Market Overview
The Global Fructooligosaccharides (FOS) Market is expected to reach a market value of
USD 3.0 billion in 2023 and is further projected to reach a market value of
USD 6.7 billion by 2032 at a
CAGR of 9.6%. The Global Frucooligosaccharides Market refers to the industry involved in the manufacture, distribution & consumption of fructooligosaccharides as a dietary supplement.
This market has been growing really fast due to its potential
health benefits, as it improves gut health and, the immune system. It also acts as a sugar substitute for people looking to reduce their sugar intake. Fructooligosaccharides are oligosaccharides that are type of carbohydrate which is found in various plants, fruits, and vegetables such as chicory, garlic, asparagus, banana, artichoke, and others.
Fructooligosaccharides are also known by other names like oligofructose or oligofructan. These compounds are formed when short chains of carbohydrates composed of fructose molecules are linked together with one glucose molecule at the end. Fructooligosaccharides have a prebiotic nature which means that they can stimulate the growth of beneficial microorganisms like probiotics in the digestive system.
Market Dynamic
This market is influenced by many factors like disruption in supply chain, price fluctuations, shift in consumer preferences, competition, and reduced purchasing power of the consumers. In this market, when the supply of raw materials remains consistent the prices of products also stabilize but in case of unavailability of raw materials the product price start experiencing fluctuations. The shift in consumer preference is another factor that majorly affects the growth of this market.
Nowadays, consumers are easily influenced as they are facing more serious issues regarding health like diabetes, heart diseases that is significantly affecting their eating habits and food preferences. For example, now days consumers are avoiding sugar and preferring artificial sweeteners. After the shift in consumer choices, government guidelines regarding trade, taxation, and industry-specific rules also significantly affect market dynamics. These regulatory changes can impact production costs and market access. Increasingly, consumers and major manufacturers in this market are showing concerns about their social responsibility regarding sustainability. These factors will be the major driver behind the change in this market and push it forward to grow its market value even further.
Research Scope and Analysis
By Source
In this segment, insulin acts as a key source of fructooligosaccharides and dominates this market as it holds 72.4% of the total market share in 2023 and is expected to show this subsequent growth in the upcoming years as well. Insulin is derived from chicory and Jerusalem artichokes which serve as a primary source for fructooligosaccharides production. Insulin-rich sources contain a high concentration of fructooligosaccharides which makes them an ideal choice for manufacturers as they maximize yield and product quality.
Another reason why insulin-derived product are gaining popularity as a prebiotic and dietary fiber because they promote gut health and make the immune system stronger. These products are also preferred by consumers and food manufacturers due to their natural origin and perceived health advantages. Insulin-derived fructooligosaccharides can be extracted and processed more easily compared to other sources which makes it a cost-effective choice for manufacturers. This efficiency contributes to the growth of this market.
By Form
In by form segment, liquid forms hold the major portion of this market and is expected to show the subsequent growth in the forthcoming years as well. The reason behind the popularity of the liquid form is its wide product catalog, including beverages, and liquid dietary supplements. It dissolves readily and can be easily blended, making it a prominent choice for manufacturers. Liquid fructooligosaccharides can be added to various food & beverage products where it doesn’t alter their flavor and texture.
This versatile nature of liquid form makes it an efficient choice for manufacturers looking for new options to enhance the nutrient profile of their product. Overall, the dominance of liquid form in this segment can be attributed to its useful texture, shift in consumer preference and its alignment with current market trends. These factors contribute to its whispered use and popularity in the global fructooligosaccharides market.
By Application
In the Global Fructooligosaccharides Market, based on application, infant formulation stands out as a dominant category which holds 46.8% of the market share in 2023. There are several factors that can be attributed to the growth of this market. Infant formulations involve the production of specifically designed food products in accordance with the nutrient requirements of the infants.
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Fructooligosaccharides have also gained a significant portion of this market as their beneficial properties are considered to mimic the properties of breast milk. It serves as a prebiotic that fosters good gut microorganisms in infants, which are crucial for their overall health and digestion. The growth of balanced gut microbiota is significantly important in the early stage of life, as they influence long-term health outcomes. Moreover, as consumer awareness about the importance of early life nutrition and gut health will continue to grow, the demand for fructooligosaccharides formulated products for infants will continue to grow and positively impact the growth of this market.
The Global Fructooligosaccharides (FOS) Market Report is segmented on the basis of the following:
By Source
By Form
By Application
- Infant Formulation
- Food & Beverages
- Dietary Supplements
- Pet/Animal Feed
- Pharmaceutical
Regional Analysis
Europe region dominate the global FOS market as it holds the highest market share of 30.0% in 2023 and is showing significant growth prospects for the upcoming years. The reason behind this regions dominance can be attributed to its well-established food and beverage industry that pay strong attention to health and wellness. Fructooligosaccharides are known for its prebiotic and health-promoting properties, that aligns well with this region which strongly focus on the functional and nutritional properties of food products.
