According to a recent FMI report, the global fructo-oligosaccharides market size is anticipated to cross a valuation of US$ 4,919.50 Mn by the end of 2033. It is projected to grow at a CAGR of approximately 6% between 2023 and 2033.
Fructo-oligosaccharides are short-chain carbohydrates that occur naturally in many fruits and vegetables. They are also sometimes added to processed foods as a sweetener or dietary fiber. The demand for fructo-oligosaccharides is increasing due to their various health benefits such as promoting gut health and improving mineral absorption. There are two types of fructo-oligosaccharides, namely, inulin and oligofructose.
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Rising awareness about the health benefits of fructo-oligosaccharides is expected to drive growth in the global market. Demand for prebiotic ingredients is increasing across the globe owing to the growing popularity of functional foods and beverages.
Moreover, the need for fortifying and nutritional food additives is anticipated to surge at a fast pace in the next ten years, thereby pushing sales of fructo-oligosaccharides. Many food and beverage manufacturers are also utilizing fortification of nutritional additives such as minerals, vitamins, fibers, and omega-3 fatty acids in their final product offerings. To increase the nutritional content in food items, these companies are likely to adopt fructo-oligosaccharides.
Apart from the aforementioned factors, fructo-oligosaccharides help in promoting the growth of healthy bacteria in the gut. They also help to regulate blood sugar levels and improve digestion. Many restaurants and cafes are set to use these low-calorie sweeteners across the globe to replace sugar in various recipes.
Key Takeaways from the Fructo-Oligosaccharides Market Report
- The market for fructo-oligosaccharides in North America is expected to register a 38% CAGR between 2023 and 2033.
- The fructo-oligosaccharides market size is projected to be valued at US$ 3,167.80 Mn by 2023.
- The global market for fructo-oligosaccharides is expected to rise at a CAGR of 6% during the forecast period.
- The global market for fructo-oligosaccharides is expected to surpass US$ 4,919.50 Mn by the end of 2033.
- The U.S., China, Canada, Germany, and Mexico are the major countries driving demand for fructo-oligosaccharides.
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Competitive Landscape: Fructo-Oligosaccharides Market
Some of the key players in the fructo-oligosaccharides market are Beghin-Meiji, Baolingbao, CJ CheilJedang, Beneo, Ingredion, Cosucra, Quantum Hi-Tech, Meiji Food Materia, Tata, and Sensus. North America currently holds the largest market share, and this region is expected to continue to expand during the projection period.
This can mainly be attributed to the region’s growing population and rising disposable income levels. Furthermore, the North America fructo-oligosaccharides market is expected to increase at a fast pace in the next ten years due to the presence of a favorable legal and regulatory environment.
Get Valuable Insights into Fructo-Oligosaccharides Market
FMI, in its new offering, provides an unbiased analysis of the fructo-oligosaccharides market presenting historical demand data (2017-2022) and forecast statistics for the period from (2023-2033). The study divulges compelling insights on the demand for fructo-oligosaccharides market based on form (solid, liquid), by source (sucrose, inulin), by application (infant formulation, food and beverages, animal feed, dietary supplements, pharmaceuticals).
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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