GOS Market Size, Share, Industry Analysis Report 2020

Published: Oct, 2015 | Pages: 61 | Publisher: Radiant Insights Inc.
Industry: Food | Report Format: Electronic (PDF)

The Report Contains Galacto-Oligosaccharides (GOS) Market Size By Application (Prebiotic Dietary Supplements, Food & Beverage) Competitive Analysis & Forecast, 2012 - 2020 Industry Overview Global galacto-oligosaccharides (GOS) market size is expected to reach 175.66 kilo tons by 2020, growing at a CAGR of 9.3% from 2014 to 2020. Growth in infant population is anticipated to drive GOS market over the forecast period. According to estimates, world population of children between ages 0-4 years was 642.2 million in 2010 and is expected to reach 1018.3 million by 2050. Global baby food industry is expected to generate USD 55 billion by 2015 owing to high demand for infant formula, dried baby food and prepared baby food. Prebiotics have been given GRAS status by U.S. FDA under section 201(s) of the Federal Food, Drug and Cosmetic Act. According to Article 13 of Regulation (EC) No. 1924/2006 by European Food and Safety Authority (EFSA), it is also recognized in reducing gastrointestinal discomfort and potential pathogenic micro-organisms. Increasing use as low calorie sweeteners and food ingredients in food & beverages application such as yogurt, soft drinks, chewing gums, cookies, ice creams and powdered & clabbered milk is anticipated to drive galacto-oligosaccharides market demand. Low per capita yogurt consumption in U.S., (6.7 kg in 2012), represents infancy statge. Increasing awareness regarding health benefits of yogurt is likely to drive GOS market growth. Spoonable yogurt, frozen yogurt and yogurt drinks combined generated retail sales of USD 7 billion in 2012, which was 17% higher than in 2010. Growing demand of substitute prebiotics products such as Isomaltooligosaccharide (IMO) is likely to poses a possible threat to GOS market growth. North Carolina State University has recently developed new production technique from recombinant galactosyl transferase. This factor is likely to open up new avenue for industry growth.

Europe GOS market size, by application, 2012-2020 (Tons)

Application Overview GOS fortified food and beverages occupied a major chunk of the global volume with revenue generation estimated at over USD 400 million in 2013. This application is also likely to witness highest gains over the forecast period. It helps in maintaining digestive health of middle aged and elderly consumers and hence consumption of fortified food is on the rise in population of all age groups. GRAS recognition is also likely to surge its use in bars, dairy products, fruit drinks and waters/quenchers, fruit preparations, baby foods, and milk beverages. Prebiotic dietary supplements accounted for more than 4% of the demand in 2013 and are expected to witness gains at an estimated CAGR of 7% from 2014 to 2022. Growing nutraceuticals demand on account of increased awareness towards nutrition is likely to surge GOS demand for this particular application. Regional Overview Europe was the dominant region with valuation of over USD 250 million in 2013. Presence of many infant formula producing companies including Danone, Humana and Ordesa Group has resulted in Europe being a net exporter. This region is also influence by high demand from dairy products, infant formula, functional foods, beverages, food supplements and cosmetics . Asia Pacific GOS market accounted for more than 25% of the total volume in 2014 and is anticipated to witness highest gains at an estimated CAGR of over 9.5% up to 2020. Asia Pacific is the largest region for infant formulas owing to high demand from China as a result of increasing infant population (82 million children under five years of age). Asia Pacific has immense growth potential as untapped markets including India & China provide opportunities due to increasing number of working women and rising per capita disposable income resulting in foreign players entering into the region. Global infant formula demand is expected to witness 2% annual growth with demand growing faster in Asia Pacific Competitive Market Share Global GOS market share is highly consolidated and was dominated by four companies, accounting for over 60.0% in 2013. Among these companies, Royal FrieslandCampina was the largest with over 20.0% of share in 2013. The Netherlands based FrieslandCampina is an integrated product manufacturer with lactose and GOS manufacturing facilities. Other major players include Yakult Honsha, Nissin Sugar, Ingredion, First Milk, Kerry, Samyang, Taiwan Fructose and Wuxi.

