Global Allulose Market Overview
Allulose Market Size was valued at USD 0.1 Billion in 2023. The Allulose industry is projected to grow from USD 0.2 Billion in 2024 to USD 0.6 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 15.50% during the forecast period (2024 - 2032). Increased customer preference for low-calorie diets and increasing demand for plant-based items over manufactured products are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Allulose Market Trends
- Aids in weight management and fat loss fuel market growth
The increasing concern about weight management and fat loss is driving market CAGR for the Allulose. One of the most important differences between allulose and sugar is their calorie content. In reality, allulose contains only 0.4 calories per gram, which is around 90% less than sugar. Reduced calorie consumption is an easy way to speed up weight loss. Switching from allulose to table sugar can help a consumer reduce calories and lose weight when accompanied by regular exercise and a healthy, well-balanced diet. According to many studies and research, allulose has the ability to boost fat reduction in addition to assisting with weight loss. Furthermore, allulose has a variety of essential elements that are thought to help with weight loss.
Allulose can be a useful tool for improving blood sugar control. Not only does allulose have a low glycemic index, which indicates it has no negative effect on blood sugar levels, but it may also protect the pancreas' beta cells, which create insulin. Eating allulose with a meal can lead to considerable blood sugar decreases in 30-60 minutes. It can also assist to reduce insulin levels, enhancing the body's ability to transport sugar from the bloodstream to the cells more efficiently. In addition, consuming allulose can aid in improving liver health. It can help prevent fatty liver disease, a serious illness that can progress to cirrhosis or liver scarring.
Furthermore, the industry is likely to grow in the future years as global demand for sugar substitutes increases. In recent years, the number of health-conscious and fitness-freak consumers has increased and accelerated worldwide. Natural and healthier sweeteners and sugar replacements were in high demand in the food and beverage business. Tate & Lyle reported that demand for allulose exceeded the company's current supply in May 2021. To meet product demand, the corporation planned to exceed and upgrade its products. The company also noted that there has been a rise in demand for low-calorie sweeteners and sugar replacements, which was likely to drive the allulose market forward.
Moreover, since the FDA's decision to remove and exclude allulose from the added and total sugar disclosures on the Nutrition Facts panel, demand has increased exponentially. The product has been approved by a small number of countries, and only a reasonable number of companies have produced it. Key companies in the market include CJ Cheiljedang, Tate & Lyle, Ingredion Incorporated, Matsukani, and others. In June 2021, General Mills announced the debut of Good Measure, a new brand of low-calorie snacks. The company offers three varieties of bars: almond and dark chocolate, peanut and dark chocolate, and blueberry and almond. The bars contain less sugar, with the majority of their sweetness derived from the rare sugar allulose. These trends and developments are projected to positively impact the industry. Thus driving the Allulose Market revenue.
Allulose Market Segment Insights:
Allulose Type Insights
The Allulose Market segmentation, based on Type, includes Powder, Crystal and Liquid. The powder category dominated the market in 2023 and is expected to have the greatest CAGR in the coming years. It is probable that growth in demand and sales of the product relative to sales of other types, as well as convenience and ease of availability, will be responsible for the category's expansion within the forecasted timeframe.
Allulose End-User Insights
Food, Beverage, Retail, Pharmaceuticals, Households and Food Service Providers are the different End-User in the Allulose Market. The beverage segment has the largest market share, accounting for 60% during the projection period. Increased consumer knowledge and desire for a healthy lifestyle have resulted in increased demand for healthy beverages. Companies are producing gluten-free and sugar-free ready-to-drink beverages in response to consumer demand. Furthermore, rising health consciousness and demand for convenience food and beverages are expected to boost market growth throughout the projection period.
Figure 1: Allulose Market, By End-User, 2023 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Allulose Regional Insights
By region, the study provides the market insights into North America, Europe, Asia-Pacific and the Rest of the World. In terms of revenue, North America dominated the Allulose Market in 2023, accounting for more than 45.80% of the total. The region's high prevalence of obesity and diabetes has fueled market expansion. Furthermore, the existence of important market leaders in the region will accelerate the regional market's growth. The rising desire for flavor variants among the growing population is producing various attractive growth prospects in the regional industry.
Further, the major countries studied in the market report are the US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: ALLULOSE MARKET SHARE BY REGION 2023 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Allulose Market accounts for the second-largest market share. The regional market is expected to grow as dietary preferences change and consumers become more aware of the need to maintain a healthy lifestyle. Further, the German Allulose Market held the largest market share, and the UK Allulose Market was the fastest-growing market in the European region.
