The US galacto-oligosaccharides market is anticipated to exhibit significant growth during the forecast market (2020-2026). The presence of key players in the galacto-oligosaccharides market such as AIDP Inc., Zuchem, Inc., BASF SE, DuPont de Nemours, Inc., Elicityl SA, Glycosyn LLC, Gnubiotics, Inbiose NV, Jennewein Biotechnologie GmbH, among others is anticipated to make a huge contribution towards the growth of the US market. These market players are actively engaged in adopting different growth strategies such as new product launch, expansion of product portfolio, collaboration, and mergers & expansion to promote the growth of the galacto-oligosaccharides market in the US during the forecast period.
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For instance, in May 2018, AIDP Inc. had entered into a deal with South Korean firm NeoCremar Co. Ltd., a prebiotic manufacturer to bring a line of galacto-oligosaccharides namely NeoGos to the US. With this AIDP Inc. had become the exclusive distributor of its range of oligosaccharides in the US and Canada. NeoGos is a major product of NeoCremar which is poised to improve skin moisture, inhibit water loss, and decrease arythema and wrinkles on the skin. The use of this product in the beauty segment is anticipated to create new opportunities for market growth in the country.
Market Coverage
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID forecast
o Most affected region/segment
The US Galacto-Oligosaccharides Market report Segment
By Application
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