SNS Insider Black Friday Offer
Allulose Market

Allulose Market Size, Share & Segment By Product Type (Sugar, Natural Sugar Alternative, Artificial Sweetener), By Form (Powder, Liquid, Crystal) By Application (Food and Beverages, Pharmaceuticals, Bakery & Confectionery , Sauces & Dressings, Ice Creams and Desserts), and by Regions | Global Forecast 2022-2028

Report Id: SNS/C&M/1417 | May 2022 | Region: Global | 125 Pages

Report Scope & Overview:

Allulose Market Size was valued at USD 0.36 billion in 2021 and is expected to reach USD 0.54 billion by 2028, and grow at a CAGR of 6.0% over the forecast period 2022-2028.

Allulose is a low-energy monosaccharide sugar present in trace amounts in a variety of foods. Allulose has a sweetness level that is 70 % higher than sucrose. Allulose provides a number of health benefits, including improved insulin resistance, hypoglycemia control (mineral-chromium), and antioxidant improvement and production. Sugar consumption has become the most essential problem for people who desire to live a healthy lifestyle as health consciousness has grown around the world. Excess sugar in the body can lead to a number of pulmonary and blood-related problems. Organic sweeteners with less calories and a sweeter flavor are in high demand as a result. During the forecast period, this need has increased the global allulose market.

Allulose Market Revenue Graph

Market Dynamics

Drivers:

  • Increasing demand for sugar alternative industry.

Challenge:

  • Inadequate storage and transportation facilities in a small retail shop.

Opportunity:

  • Increasing food processing industries.

Restraint:

  • Lack of availability of information for the long-lasting effect of allulose.

Impact of covid-19:

The food and beverage industry is currently facing issues as a result of the COVID-19 epidemic, which the World Health Organization (WHO) declared a pandemic on March 13, 2020. Trade restrictions and supply chain interruptions in the allulose industry are expected to have an impact on the market's expansion in the coming months as governments around the world continue to enforce lockdowns to combat the epidemic. Market companies established contingency preparations in the first half of 2020 to mitigate the impact of the COVID-19 pandemic. Furthermore, given the current economy, when people choose to buy only "essential things and services," allulose demand is anticipated to decline.

Four out of five consumers say the coronavirus pandemic has impacted their eating habits, causing them to prepare, eat, shop, and think about food differently, according to the International Food Information Council's annual Food & Health Survey.

Key players:

Matsutani Chemical Industry Co. Ltd, Cargill Inc, Samyang Corporation, Eat Just Inc., Wellversed, CJ Cheil Jedang, Bonumose LLC- At a Glance, Anderson Global Grou, Ingredion Incorporated, and Others.

Sugar is the most popular product type in the Food & Beverage Industry since it is organic and obtained from genetically modified plants with a high dose of allulose. Sugar that has been treated with synthetic sweeteners and mixed with Allulose is widely utilised in the pharmaceutical industry.

In 2020, the powdered allulose market will be worth more than USD 13 million, according to Form. The market for powdered allulose products is the largest, followed by liquid and crystal allulose products.

Bakery and confectionary will account for a significant portion of the worldwide allulose market in 2020. Allulose demand in the baking and confectionery market is driven by improved moisture content, higher water absorption, and product softness.

Market Segmentation:

By Product Type

  • Sugar

  • Natural Sugar Alternative

  • Artificial Sweetener

By Form

  • Powder

  • Liquid

  • Crystal

By Application

  • Food and Beverages

  • Pharmaceuticals

  • Bakery & Confectionery

  • Sauces & Dressings

  • Ice Creams and Desserts

Allulose Market Segment Pie Chart

Regional Analysis:

