Global Galacto-oligosaccharide (GOS) Market to Reach $1.1 Billion by 2030 [Yahoo! Finance]
KERRY GROUP PLC S/ADR (KRYAY)
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Source: Yahoo! Finance
The global market for Galacto-oligosaccharide (GOS), currently valued at US$609.5 Million, is on an ascendant path set to forge a revised market size of US$1.1 Billion by 2030. Expansion at this pace reflects a robust Compound Annual Growth Rate (CAGR) of 7.1% over the period from 2022 to 2030. Analysis within the sector demonstrates that the Food & Beverage segment showcases an even more dynamic trend, with projections estimating a 7.9% CAGR, aspiring to reach a noteworthy US$830.9 Million by the close of the analysis period. United States and China Spearhead Market Progress in Galacto-oligosaccharide (GOS) Industry Notably, the U.S. market holds a commanding value of US$166.1 Million as of 2022 and is a significant contributor to the overall GOS industry growth. However, it is China's market that is forecasted to surge ahead with an exceptional 12.4% CAGR, predicting a market size of US$260.8 Million by the year 2030. This remarkable growth in China serves as a testament to the
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