SAN FRANCISCO, July 21, 2016 /PRNewswire/ --
The global fructooligosaccharides (FOS) market is expected to reach USD 3.52 billion by 2024, according to a new report by Grand View Research, Inc. Increasing consumption of functional food in North America and Europe is expected to drive the market over the next eight years.
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Rising use of FOS combinations with probiotic strains including synbiotics in products such as bakery, chocolates, fat reduction creams and drinking yogurts is expected to have a positive impact on the market over the next seven years. In addition, rising demand for dietary products in Asia Pacific is expected to propel industry growth over the forecast period.
Increasing consumer awareness regarding the occurrence of chronic diseases such as rickets and diabetes is expected to augment product need over projected period. The introduction of novel manufacturing techniques using highly efficient purification systems, recombinant enzymes, new substrates and enzyme engineering are being used to reduce cost. This is expected to increase market penetration of the product over the forecast period.
Browse full research report with TOC on "Fructooligosaccharides (FOS) Market Analysis By Source (Inulin, Sucrose) By Application (Food & Beverages, Infant Formula, Dietary Supplements, Animal Feed, Pharmaceuticals) And Segment Forecasts To 2024" at: http://www.grandviewresearch.com/industry-analysis/fructooligosaccharides-market
Further key findings from the report suggest:
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Grand View Research has segmented the global FOS market on the basis of source, application and region:
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About Grand View Research:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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