Product Code: 5115
Allulose market is set to witness a robust growth between 2023 and 2032 due to an increasing usage of natural sweeteners like allulose in food & beverage industry.
Overall, the allulose market has been fragmented based on type, application, and region.
On the basis of type, the market is bifurcated into powder, liquid, and crystal. Among these, the liquid allulose segment is expected to reach USD 100 million by 2032. Liquid allulose is obtained through breakdown of corn into fructose and starch. The fructose is then converted to allulose with the help of genetically engineered microbes.
Liquid allulose is considered to be healthier than other sweeteners as it contains 70% sweetness. It is mostly used in sweet sauces, beverages, tabletop sweeteners, and syrups. With the increasing demand for these sweeteners, the segment is also expected to grow over the stipulated timeframe.
Based on application, the allulose market has been categorized into bakery & confectionery, dairy & frozen desserts, ice creams & desserts, pharmaceuticals, beverages, sauces & dressings, table-top sweetener, and food.
Among them, the table-top sweetener segment will experience a rapid growth of over 14.0% CAGR through the stipulated timeframe. Compared to sugar, allulose has superior nutritive value. Hence, it is preferred as a tabletop sweetener, and can be added to various products. Besides, table -top sweetener is also used in baked goods like cookies and cakes. So, increasing demand for baked goods is set to stimulate the business growth in the upcoming time.
In addition, the pharmaceutical segment is also set to depict a steady 13% CAGR over the stipulated timeframe. There are a plethora of medical benefits associated with allulose. It can normalize blood sugar levels, and hence it is used to treat diabetes. Besides, it can also prevent cardiovascular diseases. Furthermore, allulose supports lowering bad cholesterol, pulse regulation, weight management, improving liver function, and strengthening the immune system.
These distinctive advantages of allulose makes it a significant component in the pharmaceutical sector, and with increasing consumption of pharmaceutical products, the demand for allulose will also increase in the upcoming times.
In terms of region, the allulose market has been divided into North America, LATAM, Asia Pacific, and MEA. The market in the MEA region is set to witness a steady growth of 13.5% CAGR through the studied timeframe. The general populace in this region is conscious about healthy foods and prefer plant-based products over synthetic ones, owing to the health advantages of the same. There is a noticeable increase in the demand for plant-derived products, which will result in the allulose market gaining traction in Middle East & Africa region in the upcoming times.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market definitions
- 1.2 Base estimates & working
- 1.3 Forecast calculation
- 1.3.1 Forecast calculations
- 1.4 Data Sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid Sources
- 1.4.2.2 Public Sources
Chapter 2 Executive Summary
- 2.1 Allulose industry 3600 synopses, 2023 - 2022
- 2.1.1 Business trends
- 2.1.2 Regional trends
- 2.1.3 Type trends
- 2.1.4 Application trends
Chapter 3 Allulose Industry Insights
- 3.1 Industry segmentation
- 3.2 COVID-19 overview of the world economy
- 3.3 Industry ecosystem analysis
- 3.3.1 Distribution Channel Analysis
- 3.3.2 Profit margin trends
- 3.3.3 Vendor matrix
- 3.4 Technology Landscape
- 3.4.1 Allulose production process
- 3.4.2 Biological process to produce D-allulose an ultra-low calorie functional sugar
- 3.4.3 Key Patents
- 3.4.3.1 Method for manufacturing allulose-containing sweetener composition
- 3.4.3.2 US 2020/0085090 Crystallizable D-Allulose Syrups patent by Roquette Freres
- 3.5 Consumer buying behaviour
- 3.5.1 Unmet needs
- 3.5.2 Information search
- 3.5.3 Evaluation of alternatives
- 3.5.4 Purchase decisions
- 3.5.5 Post-purchase behavior
- 3.6 Allulose Novel Food Consortium (ANFC)
- 3.7 Regulatory landscape
- 3.7.1 U.S.
