About this market
Technavio's galacto-oligosaccharide market analysis considers sales from syrup and powder-based products. Our report also provides a detailed analysis of the market in APAC, Europe, MEA, North America, and South America. In 2019, the syrup segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as high solubility and easy consumption will play a significant role in the syrup segment to maintain its market position. Also, our global syrup market report looks at factors such as increasing need for supplementary nutrients among infants, growing popularity of e-commerce in healthcare industry, and health benefits of galacto-oligosaccharide. However, counterfeit products, relatively high costs of galacto-oligosaccharide products, and stringent regulations may hamper the growth of the galacto-oligosaccharide industry over the forecast period.
Health benefits of galacto-oligosaccharide
Owing to the health benefits such as, stimulation of immune functions, the absorption of essential nutrients, the production of powerful anti-oxidant H2 gas, and the synthesis of certain vitamin and minerals, galacto-oligosaccharide are used in applications such as prebiotics and nutritional supplements in the healthcare, and food and beverage industry. This demand will lead to the expansion of the global galacto-oligosaccharide market at a CAGR of almost 10% during the forecast period.
Use of nutraceuticals and prebiotics in treating chronic diseases
Nutraceuticals are a major share of prebiotics. Prebiotics such as, galacto-oligosaccharide, are used in various applications in health care industry, especially in managing certain chronic diseases. These are also used for the treatment of hay fever, Crohn's disease, diarrhea, digestive disorders, flu, and food allergies. Thus, the use of nutraceuticals and prebiotics in treating chronic diseases is expected to have a positive impact on the overall market growth.
For the detailed list of factors that will drive the global galacto-oligosaccharide market during the forecast period 2020-2024, view our report.
With the presence of several major players, the global galacto-oligosaccharide market is fragmented. Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading galacto-oligosaccharide manufacturers, that include Baolingbao Biology Co. Ltd., Clasado BioSciences, Fonterra Co-operative Group Ltd., Ingredion Inc., Lactose (India) Ltd., New Francisco (Yunfu City) Biotechnology Corp. Ltd., Nissin Sugar Co. Ltd., Quantum Hi-Tech (China) Biological co. Ltd., Royal FrieslandCampina NV, and Yakult Honsha Co. Ltd.
Also, the galacto-oligosaccharide market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
TABLE OF CONTENTS
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2019
- Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
- Market segmentation by product
- Comparison by product
- Syrup - Market size and forecast 2019-2024
- Powder - Market size and forecast 2019-2024
- Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- Europe - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- Asia - Market size and forecast 2019-2024
- ROW - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Use of nutraceuticals and prebiotics in treating chronic diseases
- Growing nutritional needs of elderly population
- Increasing awareness of nutraceuticals and prebiotics
PART 12: VENDOR LANDSCAPE
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Baolingbao Biology Co. Ltd.
- Clasado BioSciences
- Fonterra Co-operative Group Ltd.
- Ingredion Inc.
- Lactose (India) Ltd.
- New Francisco (Yunfu City) Biotechnology Corp. Ltd.
- Nissin Sugar Co. Ltd.
- Quantum Hi-Tech (China) Biological co. Ltd.
- Royal FrieslandCampina NV
- Yakult Honsha Co. Ltd.
PART 14: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO