The global crystalline fructose market is poised to record a stable CAGR of 3.4% from 2022 to 2032. The global market is projected to garner a worth of US$ 765 million by 2032, up from US$ 532 million in 2022. Strong research and development activities combined with technical capabilities have propelled various companies to the forefront, augmenting their crystalline fructose market share. The demand for crystalline fructose can also be attributed to its property where it is 20% sweeter than high fructose corn syrup and sucrose.
The demand for crystalline fructose is expected to be on a higher trajectory owing to improved sugar refining technologies. Due to technological advancements, sugar cane crushing rates and crystalline fructose processing has increased significantly, resulting in the recovery and retention of crystalline fructose. Furthermore, the rising sales of crystalline fructose are also because even though crystalline fructose is derived from the corn itself, it is highly emerging as an alternative to high fructose corn syrup, since it is close to 100% pure fructose.
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Crystalline Fructose is majorly derived from corn starch and the propelling demand for crystalline fructose is on the rise. Since it offers multiple unique benefits, such as extending the shelf life of the food and preventing nutrition bars and baked goods from drying out, among more. Additionally, FIPS (Federal Information Processing Standards) are likely to define crystalline fructose with no less than 98% fructose, and the remaining 2% be minerals and trace water.
Key Takeaways
- The demand for crystalline fructose is immensely growing as it is sweeter than both table sugar and high fructose corn syrup. Furthermore, it is a valuable sweetener for sugar-free foods & beverages and is also known for its low calories.
- The sales of crystalline fructose are on the rise as it can be integrated with other sweeteners to not only provide enhanced sweetness, but also to improve the texture, and taste of the food. Moreover, individuals are rapidly inclining towards a healthy lifestyle and low-calorie foods. Several food service providers are rapidly opting for crystalline fructose instead of table sugar and other alternatives, which is providing a significant boost to the demand for crystalline fructose.
- The increasing urban population has significantly enlarged the demand for crystalline fructose, among other various types of sweeteners for the wide applications it offers to different food products.
- Specifically, within health and energy drinks, there is rising inclusion of crystalline fructose witnessed in the last few years, boosting the overall sales of crystalline fructose. When used in recipes, crystalline fructose is likely to boost sweetness and enhance the texture. It also provides stability and works as an excellent substitute for sugar in almost everything, thereby boosting the overall sales of crystalline fructose as well.
- The surging utilization of crystalline fructose in numerous end-use applications such as pharmaceuticals, food, cosmetics, feed, and ethanol production is driving the demand for crystalline fructose in tandem with the sales of crystalline fructose.
- The rising demand for crystalline fructose is attributed to its usage as a water-retention agent in personal care and cosmetics serums, as well as a nutritional supplement in pharmaceutical products like syrups and injections.
- Growing technical innovation within the food processing sector along with the rising demand for nutritional snack bars, create huge sales of crystalline fructose which in turn propels the overall market growth.
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Competitive Landscape
Key players in the global crystalline fructose market are focusing on developing strategies consisting of both organic and inorganic products in order to improve their market position, thereby soaring the overall sales of crystalline fructose.
More Insights into the Crystalline Fructose Market
The North American region is anticipated to dominate the global crystalline fructose market over the forecast period. According to the reports of the Calorie Control Council, more than 180 million individuals in the United States consume low-calorie, sugar-free foods, and beverages on an everyday basis, auguring well for the crystalline fructose market share.
Rising sales of crystalline fructose can be credited to individuals who are increasing demand for more natural sweeteners in the food and beverages they consume to diminish their calorie intake. Therefore, food service providers are integrating crystalline fructose into food and beverage to meet the demand for crystalline fructose. The growth prospects in the United States are quite higher and are likely to capture a sizable crystalline fructose market share.
The Asia Pacific region is expected to create robust demand for crystalline fructose as well as sales of crystalline fructose are expected to display tremendous growth rates in the coming years owing to the abundant population, increasing urbanization, and increasing disposable incomes, among more.
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