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 Table of Content

Chapter 1	Executive Summary

Chapter 2	GOS Industry Overview
2.1	Market Segmentation
2.2	Market Size and Growth Prospects
2.3	Galacto-Oligosaccharides (GOS) - Value Chain Analysis
2.4	GOS – Market Dynamics
2.4.1	Market driver analysis
2.4.1.1	Growing demand for infant formula
2.4.1.2	New Product Development
2.4.2	Market Restraint Analysis
2.4.2.1	Availability of substitutes
2.5	Key opportunities – Prioritized
2.6	Industry Analysis – Porter’s
2.7	GOS – Company market share analysis, 2013
2.8	GOS – PESTEL Analysis
2.9	Prebiotics Market Outlook
2.9.1	GOS benchmarking with other prebiotics

Chapter 3	GOS Application Overview
3.1	Global GOS market volume share by application, 2013 & 2020
3.2	Food & Beverage
3.2.1	Market estimates & forecast, 2009-2020
3.2.2	Market estimates & forecast by region, 2009-2020
3.3	Prebiotic Dietary Supplements
3.3.1	Market estimates & forecast, 2009-2020
3.3.2	Market estimates & forecast by region, 2009-2020
3.4	Other Applications
3.4.1	Market estimates & forecast, 2009-2020
3.4.2	Market estimates & forecast by region, 2009-2020

Chapter 4	GOS Regional Overview
4.1	Global GOS market volume share by region, 2013 & 2020
4.2	North America
4.2.1	Market estimates & forecast 2009-2020
4.2.2	Market estimates & forecast by application, 2009-2020
4.2.3	U.S. GOS market estimates and forecast, 2009-2020
4.2.4	Canada GOS market estimates and forecast, 2009-2020
4.3	Europe
4.3.1	Market estimates & forecast, 2009-2020
4.3.2	Market estimates & forecast by application, 2009-2020
4.4	Asia Pacific
4.4.1	Market estimates & forecast, 2009-2020
4.4.2	Market estimates & forecast by application, 2009-2020
4.5	RoW
4.5.1	Market estimates & forecast, 2009-2020
4.5.2	Market estimates & forecast by application, 2009-2020

Chapter 5	Competitive Landscape
5.1	Kerry Group
5.1.1	Company Overview
5.1.2	Financial Performance
5.1.3	Product Benchmarking
5.1.4	Strategic Initiatives
5.2	Megmilk Snow Brand Co., Ltd.
5.2.1	Company Overview
5.2.2	Financial Performance
5.2.3	Product Benchmarking
5.2.4	Strategic Initiatives
5.3	Ingredion
5.3.1	Company Overview
5.3.2	Financial Performance
5.3.3	Product Benchmarking
5.3.4	Strategic Initiatives
5.4	First Milk
5.4.1	Company Overview
5.4.2	Financial Performance
5.4.3	Product Benchmarking
5.5	Samyang Genex Corporation
5.5.1	Company Overview
5.5.2	Financial Performance
5.5.3	Product Benchmarking
5.6	Taiwan Fructose Co. Ltd.
5.6.1	Company Overview
5.6.2	Financial Performance
5.6.3	Product Benchmarking
5.6.4	Strategic Initiatives
5.7	New Francisco Biotechnology Corporation
5.7.1	Company Overview
5.7.2	Financial Performance
5.7.3	Product Benchmarking
5.7.4	Strategic Initiatives
5.8	Yakult Pharmaceuticals
5.8.1	Company Overview
5.8.2	Financial Performance
5.8.3	Product Benchmarking
5.8.4	Strategic Initiatives
5.9	Royal FrieslandCampina
5.9.1	Company Overview
5.9.2	Financial Performance
5.9.3	Product Benchmarking
5.9.4	Strategic Initiatives
5.10	Nissin Sugar Manufacturing Co. Ltd.
5.10.1	Company Overview
5.10.2	Financial Performance
5.10.3	Product Benchmarking
5.10.4	Strategic Initiatives
5.11	Clasado BioSciences
5.11.1	Company Overview
5.11.2	Financial Performance
5.11.3	Product Benchmarking
5.11.4	Strategic Initiatives
5.12	BaoLingBao Biology
5.12.1	Company Overview
5.12.2	Financial Performance
5.12.3	Product Benchmarking
5.12.4	Strategic Initiatives

