The total sales of isomalt in Japan are estimated to generate revenue of around USD 44.45 million in 2023. The consumption of isomalt in the whole of Japan is likely to rise at a 5.0% CAGR through 2033. By the end of 2033, the isomalt industry in Japan is projected to reach a valuation of USD 72.74 million.
Key Insights on the Isomalt Sector of Japan
Attributes | Details |
---|---|
Industry Size of Japan in 2023 | USD 44.45 million |
Expected Industry Size of Japan by 2033 | USD 72.74 million |
Forecasted CAGR between 2023 to 2033 | 5.0% |
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The demand for sweeteners with a low glycemic index in Japan is growing due to the rising percentage of diabetic patients in the country. Additionally, a noticeable shift in demographics toward the elderly age group is anticipated to further popularize low-GI sweeteners, including isomalt, in the coming days.
The increasing demand for isomalt as an alternative to sugar in confectionery items may be attributed to its minimal aftereffect compared to regular sugar. Confectioneries with isomalt are more popular among obese people who follow a strict diet but don't want to sacrifice taste.
Isomalt usage is also growing in Japan as the product is receiving higher recommendations from healthcare professionals, especially dentists. Because isomalt can't be easily metabolized by bacteria in the mouth, it doesn't promote tooth decay and maintains oral cleanliness.
As per our findings, the powder isomalt segment could contribute to 79.2% of total sales in Japan in 2023.
Isomalt Sales in Japan based on Form | Powder Isomalt |
---|---|
Total Share (2023) | 79.2% |
Surging retail sales of isomalt in Japan are expected to drive the demand for isomalt in powder form since it is easier to carry and store. However, the commercial and pharmaceutical application sectors are poised to continue using isomalt in liquid form as it is easy to mix.
The demand for conventional isomalt is estimated to capture around 93.4% of the total sales in Japan in 2023.
Isomalt Sales in Japan based on Nature | Conventional Isomalt |
---|---|
Total Share (2023) | 93.4% |
Currently, the sales of isomalt obtained from conventional farming methods are higher, owing to its low price and greater use in commercial sectors. However, there could be an increase in demand for organic isomalt as an ingredient, as environmentally-conscious customers are expected to look for ethical alternatives to traditional food items.
Though the isomalt production sector in Japan began in the 1980s, the competitive landscape is still consolidated in the hands of a few regional suppliers. Product development by research institutes and innovations in production methods have the potential to encourage regional manufacturers to enter the isomalt sector in Japan.
Industrial interest in isomalt is also expected to rise further as the Japanese government is implementing programs to encourage better eating habits. Moreover, federal support to establish more pharmaceutical industries is also expected to increase the count of isomalt suppliers in the country.
Recent Developments in Isomalt in Japan
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Attribute | Details |
---|---|
Estimated Industry Size in 2023 | USD 44.45 million |
Projected Industry Size by 2033 | USD 72.74 million |
Anticipated CAGR between 2023 to 2033 | 5.0% CAGR |
Historical Analysis of Demand for Isomalt in Japan | 2018 to 2022 |
Demand Forecast for Isomalt in Japan | 2023 to 2033 |
Report Coverage | Industry Size, Industry Trends, Analysis of key factors influencing Isomalt sales in Japan, Insights on Global Players and their Industry Strategy in Japan , Ecosystem Analysis of Local and Japan Providers |
Key Cities Analyzed while Studying Opportunities in Isomalt in Japan | Kanto, Chubu, Kinki, Kyushu & Okinawa, Tohoku, Rest of Japan |
Key Companies Profiled | Cargill Japan; Beneo Japan; Tate & Lyle Japan; Sanyo Chemical Industries; Kyowa Hakko Kogyo Co., Ltd.; Nippon Suisan Kaisha; Ajinomoto Co., Inc.; Mitsui Sugar Co., Ltd.; Nippon Beet Sugar Manufacturing Co., Ltd.; Hokkaido Sugar Co., Ltd. |
The anticipated CAGR for isomalt sales in Japan through 2033 is 5.0%.
Demand for isomalt in Japan is likely to be around USD 72.74 million by 2033.
Isomalt sellers in Japan are marketing over online platforms to boost sales.
The conventional isomalt leads with 93.4% revenue share in 2023.
Powder isomalt segment creates 79.2% of the overall demand in Japan.
Expected Base Year Value (2023) | USD 17.13 billion |
---|---|
Anticipated Forecast Value (2033) | USD 28.57 billion |
Estimated Growth (2023 to 2033) | 5.2% CAGR |
Expected Market Value (2023) | USD 1.16 billion |
---|---|
Projected Forecast Value (2033) | USD 2.01 billion |
Anticipated CAGR (2023 to 2033) | 5.62% |
Expected Market Value (2023) | USD 1,054 million |
---|---|
Projected Forecast Value (2033) | USD 1,896.7 million |
Anticipated CAGR (2023 to 2033) | 6% |
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