Allulose Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Allulose Market By Product Type (Powder, Liquid, and Crystal), Application (Food, Bakery and Confectionery, Dairy and Frozen Desserts, Sauces and Dressings, and Beverages), and Geography

 

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Report

Description

Allulose Market size is expected to be valued at USD 178.2 million in 2022 and is poised to grow at a significant CAGR of 12.1% over 2022–2028. Allulose is a naturally occurring sugar in fruits like figs and raisins. It is sweet as sugar or other artificial sweeteners. Allulose is a monosaccharide. It has 90% fewer calories than sucrose. Recent advancements state that allulose can be made at a large scale and can be used as a sugar substitute. The Food and Drug Administration (FDA) said that allulose is “generally recognized as safe” (GRAS). Although it has some side effects such as gastrointestinal discomfort, bloating, etc. The increasing concern for health and awareness are the major drivers of the global allulose market growth. Customers are influenced toward natural sugar instead of ordinary sugars. It is also often used in various food and beverage manufacturing industries since it is a good source of energy and is rich in antioxidants. The increasing trend of a healthy lifestyle by cutting sugar in daily foods and the rising prevalence of obesity are the major factors that will boost the global allulose market growth in the upcoming years. Based on the product type, the global allulose market is segmented into powder, liquid, and crystal. The powder segment is dominating the global allulose market revenue due to its heavy use in the food and beverage industries. Also, the key market players are influencing the global allulose market trend through new health-conscious product launches and innovative marketing strategies. Moreover, rising strategic investments are driving global allulose market growth at a significant rate. However, the alternative substitutes of allulose may hamper the global allulose market growth in 2022 and in the forecasted years. Geographically, North America held the major market share in the global allulose market and is expected to dominate the global market in the forecasted years.

 

Recent Market Developments:

In Jan 2021, Codexis launched improved enzymes to further enhance Tate & Lyle’s stevia and allulose production.

In April 2022, Tate & Lyle is expanding their allulose production in a plant in London.

In Oct 2021, Bonumose, Inc. partnered with Hershey to reduce or zero sugar chocolate products, investing $27.7 million to expand in Albemarle County, Virginia.

Allulose Market

MARKET SUMMARY
-
12.1%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 12.1%
  • Largest Market– North America
  • Fastest Growing Market–  Asia Pacific

Allulose Market

  • The allulose market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The allulose market is segmented based on based on product type, application, and geography
Key Players
  • Ingredion Incorporated
  • Samyang Corporation
  • Anderson Global Group
  • Apura Ingredients
Allulose Market Dynamics

The rising prevalence of obesity and increasing awareness about health and health-related products will drive the global allulose market growth. Consumers are inclined toward healthy food options and want to consume healthy ingredients in their daily life. Allulose is a low-calorie sweetener and rich in antioxidants, a better substitute for ordinary unhealthy sugar. Allulose is made from some fruits such as jackfruit, figs, and raisins, making it a perfect natural sweetener for people. Hence, it will drive global market growth.


Asia-Pacific Got Significant Share

Allulose Market

Based on regions, the market share is divided into North America, Asia-pacific, Europe, and the Middle East, and the African region. The allulose market in the Asia Pacific is likely to hold a significant revenue share in 2022, and, in the following years, it is predicted to increase rapidly. It is attributed to the largest production or manufacturing hubs in this region and a large consumer base. North America is also holding a major market share in 2022 and is expected to maintain the trend in the upcoming years.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The allulose market report provides granular level information about the market size, regional market share, historic market (2017-2021), and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Allulose Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The allulose market size is expected to be valued at USD 178.2 million in 2022.

The allulose market is poised to grow at a significant CAGR of 12.1% from 2022 to 2028.

The leading players in the global allulose market are Matsutani Chemical Industry Co. Ltd, Tate & Lyle PLC, CJ Cheil Jedang, Bonumose LLC- At a Glance, Cargill Inc, Ingredion Incorporated, Samyang Corporation, Anderson Global Group, Eat Just Inc., Wellversed, and Apura Ingredients.

