Rising health concerns among consumers and awareness about the healthy food products are increasing the consumption of low-calorie sugar-free beverages and food products. The growth of such products all over the globe is driving the global fructose market. Fructose is a natural sugar found in vegetables, honey and various fruits. Fructose is one of the naturally occurring nutritive sweeteners this unique characteristic makes it extremely valuable ingredient. Expanding awareness about the consumption of healthy foodstuffs in order to avoid lifestyle-related diseases is anticipated to be a prime driver for the global fructose market. Fructose is one of the key ingredients in low -calorie foods, sports and energy market, carbonated beverages, chocolate milk, and confectioneries.
Due to increase in the consumption of dietary foods, the fructose market is expected to grow at a higher rate during the forecast period. Few new applications in food and beverage industry include energy reduced products, nutrition bars, soft cookies, frozen juice concentrates is likely to grow at a fast rate which further increases the fructose demand over the forecast period. High demand for fructose has led to the capacity expansions of many manufacturers, particularly in developing economies such as China and India. Beverage industry has generated highest revenue for the global fructose market as it is one of the leading factor driving this market. The fructose market is expected to experience diversified trends across different regions during the forecast period. However, harmful effects of overconsumption of alternative sugar such as fructose and various safety rules and regulations of different countries are some of the restraints for the global fructose market.
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Based on the application type, the global fructose market is segmented into:
- Drug formulations
- Beverage products
- Dairy Products
- Food Products – Other
Based on the subtype the global fructose market is segmented into:
- Fructose Derivatives
- Other Fructose
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In terms of geography, the global fructose market has been divided into five key regions including North America, Latin America, Europe, Asia-Pacific and Middle East & Africa.The global fructose market is expected to register healthy CAGR during the forecast period. North America is anticipated to be the dominant market for global fructose followed by Asia Pacific and Europe. The market in Asia-Pacific region is expected to grow at highest CAGR over the forecast period.
Some of the key players in the global fructose market are Ajinomoto Co., Inc. Domestic Food Products, ADM Corn Processing, Atlantic Chemicals Trading GMBH, A & Z food additives Co. Ltd, Biovittoria Limited, Cargill Incorporated, Celanese Corporation, Cumberland Packing Corp, Dulcette Technologies LLC, DuPont Nutrition & health, Hermes Sweeteners Ltd., Impala Imperial Sugar Company, Ingredion Food and beverage sweeteners, JK Sucralose Inc., JnJ Consumer Nutritionals, Merisant Worlwide Inc., Naturex Nutrition & Health etc.