Market Size of Fructo Oligosaccharide Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 3.85 Billion |
| Market Size (2029) | USD 6.25 Billion |
| CAGR (2024 - 2029) | 10.19 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Fructo-Oligosaccharides Market Analysis
The Fructo Oligosaccharide Market size is estimated at USD 3.85 billion in 2024, and is expected to reach USD 6.25 billion by 2029, growing at a CAGR of 10.19% during the forecast period (2024-2029).
Fructooligosaccharide is a slightly sweet carbohydrate found naturally in the roots of certain plants (chicory root, Jerusalem artichoke, leek, asparagus, wheat bran, and bananas) or is synthesized by the enzymatic extraction from inulin. The increased application in industries like animal feed and pharmaceuticals is expected to propel the market's growth. The increasing use of products and dietary supplements with functional benefits, increasing health-conscious among the global population, and increasing concerns about obesity are driving the market for prebiotics, such as FOS, GOS, and MOS. The growing demand for prebiotics and dietary supplements is also supporting the demand for fructooligosaccharides.
With increasing knowledge of the product among consumers and a better understanding of its functions, the demand for fructooligosaccharides (FOS) is expected to increase rapidly over the forecast period. Moreover, changing lifestyles and rising concerns regarding health are expected to augment the market's growth. Increased prebiotic demand and rising government support are expected to augment the market's growth over the forecast period. Rising concerns regarding gut health and increased demand for low-calorie sweeteners are expected to fuel product growth over the next five years.
The actions performed by the industry participants are assisting the market's expansion. The emphasis on R&D efforts is one of the initiatives positively impacting the market. This would encourage the overall expansion of the industry and the recognition of the beneficial effects of FOS on health. The development of novel production methods that use recombinant enzymes, effective purification systems, enzyme engineering, and new substrates has also contributed to a decrease in the manufacturing cost and FOC's overall pricing, thus fuelling the market's growth.
