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.
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.
Broader Regulations Pertaining to Use of Prebiotic Ingredients Can Stymie Prospects of Galacto Oligosaccharide Companies
Strict regulations and legislations related to the use of prebiotic ingredient can be a key factor hampering use of galacto oligosaccharide. Any product before receiving the recognition as a prebiotic or probiotic, is consistently subjected to multiple validations and has to persistently prove its efficacy. It cannot be directly labeled as such, until and unless it is approved by the concerned agencies. Being operating in the food ingredient industry, galacto oligosaccharide is exposed to similar kind of legislations by various food regulation authorities such as FDA and food and agriculture organization. This might create hurdles for prosperity of galacto oligosaccharide, thereby impacting the galacto oligosaccharide market landscape.
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
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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.
The Yakult Pharmaceutical industry Co., a leading player in the galacto oligosaccharide market, is vying to expand its services in various countries such as China, Vietnam, USA, Brazil, India, Mexico, Myanmar and Middle East. The company had launched Yakult Light, a low-calorie variant of fermented milk, to offer product differentiation as per diverse customer needs.
Royal Friesland Campina N.V., another prominent player in the galacto oligosaccharide market, established a new production facility for Vivinal GOS in Borculo, Netherlands for responding to surging demand of high quality ingredient in infant nutrition. Also, the company collaborated with Glycosyn to introduce next-generation infant nutrition products.Nissin Sugar Co., Ltd., an eminent player in the galacto oligosaccharide market, is concentrating on producing sugar substitutes which can be used by manufacturers to cater to the health-savvy demographic.
Manufacturers operating in the galacto oligosaccharide market are extensively focusing on R&D activities to enhance their product portfolio and to keep up with the emerging trends of galacto oligosaccharide market.
The report elaborates on key differential strategies adopted by all other players in the galacto oligosaccharide market. For insights on winning strategies adopted by the key leaders of galacto oligosaccharide market, reach out to an expert analyst.
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.
About the Report
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.
A comprehensive taxonomy of galacto oligosaccharide market has been included in the report to address the quantitative aspects of each segment of the galacto oligosaccharide market. The product types available in the galacto oligosaccharide market are liquid galacto oligosaccharide and powder galacto oligosaccharide. The primary function type of products in galacto oligosaccharide market include prebiotic and sweetener. The end use types included in the report on galacto oligosaccharide market are food and beverage, animal feeds, and pharmaceutical & personal care. The galacto oligosaccharide market has been closely analyzed across regions of North America, Latin America, Europe, Asia Pacific, Japan, and Middle East & Africa.
Additional Questions Answered
Some of the additional questions answered in the report of galacto oligosaccharide market include-
- Is use of galacto oligosaccharide in cosmetics creating a major impact on market?
- How has use of galacto oligosaccharide for geriatric patients influenced the galacto oligosaccharide market?
- How has significant health benefits obtained by adding galacto oligosaccharide in pet nutrition pumped growth of galacto oligosaccharide market?
- How has extraction of plant based GOS from legumes encouraged proliferation of galacto oligosaccharide market?
Explore several other ground-breaking insights with detailed impact analysis on galacto oligosaccharide market.
A rigorous research methodology has been adopted to ascertain the values included in the report for galacto oligosaccharide market. The data points obtained from qualitative & quantitative statistics of galacto oligosaccharide market has been further backed by a multipronged process consisting of primary and secondary research. Additionally, a triangulation of the data points gleaned for galacto oligosaccharide market is done to induce an in-depth understanding of galacto oligosaccharide market. Primary research includes a holistic study of galacto oligosaccharide market carried out by domain specific analysts and consists of exclusive interviews with key stakeholders and a panel of industry experts in the galacto oligosaccharide market. Secondary research incorporated in the galacto oligosaccharide market report includes information obtained from company annual reports, resourceful websites, and authorized publications. The galacto oligosaccharide market has been analyzed with respect to all the segments and recent changes in the industry trends have been tracked efficiently. The research methodology is conducted in a meticulous way and crucial aspects like incremental $ opportunity, global absolute $ opportunity and market attractive index are highlighted to identify lucrative market opportunities in galacto oligosaccharide market.
