Allulose Market Size by Type (Powder, Liquid, Crystal), By Application (Food, (Bakery & confectionary, Table-top sweetener, Dairy and frozen desserts, Sauces and dressings, Ice Creams and Desserts), Beverages, Pharmaceuticals) & Forecast 2023- 2032

Allulose Market Size by Type (Powder, Liquid, Crystal), By Application (Food, (Bakery & confectionary, Table-top sweetener, Dairy and frozen desserts, Sauces and dressings, Ice Creams and Desserts), Beverages, Pharmaceuticals) & Forecast 2023- 2032

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.