Historic years considered for the market study are 2017 through 2021, 2021 is considered as the base year for market estimation and Seven years forecast presented from 2022 – 2028.

Asia Specific is dominating the global allulose market.


Report

Table Of Content

1. Executive Summary
2. Global Allulose Market Introduction
2.1. Global Allulose Market – Taxonomy
2.2. Global Allulose Market –Definitions
2.2.1. By Product Type
2.2.2. By Application
2.2.3. By Region
3. Global Allulose Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Allulose Market Dynamic Factors – Impact Analysis
3.6. Global Allulose Market – Competition Landscape
3.7. Epidemiology
4. Global Allulose Market Analysis, 2017-2021 and Forecast, 2022-2028
4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Allulose Market, By Product Type, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.1. Powder
5.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Liquid
5.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Crystal
5.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
6. Global Allulose Market, By Application, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1. Food
6.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Bakery and Confectionery
6.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Dairy and Frozen Desserts
6.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Sauces and Dressings
6.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Beverages
6.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
6.6. Others
6.6.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.6.3. Market Opportunity Analysis
7. Global Allulose Market Forecast, By Region, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1. North America
7.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Europe
7.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Asia-Pacific
7.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Latin America
7.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Middle East and Africa
7.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
7.6. Global Allulose Market – Opportunity Analysis Index, By Product Type, By Application, and Region, 2022-2028
8. North America Allulose Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.1. Product Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
8.1.1. Powder
8.1.2. Liquid
8.1.3. Crystal
8.2. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
8.2.1. Food
8.2.2. Bakery and Confectionery
8.2.3. Dairy and Frozen Desserts
8.2.4. Sauces and Dressings
8.2.5. Beverages
8.2.6. Others
8.3. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
8.3.1. USA
8.3.2. Canada
8.4. North America Allulose Market – Opportunity Analysis Index, By Product Type, By Application, and Country, 2022-2028
8.5. North America Allulose Market Dynamics – Trends
9. Europe Allulose Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.1. Product Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Powder
9.1.2. Liquid
9.1.3. Crystal
9.2. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. Food
9.2.2. Bakery and Confectionery
9.2.3. Dairy and Frozen Desserts
9.2.4. Sauces and Dressings
9.2.5. Beverages
9.2.6. Others
9.3. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.3.1. Germany
9.3.2. UK
9.3.3. France
9.3.4. Spain
9.3.5. Italy
9.3.6. Rest of Europe
9.4. Europe Allulose Market – Opportunity Analysis Index, By Product Type, By Application, and Country, 2022-2028
9.5. Europe Allulose Market Dynamics – Trends
10. Asia-Pacific Allulose Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
10.1. Product Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Powder
10.1.2. Liquid
10.1.3. Crystal
10.2. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Food
10.2.2. Bakery and Confectionery
10.2.3. Dairy and Frozen Desserts
10.2.4. Sauces and Dressings
10.2.5. Beverages
10.2.6. Others
10.3. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.3.1. China
10.3.2. India
10.3.3. Japan
10.3.4. ASEAN
10.3.5. Australia & New Zealand
10.3.6. Rest of Asia-Pacific
10.4. Asia-Pacific Allulose Market – Opportunity Analysis Index, By Product Type, By Application, and Country, 2022-2028
10.5. Asia-Pacific Allulose Market Dynamics – Trends
11. Latin America Allulose Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
11.1. Product Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Powder
11.1.2. Liquid
11.1.3. Crystal
11.2. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Food
11.2.2. Bakery and Confectionery
11.2.3. Dairy and Frozen Desserts
11.2.4. Sauces and Dressings
11.2.5. Beverages
11.2.6. Others
11.3. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.3.1. Brazil
11.3.2. Mexico
11.3.3. Rest of Latin America
11.4. Latin America Allulose Market – Opportunity Analysis Index, By Product Type, By Application, and Country, 2022-2028
11.5. Latin America Allulose Market Dynamics – Trends
12. Middle East and Africa Allulose Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
12.1. Product Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Powder
12.1.2. Liquid
12.1.3. Crystal
12.2. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Food
12.2.2. Bakery and Confectionery
12.2.3. Dairy and Frozen Desserts
12.2.4. Sauces and Dressings
12.2.5. Beverages
12.2.6. Others
12.3. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.3.1. Gulf Cooperation Council (GCC) Countries
12.3.2. South Africa
12.3.3. Rest of MEA
12.4. MEA Allulose Market – Opportunity Analysis Index, By Product Type, By Application, and Country, 2022-2028
12.5. MEA Allulose Market Dynamics – Trends
13. Competition Landscape
13.1. Strategic Dashboard of Top Market Players
13.2. Company Profiles (Introduction, Financial Analysis, Key Product Types, Key Developments, Strategies, and SWOT Analysis)
13.2.1. Matsutani Chemical Industry Co. Ltd
13.2.2. Tate & Lyle PLC
13.2.3. CJ Cheil Jedang
13.2.4. Bonumose LLC- At a Glance
13.2.5. Cargill Inc
13.2.6. Ingredion Incorporated
13.2.7. Samyang Corporation-
13.2.8. Anderson Global Group
13.2.9. Eat Just Inc.
13.2.10. Wellversed
13.2.11. Apura Ingredients
14. Research Methodology
15. Key Assumptions and Acronyms

Report

Company Profile

  • Matsutani Chemical Industry Co. Ltd
  • Tate & Lyle PLC
  • CJ Cheil Jedang
  • Bonumose LLC- At a Glance
  • Cargill Inc
  • Ingredion Incorporated
  • Samyang Corporation-
  • Anderson Global Group
  • Eat Just Inc.
  • Wellversed
  • Apura Ingredients

Description

Allulose Market size is expected to be valued at USD 178.2 million in 2022 and is poised to grow at a significant CAGR of 12.1% over 2022–2028. Allulose is a naturally occurring sugar in fruits like figs and raisins. It is sweet as sugar or other artificial sweeteners. Allulose is a monosaccharide. It has 90% fewer calories than sucrose. Recent advancements state that allulose can be made at a large scale and can be used as a sugar substitute. The Food and Drug Administration (FDA) said that allulose is “generally recognized as safe” (GRAS). Although it has some side effects such as gastrointestinal discomfort, bloating, etc. The increasing concern for health and awareness are the major drivers of the global allulose market growth. Customers are influenced toward natural sugar instead of ordinary sugars. It is also often used in various food and beverage manufacturing industries since it is a good source of energy and is rich in antioxidants. The increasing trend of a healthy lifestyle by cutting sugar in daily foods and the rising prevalence of obesity are the major factors that will boost the global allulose market growth in the upcoming years. Based on the product type, the global allulose market is segmented into powder, liquid, and crystal. The powder segment is dominating the global allulose market revenue due to its heavy use in the food and beverage industries. Also, the key market players are influencing the global allulose market trend through new health-conscious product launches and innovative marketing strategies. Moreover, rising strategic investments are driving global allulose market growth at a significant rate. However, the alternative substitutes of allulose may hamper the global allulose market growth in 2022 and in the forecasted years. Geographically, North America held the major market share in the global allulose market and is expected to dominate the global market in the forecasted years.

 

Recent Market Developments:

In Jan 2021, Codexis launched improved enzymes to further enhance Tate & Lyle’s stevia and allulose production.

In April 2022, Tate & Lyle is expanding their allulose production in a plant in London.

In Oct 2021, Bonumose, Inc. partnered with Hershey to reduce or zero sugar chocolate products, investing $27.7 million to expand in Albemarle County, Virginia.

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