North America Galacto Oligosaccharide Market to Reach US$ 363.1 Mn at CAGR of 8.9% in 2027 | The Insight Partners

North America Galacto Oligosaccharide Market to 2027 - Analysis and Forecasts by Type (Liquid and Powder), Application (Food & Beverages, Dietary Supplements, and Others) and Country

Publication Month: Jul 2019 | Report Code: TIPRE00006075 | No. of Pages: 119 | Category: Food and Beverages | Status: Published

The North America galacto oligosaccharide market is accounted to US$ 170.0 Mn in 2018 and is expected to grow at a CAGR of 8.9% during the forecast period 2019 – 2027, to account to US$ 363.1 Mn by 2027.

 

The United States accounted for the largest market share in the North America galacto oligosaccharide market. The rising prevalence of chronic diseases due to changing diet patterns, irregular meal timings, the growing obese population in the US, has led to an increased demand for galacto-oligosaccharide products in the US.

 

Exhibit: North America Galacto Oligosaccharide Market, Revenue and Forecast, 2018

 

Market Insights

Increasing health concerns and consumer shift towards healthy foods

A healthy diet helps protect against various diseases like diabetes, heart disease, and cancer. The growing geriatric population and increasing health concerns among consumers boost the demand for galacto-oligosaccharides in developed and developing countries.

 

Increasing demand from infant formula producers provides opportunity for the galacto oligosaccharide market growth

Galacto-oligosaccharides is added to infant formula to make it like mother’s milk and to promote growth & development of beneficial intestinal microbiota that boosts the demand for galacto-oligosaccharides during the projected period. Galacto-oligosaccharides are considered as key ingredients in infant formulas. It benefits the bowel function in the baby by enhancing the growth & activity of the beneficial bacteria in the colon and increases defecation frequency, which helps prevent constipation in children and infants.

 

Type Insights

The North America galacto oligosaccharide market by type has been segmented into liquid and powder. The demand for liquid galacto-oligosaccharide is comparatively higher than powdered galacto-oligosaccharide. The growing health consciousness among consumers and increasing knowledge about the use of galacto-oligosaccharides for the effective functioning of the human body leads to a surge in the market demand. Several product developments incorporate the use of GOS such as spoonable yogurt, drinking yogurt, and liquid cultured milk.

         

                                                                            

Application Insights

On the basis of application, the North America galacto oligosaccharide market has been segmented into food & beverages, dietary supplements, and others. Under application segment, beverages is the leading segment in the North America galacto oligosaccharide market. Galacto-oligosaccharide finds its application in several industries such as food and beverage, cosmetics, pharmaceuticals, and healthcare. Due to their relative stability and low-calorie sweetness, they are highly used in the production of several foods such as bread, cakes, butter, cheese, curd, yogurt, and many more.

 

Exhibit: Mexico Galacto Oligosaccharide Market by Application

 

Strategic Insights

Corporate communication, project finance, strategy and business planning and new product development were observed as the most adopted strategies in North America galacto oligosaccharide market. Few of the recent developments in the North America galacto oligosaccharide market are listed below:

 

2018: NEOCREMAR Co, Ltd., appointed AIDP as the exclusive distributor for its series of oligosaccharides with an aim to collaborate and develop the US and Canadian markets

 

2018: Vitalus Nutrition, Inc. introduced its new galacto-oligosaccharide product offering, VITAGOS. It became the first Canadian company to manufacture galacto-oligosaccharides.

 

2017: Royal FrieslandCampina N.V. expanded its product offering with their new product Vivinal GOS Syrup Organic. It was officially launched at Vitafoods Europe exhibition in Geneva, Switzerland.

 

NORTH AMERICA GALACTO OLIGOSACCHARIDE MARKET SEGMENTATION


By Type
  • Liquid
  • Powder
By Application
  • Food & Beverages
  • Dietary Supplements
  • Others
By Country
  • U.S.
  • Canada
  • Mexico
Company Profiles
  • AIDP, Inc.
  • Baolingbao Biology Co., Ltd
  • Clasado Biosciences
  • Fonterra Co-operative Group
  • Ingredion Incorporated
  • Kerry Group
  • Olygose
  • Royal FrieslandCampina N.V.
  • Vitalus Nutrition, Inc
  • Yakult Honsha Co. Ltd

