08-Jun-2023 | Zion Market Research
The global crystalline fructose market size was worth around USD 642.37 million in 2022 and is predicted to grow to around USD 958.13 million by 2030 with a compound annual growth rate (CAGR) of roughly 5.12% between 2023 and 2030.
The crystalline fructose industry refers to the global market for the production and sale of crystalline fructose. It is a sweetener derived from fructose and is a highly refined form of the same which is produced by processing fructose into a crystalline powder or granular form. The most common application of crystalline fructose includes its use as a sweetening ingredient in various food and beverage products. The market deals with the production, distribution, and use of crystalline fructose by various industries, including bakery and confectionery, food and beverage, dairy, and others. Crystalline fructose offers several advantages over traditional sugar such as high sweetness intensity, solubility, and stability. During the forecast period, the crystalline fructose industry players can expect several growth opportunities while having to deal with certain challenges and limitations.
This review is based on a report by Zion Market Research, titled "Crystalline Fructose Market By Nature (Conventional And Organic), By Application (Bakery & Confectionery And Food & Beverages), By Distribution Channel (Business-To-Customer And Business-To-Business), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030"- Report at https://www.zionmarketresearch.com/report/crystalline-fructose-market
The global crystalline fructose market is projected to grow owing to its ability to act as a healthier alternative to traditional sugar such as table sugar. Some factors that have assisted in the increased demand in the market include high sweetness intensity and low glycemic index of crystalline fructose. This means that the compound performs exceptionally as a sweetener without the negative aspects associated with sweet products. In addition to this, the growing preference for clean-label ingredients in food & beverages could also act as a growth propeller.
In recent times, there has been a growing trend in which consumers are actively seeking or consuming items that consist of clean or natural ingredients. Crystalline fructose which is derived from corn syrup is considered a natural sweetener and hence it efficiently aligns with the changing consumer preference. Companies have managed to leverage this aspect of the compound by marketing tactics influenced by the changing sentiments in the consumer group. Furthermore, technological advancements in the production process allowing for improved production of crystalline fructose is another segment to consider as a growth propelling factor.
During the forecast period, the global crystalline fructose market is expected to come across certain growth restraints such as the availability of alternative sweeteners. The market is highly competitive as it is full of multiple companies operating at both domestic and international levels. Alternative sweeteners such as stevia, erythritol, and monk fruit extract have managed to already gain a huge lead as they have an established network and dedicated set of consumers. Moreover, the volatile price fluctuations of the compound depending on factors such as raw material availability, production costs, and market demand could also cause a loss of revenue.
The rising investments in research studies could provide growth opportunities while the regulatory scrutiny may challenge market growth.
The global crystalline fructose market is segmented based on nature, application, distribution channel, and region.
Based on nature, the global market segments are conventional and organic.
Based on application, the global market segments are bakery & confectionery and food & beverages. In 2022, the highest growth was observed in the bakery & confectionery segment where it is often used as a flavor enhancer or a sweetener in a variety of products such as cakes, cookies, and other baked goods. It is responsible for providing or contributing to the texture of the food product along with the browning of the baked items. In the confectionery segment, crystalline fructose is widely used in the production of candies, chewing gums, chocolates, and other sweet treats. In these products, the compound not only improves the sweetness but also impacts the overall look of the product. In 2022, Cadbury’s brand value weighed at USD 5.73 billion.
Based on distribution channel, the global market segments are business-to-customer and business-to-business. The crystalline fructose industry was led by the latter segment also known as B2B in 2022. The high segmental revenue was mainly due to the bulk production and distribution of crystalline fructose. These quantities can only be sold to food processors or manufacturers that incorporate the item in the final product. These transactions typically occur between crystalline fructose suppliers and companies in various sectors such as bakery and confectionery, food and beverage, and other industries where sweeteners are utilized. While certain companies deal in business-to-customer (B2C) transactions, the revenue in this segment is less than the counterpart. The global B2B market was valued at more than USD 7 trillion in 2022.
North America is expected to lead the global crystalline fructose market due to the growing food & beverages industry in the USA and Canada. These regions are home to some of the biggest and highest revenue-generating food producers across the globe. Moreover, the general public which consumes high amounts of processed food is now demanding low-calorie healthy substitutes in the segment leading to market players investing in research & development. In addition to this, the rising health and wellness trend along with government initiatives to educate the masses about the ill effects of consuming high sugar content is expected to drive more people toward healthier substitutes such as crystalline fructose.
In Europe, the CAGR may be driven by the increasing use of crystalline fructose in baked goods such as cakes and cookies along with confectionery items. Europe is known for its baked-food product-influenced diet culture and tourists from across the globe travel to these nations to enjoy local cuisine.
Crystalline Fructose Market: Competitive Analysis
The global crystalline fructose market is led by players like:
By Nature
By Application
By Distribution Channel
By Region
About Us:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Contact Us:
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed