Europe Fructooligosaccharides (fos) Market Size & Outlook
Europe fructooligosaccharides (fos) market, 2018-2030 (US$M)
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Europe fructooligosaccharides (fos) market highlights
- The Europe fructooligosaccharides (fos) market generated a revenue of USD 755.0 million in 2022.
- The market is expected to grow at a CAGR of 8.6% from 2023 to 2030.
- In terms of segment, chicory was the largest revenue generating source in 2022.
- Sucrose is the most lucrative source segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 755.0 million |
| Market revenue in 2030 | USD 1,458.6 million |
| Growth rate | 8.6% (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 |
Other key industry trends
- In terms of revenue, Europe region accounted for 29.1% of the global fructooligosaccharides (fos) market in 2022.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,421.4 million by 2030.
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Fructooligosaccharides (FOS) Market Scope
Fructooligosaccharides (FOS) Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe fructooligosaccharides (fos) market outlook
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 73.43% in 2022. Horizon Databook has segmented the Europe fructooligosaccharides (fos) market based on chicory, sucrose covering the revenue growth of each sub-segment from 2018 to 2030.
Growing demand for infant food coupled with the presence of large number of FOS manufacturers in the region is expected to augment FOS industry growth. Moreover, the demand for FOS from the European functional food industry is expected to grow owing to increasing demand for prebiotic products.
Due to the increasing awareness of health and rising disposable income, the urbanization trend is driving the sales of packaged food items, which is leading to a surge in the demand for fructooligosaccharide (FOS) as a sweetener.
Recently, the European Food Safety Authority (EFSA) issued a favorable opinion regarding a health claim that involves substituting sugars with non-digestible carbohydrates in food and beverages, resulting in reduced post-prandial glycemic responses.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe fructooligosaccharides (fos) market , including forecasts for subscribers. This continent databook contains high-level insights into Europe fructooligosaccharides (fos) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe fructooligosaccharides (fos) market size, by country, 2018-2030 (US$M)
Europe Fructooligosaccharides (FOS) Market Outlook Share, 2022 & 2030 (US$M)
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