North American galacto-oligosaccharides market is anticipated to showcase a considerable growth rate during the forecast period. The considerable shift towards a sedentary lifestyle, rising disposable income, and increasing health-related concerns are the key factors that are driving the growth of the market. Rising concerns regarding gut diseases, high blood pressure, diabetes, and rickets among other chronic diseases have resulted in an increased demand for functional food and beverages, which is expected to propel the regional demand for galacto?oligosaccharides. Therefore, the growing usage of dietary supplements and the rising demand for functional food in the region is again contributing towards the high share of the regional market. The demand for high nutritional food for children as well as adults is another factor driving the galacto?oligosaccharides market in North America.
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The galacto?oligosaccharides market is segmented on the basis of application into infant formula, dietary supplements, and functional food & beverage. Based on the application, the infant formula is expected to hold a major market share during the forecast period. 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 North American 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.
Research Methodology
The market study of the North American 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 the 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
3. Competitive Landscape
3.1. Competitive Dashboard
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
4. Market Determinants
4.1 Motivators
4.2 Restraints
4.1. Opportunities
5. Market Segmentation
5.1. North America Galacto?oligosaccharides Market by Application
5.1.1. Infant Formula
5.1.2. Dietary Supplements
5.1.3. Functional Food & Beverage
6. Regional Analysis
6.1. North America
6.1.1. US
6.1.2. Canada
7. Company Profiles
7.1. Abbott Laboratories Inc.
7.2. AIDP Inc.
7.3. Baolingbao Biology Co., Ltd.
7.4. Clasado Biosciences
7.5. DuPont de Nemours, Inc.
7.6. Fonterra Co-operative Group Ltd.
7.7. Ingredion Inc.
7.8. Kerry Group plc
7.9. Olygose ASA
7.10. Royal FrieslandCampina N.V.
7.11. Vitalus Nutrition Inc.
7.12. Yakult Honsha Co. Ltd
7.13. ZuChem Inc.
1. NORTH AMERICAN GALACTO?OLIGOSACCHARIDES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
2. NORTH AMERICAN GALACTO?OLIGOSACCHARIDES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
1. NORTH AMERICAN GALACTO?OLIGOSACCHARIDES MARKET SHARE BY APPLICATION, 2019 VS 2026 (%)
2. NORTH AMERICAN GALACTO?OLIGOSACCHARIDES MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
3. THE US GALACTO?OLIGOSACCHARIDES MARKET SIZE, 2019-2026 ($ MILLION)
4. CANADA GALACTO?OLIGOSACCHARIDES MARKET SIZE, 2019-2026 ($ MILLION)