Asia-Pacific galacto-oligosaccharides market is anticipated to showcase a considerable growth rate during the forecast period. The growing infant mortality rate, increasing disposable income, and rising consumer awareness related to their health management are the key factors that are promoting the adoption of galacto-oligosaccharides in their diet which in turn is driving the market growth. The growing population in the Asia-Pacific region is providing a significant opportunity for baby products, confectionery and bakery products and milk-based products. As a result, it has been attracting a considerable number of market players to launch their product offerings in this region. According to the India Brand Equity Foundation (IBEF), the food processing industry in India accounts for a total of 32% of India’s total food market. The growing food and beverage industry in the country is anticipated to drive the growth of the market in the region.
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Furthermore, the presence of the major market players in the region such as Elicityl SA, Glycosyn LLC, Gnubiotics, Inbiose NV, Jennewein Biotechnologie GmbH among others that are making a key contribution towards the development of new products is fuelling the market growth of galactooligosaccharides in Asia-Pacific. 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.
The galacto-oligosaccharides market is segmented on the basis of application infant formula, dietary supplements, and functional food & beverage. In Asia-Pacific, the demand for liquid galacto-oligosaccharides is high as this form is highly being used in the production of food products such as beverages, fermented milk, and so on. The growing adoption of galacto-oligosaccharides in making nutritious formula for infants is a key factor contributing to the growth of the market segment.
Research Methodology
The market study of the Asia-Pacific galacto-oligosaccharides market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
The Report Covers
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Market Determinants
4.1 Motivators
4.2 Restraints
3.1. Opportunities
4. Market Segmentation
4.1. Asia-Pacific Galacto?oligosaccharides Market by Application
4.1.1. Infant Formula
4.1.2. Dietary Supplements
4.1.3. Functional Food & Beverage
5. Regional Analysis
5.1. China
5.2. India
5.3. Japan
5.4. Rest of Asia-Pacific
6. Company Profiles
6.1. Abbott Laboratories
6.2. Baolingbao Biology Co., Ltd.
6.3. BASF SE
6.4. Clasado Biosciences
6.5. DuPont de Nemours, Inc.
6.6. Ingredion Inc.
6.7. Kerry Group plc
6.8. Nestle S.A.
6.9. Olygose SAS
6.10. Taiwan Fructose Co., Ltd.
6.11. Yakult Pharmaceutical Industry Co., Ltd.
1. ASIA-PACIFIC GALACTO?OLIGOSACCHARIDES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
2. ASIA-PACIFIC GALACTO?OLIGOSACCHARIDES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
1. ASIA-PACIFIC GALACTO?OLIGOSACCHARIDES MARKET SHARE BY APPLICATION, 2019 VS 2026 (%)
2. ASIA-PACIFIC GALACTO?OLIGOSACCHARIDES MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
3. INDIA GALACTO?OLIGOSACCHARIDES MARKET SIZE, 2019-2026 ($ MILLION)
4. CHINA GALACTO?OLIGOSACCHARIDES MARKET SIZE, 2019-2026 ($ MILLION)
5. JAPAN GALACTO?OLIGOSACCHARIDES MARKET SIZE, 2019-2026 ($ MILLION)
6. REST OF ASIA-PACIFIC GALACTO?OLIGOSACCHARIDES MARKET SIZE, 2019-2026 ($ MILLION)