Market revenue in 2022 | USD 661.9 million |
Market revenue in 2030 | USD 1,421.4 million |
Growth rate | 10% (CAGR from 2022 to 2030) |
Largest segment | Chicory |
Fastest growing segment | Sucrose |
Historical data covered | 2018 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Chicory, Sucrose |
Key market players worldwide | Cargill, Ingredion Inc, Meiji Holdings Co Ltd, TFF Group, Tata Chemicals, Beneo, Biosynth, galam |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fructooligosaccharides (fos) market will help companies and investors design strategic landscapes.
Chicory was the largest segment with a revenue share of 67.43% in 2022. Horizon Databook has segmented the Asia Pacific fructooligosaccharides (fos) market based on chicory, sucrose covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia-Pacific region is experiencing a notable shift toward health-consciousness and wellness trends, with consumers becoming increasingly aware of the importance of maintaining a healthy diet and lifestyle. As a result, fructooligosaccharide (FOS), known for its natural origin and proven health benefits, has emerged as a preferred choice for individuals seeking to improve their overall well-being.
The rising demand for FOS can be attributed to the growing awareness of its positive impact on digestive health, immunity, and weight management. In Japan, for example, the approval of Foods for Specific Health Uses (FOSHU) and displaying the FOSHU logo are necessary to make health claims.
Similarly, regulatory bodies such as Food Standards Australia and New Zealand (FSANZ) in Australia and New Zealand, and the Food Safety and Standards Act (FSSA) in India strictly govern dietary supplements, mandating pre-market approval for health claims.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific fructooligosaccharides (fos) market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific fructooligosaccharides (fos) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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