Allulose Market

Allulose Market Outlook for 2024 to 2034

The allulose market size is estimated at USD 256.25 million in 2024. FMI projects the market to develop at 8.9% CAGR between 2024 and 2034, reaching a valuation of USD 598.61 million by 2034.

Industry Growth Factors for Allulose

• With the prevalence of obesity and diabetes among consumers, there is increased demand for low-calorie, sugarless, or allulose-based food and beverage items to help customers maintain a healthy diet.
• Consumers shifting towards preventative healthcare practices is fueling market growth.

Report Attribute	Details
Allulose Market Size (2024)	USD 256.25 million
Market Anticipated Forecast Value (2034)	USD 598.61 million
Market Projected Growth Rate (2024 to 2034)	8.9% CAGR

Demand for Allulose in Recent Years Contrasted with Future Outlook

The market was valued at USD 175.86 million in 2019. Total sales revenue increased at a CAGR of 8.23% between 2019 and 2023. Various initiatives were undertaken by the government and international organizations after the Covid-19 outbreak to encourage more use of sugar substitutes.

For instance, the Healthy Living Alliance (HEALA) worked to build a healthy environment by encouraging people in South Africa to make healthy food and lifestyle choices. Such initiatives presented a lucrative scope for producers driving innovation in allulose products during this period.

Attributes	Details
Global Allulose Market Value (2019)	USD 175.86 million
Market Historical Growth Rate (CAGR 2019 to 2023)	8.23% CAGR

Prominent Factors Fuelling the Growth of the Allulose Market

The detoxification trend that is gaining traction is a key factor driving sales. The increasing clinical utility of the item due to its antioxidant properties has led to its inclusion in the treatment of deteriorating diseases including cardiovascular ailments. Customers want better products with less sugar, so the natural-everything food movement is leveraging this trend to its advantage.

Owing to its detoxification and anti-oxidation traits, applications of the product are increasing in the pharmaceutical industry as sector players seek more opportunities to formulate more tonics. It can also be utilized in several cough syrups and vitamin supplements to maintain the sweetness, thus infesting more demand for the product.

Athletes need to manage their weight therefore they always prefer low-calorie sugar and the product is the perfect source of satisfying their sugar cravings with no weight gain. Dieticians suggesting diabetes patients to make the low-calorie sugar a part of their daily dietary intake, is also seeing demand inflate for the product.

Country-wise Insights

Regional Market Comparison	CAGR (2024 to 2034)
United States	5.4%
Germany	4.9%
China	7.1%
Japan	7.9%
India	7.2%

With Great Number of Consumers Turning Health Consciousness, the United States is Lucrative for the Allulose Industry

The United States is set to remain a profitable market throughout the forecast period by following a CAGR of 5.4%. The country has a sizable market for frozen food items and ready-to-eat meals have long been popular among Americans.

Obesity is on the rise, which has boosted the need for innovative high-end health and fitness frozen food. Therefore, to overcome this health disorder the USFDA (Food and Drug Administration) has approved the product as a general-purpose sweetener in foods and beverages where sugar or fructose would usually be used.

Consumers' hectic lifestyles, as well as an increase in the number of working women, are also important factors driving market expansion.

Impact of Regulatory Changes on the Cellulose Market in Germany

Market demand for allulose in Germany is likely to expand at a below-average rate of 4.9% between 2024 and 2034. New manufacturing companies are set to come to Germany but it is likely to take time as the sweetener needs to be approved as a Novel Food by the European Commission. To increase their consumer base, manufacturers have filed a petition for approval for marketing the product in Europe.

Well-developed Agriculture Sector Supports the Market in China

The Chinese industry is set to create sizable revenue throughout the projected period by advancing with a 7.1% CAGR. China is seeing rapid urbanization, large increases in household wealth, and changes in consumer lifestyle and nutrition resulting in the expansion of the bakery sector.

Higher production of wheat as well as increasing establishment of food processing industries are propelling market growth in the country. In terms of diet variety, and free trade policies in the food sector, the Chinese market is particularly dynamic, which is driving market research on allulose health benefits.

Japanese Manufacturers Trying to Gain Market Access in the Whole Asia Pacific

Japan is projected to exhibit impressive growth in the industry over the forecast period with an estimated CAGR of 7.9%. The country is likely to register increasing demand for organic ingredients.

Rising awareness regarding health and wellness is set to continue driving the market perception of allulose’s taste and texture in Southeast Asia and Pacific countries. Moreover, market penetration strategies for allulose products are easier as Asian people are preferring vegan diets more and are shifting towards plant-based food items.

Indians are Responding Well to the Plant-based or Derived Sweetener

Consumption of allulose is slated to increase at a promising growth rate of 7.2% over the next ten years in India. Allulose-based ingredients are being widely used in bakery and confectionery products in India as a natural sweetener following demand from consumers.

Rising health awareness among consumers and growing demand for organic products has transformed the regional market in the last few years. Regional players are aiming at capitalizing on the market share of allulose brands currently operating in the country.

