The growing application of galactose among various industries worldwide and other major driving factors is expected to favor the rise in the global galactose market
Reports and Insights has published a new report titled, “Galactose Market: Opportunity Analysis and Future Assessment 2022-2030”
Global Galactose Market, By Source (Animal, Plant, Synthetic), By Product Type (D-Galactose, L-Galactose), By Form (Powder, Liquid, Pellets), By End Use (Food, Beverages, Pharmaceuticals, Personal Care, Biofuel Industry, Animal Feed Industry) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2022 and 2030.
Galactose can be perceived as a monosaccharide and has the same chemical formula as glucose. Galactose majorly resembles glucose in terms of its framework or structure, varying only in the location of one hydroxyl group. Having said that, this disparity provides galactose diverse chemical and biochemical attributes to glucose. The major dietary source of galactose is lactose, which is majorly found in milk, or in fresh cheeses, cream, and yogurt. To put it in simpler terms, galactose can be understood as a simple form of sugar that is generally metamorphosed in the liver before being broken down and consumed as energy. This sugar is fairly plentiful in human diets and aids in a wide spectrum of functions.
The human body generates abundant galactose from glucose, and hence it is not necessary to include it in our regular diet. Although it is not at all harmful for diabetes patients if consumed in moderate quantities.
Galactose is also used as a food additive in chewing gums and energy drinks. It can also be termed as a dietary supplement. In present times, there has been extensive usage of galactose in various industries around the world, including food, beverages, pharmaceuticals, personal care and many more, which is majorly boosting its demand across the markets. In addition to that, the easy availability of raw materials all across the globe is also propelling the demand of galactose in the market. Owing to which, the global galactose market is expected to achieve major breakthroughs in the following years.
Moreover, the rise in health consciousness among consumers, worldwide, is also encouraging the key manufacturers of the market to develop more advanced and natural products including plant-derived galactose in the market which is also playing a positive role in accelerating the growth of the global galactose market in the coming years.
Reports and Insights Study identifies some of the key participating players in the galactose market globally are CJ CheilJedang Corp., The FCAD Chemical Company, and E. I., du Pont de Nemours and Company, YONEYAMA YAKUHIN KOGYO, Danisco, Pfanstiehl, FabriChem, Inc., Symrise BioActives GmbH, Kraeber & Co GmbH, Austin Chemical Company, Inc., Beckmann-Kenko GmbH, Luyunjia Chemistry Xiamen Limited, Daming Changda Co., Ltd., Chemos GmbH & Co. KG, BuGuCh & Partners, among others.
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