Allulose Market Trends

  • Report ID: 2300
  • Published Date: Oct 08, 2024
  • Report Format: PDF, PPT

Allulose Market Trends

Growth Drivers

Rising Awareness for The Health Issues Associated With The Consumption of High Calorie Sugar

According to Diabetes Research Institute Foundation, around 1.5 million new cases of diabetes were diagnosed among U.S. adults who were aged 18 years or older in the year 2018.

Consumption of high calorie sugar regularly impacts the health negatively and can lead to obesity or even diabetes. The imbalance in the consumption of food and the resulting imbalanced energy derived post digestion of such consumed food, elevates the risk of heart diseases, high blood pressure, stroke, nonalcoholic fatty liver disease and other health diseases. Consumers in the recent era are looking to foods that are healthy, such as health snacks, on the back of growing emphasis on health and the need to manage the total amount of calories consumed overall. A low-calorie sweetener has several benefits over high calorie sweetener, such as, it does not increase blood glucose and insulin levels, has good digestive tolerance at approved usage levels, does not promote tooth decay, and others, which is raising the demand for its utilization in foods and are well supported for consumption by many dieticians around the world. The increasing awareness amongst individuals around the globe for the consumption of low-calorie sugar and the benefits associated with the consumption of such sugar types is thereby anticipated to drive the growth of the global allulose market during the forecast period.

Increasing Demand for Low Calorie Sugar from End User Industries

With the rising demand from consumers for healthy foods, food manufacturers around the globe are increasingly emphasizing to develop food products that provide both the benefits of health as well as meet the correct taste. Allulose is known to have an energy of around 0.2kcal/g and is also known to improve temporal profile with similar upfront sweetness like sucrose. Moreover, allulose also tastes similar to sucrose and has almost the same structure. As a result, food manufacturers across end user industries, such as bakery, confectionary, diary and others have started using allulose in the manufacturing of their food products as it can also synergize itself with other sweeteners. In the baking industry, allulose also provides the bulk, browning, caramelization and texture which is found in other sweetener types. Owing to such factors, there is a rising demand for the application of allulose from end user industries, which is anticipated to promote the growth of the global market in the upcoming years.

Challenges

Restrictions For Use in Few Nations

Although the use of allulose in industries is growing massively in many nations around the world, yet there are restrictions to its utilization in nations such as Europe, where the consumption of the sugar is claimed to pose a safety risk to human health. Such a factor might hamper growth of the market in Europe region and thereby the sales of the manufacturer, which is anticipated to act as a restraint factor to the growth of the global allulose market throughout the forecast period.

Allulose Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

14.5%

Base Year Market Size (2023)

USD 129.07 million

Forecast Year Market Size (2036)

USD 750.41 million

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Parul Atri


  • Report ID: 2300
  • Published Date: Oct 08, 2024
  • Report Format: PDF, PPT
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