January 20, 2020
According to the research report titled ‘Rare Sugar Market Size By Product (D-Mannose, Allulose, Tagatose, D-Xylose, L-Arabinose, L-Fucose), By Application (Dietary Supplements, Cosmetics & Personal Care, Pharmaceuticals, Food & Beverages), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2026’, available at MarketStudyReport.com, the global rare sugar market is expected to cross USD 1.6 billion by the year 2026.
Growing occurrence of diabetes and increasing awareness pertaining to healthy lifestyle have encouraged the consumers to opt for natural low-calorie sugar alternatives, which in turn is driving the growth of the rare sugar market. Rare sugar enables easy digestion and increases the metabolic rate of the body. Regular consumption of rare sugar can also maintain bile and insulin levels in diabetic patients. Growing demand for moisture retaining and anti-aging cosmetic products is fueling the demand for rare sugar, which is further aiding the expansion of the market.
Elaborating on application spectrum, pharmaceutical segment is expected to register substantial growth during the forecast period. Rising prevalence of gingivitis and tooth cavities, coupled with shifting preference towards maintaining dental health are augmenting the demand for rare sugar in oral pharmaceuticals. Rare sugar helps in reducing the risk of cavities, bleeding gums, and bad breath. Moreover, it promotes gum health and minimizes the stains on the teeth.
Considering the geographical landscape, Asia-Pacific rare sugar market is presumed to expand significantly during 2019-2026, due to rising concerns regarding the use of chemical ingredients in cosmetic products. Rare sugar is extensively used to produce lip care products, lotions, scrubs, and luxury cosmetics since it has moisture retention properties. Rising adoption of exfoliating scrubs and serums, along with growing inclination towards using premium cosmetic products are contributing towards the growth of Asia-Pacific market.
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On the other hand, Europe rare sugar market will witness growth during the estimated timeframe, owing to strict government regulations regarding the use of clean label ingredients in food & beverage industry which is compelling the manufacturers to utilize naturally derived rare sugar sweeteners.
Hebei Huaxu, ASTRAEA Allulose, Matsutami Chemical industry, Specom Biochemical, Naturesupplies, Sanwa Starch, Douglas Laboratories, Sweet Cures, and Du Pont are the prominent companies operating in the rare sugar market.
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