Category-wise Insights

Powder Allulose is the Preferred Form of the Product

Attributes	Details
Top Form Type or Segment	Powder
Total Market Share in 2024	87.5%

Based on the form type, the powdered form is expected to dominate the market by contributing to 87.5% of sales in 2024. Powder is extremely popular as the dried version finds its primary application in the food sector due to its superior handling capabilities in food applications.

Improved moisture content, better water absorption, and product softness are boosting powder demand in the bakery sector. Powdered products go well with yogurt, smoothies, and other drinks as well.

Higher Investments by Food Industries to Create Lucrative Growth Opportunities

Attributes	Details
Top End Use Application Type or Segment	Food
Total Market Share in 2024	56.5%

Based on end-use application, the food industry is the leading end-user with an estimated market share of 56.5% in 2024. The food industry has strong growth potential which can render the product a prominent position in the food processing sector.

As people's lifestyles change, so does their consumption of fast-food items including snacks and confectionery goods. Use of the product in the manufacture of bread, pastries, rolls, cakes, and other bakery goods, is stimulating the use of the product in the food segment.

Competitive Landscape in Allulose Market

Since the overall market is highly fragmented, there are chances for small and mid-sized businesses to participate in it. Due to the limited presence of the diverse businesses that control the industry, stakeholders intend to invest and develop their businesses with the help of innovation.

As a result, small and medium-sized firms (SMEs) have the potential to benefit from premium-priced goods. Furthermore, numerous local businesses are becoming entirely dedicated to the manufacture and selling of such sugar substitute products.

Recent Developments in the Allulose Market

• Driven by changing the behavior of consumers, market players are focusing on product launches. For instance, in 2020, a leading manufacturer in the United Kingdom, Tate & Lyle, launched two new products called Tasteva M Stevia Sweetener and Dolcia Prima allulose, supporting the purpose of improving lives for generations by offering healthier food and drink choices to their consumers.
• In March 2024, Scotty's Everyday, based in the United States, announced the release of their new Allulose & Monk Fruit Zero Calorie Sugar Replacement into the market. This sweetener blend is a well-known brand in gluten-free, zero-sugar, and no-nut-flour baking mixes, utilized in many products.
• It was announced in October 2023 that scientists at the University of California, in collaboration with the Mars Advanced Research Institute had developed a more efficient way of producing allulose, with the effect of lessening production costs.

Key Coverage in the Allulose Market Report

• Adjacent study on allulose sugar and syrup market
• Market analysis of allulose distribution channels
• Local trends impacting consumer preference for allulose in the market
• Impact of allulose side effects on the overall business
• Alluose market value share and size analysis

Allulose Market Report Scope

Attribute	Details
Estimated Market Size (2024)	USD 256.25 million
Projected Market Size (2034)	USD 598.61 million
Anticipated Growth Rate (2024 to 2034)	8.9%
Forecast Period	2024 to 2034
Historical Data Available for	2019 to 2023
Market Analysis	USD million or billion for Value and Units for Volume
Key Regions Covered	North America, Latin America, Europe, Middle East & Africa (MEA), East Asia, South Asia and Oceania
Key Countries Covered	United States, Canada, Brazil, Mexico, Germany, Spain, Italy, France, United Kingdom, Russia, China, India, Australia & New Zealand, GCC Countries, and South Africa
Key Segments Covered	By Form, By End Use Application, and By Region
Key Companies Profiled	Matsutani Chemical Industry Co. Ltd; Tate & Lyle PLC; CJ Cheil Jedang; Bonumose LLC- At a Glance; Cargill Inc; Ingredion Incorporated; Samyang Corporation; Anderson Global Group; Eat Just Inc.; Wellversed
Report Coverage	Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing	Available upon Request

Key Segments Covered by Allulose Industry Survey Report

By Form Type:

• Powder
• Liquid
• Crystals

By End Use Applications:

• Food
  • Bakery Products
  • Confectionery
  • Dairy Products
  • Sweet Spreads
  • Ice Creams and Desserts
• Beverages
  • Carbonated Beverages
  • Fruit Drinks & Juice
  • Powdered Drinks and Mixes
• Pharmaceuticals
• Food Service Providers
• Retail or Households
• Store-based Retailing
  • Hypermarkets or Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Independent Small Groceries
  • Online Retailing

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia and Pacific
• Middle East and Africa (MEA)

Frequently Asked Questions

How Big is the Allulose Market Currently?

The market is estimated to be around USD 256.25 million in 2024.

What is the Growth Outlook of the Allulose Market?

The market is set to rise at 8.9% CAGR during the forecast period.

What is the Projected Allulose Market Value by 2034?

The market is predicted to be valued at USD 598.61 million by 2034.

What was the Historical Size of the Market?

The market was valued at USD 175.86 million in 2019.

Which Country has High Growth Potential in the Market?

Japan is predicted to witness a CAGR of 7.9% in sales through 2034.