The Asia-Pacific Allulose Market is expected to grow at the fastest CAGR from 2024 to 2032. Demand for functional foods and convenience foods is rising in this region, driving up demand for functional replacements like allulose. Allulose provides a variety of health benefits while maintaining the taste and quality of food and beverages. Moreover, China’s Allulose Market held the largest market share, and the Indian Allulose Market was the fastest-growing market in the Asia-Pacific region.
Allulose Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Allulose Market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the Allulose industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Allulose industry to benefit clients and increase the market sector. In recent years, the Allulose industry has offered some of the most significant advantages to medicine. Major players in the Allulose Market, including Matsutani Chemical Industry Co. Ltd, Tate & Lyle PLC, CJ Cheil Jedang, Bonumose LLC- At a Glance, Cargill Inc. and others, are attempting to increase market demand by investing in research and development operations.
Codexis, Inc. is a protein engineering business that creates enzymes for pharmaceutical, food, and medical use. Codexis is headquartered in Redwood City, California, and was founded in 2002. It went public on NASDAQ in April 2010 and, in October, acquired Maxygen's Molecular Breeding technology portfolio. In January 2021, Codexis introduced enhanced enzymes to boost Tate & Lyle's stevia and allulose production.
Tate & Lyle PLC is a British-based, multinational supplier of food and beverage products to the food and industrial industries. It was originally a sugar refining company, but it began to diversify in the 1970s, eventually selling its sugar operations in 2010. It focuses on converting raw materials like corn and tapioca into additives that enhance the flavor, texture, and nutritional value of food and beverages. It is listed on the London Stock Exchange and is part of the FTSE 250 Index. In March 2020, Tate & Lyle, a renowned producer, developed two new products, Tasteva M Stevia Sweetener and Dolcia Prima allulose, to improve the lives of future generations by offering healthier food and drink options to its customers.
Key Companies in the Allulose Market include
- Matsutani Chemical Industry Co. Ltd
- Tate & Lyle PLC
- CJ Cheil Jedang
- Bonumose LLC- At a Glance
- Cargill Inc
- Ingredion Incorporated
- Samyang Corporation
- Anderson Global Group
- Eat Just Inc.
- Wellversed
Allulose Industry Developments
In 2024, Purecane introduced a new allulose sweetener that aims to provide a sugar-like taste without the calories. This product is marketed as a zero-calorie, low-glycemic alternative to traditional sugar for baking and cooking.
In 2024, Monk Fruit in the Raw launched an allulose blend that combines allulose with monk fruit extract. This blend is designed to offer a natural, low-calorie sweetener with a taste profile similar to sugar, suitable for a variety of applications.
Allulose Market Segmentation
Allulose By Type Outlook
Allulose By End-User Outlook
- Food
- Beverage
- Retail
- Pharmaceuticals
- Households
- Food Service Providers
Allulose Regional Outlook
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Australia
- Rest of Asia-Pacific
- Rest of the World
- Middle East
- Africa
- Latin America
Report Attribute/Metric |
Details |
Market Size 2023 |
USD 0.1 Billion |
Market Size 2024 |
USD 0.2 Billion |
Market Size 2032 |
USD 0.6 Billion |
Compound Annual Growth Rate (CAGR) |
15.50% (2024-2032) |
Base Year |
2023 |
Market Forecast Period |
2024-2032 |
Historical Data |
2019- 2021 |
Market Forecast Units |
Value (USD Billion) |
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
Type, End User and Region |
Geographies Covered |
North America, Europe, Asia Pacific, and the Rest of the World |
Countries Covered |
The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
Key Companies Profiled |
ย Matsutani Chemical Industry Co. Ltd, Tate & Lyle PLC, CJ Cheil Jedang, Bonumose LLC- At a Glance, Cargill Inc., Ingredion Incorporated, Samyang Corporation, Anderson Global Group, Eat Just Inc., and Wellversed |
Key Market Opportunities |
The growing consumption of low-calorie sugar has created new chances for growth in the global industry. |
Key Market Dynamics |
The increasing demand for sugar replacements is likely to boost market expansion. |
Frequently Asked Questions (FAQ) :
The Allulose Market size was valued at USD 0.1 Billion in 2023.
The global market is projected to grow at a CAGR of 15.50% from 2024 to 2032.
North America had the largest share of the global market.
The key players in the market are Matsutani Chemical Industry Co. Ltd, Tate & Lyle PLC, CJ Cheil Jedang, Bonumose LLC- At a Glance and Cargill Inc.
The powder category dominated the market in 2023.
The beverage category had the largest share of the global market.