Fructooligosaccharides (FOS) Market to Reach US$ 858.0
Mn by 2022
According to a
new market research report published by Credence Research
“Fructooligosaccharides (FOS) Market (Food & Beverage, Dietary Supplements,
Animal Feed and Pet Food) - Growth, Share, Opportunities, Competitive Analysis,
and Forecast 2015 - 2022”
The global
fructooligosaccharides market was valued at US$ 344.0 Mn in 2014 and is
estimated to expand with a CAGR of 13.1% from 2015 to 2022.
Browse the full report at http://www.credenceresearch.com/report/fructooligosaccharides-fos-market
Market Insights:
The global
market for Fructooligosaccharides (FOS) is rising on the back of expanding food
and beverages industry. FOS is widely used as an alternative sweetener in food
and beverages industry. It is also considered less harmful when added to
various products as compared to its traditional counterparts. Due to its
superior quality and cost effectiveness it is projected to replace numerous
sweetener such as aspartame, xylitol and sucralose among others in the food and
beverages industry. Furthermore, increasing awareness regarding health benefits
associated with the usage of fructooligosaccharides in human and animals food
such as it promote calcium absorption in gut,
serves as a substrate for microflora in the large intestine and act as a
supplement for treating yeast infections will propel the market growth for FOS.
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New and
innovative product formulation with greater efficacy are helping manufacturers
to gain the consumers loyalty and in turn driving the demand for FOS.
Innovative solutions based on different products category with proven benefits
are expected to create true loyal customers. Increasing applications scope and
introduction of new products such as low-fat reduction creams, bakery products
and chocolates is projected to fuel the market demand for FOS over the coming
years. However, the market growth is hampered due to its certain side effects
when consumed in large quantities.
Competitive Insights:
The market for
FOS is highly competitive as many multinational and regional players are
present in this market. To maintain and enhance their market presence companies
are adopting different strategies. Company such as Meiji Seika Kaisha adopted
for joint venture strategy to enhance its geographical presence. On the other
hand some companies for instance, Orafti Active Food Ingredients are launching
new products to increase it foot hold in the market. Some of the key players
present in this market are Beneo-Orafti, GTC Nutrition, Beghin-Meiji, Cosucra,
and Meiji Seika Kaisha Ltd among others.
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Key Trends:
Geographical
expansion through organic as well as inorganic growth
Emphasis on
new and innovative product formulation
Focus on
enhancing new application scope of the product
About Us:
Credence
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organizations, governments, non legislative associations, and not-for-benefits.
We offer our customers some assistance with making enduring enhancements to
their execution and understand their most imperative objectives. Over almost a
century, we’ve manufactured a firm extraordinarily prepared to this task.
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