D-psicose Market by Type/Form (Powder, Syrup, Crystal), Application (Food [Bakery Products, Dairy Products, Other Food Products], Beverages, Other Applications) - Global Forecast to 2029
The research report titled, “D-psicose Market by Type/Form (Powder, Syrup, Crystal), Application (Food [Bakery Products, Dairy Products, Other Food Products], Beverages, Other Applications) - Global Forecast to 2029,” provides an in-depth analysis of the D-psicose market in five major geographies and emphasizes on the current market trends, market sizes, market shares, recent developments, and forecasts to 2029. The D-psicose market is expected to record a CAGR of 28.6% from 2022-2029 to reach $438.1 million by 2029.
The growth of the D-psicose market is driven by factors such as the rising demand for sugar substitutes, the increasing demand for functional food products, and the growing prevalence of diabetes and obesity. However, stringent government regulations and the adverse health impacts associated with D-psicose are expected to restrain the growth of this market.
The rising demand for low-calorie sweeteners among end-user industries, rising number of approvals in emerging economies, and increasing R&D activities to develop sugar-free products are expected to provide market players with significant growth opportunities. In addition, the rising demand for clean label products and the increasing adoption of healthy lifestyles are major trends influencing the growth of this market.
The D-psicose market is segmented based on type/form (powder, syrup, and crystal), application (food [bakery products, dairy products, other food products], beverages, other applications). The study also evaluates industry competitors and analyzes the market at the regional and country levels.
Based on type/form, the D-psicose market is segmented into powder, syrup, and crystal. In 2022, the powder segment is expected to account for the largest share of the D-psicose market. The large share of this segment is mainly attributed to the benefits of powered D-psicose, such as ease of handling, transportation, storage, and better shelf-life.
Based on application, the D-psicose market is segmented into food, beverages, and other applications. In 2022, the food segment is estimated to account for the largest share of the D-psicose market. The growth of this segment is mainly attributed to factors such as consumers’ increasing preferences for healthy food, changing food consumption patterns, and extensive use of sugar substitutes in various food products, including baked goods, confectionery, and savory snacks.
Based on geography, the D-psicose market is segmented into five major geographies: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2022, North America is expected to account for the largest share of the D-psicose market. The large share of North America is mainly attributed to the increasing number of obese and diabetic population, growing health and wellness concerns, a well-established food and beverage industry, and strong demand for sugar-free products.
However, Asia-Pacific is estimated to witness rapid growth in the D-psicose market during the forecast period of 2022-2029. The high market growth in Asia-Pacific is driven by factors including the rising number of people with obesity and diabetes, growing awareness about the health benefits of sugar-free products, and the emerging trend of healthy food and ingredients. Also, governments in the region have started imposing taxes on sugar-sweetened products, creating significant growth opportunities for the D-psicose market.
The key players operating in the global D-psicose market are Tate & Lyle PLC (U.K.) Matsutani Chemical Industry Co., Ltd. (Japan), Samyang Corporation (South Korea), Baolingbao Biology Co., Ltd. (China), CJ CheilJedang Corp. (South Korea), Shandong Saigao Group Corporation (China), Anderson Global Group, LLC (U.S.), Shandong Bailong Chuangyuan Bio-tech Co., Ltd. (China), Archer-Daniels-Midland Company (U.S.), Zhucheng Haotian Pharm Co., Ltd (China), Merck KGaA (Germany), Dezhou Huiyang Biotechnology Co., Ltd. (China), and SAVANNA Ingredients GmbH (Germany).
The research report titled, “D-psicose Market by Type/Form (Powder, Syrup, Crystal), Application (Food [Bakery Products, Dairy Products, Other Food Products], Beverages, Other Applications) - Global Forecast to 2029,” provides an in-depth analysis of the D-psicose market in five major geographies and emphasizes on the current market trends, market sizes, market shares, recent developments, and forecasts to 2029. The D-psicose market is expected to record a CAGR of 28.6% from 2022-2029 to reach $438.1 million by 2029.
