Middle East & Africa Fructooligosaccharides (fos) Market Size & Outlook
Middle East & Africa fructooligosaccharides (fos) market, 2018-2030 (US$M)
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MEA fructooligosaccharides (fos) market highlights
- The MEA fructooligosaccharides (fos) market generated a revenue of USD 279.5 million in 2022.
- The market is expected to grow at a CAGR of 6.5% 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, South Africa is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 279.5 million |
| Market revenue in 2030 | USD 464.1 million |
| Growth rate | 6.5% (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, MEA region accounted for 10.8% 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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Middle East & Africa 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 75.17% in 2022. Horizon Databook has segmented the Middle East & Africa fructooligosaccharides (fos) market based on chicory, sucrose covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East and Africa (MEA) region is experiencing increasing sales for dairy products, which is projected to drive the demand for prebiotics, including FOS, in the market. This can be attributed to changing food habits and the rising market penetration of dairy products in the region.
In South Africa, the dietary supplements market is witnessing significant growth, primarily due to the increasing consumption of such products among millennials. The government's focus on creating awareness about the health benefits of digestive health supplements can further contribute to the market's expansion.
Notably, South Africa has the highest rates of obesity in Sub-Saharan Africa. There is a growing demand for natural and clean-label products in the MEA region. Consumers are becoming more conscious about the ingredients they consume and are seeking products that are free from artificial additives and preservatives.
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Our clientele includes a mix of fructooligosaccharides (fos) market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa fructooligosaccharides (fos) market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa fructooligosaccharides (fos) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA fructooligosaccharides (fos) market size, by country, 2018-2030 (US$M)
Middle East & Africa Fructooligosaccharides (FOS) Market Outlook Share, 2022 & 2030 (US$M)
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