The report on galacto oligosaccharide market is a diligent compilation of various insights which are garnered by making use of an exclusive research process. Being a one-of-its-kind presentation making use of obsolete research models, this report enables the attaining of highly accurate data and statistics on galacto oligosaccharide market. Moreover, the data procured on galacto oligosaccharide market are further cross-validated by key industry personnel to avoid any sort of discrepancy. The data insights procured on galacto oligosaccharide market have been carefully compiled and drafted to provide an unbiased intelligence on the industry of galacto oligosaccharide to the reader’s perusal.
The “Galacto Oligosaccharide Market Forecast, Trend Analysis, and Competition Tracking – Global Review 2018-2028” is a comprehensive report published by Fact.MR that investigates the prominent growth parameters of galacto oligosaccharide market. The market report contains the detailed explanation of how the market will grow and industry-validated market dynamics to justify the claims made by analysts. This is Fact.MR’s latest report on galacto oligosaccharide market that reveals the unique, accurate, and important growth prospects of the market with the help of qualitative as well as quantitative information. The report features the information concluded by analyzing facts and numbers obtained through an extensive market research.
The report provides seamless information about the galacto oligosaccharide market with the help of various market dynamics such as market drivers, trends, challenges, and opportunities for stakeholders. With the help of indicators of growth such as value chain analysis, supply chain analysis, CAGR, and Y-o-Y growth, the report explains the future prospects of the market for galacto oligosaccharides. The market intelligence report provides information in the most comprehensible manner for the reader to get complete clarity of how the market is growing. The report is segmented into various chapters to provide a systematic structure of the report to ensure the convenience and proper understanding of the reader.
Chapter 1 – Executive Summary
The report commences with the executive summary that provides an overview of the global outlook of the galacto oligosaccharide market. It gives the basic information about the leading segments of the market and regional outlook of growth prospects of galacto oligosaccharide market. It also provides the reader with quick insights on the growth opportunities for manufacturers and distributors in the galacto oligosaccharide market.
Chapter 2 – Market Introduction
Readers can find the comprehensive definition of galacto oligosaccharides in this chapter along with its association with the overall food ingredients industry. The chapter provides the reader with a detailed introduction to the galacto oligosaccharide market with the help of market definition and taxonomy.
Chapter 3 – Associated Industry Outlook and Performance
With the help of the outlook of the global probiotic market, this chapter explains its effect on the market for galacto oligosaccharides. With the help of the overview of various industrial sectors such as pharmaceuticals, neutraceuticals, dietary supplements, and personal care products, this chapter helps the reader to understand the factors that can impact growth of the galacto oligosaccharides market.
Chapter 4 – Market Dynamics & Associated Indicators
The report provides information about macroeconomic and microeconomic factors that can impact the growth of the galacto oligosaccharide market. This chapter includes supply chain analysis, value chain analysis, regional pricing analysis, market dynamics, and Porter’s five forces analysis associated with galacto oligosaccharide market. It also provides value and volume forecast of galacto oligosaccharide market to predict the market growth prospects through 2018-2028.
Chapter 5 – Global Galacto oligosaccharide Market - Price Point Analysis
This chapter includes detailed price point assessment of galacto oligosaccharide products in various geographical regions and depending on the ingredient types. It also provides a price forecast for galacto oligosaccharides with the help of various factors influencing the changes, during the forecast period.
