Global Fructooligosaccharides Market
Chemicals

What Are The 5 Takeaways From The Fructooligosaccharides Market Overview 2024

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

 

The Business Research Company’s Fructooligosaccharides Global Market Report 2024 offers crucial insights into the fructooligosaccharides market help businesses analyse and build stronger strategies.

 

Market Overview

The fructooligosaccharides (FOS) market has experienced significant growth in recent years. Key growth statistics include:

  • 2023 Market Size: $2.72 billion
  • 2024 Market Size: $2.95 billion
  • CAGR: 8.3%

 

Growth Drivers

  • Increased interest in prebiotics
  • Rising use of FOS in infant formulations
  • Higher demand for diabetic-friendly sweeteners
  • Growing demand for functional foods
  • Increased demand for animal feed

 

Future Market Projections
The market is poised to continue its upward trajectory, with expectations to reach $4.10 billion by 2028, driven by a CAGR of 8.6%.

 

Key Growth Factors

  • Rising demand for low-calorie sweeteners
  • Increased consumption of functional foods
  • Growing awareness of gut health
  • Health-conscious consumer preferences
  • Aging population and lifestyle changes

 

Major Trends

  • Demand for natural ingredients
  • Preference for low-calorie foods
  • Introduction of cost-effective production methods
  • Emphasis on R&D efforts
  • Innovative product formulations

 

Read The Full Fructooligosaccharides Market Report Here:
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Obesity Prevalence and Market Growth

The increasing prevalence of obesity is a significant driver of FOS market growth.

Obesity Factors

  • Availability of high-calorie, high-fat, and high-sugar foods
  • Sedentary lifestyles
  • Reduced physical activity

FOS Benefits

  • Enhances lipid and glucose metabolism
  • Contributes to better energy utilization and weight management

Example

According to the World Heart Foundation, about 2.3 billion adults and children were obese or overweight globally in March 2023, with projections reaching 2.7 billion by 2025. This trend underscores the growing importance of FOS in managing obesity.

 

Key Players in the Market

Major companies in the FOS market include:

  • Saintroy Lifescience
  • Cargill Inc.
  • CJ Group
  • Brenntag SE
  • Royal FrieslandCampina NV
  • Südzucker AG
  • Ingredion Incorporated
  • Meiji Holdings Co. Ltd.
  • Tereos Group
  • Nissin Sugar Co. Ltd.
  • Yakult Pharmaceutical Industry Co. Ltd.
  • Sigma-Aldrich Corporation
  • Tate & Lyle PLC
  • Baolingbao Biology Co. Ltd.
  • Cosucra Co.
  • Dextra Laboratories Limited
  • AIDP Inc.
  • GTC Nutrition
  • Beghin-Meiji SA
  • S.A. Pharmachem Pvt. Ltd.

 

Increased Production to Meet Demand

Companies are investing heavily in production plants to scale up their FOS output and meet growing demand.

Example

In January 2022, Galam invested $30 million in expanding its prebiotic GOFOS production. GOFOS is used in various food applications, such as:

  • Cereals
  • Energy bars
  • Dairy and non-dairy products
  • Confectionery
  • Bakery
  • Chocolate

 

Strategic Acquisitions

Strategic acquisitions are helping companies expand their market presence and product offerings.

Example

In June 2022, Tate & Lyle PLC acquired Quantum Hi-Tech Biological Co. Ltd., bolstering its prebiotic fiber portfolio. This acquisition allows Tate & Lyle to offer enhanced fiber solutions across categories like dairy, beverages, bakery, and nutrition, catering to the growing consumer interest in gut health.

 

Market Segmentation

The FOS market is segmented by:

Source

  • Chicory
  • Sucrose

Form

  • Powder
  • Liquid

 

Application

  • Food and Beverages
  • Animal Feed
  • Dietary Supplements
  • Infant Formula
  • Pharmaceuticals
  • Other Applications

 

Regional Insights

Largest Market

  • North America: Dominated the FOS market in 2023 due to strong demand for health-conscious products.

Fastest Growing Market

  • Asia-Pacific: Expected to be the fastest-growing region during the forecast period, driven by increasing consumer awareness and changing dietary preferences.

The fructooligosaccharides market is set for substantial growth, driven by rising health awareness, strategic investments, and innovative product developments. This robust market expansion highlights the growing importance of FOS in various applications, from food and beverages to pharmaceuticals, reflecting the increasing consumer demand for healthy and functional ingredients.

 

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The Fructooligosaccharides Global Market Report 2024  provides a comprehensive outlook of the fructooligosaccharides market for the historic years (2010 – 2021) and ten years forecast (2023 – 2032). The fructooligosaccharides market forecast offers a thorough analysis on fructooligosaccharides market size, fructooligosaccharides market share, prominent players and their strategies.

 

The Table Of Content For The Fructooligosaccharides Market Include:
1. Fructooligosaccharides Market Executive Summary
2. Fructooligosaccharides Market Segments
3. Fructooligosaccharides Market Size And Fructooligosaccharides Market Growth Rate
4. Key Fructooligosaccharides Market Trends
5. Major Fructooligosaccharides Market Drivers
……
25. Key Mergers And Acquisitions In The Fructooligosaccharides Market
26. Top Fructooligosaccharides Companies
27. Fructooligosaccharides Market Opportunities And Strategies
28. Fructooligosaccharides Market, Conclusions And Recommendations
29. Appendix

 

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