Globally, North America accounted for the substantial market share of allulose and is estimated to lead the
overall market in the years to come. The reason behind the overall market growth could be the high demand
from consumers, exclusively used as a thickening agent in several end-use applications, the presence of key
manufacturers in this region, and growing number of obese and diabetic patients in this region. The United
States is a major consumer of allulose in this region.
Europe and the Asia Pacific are also estimated to have a positive influence on future growth. Europe is the
second largest region with significant market share. However, Asia Pacific is estimated to grow at the highest
CAGR in the forecast period. The aspects that may be ascribed to the growth comprise rising healthcare
awareness and changing dietary patterns. The developing countries like India and China are the major
consumers of allulose in this region.
The key players of allulose market are CJ CheilJedang, Matsutani Chemical, and Tate&Lyle. These players are
concentrating on inorganic growth to sustain themselves amidst fierce competition.
Browse Related Category Market Reports @
https://www.millioninsights.com/industry/food-ingredients