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]
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)
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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.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis Formulation:
3.2.4 Macro-economic Factor Analysis:
3.2.5 Developing Base Number:
3.2.6 Data Triangulation:
3.2.7 Country Level Data:
3.2.8 Limitations and Assumptions:
4. North America Allulose Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Expert Opinion
4.4 Value Chain Analysis
4.4.1 Raw Material
4.4.2 Manufacturing/Processing
4.4.3 Packaging
5. North America Allulose Market – Key Market Dynamics
5.1 Market Drivers
10.6.1 Rising Demand for Low-Intensity Sweeteners
10.6.2 Surging Strategic Investments
5.2 Market Restraints
10.6.3 Presence of Large Number of Substitute Sweeteners and High Cost of Allulose
5.3 Market Opportunities
10.6.4 Favorable Government Regulations
5.4 Future Trends
10.6.5 Growing Popularity of Ketogenic Diet
5.5 Impact Analysis of Drivers and Restraints
6. Allulose Market – North America Analysis
6.1 North America Allulose Market Overview
6.2 North America Allulose Market –Revenue and Forecast to 2028 (US$ Million)
7. North America Allulose Market Analysis – By Type
7.1 Overview
7.2 North America Allulose Market, By Type (2020 and 2028)
7.3 Liquid
7.3.1 Overview
7.3.2 Liquid: Allulose Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Powder and Crystals:
7.4.1 Overview
7.4.2 Powder and Crystals: Allulose Market – Revenue and Forecast to 2028 (US$ Million)
8. Allulose Market Analysis – By Application
8.1 Overview
8.2 North America Allulose Market, By Application (2020 and 2028)
8.3 Food & Beverages
8.3.1 Overview
8.3.2 Food & Beverages: Allulose Market – Revenue and Forecast to 2028 (US$ Million)
8.3.2.1 Bakery & Confectionery: Allulose Market – Revenue and Forecast to 2028 (US$ Million)
8.3.2.1.1 Overview
8.3.3 Bakery & Confectionery: Allulose Market – Revenue and Forecast to 2028 (US$ Million)
8.3.3.1 Dairy & Frozen Desserts: Allulose Market – Revenue and Forecast to 2028 (US$ Million)
8.3.3.1.1 Overview
8.3.4 Dairy & Frozen Desserts: Allulose Market – Revenue and Forecast to 2028 (US$ Million)
8.3.4.1 Beverages: Allulose Market – Revenue and Forecast to 2028 (US$ Million)
8.3.4.1.1 Overview
8.3.5 Beverages: Allulose Market – Revenue and Forecast to 2028 (US$ Million)
8.3.5.1 Others: Allulose Market – Revenue and Forecast to 2028 (US$ Million)
8.3.5.1.1 Overview
8.3.6 Others: Allulose Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Others
8.4.1 Overview
8.4.2 Others: Allulose Market – Revenue and Forecast to 2028 (US$ Million)
9. North America Allulose Market – Country Analysis
9.1 Overview
9.1.1 North America: Allulose Market, by Key Country
9.1.1.1 US: Allulose Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 US: Allulose Market, by Type
9.1.1.1.2 US: Allulose Market, by Application
9.1.1.2 Mexico: Allulose Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Mexico: Allulose Market, by Type
9.1.1.2.2 Mexico: Allulose Market, by Application
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 Merger and Acquisition
10.4 New Product Development
11. Company Profiles
11.1 Tate & Lyle PLC
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 ANDERSON GLOBAL GROUP, LLC
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Ingredion Incorporated
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 SAMYANG CORPORATION
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Apura Ingredients, Inc
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Nutra Food Ingredients
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 SAVANNA Ingredients GmbH
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 CheilJedang
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Bonumose, Inc.
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Matsutani Chemical Industry Co., Ltd.
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Word Index
LIST OF TABLES
Table 1. North America Allulose Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. US Allulose Market, by Type– Revenue and Forecast to 2028 (US$ Million)
Table 3. US Allulose Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. Mexico Allulose Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. Mexico Allulose Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 6. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Allulose Market Segmentation
Figure 2. North America Allulose Market Segmentation – By Country
Figure 3. North America Allulose Market Overview
Figure 4. North America Allulose Market: By Application
Figure 5. North America Allulose Market: By Country
Figure 6. Porter's Five Forces Analysis
Figure 7. Expert Opinion
Figure 8. Value Chain: Allulose
Figure 9. North America Allulose Market Impact Analysis of Drivers and Restraints
Figure 10. North America: Allulose Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. North America Allulose Market Revenue Share, By Type (2020 and 2028)
Figure 12. North America Liquid: Allulose Market – Revenue and Forecast To 2028 (US$ Million)
Figure 13. North America Powder and Crystals: Allulose Market – Revenue and Forecast To 2028 (US$ Million)
Figure 14. North America Allulose Market Revenue Share, By Application (2020 and 2028)
Figure 15. North America Food & Beverages: Allulose Market – Revenue and Forecast To 2028 (US$ Million)
Figure 16. North America Bakery & Confectionery: Allulose Market – Revenue and Forecast To 2028 (US$ Million)
Figure 17. North America Dairy & Frozen Desserts: Allulose Market – Revenue and Forecast To 2028 (US$ Million)
Figure 18. North America Beverages: Allulose Market – Revenue and Forecast To 2028 (US$ Million)
Figure 19. North America Others: Allulose Market – Revenue and Forecast To 2028 (US$ Million)
Figure 20. North America Others: Allulose Market – Revenue and Forecast To 2028 (US$ Million)
Figure 21. North America: Allulose Market, by Key Country – Revenue (2020) (US$ Million)
Figure 22. North America: Allulose Market Revenue Share, by Key Country (2020 and 2028)
Figure 23. US: Allulose Market –Revenue and Forecast to 2028 (US$ Million)
Figure 24. Mexico: Allulose Market –Revenue and Forecast to 2028 (US$ Million)
- 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
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America allulose market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the North America allulose market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the allulose market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution