North America Allulose Market

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028

Analysis By Type (Liquid and Powder & Crystals) and Application [Food and Beverages (Bakery and Confectionery, Dairy and Frozen Desserts, Beverages, and Others) and Others]


No. of Pages: 105    |    Report Code: BMIRE00025264    |    Category: Food and Beverages

North America Allulose Market
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The allulose market in North America is expected to grow from US$ 73.39 million in 2021 to US$ 116.75 million by 2028; it is estimated to grow at a CAGR of 6.9% from 2021 to 2028.

 

The US, Canada, and Mexico are major economies in North America. Table sugar has been extensively used as a sweetener in various food and beverages, including bakery products, confectionery, carbonated and noncarbonated beverages, ice creams, and desserts. However, high consumption of refined sugar is associated with various health risks such as diabetes, obesity, heart diseases, and inflammation. The consumption of highly processed junk food has increased significantly, owing to hectic and busy work schedules. Processed food and beverages usually contain high amounts of refined sugar, posing potential health risks to the consumers.

Along with diabetes, the prevalence of obesity and cardiovascular diseases is also rising. However, the awareness regarding the harmful effects of consuming refined sugar is increasing among people. Therefore, people are increasingly shifting toward low-intensity sweeteners. Low-intensity sweeteners have a negligible calorie count and are excellent substitutes for refined sugar. D-allulose, xylitol, sorbitol, D-tagatose, maltitol, and mannitol, among others, are the most commonly used low-intensity sweeteners. Among all the low-intensity sweeteners, allulose is gaining huge traction among consumers as it is 70% as sweet as sucrose and has 0.4 calories per gram, making it a perfect sugar replacement. Allulose is generally recognized as safe (GRAS) by the US Food and Drug Administration (FDA). Many food and beverage manufacturers are incorporating allulose to develop low-calorie and low-sugar products. The rising demand for low-intensity sweeteners, owing to the rising prevalence of health issues such as diabetes and obesity, is one of the key factors driving the allulose market.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America allulose market. The North America allulose market is expected to grow at a good CAGR during the forecast period.

 

North America Allulose

Market Revenue and Forecast to 2028 (US$ Million)

North America Allulose Market Revenue and Forecast to 2028 (US$ Million)
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North America Allulose Strategic Insights

Strategic insights for the North America Allulose provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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North America Allulose Report Scope

Report Attribute Details
Market size in 2021 US$ 73.39 Million
Market Size by 2028 US$ 116.75 Million
Global CAGR (2021 - 2028) 6.9%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Type
  • Liquid
  • Powder & Crystals
By Application
  • Food
  • Beverages
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Market leaders and key company profiles
  • 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
  • Tate & Lyle PLC
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    North America Allulose Regional Insights

    The geographic scope of the North America Allulose refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    North America Allulose Market Segmentation

    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 List of Companies - North America Allulose Market

    1. Anderson Global Group, LLC
    2. Apura Ingredients, Inc
    3. Bonumose, Inc.
    4. CJ CheilJedang
    5. Ingredion Incorporated
    6. Matsutani Chemical Industry Co., Ltd.
    7. Nutra Food Ingredients
    8. Samyang Corporation
    9. Savanna Ingredients GmbH
    10. Tate & Lyle PLC
    Frequently Asked Questions
    How big is the North America Allulose Market?

    The North America Allulose Market is valued at US$ 73.39 Million in 2021, it is projected to reach US$ 116.75 Million by 2028.

    What is the CAGR for North America Allulose Market by (2021 - 2028)?

    As per our report North America Allulose Market, the market size is valued at US$ 73.39 Million in 2021, projecting it to reach US$ 116.75 Million by 2028. This translates to a CAGR of approximately 6.9% during the forecast period.

    What segments are covered in this report?

    The North America Allulose Market report typically cover these key segments-

    • Type (Liquid, Powder & Crystals)
    • Application (Food, Beverages)

    What is the historic period, base year, and forecast period taken for North America Allulose Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Allulose Market report:

  • Historic Period : 2019-2020
  • Base Year : 2021
  • Forecast Period : 2022-2028
  • Who are the major players in North America Allulose Market?

    The North America Allulose Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • 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
  • Tate & Lyle PLC
  • Who should buy this report?

    The North America Allulose Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the North America Allulose Market value chain can benefit from the information contained in a comprehensive market report.

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