Rare Sugar Market to Witness Widespread Expansion During 2031

Rare Sugar Market: Overview

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 2021 and 2031.

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The rare sugar market can be segmented into allulose, tagatose, D-mannose, D-xylose-arabinose, and L-fucose. By application, the market can be categorized into cosmetic, personal care, pharmaceuticals, food, beverages, dietary supplements, and others.

The all-important report is being designed by the team of experts at TMR Research. The various parameters on which this report has been curated are emerging trends, key drivers, latest developments, competitive scenarios, and regional dimensions. This report will help the stakeholders and CXOs to make proper decisions regarding the investments and plan strategies accordingly. Furthermore, the impact of COVID-19 is also included in this report.

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.

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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.

Rare Sugar Market: Competitive Scenario

The leading players functioning in the rare sugar market are investing heavily in R&D activities to innovate new combinations and formulations that will be packed with health and nutrition. The dietary supplements and nutritional drinks have been adding on to the product profile. These foods and drinks contain rare sugar which acts as a natural sweetener and promotes low-calorie intake. The competition to expand the market presence has led to strategic collaborations with mergers, acquisitions, joint ventures, partnerships, and startups.

Some of the key players operating in the rare sugar market are Samyang Corporation, CJ CheilJedang, TATE & LYLE, and DuPont.

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Rare Sugar Market: Regional Dynamics

The global rare sugar market is segmented into Asia Pacific, Latin America, North America, Europe, the Middle East and Africa. North America is anticipated to show exponential growth owing to the increasing demand for rare sugar for cosmetic formulations and an increase in inclination towards natural skin care products. Europe may also show rapid growth due to the increase in the use of dietary supplements. Asia Pacific also is likely to show significant growth owing to the rising trend for a healthier lifestyle in developing countries such as India, Japan, and China.

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This release was published on openPR.