Global Allulose Market Size is Estimated to Reach $54 Million in 2023

Allulose (CAS 551-68-8) is an epimer of fructose. It is a monosaccharide that exists in nature but is rarely present, so it is also known as a rare sugar. Alonose is a low-calorie, high-sweetness sugar substitute that has a sweet taste and tastes similar to sucrose (about 70% sweetness), but with much lower calories than sucrose, only one-tenth of sucrose. Compared to other sugar substitutes, allulose has higher stability and can maintain stability in high and low-temperature environments, making it suitable for use in various foods and beverages. In addition, allulose also has antioxidant effects, which can help reduce the impact of free radicals on the body.

Global Alloketose Segmentation Market Analysis

At present, there are two types of allulose on the market: liquid form and powder form. Among them, the powder-form allulose has a larger market. According to our research data, the global powder-form allulose segment market size is estimated to reach $35 million in 2023, with an estimated market share of 64.81%.
From the perspective of downstream applications, allulose is widely used in the production and manufacturing of candy, dairy products, beverages, and other products. Among them, the beverage industry is the largest downstream application market for allulose. Data shows that the application scale of allulose in the beverage market is estimated to reach $27 million in 2023, and the market share is expected to reach 35.53%.

Global Allulose(CAS 551-68-8) Market Size Forecast and Market Segmentation Analysis  

Global Allulose(CAS 551-68-8) Market Size Forecast and Market Segmentation Analysis

Source: www.globalmarketmonitor.com
Overview of the Global Allulose Market And Analysis of its Competitive Landscape
Based on our research data, the total global market size of allulose is expected to reach $54 million in 2023. Compared with commonly used sugars such as sucrose, fructose, and maltose, the market for allulose is relatively small, mainly because many consumers are not familiar with allulose and have low market awareness. Therefore, in the process of promoting allulose, it is necessary to increase publicity efforts and increase consumer awareness of the product.
From the perspective of market competition patterns, the concentration of the global allulose market is extremely high. Data shows that in 2020, the total production of allulose by the top 3 enterprises in the industry reached 1599.3 tons, with a total production value of $29 million, accounting for 80.76% of the global total production value. The top 3 companies were Matsutani Chemical, Tate&Lyle, and CJ CheilJedang. In 2020, the three companies accounted for 35.83%, 25.53%, and 19.40% of the global market, respectively.
Allulose Production, Production Value, and Share of Main Enterprises in 2020

Enterprises

Production (Tons)

Production Value (Million USD)

Share

Matsutani Chemical

701.7

13

35.83%

Tate & Lyle

471.8

9

25.53%

CJ CheilJedang

425.8

7

19.40%

Top3

1599.3

29

80.76%

Source: www.globalmarketmonitor.com

For more information, please click:《2023 Global Allulose Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast》.

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