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.
Increasing demand for sugar alternative industry.
Inadequate storage and transportation facilities in a small retail shop.
Increasing food processing industries.
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.
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.
By Product Type
Natural Sugar Alternative
Food and Beverages
Bakery & Confectionery
Sauces & Dressings
Ice Creams and Desserts
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.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|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|
|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
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
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
8.2 Natural Sugar Alternative
8.3 Artificial Sweetener
9. Global Allulose Market Segment, By Form
10. Global Allulose Market Segment, By Application:
10.1 Food and Beverages
10.3 Bakery & Confectionery
10.4 Sauces & Dressings
10.5 Ice Creams and Desserts
11. Regional Analysis
11.2 North America
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12. Company Profiles
12.1 Matsutani Chemical Industry Co. Ltd
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.
12.5 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