Market Overview:
The global oligofructan market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for oligofructans from the food industry, baby nutrition products, and health products segments. Additionally, rising awareness about the benefits of oligofructans is also contributing to the growth of this market. Based on type, the global oligofructan market can be segmented into liquid and solid forms. The liquid form is expected to account for a larger share of this market than the solid form during the forecast period. This can be attributed to its easy availability and convenience in use. Based on application,the global oligofructanmarket can be segmented into food industry, baby nutrition products, health products, and other applications segments.
Product Definition:
A type of sugar molecule found in certain fruits and vegetables, oligofructan is believed to have several health benefits, including weight loss and improved blood sugar control. Oligofructan can be found in foods such as onions, garlic, asparagus, and bananas.
Liquid:
Oligofructan is a polymer with a high content of sugar. It has been used as an important feedstock for the production of biopolymers and biofuels. Oligofructans are obtained from renewable resources such as corn cobs, wheat, rice bran, and soybean meal.
Solid:
Solid is a form of organic fertilizer comprising of clay and organic matter. It has high demand in oligofructan market as it improves the soil’s fertility, structure and texture. The solid fertilizers are manufactured by combining different minerals such as superphosphate, dolomite, ground rock phosphate (GMP), polyphosphates (PPP), etc.
Application Insights:
The food industry was the largest application segment and accounted for a revenue share of more than 50% in 2017. Oligofructan is used as thickeners, emulsifiers, gelling agents, texturizers and foaming agents in various food products such as sauces, soups, gravies and dressings. The product helps enhance the nutritional value of foods by improving their texture. It also acts as a natural thickening agent that helps reduce calories while maintaining nutrition levels.
Oligofructan is widely used in baby nutrition products to provide necessary nutrients to infants under six months of age due to its high iron content that aids hemoglobin formation. The product also contains essential vitamins such as vitamin B6 which aids brain development along with zinc oxide that improves vision and hearing capabilities among infants owing to its antioxidant properties.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of 5.6% over the forecast period, owing to high product demand from various end-use industries such as baby nutrition products and pharmaceuticals. In addition, increasing R&D activities for new product development coupled with rising awareness regarding infant health and well-being is anticipated to drive industry expansion over the coming years.
Asia Pacific accounted for a revenue share of 23.1% in 2017 owing to rapid industrialization along with growing population in countries such as China, India, Indonesia and Malaysia that has led towards an increase in food consumption patterns across these nations which has resulted into increased demand for oligofructan ingredients across several industries including food & beverage sector.
Growth Factors:
- Increasing demand for healthy food products: The global oligofructan market is expected to grow at a CAGR of over 7% during the forecast period owing to the increasing demand for healthy food products. Oligofructans are known to have various health benefits such as weight management, improved digestion, and better gut health, which is driving their demand in the market.
- Rising awareness about the benefits of oligofructans: There has been a rise in awareness about the benefits of oligofructans in recent years, which is aiding their growth in the market. This is because consumers are increasingly looking for healthier alternatives to conventional foods and supplements.
- Growing popularity of functional foods: The global functional foods market is projected to grow at a CAGR of over 8% during 2018-2024 due to rising consumer awareness about their health benefits. Oligofructans are considered as functional ingredients and are thus expected to witness high demand from this segment during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Oligofructan Market Research Report
By Type
Liquid, Solid
By Application
Food Industry, Baby Nutrition Products, Health Products, Other
By Companies
Meiji, QHT, Beneo-Orafti, Baolingbao Biology, Sensus, Ingredion
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
213
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Oligofructan Market Report Segments:
The global Oligofructan market is segmented on the basis of:
Types
Liquid, Solid
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food Industry, Baby Nutrition Products, Health Products, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Meiji
- QHT
- Beneo-Orafti
- Baolingbao Biology
- Sensus
- Ingredion
Highlights of The Oligofructan Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Liquid
- Solid
- By Application:
- Food Industry
- Baby Nutrition Products
- Health Products
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Oligofructan Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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- Consumer Insights
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Oligofructan is a type of carbohydrate that is found in plants. Oligofructans are made up of smaller sugar molecules and they can be found in things like beans, legumes, nuts, and seeds. Oligofructans have been shown to have health benefits because they can help with weight loss, improve blood sugar control, and reduce inflammation.
Some of the major companies in the oligofructan market are Meiji, QHT, Beneo-Orafti, Baolingbao Biology, Sensus, Ingredion.
The oligofructan market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Oligofructan Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Oligofructan Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Oligofructan Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Oligofructan Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Oligofructan Market Size & Forecast, 2018-2028 4.5.1 Oligofructan Market Size and Y-o-Y Growth 4.5.2 Oligofructan Market Absolute $ Opportunity
Chapter 5 Global Oligofructan Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Oligofructan Market Size Forecast by Type
5.2.1 Liquid
5.2.2 Solid
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Oligofructan Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Oligofructan Market Size Forecast by Applications
6.2.1 Food Industry
6.2.2 Baby Nutrition Products
6.2.3 Health Products
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Oligofructan Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Oligofructan Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Oligofructan Analysis and Forecast
9.1 Introduction
9.2 North America Oligofructan Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Oligofructan Market Size Forecast by Type
9.6.1 Liquid
9.6.2 Solid
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Oligofructan Market Size Forecast by Applications
9.10.1 Food Industry
9.10.2 Baby Nutrition Products
9.10.3 Health Products
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Oligofructan Analysis and Forecast
10.1 Introduction
10.2 Europe Oligofructan Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Oligofructan Market Size Forecast by Type
10.6.1 Liquid
10.6.2 Solid
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Oligofructan Market Size Forecast by Applications
10.10.1 Food Industry
10.10.2 Baby Nutrition Products
10.10.3 Health Products
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Oligofructan Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Oligofructan Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Oligofructan Market Size Forecast by Type
11.6.1 Liquid
11.6.2 Solid
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Oligofructan Market Size Forecast by Applications
11.10.1 Food Industry
11.10.2 Baby Nutrition Products
11.10.3 Health Products
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Oligofructan Analysis and Forecast
12.1 Introduction
12.2 Latin America Oligofructan Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Oligofructan Market Size Forecast by Type
12.6.1 Liquid
12.6.2 Solid
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Oligofructan Market Size Forecast by Applications
12.10.1 Food Industry
12.10.2 Baby Nutrition Products
12.10.3 Health Products
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Oligofructan Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Oligofructan Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Oligofructan Market Size Forecast by Type
13.6.1 Liquid
13.6.2 Solid
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Oligofructan Market Size Forecast by Applications
13.10.1 Food Industry
13.10.2 Baby Nutrition Products
13.10.3 Health Products
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Oligofructan Market: Competitive Dashboard
14.2 Global Oligofructan Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Meiji
14.3.2 QHT
14.3.3 Beneo-Orafti
14.3.4 Baolingbao Biology
14.3.5 Sensus
14.3.6 Ingredion