The crystalline fructose market is set to grow due to increased sugarcane production and improved processing technologies, with a forecast CAGR of 9.8% from 2021 to 2026.
The new report by Expert Market Research titled, ‘Global Crystalline Fructose Market Report and Forecast 2021-2026’, gives in-depth analysis of the global crystalline fructose market, assessing the market based on its segments like nature, distribution channel, application, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.
Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.
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The key highlights of the report include:
Market Overview (2016-2026)
In recent years, there has been an increase in sugarcane demand, which is the primary reason behind the increased production of crystalline fructose. Sugarcane is grown all over the world and is one of the largest tropical crops cultivated worldwide. Sugarcane provides 80 percent of the world’s demand for sugar, while the remainder comes from other sources of sugar, such as maize. Crystalline fructose is the result of the processing of sugar from sugar cane, maize, and other sources of sugar. Crystalline fructose is used in a variety of industrial fields, including fruit, feed, cosmetics, ethanol processing, pharmaceuticals, and others, thus generating worldwide demand. Improvements in sugar refining technology have led to improved sugar cane crushing rates and improved crystalline fructose processing, resulting in enhanced recovery and preservation of crystalline fructose.
Industry Definition and Major Segments
Crystalline fructose is a pure and colorless fructose sugar crystal that is easy to find in fruits and grains. Crystalline fructose is commonly used as a sweetener that has a low glycemic index and is 20% sweeter than sucrose in beverages. Compared to high fructose corn syrup, crystalline fructose provides better flavor, texture, and stability. Almost 98 percent of fructose is crystalline fructose, with the remaining 2 percent being trace minerals and water.
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On the basis of nature, the industry is divided into:
On the basis of application, the industry is divided into:
On the basis of distribution channels, the industry is divided into:
On the basis of region, the industry is divided into:
Market Trends
The demand for crystalline fructose is expected to be driven by the rising demand for the food grade crystalline fructose across the globe. When compared to alternative solutions, such as high fructose corn syrup, crystalline fructose offers various advantages. Food-grade crystalline fructose is used in a wide range of goods, from flavoured waters to dry beverage mixes. Food-grade crystalline fructose substitutes sucrose in canned fruits and preserves, along with some portion of maltose syrup; it is also used as a sweetener or in combination with artificial sweeteners such as saccharin in carbonated beverages. The demand for the product is also on a rise across other industries.
Key Market Players
The major players in the market are Tate & Lyle PLC, DuPont de Nemours, Inc., Archer Daniels Midland Company, NOW Health Group, Inc., Farbest-Tallman Foods Corporation, and RP Global Food Ingredients LLP, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
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The article discusses the growth of the global crystalline fructose market driven by rising sugarcane production and technological advancements.
Crystalline fructose is used in food, beverages, cosmetics, and pharmaceuticals due to its sweetening properties.
The crystalline fructose market is expected to grow at a CAGR of 9.8% from 2021 to 2026.
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