European galacto-oligosaccharides market is anticipated to showcase a considerable growth rate during the forecast period. Galacto-oligosaccharides are non-digestible oligosaccharides with prebiotic properties that can be incorporated into a wide number of products. The rising demand for fortifying food with prebiotic ingredients is anticipated to drive the growth of the galacto?oligosaccharides market in Europe. It is often used in the food processing sector, as it is a good and healthy substitute for fat and sugar. A considerable increase in concerns related to diabetes and obesity across the region is further expected to fuel demand for the galacto?oligosaccharides market in Europe. Germany has anticipated to holds a major market share in the market owing to its well-developed food processing sector. The bakery and confectionery sectors of the country are among the major consumers of galacto?oligosaccharides hence are anticipated to drive the regional market.
The galacto?oligosaccharides market is segmented on the basis of application into infant formula, dietary supplements, and functional food & beverage. The growing adoption of the galacto?oligosaccharides in making nutritious formula for infants is a key factor contributing to the growth of the market segment. Nestle S.A., Zuchem, Inc., BASF SE, DuPont de Nemours, Inc., Elicityl SA, Glycosyn LLC, Gnubiotics, Inbiose NV, Jennewein Biotechnologie GmbH, and so on are among the key players operating in the European galacto?oligosaccharides market. The technical complexity of the production method is a major restraint for the new market entrants. The market players are actively investing in new production methods to improve efficiency and to retain their market position.
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Market Coverage
- Market number available for – 2023-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
European Galacto?oligosaccharides Market by Application
- Infant Formula
- Dietary Supplements
- Functional Food & Beverage
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Regional Analysis
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Company Profiles
- AIDP Inc.
- Baolingbao Biology Co., Ltd.
- BASF SE
- Clasado Biosciences
- Elicityl SA
- Ingredion Inc.
- JenneweinBiotechnologie GmbH
- Kerry Group plc
- Nestle S.A.
- Olygose SAS
- Royal FrieslandCampina N.V.
- Vitalus Nutrition Inc.
- Yakult Honsha Co. Ltd
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