Oligosaccharide Syrup Market Size, Share, Growth, and Industry Analysis, By Type (Isomalto-oligosaccharide, Galacto-oligosaccharide & Fructo-oligosaccharide), By Application (Food and Beverage, Dietary Supplements & Pharmaceutical), and Regional Forecast to 2032

OLIGOSACCHARIDE SYRUP MARKET OVERVIEW

The global Oligosaccharide Syrup market size was USD 1.34 billion in 2023 and is projected to touch USD 1.86 billion in 2032, exhibiting a CAGR of 3.7% during the forecast period.

The oligosaccharide syrup market is witnessing profound expansion on account of functional foods and beverages with health benefits, including better digestion and enhanced immunity, attracting huge attention. Oligosaccharide syrup, as a type of prebiotic, is obtained from biological substances, namely plants or enzymes, and is mainly incorporated in nutritional supplements, baby foods, and processed meals. Its low-calorie content and the ability to promote gut health make it a favorable additive among consumers who are conscious about their health. In addition, rising incidences of health concerns and the advancements in food technology are some of the factors contributing to the growth of the prebiotics market.

GLOBAL CRISES IMPACTING OLIGOSACCHARIDE SYRUP MARKETCOVID-19 IMPACT

Oligosaccharide Syrup Industry Had a Positive Effect Due to rising health focus during COVID-19 Pandemic

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.

There was an upside for the oligosaccharide syrup market since the focus of consumers products was health and immunity during the COVID-19 pandemic. The shift in focus brought about an increase in the consumption of prebiotics and oligosaccharide syrup that started being used mainly for making foods that support intestinal health and body immunity. There were very few drawbacks in the growth of the market owing to the fact that the oligosaccharide syrup was sourced from various areas, enabling the market to grow. Moreover, the uptick in functional ingredient awareness during this pandemic period helped to increase usage of it in health-supported dietary products.

LATEST TREND

"Market growth rises with health-conscious beverage demand"

The oligosaccharide syrup market is observing the rising trend of increasing usage of plant sources, innovative enzymatic production techniques, and active applications into sugar-free or low-calorie food products, among others. A major trend is the increasing use of oligosaccharide syrups in functional beverages where the prebiotics help maintain gut health while also providing a sweet taste. This trend is in response to consumers’ preference for clean-label or health-based drinks. Companies are focusing on improving syrup formulations to cater to the expanding market of health-conscious beverage consumers.

OLIGOSACCHARIDE SYRUP MARKET SEGMENTATION

BY TYPE

Based on Type, the global market can be categorized into Isomalto-oligosaccharide, Galacto-oligosaccharide & Fructo-oligosaccharide

• Isomalto-oligosaccharides (IMO): Isomalto-oligosaccharides syrup is considered a multipurpose prebiotic that has gained popularity for use in health levels, pre-workout supplements, and low-calorie snacks due to its non-calorific effects and slight female sweetness. It helps in promoting the growth of gut microbes and is manufactured from healthy-sourced starches such as corn or tapioca droppings. The recent sugar replacement innovations and their increased use in functional and clean, clear foods have contributed to the use of IMO.
• Galacto-oligosaccharide (GOS): GOS is a galacto-oligosaccharide syrup made from lactose with potent prebiotic effects, especially beneficial for young infants and children for the development of the digestive system and enhancement of immunity defense. It is mainly present in infant milk formula, milk alternatives, and dietary supplements. An increase in activities associated with clinical nutrition and baby care products is also helping the market for GOS syrups.
• Fructo-oligosaccharide (FOS): FOS syrup, which is extracted from vegetables and fruits, is an excellent sweetener as well as a prebiotic syrup, which helps in improving gut digestion comfort. It improves gut digestion comfort. It is used in various applications, including, but not limited to, low-sugar, low-calorie food products, beverages, and diet supplements. The rise in health benefits associated with the use of plants and plant-based products has widened the target audience of FOS syrup to the health-conscious population.

BY APPLICATION

Based on application, the global market can be categorized into Food and Beverage, Dietary Supplements & Pharmaceutical

• Food and Beverage: Oligosaccharide syrup is gaining appreciable popularity in the food and beverage industry, thanks to its prebiotic functions inherent in its use as an alternative sweetener and fiber enhancer. It is most often present in the formulations of baked products, beverages, and dairy foods that seek to enhance their health benefits without compromising on taste and texture. Within this segment, the clean-label and functional food trends are some of the factors that are causing an increase in its use.
• Dietary Supplements: for health supplements, the oligosaccharide syrup exerts prebiotic effects that are beneficial for gut health and for boosting immunity. Such benefits make it common in powders, capsules, and chewables, especially those targeting digestive health and weight loss. Its rich experience in this field is in line with the current trends in the market, which is preventive healthcare.
• Pharmaceutical: Oligosaccharide syrup is used in the pharmaceutical industry, both as an excipient in the various formulations and for its health particulars in the modulation of the gut and immune health. It is also present in formulations that are useful in the treatment of gut-related diseases and general health products. In many pharmaceutical formulations, there is a rise in demand as more people seek to prevent diseases associated with improper gut health.

MARKET DYNAMICS

Market dynamics include driving and restraining factors, opportunities and challenges stating the market conditions.                   

DRIVING FACTOR

"Market growth thrives on rising gut health awareness"

The growing consumer awareness regarding the need to maintain gut health as well as an overall healthy lifestyle is primary in propelling the growth of the oligosaccharide syrup market. Its prebiotic effects that boost levels of healthy gut bacteria have made it a popular ingredient in health-oriented food products and supplements. This habit is also encouraged by factors such as the growth of functional foods and personalized nutrition.

