Global Fructooligosaccharides (FOS) Market Size By Type (Fructooligosaccharides From Chicory, Fructooligosaccharides From Sucrose), By Application (Food, Beverage), By Region, And Segment Forecasts, 2...

Report Id: 10729 | Published Date: Feb 2023 | No. of Pages: | Base Year for Estimate: Feb 2023 | Format:


The Global Fructooligosaccharides (FOS) Market was valued at USD 4.5 billion in 2023 and is projected to surpass USD 7.8 billion by 2031, growing at a CAGR of 7.2% during the forecast period from 2023 to 2031. The market's growth is driven by increasing awareness of gut health, the rising prevalence of digestive disorders, and the growing demand for functional foods and dietary supplements. Fructooligosaccharides, a prebiotic, play a vital role in promoting gut health by stimulating the growth of beneficial bacteria, making it a key ingredient in various health and wellness products.

Drivers:

Rising Awareness of Gut Health: Consumers are increasingly prioritizing digestive wellness, leading to higher adoption of FOS in foods, beverages, and supplements.

Demand for Functional Foods: The functional food segment is expanding, with FOS being incorporated into products designed for improved digestion and overall health.

Shift Toward Natural Ingredients: As consumers opt for cleaner labels and natural ingredients, FOS derived from sources like chicory and sugar beet is gaining traction.

Restraints:

High Production Costs: The extraction and refinement processes for FOS can be expensive, limiting its accessibility in cost-sensitive regions.

Regulatory Challenges: Stringent regulations surrounding food additives and prebiotic claims may hinder market growth.

Opportunities:

Expansion in Emerging Markets: Rapid urbanization and growing health awareness in Asia-Pacific and Latin America present lucrative opportunities.

Product Innovations: Ongoing research on FOS's potential health benefits is paving the way for innovative applications in pharmaceuticals and nutraceuticals.

Market by Source Insights:

The Chicory Root segment dominated the market in 2023 due to its high yield and sustainability. This source is widely used in functional foods and beverages, making it the preferred choice for FOS production.

Market by Application Insights:

The Dietary Supplements segment emerged as the largest revenue contributor in 2023, driven by the increasing adoption of prebiotics for gut health. The Infant Formula segment is also growing significantly as FOS is increasingly used to mimic human milk oligosaccharides.

Market by Regional Insights:

North America: Dominated the market in 2023 due to high health awareness and a well-established functional food industry.

Asia-Pacific: Expected to witness the highest growth rate, fueled by rising disposable incomes, urbanization, and increasing demand for dietary supplements in countries like China and India.

Competitive Scenario:

Key players in the Global FOS Market include BENEO GmbH, Cargill, Inc., FrieslandCampina Ingredients, Ingredion Incorporated, Roquette Frères, and Tate & Lyle PLC. These companies are focusing on expanding production capacities, strategic partnerships, and innovation in FOS-based products.

Scope of Work – Global Fructooligosaccharides (FOS) Market

Report Metric

Details

Market Size (2023)

USD 4.5 billion

Projected Market Size (2031)

USD 7.8 billion

CAGR (2023-2031)

7.2%

Key Segments by Source

Chicory Root, Sugar Beet, Others

Leading Application

Dietary Supplements

Major Regions

North America, Europe, Asia-Pacific, Latin America, MEA

Key Drivers

Rising awareness of gut health, demand for functional foods

Opportunities

Emerging markets, product innovations

 

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