Published Date : 12 Apr 2023
The revenue of the fructose market was valued at USD 9.1 billion in 2022, and it will grow at a rate of 6.00% in the decade, to reach USD 16.3 billion by 2032.
The global fructose market growth is driven by increasing consumer awareness about healthy balanced diets, increasing use of fructose in several end-use applications, rising demand for nutritional food items, and increasing demand for low-calorie food products.
Fructose is a form of sugar known as a monosaccharide. Fructose is also known as "fruit sugar" as it's found naturally in a variety of fruits. It can also be found naturally in honey, sugar beets, sugar cane, and vegetables. Fructose is a common flavor enhancer found in many food & beverages. Fructose is the sweetest naturally occurring carbohydrate, sweeter than sucrose by 1.2-1.8 times. The product has been widely employed in the food and beverage industries due to its low price and high relative sweetness.
Fructose metabolism requires no insulin and has no effect on blood glucose levels. Fructose is commonly used to enhance the taste, quality, and texture of food and beverages. Consumers are seeking a substitute for white sugar in their daily diet to maintain physical fitness, which is expected to fuel the growth of the fructose market during the forecast period. When consumed directly from whole plant foods, it is termed natural sugar. When consumed through packaged foods and drinks containing fructose-containing sugars, it is regarded as an added sugar.
The product's low Glycemic Index (GI) as compared to table sugar is anticipated to stimulate demand. Fructose's physical and chemical qualities make it particularly appealing to the food sector. It is hygroscopic, which means that it draws water, promotes condensation, and is very soluble at low temperatures. As a result, it is an excellent humidifying ingredient for baked products, biscuits, and confectionery. Fruit sugar is used in the production of nutrition bars, soft moist cookies, low-calorie snacks, and other items. Low glycemic carbohydrate foods may be beneficial to diabetics because they can help to prevent blood glucose spikes.
Fructose may be extracted in both crystalline and liquid forms, is less toxic, and does not induce weight gain. Additionally, the market has grown as a result of the increasing consumer preferences for processed low-calorie, low-fat, and low-sugar food products. Furthermore, it is a substitute for white sugar in daily diets for maintaining physical fitness and is projected to boost the market expansion during the forecast period.
Fructose Market Report Scope:
|Market Size in 2022||USD 9.1 Billion|
|Projected Forecast Value in 2032||USD 16.3 Billion|
|Growth Rate||6.00% from 2023 to 2032|
|Largest Market||North America|
|Forecast Period||2023 to 2032|
|Regions Covered||North America, Europe, Asia-Pacific, Latin America and Middle East & Africa|
North America accounted for a larger market share owing to the extensive supply of raw ingredients required to make fructose, rising awareness regarding low-calorie diets, rising disposable income, and increasing demand ready to eat food and packaged beverages such as healthy drinks, juices, soft drinks with carbonation, and others. On the other hand, the Asia Pacific market is growing at a significant CAGR owing to the increasing beverage industries in China and India, innovative manufacturing techniques, increasing demand for packaged food & beverages, changing consumer lifestyle, and increasing population in the region.
Increasing awareness of health consciousness
The increasing awareness of health consciousness along with the rising disposable income has resulted in the increasing demand for sugar alternatives such as fructose, which is a low-calorie, low-fat, and low-sugar food product. People with high blood sugar and diabetic patients prefer calorie-free sweets, which promotes the growth of the fructose market. The food and beverage industries have a high demand for fructose as a sweetener for several food items such as healthy drinks, bread products, confectionery, and others have significantly contributed to the growing demand for fructose. Increasingly people are choosing low-sugar, low-calorie items as they help them lose weight while also providing an adequate number of vitamins and minerals that are good for their personal well-being.
Consumption of too much fructose can cause major health issues
The consumption of too much fructose can cause major health issues like diabetes type II, obesity, and cardiovascular disorders are projected to hamper the growth of the market and it is likely to limit the expansion of the global fructose market during the forecast period.
Increasing usage of fructose in a variety of applications
The increasing usage of fructose in a variety of applications is projected to fuel the fructose market expansion in the coming years. The growing usage of fructose in several end-use industries such as ethanol production, cosmetics, foods, medicines, and others. It can be used in medicinal products such as syrups and injections as a vitamin supplement, and as a water-retentive agent in skincare and cosmetic serums. High-fructose syrups contain fructose, dextrose, and small amounts of oligosaccharides. High-fructose syrups are often used in carbonated drinks, baked foods, canned fruits and vegetables, jams and jellies, and dairy products.
Crystalline fructose and crystalline fructose syrup have increasingly moved from pharmaceutical and specialty food uses into mainstream food and beverage applications. With a rise in demand for ready-to-eat food and beverage products, there has been a surge in demand for fructose sweeteners in the manufacture of different food and beverage products is likely to accelerate the market growth.
Fluctuation in raw material prices
The fluctuation in raw material prices and an increase in manufacturing costs act as a key challenge for the growth of the fructose market during the forecast period. A rise in production costs can have a direct influence on the final product price.
Major Key Players:
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