Allulose Market

Allulose Market is accounted for USD 17 million in 2020, growing at a robust CAGR of 19.2% during forecast period.

Allulose Market Overview

Allulose can also be defined as a D-psicose and it can be termed as a rare sugar and it is naturally present in a several foods such as figs, wheat, and raisins all contain it. Moreover, like fructose and glucose, allulose is a monosaccharide or single sugar. It has the same chemical formulas as fructose but is arranged differently.

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Major Allulose Market Drivers

The factors driving the global Allulose Market include an increase in diabetes and chronic disease among the people, prompting consumers to seek out healthier foods that are low in fats sugar, salt, and calories. For instance, according to CDC, in 2020, 34.2 million people in America have diabetes. Allulose help in reducing oxidative stress and inflammation, which reduce the risk of chronic diseases such as IBS and arthritis. Additionally, allulose are commercially used in making low calories sweeteners in beverages, ice cream, baked goods, yogurt etc. Thus, this augment will further boost the growth of this market.

Moreover, the growing focus of the key market players on advancing research & development activities and launching new products comprised of new ingredients, flavors, and textures is expected to boost the growth of this market. For instance, Savanna Ingredients GmbH is focused on producing initial quantities of allulose monosaccharide, which is also known as allulose; it is a rare and natural sugar that it positions as real sugar without calories.

Restraint in the Allulose Market

However, the presence of substitutes such as stevia, aspartame and sucralose has hampered the growth of this market.

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Type – Segment Analysis

Based on the Type, powdered allulose is expected to grow at a higher CAGR rate in the global Allulose Market during the forecast period as it is easier to blend with several food and beverages items. It is used in cake, rolls, pie, pastries, yogurt, biscuits, and frostings, carbonated and non-carbonated beverages. Thus, utilization of powdered form in many food items has propelled the market growth.

Application – Segment Analysis

Based on the Application, the bakery & confectionary segment is projected to grow at a higher CAGR rate in the global Allulose Market during the forecast period due to the rise in demand for low-sugar and low-calorie bakery food products among the health-conscious customers. Bakeries have opted to use allulose has improved moisture content, increased water absorption, and softness in the product has boosted the growth of this segment. Allulose are used in various bakery products such as ice cream, biscuits, sweets, cakes, chocolates, etc.

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Regional – Segment Analysis:

Based on the region, North America region is expected to dominate the global Allulose Market due to the growing demand from the food & beverages industry and the rising inclination towards a healthy lifestyle. For instance, The Coca-Cola Company use allulose in manufacturing their diet coke.  Furthermore, favorable government regulations have also boosted the market growth of allulose. For instance, in 2019 FDA has approved allulose to be removed from being considered under added sugar.

Top Market Players

Various notable players operating in the market, include, Matsutani Chemical Industry Co., Ltd., Tate & Lyle, CJ Cheiljedang Corp., Bonumose LLC, Cargill, Incorporated., Ingredion., Samyang Corporation., Anderson Global Group, LLC, Blue California, Wellversed., among others.

Key Developments:

• • In Nov 2019 — Ingredion a leading global provider of ingredient solutions to diversified industries, has officially opened its first allulose production plant in the San Juan del Río, Mexico
  • In Sep 2019 – Blue California has announced its achievement in scaling up to the commercialization of the natural rare sugar allulose by the end of 2019. It will be unique because it is created from the natural substrates using a proprietary bioconversion technology to produce a natural and non-GMO sweetener.

Segments covered in the Report:

The global Allulose Market has been segmented on the basis of Type, Application and regions. Based on Type, the market is segmented into Powder, Crystal and Liquid. Based on Application, the market is segmented into Bakery & Confectionery, Food, Pharmaceuticals, Beverages, Dairy & frozen desserts, Sauces & Dressings, Ice Creams & Desserts and Others.

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Market Segmentation

Global Allulose Market by Type

• • Powder
  • Crystal
  • Liquid

Global Allulose Market by Application

• • Bakery & Confectionery
  • Food
  • Pharmaceuticals
  • Beverages
  • Dairy & frozen desserts
  • Sauces & Dressings
  • Ice Creams & Desserts
  • Others

Global Allulose Market by Region

• • North America Allulose Market (Option 1: As a part of the free 25% customization)

    • North America Allulose Market by Type
    • North America Allulose Market by Application
    • US Allulose Market All-Up
    • Canada Allulose Market All-Up

  • Europe Allulose Market (Option 2: As a part of the free 25% customization)

    • Europe Allulose Market by Type
    • Europe Allulose Market by Application
    • UK Allulose Market All-Up
    • Germany Allulose Market All-Up
    • France Allulose Market All-Up
    • Spain Allulose Market All-Up
    • Rest of Europe Allulose Market All-Up

  • Asia-Pacific Allulose Market (Option 3: As a part of the free 25% customization)

    • Asia-Pacific Allulose Market by Type
    • Asia-Pacific Allulose Market by Application
    • China Allulose Market All-Up
    • India Allulose Market All-Up
    • Japan Allulose Market All-Up
    • Rest of APAC Allulose Market All-Up

  • RoW Allulose Market (Option 4: As a part of the free 25% customization)

    • RoW Allulose Market by Type
    • RoW Allulose Market by Application
    • Brazil Allulose Market All-Up
    • South Africa Allulose Market All-Up
    • Saudi Arabia Allulose Market All-Up
    • UAE Allulose Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Allulose Market All-Up

Major Players Operating in the Market Name (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Matsutani Chemical Industry Co., Ltd.
  • Tate & Lyle
  • CJ Cheiljedang Corp.
  • Bonumose LLC
  • Cargill, Incorporated.
  • Ingredion.
  • Samyang Corporation.
  • Anderson Global Group, LLC
  • Blue California
  • Wellversed.