- 3.7.1.1 G.R.A.S. Notice (GRN) No. 893, Allulose
- 3.7.2 Europe
- 3.7.2.1 Regulation (EU) 2015/2283
- 3.7.2.2 Regulation (EC) 1333/2008
- 3.8 Raw material analysis
- 3.9 Pricing analysis
- 3.9.1 Regional pricing analysis, impact of COVID-19
- 3.9.1.1 North America
- 3.9.1.2 Asia Pacific
- 3.9.1.3 Latin America
- 3.9.1.4 Middle East & Africa
- 3.9.2 Cost structure analysis
- 3.9.3 Profit Margin & Value Addition
- 3.10 Industry impact forces
- 3.10.1 Growth drivers
- 3.10.1.1 Shift in consumer preference towards health and low-calorie diet
- 3.10.1.2 Increasing usage of natural sweeteners in food & beverage industry
- 3.10.1.3 Augmenting cases of chronic diseases to boost allulose demand
- 3.10.2 Industry pitfalls & challenges
- 3.10.2.1 Stringent regulations for the use of allulose as a food additive
- 3.11 Growth potential analysis, 2022
- 3.11.1 Emerging business model
- 3.11.1.1 Acquisitions and Divestitures
- 3.11.1.2 Product and Capacity Expansion
- 3.12 Porter's analysis
- 3.12.1 Bargaining power of suppliers
- 3.12.2 Bargaining power of buyers
- 3.12.3 Threat of new entrants
- 3.12.4 Threat of substitutes
- 3.13 PESTEL analysis
- 3.14 Impact of COVID-19 on allulose demand, by application
- 3.14.1 Bakery & Confectionery
- 3.14.2 Table-top sweetener
- 3.14.3 Dairy & frozen desserts
- 3.14.4 Sauces & Dressings
- 3.14.5 Ice Creams and Desserts
- 3.14.6 Beverages
- 3.14.7 Pharmaceuticals
- 3.15 Impact of the Russia-Ukraine war impact on the allulose market
Chapter 4 Competitive Landscape
- 4.1 Introduction
- 4.2 Company market share, 2021
- 4.3 Competitive analysis of major market players
- 4.3.1 Tate & Lyle
- 4.3.2 Ingredion Inc.
- 4.3.3 Matsutani Chemical Industry Co. Ltd.
- 4.3.4 Samyang Corporation
- 4.3.5 Bonumose LLC
- 4.3.6 CJ Cheil Jedang
- 4.3.7 Anderson Advanced Ingredients
- 4.4 Vendor adoption matrix
- 4.5 Strategic outlook matrix
Chapter 5 Allulose Market, By Type
- 5.1 Key type trends
- 5.2 Powder
- 5.2.1 Market estimates & forecast, 2018 - 2032, (Tons) (USD Million)
- 5.2.2 Market estimates & forecast, by region, 2018 - 2032, (Tons) (USD Million)
- 5.3 Liquid
- 5.3.1 Market estimates & forecast, 2018 - 2032, (Tons) (USD Million)
- 5.3.2 Market estimates & forecast, by region, 2018 - 2032, (Tons) (USD Million)
- 5.4 Crystal
- 5.4.1 Market estimates & forecast, 2018 - 2032, (Tons) (USD Million)
- 5.4.2 Market estimates & forecast, by region, 2018 - 2032, (Tons) (USD Million)
Chapter 6 Allulose Market, By Application
- 6.1 Key Application trends
- 6.2 Food
- 6.2.1 Market estimates & forecast, 2018 - 2032, (Tons) (USD Million)
- 6.2.2 Market estimates & forecast, by region, 2018 - 2032, (Tons) (USD Million)
- 6.2.3 Bakery & Confectionary
- 6.2.3.1 Market estimates & forecast, 2018 - 2032, (Tons) (USD Million)
- 6.2.3.2 Market estimates & forecast, by region, 2018 - 2032, (Tons) (USD Million)
- 6.2.4 Table-top sweetener
- 6.2.4.1 Market estimates & forecast, 2018 - 2032, (Tons) (USD Million)
- 6.2.4.2 Market estimates & forecast, by region, 2018 - 2032, (Tons) (USD Million)
- 6.2.5 Dairy & frozen desserts
- 6.2.5.1 Market estimates & forecast, 2018 - 2032, (Tons) (USD Million)
- 6.2.6 Sauces & dressings
- 6.2.6.1 Market estimates & forecast, 2018 - 2032, (Tons) (USD Million)
- 6.2.6.2 Market estimates & forecast, by region, 2018 - 2032, (Tons) (USD Million)
- 6.2.7 Ice creams & desserts
- 6.2.7.1 Market estimates & forecast, 2018 - 2032, (Tons) (USD Million)
- 6.2.7.2 Market estimates & forecast, by region, 2018 - 2032, (Tons) (USD Million)
- 6.3 Beverages
- 6.3.1 Market estimates & forecast, 2018 - 2032, (Tons) (USD Million)
- 6.3.2 Market estimates & forecast, by region, 2018 - 2032, (Tons) (USD Million)
- 6.4 Pharmaceuticals
- 6.4.1 Market estimates & forecast, 2018 - 2032, (Tons) (USD Million)
- 6.4.2 Market estimates & forecast, by region, 2018 - 2032, (Tons) (USD Million)
Chapter 7 Allulose Market, By Region
- 7.1 Key region trends
- 7.2 North America
- 7.2.1 Market estimates & forecast, 2018 - 2032, (Tons) (USD Million)
- 7.2.2 Market estimates & forecast, by type, 2018 - 2032, (Tons) (USD Million)
- 7.2.3 Market estimates & forecast, by application, 2018 - 2032, (Tons) (USD Million)
- 7.2.4 U.S.
