North America Allulose Market Size, Share & Industry Trends Analysis Report By Nature (Conventional and Organic), By Type (Powder, Liquid, and Crystal), By Application, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The North America Allulose Market would witness market growth of 9.6% CAGR during the forecast period (2022-2028).
Allulose is a naturally present sugar present in very low concentrations in plant foods. It can also be made commercially from corn or fructose. A number of people are no familiar with allulose, a relatively new typr of sweetener. Allulose has a low-calorie content by nature. It has approximately a tenth of the calories of table sugar and is about 70% as sweet as it. Allulose does not increase blood glucose levels and also does not promote the growth of cavity-causing bacteria in the mouth. The United States Food and Drug Administration has approved the use of allulose in meals and beverages. With this approval, allulose is being utilized in various industries.
The United States' health problem of obesity is one of the most important reasons for sustaining growth in the country. The obesity rate in the United States is high because people eat a lot of junk food, such as bread, sodas, and sugary beverages, which contributes to this problem. To address these widespread health problems, the USFDA (Food and Drug Administration) has approved allulose as a general-purpose sweetener in foods and beverages that would normally include sugar or fructose. With a satisfactory product, well-informed customers to drive the market, and a simple package format, manufacturers have greater scope and chance to analyze a big population by introducing variance in flavors.
According to the Center for Disease Control and Prevention, the obesity prevalence in the United States was 41.9% from 2017 to March 2020. Obesity prevalence in the United States climbed from 30.5 % in 1999 to 41.9 % in 2017–March 2020. The prevalence of severe obesity increased from 4.7% to 9.2% within the same time period. Heart disease, type 2 diabetes, stroke, and certain types of cancer are linked to obesity.
The US market dominated the North America Allulose Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $55,280 Thousands by 2028. The Canada market is estimated to grow at a CAGR of 12.1% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 11.1% during (2022 - 2028).
Based on Nature, the market is segmented into Conventional and Organic. Based on Type, the market is segmented into Powder, Liquid, and Crystal. Based on Application, the market is segmented into Bakery & Confectionery, Food, Dairy & Frozen Desserts, Sauces & Dressings, Beverages, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Allulose Market is Estimated to reach $294.6 Million by 2028, at a CAGR of 9.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Ingredion, Incorporated, Tate & Lyle PLC, Johnson & Johnson (McNeil Nutritionals, LLC), CJ CheilJedang Corporation, Cargill Corporation, Quest Nutrition LLC (Atkins Nutritionals Holdings, Inc.), Anderson Global Group, LLC, Apura Ingredients, Inc., Matsutani Chemical Industry Co., Ltd., and Bonumose, Inc.
Scope of the Study
Market Segments Covered in the Report:
- Bakery & Confectionery
- Dairy & Frozen Desserts
- Sauces & Dressings
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Ingredion, Incorporated
- Tate & Lyle PLC
- Johnson & Johnson (McNeil Nutritionals, LLC)
- CJ CheilJedang Corporation
- Cargill Corporation
- Quest Nutrition LLC (Atkins Nutritionals Holdings, Inc.)
- Anderson Global Group, LLC
- Apura Ingredients, Inc.
- Matsutani Chemical Industry Co., Ltd.
- Bonumose, Inc.
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