Global Galacto-oligosaccharide (GOS) Market to Reach $1.1 Billion by 2030
The global market for Galacto-oligosaccharide (GOS) estimated at US$609.5 Million in the year 2022, is projected to reach a revised size of US$1.1 Billion by 2030, growing at a CAGR of 7.1% over the analysis period 2022-2030. Food & Beverage, one of the segments analyzed in the report, is projected to record 7.9% CAGR and reach US$830.9 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Pharmaceuticals segment is readjusted to a revised 4.9% CAGR for the next 8-year period.The U.S. Market is Estimated at $166.1 Million, While China is Forecast to Grow at 12.4% CAGR
The Galacto-oligosaccharide (GOS) market in the U.S. is estimated at US$166.1 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$260.8 Million by the year 2030 trailing a CAGR of 12.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 5.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR.Select Competitors (Total 43 Featured) -
- Campina N.V
- Clasado BioSciences
- Diary Crest
- First Milk Ltd.
- Friesland Campina
- Ingredion
- Kerry Group
- King Prebiotic
- Kowa Europe GmbH
- Nissin Sugar Co., Ltd.
- Quantum High-tech
- Royal FrieslandCampina
- Samyang
- Snow Brand Milk Products Co Ltd
- Yakult Honsha
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Campina N.V
- Clasado BioSciences
- Diary Crest
- First Milk Ltd.
- Friesland Campina
- Ingredion
- Kerry Group
- King Prebiotic
- Kowa Europe GmbH
- Nissin Sugar Co., Ltd.
- Quantum High-tech
- Royal FrieslandCampina
- Samyang
- Snow Brand Milk Products Co Ltd
- Yakult Honsha
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 94 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 609.5 Million |
Forecasted Market Value ( USD | $ 1100 Million |
Compound Annual Growth Rate | 7.7% |
Regions Covered | Global |