Fructooligosaccharides (FOS) is a prebiotic ingredient which has been used as a sweetener over the last few years mainly in the food & beverage industry. The product is projected to replace various sweeteners from the food & beverage industry such as xylitol, aspartame and sucralose on account of its cost effectiveness and superior properties. Furthermore, the FOS is considered to be less harmful when added to numerous products as compared to its other counterparts. Increasing consumer demand for low calorie or fat-free food along with health benefits FOS is projected to have a positive impact on the market.

Increasing application scope of FOS in various other industries such as in gums, dairy, soups and processed meat is projected to boost the market demand over the forecast period. Other applications for FOS includes animal feed and pet food. Growth in the pet food and animal feed industries in emerging economies is projected to augment demand over the next six years. Increasing consumption of functional foods mainly in North America and Europe is projected to increase FOS demand over forecast period. Moreover, it also used in manufacturing of dietary supplements as it helps in improve digestion when consumed in appropriate quantities. Investments in R&D to introduce new applications with cost effective manufacturing routes for FOS is projected to have new market opportunities over the next six years.

The report titled “Global Fructooligosaccharides (FOS) Market- Growth, Share, Opportunities and Competitive Analysis, 2021 – 2029” offers strategic insights into the global fructooligosaccharides (FOS) market along with the market size and estimates for the duration 2020 to 2029. The said research study covers in-depth analysis of multiple market segments based on applications and cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2020 & 2029. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities.

In order to help the strategic decision makers, the report also includes profiles of the leading fructooligosaccharides (FOS) manufacturers, their SCOT (Strength, Challenges, Opportunities and Weaknesses) analysis and key developments. The major players profiled in the report are Meiji Seika Kaisha Ltd, Jarrow Formulas, Cheil Foods and Chemicals Inc, Beneo-Orafti, Victory Biology Engineering Co., Ltd., Quantum Hi-Tech, Beghin-Meiji, Cosucra, Bailong Chuangyuan and CJ CheilJedang. Further, the report also covers market positioning of the key players operating in the fructooligosaccharides (FOS) market. Other in-depth analysis provided in the report includes:

• Current and future market trends to justify the forthcoming attractive markets within the fructooligosaccharides (FOS) industry
• Market fuelers, market impediments, and their impact on the market growth
• In-depth competitive environment analysis
• SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global fructooligosaccharides (FOS) market, offering market size and estimates for the period from 2021 to 2029, keeping in mind the above mentioned factors.

In 2020, food and beverages application segment dominated the fructooligosaccharides market and accounted for more than 75% share of the global market in terms of revenue. Rising health awareness and increasing demand for sugar and fat-free dairy products coupled with growing instance of chronic disease is projected to propel the market demand over the forecast period.  Animal feed is another lucrative segment for fructooligosaccharides and is projected to grow at a CAGR of 13.1% in terms of revenue from 2021 to 2029. The market is witnessing growth owing to growing dependence on animals as a source of protein and to enhance the overall health and metabolism of animals.

Furthermore, use of fructooligosaccharides in animal feed to improve the digestion, immune systems and animal performance is expected to drive the market growth. Emerging scope of fructooligosaccharides in niche applications such as pet food and dietary supplements is also projected to drive the fructooligosaccharides market growth over the forecast period.

Europe and Asia Pacific together accounted for more than 60% share of the total market demand in 2020. Europe was the largest market and projected to maintain its dominance over the forecast period. Whereas, Asia Pacific is projected to be the fastest growing market.  The market in Europe is projected to grow at significant rate owing rising consumer awareness and increasing concerns to improve overall health. Growing use of fructooligosaccharides (FOS) in functional foods and dietary supplements in the region on account of properties such as increased fiber content, improved texture and high functionality is expected to propel the market demand in the region.

Asia Pacific is witnessing growth on the back of rising demand from regions such as India, China and Japan. Moreover, increasing consumer awareness regarding the health benefits associated with FOS and increase instance of chronic disease in the region is projected to drive the FOS market during the forecast period. North America is another significant market for FOS and is projected to grow at a CAGR of 10.7% in terms of volume from 2021 to 2029.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Fructooligosaccharides (FOS) market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Fructooligosaccharides (FOS) market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Fructooligosaccharides (FOS) market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Fructooligosaccharides (FOS) market?
• Which is the largest regional market for Fructooligosaccharides (FOS) market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Fructooligosaccharides (FOS) market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Fructooligosaccharides (FOS) market worldwide?