Rare Sugar Market Trends and Opportunities Report by Forecast to 2032
The rare sugar market is expected to exceed US$ 1.5 billion in 2022 and reach US$ 2.1 billion by 2032, with a steady 4.1 percent CAGR between 2022 and 2032.
The global population is showing an inclination towards low-calorie sweeteners owing to the rise in chronic disorders such as diabetes, blood pressure, and cardiovascular diseases. The food and beverage sector has adopted the use of rare sugar such as allulose as sweeteners in bakery, dairy food, confectionery, therapeutic food, and others.
D-tagatose, allulose, and other natural sweeteners serve as low-calorie sweeteners. These sweeteners are replacing table sugar in the food industry. Hence, the rare sugar market is anticipated to show significant growth during the forecast period of 2022 and 2032.
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Rare Sugar Market: Key Drivers and Opportunities
During the onset of the COVID-19 pandemic, the entire world realized the importance of health and wellness. This aspect led to the growth of the rare sugar market owing to the rise in popularity of healthy food and beverage among the global populace. Furthermore, the increase in the sales of dietary supplements, food, beverage, pharmaceuticals, and others during the pandemic eventually may bring significant growth to the rare sugar market. During the lockdowns, other businesses got affected but the food industry and pharmaceutical sector were under the essential category so the supply of the food and pharmaceuticals was smooth. These factors proved to be growth boosters for the rare sugar market.
The escalating use of D-mannose in pharmaceuticals is due to the presence of glycosylation in it which aids in ameliorating symptoms of urinary infections. Additionally, the rare sugar solutions are nutritious and low-calorie supplements to improve metabolism and the overall health may bring multiple growth opportunities for the rare sugar market during the forecast period.
The rising demand for natural cosmetics has led to the penetration of rare sugar into the cosmetic industry. The rare sugar solutions act as skin conditioners and preservatives. In addition, the awareness among the consumers regarding the ingredients present in the products is likely to boost the growth of the rare sugar market.
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Key Players in the Rare Sugar Market
Recent Developments in Rare Sugar Market
Rare Sugar Market by Category
By Product, Rare Sugar Market is Segmented as:
By Application, Rare Sugar Market is Segmented as:
By Region, Rare sugar Market is Segmented as:
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Aug 17, 2022