Published Date: 28-Jul-2022
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According to a new report, published by KBV research, The Global Allulose Market size is expected to reach $294.6 million by 2028, rising at a market growth of 9.9% CAGR during the forecast period.
The Organic segment has shown growth rate of 11.8% during (2022 - 2028). The rising growth of the segment is attributed to the increased authenticity of this type of allulose. Organic allulose is harvested with a completely natural process, due to which, it is considered healthier. In addition, harms that can be caused due to the utilization of pesticides and fertilizers are entirely eliminated.
The Powder segment is leading the Global Allulose Market by Type in 2021, thereby, achieving a market value of $201.06 million by 2028. Powdered allulose products are the most popular form of allulose, which is propelling the growth of the segment. Yogurt, smoothies, along with other beverages benefit from powdered items. Low-calorie meals like yogurt, bakery goods, ice cream, and other low-calorie things that rely largely on powdered sugar may also include allulose.
The Dairy & Frozen Desserts segment is showcasing a CAGR of 10.3% during (2022 - 2028). The growth of this segment is accelerated due to the rapidly increasing health consciousness among consumers all over the world. Frozen desserts are often used as a substitute for conventional dairy sweets because they are manufactured without milk fat and simply frozen for later consumption.
The Asia Pacific market dominated the Global Allulose Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $118.03 Million by 2028. The North America market is estimated to witness a CAGR of 9.6% during (2022 - 2028). Additionally, The Europe market would experience a CAGR of 9.4% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/allulose-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
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