Fructose Market Growth Analysis and Trends
Introduction:
Fructose, often known as fruit sugar, is a ketonic simple sugar present in many plants. It is frequently linked to glucose to produce the disaccharide sucrose. Along with glucose and galactose, it is one of three dietary monosaccharides that are absorbed directly into the bloodstream during digestion.
According to a new analysis the global fructose market is predicted to reach USD 6.01 billion by 2027, with a CAGR of 4.1 percent. The market is expected to develop as demand for low-calorie sweeteners rises as consumers become more aware of the negative consequences of white sugar. With changing consumer eating habits and rising occurrences of health conditions such as obesity and diabetes, the global market has been steadily growing.
Furthermore, the addition of fructose to processed foods has been approved by numerous food quality control agencies throughout the world, which is expected to boost business growth. Fructose provides a variety of physical and functional properties to foods and beverages, including sweetness, flavour improvement, colour, freezing-point decrease, osmotic stability, and in some cases, humectant activity. Fructose not only improves the texture of foods, but it also helps to mitigate the negative consequences of direct sugar ingestion. Because the demand for local products has grown rapidly in recent years, industry participants are focusing on small and medium-scale food processing enterprises. These techniques assist businesses in gaining access to local markets and providing new opportunities for growth. To take advantage of the developing industry, market players are concentrating their efforts in India, Thailand, and Indonesia.to leverage the growing demand for sweeteners in these economies.
Fructose Market Report Highlights
Due to its versatility, ease of use in application sectors, and cheaper cost when compared to alternative caloric sweeteners, high fructose corn syrup dominated the market in 2019 with a share of 62.01 percent.
Because of the high demand for processed products that can be consumed right away, the processed food application is predicted to increase at the quickest pace of 5.6 percent over the projection period.
Because of significant consumer knowledge of low-calorie goods and the benefits of adding sugar replacements in daily diets, North America emerged as the top regional market in 2019, accounting for over 44% of total sales.
India's demand for fructose is expected to grow at the fastest rate due to the rapid growth of the food and beverage production industry, as well as the Indian government's initiatives to reduce reliance on imports. With a huge number of major and medium-sized enterprises offering identical items, the worldwide market is extremely fragmented and competitive.
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