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 Attribute | Details |
| No. of Pages | 94 |
| Forecast Period | 2022 – 2030 |
| Estimated Market Value (USD) in 2022 | $609.5 Million |
| Forecasted Market Value (USD) by 2030 | $1100 Million |
| Compound Annual Growth Rate | 7.7% |
| Regions Covered | Global |
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
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
- Global Market for Galacto-oligosaccharide (GOS)
