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The global tagatose market is being driven by the rising health consciousness among the consumers. The market is expected to grow at a CAGR of about 4.7% in the forecast period of 2024-2032.
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In the forecast period, the Asia Pacific is expected to present lucrative growth opportunities for the growth of the market. East and South Asian regions, in particular, are expected to experience high growth rates in the market due to the growth of the per capita food expenditure, combined with growing urbanisation in the two regions. The rising cases of diabetes as well as other cardiovascular diseases caused by excessive sugar intake have further contributed to growth of the tagatose in South and East Asia. The growing awareness of sugar substitutes such as tagatose has also enables the heightened growth of the tagatose market in the Asia Pacific region.
The overall tagatose market is being aided by the rising adoption of low calorie diets due to the increasing understanding of the detrimental effects of the frequent consumption of high-calorie food, which can result in diseases like obesity and heart disease. Thus, food manufacturers are introducing products with low calorie sugar substitutes, such as tagatose. Tagatose has a low glycaemic index, which makes it ideal for use in diet foods. Additionally, unlike sugar, it is non-cariogenic, which is further contributing to the market growth.
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Tagatose is a crystalline ketohexose sugar, which is naturally present in D form, such as in the gum from the Sterculia Setigera tree of western Africa and in various dairy products. It is commercially produced from lactose and is used as a sweetener, stabiliser, texturiser, humectant, and formulation aid.
Based on type, the industry can be divided into the following:
Based on forms, the industry can be segmented into:
The applications of the product include the following:
The regional tagatose markets can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The increasing awareness of the positive effects on health that are multiplied by the lowering consumption of sugar as well as the rising consumer transition towards sugar substitutes are anticipated to contribute to global growth of the tagatose industry in the forecast period. The intake of sucrose substitutes, including stevia, aspartame, sorbitol, maltitol, neotame, and D-tagatose involves no or low calorie amounts and, therefore, does not contribute to tooth decay or a cavity. The rising demand for such sugar substitutes from diabetic patients, combined with the rising health consciousness among the general consumers, are significantly supporting the market growth. The market is also expected to be aided by the rising implementation of regulations like the Sugar Tax, which actively discourage the high consumption of sugary foods and beverages.
The report gives a detailed analysis of the following key players in the global tagatose market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Form |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The tagatose market is projected to grow at a CAGR of 4.7% between 2024 and 2032.
The major drivers of the global tagatose market, such as rising disposable incomes, increasing population, increasing health awareness, growing per capita food expenditure, rising demand from the developing regions, and increasing preference for sugar substitutes, are expected to aid the industry growth.
The key trend guiding the growth of the market includes the introduction of favourable government regulations discouraging the consumption of sugar.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major types of tagatose in the industry are L-tagatose and D-tagatose.
The leading forms of the product in the industry are liquid and powder.
The significant application segments of the product in the industry are food and beverages, pharmaceutical, personal care, and retail, among others.
The major players in the industry are Damhert Nutrition NV, CJ Cheiljedang Corporation, Bonumose LLC, Santa Cruz Biotechnology, Inc., and Zhejiang Yixin Pharmaceutical Co., Ltd., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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