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Allulose Market Analysis

  • Report ID: GMI5115
  • Published Date: May 2024
  • Report Format: PDF

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.

 

Allulose Market Revenue Share, By Application, (2023)

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, 2021 - 2032 (USD Million)

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.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of allulose reached USD 128 million in 2023 and is set to witness 14.6% CAGR during 2024 to 2032, led by the increasing demand for low-calorie and low-sugar alternatives in the food and beverage (F&B) industry.

The powder allulose segment is expected to surpass USD 203.6 million by 2032, owing to its versatility and functionality in various food applications.

North America market size is projected to record more than 15% CAGR from 2024 to 2032, supported by the increasing health consciousness among consumers.

CJ Cheil Jedang, Heartland Food Products Group, Icon Foods, Ingredion Inc, Matsutani Chemical Industry Co. Ltd, Samyang Corporation, and Tate & Lyle among others.

Allulose Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 310
  • Countries covered: 12
  • Pages: 225
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