Allulose Market Analysis

Allulose Market Analysis

The allulose market from the food application segment is estimated to reach USD 18 million by 2032. The largest consumption of allulose is recorded by the bakery and confectionery industry owing to the increasing demand for healthy and low-calorie product demand.
 

The swelling popularity of ice creams across the world will assist the consumption of allulose as a non-artificial sweetening ingredient to offer taste and texture of sugar devoid of the calories. Allulose is also used as a table-top sweetener, in dairy & frozen desserts, sauces & dressings, and ice creams & desserts. Liquid forms of allulose are increasingly used in the dairy and frozen desserts industry as they offer a sweeter taste to the items without the addition of sugar.
 

The allulose market from the powder segment accounted for USD 43 million revenue in 2022 and is expected to grow at 14.5% CAGR during the forecast period, attributed its use as a replacement of powdered sugar and wide usage in sauce, frosting, glaze, dressing & sprinkling activities attributed to its fast dissolvability.  Powdered allulose is also used in beverages as a sweeter option and to offer browning, bulking, and freeze-point depression properties.
 

The demand for powdered allulose in bakery and confectionery products is also likely to flourish in the near future. This growth is due to the increasing consumer inclination toward low-calorie sweeteners has made way for the higher need for innovations for reducing sugar and maintaining great taste. Since this form of allulose is a perfect replacement of powdered sugar given its similar consistencies, it has attracted the attention of numerous health-conscious consumers.
 

Asia Pacific allulose market size is projected to surpass USD 135 million by 2032 growing at 14.5% CAGR through 2032. The swiftly rising healthcare awareness among consumers in the region has led to the paradigm shift to nutritional diets and improving dietary patterns.
 

India is the second-largest wheat-producing country in the world, and as allulose is generated from wheat, it is one of the most important producers and consumers of the product in Asia Pacific. Growing utilization of allulose in bakery & confectionery food products, such as biscuits, cookies, low-calorie cakes, and other items in the region is likely to boost the product uptake.