The US galacto-oligosaccharide market is expected to show a significant growth rate during the forecast period. The growing awareness associated with the benefit of taking galacto-oligo-sugars by infants and adults alike, along with the growing demand for food and beverages and nutritional supplements in the country, is promoting the growth of the galacto-oligosaccharide market. Growing concerns about intestinal diseases, high blood pressure, diabetes and rickets among other chronic diseases have led to increased demand for food and functional beverages, which is expected to drive the demand for galacto oligosaccharides in the country. However, the high cost of this product due to the high price of the raw materials used for its production may interfere with its market growth.
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Moreover, the presence of the major market players in the region like Abbott, Nestle and Nissan, among others, who make a major contribution to the development of new products nourishes the market growth of Galacto oligosaccharides in the country. The technical complexity of the production method is a major obstacle for new entrants to the market. Market players are actively investing in new production methods to improve efficiency and maintain their position in the market. Furthermore, the market’s key players are adopting various growth strategies such as mergers and acquisitions, partnerships and collaborations among others to stay competitive in the galacto? Oligosaccharides market worldwide.
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- Market coverage
- Market number available for – 2022-2028
- Base year – 2021
- Forecast period – 2022-2028
- Covered segment – by source, by type of product, by applications
- Competitive View – Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market segmentation
Galacto oligosaccharides market in the US by application
- Infant formula
- Supplements
- Functional food and beverages
Company profiles
- Abbott Laboratories Inc.
- AIDP Inc.
- Baolingbao Biology Co., Ltd.
- Clasado Biosciences
- DuPont de Nemours, Inc.
- Puntra Cooperative Group Ltd.
- Ingredion Inc.
- Kerry Group plc
- Oligos
- Royal FrieslandCampina NV
- Vitalus Nutrition Inc.
- Yakult Honsha Co. Ltd
- ZuChem Inc.
The report covers
- A comprehensive research methodology of the US galacto-oligosaccharide market.
- This report also includes a detailed and extensive market overview with key insights from analysts.
- Exhaustive analysis of macro and micro factors influencing the market under the guidance of key recommendations.
- Analysis of regional regulations and other government policies affecting the US galacto? Oligosaccharide market.
- Insights into market factors that stimulate the galacto? Oligosaccharide market in the US.
- Detailed and extensive market segments with a regional distribution of revenue forecast.
- Extensive profiles and recent market player developments.
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