A Comprehensive Analysis of Isomalt in Korea from 2023 to 2033
The isomalt industry is projected to escalate from its 2023 valuation of USD 7.79 million to USD 12.28 million by 2033. From 2023 to 2033, isomalt sales in Korea are expected to expand at a 4.7% CAGR.
The isomalt sector growth is driven by advancing consumer awareness of the health risks associated with excessive sugar consumption and increasing demand for low-calorie sweeteners. The emergence of sugar substitutes at comparable costs hinders the market expansion of isomalt in Korea. The growing customer inclination toward alternative products challenges the isomalt industry in Korea.
| Attributes |
Details |
| Demand Analysis (2023) |
USD 7.79 million |
| Demand Forecast (2033) |
USD 12.28 million |
| CAGR Estimation (2023 to 2033) |
4.7% |
Influential Factors Escalating Isomalt Adoption in the Korean Market
- Growing customer consciousness regarding health and well-being may fuel isomalt demand, mainly if it is marketed as a more healthful substitute for conventional sweeteners.
- The sales of isomalt are impacted by modifications to laws governing food and drink ingredients, especially those that restrict the amount of sugar consumed.
- Customers' preferences from Korea are necessary. Isomalt demand in Korea can increase if consumers' interest in sugar-free or low-calorie products grows.
- A significant factor influencing the isomalt industry is the degree to which Korean food and beverage producers incorporate isomalt into their products. Market expansion of isomalt in Korea may be fueled by innovations in product formulations made in response to customer needs.
Explore FMI!
Book a free demo
Hurdles Confronting the Isomalt Industry in Korea
- Consumers' awareness and adoption of isomalt are the primary sources of market restraints in Korea. Its broad use is hampered by the lack of knowledge surrounding isomalt as a sugar replacement.
- The growth of the isomalt industry in Korea is deterred by cultural preferences for traditional sweeteners and a heavy reliance on traditional sugars. Another obstacle for isomalt in Korea is the strict regulations and guidelines regarding sugar substitutes.
- The growth of the isomalt sector in Korea is impeded by the high cost of producing isomalt and its restricted availability in some areas. To improve opportunities for isomalt sales in Korea, overcoming such obstacles requires coordinated efforts in consumer education, regulatory advocacy, and cost barrier resolution.
Category-wise Insights
A thorough segmentation analysis of isomalt in Korea is included in this section. The producers of isomalt are closely monitoring market trends and the expanding demand in the conventional segment. Similarly, the powder segment tops the form category.
Conventional Isomalt Segment Leads in Korea’s Market
- Conventional isomalt wins out over organic alternatives in the Korean market by consumers who prefer familiar products.
- Conventional isomalt leads sales due to its well-established supply chains and production methods.
- Obstacles related to certification and regulatory compliance prevent organic isomalt from being widely adopted to support the sales of conventional segments.
| Segment |
Conventional |
| Industry Share in 2023 |
91.3% |
- It is vital to consider price sensitivity, as conventional isomalt is more affordable than organic isomalt.
- Market leadership in the conventional segment is partly due to low awareness and demand for organic options.
- The preferred option for both manufacturers and consumers are conventional isomalt due to its consistent quality and stability of formulation.
Isomalt Sales in Korea Skyrocket in the Powder Form Segment
- Customers looking for longer usability can find powder form appealing because it is easier to store and has a longer shelf life.
- Isomalt powder's increased adaptability makes it easier to measure precisely and meets various food and confectionery recipe needs.
- Preferred for home and commercial applications, powdered isomalt's precise dosage and ease of handling make it a great option.
| Segment |
Powder |
| Industry Share in 2023 |
77.6% |
- The powder format ensures consistent product quality and uniform distribution by facilitating efficient blending into various recipes.
- As isomalt powder is versatile, it can be used in various production processes and formulations to meet the demand of isomalt manufacturers.
- Isomalt powder leads the market because consumers prefer to use it minimally and safely in culinary applications.
Competitive Landscape
With an emphasis on innovation, strategic alliances, and market expansion, leading isomalt manufacturers in Korea strive fiercely. Significant producers of isomalt in Korea are using extensive marketing strategies and creating a wide range of applications to compete for industry share.
The competitive landscape is significantly shaped by sustainable production techniques and regulatory compliance. The isomalt vendors in Korea are spending on research and development to stay ahead in this fast-paced, constantly evolving market as consumer demand for sugar substitutes increases.
Prominent Market Players of Isomalt in Korea
- Palatinit (Südzucker Group)
- Roquette
- Cargill
- Beneo
- Ingredion
- JK Sucralose Inc.
Essential Developments of Isomalt Manufacturers in Korea
Beneo
- Isomaltulose SYRUP is the name of a new Isomalt product line that Beneo introduced in 2021. This liquid sweetener, made from isomalt, is meant to be used in drinks and other fluid applications.
Cargill
- Cargill debuted a new high-purity isomalt product, in 2021. This product is designed to satisfy the food and beverage industry's increasing need for low-calorie, low-glycemic-index sweeteners.
- Cargill introduced the ViaTechTM brand of Isomalt products in 2020. Various products in this line are intended to provide the same sweetness as sugar but with fewer calories and a lower glycemic index.
Roquette Frères S.A.
- The acquisition of Itacel, a Brazilian company specializing in plant-based ingredients, was announced by Roquette Frères S.A. in 2020. The acquisition aimed to increase Roquette's product offerings, particularly its Isomalt product line, in the food and beverage industry.
- Roquette Frères S.A. introduced the SweetPearl® brand of isomalt products in 2019. These products are intended for confectionery and other food applications and are marketed as a healthier substitute for sugar.
Ingredion
- The new SWEETABULARY® Edge line of isomaltulose-based sweeteners was introduced by Ingredion Incorporated in 2019. Due to their slow rate of digestion and low glycemic index, these sweeteners are promoted as healthier substitutes for sugar.
Scope of the Report
| Attribute |
Details |
| Estimated Valuation (2023) |
USD 7.79 million |
| Projected Valuation (2033) |
USD 12.28 million |
| Anticipated CAGR (2023 to 2033) |
4.7% |
| Historical Analysis of Isomalt in Korea |
2018 to 2022 |
| Demand Forecast for Isomalt in Korea |
2023 to 2033 |
| Quantitative Units |
Revenue in USD million and CAGR from 2023 to 2033 |
| Report Coverage |
Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Key Cities Analyzed while Studying Opportunities in Isomalt in Korea |
South Gyeongsang, North Jeolla, South Jeolla, Jeju |
| Key Companies Profiled |
Palatinit (Südzucker Group); Roquette; Cargill; Beneo; Ingredion; JK Sucralose Inc. |
Frequently Asked Questions
What Was the Value of the Sales of Isomalt in Korea in 2022?
The sales of isomalt in Korea were valued at USD 7.50 million in 2022.
How Big is the Korea Isomalt Industry?
The market value of isomalt in Korea is set to reach USD 7.79 million in 2023.
At What CAGR Can the Isomalt Demand in Korea Rise through 2033?
The demand for isomalt in Korea is anticipated to rise at 4.7% CAGR from 2023 to 2033.
What is the Expected Market Size for Isomalt in Korea by 2033?
The Korea market size for isomalt is set to reach USD 12.28 million by 2033.
Which Nature Segment to Lead the Isomalt Industry in Korea?
Conventional segment is expected to dominate the isomalt industry with a share of 91.3% from 2023 to 2033.
What was the Historical CAGR of Isomalt Sales in Korea from 2018 to 2022?
The HCAGR of sales of isomalt in Korea was 3.6% between 2018 and 2022.
