Press release
Global Galactooligosaccharides(GOS) Market will reach 960 million US$ by the end of 2025
Galactooligosaccharides (GOS) is a chain of galactose (monosaccharide sugar) units that are produced by the enzymatic hydrolysis of lactose. GOS’s are
The global average price of Galactooligosaccharides (GOS) is in the decreasing trend, from 5778.52 USD/MT in 2011 to 5264.63 USD/MT in 2015. With the situation of global economy, prices will be in decreasing trend in the following five years.
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The classification of Galactooligosaccharides (GOS) includes Liquid Form and Power Form. The proportion of Power Form in 2015 is about 65.72%.
Galactooligosaccharides (GOS) is widely used in Food & Beverage, Dietary Supplements and other field. The most proportion of Galactooligosaccharides (GOS) is Dietary Supplements about 63% in 2015.
Europe region is the largest supplier of Galactooligosaccharides (GOS), with a production market share nearly 41% in 2015. Asia-Pacific is the second largest supplier of Galactooligosaccharides (GOS), enjoying production market share nearly 32% in 2015.
Europe is the largest consumption place, with a consumption market share nearly 37% in 2015. Following Europe, Asia-Pacific is the second largest consumption place with the consumption market share of 20%.
Market competition is concentrated. Friesland Campina, Yakult, Ingredion, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
The global Galactooligosaccharides(GOS) market is valued at 600 million US$ in 2017 and will reach 960 million US$ by the end of 2025, growing at a CAGR of 6.1% during 2018-2025.
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The major manufacturers covered in this report
Friesland Campina
Yakult
Ingredion
Nissin-sugar
Kerry
New Francisco Biotechnology
Taiwan Fructose
Baolingbao
Quantum Hi-Tech
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