Galactooligosaccharide Market worth USD 850 million by 2025

Galactooligosaccharide Market Analysis Size, Growth rate and Overview:

The Galactooligosaccharide Market was valued at USD 570 million in 2018 and is expected to reach almost USD 850 million by the end of 2025 growing at a CAGR of around 5.7% over the predicted period.

The galactooligosaccharide is widely used as a probiotic supplement in infant formula. Its properties are similar to those of breast milk, making it an ideal substitute for natural milk. In addition, the product is used as a low-calorie sweetener and fixes nutrients, for example, sodas, yogurts, and milk powder. It is a non-digestible probiotic ingredient that is known to have beneficial effects and improve health by selectively stimulating the growth and activity of a limited number of bacteria in the colon.

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Galactooligosaccharide Market Key Drivers, Challenges, and Opportunities:

The factors that can stimulate the growth of the galactooligosaccharide market include the innovation and development of new products in coffees, yogurts, nectars and sweets of RTD. Increasing consumer awareness of the different types of nutraceuticals is another factor that should boost overall market growth in the coming years. An important factor that should slow down the growth of the market during the forecast period is the growing demand for isomalto-oligosaccharides, which is the type of oligosaccharide that resists digestion.

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Galactooligosaccharide Market – Regional Presence:

Geographically, the market is analyzed in different regions, namely North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa. Europe should be the largest market for galactooligosaccharides, followed by North America in the coming years. Europe is expected to be the largest part of the market due to the increased demand for baby food in Europe and the presence of different infant formula companies, which makes it the main exporter of food for babies.

In addition, North America is expected to have a significant market share in the market due to increased consumption of low-fat products, low-fat tea, coffee and yogurt. In North America, the United States and Canada are expected to account for most of this region's revenues during the forecast period. The region of Asia Pacific is expected to register the highest compound annual growth rate in the coming years due to the growing demand for grains, functional foods and beverages, infant formulas and confectionery products in several countries. In Asia Pacific, China is expected to represent the largest market share, followed by India.

Some of the Key Players Profiled in this Galactooligosaccharide Market Report are:

Yakult Pharmaceutical Industry Co Ltd, Taiwan Fructose Co Ltd, New Francisco Biotechnology, Nissin Sugar Manufacturing Co Ltd, Samyang Genex Co, QindaoFtz United International Inc, Abo Switzerland Co Ltd., Wuxi Cima Science Co Ltd., Royal Fries land Campina and Terio Co.

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