Global Fructooligosaccharides Market, By Source (Sucrose, Inulin), Product Type (Solid Fructooligosaccharides, Liquid Fructooligosaccharides), Application (Infant formulations, Food and Beverages, Animal feed, Dietary Supplements, Pharmaceuticals), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Fructooligosaccharides Market
Fructooligosaccharides market size is valued at USD 5.19 billion by 2028 and is expected to grow at a compound annual growth rate of 6.60% for the forecast period of 2021 to 2028. Data Bridge Market Research report on fructooligosaccharides market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Fructooligosaccharides also known as oligofructan or oligofructose, are the type of oligosaccharides which occur naturally in plants such as chicory, garlic, asparagus, onions, bananas, artichokes and others. They are largely used as an alternative sweetener. Various benefits offered by fructooligosaccharides comprises it can be used as a prebiotic and can also lower cholesterol levels, cut blood sugar levels, alleviate constipation and also have other helpful properties.
The growing demand for fructooligosaccharides (FOS) amongst various industries in the production of nutritional food products as well as the infant formulation has highly influenced growth of the fructooligosaccharides market. In line with this, the high adoption of fructooligosaccharides among food and beverage and pharmaceutical industries as well as the increasing demand for low-calorie sweeteners and increasing consumption of functional food are also acting as a key determinant favoring the growth of the fructooligosaccharides market over the forecast period of 2021 to 2028. Also the increasing use of fructooligosaccharides sources counting insulin and sucrose in several biomedical and nutritional applications are also positively impacting the growth of the fructooligosaccharides market. The major factor accountable for the growth of the market is the high adoption of fructooligosaccharides among food products manufacturers.
However, the availability of high-cost fructooligosaccharides and stringent government regulations for use of fructooligosaccharides quantity in infant formula and food products may act as key restraint towards fructooligosaccharides market growth rate in the forecast period of 2021 to 2028, whereas the emergence of phytogenics in animal feed and high R&D cost have the potential to challenge the growth of the fructooligosaccharides market in the above mentioned forecast period.
Furthermore, the rising fructooligosaccharides manufacturers and supplier across various countries and increasing technological advancements in product manufacturing by major players will further offer a variety of growth opportunities for the fructooligosaccharides market in the above mentioned forecast period.
This fructooligosaccharides market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on fructooligosaccharides market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Fructooligosaccharides Market Scope and Market Size
Fructooligosaccharides market is segmented on the basis of source, product type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of source, the fructooligosaccharides market is segmented into sucrose and inulin. Sucrose has accounted for the largest share in the market because of the easy availability of the raw materials used for production.
- Based on product type, the fructooligosaccharides market is segmented into solid fructooligosaccharides and liquid fructooligosaccharides. Solid fructooligosaccharides is expected to witness the highest growth rate due to its high demand in powder form, easy usability, increased shelf life and effective formulation of the product.
- The application segment for fructooligosaccharides market is segmented into infant formulations, food and beverages, animal feed, dietary supplements and pharmaceuticals.
Global Fructooligosaccharides Market Country Level Analysis
Fructooligosaccharides market is analyzed and market size, volume information is provided by country, source, product type and application as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe and North America leads the fructooligosaccharides market because of the strong presence of infant formula manufacturers and increasing consumption of functional food and drinks in countries within this particular region. Asia Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 due to increasing demand for nutritional products in emerging economies within this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Fructooligosaccharides Market Share Analysis
Fructooligosaccharides market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to fructooligosaccharides market.
The major players covered in the fructooligosaccharides market report are BENEO, Cargill, Incorporated, COSUCRA, Royal Friesland, Campina N.V., Fonterra Co-operative Group Limited, Jarrow Formulas, Inc., Roquette Frères, Meiji Holdings Co., Ltd., Baolingbao Biology Co.,Ltd., Nutriagaves, Brenntag SE, Quantum Hi-Tech (China) Biological Co., Ltd., Tata Chemicals Ltd., Biosynth Carbosynth, DANA DAIRY GROUP, ELICITYL, Glycom A/S, Ingredion Incorporated, Tereos and Südzucker AG, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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