"Market growth rises with demand for healthier alternatives"

As health consciousness grows, consumers are searching for healthier alternatives, causing a heightened demand for low-calorie and natural sugar replacements, thus the use of oligosaccharide syrups. Especially because they can provide sweetness while having health advantages, these products are increasingly becoming in-thing in sugar-free and reduced-sugar offerings. This demand is well poised with respect to the global campaign against obesity and other lifestyle-related diseases.

RESTRAINING FACTOR

"High production costs hinder market growth and expansion"

The complex extraction method and enzymatic processes make the production of oligosaccharide syrups expensive, which poses a major drawback to market expansion. Such exacerbating costs are likely to depress prices and create barriers for interested players willing to expand production capacity. Moreover, price-competitive consumer segments may resort to low-cost options, resulting in limited penetration of the product.

OPPORTUNITY

"Rising vegan trends boost market growth through innovation"

The growing popularity of plant and vegan food products serves as a major growth driver for the oligosaccharide syrup market. As a natural plant-based prebiotic, it is in tandem with the foodsteps of health-conscious individuals within clean-label and sustainable markets. Its use in dairy alternatives, edible vegan snacks, and functional beverages is increasing at a brisk pace. This provides scope for various innovative product development and diversification of the market.

CHALLENGE

"Lack of awareness hinders market growth despite benefits"

One of the major restraints in the Oligosaccharide Syrup Market Growth is the lack of consumer awareness regarding the health benefits and applications of the syrup. Prebiotics and their contribution toward digestive and immune health are still unknown to a lot of users, which is expected to restrain the growth of the market. It's also important to educate the market and highlight the benefits of using the product instead of regular sweeteners. Achieving this will take successful implementation of marketing and consumer education measures.

OLIGOSACCHARIDE SYRUP MARKET REGIONAL INSIGHTS

• NORTH AMERICA

Health trends and clean labels drive market growth

An array of glycosylated natural food additives (oligosaccharide syrups) is widespread in North America, and this is attributed to the growing need for functional food, health-oriented eating habits, and advancements in food technologies. The region enjoys a vibrant food and beverage sector in which appreciation of oligosaccharides is on the rise as they are being used more and more as sweeteners and prebiotics. More so, the United States oligosaccharide syrup market plays an important role due to the large population that is always concerned with digestive health and available sugar substitutes. The increasing acceptance of clean labels and natural ingredients propels the growth of the market in the U.S. and North America quite efficiently as well.

• EUROPE

Clean-label trends and health focus drive market growth

Europe holds a notable oligosaccharide syrup market share, driven by health and wellness aspects that include high consumption rates of probiotic foods and supplements. The region's mobility is also aided by the existence of restrictive policies regarding the use of certain food additives and the increasing quest for natural and environmentally friendly foods. Some countries, like Germany, France, and the UK, are at the forefront in the use of oligosaccharide syrups for processed foods and beverages. The growing appeal of clean-label products along with plant-origin products further adds to cardiovascular problem cases in Europe.

• ASIA

Health trends and functional foods drive market growth

The Asia continent is an emerging contributor to the oligosaccharide syrup market, witnessing a simultaneous increase in the number of health-conscious people and functional food consumption, particularly in China, Japan, and Indian markets. The awakening world food and beverage market within the zone utilizes oligosaccharide as a prebiotic and natural sweetener in most products. In other regions, the rising popularity of western culture and its health trends has also contributed to the growth in the market. Given the high population as well as the change in dietary habits, Asia is becoming one of the top contributors to the global market for oligosaccharide syrups.

KEY INDUSTRY PLAYERS

"Research, development, and innovation drive market growth"

Key industry participants are having a considerable effect on the oligosaccharide syrup market trend, mainly due to active spending on research and development for creativity in processes of production. They have been working on developing affordable yet high-quality products bearing in mind the health and environmental concerns of consumers. Such factors are also enabling the growth of the market in terms of awareness among the population and also expansion of the product ranges and promotional activities.

LIST OF TOP OLIGOSACCHARIDE SYRUP COMPANIES

• Daesang (South Korea)
• CJ CheilJedang (South Korea)
• FrieslandCampina (Netherlands)
• Tereos (France)
• Ingredion (U.S)

KEY INDUSTRY DEVELOPMENT

September 2023: Ingredion Incorporated unveiled a new line of prebiotic oligosaccharide syrups under the brand name NutraSweet Prebio™. These syrups are formulated to enhance gut health and are targeted at the functional food and beverage industries. The launch features clean-label, low-calorie syrups derived from natural sources, catering to the increasing consumer preference for digestive health products. The new syrups are designed to integrate seamlessly into a wide range of applications, including drinks, snacks, and dietary supplements. This innovation positions Ingredion as a key player in meeting the demand for health-focused sweeteners in the global market.

REPORT COVERAGE

The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.

This research report examines the segmentation of the market by using both quantitative and qualitative methods to provide a thorough analysis that also evaluates the influence of strategic and financial perspectives on the market. Additionally, the report's regional assessments consider the dominant supply and demand forces that impact market growth. The competitive landscape is detailed meticulously, including shares of significant market competitors. The report incorporates unconventional research techniques, methodologies and key strategies tailored for the anticipated frame of time. Overall, it offers valuable and comprehensive insights into the market dynamics professionally and understandably.