1.             Introduction

1.1       Scope of The Study

1.2       The Insight Partners Research Report Guidance

2.             Key Takeaways

3.             Research Methodology

3.1       Coverage

3.2       Secondary Research

3.3       Primary Research

4.             North America Galacto-Oligosaccharide Market Landscape

4.1       Market Overview

4.2       Market Segmentation

4.2.1        North America Galacto-Oligosaccharide Market – By Type

4.2.2        North America Galacto-Oligosaccharide Market – By Application

4.2.3        North America Galacto-Oligosaccharide Market – By Country

4.3       PEST Analysis

4.3.1        North America PEST analysis

4.4       Expert Opinion

5.             North America Galacto-Oligosaccharide Market  Key Industry Dynamics

5.1       Key Market Drivers

5.1.1        Increasing Health Concerns and Consumer Shift Towards Healthy Foods

5.1.2        Rising Cases of Chronic Diseases

5.2       Key Market Restraints

5.2.1        Availability of substitutes

5.3       Key Market Opportunities

5.3.1        FDA Approval Likely to Provide Growth Opportunity for the Galacto-oligosaccharide Market Players

5.3.2        Increasing Demand from Infant Formula Producers

5.4       Future Trends

5.4.1        Increasing Spectrum of Galacto-Oligosaccharides in the Pharmaceutical, Animal Feed, and Cosmetic Industries

5.4.2        Rising Consciousness Towards Fitness

5.5       Impact Analysis of Drivers and Restraints

6.             Galacto-Oligosaccharide Market – North America Analysis

6.1       North America Galacto Oligosaccharide Market Overview

6.2       North America Galacto-Oligosaccharide Market Forecast and Analysis (US$ MN)

6.3       Market Positioning/Market Share

7.             North America Galacto-Oligosaccharide Market Analysis – By Type

7.1       Overview

7.2       North America Galacto-Oligosaccharide Market Breakdown, By Type, 2018 & 2027

7.3       Liquid

7.3.1        Overview

7.3.2        North America Liquid Galacto-Oligosaccharide Market Revenue and Forecasts to 2027 (US$ MN)

7.4       Powder

7.4.1        Overview

7.4.2        North America Powder Galacto-Oligosaccharide Market Revenue and Forecasts to 2027 (US$ MN)

8.             North America Galacto-Oligosaccharide Market Analysis – By Application

8.1       Overview

8.2       Food & Beverages

8.2.1        Overview

8.2.2        North America Food & Beverages Market Revenue and Forecasts to 2027 (US$ MN)

8.3       Dietary Supplements

8.3.1        Overview

8.3.2        North America Dietary Supplements Revenue and Forecasts to 2027 (US$ MN)

8.4       Others

8.4.1        Overview

8.4.2        North America Others Dietary Supplements Revenue and Forecasts to 2027 (US$ MN)

9.             Galacto-Oligosaccharide Market – Country Analysis

9.1       Overview

9.1.1        North America Galacto-Oligosaccharide Market Revenue Forecasts to 2027 (US$ MN)

9.1.2        North America Galacto-Oligosaccharide Market Breakdown by Country

9.1.2.1      U.S. Galacto-Oligosaccharide Market Revenue and Forecasts to 2027 (US$ MN)

9.1.2.1.1       U.S Galacto-Oligosaccharide Market Breakdown by Application

9.1.2.1.2       U.S. Galacto-Oligosaccharide Market Breakdown by Type

9.1.2.2      Canada Galacto-Oligosaccharide Market Revenue and Forecasts to 2027 (US$ MN)

9.1.2.2.1       Canada Galacto-Oligosaccharide Market Breakdown by Application

9.1.2.2.2       Canada Galacto-Oligosaccharide Market Breakdown by Type

9.1.2.3      Mexico Galacto-Oligosaccharide Market Revenue and Forecasts to 2027 (US$ MN)

9.1.2.3.1       Mexico Galacto-Oligosaccharide Market Breakdown by Application

9.1.2.3.2       Mexico Galacto-Oligosaccharide Market Breakdown by Type

10.          Industry Landscape

10.1    Corporate Communication

10.2    Project Finance

10.3    Product News

10.4    Strategy and Business Planning

11.          Galacto-Oligosaccharide, Key Company Profiles

11.1    Clasado Biosciences

11.1.1     Key Facts

11.1.2     Business Description

11.1.3     Products and Services

11.1.4     Financial Overview

11.1.5     SWOT Analysis

11.1.6     Key Developments

11.2    Royal FrieslandCampina N.V.

11.2.1     Key Facts

11.2.2     Business Description

11.2.3     Products and Services

11.2.4     Financial Overview

11.2.5     SWOT Analysis

11.2.6     Key Developments

11.3    Ingredion Incorporated

11.3.1     Key Facts

11.3.2     Business Description

11.3.3     Products and Services

11.3.4     Financial Overview

11.3.5     SWOT Analysis

11.3.6     Key Developments

11.4    Kerry Group

11.4.1     Key Facts

11.4.2     Business Description

11.4.3     Products and Services

11.4.4     Financial Overview

11.4.5     SWOT Analysis

11.5    Yakult Honsha Co. Ltd

