Allulose (CAS 551-68-8) Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030
Allulose (Psicose) is a low calorie sugar, which offers the taste and texture of sugar but with 90 percent fewer calories than full caloric sugar. Allulose is a C-3 epimer of fructose, and has the same molecular formula as fructose and glucose. As a substance that exists in nature, allulose is found in small quantities injackfruit, figs, raisins and wheat and is naturally present in small quantities in foods including caramel sauce, maple syrup and brown sugar. Allulose has similar physical characteristics as a typical monosaccharide.
Since demand scale of the Allulose is not large at the moment compared to other sweetener, allulose manufacturers mainly sell their products to the local market. According to news revealing, CJ CheilJedang had entered into the North America market for the first time in the second half year of 2015. Besides, some countries, like China, have no Allulose sales for the being. And Europe has not approved the product officially.
Survey results showed that 64% of the Allulose market is beverages, 21% used in dairy, and 9.8% used in confectionery in 2016. With the development of economy, food industry will need more Allulose. So, Allulose has a huge market potential in the future.
The major raw material for Allulose is starch. On the global market, supply of raw materials is full. Fluctuations in the price of the upstream product will impact on the production cost of Allulose industry. In addition, technology and D-psicose 3-epimerase also has an effect on the price of Allulose.
The Global Allulose (CAS 551-68-8) Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
In the global Allulose (CAS 551-68-8) Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Matsutani Chemical
Tate&Lyle
CJ CheilJedang
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Liquid Form
Powder Form
In Market segmentation by applications :
Beverages
Confectionery
Dairy
Other
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Allulose (CAS 551-68-8) Market for the forecast period 2023 - 2030?
• What are the driving forces in the Allulose (CAS 551-68-8) Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Allulose (CAS 551-68-8) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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