The growth of the D-psicose market is driven by factors such as the rising demand for sugar substitutes, the increasing demand for functional food products, and the growing prevalence of diabetes and obesity. However, stringent government regulations and the adverse health impacts associated with D-psicose are expected to restrain the growth of this market.
The rising demand for low-calorie sweeteners among end-user industries, rising number of approvals in emerging economies, and increasing R&D activities to develop sugar-free products are expected to provide market players with significant growth opportunities. In addition, the rising demand for clean label products and the increasing adoption of healthy lifestyles are major trends influencing the growth of this market.
The D-psicose market is segmented based on type/form (powder, syrup, and crystal), application (food [bakery products, dairy products, other food products], beverages, other applications). The study also evaluates industry competitors and analyzes the market at the regional and country levels.
Based on type/form, the D-psicose market is segmented into powder, syrup, and crystal. In 2022, the powder segment is expected to account for the largest share of the D-psicose market. The large share of this segment is mainly attributed to the benefits of powered D-psicose, such as ease of handling, transportation, storage, and better shelf-life.
Based on application, the D-psicose market is segmented into food, beverages, and other applications. In 2022, the food segment is estimated to account for the largest share of the D-psicose market. The growth of this segment is mainly attributed to factors such as consumers’ increasing preferences for healthy food, changing food consumption patterns, and extensive use of sugar substitutes in various food products, including baked goods, confectionery, and savory snacks.
Based on geography, the D-psicose market is segmented into five major geographies: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2022, North America is expected to account for the largest share of the D-psicose market. The large share of North America is mainly attributed to the increasing number of obese and diabetic population, growing health and wellness concerns, a well-established food and beverage industry, and strong demand for sugar-free products.
However, Asia-Pacific is estimated to witness rapid growth in the D-psicose market during the forecast period of 2022-2029. The high market growth in Asia-Pacific is driven by factors including the rising number of people with obesity and diabetes, growing awareness about the health benefits of sugar-free products, and the emerging trend of healthy food and ingredients. Also, governments in the region have started imposing taxes on sugar-sweetened products, creating significant growth opportunities for the D-psicose market.
Key Players
The key players operating in the global D-psicose market are Tate & Lyle PLC (U.K.) Matsutani Chemical Industry Co., Ltd. (Japan), Samyang Corporation (South Korea), Baolingbao Biology Co., Ltd. (China), CJ CheilJedang Corp. (South Korea), Shandong Saigao Group Corporation (China), Anderson Global Group, LLC (U.S.), Shandong Bailong Chuangyuan Bio-tech Co., Ltd. (China), Archer-Daniels-Midland Company (U.S.), Zhucheng Haotian Pharm Co., Ltd (China), Merck KGaA (Germany), Dezhou Huiyang Biotechnology Co., Ltd. (China), and SAVANNA Ingredients GmbH (Germany).
Scope of the Report:
D-psicose Market, by Type/Form
- Powder
- Syrup
- Crystal
D-psicose Market, by Application
- Food
- Bakery Products
- Dairy Products
- Other Food Products
- Beverages
- Other Applications
D-psicose Market, by Geography
- North America
- Asia-Pacific (APAC)
- Japan
- South Korea
- Singapore
- India
- China
- Australia
- Rest of APAC (RoAPAC)
- Latin America
- Europe
- Middle East & Africa
Key Questions Answered in the Report
- Which are the high-growth market segments in terms of type/form, application, and region/country?
- What was the historical market size for D-psicose across the globe?
- What are the market forecasts and estimates for 2022-2029?
- What are the major drivers, restraints, opportunities, and trends for the global D-psicose market?
- Who are the major players in the global D-psicose market?
- How is the competitive landscape, and who are the market leaders in the global D-psicose market?
- What are the recent developments in the global D-psicose market?
- What are the geographical trends and high-growth regions/countries?
