FoS-Oligo Syrups Market: Market Outlook
FoS is an important oligosaccharide naturally present in plants like blue agave, onion, asparagus, garlic, banana, chicory and few others. The FoS-oligo syrups is a colourless or light yellow transparent viscous liquid. It has low sweetness intensity (30-50 per cent) but most importantly they are calorie-free and non-carcinogenic. The FoS-Oligo syrups have some functional qualities which promote the healthy digestive system, improve the immune system, and do not increase the blood sugar like other sweeteners.
FoS-Oligo syrups are nothing but carbohydrates listed as fibers. The usage of this syrup is mainly found in baby products because of its prebiotic property. Apart from this, it is used in beverages, syrups and food products as an alternative for sugar due to its low-calorie nature. The major constraint to this FoS-Oligo syrups market is that excessive use may cause diarrhoea, nausea, stomach cramps and others.
FoS-Oligo Syrups Market: Market Dynamics
The Food and Beverage industry consumption driving the FoS-Oligo Syrups market
FoS-Oligo syrups have proven to be a healthy option for sugar. It helps to mask the aftertaste of high-intensity sweeteners. It improves texture, mouthfeel and flavours of the food products. FoS-Oligo syrups are preferred by many ice-cream, cookies, and cereal bars producers. Shelf life for this FoS-Oligo syrups is near about six months after opening the package. All these characteristics are attracting others from the food and beverage industry. This is fueling the growth of the FoS-Oligo syrups market.
Increase in consumption of FoS-Oligo Syrups market due to consumption in the Pharmaceutical Industry
Fructooligosaccharide has beneficial functional properties and few key qualities such as non-carcinogenicity, helps the absorption of calcium and magnesium, decreases the level of phospholipids and others. The pharmaceutical industry is investing in research and development of a different formula for diabetic patients using the FoS-Oligo syrups. This is boosting the demand for the FoS-Oligo syrup market.
FoS-Oligo Syrups Market: Segmentation
On the basis of source type, the global FoS-Oligo syrups market has been segmented as
On the basis of application, the global FoS-Oligo syrups market has been segmented as
On the basis of Distribution Channel, the global - market has been segmented as
On the basis of Region, the global - market has been segmented as
FoS-Oligo Syrups Market: Key Players
Meiji Food Materia, Nutriagaves de Mexico S.A de C.V. Beghin-Meiji, Beneo, Ingredion, Cosucra Groupe Warcoing SA, Sensus, Quantum Hi-Tech, FrieslandCampina Domo, CJ CheilJedang, Baolingbao and Tata and few leading players in the FoS-Oligo syrups market.
FoS-Oligo Syrups Market: Opportunities
The easy availability of raw material, low carbon footprint, low cost of production, increasing demand for the FoS-Oligo syrups and many more factors are luring new entrants into this market. The existing players surely have an edge over new entrants –but all the players will have a fair opportunity in the future owing to the rising demand for the FoS-Oligo syrups.
FoS-Oligo Syrups Market: Regional outlook
The European markets have contributed highest in the FoS-Oligo syrups market in the past few years. The rising demand for baby food, innovative infant products have shown good response to FoS –Oligo syrups owing to its properties like prebiotic effects, memory enhancement, brain development, improved immunity and others.
The North American, Latin American and Asian markets remain the leading producers of the FoS –Oligo syrups. The consumption of FoS-Oligo syrups has increased in these markets as an alternative for sugar. In the Asian market, China has witnessed tremendous demand for FoS-Oligo syrups from the last decade.
COVID-19 Impact on Global FoS-Oligo Syrups market
The FoS-Oligo syrups supply side was majorly hampered by the outbreak of COVID-19. The raw material could not reach to manufacturing plants, the supply chain was disturbed, manufacturing plants were shut. Despite this, the FoS-Oligo syrups market will show a positive outlook in the forecasted period because of its rising popularity amongst health and diet-conscious consumers. So, the overall impact of this global pandemic will be moderate to low on the FoS-Oligo syrups market.