Chapter 6 – Galacto oligosaccharide Market Analysis Scenario
In this chapter, readers can find value and volume analysis of the growth of the galacto oligosaccharide market during the assessment period. Historical and future value (US$ million) and volume (‘000 Tonnes) projections of various product form types of galacto oligosaccharide, such as liquid and powder. This chapter also includes the market analysis forecast based on primary function types of galacto oligosaccharides – prebiotics and sweeteners. Furthermore, it also introduces end-user industries in the galacto oligosaccharide market to provide Y-o-Y growth analysis of the market based on the growth of its end-user applications industries of galacto oligosaccharides. The report includes information on end-user industries such as food & beverage, animal feeds, and pharmaceuticals and personal care. Additionally, North America, Latin America, Europe, CIS and Russia, MEA, Asia Pacific, and Japan are the leading regional segments of the market that are included in this chapter. This chapter includes industry-validated data about the growth of the galacto oligosaccharide market in these regions during 2018-2028.
Chapter 7 – North America Galacto oligosaccharide Market Analysis and Forecast
This chapter focuses on the North America galacto oligosaccharide market to analyze the demand for galacto oligosaccharides in the United States and Canada during 2018-2028. This chapter also includes the assessment of the North America galacto oligosaccharide market based on the product form types, primary function types, and end-user industries in the galacto oligosaccharides in the region.
Chapter 8 – Latin America Galacto oligosaccharide Market Analysis and Forecast
This chapter provides a detailed pricing analysis of galacto oligosaccharide market in the Latin American region. Readers can find information about the growth prospects of the market in leading Latin American countries such as Brazil, Mexico, Argentina, Chile, Peru, and in the rest of the Latin American region, in this chapter. This chapter provides thorough information about the projections of the galacto oligosaccharide market depending on the demand for product form type, applications, and end-user industry growth in the region.
Chapter 9 – Europe Galacto oligosaccharide Market Analysis and Forecast
In this chapter, readers can find comprehensive information about the growth of the galacto oligosaccharide market in the European Union. It includes the growth prospects of the galacto oligosaccharide market in leading European countries such as Germany, France, Italy, Spain, UK, BENELUX, NORDIC, and countries in the Eastern Europe.
Chapter 10 – Asia Pacific Excl. Japan (APEJ) Galacto oligosaccharide Market Analysis and Forecast
This chapter of the report provides the detailed assessment of the growth avenues in the APEJ galacto oligosaccharide market based on various product types, applications, and end-user industries of galacto oligosaccharides. In this chapter, readers can find the market dynamics in Greater China, India, South Korea, and ANZ during the 2018-2028.
Chapter 11 – Japan Galacto oligosaccharide Market Analysis and Forecast
Historical market values and volume as well as current and future market values and volume associated with the Japan galacto oligosaccharide market is included in this chapter. Readers can find numerous growth opportunities for market players in the Japan galacto oligosaccharide market.
Chapter 12 – MEA Galacto oligosaccharide Market Analysis and Forecast
This chapter focuses on the overall growth of the galacto oligosaccharide market in leading countries in the Middle East and African region, which includes GCC countries, Turkey, and South Africa. Readers can find a detailed explanation on how the galacto oligosaccharide market will grow in the MEA.
Chapter 13 – Competition Analysis
This chapter enlists over ten major manufacturers and distributors of galacto oligosaccharide market to provide important information about the competitive landscape of the galacto oligosaccharide market. Readers can find critical information about the market players features in the report and the information includes company overview, company revenue share by market segmentation and geography, detailed company portfolio, strategic overview, and SWOT analysis.
Chapter 14 – Assumption and Acronyms
Various assumptions about market segmentation, company financials, and currencies used in the galacto oligosaccharide market report, are included in this chapter. Along with assumption, a list of acronyms used across the report is mentioned in this chapter.
Chapter 15 – Research Methodology
This chapter of the report exhibits various aspects of the research methodology followed while analyzing the growth parameters of the galacto oligosaccharide market during 2018-2028. Readers can find thorough information about various sources for primary research and secondary research used to draw various conclusions on the future growth prospects of the galacto oligosaccharide market. This chapter highlights the systematic research approach adopted by analysts to obtain the most accurate data about the future growth avenues for stakeholders in the galacto oligosaccharide market.
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