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Allulose Market Size
Allulose Market size was valued at USD 128 million in 2023 and is expected to expand at 14.6% CAGR during 2024 to 2032, driven by the increasing demand for low-calorie and low-sugar alternatives in the food and beverage (F&B) industry. As consumers become more health conscious and recognize the negative effects of high sugar consumption, they are increasingly looking for natural sweeteners and nutritious options.
Allulose, with a lower caloric value and similar taste to sucrose, satisfies the natural sweetening requirements. Given its least effect on blood glucose levels, allulose has emerged suitable for diabetic and ketogenic diets. This has led to its increased consumption in various products, such as beverages, baked goods, and dairy products, adding to significant market growth. To cite an instance, in January 2024, Allu Company launched AlluSoda, a zero-sugar craft soda combining allulose, Reb-M and V50% monk fruit for offering an alternative to traditional sugar free sodas.
Report Attributes | Details |
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Base Year: | 2023 |
Market Size in 2023: | USD 128 Million |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 14.6% |
2032 Value Projection: | USD 439.6 Million |
Historical Data for: | 2021 - 2023 |
No. of Pages: | 225 |
Tables, Charts & Figures: | 310 |
Segments covered: | Type, Application |
Growth Drivers: |
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Pitfalls & Challenges: |
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The proliferation of regulatory approvals and good health information will also help in the expansion of the allulose market. For instance, USDA’s Dietary Guidelines for Americans restricted consumption of added sugar to less than 10% of total daily calories. This regulatory support is increasing the consumer confidence and encouraging manufacturers to include allulose in their products. Moreover, the ongoing R&D activities aimed at improving production efficiency while reducing costs will make the product more accessible and affordable for large-scale consumption.
However, the significant cost of production leading to higher prices for end-consumers may hinder the allulose uptake. This cost constraint is further limiting the increased adoption, especially in high-priced markets. The lack of consumer knowledge and understanding of allulose compared to more popular sweeteners, such as stevia and erythritol could also limit the market development to some degree.
Allulose Market Trends
The sustained growth of the F&B industry will drive the demand for allulose, especially in products, such as bread and confectionery products, where its unique properties including excellent moisture retention and pleasant taste are highly valued. Powdered allulose is preferred due to its compatibility with a variety of foods including smoothies, yogurt, and bread. Recent innovations have further provided more efficient manufacturing processes, helping to reduce costs and increase productivity.
Furthermore, several companies are increasingly focusing on new product launches and strategic partnerships to innovate production processes to better cater to the rising end-user demand. For instance, in November 2023, The University of California and the Mars Advanced Research Institute developed a new method for allulose production, with the goal of making it more accessible and affordable.
Allulose Market Analysis
Based on type, the industry size from the powder segment is expected to surpass USD 203.6 million by 2032, owing to its versatility and functionality in various food applications. Powdered allulose is desirable in the bakery and confectionery industries as it offers excellent moisture retention, flavor, and texture benefits, which are essential for products, such as cakes, cookies, and breads. The ability of allulose to melt quickly also makes it an ideal ingredient for drinks, sauces, frostings, and glazes for offering a low-calorie option that does not compromise taste or quality.
Based on application, the allulose market share from the food segment is projected to generate over USD 255.6 million by 2032, due to rising usage in various food products that cater to health-conscious consumers. The growing demand for healthier and lower sugar products is pushing manufacturers to include allulose in their products to appeal to consumers looking to reduce sugar intake without sacrificing taste. The increasing incidence of lifestyle health diseases, such as obesity and diabetes is further making the product increasingly accepted as a preferred sugar substitute in the food sector.
North America allulose market size is anticipated to record more than 15% CAGR from 2024 to 2032, supported by the increasing health consciousness among consumers. Technological advancements in allulose production are improving efficiency and reducing costs, making it more flexible and attractive to producers and consumers. As allulose is derived from natural sources, such as fruits and grains, it is matching the preferences of the regional consumers well, encouraging its use in a variety of health-related foods & beverages. The rising shift towards products with natural labels and purity will also influence the regional product demand.
Allulose Market Share
Leading allulose firms are heavily investing in R&D activities to enhance production efficiency and lower costs while gaining competitive perks. Partnerships and collaborations are being essayed to foster innovation and expand application areas, such as non-keto and diabetes friendly products. These industry contenders are also focusing on launching new products and expanding their range to cater to health-conscious consumers. Marketing efforts have further increased consumer awareness regarding the benefits of allulose.
Allulose Market Companies
Some of the key allulose industry players are:
- Anderson Advanced Ingredients.
- Apura Ingredients
- Bonumose LLC
- CJ Cheil Jedang
- Heartland Food Products Group
- Icon Foods,
- Ingredion Inc
- Matsutani Chemical Industry Co. Ltd.
- Samyang Corporation
- Tate & Lyle
Allulose Industry News
- In November 2023, Tate & Lyle Sugars introduced a sucralose sweetener with fewer calories, giving more consumers an alternative sugar choice. The product meets key consumer needs like easy dissolution, texture like sugar, and easy sprinkling.
- In July 2023, Apura Ingredients launched ten novel products, including bulk low and no calorie sweeteners (LNCS), and denatured flavor modulators for use in the beverage industry.
The allulose market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Tons and revenue in USD Million from 2021 to 2032 for the following segments:
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Market, By Product
- Powder
- Liquid
- Crystal
Market, By Application
- Food
- Bakery & confectionary
- Table-top sweetener
- Dairy and frozen desserts
- Sauces and dressings
- Ice Creams and Desserts
- Beverages
- Pharmaceuticals
The above information has been provided for the following regions and countries:
- North America
- U.S.
- Canada
- Asia Pacific
- China
- India
- Japan
- South Korea
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
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