Galacto-Oligosaccharide (GOS) Market by Product (Syrup, Powder), End User (Infant Formulas, Dairy Products, Food Supplements, Beverages, Bakery & Confectionery, Others), Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2019 to 2026
New Jersey, NJ, July 08, 2019 (GLOBE NEWSWIRE) -- Fior Markets launched a study titled "Galacto-Oligosaccharide (GOS) Market by Product (Syrup, Powder), End User (Infant Formulas, Dairy Products, Food Supplements, Beverages, Bakery & Confectionery, Others), Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2019 to 2026". As per the report, The global galacto-oligosaccharide (GOS) market is expected to grow from USD 768.38 million in 2018 to USD 1,622.28 million by 2026 at a CAGR of 9.79% during the forecast period 2019-2026. The key contributing factors for the market growth are growing need for prebiotic dietary supplements, tremendous health benefits, and growing nutritional needs of the elderly population
Galacto-oligosaccharides (GOS), also known as oligogalactose, or transgalactooligosaccharides (TOS), belongs to the group of prebiotics and are non-digestible food ingredients. It helps in resisting hydrolysis by salivary and intestinal digestive enzymes. The increasing occurrences of chronic diseases globally has increased the consumption rate of galacto-oligosaccharides (GOS). According to Federal Food, Drug, and Cosmetic Act (section 201(s)) of U.S., the GOS is safe for consumption and has given GRAS (Generally Recognized as Safe) status. The increasing demand for the product and consumer awareness regarding healthy eating has increased the market growth. The tremendous benefits provided by GOS include improving the digestive health of middle and old aged consumer and rising consumption of low-fat based products which will also increase the demand over the forecast period.
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Global Galacto-oligosaccharides (GOS) Market Key Findings:
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All the segments have been analysed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment.
This study forecasts revenue and volume growth at global, regional, and country levels from 2016 to 2026. Fior Markets has segmented the global galacto-oligosaccharide (GOS) market on the basis of below mentioned segments:
Global Galacto-Oligosaccharide (GOS) Market, By Product:
Global Galacto-Oligosaccharide (GOS) Market, By End User:
Global Galacto-Oligosaccharide (GOS) Market, By Regions:
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