North America Fructooligosaccharides (fos) Market Size & Outlook
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North America fructooligosaccharides (fos) market highlights
- The North America fructooligosaccharides (fos) market generated a revenue of USD 512.1 million in 2022.
- The market is expected to grow at a CAGR of 9.2% 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, U.S. is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 512.1 million |
| Market revenue in 2030 | USD 1,036.8 million |
| Growth rate | 9.2% (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, North America region accounted for 19.7% 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 |
|---|---|---|---|---|
| galam | View profile | - | https://www.galamgroup.com/about/ | |
| Tata Chemicals | View profile | 5001-10000 | Mumbai, Maharashtra, India, Asia | http://www.tatachemicals.com/ |
| Beneo | View profile | 501-1000 | Mannheim, Baden-Wurttemberg, Germany, Europe | https://www.beneo.com/ |
| Biosynth | View profile | 501-1000 | Saint Gallen, Sankt Gallen, Switzerland, Europe | https://www.biosynth.com |
| TFF Group | View profile | 1676 | Saint-Romain, Saint-Romain, France, 21190 | http://www.tff-group.com |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | http://www.cargill.com |
| Ingredion Inc | View profile | 11600 | 5 Westbrook Corporate Center, Westchester, IL, United States, 60154 | https://www.ingredion.com |
| Meiji Holdings Co Ltd | View profile | 24532 | 4-16, Kyobashi 2-chome, Chuo-ku, Tokyo, Japan, 104-0031 | http://www.meiji.com |
North America 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 73.33% in 2022. Horizon Databook has segmented the North America fructooligosaccharides (fos) market based on chicory, sucrose covering the revenue growth of each sub-segment from 2018 to 2030.
There has been a significant shift in consumer attitude toward holistic health and wellness, with a greater emphasis on gut health. As consumers become more proactive in managing their well-being, they are actively seeking products that offer digestive support.
FOS, known for its ability to selectively promote the growth of beneficial gut bacteria, has gained recognition as a natural and effective solution. North America has a vast population facing increased obesity levels and lifestyle-related diseases on account of their dietary habits, high disposable income, and availability of several processed and readyto-eat foods, which are not necessarily good for health.
The ‘transitioning face’ of food has evolved into functional foods & supplements, which can provide numerous health benefits beyond basic nutrition. With respect to this, products such as whole, fortified, enriched or enhanced foods and dietary supplements including carotenoids, probiotics, and CoQ10 potentially offer health benefits when consumed as part of a varied diet on a regular basis.
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Target buyers of North America fructooligosaccharides (fos) market databook
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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 North America fructooligosaccharides (fos) market , including forecasts for subscribers. This continent databook contains high-level insights into North America fructooligosaccharides (fos) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America fructooligosaccharides (fos) market size, by country, 2018-2030 (US$M)
North America Fructooligosaccharides (FOS) Market Outlook Share, 2022 & 2030 (US$M)
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