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Rare Sugar Market Trends

  • Report ID: GMI4458
  • Published Date: May 2024
  • Report Format: PDF

Rare Sugar Market Trends

The expansion of product portfolios and advancements in production processes are propelling the rare sugar industry forward. Manufacturers are diversifying their offerings to meet diverse consumer preferences while investing in cutting-edge production technologies to enhance efficiency and cost-effectiveness. This dynamic combination fosters innovation, driving the market forward by catering to evolving consumer demands for healthier sweetening alternatives and facilitating the widespread adoption of rare sugars in various industries.
 

For instance, in January 2023, Bonumose initiated tagatose production at a new facility. ASR Group collaborated with Bonumose, marking the start of tagatose production at Bonumose's advanced production and R&D facility.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of rare sugar recorded USD 1.1 billion in 2023 and is set to witness 5.3% CAGR from 2024 to 2032, attributed to increasing consumer health consciousness and ongoing innovation in rare sugar products and formulations.

The D-Mannose segment will expand at 5.1% CAGR from 2024 to 2032, owing to its diverse applications and growing recognition for its health benefits.

North America market size will record 4.2% CAGR during 2024-2032, driven by increasing consumer awareness and demand for healthier sweetening alternatives.

Tate & Lyle, International Flavors & Fragrances, Inc, Jinan Shangbo Biotech Co., Ltd, Douglas Laboratories, Tokyo Chemical Industry Co., Ltd, Zhangjiagang Huachang Pharmaceutical Co., Ltd, and Specom Biochemical among others.

Rare Sugar Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 14
  • Tables & Figures: 165
  • Countries covered: 17
  • Pages: 260
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