Market Research Report
Rare Sugar Market Size By Product, By Application, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026
|Published by||Global Market Insights Inc.||Product code||973254|
|Published||Content info||175 Pages
Delivery time: 2-3 business days
|Rare Sugar Market Size By Product, By Application, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026|
|Published: November 10, 2020||Content info: 175 Pages||
Rare Sugar Market Size By Product (D-Mannose, Allulose, Tagatose, D-Xylose, L-Arabinose, L-Fucose), By Application (Dietary Supplements, Cosmetics & Personal Care, Pharmaceuticals, Food & Beverages), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026 .
The global rare sugar market is increasingly gaining prominence and is slated to witness expansion over the next few years, driven by an increasing demand for safe and effective sugar alternatives. One of the major factors driving the popularity of rare sugars is increased awareness regarding their health benefits among the diabetic and obese population.
They are not only sweet but are known to lower and maintain healthy blood pressure and blood sugar levels. Studies have also shown that these sugars can lower the risk of hypertension and formation of clots inside the arteries by reducing the production of low density lipoproteins (LDL).
Allulose, tagatose, d-mannose, l-arabinose, d-xylose, and l-fucose are among the different varieties of rare sugars available in the market. These sugars serve as an excellent sugar substitute and have a very low calorific value. On account of their sweet taste and lower side effects, they also serve as a suitable alternative to synthetic sweeteners and sucrose.
In addition, most of these sugars are of microbe, plant, or animal origin, and thus have a low risk of causing health problems. Many rare sugars have received generally regarded as safe (GRAS) status from regulatory authorities such as the U.S. FDA. All of these rare sugars bring similar functionality as sugar in applications including freeze point depression for ice creams and browning for baked foods. They also help complement high intensity sweeteners in several beverages.
Based on the applications, global rare sugars industry is segmented into dietary supplementary, food & beverage, pharmaceuticals, cosmetics & personal care, and others. The others segment is projected to witness a healthy CAGR of more than 4.3% through 2026.
In terms of the regional landscape, the rare sugars market in Latin America is estimated to expand at a CAGR of more than 3.8% through 2026, with increased consumer spending on high quality food, nutrition, and dietary supplement products. These trends can be associated with a large population base suffering from obesity and diabetes. Statistics also show that Brazil accounts for a large number of deaths due to diabetes, obesity and related factors. The risk is considerably higher among the elderly. The presence of a large geriatric population base will certainly complement the regional outlook.
Middle East and Africa rare sugars industry size is poised to record a 3% CAGR through 2026, with growing adoption of low calorie foods, beverages, and supplementary. The rising occurrence of several health problems and growing health awareness among consumers is likely to propel the product consumption.