Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 167.4 Million | USD 712.11 Million | 14.2% | 2024 |
The global allulose market size was worth around USD 167.4 Million in 2024 and is predicted to grow to around USD 712.11 Million by 2034 with a compound annual growth rate (CAGR) of roughly 14.2% between 2025 and 2034. The report analyzes the global allulose market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the allulose industry.
Allulose is a monosaccharide low-energy sweetener. Furthermore, it comprises about 70% sweet as compared to sucrose. It is considered to be a healthy ingredient with many health benefits, including antioxidant content, hypoglycemic controls, insulin resistance, and several others. It is very similar to sugar in terms of appearance, textures, and taste but differs in the number of calories present in the product. It is also known as D-allulose or D-Psicose. Moreover, allulose is widely used among commercial manufacturers in the food and beverage sector. Nowadays, allulose is widely produced from corn. However, food processing companies are now adopting allulose as a low-calorie sweetener in baked goods, ice cream, yogurt, beverages, and other high-calorie items. Allulose is highly adopted in the making of vitamin supplements and cough syrups to maintain overall sweetness. Apart from this, the growing trend of detoxification all around the globe has emerged as a key factor in increasing sales of allulose. People are consuming allulose every morning to get rid of toxins and to enhance their liver and digestive functions. Additionally, the growing number of consumers is adopting a plant-based diet and is likely to further augment the adoption rate of allulose globally.
Surging customer preference for low-calorie diets globally will drive the global market demand
The global allulose market is predicted to witness a paradigm shift due to the growing consumer preference for natural and low-calorie food items all around the world. Furthermore, allulose finds a large number of applications in therapeutic food items such as weight management food or diabetic management food, which in turn is likely to drive the growth of the global market exponentially in the forthcoming years. In addition to this, the large number of health issues associated with high-calorie products, along with the growing impact of side effects of synthetic sweeteners will further fuel the demand for allulose globally. Apart from this, a growing number of fitness enthusiasts and health-conscious people are shifting their preferences towards healthy sugar alternatives like allulose globally. Obesity has become a key concern, which is scaling up the demand for allulose, thereby driving the global market trends.
Furthermore, allulose is simultaneously influencing other consumers to accept natural sugar alternatives. Additionally, dieticians are also emphasizing substituting regular sugar with allulose and this has prompted consumers to adopt allulose as their daily sugar, thereby steering the global allulose industry demand. New product launches are predicted to contribute majorly towards the global market revenue in the coming years. For instance, in June 2023, Liquid I.V. increased its product portfolio through the launching of a sugar-free hydration multiplier comprising allulose. Such moves will boost the global market trends.
Low purchasing power of end-users can retard the growth of the global industry over 2023-2030
Growing access to low-cost synthetic products and the low purchasing capacity of consumers can hinder the expansion of the global allulose industry in the coming years.
Growing intake of low-calorie sugar has opened new opportunities for growth for the global market
Allulose is extracted from certain fruits such as raisins, jackfruit, and wheat which make it an ideal sweetener when compared to synthetic ones. Athletes all around the world are relying on low-calorie sugar alternatives like allulose to satisfy their sugar cravings. All these aforementioned factors will open new growth avenues for the global allulose market.
Less awareness pertaining to advantages provided by plant-based allulose can prove to be a key factor obstructing the global industry expansion
Lack of awareness about the benefits offered by plant-based allulose will pose a huge challenge to the global allulose industry expansion in the years ahead.
The global allulose market is sectored into type, end-user, and region.
In type terms, the global allulose market is segregated into powder, crystal, and liquid segments. Furthermore, the powder segment, which gathered nearly 60% of the global market revenue share in 2022, is projected to register the fastest CAGR in the upcoming years. The growth of the segment in the estimated timespan can be due to a rise in demand and sales of the product compared to other types along with the convenience and easy availability.
Based on the end-user, the global allulose industry is sectored into food, beverages, retail, pharmaceuticals, households, and food service providers segments. Moreover, the beverage segment, which garnered a huge chunk of the global industry revenue share in 2022, is projected to dominate the global industry over the analysis timeframe. The segmental expansion over the assessment timeline can be subject to the growing demand for healthy drinks with sugar alternatives.
Report Attributes | Report Details |
---|---|
Report Name | Allulose Market |
Market Size in 2024 | USD 167.4 Million |
Market Forecast in 2034 | USD 712.11 Million |
Growth Rate | CAGR of 14.2% |
Number of Pages | 225 |
Key Companies Covered | Anderson Advanced Ingredients., Apura Ingredients, Bonumose LLC, CJ Cheil Jedang, Heartland Food Products Group, Icon Foods, , Ingredion Inc, Matsutani Chemical Industry Co. Ltd., Samyang Corporation, Tate & Lyle, and others. |
Segments Covered | By Type, By Application, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
Base Year | 2024 |
Historical Year | 2020 to 2023 |
Forecast Year | 2025 - 2034 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America is projected to maintain global market domination over the assessment period
North America, which contributed about two-thirds of the global allulose market revenue in 2022, is projected to dominate the global market in the upcoming years. The growth of the market in the region can be credited to the high prevalence of obesity and diabetes in the region. Also, the presence of prominent market leaders in the region will further accentuate the growth of the regional market. Surging demand from the growing population regarding the variations in flavor is further creating several lucrative growth opportunities in the regional market.
Asia-Pacific allulose industry is set to register the fastest CAGR in the upcoming years due to the growing usage of allulose in confectionery and bakery products in growing economies like India. Furthermore, the growing disposable income of the people is likely to further fuel the demand for premium and organic natural sugar products like allulose. Furthermore, the growing urbanization and rising living standards of the people will also propel the growth of the regional industry.
The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the allulose market on a global and regional basis.
The global allulose market is dominated by players like:
The global allulose market is segmented as follows;
By Type
By Application
By Region
FrequentlyAsked Questions
Allulose is a monosaccharide low-energy sweetener. Furthermore, it comprises about 70% sweet as compared to sucrose. It is considered to be a healthy ingredient with many health benefits, including antioxidants content, hypoglycemic controls, insulin resistance, and several others.
The global allulose market is expected to grow due to rising demand for low-calorie sweeteners, increasing prevalence of diabetes and obesity, growing health-conscious consumer base, and regulatory approvals for sugar alternatives.
According to a study, the global allulose market size was worth around USD 167.4 Million in 2024 and is expected to reach USD 712.11 Million by 2034.
The global allulose market is expected to grow at a CAGR of 14.2% during the forecast period.
The Asia-Pacific allulose industry is set to register the highest CAGR over the forecasting timeline owing to the growing usage of allulose in confectionery and bakery products in growing economies like India.
Leading players in the global allulose market include Anderson Advanced Ingredients., Apura Ingredients, Bonumose LLC, CJ Cheil Jedang, Heartland Food Products Group, Icon Foods, , Ingredion Inc, Matsutani Chemical Industry Co. Ltd., Samyang Corporation, Tate & Lyle, among others.
The report explores crucial aspects of the allulose market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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