto oligosaccharide is foreseen to sustain its supremacy and is anticipated to hold around 59% of the global market share by 2028. The liquid galacto oligosaccharide finds extensive applications across food products such as beverages, fermented milk, & so on. The powder galacto oligosaccharide is expected to grow on a relentless rate with its use as an additive in infant formula and nutraceuticals

Competitive Landscape

The competitive dynamics included in the report on galacto oligosaccharide market offers a deep dive into the competitive intensity of the market. The galacto oligosaccharide market is characterized by the presence of a limited number of players holding substantial shares. Some of the key players operating in the galacto oligosaccharide market, who have been profiled in the report include Yakult Pharmaceuticals Pvt Ltd, Royal Friesland Campina N.V, Nissin Sugar Co., Ltd., Ingredion Incorporated, Kerry Inc., Quantum Hi-Tech (China) Biological Co., Ltd., Dairy Crest., Baolingbao Biology Co., Ltd., Samyang Corporation, New Francisco Biotech Company.

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