11.5.1     Key Facts

11.5.2     Business Description

11.5.3     Products and Services

11.5.4     Financial Overview

11.5.5     SWOT Analysis

11.6    Baolingbao Biology Co. Ltd.

11.6.1     Key Facts

11.6.2     Business Description

11.6.3     Products and Services

11.6.4     Financial Overview

11.6.5     SWOT Analysis

11.7    Fonterra Co-Operative Group Limited

11.7.1     Key Facts

11.7.2     Business Description

11.7.3     Products and Services

11.7.4     Financial Overview

11.7.5     SWOT Analysis

11.8    Olygose

11.8.1     Key Facts

11.8.2     Business Description

11.8.3     Products and Services

11.8.4     Financial Overview

11.8.5     SWOT Analysis

11.8.6     Key Developments

11.9    Vitalus Nutrition, Inc.

11.9.1     Key Facts

11.9.2     Business Description

11.9.3     Products and Services

11.9.4     Financial Overview

11.9.5     SWOT Analysis

11.9.6     Key Developments

11.10 AIDP, INC.

11.10.1   Key Facts

11.10.2   Business Description

11.10.3   Products and Services

11.10.4   Financial Overview

11.10.5   SWOT Analysis

11.10.6   Key Developments

12.          Appendix

12.1    About the Insight Partners

12.2    Glossary of Terms


LIST OF TABLES

Table 1.             North America Galacto-Oligosaccharide Market Revenue and Forecasts to 2027 (US$ Mn)

Table 2.             North America Galacto-Oligosaccharide Market and Forecasts to 2027 –By country (US$ Mn)

Table 3.             U.S. Galacto-Oligosaccharide Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 4.             U.S. Galacto-Oligosaccharide Market Revenue and Forecasts to 2027 – By Type (US$ Mn)

Table 5.             Canada Galacto-Oligosaccharide Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 6.             Canada Galacto-Oligosaccharide Market Revenue and Forecasts to 2027 – By Type (US$ Mn)

Table 7.             Mexico Galacto-Oligosaccharide Market Revenue and Forecasts to 2027 – By Application (US$ Mn)

Table 8.             Mexico Galacto-Oligosaccharide Market Revenue and Forecasts to 2027 – By Type (US$ Mn)

Table 9.             Glossary of Terms: Galacto-Oligosaccharide Market

LIST OF FIGURES

Figure 1.           US Galacto-Oligosaccharide Market, By Revenue, 2018 & 2027, US$ Mn

Figure 2.           North America Galacto-Oligosaccharide Market – By Application, 2018-2027, (%)

Figure 3.           Galacto-Oligosaccharide Market Segmentation

Figure 4.           North America Galacto-Oligosaccharide Market Segmentation – By Country

Figure 5.           North America– PEST Analysis

Figure 6.           Expert Opinion

Figure 7.           Galacto- Oligosaccharide Market Impact Analysis of Drivers and Restraints

Figure 8.           North America Galacto-Oligosaccharide Market Forecast and Analysis, 2018 – 2027, (US$ Mn)

Figure 9.           North America Galacto-Oligosaccharide Market Breakdown by Type, 2018 & 2027 (%)

Figure 10.        North America Liquid Galacto-Oligosaccharide Market Revenue and Forecasts To 2027 (US$ Mn)

Figure 11.        North America Powder Galacto-Oligosaccharide Market Revenue and Forecasts To 2027 (US$ Mn)

Figure 12.        North America Galacto-Oligosaccharide Market Breakdown by Application, 2018 & 2027 (%)

Figure 13.        North America Food & Beverages Galacto-Oligosaccharide Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 14.        North America Dietary Supplements Market Revenue and Forecasts To 2027 (US$ Mn)

Figure 15.        North America Others Market Revenue and Forecasts To 2027 (US$ Mn)

Figure 16.        North America Galacto-Oligosaccharide Market Revenue and Forecasts To 2027 (US$ MN)

Figure 17.        North America Galacto-Oligosaccharide Market Breakdown by Key Countries, 2018 & 2027(%)

Figure 18.        U.S. Galacto-Oligosaccharide Market Revenue and Forecasts To 2027 (US$ MN)

Figure 19.        Canada Galacto-Oligosaccharide Market Revenue and Forecasts To 2027 (US$ Mn)

Figure 20.        Mexico Galacto-Oligosaccharide Market Revenue and Forecasts To 2027 (US$ MN)

 

The List of Companies

  1. AIDP, Inc.
  2. Baolingbao Biology Co., Ltd
  3. Clasado Biosciences
  4. Fonterra Co-operative Group
  5. Ingredion Incorporated
  6. Kerry Group
  7. Olygose
  8. Royal FrieslandCampina N.V.
  9. Vitalus Nutrition, Inc
  10. Yakult Honsha Co. Ltd
  • Highlights key business priorities in order to assist companies to realign their business strategies.

  • The key findings and recommendations highlight crucial progressive industry trends in the North America Galacto Oligosaccharide Market, thereby allowing players to develop effective long term strategies.

  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

  • Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.

  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.