Global Crystalline Fructose Market, By Application (Food, Beverages, Bakery and Confectionery) Nature (Organic, Conventional) Distribution Channel (Business-2-Business, Business-2-Consumer) – Industry Trends and Forecast to 2029.
Market Analysis and Size
The primary application of crystalline fructose is as a sweetener in beverages and yogurts. Food-grade crystalline fructose can be easily combined with other starches and sweeteners to increase sweetness while providing an excellent mouthfeel and pleasant aroma because fructose does not hydrolyse like sucrose does, flavor of the product remains unchanged and the storage period is extended.
Data Bridge Market Research analyses that the Crystalline fructose market was valued at USD 0.590 billion in 2021 and is expected to reach the value of USD 1.13 billion by 2029, at a CAGR of 8.5% during the forecast period of 2022 to 2029.
Market Definition
Crystalline fructose is a pure colorless crystal of fructose sugar found in fruits and grains. Crystalline fructose is a popular sweetener in beverages because it has a low glycaemic index and is 20% sweeter than sucrose. Compared to high fructose corn syrup, crystalline fructose has a better taste, texture, and stability. Crystalline fructose contains nearly 98 percent fructose, with the remaining 2 percent of trace minerals and water.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019 - 2014)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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By Application (Food, Beverages, Bakery and Confectionery) Nature (Organic, Conventional) Distribution Channel (Business-2-Business, Business-2-Consumer)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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DuPont (US), ADM (US), Tate & Lyle (UK), Ingredion (US), Cargill Incorporated (US), Roquette Frères (France), PureCircle (US), MacAndrews & Forbes Holdings Inc. (US), JK Sucralose Inc. (China), Ajinomoto Co. Inc. (Japan), Fooding Group Limited (China), Cika Co. (UK), Newseed Chemical Co., Limited (China), Hugestone Enterprise Co., Ltd. (China)
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Opportunities
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Crystalline Fructose Market Dynamics
Drivers
- Rising consumption and production of sugarcane
Due to the high consumption and production of sugarcane, the global market for crystalline fructose has increased over the years. Sugarcane is one of the most widely cultivated tropical crops globally, owing to its high crystalline fructose output. Most of the world's sugar is derived from sugarcane, with the remainder derived from corn and other sources. The increased use of crystalline fructose as a food additive in the food and beverage industry is driving market growth due to its low-calorie benefit and ability to grow food value.
- Growing demand in various end-user industries
The increased use of crystalline fructose in various end-use applications such as pharmaceutical, cosmetics, food, feed, ethanol production, and others is also driving the market. It can be used as a water-retaining agent in personal care and cosmetics serums and as a nutritional supplement in pharmaceutical products such as syrups and injections. Strong R&D combined with technical capabilities has put the company in the lead, and as a result, the demand for crystalline sugar has grown over time.
Opportunity
Growing technical innovation in the food processing sector, as well as rising demand for nutritional snack bars, will, on the other hand, boost various opportunities that will lead to the growth of the fructose market during the forecast period.
Restraints
However, many scientists believe that excessive crystalline fructose consumption can lead to serious health problems such as type II diabetes, heart disease, obesity, and, in some cases, cancer. However, more compelling evidence is required. According to scientists, it can also disrupt the body's metabolism. This could stifle the growth of the crystalline fructose market.
This Crystalline fructose market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Crystalline fructose market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Crystalline Fructose Market
The global pandemic of COVID-19 disease is becoming a significant impediment to the global economy and has an impact on the growth of the food and beverage industry. Food manufacturers have reduced the production of major food products. Foodservice restaurant sales have also decreased as the consumption of away-from-home food products has decreased. The output of food-grade crystalline fructose has also been hampered because it is primarily derived from corn, and trade and processing of agricultural products have been halted. As a result, the COVID-19 disease outbreak would have only a minor impact on the food-grade crystalline fructose market.
Global Crystalline Fructose Market Scope
The Crystalline fructose market is segmented on the basis of application, nature and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Application
- Food
- Bakery and Confectionery
- Beverages
On the basis of application, the Crystalline fructose market is segmented into food, beverages and bakery and confectionary. Food is further segmented into canned foods and nutritional bars.
Nature
- Organic
- Conventional
On the basis of nature, the Crystalline fructose market is segmented into organic and conventional.
Distribution channel
- Business-2-Business
- Business-2-Customer
On the basis of end-users, the Crystalline fructose market is segmented into business-2-business, business-2-customer.
Crystalline Fructose Market Regional Analysis/Insights
The Crystalline fructose market is analyzed and market size insights and trends are provided by country, application, nature, and distribution channel, as referenced above.
The countries covered in the Crystalline fructose market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America and Europe accounted for the vast majority of the global crystalline market share. Because of the presence of key market players, significant investment in R&D, technologically advanced methods of production, and the availability of raw materials in the region. The advancement of pharmaceuticals through crystalline sugar has proven to be the most promising for market growth. The Asia Pacific region accounted for the second-largest crystalline fructose market because of increased use in the pharmaceutical and food and beverage industries. China leads the market due to the presence of key market players and the country's large population. In contrast, India is the fastest-growing market due to the use of innovative manufacturing techniques and rising income levels.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Crystalline Fructose Market Share Analysis
The Crystalline fructose market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Crystalline fructose market.
Some of the major players operating in the Crystalline fructose market are:
- DuPont (U.S.)
- ADM (U.S.)
- Tate & Lyle (U.K.)
- Ingredion (U.S.)
- Cargill Incorporated (U.S.)
- Roquette Frères (France)
- PureCircle (U.S.)
- MacAndrews & Forbes Incorporated (U.S.)
- JK Sucralose Inc. (China)
- Ajinomoto Co. Inc. (Japan)
- Fooding Group Limited (China)
- Cika Co. (UK)
- Newseed Chemical Co., Limited (China)
- Hugestone Enterprise Co., Ltd. (China)
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