- Who are the local emerging players in the global D-psicose market, and how do they compete with the global players?
Table of Contents
1. Introduction1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency
1.4. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.2. Data Collection & Validation
2.2.1. Secondary Research
2.2.2. Primary Research
2.3. Market Assessment
2.3.1. Market Size Estimation
2.3.1.1. Bottom-up Approach
2.3.1.2. Top-down Approach
2.3.1.3. Growth Forecast
2.4. Assumptions for the Study
2.5. Limitations for the Study
3. Executive Summary
3.1. Introduction
3.2. Segment Analysis
3.2.1. D-psicose Market, Type/Form Analysis
3.2.2. D-psicose Market, Application Analysis
3.2.3. D-psicose Market, Regional Analysis
3.3. Key Players
4. Market Insights
4.1. Global Sugar Market Overview
4.2. Global D-psicose Market Overview
4.3. Factors Affecting the D-psicose Market Growth
4.3.1. Drivers
4.3.1.1. Growing Demand for Sugar Substitutes
4.3.1.2. Rising Demand for Functional Food Products
4.3.1.3. Growing Prevalence of Diabetes and Obesity
4.3.2. Restraints
4.3.2.1. Stringent Government Regulations
4.3.2.2. Adverse Health Impacts Associated with D-psicose
4.3.3. Opportunities
4.3.3.1. Rising Demand for Low-Calorie Sweeteners Among End-user Industries
4.3.3.2. Securing Approvals in Emerging Economies
4.3.3.3. Increasing R&D Activities to Develop Sugar-free Products
4.3.4. Trends
4.3.4.1. Rising Demand for Clean Label Products
4.3.4.2. Increasing Adoption of Healthy Lifestyles
4.4. Financial Assessment
4.4.1. Cost and Profitability Analysis
4.4.2. Pricing Analysis
4.5. D-psicose Production Capacities Across Key Geographic Markets
4.6. Key Customer Segments
4.7. Legal Compliance/Regulatory Assessment
4.7.1. North America
4.7.2. Europe
4.7.3. Asia-Pacific
4.7.4. Latin America
4.7.5. ROW
5. Global D-psicose Market, by Type/Form
5.1. Introduction
5.2. Powder
5.3. Syrup
5.4. Crystal
6. Global D-psicose Market, by Application
6.1. Introduction
6.2. Food
6.2.1. Bakery Products
6.2.2. Dairy Products
6.2.3. Other Food Products
6.3. Beverages
6.4. Other Applications
7. D-psicose Market, by Geography
7.1. Introduction
7.2. North America
7.3. Asia-Pacific
7.3.1. Japan
7.3.2. South Korea
7.3.3. Singapore
7.3.4. India
7.3.5. China
7.3.6. Australia
7.3.7. Rest of Asia-Pacific (RoAPAC)
7.4. Latin America
7.5. Europe
7.6. Middle East & Africa
8. Competitive Landscape
8.1. Introduction
8.2. Competitive Benchmarking
9. Company Profiles
9.1. Tate & Lyle PLC
9.2. Matsutani Chemical Industry Co., Ltd.
9.3. Anderson Global Group, LLC
9.4. Baolingbao Biology Co., Ltd.
9.5. Samyang Corporation
9.6. Archer-Daniels-Midland Company
9.7. Merck kGaA
9.8. CJ CheilJedang Corp.
9.9. Zhucheng Haotian Pharm Co., Ltd.
9.10. Shandong Saigao Group Corporation
9.11. Shandong Bailong Chuangyuan Bio-tech Co., Ltd.
9.12. Dezhou Huiyang Biotechnology Co., Ltd
9.13. Savanna Ingredients GmbH
10. Appendix
10.1. Questionnaire
10.2. Available Customization
List of Tables
Table 1 World Sugar Market Overview, 2018-2021 (Thousand Metric Tons) Raw Value
Table 2 Top 10 Countries Producing Sugar, 2018-2021 (Thousand Metric Tons) Raw Value
Table 3 Top 10 Countries: Domestic Sugar Consumption, 2018-2021 (Thousand Metric Tons) Raw Value
Table 4 D-psicose Market: Impact Analysis of Market Drivers (2022-2029)
Table 5 D-psicose Market: Impact Analysis of Market Restraints (2022-2029)
Table 6 Projection of the Number of People with Diabetes (20-79 Years), 2013 Vs. 2035 (In Million)
Table 7 Cost and Profitability Analysis of D-psicose Production (2020)
Table 8 Global Average Selling Price of D-psicose (USD/Kg)
Table 9 D-psicose Production Locations and the Geographic Presence of Key Market Players
Table 10 D-psicose Customer Segments
Table 11 Key Customers (Food Applications)
Table 12 Potential Customers
Table 13 Proposed Food Uses and Use Levels of Allulose (D-psicose)
Table 14 Global D-psicose Market Size, by Type/Form, 2020-2029 (USD Million)
Table 15 D-psicose Powder Market Size, by Country/Region, 2020-2029 (USD Million)
Table 16 D-psicose Syrup Market Size, by Country/Region, 2020-2029 (USD Million)
Table 17 D-psicose Crystals Market Size, by Country/Region, 2020-2029 (USD Million)
Table 18 Global D-psicose Market Size, by Application, 2020-2029 (USD Million)
Table 19 Global D-psicose Market Size for Food, by Type, 2020-2029 (USD Million)
Table 20 D-psicose Market Size for Food, by Country/Region, 2020-2029 (USD Million)
Table 21 FDA GRAS (Generally Recognized As Safe) Levels of Allulose Use for Bakery Products
Table 22 D-psicose Market Size for Bakery Products, by Country/Region, 2020-2029 (USD Million)
Table 23 FDA GRAS (Generally Recognized As Safe) Levels of Allulose Use for Dairy Products
Table 24 D-psicose Market Size for Dairy Products, by Country/Region, 2020-2029 (USD Million)
Table 25 FDA GRAS (Generally Recognized As Safe) Levels of Allulose Use, by Food Product Category
Table 26 D-psicose Market Size for Other Food Products, by Country/Region, 2020-2029 (USD Million)
Table 27 FDA GRAS (Generally Recognized As Safe) Levels of Allulose Use for Beverages
Table 28 D-psicose Market Size for Beverages, by Country/Region, 2020-2029 (USD Million)
Table 29 D-psicose Market Size for Other Applications, by Country/Region, 2020-2029 (USD Million)
Table 30 D-psicose Market Size, by Country/Region, 2020-2029 (USD Million)
Table 31 North America: D-psicose Market Size, by Type/Form, 2020-2029 (USD Million)
Table 32 North America: D-psicose Market Size, by Application, 2020-2029 (USD Million)
Table 33 North America: D-psicose Market Size for Food Application, by Type, 2020-2029 (USD Million)
Table 34 Asia-Pacific: D-psicose Market Size, by Country, 2020-2029 (USD Million)
Table 35 Asia-Pacific: D-psicose Market Size, by Type/Form, 2020-2029 (USD Million)
Table 36 Asia-Pacific: D-psicose Market Size, by Application, 2020-2029 (USD Million)
Table 37 Asia-Pacific: D-psicose Market Size for Food Application, by Type, 2020-2029 (USD Million)
Table 38 Japan: D-psicose Market Size, by Type/Form, 2020-2029 (USD Million)
Table 39 Japan: D-psicose Market Size, by Application, 2020-2029 (USD Million)
Table 40 Japan: D-psicose Market Size for Food Application, by Type, 2020-2029 (USD Million)
Table 41 South Korea: D-psicose Market Size, by Type/Form, 2020-2029 (USD Million)
Table 42 South Korea: D-psicose Market Size, by Application, 2020-2029 (USD Million)
Table 43 South Korea: D-psicose Market Size for Food Application, by Type, 2020-2029 (USD Million)
Table 44 Singapore: D-psicose Market Size, by Type/Form, 2020-2029 (USD Million)
Table 45 Singapore: D-psicose Market Size, by Application, 2020-2029 (USD Million)
Table 46 Singapore: D-psicose Market Size for Food Application, by Type, 2020-2029 (USD Million)
Table 47 India: D-psicose Market Size, by Type/Form, 2020-2029 (USD Million)
Table 48 India: D-psicose Market Size, by Application, 2020-2029 (USD Million)
Table 49 India: D-psicose Market Size for Food Application, by Type, 2020-2029 (USD Million)
Table 50 Rest of Asia-Pacific: D-psicose Market Size, by Type/Form, 2020-2029 (USD Million)
Table 51 Rest of Asia-Pacific: D-psicose Market Size, by Application, 2020-2029 (USD Million)
Table 52 Rest of Asia-Pacific: D-psicose Market Size for Food Application, by Type, 2020-2029 (USD Million)
Table 53 Latin America: D-psicose Market Size, by Type/Form, 2020-2029 (USD Million)
Table 54 Latin America: D-psicose Market Size, by Application, 2020-2029 (USD Million)
Table 55 Latin America: D-psicose Market Size for Food Application, by Type, 2020-2029 (USD Million)
Table 56 D-psicose Market Key Players Geographic Presence (In Terms of Product Sales)List of Figures
Figure 1 Market Ecosystem
Figure 2 Research Process
Figure 3 Key Secondary Sources
Figure 4 Primary Research Techniques
Figure 5 Key Executives Interviewed
Figure 6 Breakdown of Primary Interviews (Supply Side & Demand Side)
Figure 7 Market Size Estimation
Figure 8 The Powder Segment is Expected to Account for the Largest Share of the Market in 2022
Figure 9 The Food Segment is Expected to Account for the Largest Share of the Market in 2022
Figure 10 In 2022, North America to Account for the Largest Share of the D-psicose Market
Figure 11 Market Dynamics
Figure 12 D-psicose: Average Selling Price Trend, 2020-2022 (USD/Kg)
Figure 13 Percentage Share of D-psicose Production Capacities, by Region (2021)
Figure 14 Global D-psicose Market Size, by Type/Form, 2022-2029 (USD Million)
Figure 15 Global D-psicose Market Size, by Application, 2022-2029 (USD Million)
Figure 16 Global D-psicose Market Size for Food, by Type, 2022-2029 (USD Million)
Figure 17 D-psicose Market Size, by Region, 2022-2029 (USD Million)
Figure 18 U.S.: Organic Food Sales, 2011-2020 (USD Million)
Figure 19 China Sugar-Free Drinks Market, 2014-2021 (in Billion RMB)
Figure 20 D-psicose Market Key Players Competitive Benchmarking, by Product Offering (Type/Form)
Figure 21 Tate & Lyle PLC: Financial Overview (2021)
Figure 22 Samyang Corporation: Financial Overview (2020)
Figure 23 Archer-Daniels-Midland Company: Financial Overview (2020)
Figure 24 Merck kGaA: Financial Overview (2021)
Figure 25 CJ CheilJedang Corp.: Financial Overview (2020)
Companies Mentioned
- Tate & Lyle PLC (U.K.) Matsutani Chemical Industry Co. Ltd. (Japan)
- Samyang Corporation (South Korea)
- Baolingbao Biology Co. Ltd. (China)
- CJ CheilJedang Corp. (South Korea)
- Shandong Saigao Group Corporation (China)
- Anderson Global Group LLC (U.S.)
- Shandong Bailong Chuangyuan Bio-tech Co. Ltd. (China)
- Archer-Daniels-Midland Company (U.S.)
- Zhucheng Haotian Pharm Co. Ltd (China)
- Merck KGaA (Germany)
- Dezhou Huiyang Biotechnology Co. Ltd. (China)
- SAVANNA Ingredients GmbH (Germany).
