Global Allulose (CAS 551-68-8) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Allulose (CAS 551-68-8) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Allulose (CAS 551-68-8) is classified as a hexose and ketose, which is the epimer corresponding to the carbon at the 3rd position of D-fructose. Methanol and ethanol are basically insoluble in acetone, and the chemical properties are stable under normal temperature and pressure. Allulose (CAS 551-68-8) has 70% sweetness of the same amount of sucrose, but only 0.3% of the energy of sucrose, producing 0.2kcal of heat per gram. Allulose (CAS 551-68-8) is absorbed into the blood circulation through the small intestine in the human body, it will not be metabolized into energy after absorption in the small intestine, and it has low fermentation utilization for intestinal microorganisms.

Market Overview:

The latest research study on the global Allulose (CAS 551-68-8) market finds that the global Allulose (CAS 551-68-8) market reached a value of USD 41.46 million in 2022. It’s expected that the market will achieve USD 86.9 million by 2028, exhibiting a CAGR of 13.13% during the forecast period.

Affect the normal operation of the industry

The impact of COVID-19 on Allulose (CAS 551-68-8) industry will involve all major links and all entities in the industry chain. The company's management efficiency has been reduced, commuting has been severely frustrated, production scheduling has been severely hindered, network expansion has been delayed, marketing has been delayed, brand adjustments have been forced, market sales have declined, and corporate and employee revenues have been damaged. The impact on Allulose (CAS 551-68-8) industry depends on the prevention and control effects of COVID-19.

Marketing channel sales will be affected differently

The outbreak of COVID-19 led to a decline in offline passenger flow, and the advantages of community supermarkets and e-commerce companies have become prominent. Hypermarkets and supermarkets, the main positions of offline retail, encountered great challenges during the outbreak of COVID-19. The passenger flow dropped sharply, and the sales volume was also affected. At the same time, the sales of community supermarkets and e-commerce will increase during this period.

Raw material price fluctuations

Allulose's main raw materials are starch, sucrose, fructose syrup or fructose. In the global market, the supply of raw materials is sufficient. However, the continuous fluctuation of raw material prices will affect the production cost of the allulose industry, which will be the main factor restricting the development of the industry. The increase in production costs directly reduces the profitable space of the producer. For the producer, the profit is reduced, and the technology investment and capital investment for expanding production are reduced, which is not conducive to market competition. At the same time, if producers cannot disperse the impact of raw material price fluctuations into the upstream and downstream markets, it will affect their own production and operation.

The population of obesity, diabetes and cardiovascular disease increases year by year

With the development of society and the acceleration of life rhythm, people's life pressure is also increasing. The intake of high energy and high protein nutrition has brought a huge physiological burden to the human body. Various diseases appear gradually and become more and more serious. The number of obesities, diabetes, diabetes and cardiovascular diseases is increasing year by year and showing a trend of rejuvenation. With the continuous development of nutritional medicine research, more and more nutrition experts advise consumers to stay away from higher energy high-fat, high-sugar foods, and some more functional and nutritious low-calorie functional foods are becoming more and more popular. Therefore, for the research of sweeteners, actively looking for low-calorie functional sweeteners is imperative. Allulose (CAS 551-68-8) is an important rare sugar that can enhance the sweetness of food, but it is almost zero calorie. As the population of obesity, diabetes and cardiovascular disease increases year by year, the market of allose (CAS 551-68-8) will also gradually expand.

The change of people's lifestyle to health and low glycation

Allulose (CAS 551-68-8) does not increase blood sugar, but also plays a neuroprotective role. It can produce substances with high antioxidant effects to improve product quality. As a sweetener, its sweetness is equivalent to 70% of fructose. The energy is only 0.3% of sucrose. With the improvement of the living standards of modern people, the pursuit of a healthy body has become the mainstream consciousness. The change of people's lifestyle to health and low sugar will promote the development of this market.

Region Overview:

From 2023-2028, Europe is estimated to witness robust growth prospects.

Company Overview:

Matsutani Chemical is one of the major players operating in the Allulose (CAS 551-68-8) market, holding a share of 35.72% in 2023.

Matsutani Chemical

Matsutani Chemical Industry Co. Ltd. manufactures grain mill products. The Company develops, manufactures, and sells edible starch, dietary fiber, and food for specified health use.

Tate & Lyle

Tate & Lyle PLC is the holding company for an international group of companies which produces and markets ingredients and solutions for the food, beverage, industrials and agriculture industries around the world. The Company's range of products includes nutritive sweeteners, industrial starches, ethanol, acidulants and animal feed.

Segmentation Overview:

Among different product types, Powder Form segment is anticipated to contribute the largest market share in 2028.

Application Overview:

The market's largest segment by application is the segment Beverages, with a market share of 35.49% in 2022.

Key Companies in the global Allulose (CAS 551-68-8) market covered in Chapter 3:

Wuxi AccoBio Biotech Inc
Savanna Ingredients
CJ CheilJedang
Matsutani Chemical
Tate & Lyle

In Chapter 4 and Chapter 14.2, on the basis of types, the Allulose (CAS 551-68-8) market from 2018 to 2029 is primarily split into:

Liquid Form
Powder Form

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Allulose (CAS 551-68-8) market from 2018 to 2029 covers:

Beverages
Confectionery
Dairy
Other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)