Asia Pacific Rare Sugar Market size crossed USD 425 million in 2020 and is expected to witness 4% CAGR from 2021 to 2027.
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Ageing population in countries such as Japan and individual spending on healthcare products will boost the market demand. Growing desire to use dietary supplements to maintain health and increase metabolism are anticipated to boost the market share from the dietary supplement end-use segment. Furthermore, rising demand for low-calorie meals and beverages has increased owing to changing consumers eating habits and growing trend towards adopting a healthier lifestyle will fuel the rare sugar market expansion in the Asia Pacific region.
D-Mannose segment accounted for over USD 265 million revenue in 2020 and will register growth rate of 4% through 2027, owing to increasing demand for rare sugar extracted from fruits and vegetables. It also occurs naturally in some cells of human body which makes its consumption safe. It is widely utilized in preparing medication for treating carbohydrate deficient glycoprotein syndrome and UTIs.
Increasing demand for natural ingredients in pharmaceutical and supplement preparations along with rapid D Mannose product penetration is likely to boost Asia Pacific rare sugar market growth. D Mannose is also used manufacturing supplement solutions owing to easily digestible nature and rich nutrition concentration. Companies in the region are rapidly developing novel techniques to extract pure D Mannose to gain unique selling point in market which should fuel market share.
Tagatose product segment revenue is set to reach USD 20 million by the end of 2027. Tagatose also naturally occurs in the gum of the West-African tree Sterculia setiger. D-Tagatose has attracted a great attention as a sugar substitute. Increasing prevalence of diabetes and rising demand for low calorie sweeteners will propel the industry demand. It is widely used in manufacturing sweeteners for pharmaceutical and food & beverage industries.
Tagatose provides similar sweetness to sugar at similar concentration and reduces blood glucose levels in liver. It promotes glucokinase activity, boosts the production of digestive enzymes and degradation of carbohydrates in small intestine. Industry players are rapidly adopting tagatose solutions to market their products using sustainable, low calorie, and healthy labels.
Asia Pacific rare sugar market size from cosmetic application segment was over USD 35 million in 2020 due to increasing demand for high quality ingredients, shift towards quick acting and high-performance cosmetics. Rapidly growth of aging solutions will likely propel product penetration.
Industry players in Asia Pacific are rapidly moving towards adopting rare sugar solutions in cosmetics preparations as it helps to market their product to wide consumer base. Rising inclination towards luxury cosmetics in the region fueled by increasing disposable income and burgeoning competition in industry. Rare sugar solutions are widely used in manufacturing anti-aging creams, serums, & lotions as they not only aid in quick rejuvenation of skin cells but also improve skin texture.