Global Galacto-oligosaccharide (GOS) Market to Reach $1.1 Billion by 2030


Dublin, Jan. 24, 2024 (GLOBE NEWSWIRE) -- The "Galacto-oligosaccharide (GOS) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Galacto-oligosaccharide (GOS), currently valued at US$609.5 Million, is on an ascendant path set to forge a revised market size of US$1.1 Billion by 2030. Expansion at this pace reflects a robust Compound Annual Growth Rate (CAGR) of 7.1% over the period from 2022 to 2030. Analysis within the sector demonstrates that the Food & Beverage segment showcases an even more dynamic trend, with projections estimating a 7.9% CAGR, aspiring to reach a noteworthy US$830.9 Million by the close of the analysis period.

United States and China Spearhead Market Progress in Galacto-oligosaccharide (GOS) Industry

Notably, the U.S. market holds a commanding value of US$166.1 Million as of 2022 and is a significant contributor to the overall GOS industry growth. However, it is China’s market that is forecasted to surge ahead with an exceptional 12.4% CAGR, predicting a market size of US$260.8 Million by the year 2030. This remarkable growth in China serves as a testament to the country's economic vitality and escalating demand within the sector. Furthermore, Japan and Canada exhibit steady gains, with estimated growth rates of 3.2% and 5.5% respectively through 2030. Europe continues its upward trend with Germany potentially advancing at a 4.5% CAGR.

  • Analysis of Market Dynamics and Competitive Landscape
  • Identification of High-Growth Sectors and Key Market Players
  • Impact Assessment of Global Events on Market Performance
  • Geographical Market Presence and Sector-Specific Growth Forecasts

Key Attributes:

Report AttributeDetails
No. of Pages94
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$609.5 Million
Forecasted Market Value (USD) by 2030$1100 Million
Compound Annual Growth Rate7.7%
Regions CoveredGlobal

A selection of companies mentioned in this report includes

  • 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

For more information about this report visit https://www.researchandmarkets.com/r/60stkg

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Global Market for Galacto-oligosaccharide (GOS)

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