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Europe Galacto-Oligosaccharide Market segmented by Product (Powder and Syrup), By Application (Food & Beverages, and Dietary Supplements), and By Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) – Size, Share, Trends, Growth, Forecast (2023 to 2028)

Published: March, 2023
ID: 4502
Pages: 145
Formats: report pdf report excel report power bi report ppt

Europe Galacto-oligosaccharide Market Growth and Forecast (2023 - 2028):

The Europe Galacto-oligosaccharide Market is estimated that will reach a valuation of US $ 25 billion by the end of 2028.

Market Overview:

The Galacto-oligosaccharide is a galactose chain mixed with glucose molecules, found mainly in lactose, present in several species of tubers and soybean varieties in dairy cows. Galacto-oligosaccharides move into the colon in their undigested form, which supports the growth and bowel movement of healthy bacteria. Galacto oligosaccharides are made up of plant sugars linked by chains. It is naturally found in foods like dairy products, beans, and some root vegetables. People use galacto oligosaccharides as a prebiotic. Prebiotics serves as food for the "healthy" bacteria in the gut. It is an indigestible carbohydrate with prebiotic properties. It is mainly used to promote the growth of beneficial bacteria. It is a product that helps digestion and is used as an ingredient in infant oil. One of the most important ingredients in breast milk is added to infant formulas to better reproduce breast milk. Galacto oligosaccharides are the most used to prevent gastrointestinal disorders such as constipation and allergies in babies. It can also be consumed through prebiotics and water-soluble fiber supplements. They are used in medications to treat asthma, skin conditions, digestive problems, food allergies, and colon cancer. In the large intestine, beneficial bifid bacteria promote growth. Galacto oligosaccharides are used in foods, dietary supplements, and pharmaceuticals.

Europe Galacto-oligosaccharide Market Growth:

The growth of the Europe Galacto-oligosaccharide market is expected to improve as the demand for confectionery products increases as awareness of people's health increases.

Drivers:

The growth of the European market for galacto oligosaccharides is expected to accelerate as the demand for oligosaccharides as a low-calorie sweetener in beverages, confectionery, and dairy products increases due to their slightly sweet taste and low-calorie properties. The increasing demand for prebiotic dietary supplements, the enormous health benefits, and the increased nutritional demands of the elderly population are the main drivers of the European Galacto-oligosaccharide market. Increasing demand for galacto oligosaccharides in beverages and dairy products, increased awareness of personal health, increased demand for confectionery products, and increased awareness of galacto oligosaccharides' health benefits are driving growth around the region. The growing concern for health and consumers' growing movement towards a sedentary lifestyle are prompting players in the European Galacto-oligosaccharide market to launch new products that can meet customer needs. Infants have been found to be the main consumers of galacto oligosaccharides. The elderly population suffers from various diseases associated with old age, which has caused an increase in food consumption consumption.

Furthermore, as the number of diabetic patients increases and the side effects of antidiabetic drugs increases, the demand for new dietary supplements through natural resources is also increasing. Functional oligosaccharides are possible antidiabetic treatments due to their probiotic, low calorie, and non-digestive properties. Therefore, these factors are expected to drive the growth of the European Galacto-oligosaccharide market during the forecast period. Investments by large companies are increasing rapidly due to increased demand. This has led to a sharp increase in the growth of the European Galacto-oligosaccharide market. Increasing individual disposable income is estimated to drive growth in the European Galacto-oligosaccharide market. Advances in technology and increasing demand for galacto oligosaccharides components in the beverage industry are also factors driving the growth of the European Galacto-oligosaccharide market. Artificially produced galacto oligosaccharides are safe for consumption by children and adults, as well as infants. The main applications of galacto oligosaccharides are functional foods and beverages and dietary supplements. With the growing elderly population and the growing health awareness of the world population, the demand for a variety of dietary supplements is increasing. These factors are expected to drive the growth of the European Galacto-oligosaccharide market during the forecast period. The increasing number of infants, the presence of several milk powder companies, and the high consumption of GOS products are the main factors driving the growth of the galacto oligosaccharides (GOS) market in Europe.

Restraints:

The high cost of GOS products and excessive consumption of GOS can cause health problems such as gas and stomach cramps, bloating and diarrhea, bowel sounds, limiting the market growth. Strict regulation related to the use of prebiotic ingredients is one of the main factors in reducing the growth of the market for European Galacto-oligosaccharide. Alternative growth to galacto oligosaccharides is known to reduce the growth of the market for Europe Galacto-oligosaccharide.

Europe Galacto-oligosaccharide Market Segmentation Analysis:

By Product, the Europe Galacto-oligosaccharide market is segmented as Powder and Syrup. The syrup sector held the largest share in 2020 due to factors such as dissolving and mixing easily with food and having good solubility. It melts easily without changing the properties of food, mixes with food ingredients, and is widely used as a sweetener in cooking.

By Application, the Europe Galacto-oligosaccharide market is segmented as Food & Beverages and Dietary Supplements. The food and beverage sector accounted for the largest share in 2021. This is due to factors such as higher investment by major companies, higher demand for prepared foods, and a greater sedentary lifestyle. Dietary supplements are estimated to be the fastest-growing sectors due to factors such as increased product launches and innovations, increased individual disposable income, increased awareness of individual health, and increased awareness of products.

Impact of COVID 19 on the Europe Galacto-oligosaccharide Market:

In fact, the coronavirus has potentially disrupted the supply chain and affected the supply of raw materials and finished products in the European Galacto-oligosaccharide market. The food and beverages industry is badly affected during the lockdown period as the restaurants, hotels, and others were completely shutdowns. Disrupted supply chain and manufacturing units are hugely impacted the galacto oligosaccharides market in Europe. However, with the government's unlock guidelines in the second half of 2020, all the activities were resumed where there is an increasing demand for the food and beverages products.

Regional Analysis:

The size of the European market for galacto oligosaccharides, led by the UK, Spain, France, Italy, and Germany, will experience significant growth over the foreseeable period. Increasing consumer awareness of health and willingness to spend on dietary supplements may increase product growth. The size of the European market for dietary supplements could exceed $ 25 billion by 2025. Furthermore, the growing population of the elderly in the region could increase the demand for a variety of dietary supplements, as they suffer from a variety of diseases related to age and are susceptible to malnutrition caused by eating disorders that occur in old age. The increasing number of infants, the presence of several milk powder companies, and the high consumption of GOS products are the main factors driving the growth of the galacto oligosaccharides (GOS) market in Europe. Germany's galacto oligosaccharides market shares are in top position due to increasing demand for product quality. UK and France are following Germany in holding the shares of the market with the increasing investments by government organizations in the food industry. Spain is likely to have prominent growth opportunities in the coming period.

Key Players in the Market:

Major Key Players in the Europe Galacto-oligosaccharide Market are

FrieslandCampina, Yakult Pharmaceutical Industry Co., Ltd., Quantum Hi-Tech Biological Co., Ltd., Ingredion Incorporated, Nissin Sugar Co., Ltd., New Francisco Biotechnology Corporation. Ltd.., Samyang Food Co., Ltd., Baolingbao Biology Co., Ltd. Etc.

 

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