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Allulose Market Size
- Report ID: GMI5115
- Published Date: Mar 2023
- Report Format: PDF
Allulose Market Size
Allulose Market size exceeded USD 90 million in 2022 and is anticipated to witness over 14.5% CAGR from 2023 to 2032, as a result of the increasing consumer shift towards health and low-calorie diets.
The last few decades have witnessed the increased prevalence of diseases related to excessive weight gain, type 2 diabetes, obesity, and hypertension. As per estimates from the World Health Organization (WHO), nearly 422 million people across the globe suffer from diabetes, with the majority residing in low- and middle-income nations. This rising penetration of diseases is set to support the spike in allulose market demand.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Allulose Market Size in 2022: | 90 Million (USD) |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 14.8% |
| 2032 Value Projection: | 370 Million (USD) |
| Historical Data for: | 2018 to 2021 |
| No. of Pages: | 213 |
| Tables, Charts & Figures: | 287 |
| Segments covered: | Product and Application |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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The robust growth of the allulose market is supported by favorable policies by regulatory bodies such as, the U.S. Food and Drug Administration (FDA) has approved the use of allulose as an ingredient in a variety of foods and nutrition supplements in the U.S. However, the use of allulose as a key food ingredient still awaits a regulatory approval in Europe. Thus, stringent regulations for the use of allulose as a food additive might hinder the market growth in Europe.
Frequently Asked Questions (FAQ) :
Allulose Market Scope
