Rare Sugar Global Market Analysis, Trends, Growth, Research And Forecast 2033

The new report published by The Business Research Company, titled Rare Sugar Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the rare sugar market size has grown steadily in recent years. It will grow from $1.83 billion in 2023 to $1.93 billion in 2024 at a compound annual growth rate (CAGR) of 5.0%. The rare sugar market size is expected to see steady growth in the next few years. It will grow to $2.28 billion in 2028 at a compound annual growth rate (CAGR) of 4.4%.

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Rare Sugars Market Surge Mitigating Diabetes Amid Growing Prevalence
The increasing prevalence of diabetes is expected to propel the growth of the rare sugars market going forward. Diabetes is a chronic disease that occur when the pancreas' fails to produce insulin or because of insulin sensitivity. The rare sugars can replace table sugar for diabetics' patients as they don't cause blood glucose levels to rise. Also, the regular use of rear sugar help in reducing the development of obesity, and type 2 diabetes. For instance, in 2021, according to the International Diabetes Federation, a Belgium-based an umbrella organization of over 230 national diabetes associations in more than 160 countries and territories, in 2021, there are total 537 million individuals (20-79 years old) worldwide with diabetes, and it is anticipated that by 2030, there will be 643 million diabetics and 783 million by 2045 globally. Therefore, the increase in the prevalence of diabetes is driving the growth of the rare sugars market.

Innovative Technological Advancements Reshaping The Rare Sugars Market
Technological innovations are a key trend in gaining popularity in the rare sugars market. Major companies operating in the rare sugars market are adopting new technologies to sustain their position in the market. For instance, in March 2023, Bonumose Inc., a US-based food ingredient manufacturer, launched a new manufacturing and research and development facility to produce tagatose using a novel low-cost proprietary method of the enzymatic process. It involves the conversion of fructose 6-phosphate (F6P) to tagatose 6-phosphate (T6P) that is catalyzed by an epimerase and converting the T6P to tagatose that is catalyzed by phosphatase in a single reaction vessel, and the process steps are ATP-free. Tagatose is 90% as sweet as table sugar but has 62% fewer calories and no harsh aftertaste.

The rare sugar market covered in this report is segmented -

1) By Product Type: D-Mannose, Allulose, Tagatose, D-Xylose, L-Arabinose, L-Fucose, D-Psicose, Other Product Type
2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience stores, Pharmacies, Online channels
3) By Application: Dietary Supplements, Cosmetics And Personal Care, Pharmaceuticals, Food And Beverages

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Major companies operating in the rare sugar market report are ASTRAEA Allulose LLC, Douglas Laboratories Inc., DuPont de Nemours Inc., Hebei Huaxu Pharmace, Cosun Beet Company,, Bunge Limited, Cargill Incorporated,, ED&F Man Commodities Sp Z.O.O., Louis Dreyfus Company,, Mitr Phol Sugar Corporation, Nordzucker AG,, Südzucker AG,, Tereos SAS, Wilmar International Limited utical Co. Ltd., Matsutani Chemical Industry Co. Ltd., Nature Supplies Co. Ltd., Sanwa Starch Co. Ltd., Specom Biochemical Co. Ltd., Sweet Cures Limited, Tate & Lyle plc, Bonumose Inc., CJ CheilJedang Corp., Ingredion Inc., International Flavors & Fragrances Inc., Jinan Shangbo Biotech Co. Ltd., Samyang Corporation, Illovo Sugar Limited, Associated British Foods plc, Archer Daniels Midland Company, ASR Group,

Contents of the report:
1. Executive Summary
2. Rare Sugar Market Report Structure
3. Rare Sugar Market Trends And Strategies
4. Rare Sugar Market - Macro Economic Scenario
5. Rare Sugar Market Size And Growth
…..
27. Rare Sugar Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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