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European consumers are very attentive towards their health so they seek products that promote digestive wellbeing, in this prospect fructooligosaccharides fills the criteria by being a versatile ingredient found in a variety of products, including dairy items, cereals and functional beverages. The extensive research and development activities by European countries in the field of nutrition and wellness have also contributed to the dominance of this region in the global fructooligosaccharides market.
By Region
North America
Europe
- Germany
- The U.K.
- France
- Italy
- Russia
- Spain
- Benelux
- Nordic
- Rest of Europe
Asia-Pacific
- China
- Japan
- South Korea
- India
- ANZ
- ASEAN
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of Latin America
Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Israel
- Egypt
- Rest of MEA
Competitive Landscape
The competitive landscape of the global fructooligosaccharides market is characterized by the actions of multinational corporations, regional players, and startups. These companies are competing with each other to gain a competitive edge in this market that is driven by the growing demand for nutrient rich and healthy food products. Continuous research and development efforts are vital in this industry. Companies that invest in research and development create more growth opportunities and gain an edge over the others.
Nowadays, collaboration between fructooligosaccharides manufacturing companies, agricultural institutions, research centers, and universities are getting more frequent, as they collaborate to improve an existing product or develop a completely new product catalog. The competition between different companies in this market is affecting the business strategies and consumer choices.
In general, more competition leads to the development of a better product, but it also creates challenges for the companies that are trying to find their place in this market. Key players of this market are Benco, Biosynth, Cargill, Galam, Ingredion, Meiji Holdings Co. ltd, Tereos Group, Jarrow Formulas Inc., Nutriagaves, TATA Chemicals Ltd., Brenntag SE and others.
Some of the prominent players in the Global Fructooligosaccharides (FOS) Market are:
- Benco
- Biosynth
- Cargill
- Galam
- Ingredion
- Meiji Holdings Co. ltd.
- Tata Chemical Ltd.
- Tereos Group
- Jarrow Formulas Inc.
- Nutriagaves
- Brenntag SE
- Other Key Players
COVID-19 Pandemic & Recession: Impact on the Global Fructooligosaccharides (FOS) Market:
The COVID-19 pandemic and the following economic recession had a significant effect on various industries, including the Global fructooligosaccharides market. During the pandemic, this market saw a shift in its consumer preferences because the consumers started giving importance to their health and well being including the immune system and gut health. This trend led to an increased demand for products with functional ingredients like fructooligosaccharides, which are known for their beneficial effect on gut microbiota. With extended lockdowns and social distancing in place both online and offline distribution channels faced opposite effects, where due to lockdown offline market was having a tough time. The online distribution channels for shopping for food products saw a significant boost. While the pandemic posed challenges, it also presented new opportunities to grow in this market.
Report Details
| Report Characteristics |
| Market Size (2023) |
USD 3.0 Bn |
| Forecast Value (2032) |
USD 6.7 Bn |
| CAGR (2023-2032) |
9.6% |
| Historical Data |
2017 - 2022 |
| Forecast Data |
2023 - 2032 |
| Base Year |
2022 |
| Estimate Year |
2023 |
| Report Coverage |
Market Revenue Estimation, Market Dynamics, Competitive Landscape, Growth Factors and etc. |
| Segments Covered |
By Source (Sucrose and Insulin), By Form (Liquid,
Powder) By Application (Infant Formulation, Food &
Beverages, Dietary Supplements, Pet/Animal Feed
and Pharmaceutical) |
| Regional Coverage |
North America – The US and Canada; Europe – Germany, The UK, France, Russia, Spain, Italy, Benelux, Nordic, & Rest of Europe; Asia- Pacific– China, Japan, South Korea, India, ANZ, ASEAN, Rest of APAC; Latin America – Brazil, Mexico, Argentina, Colombia, Rest of Latin America; Middle East & Africa – Saudi Arabia, UAE, South Africa, Turkey, Egypt, Israel, & Rest of MEA
|
| Prominent Players |
Benco, Biosynth, Cargill, Galam, Ingredion, Meiji
Holdings Co. ltd., Tata Chemical Ltd, Tereos Group,
Jarrow Formulas Inc., Nutriagaves, Brenntag SE, and
Other Key Players |
| Purchase Options |
We have three licenses to opt for: Single User License (Limited to 1 user), Multi-User License (Up to 5 Users), and Corporate Use License (Unlimited User) along with free report customization equivalent to 0 analyst working days, 3 analysts working days and 5 analysts working days respectively. |
Frequently Asked Questions
The Global Fructooligosaccharides (FOS) Market is expected to reach a market value of USD 3.0 billion in
2023
The Global Frucooligosaccharides Market refers to the industry involved in the manufacture, distribution
& consumption of fructooligosaccharides as a dietary supplement.
Europe has been a dominant force in the Global Frucooligosaccharides Market as it possess 30.0% of the
market share in 2023 and is expected to grow its hold further in the forthcoming period of 2032.
The Key players of the Global Frucooligosaccharides Market are Benco, Biosynth, Cargill, Galam,
Ingredion, Meiji Holdings Co. ltd., Tata Chemicala, Tereos Group, Jarrow Formulas Inc., Nutriagaves,
TATA Chemicals ltd, Brenntag SE and others.