Press release
Galacto‐Oligosaccharides Market Increasing Demand, Growth Analysis and Future Outlook by 2031/ Abbott Laboratories, AIDP, Inc., BASF SE
Galacto-oligosaccharides market is projected to grow at a considerable CAGR of 8.5% during the forecast period. There is a high demand for functional food and beverages with prebiotic properties. The rising demand for fortifying food with prebiotic ingredients is anticipated to drive the growth of the galacto?oligosaccharides market across the globe. Fortification of functional food and beverages with galacto?oligosaccharides promotes the development of good bacteria and eliminates harmful bacteria, including salmonella, listeria, and campylobacter.The high use of galacto?oligosaccharides in the preservation of dairy products is expected to drive its market growth. The increasing awareness related to the advantage of taking galacto?oligosaccharides by both infants and adults along with the rising demand for food & beverages and dietary supplements across the globe is again driving the global market. Companies including ZuChem, Inc., Abbot Laboratories, and Glycosyn LLC have been making efforts to develop galacto?oligosaccharides for functional food and beverages. Several enzymes and chemicals used for manufacturing galacto?oligosaccharides are very expensive and have limited availability. This factor is likely to hinder the market growth. The considerable shift towards a sedentary lifestyle, rising disposable income, and increasing health-related concerns are anticipated to offer significant growth opportunities during the forecast period.
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Galacto‐Oligosaccharides Market Segmentation
By Application
Infant Formula
Dietary Supplements
Functional Food & Beverage
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Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Company Profiles
Abbott Laboratories
AIDP, Inc.
BASF SE
Clasado Biosciences
DuPont de Nemours, Inc.
Fonterra Co-operative Group, Ltd.
Glycosyn LLC
Ingredion Inc.
Kerry Group Plc
Nestle S.A.
Nissin Sugar Co., Ltd.
Olygose SAS
Royal FrieslandCampina N.V.
Taiwan Fructose Co., Ltd.
Vitalus Nutrition, Inc.
Yakult Pharmaceutical Industry Co., Ltd.
ZuChem, Inc.
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