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Fructooligosaccharides (FOS) Market Size & Share, By Source (Sucrose, Chicory), Form (Liquid, Powder), Application (Infant Formulation, Food & Beverages), Regional Forecast, Industry Players, Growth Statistics Report 2024-2032

Report ID: FBI 5835

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Published Date: Aug-2024

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Format : PDF, Excel

Market Outlook:

Fructooligosaccharides (FOS) Market surpassed USD 2.58 Billion in 2023 and is expected to exceed USD 5.56 Billion by end of the year 2032, observing around 8.9% CAGR between 2024 and 2032.

Base Year Value (2023)

USD 2.58 Billion

19-23 x.x %
24-32 x.x %

CAGR (2024-2032)

8.9%

19-23 x.x %
24-32 x.x %

Forecast Year Value (2032)

USD 5.56 Billion

19-23 x.x %
24-32 x.x %
Fructooligosaccharides (FOS) Market

Historical Data Period

2019-2023

Fructooligosaccharides (FOS) Market

Largest Region

Europe

Fructooligosaccharides (FOS) Market

Forecast Period

2024-2032

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Market Dynamics:

Growth Drivers & Opportunity:

Fructooligosaccharides Market is expected to witness significant growth due to the increasing demand for functional food and dietary supplements, growing awareness about the health benefits of prebiotics, and rising prevalence of digestive disorders.

Report Scope

Report CoverageDetails
Segments CoveredSource, Form, Application
Regions Covered• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company ProfiledBeneo, Biosynth, Cargill, Incorporated, Galam, Ingredion, Meiji Holdings, Tata Chemicals., Tereos Group

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Industry Restraints:

However, the high cost of production and limited availability of raw materials for fructooligosaccharides production are expected to hinder market growth. Additionally, stringent regulations and labeling requirements for prebiotic products can pose challenges for market players in terms of compliance and market entry.

Regional Forecast:

Fructooligosaccharides (FOS) Market

Largest Region

Europe

29% Market Share in 2023

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North America:

The North America region, comprising the U.S. and Canada, is expected to witness significant growth in the fructooligosaccharides market. Increasing consumer awareness regarding the health benefits of fructooligosaccharides is driving the market growth in this region. Additionally, the growing demand for prebiotic ingredients in the food and beverage industry is further fueling the market expansion.

Asia Pacific:

In Asia Pacific, countries like China, Japan, and South Korea are expected to be key contributors to the fructooligosaccharides market growth. The rising prevalence of lifestyle-related diseases and increasing focus on preventive healthcare are driving the demand for functional food ingredients like fructooligosaccharides in the region. Moreover, the growing adoption of healthy dietary habits is boosting the market growth in Asia Pacific.

Europe:

The European market, including the United Kingdom, Germany, and France, is also witnessing significant growth in the fructooligosaccharides market. The increasing consumer preference for natural and organic food products is driving the demand for fructooligosaccharides in the region. Furthermore, stringent regulations regarding the use of synthetic food additives are encouraging the adoption of natural ingredients like fructooligosaccharides in the European food and beverage industry.

Report Coverage & Deliverables

Historical Statistics Growth Forecasts Latest Trends & Innovations Market Segmentation Regional Opportunities Competitive Landscape
Fructooligosaccharides (FOS) Market
Fructooligosaccharides (FOS) Market

Segmentation Analysis:

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In terms of segmentation, the global Fructooligosaccharides (FOS) market is analyzed on the basis of Source, Form, Application.

Fructooligosaccharides (FOS) Market

Sucrose Source

The Fructooligosaccharides market segmented based on source includes sucrose and chicory. Sucrose, derived from sugar cane or sugar beets, is a popular source of FOS in the market due to its widespread availability and cost-effectiveness. Sucrose-based FOS products are commonly used in infant formulations and food & beverages due to their sweet taste and functional properties.

Chicory Source

Chicory, a plant native to Europe, is another important source of Fructooligosaccharides in the market. Chicory root is known for its high FOS content and is commonly used as a natural prebiotic in various applications. Chicory-based FOS products are preferred by health-conscious consumers looking for natural and plant-based ingredients in their products.

Liquid Form

The Fructooligosaccharides market segmented based on form includes liquid and powder. Liquid FOS products are convenient for manufacturers to incorporate into beverages, syrups, and liquid formulations. Liquid FOS is often used in infant formulations and functional beverages to provide prebiotic benefits and improve digestive health.

Powder Form

Powdered Fructooligosaccharides are popular in the market for their versatility and ease of use in various applications. Powdered FOS products can be easily added to dry mixes, baked goods, dairy products, and supplements. Powdered FOS is commonly used in food & beverage products targeting gut health and overall wellness.

Infant Formulation Application

The Fructooligosaccharides market segmented based on application includes infant formulation and food & beverages. FOS is commonly added to infant formulas and baby foods to mimic the prebiotic effects of breast milk and promote healthy gut flora in infants. FOS is believed to support immune function, digestion, and overall health in infants and young children.

Food & Beverages Application

In the food & beverages sector, Fructooligosaccharides are widely used as a prebiotic ingredient in various products, including dairy, bakery, snacks, and functional beverages. FOS is known for its ability to selectively stimulate the growth of beneficial gut bacteria, improve digestion, and enhance nutrient absorption. Food & beverage manufacturers are increasingly incorporating FOS into their products to cater to the growing demand for healthy and functional foods.

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Competitive Landscape:

The competitive landscape in the Fructooligosaccharides Market is characterized by intense rivalry among key players striving for market dominance through various strategies such as product innovation, mergers and acquisitions, and strategic partnerships. The market is highly fragmented with numerous small and large companies competing for market share. Some of the top players operating in the Fructooligosaccharides Market across the world include:

1. Beneo

2. Meiji

3. CJ CheilJedang Corp.

4. Imperial Sugar Company

5. Alitzer

6. QHT

7. Meiji Seika

8. Orafti

9. BENEO

10. Ragunandy Sugar Industries

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Fructooligosaccharides (FOS) Market Size & Share, ...

RD Code : 24