- 7.2.4.1 Market estimates & forecast, 2018 - 2032, (Tons) (USD Million)
- 7.2.4.2 Market estimates & forecast, by type, 2018 - 2032, (Tons) (USD Million)
- 7.2.4.3 Market estimates & forecast, by application, 2018 - 2032, (Tons) (USD Million)
- 7.2.5 Canada
- 7.2.5.1 Market estimates & forecast, 2018 - 2032, (Tons) (USD Million)
- 7.2.5.2 Market estimates & forecast, by type, 2018 - 2032, (Tons) (USD Million)
- 7.2.5.3 Market estimates & forecast, by application, 2018 - 2032, (Tons) (USD Million)
- 7.3 Asia Pacific
- 7.3.1 Market estimates & forecast, 2018 - 2032, (Tons) (USD Million)
- 7.3.2 Market estimates & forecast, by type, 2018 - 2032, (Tons) (USD Million)
- 7.3.3 Market estimates & forecast, by application, 2018 - 2032, (Tons) (USD Million)
- 7.3.4 China
- 7.3.4.1 Market estimates & forecast, 2018 - 2032, (Tons) (USD Million)
- 7.3.4.2 Market estimates & forecast, by type, 2018 - 2032, (Tons) (USD Million)
- 7.3.4.3 Market estimates & forecast, by application, 2018 - 2032, (Tons) (USD Million)
- 7.3.5 India
- 7.3.5.1 Market estimates & forecast, 2018 - 2032, (Tons) (USD Million)
- 7.3.5.2 Market estimates & forecast, by type, 2018 - 2032, (Tons) (USD Million)
- 7.3.5.3 Market estimates & forecast, by application, 2018 - 2032, (Tons) (USD Million)
- 7.3.6 Japan
- 7.3.6.1 Market estimates & forecast, 2018 - 2032, (Tons) (USD Million)
- 7.3.6.2 Market estimates & forecast, by type, 2018 - 2032, (Tons) (USD Million)
- 7.3.6.3 Market estimates & forecast, by application, 2018 - 2032, (Tons) (USD Million)
- 7.3.7 South Korea
- 7.3.7.1 Market estimates & forecast, 2018 - 2032, (Tons) (USD Million)
- 7.3.7.2 Market estimates & forecast, by type, 2018 - 2032, (Tons) (USD Million)
- 7.3.7.3 Market estimates & forecast, by application, 2018 - 2032, (Tons) (USD Million)
- 7.4 Latin America
- 7.4.1 Market estimates & forecast, 2018 - 2032, (Tons) (USD Million)
- 7.4.2 Market estimates & forecast, by type, 2018 - 2032, (Tons) (USD Million)
- 7.4.3 Market estimates & forecast, by application, 2018 - 2032, (Tons) (USD Million)
- 7.4.4 Brazil
- 7.4.4.1 Market estimates & forecast, 2018 - 2032, (Tons) (USD Million)
- 7.4.4.2 Market estimates & forecast, by type, 2018 - 2032, (Tons) (USD Million)
- 7.4.4.3 Market estimates & forecast, by application, 2018 - 2032, (Tons) (USD Million)
- 7.4.5 Mexico
- 7.4.5.1 Market estimates & forecast, 2018 - 2032, (Tons) (USD Million)
- 7.4.5.2 Market estimates & forecast, by type, 2018 - 2032, (Tons) (USD Million)
- 7.4.5.3 Market estimates & forecast, by application, 2018 - 2032, (Tons) (USD Million)
- 7.4.6 Argentina
- 7.4.6.1 Market estimates & forecast, 2018 - 2032, (Tons) (USD Million)
