The isomaltulose market was predicted to reach USD 1.1 Billion in 2022. Sales are predicted to reach USD 2.01 Billion by 2033, with a CAGR of 5.62% from 2023 to 2033, as a result of consumer preference for natural and healthy components.
The need for non-cariogenic sugars is expanding the isomaltulose market globally, especially in the food and beverage and healthcare sectors. Isomaltulose is classified as a non-cariogenic sugar because oral bacteria cannot break it down, reducing the risk of caries and mouth cancer. In response to the rising demand for food items containing non-cariogenic sugar, manufacturers have successfully created a variety of products, like yogurt, chocolates, bakery goods, energy drinks, and many more. The worldwide isomaltulose market is expanding as a result of rising demand from athletes for nutrient-dense, low-calorie food items.
Isomaltulose has several positive health effects. While isomaltulose can be absorbed slowly, it mimics sucrose. The market for the same is expected to rise as people become more aware of the negative impact isomaltulose has on human health. This sugar alternative may help diabetic people since it lowers blood triglyceride levels. Additionally, isomaltulose boosts immunity and aids in the body’s ability to retain glucose for longer periods of time and in a more balanced manner. There will likely be a rise in demand for isomaltulose as people become more aware of its health advantages.
Key Takeaways:
- The global market for Isomaltulose is expected to be valued at US$ 2.01 Billion by 2023.
- Isomaltulose sales increased at a 4.7% CAGR between 2018 and 2022, according to FMI’s study.
- In terms of value, the food grade is anticipated to command a 94% market share in 2023.
- In terms of value, the ingredients segment is anticipated to command a 23.5% market share in 2023 and is projected to expand at a 5.4% CAGR during the forecast period.
- The isomaltulose market in the United States is one of the largest, growing at a CAGR of 5.9% over the anticipated period.
- The market in India is anticipated to expand at a significant CAGR of 6.5%, which is higher than that of the other South and East Asian nations.
“The worldwide isomaltulose market is expanding as a result of rising demand from fitness enthusiasts for nutrient-dense, low-calorie food items,” – remarks an FMI analyst.
Competitive Landscape:
Prominent players are:
- Cargill Inc
- Anhui Elite Industrial Co., Ltd
- Merck KGaA
- Now Foods
- BENEO GmbH
- ErgoNutrition
- Qingdao Oriental Tongxiang International Trading Co., Ltd
- Borger GmbH
- Frusano GmbH
- Gerfro
Some key developments of the leading companies in this market are:
- In 2023, BASF and Cargill intend to broaden their partnership so that they may offer American manufacturers of animal proteins high-performance enzyme products. The two companies are committed to bringing innovative enzyme-based products to market and bringing special value to the animal feed sector.
- Cargill plans to expand and modernize its Global Animal Nutrition Innovation Center in Elk River, just 30 minutes from its global headquarters, by 2022 to assist clients respond more quickly in this changing climate. The company’s global network of 15 nutritional research and development facilities, which additionally includes a facility in Velddriel, the Netherlands, and the soon-to-be-opened Changrong R&D center in China, is led by the Elk River factory.
More Valuable Insights Available:
Future Market Insights offers an unbiased analysis of the global isomaltulose market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.
To understand opportunities in the isomaltulose market, the market is segmented on the basis of isomaltulose by grade (food grade isomaltulose, pharma grade isomaltulose), end use (confectionery, bakery products, breakfast cereals and bars, dairy products, frozen desserts, beverages, fluoridated salt, table top/ spoon-for-spoon sweeteners, supplements and otc medicine, ingredients) and across five major regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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