Fructooligosaccharides (FOS) are carbohydrates which offers various functional features such as low caloric value, prebiotic, hypolipidemic and hypocholestrolemic properties. They are composed of a combination of Kestose, Nystose and Fructosyl Nystose. These are obtained from sucrose by enzymatic addition of fructosyl moieties. Although fructooligosaccharides are present in trace amounts in natural foods like onions, asparagus, wheat, banana, tomato and honey, commercial production is accomplished, using microbial transferase such as fructosyl transferase or ?-fructofuranosidase. Due to its health benefits and functional properties, FOS will continue to exist in market as functional food ingredient for product formulations. The global fructooligosaccharides (FOS) market has gained sustainable growth owing to rising consumer concern towards gut health and growing dietary supplements market. Furthermore, growing trend of sugar, fat and calorie reduction have nurtured the demand for the fructooligosaccharides (FOS) products. However, the global fructooligosaccharides (FOS) market is hampered by high R&D cost of FOS products.
Investments in R&D to introduce new applications with cost effective manufacturing routes could provide growth opportunities for this market in the future. The global market is estimated and forecasted in terms of revenue (USD million) generated by the global fructooligosaccharides (FOS) market. The report analyses the global fructooligosaccharides (FOS) market based on source, application and geography. Based on source, the global fructooligosaccharides (FOS) market is segmented into inulin, sucrose and others. Amongst them, sucrose dominated the fructooligosaccharides (FOS) market in 2017 and its dominance is expected to continue over the forecast period. Sucrose fructooligosaccharides were the most widely employed in various applications because of easy availability of raw materials. Moreover, inulin was the second largest source used for the manufacturing of fructooligosaccharides. The product is being increasingly used in functional food & beverages which are expected to drive market growth. Based on application, the global fructooligosaccharides (FOS) market is categorized into animal feed, dietary supplements, food & beverage, infant formula and pharmaceuticals. In 2017, food & beverage segment dominated the market and is anticipated to maintain its market hold over the next six years. This segment is witnessing growth owing to rising consumer demand of various fructooligosaccharides (FOS) products across food and beverages industry.
FOS is generally used as an alternative sweetener in food and beverage industry. Also, it is viewed as less harmful when added to different items, when contrasted with its conventional partners. Moreover, growth in the animal feed industries in emerging economies is projected to augment the FOS market demand over the forecast period. By geography, the global fructooligosaccharides (FOS) market is studied across the countries of key regions such as, North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to account for the largest market for fructooligosaccharides (FOS) products in 2017, dominated by the U.S. The growth in this region is supported by high income population and increasing consumption of functional food. The Europe also represents a major market for fructooligosaccharides (FOS), led by the U.K., owing to increased demand from the dietary supplement application. Moreover, Asia-Pacific is the fastest growing market for fructooligosaccharides (FOS) products within the forecast period. Increasing population and rising consumer awareness regarding health benefits of the fructooligosaccharides product is expected to boost the market growth in this region.
The leading players of the global fructooligosaccharides (FOS) market are Roquette Frères, Baolingbao Biology, Co. Ltd., Beghin Meiji S.A. (Tereos), BENEO-Orafti SA, Cargill, Incorporated, Cheil Foods & Chemicals Inc., Cosucra Groupe Warcoing SA, FrieslandCampina Domo, GTC Nutrition, Ingredion Incorporated, Jarrow Formulas, Inc, Nutriagaves de Mexico S.A de C.V. and Sensus among others. Acquisition and expansion of production capacity are the common strategies adopted by the foremost companies. For instance, one of the key player Meiji Seika Kaisha Ltd. is largely engaged in product manufacturing under the brand Meioligo. The company made a joint venture with a France-based player Beghin-Meiji Industries to produce FOS under the brand name Actilight. Also, in 2017, BENEO-Orafti SA’s oligofructose received the status of ‘Generally Recognized as Safe’ (GRAS), for the use in the infant formula by the United States Food and Drug Administration (FDA).
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