- 7.4.6.2 Market estimates & forecast, by type, 2018 - 2032, (Tons) (USD Million)
- 7.4.6.3 Market estimates & forecast, by application, 2018 - 2032, (Tons) (USD Million)
- 7.5 Middle East & Africa
- 7.5.1 Market estimates & forecast, 2018 - 2032, (Tons) (USD Million)
- 7.5.2 Market estimates & forecast, by type, 2018 - 2032, (Tons) (USD Million)
- 7.5.3 Market estimates & forecast, by application, 2018 - 2032, (Tons) (USD Million)
- 7.5.4 Saudi Arabia
- 7.5.4.1 Market estimates & forecast, 2018 - 2032, (Tons) (USD Million)
- 7.5.4.2 Market estimates & forecast, by type, 2018 - 2032, (Tons) (USD Million)
- 7.5.4.3 Market estimates & forecast, by application, 2018 - 2032, (Tons) (USD Million)
- 7.5.5 UAE
- 7.5.5.1 Market estimates & forecast, 2018 - 2032, (Tons) (USD Million)
- 7.5.5.2 Market estimates & forecast, by type, 2018 - 2032, (Tons) (USD Million)
- 7.5.5.3 Market estimates & forecast, by application, 2018 - 2032, (Tons) (USD Million)
- 7.5.6 South Africa
- 7.5.6.1 Market estimates & forecast, 2018 - 2032, (Tons) (USD Million)
- 7.5.6.2 Market estimates & forecast, by type, 2018 - 2032, (Tons) (USD Million)
- 7.5.6.3 Market estimates & forecast, by application, 2018 - 2032, (Tons) (USD Million)
Chapter 8 Company Profiles
- 8.1 Matsutani Chemical Industry Co. Ltd.
- 8.1.1 Business overview
- 8.1.2 Financial data
- 8.1.3 Product landscape
- 8.1.4 Go-To-Market Strategy
- 8.1.5 SWOT analysis
- 8.2 Tate & Lyle
- 8.2.1 Business overview
- 8.2.2 Financial data
- 8.2.3 Product landscape
- 8.2.4 Go-To-Market Strategy
- 8.2.5 SWOT analysis
- 8.3 CJ CheilJedang
- 8.3.1 Business overview
- 8.3.2 Financial data
- 8.3.3 Product landscape
- 8.3.4 Go-To-Market Strategy
- 8.3.5 SWOT analysis
- 8.4 Bonumose LLC
- 8.4.1 Business overview
- 8.4.2 Financial data
- 8.4.3 Product Landscape
- 8.4.4 Go-To-Market Strategy
- 8.4.5 SWOT analysis
- 8.5 Ingredion Inc
- 8.5.1 Business overview
- 8.5.2 Financial data
- 8.5.3 Product landscape
- 8.5.4 Go-To-Market Strategy
- 8.5.5 SWOT analysis
- 8.6 Samyang Corporation
- 8.6.1 Business overview
- 8.6.2 Financial data
- 8.6.3 Product landscape
- 8.6.4 Go-to-market strategy
- 8.6.5 SWOT analysis
- 8.7 Apura Ingredients
- 8.7.1 Business overview
- 8.7.2 Financial data
- 8.7.3 Product landscape
- 8.7.4 Go-to-market strategy
- 8.7.5 SWOT analysis
- 8.8 Icon Foods
- 8.8.1 Business overview
- 8.8.2 Financial data
- 8.8.3 Product landscape
- 8.8.4 SWOT analysis
- 8.9 Heartland Food Products Group
- 8.9.1 Business overview
- 8.9.2 Financial data
- 8.9.3 Product Landscape
- 8.9.4 SWOT analysis
- 8.10 Anderson Advanced Ingredients
- 8.10.1 Business overview
- 8.10.2 Financial data
- 8.10.3 Product landscape
- 8.10.4 SWOT analysis