Allulose is a simple. It is absorbed by the body, but not metabolized
thus it is totally or nearly calorie-free. Thus it is used as natural
sweetener. It is also found in various fruits and grains. Allulose
was initially identified from wheat. Also been found in few fruits
including figs, raisins, and jackfruit, etc. However, it is naturally
found in small quantities in variety of sweet foods such as maple
syrup and brown sugar.
As
allulose is law calories market demand from free or low calories food
product market is higher. Allulose tastes and acts like, but it
contains only a few amount of calories and no adverse side effects of
it. Allulose market demand is expected to boost over the forecast
period.
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Allulose
Market Segmentation:
Global
allulose market is segmented on the basis of its various application
in various industries such as bakery, confectionary, dairy food and
therapeutic food such as diabetic or weight management food.
Increasing number of health issues associated with consumption of
simple high calorie sugar, growing obesity rate, diabetic patients
etc. are major factors causing consumers shift towards low calorie
sweeteners. Thus food industries have started use of allulose as a
sweetener in various food products such as bakery, confectionary,
dairy food and therapeutic food etc. The growing demand from various
application is expected to drive higher allluose market growth over
the forecast period. Amongst all application market segments
therapeutic food segments is expected to grow at higher CAGR,
attributed to increasing number of diabetic patients as well as
increasing popularity of weight management therapeutic food.
Allulose
market is further segmented on the basis of regions as North America,
Latin America, Europe, Asia Pacific and Japan, and the Middle East
and Africa. Currently North America accounts for major value and
volume market share consumption of allulose. However Europe is
another major regional market expected to grow rapidly. Asia Pacific
is another market expected to grow at higher CAGR over the forecast
period.
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Allulose
Market Dynamics:
Various
health issues associated with consumption of high calorie sugar as
well as uncertainty about safety of synthetic sweeteners available in
market are the major factors attracting consumers towards allulose as
healthy sugary choice, and fueling market demand globally. Increasing
awareness about allulose and its various benefits over other simple
sugars are other factors expected to drive market demand for allulose
over the forecast period. Obesity is climbing at an alarming rate
globally, and has created a need to change a strategy to turn
allulose trend around and boosting the market growth. Versatile
properties of allulose such as it is versatile sweetener i.e. act and
taste like sugar but very low calorie, no impact on blood sugar when
consumed, allulose does not cause gastrointestinal issues etc. are
other major factors fueling market demand for allulose. Increasing
number of health conscious consumers are always seeking natural
products, as allulose occurs naturally becoming popular as natural
sweetener and manufacturers are continuously launching allulose
products in global marketplace. Allulose shows a lot of potential as
a tool to for consumers to reduce excess calories and sugar in
sweetened food and beverages.
Various
manufacturers are launching new products with allulose sugar, for
instance Quest Nutrition launched its nutritional bar with allulose
sugar, thus low calorie all natural nutritional option.
Allulose
Market Key Players:
Few
key market players operating in global allulose market includes Quest
Nutrition, Tate & Lyle, McNeil Nutritionals, Matsutani Chemical
Industry Co. Ltd., Anderson Global Group etc. Looking at the rapidly
growing market demand from various food industries for allulose and
increasing consumer demand for allulose as low calorie sugar choice,
various new entries are expected in the market over the forecast
period.
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