Global Tagatose Market Report and Forecast 2024-2032

Global Tagatose Market Outlook

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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Rising Demand from the Asia Pacific to Drive the Growth of the Tagatose Market

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.

Rising Demand for Low Calorie Foods Aiding the Tagatose Market Growth

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: Market Segmentation

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:

• L-Tagatose 
• D-Tagatose

Based on forms, the industry can be segmented into:

• Liquid 
• Powder

The applications of the product include the following:

• Food and Beverages 
• Pharmaceutical 
• Personal Care 
• Retail 
• Others

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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Rising Health Awareness Bolstering the Market Growth

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.

Key Industry Players in the Global Tagatose Market

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:

• Damhert Nutrition NV 
• CJ Cheiljedang Corporation 
• Bonumose LLC 
• Santa Cruz Biotechnology, Inc. 
• Zhejiang Yixin Pharmaceutical Co., Ltd. 
• Others

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.

Key Highlights of the Report