Powder & Crystals Segment to Dominate APAC Allulose Market during 2020–2028      

According to a new market research study on “APAC Allulose Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type and Application” is expected to reach US$ 189.67 million by 2028 from 124.72 US$ million in 2021. The market is estimated to grow at a CAGR of 6.2% from 2021 to 2028. The report provides trends prevailing in the APAC allulose market along with the drivers and restraints pertaining to the market growth. Favorable government regulations in various APAC countries is the major factor driving the growth of the APAC allulose market. However, issues associated with presence of large number of substitute sweeteners and high cost of allulose hinders the growth of APAC allulose market.

APAC allulose market is segmented into type, application, and country. Based on type, the allulose market is segmented into liquid, and powder & crystals. The powder & crystals segment accounted for a larger market share in 2020. Based on application, the allulose market is segmented into food & beverage and others. The food & beverages segment is further segregated into bakery & confectionery, dairy & frozen desserts, beverages, and others. In 2020, the food & beverages segment accounted for a larger market share. Based on country, the APAC allulose market is segmented into China, India, Japan, South Korea, and the Rest of APAC.

Apura Ingredients, Inc; CJ CheilJedang; Ingredion Incorporated; Matsutani Chemical Industry Co., Ltd.; Samyang Corporation; Savanna Ingredients GmbH; and Tate & Lyle PLC are among the leading companies in the APAC allulose market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.

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