France, Italy, the United Kingdom, and Germany dominate the European allulose market. Manufacturers are putting forth considerable effort in order to obtain entry to the European market. Extra verification of a product's safety and lack of major negative effects on the human body is required under European regulations. The makers have filed a petition for permission to market the product in Europe due to the strict regulatory environment. The low-calorie food will be available in Europe, but it will take some time because the sweetener must first receive European Commission approval as a Novel Food. Cakes, pastries, and muffins are very popular in European markets, and this trend is projected to continue. High-end frozen bakery products will also play a significant role in the market.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

 

Allulose Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 0.36 Billion
Market Size by 2028 US$ 0.54 Billion
CAGR CAGR of 6.0% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Product Type (Sugar, Natural Sugar Alternative, Artificial Sweetener)
• By Form (Powder, Liquid, Crystal)
• By Application (Food and Beverages, Pharmaceuticals, Bakery & Confectionery , Sauces & Dressings, Ice Creams and Desserts)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Matsutani Chemical Industry Co. Ltd, Cargill Inc, Samyang Corporation, Eat Just Inc., Wellversed, CJ Cheil Jedang, Bonumose LLC- At a Glance, Anderson Global Grou, Ingredion Incorporated, and Others.
DRIVERS • Increasing demand for sugar alternative industry.
RESTRAINTS • Inadequate storage and transportation facilities in a small retail shop.


Frequently Asked Questions (FAQ) :

Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.

Ans: The food and beverage industry are currently facing issues as a result of the COVID-19 epidemic, which the World Health Organization (WHO) declared a pandemic on March 13, 2020. Trade restrictions and supply chain interruptions in the allulose industry are expected to have an impact on the market's expansion in the coming months as governments around the world continue to enforce lockdowns to combat the epidemic. Market companies established contingency preparations in the first half of 2020 to mitigate the impact of the COVID-19 pandemic. Furthermore, given the current economy, when people choose to buy only "essential things and services," allulose demand is anticipated to decline.

Ans: Increasing food processing industries are the major opportunity for Allulose Market

 

Ans: Allulose is a low-energy monosaccharide sugar present in trace amounts in a variety of foods. Allulose has a sweetness level that is 70 % higher than sucrose. 

 

Ans: Global Allulose Market Size was valued at USD 0.36 billion in 2021, and expected to reach USD 0.54 billion by 2028, and grow at a CAGR of 6.0 % over the forecast period 2022-2028.

 


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3.Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine-Russia War

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7. PEST Analysis

 

8. Global Allulose Market Segment, by Product Type

8.1 Sugar

8.2 Natural Sugar Alternative

8.3 Artificial Sweetener

 

9. Global Allulose Market Segment, By Form

9.1 Powder

9.2 Liquid

9.3 Crystal

 

10. Global Allulose Market Segment, By Application:

10.1 Food and Beverages

10.2 Pharmaceuticals

10.3 Bakery & Confectionery

10.4 Sauces & Dressings

10.5 Ice Creams and Desserts

 

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2    Canada

11.2.3    Mexico

11.3 Europe

11.3.1    Germany

11.3.2    UK

11.3.3    France

11.3.4    Italy

11.3.5    Spain

11.3.6    The Netherlands

11.3.7    Rest of Europe

11.4 Asia-Pacific

11.4.1    Japan

11.4.2    South Korea

11.4.3    China

11.4.4    India

11.4.5    Australia

11.4.6    Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1    Israel

11.5.2    UAE

11.5.3    South Africa

11.5.4    Rest

11.6 Latin America

11.6.1    Brazil

11.6.2    Argentina

11.6.3    Rest of Latin America

 

12. Company Profiles

12.1 Matsutani Chemical Industry Co. Ltd

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 Cargill Inc

12.3 Eat Just Inc.

12.4 Wellversed

12.5 CJ Cheil Jedang

12.6 Bonumose LLC- At a Glance

12.7 Anderson Global Grou

12.8 Ingredion Incorporated

12.9 Samyang Corporation

 

13. Competitive Landscape

13.1 Competitive Benchmark

1134.2 Market Share analysis

13.3 Recent Developments

 

14. Conclusion