Chapter 6	Methodology & Scope
6.1	Research Methodology
6.2	Research Scope & Assumptions
6.3	List of Data Sources

List of Tables

TABLE 1	GOS – Industry Summary & Critical Success Factors (CSFs)
TABLE 2	Global GOS market estimates and forecast, (Kilo Tons) (USD Million), 2009 – 2020
TABLE 3	Global GOS market volume by region, (Kilo Tons), 2009 – 2020
TABLE 4	Global GOS market revenue by region, (USD Million), 2009 - 2020
TABLE 5	Global GOS market volume by application, (Kilo Tons), 2009 - 2020
TABLE 6	Global GOS market revenue by application, (USD Million), 2009 - 2020
TABLE 7	GOS – Key market driver analysis
TABLE 8	GOS – Key market restraint analysis
TABLE 9	Global GOS demand in food & beverage, 2009-2020, (Tons) (USD Million)
TABLE 10	Global GOS volume in food & beverage, by region, 2009 – 2020, (Tons)
TABLE 11	Global GOS revenue in food & beverages by region, 2009 – 2020, (USD Million)
TABLE 12	Global GOS demand in dietary supplements, 2009-2020, (Tons) (USD Million)
TABLE 13	Global GOS volume in dietary supplements, by region, 2009 – 2020, (Tons)
TABLE 14	Global GOS revenue in dietary supplements, by region, 2009– 2020, (USD Million)
TABLE 15	Global GOS demand in other applications, 2009-2020, (Tons) (USD Million)
TABLE 16	Global GOS demand in other applications, by region, 2009 – 2020, (Tons)
TABLE 17	Global GOS revenue in other applications, by region, 2009 – 2020, (USD Million)
TABLE 18	North America GOS market estimates and forecast, 2009-2020, (Tons) (USD Million)
TABLE 19	North America GOS market volume estimates and forecast, by application, 2009 – 2020 (Tons)
TABLE 20	North America GOS market revenue estimates and forecast, by application, 2009 – 2020 (USD Million)
TABLE 21	U.S. GOS market estimates and forecast, 2009-2020, (Tons) (USD Million)
TABLE 22	Canada GOS market estimates and forecast, 2009-2020, (Tons) (USD Million)
TABLE 23	Europe GOS market estimates and forecast, 2009-2020, (Tons) (USD Million)
TABLE 24	Europe GOS market volume estimates and forecast, by application, 2009 – 2020 (Tons)
TABLE 25	Europe GOS market revenue estimates and forecast, by application, 2009 – 2020 (USD Million)
TABLE 26	Asia Pacific GOS market estimates and forecast, 2009-2020, (Tons) (USD Million)
TABLE 27	Asia Pacific GOS market volume estimates and forecast, by application, 2009 – 2020 (Tons)
TABLE 28	Asia Pacific GOS market revenue estimates and forecast, by application, 2009 – 2020 (USD Million)
TABLE 29	RoW GOS market estimates and forecast, 2009-2020, (Tons) (USD Million)
TABLE 30	RoW GOS market volume estimates and forecast, by application, 2009 – 2020 (Tons)
TABLE 31	RoW GOS market revenue estimates and forecast, by application, 2009 – 2020 (USD Million)

List of Figures

FIG. 1	GOS Market Segmentation
FIG. 2	Global GOS market volume and  revenue, 2009 – 2020 (Tons), (USD Million)
FIG. 3	Galacto-Oligosaccharides (GOS)- Value Chain Analysis
FIG. 4	GOS Market Dynamics
FIG. 5	Number of children aged 0 - 4 years in 2012, by region (Million)
FIG. 6	Global number of children aged 0 - 4 years, 2010-2050, (Million)
FIG. 7	U.S. yogurt market revenue, 2011-2020, (USD Billion)
FIG. 8	U.S. yogurt launches, by type
FIG. 9	Key Opportunities Prioritized
FIG. 10	Industry Analysis – Porter’s
FIG. 11	GOS - Company market share analysis, 2013
FIG. 12	GOS – PESTEL Analysis
FIG. 13	GOS market volume share by application, 2013 & 2020
FIG. 14	GOS market volume share by region, 2013 & 2020