With a consistent 4.1% CAGR from 2022 to 2032, the rare sugar market is anticipated to surpass US$ 1.5 billion in 2022 and reach US$ 2.1 billion by 2032.
Because chronic diseases such as diabetes, high blood pressure, and cardiovascular disease are becoming more prevalent, the global population prefers low-calorie sweeteners. Allulose, a rare sugar, is now often used as a sweetener in bakeries, dairy products, confections, therapeutic meals, and other food and beverage industries.
The rare sugar market is rising as health-conscious consumers look for healthier alternatives to traditional sweeteners. Rare sugars such as allulose and tagatose give low-calorie sweetness while preventing blood sugar rises. Unusual sugars have gained in popularity because to their natural sources and potential health benefits, and they are now found in a wider range of food and beverage products.
Low-calorie sweeteners include D-tagatose, allulose, and other natural sweeteners. In the food business, these sweeteners are taking the place of table sugar. Consequently, it is expected that between 2022 and 2032, the rare sugar market would experience significant expansion.
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Rare Sugar Market: Key Drivers and Opportunities
During the onset of the COVID-19 pandemic, the entire world realized the importance of health and wellness. This aspect led to the growth of the rare sugar market owing to the rise in popularity of healthy food and beverage among the global populace. Furthermore, the increase in the sales of dietary supplements, food, beverage, pharmaceuticals, and others during the pandemic eventually may bring significant growth to the rare sugar market. During the lockdowns, other businesses got affected but the food industry and pharmaceutical sector were under the essential category so the supply of food and pharmaceuticals was smooth. These factors proved to be growth boosters for the rare sugar market.
The escalating use of D-mannose in pharmaceuticals is due to the presence of glycosylation in it which aids in ameliorating symptoms of urinary infections. Additionally, the rare sugar solutions are nutritious and low-calorie supplements to improve metabolism and the overall health may bring multiple growth opportunities for the rare sugar market during the forecast period.
The rising demand for natural cosmetics has led to the penetration of rare sugar into the cosmetic industry. The rare sugar solutions act as skin conditioners and preservatives. In addition, the awareness among the consumers regarding the ingredients present in the products is likely to boost the growth of the rare sugar market.
Key Players in the Rare Sugar Market
- Douglas Laboratories
- DuPont de Nemours Inc.
- Naturesupplies
- Sweet Cures
- Hebei Huaxu
- ASTRAEA Allulose
- Specom Biochemical
- Sanwa Starch
- Tate & Lyle
- Matsutami Chemical industry
- Other
Recent Developments in Rare Sugar Market
- Tate & Lyle and Codexis Inc have extended and strengthened their partnership in order to improve the manufacturing of two of Tate & Lyle’s newest sweeteners, TASTEVA® M Stevia and DOLCIA PRIMA® Allulose Sweetener, in January 2021. Codexis Inc is a major protein engineering and high-performance enzyme developer.
- Samyang Corporation, a South Korean food company, formed a consortium in December 2021 with multinational ingredient provider Ingredion Inc., sugar beet specialist Cosun Beet Co., and major specialty starch and fibre producer Matsutani Chemical Industry Co., Ltd. to seek approval for the use of allulose as a food ingredient in the United Kingdom and Europe.
Rare Sugar Market by Category
By Product, Rare Sugar Market is Segmented as:
- D-Mannose
- Allulose
- Tagatose
- D-Xylose
- L-Arabinose
- L-Fucose
By Application, Rare Sugar Market is Segmented as:
- Dietary Supplements
- Cosmetics & Personal Care
- Pharmaceuticals
- Food & Beverages
By Region, Rare sugar Market is Segmented as:
- North America
- Latin America
- Europe
- Asia Pacific
- Oceania
- MEA
Frequently Asked Questions
- What is the Growth Outlook for Rare Sugar Market?
- What is the North America Rare Sugar Market Outlook?
- What is the Anticipated Growth Rate of Rare Sugar Market in Asia Pacific?
- What Are the Key Trends Shaping the Rare Sugar Market?
- What is the Growth Rate of Rare Sugar Demand in Dietary Supplement Market?
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