Global Allulose Market Share Is Likely To Reach At A CAGR Value Of Around 17% By 2026

05-Feb-2020 | Facts and Factors

Facts and Factors have authored “Allulose Market By Form (Powder, Liquid, & Crystal), By Application (Food, Bakery & Confectionery, Table-Top Sweetener, Dairy & Frozen Desserts, Sauces & Dressings, Ice Creams & Desserts, Beverages, & Pharmaceuticals), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 – 2026”. According to the report, the global allulose market was valued at around USD 31 Million in 2020 and is expected to reach approximately USD 94 Million by 2026, growing at a CAGR of around 17% between 2021 and 2026.

Allulose Market Size

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Allulose is a type of sugar that looks like fructose, which is the sugar found naturally in fruit. Allulose is necessary to control the blood glucose level, which helps to lose body weight while other sweeteners unfavorably influence blood glucose levels. This leads to obesity, which helps it to gain significant traction in the global market. Allulose is accessible in a grainy form and looks like normal sugar. Allulose is a low-calorie sweetener that has 70% of the sweetness of sucrose.

Browse the full “Allulose Market By Form (Powder, Liquid, & Crystal), By Application (Food, Bakery & Confectionery, Table-Top Sweetener, Dairy & Frozen Desserts, Sauces & Dressings, Ice Creams & Desserts, Beverages, & Pharmaceuticals), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 – 2026” report at https://www.fnfresearch.com/allulose-market-by-aircraft-type-liquid-form-allulose

The increasing demand for processed frozen food, bakery, and confectionery product coupled with rising diabetic patient populations across the world is one of the most key factors fueling the growth of the global allulose. The global Allulose market is anticipated to grow owing to the rising demand by growing customer awareness and widespread focus on research and development by key manufacturers. The U.S. Food & Drug Administration has approved the use of allulose in various food products and is generally recognized as safe (GRAS) products are expected to witness significant growth during the forecast period. The high cost of raw materials may hamper the market’s growth. Research and development, innovations activities in the technology of the allulose, and rising demand for ready-to-eat snack foods are expected to open new avenues for the global allulose market in the near future. In terms of value, the global aircraft cabin interior market is projected to ascend at a growth rate of 8.4% over the forecast period.

Allulose Market

Depending on the type; the global allulose market includes the liquid form allulose and powder form allulose. The powder form allulose type segment is anticipated to account for around 52% of the global allulose market within the forecast period. The powder form of the complex crystalline sugar comprises D-psicose (Allulose) and D-allose. The mixture containing D-psicose (Allulose) helps to utilize non-calorie sweetener and D-allose has a cancer cell growth-inhibiting action. Thus, both ingredients have a high utility value in the industry. Production of allulose involves the enzymatic isomerization of fructose or any other proprietary enzyme technology. A convenient product form for allulose is in liquid form; where a liquid comprises allulose and water. However, the scientist has found that liquid form of allulose may be susceptible to several factors such as degradation over time, the formation of color and impurities, and inadequate microbial stability.

Among the application, the beverage segment was the most attractive segment of the market in 2019. Beverages find a major application for allulose, as there are different variants available that allow unique tastes and extend the shelf life of the beverage products compared to regular sugar. Likewise, the trade of the allulose is also influenced by the regulations. The robust population, changing lifestyle, rising disposable income, and rising awareness of healthcare, are expected to fuel the utilization of allulose.

On the basis of type, the allulose market is segmented as liquid form allulose, and powder form allulose. Among which powder from the allulose segment is expected to account for the major revenue share in the allulose market over the forecast period. The liquid form allulose segment is followed by the powder form allulose segment in terms of revenue share.

Report Scope

Report Attribute

Details

Market Size in 2020

USD 31 Million

Projected Market Size in 2026

USD 94 Million

CAGR Growth Rate

CAGR 17%

Base Year

2020

Forecast Years

2021-2026

Key Market Players

Tate & Lyle, Quest Nutrition, Matsutani Chemical Industry Co. Ltd, McNeil Nutritional, Anderson Global Group, CJ Cheil Jedang, Cargill, Inc., Ingredion Incorporated, and Apura Ingredients, among others.

Key Segment

By Product, Application, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa

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On the basis of application, allulose is categorized into beverages, confectionery, dairy, and others. Among the aforementioned segment, the beverages segment accounted for the relative revenue share in the allulose market. The increasing numbers of diabetic patients, as well as the increasing popularity of weight management therapeutic food, are expected to propel the global allulose market in the upcoming years.

On the basis of the distribution channel, the global allulose market is categorized into direct sales and distributors. Among all distribution channel segmentation, the distributors' segment accounted for the largest market share, followed by direct sales.

On the basis of region the allulose market is segmented into, Asia Pacific, Europe, Middle East & Africa, North America, and Latin America. In 2019, the Asia Pacific region dominates the allulose market Among all the regions followed by North America in terms of value.

Top Market Players

The key market participants for the global allulose market are Tate & Lyle, Quest Nutrition, Matsutani Chemical Industry Co. Ltd, McNeil Nutritional, Anderson Global Group, CJ Cheil Jedang, Cargill, Inc., Ingredion Incorporated, andApura Ingredients, among others.

This report segments the global allulose market as follows:

Global Allulose Market: By Form Segment Analysis

  • Powder
  • Liquid
  • Crystal

Global Allulose Market: By Application Segment Analysis

  • Food
  • Bakery & Confectionery
  • Table-Top Sweetener
  • Dairy & Frozen Desserts
  • Sauces & Dressings
  • Ice Creams & Desserts
  • Beverages
  • Pharmaceuticals

Global Allulose Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest Of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • The Middle East & Africa
    • GCC Countries
    • South Africa

Rest of Middle East & Africa

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