Report : North America Allulose Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Liquid and Powder & Crystals) and Application [Food and Beverages (Bakery and Confectionery, Dairy and Frozen Desserts, Beverages, and Others) and Others]
Powder & Crystals Segment to Dominate North America Allulose Market during 2020–2028
According to a new market research study on “North America Allulose Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type and Application” is expected to reach US$ 116.75 million by 2028 from 73.79 US$ million in 2021. The market is estimated to grow at a CAGR of 6.9% from 2021 to 2028. The report provides trends prevailing in the North America allulose market along with the drivers and restraints pertaining to the market growth. Rising demand for low-Intensity sweeteners is the major factor driving the growth of the North America allulose market. However, issues associated with presence of large number of substitute sweeteners and high cost of allulose hinders the growth of North America allulose market.
North America 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 & beverages 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 North America allulose market is segmented into the US, Canada, and Mexico. The US held the largest market share in 2020.
Anderson Global Group, LLC; Apura Ingredients, Inc; Bonumose, Inc.; CJ CheilJedang; Ingredion Incorporated; Matsutani Chemical Industry Co., Ltd.; Nutra Food Ingredients; Samyang Corporation; Savanna Ingredients GmbH; and Tate & Lyle PLC are among the leading companies in the North America 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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