Home » Business, Food & Beverage, Manufacturing & Industry, Marketing & Sales, Retail » Galacto-Oligosaccharides (GOS) Market Is LIkely To Reach 175.66 Kilo Tons By 2020 Research Report by Hexa Research
“Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future.”
Latest Research on “Galacto-Oligosaccharides (GOS) Market” size is expected to reach 175.66 kilo tons by 2020, growing at a CAGR of 9.3% from 2014 to 2020. Growth in infant population is anticipated to drive GOS market over the forecast period.

Galacto-Oligosaccharides (GOS) Market – According to estimates, world population of children between ages 0-4 years was 642.2 million in 2010 and is expected to reach 1018.3 million by 2050. Global baby food industry is expected to generate USD 55 billion by 2015 owing to high demand for infant formula, dried baby food and prepared baby food.

Prebiotics have been given GRAS status by U.S. FDA under section 201(s) of the Federal Food, Drug and Cosmetic Act. According to Article 13 of Regulation (EC) No. 1924/2006 by European Food and Safety Authority (EFSA), it is also recognized in reducing gastrointestinal discomfort and potential pathogenic micro-organisms. Increasing use as low calorie sweeteners and food ingredients in food & beverages application such as yogurt, soft drinks, chewing gums, cookies, ice creams and powdered & clabbered milk is anticipated to drive galacto-oligosaccharides market demand.

Browse Detailed Report with TOC at:
http://www.hexaresearch.com/research-report/galacto-oligosaccharides-market/

Low per capita yogurt consumption in U.S., (6.7 kg in 2012), represents infancy statge. Increasing awareness regarding health benefits of yogurt is likely to drive GOS market growth. Spoonable yogurt, frozen yogurt and yogurt drinks combined generated retail sales of USD 7 billion in 2012, which was 17% higher than in 2010.

Growing demand of substitute prebiotics products such as Isomaltooligosaccharide (IMO) is likely to poses a possible threat to GOS market growth. North Carolina State University has recently developed new production technique from recombinant galactosyl transferase. This factor is likely to open up new avenue for industry growth.

Application Overview

GOS fortified food and beverages occupied a major chunk of the global volume with revenue generation estimated at over USD 400 million in 2013. This application is also likely to witness highest gains over the forecast period. It helps in maintaining digestive health of middle aged and elderly consumers and hence consumption of fortified food is on the rise in population of all age groups. GRAS recognition is also likely to surge its use in bars, dairy products, fruit drinks and waters/quenchers, fruit preparations, baby foods, and milk beverages.

Prebiotic dietary supplements accounted for more than 4% of the demand in 2013 and are expected to witness gains at an estimated CAGR of 7% from 2014 to 2022. Growing nutraceuticals demand on account of increased awareness towards nutrition is likely to surge GOS demand for this particular application.

Related Reports:

Aquafeed Market

Animal Feed Organic Trace Mineral Market 

Regional Overview

Europe was the dominant region with valuation of over USD 250 million in 2013. Presence of many infant formula producing companies including Danone, Humana and Ordesa Group has resulted in Europe being a net exporter. This region is also influence by high demand from dairy products, infant formula, functional foods, beverages, food supplements and cosmetics.

Asia Pacific GOS market accounted for more than 25% of the total volume in 2014 and is anticipated to witness highest gains at an estimated CAGR of over 9.5% up to 2020. Asia Pacific is the largest region for infant formulas owing to high demand from China as a result of increasing infant population (82 million children under five years of age).

Asia Pacific has immense growth potential as untapped markets including India & China provide opportunities due to increasing number of working women and rising per capita disposable income resulting in foreign players entering into the region. Global infant formula demand is expected to witness 2% annual growth with demand growing faster in Asia Pacific

Request a sample copy of this Report at:
http://www.hexaresearch.com/sample/294


About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Media Contact
Company Name: Hexa Research
Contact Person: Michelle Thoras and Ryan Shaw
Email: sales@hexaresearch.com
Phone: +1-800-489-3075
Address:Felton Office Plaza, 6265 Highway 9
City: Felton
State: California
Country: United States
Website: http://www.hexaresearch.com/research-report/galacto-oligosaccharides-market/

Comments are closed.