Top Companies in D-Psicose Market by Size, Share, Historical and Future Data & CAGR | Report by Vantage Market Research
D-Psicose Market is projected to reach a value of USD 448.4 Million by 2028 at a CAGR of 28.1% over the forecast period.
The Global D-Psicose Market is anticipated to expand due to the rising incidence of diabetes and obesity, the increasing need for sugar replacements, and the rising demand for functional food items.
The Global D-Psicose Market is valued at USD 101.5 Billion in 2021 and is projected to reach a value of USD 448.4 Billion by 2028 at a CAGR of 28.10% over the forecast period. Around the world, the demand for healthy nutrients is rising quickly. As a result, people are increasingly turning to D-Psicose as an alternative to typical sugar products that is healthier for them. Additionally, food makers' increasing use of allulose worldwide supports the demand for D-psicose. Furthermore, D-Psicose is used more frequently in formulating new products by the food and beverage industries. This is partly because the sugar molecule has many advantages, including sweetness, flavor enhancement, and texture alteration.
The D-Psicose market is dominated by globally established players such as Tate & Lyle PLC (UK), Matsutani Chemical Industry Co. Ltd. (Japan), Samyang Corporation (South Korea), Baolingbao Biology Co. Ltd. (China), CJ CheilJedang Corp. (South Korea), Shandong Saigao Group Corporation (China), Anderson Global Group LLC (US), Shandong Bailong Chuangyuan Bio-tech Co. Ltd. (China), Archer-Daniels-Midland Company (US), Zhucheng Haotian Pharm Co. Ltd. (China), Merck KGaA (Germany), Dezhou Huiyang Biotechnology Co. Ltd. (China), and SAVANNA Ingredients GmbH (Germany) among others. In addition, significant partnerships, mergers, and acquisitions, as well as current innovations and business strategies adopted by leading companies, will assist market expansion.
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Let's Look at the Top Companies That are Taking the D-Psicose Market by Storm
- Tate & Lyle PLC (UK)
Tate & Lyle PLC serves as the holding company for a global group of businesses that manufactures and distributes ingredients and products for the worldwide food, beverage, industrial, and agricultural industries. Nutritive sweeteners, ethanol, industrial starches, acidulants, and animal feed are among the company's product offerings.
- Matsutani Chemical Industry Co. Ltd. (Japan)
This Company manufactures goods for grain mills. The business creates, produces, and markets foods, dietary fiber, and edible starch for specific medical purposes. Matsutani Chemical Industry operates in both the home and foreign markets of Japan.
- Samyang Corporation (South Korea)
Samyang Corporation operates as a diversified company. The Company focuses on chemicals, including engineering plastics with products such as industrial fibers, ion exchange resins, and plastic bottles, and the foodstuffs sector, including sugar, flour, vegetable oils, baking mixes, margarine, and shortening. Samyang Corporation markets its products throughout South Korea.
- Baolingbao Biology Co. Ltd. (China)
Baolingbao Biology Co. Ltd. produces starch-based health and food ingredients. The Company's products include erythritol, isomaltooligosaccharide-900/500, malto-oligosacchardie, isomaltitol L-glutamine, xylo-oligosaccharide, indigestible dextrin, polydextrose, beta-cyclodextrin, fructo-oligosaccharide, high fructose corn syrup, dextrose monohydrate, and liquid glucose.
- CJ CheilJedang Corporation (South Korea)
This company creates processed food items. The company's offerings include refined sugar, condiments, wheat powder, monosodium glutamate (MSG), processed meats, flour, cooking oil, and animal feed. Additionally, CJ CheilJedang produces household and pharmaceutical goods.
- Anderson Global Group LLC (US)
Anderson Global Group LLC is an enterprise that produces tools. The business offers services for production tooling, prototyping, and bespoke design. Customers of Anderson Global are located in Michigan.
- Shandong Bailong Chuangyuan Bio-Tech Co. Ltd. (China)
This Company creates dietary supplements. The company makes different products, including the sugar alcohol series, starch sugar series, special sugar series, oligose series, and series of dietary fiber. Additionally, Shandong Bailong Chuangyuan Bio-Tech runs enterprises in import and export.
- Archer-Daniels-Midland Company (US)
This Company procures, stores, transports, and merchandises agricultural goods. The company processes oilseeds, milo, oats, barley, corn, peanuts, and wheat. In addition, Archer-Daniels-Midland processes and produces goods that are generally used as ingredients for food or animal feed.
- Zhucheng Haotian Pharmaceutical Co. Ltd. (China)
This Company makes and distributes pharmaceutical goods. The company manufactures inositol, baicalensis, and other goods.
- SAVANNA Ingredients GmbH (US)
Savannah International Co. is located in the United States. Sugar syrup and raw cane sugar purchased by the company are refined.
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