Market Overview:
The global functional sugar market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for healthy food and beverages, rising awareness about the benefits of functional sugar, and growing demand for dietary supplements. However, the high cost of functional sugar may restrain the growth of this market during the forecast period. On the basis of type, oligosaccharide is expected to be a key segment in this market during the forecast period. This can be attributed to its various health benefits such as improved gut health and enhanced absorption of nutrients.
Product Definition:
Functional sugar is a type of sugar that has been chemically modified to have a specific function, such as being soluble in water or being resistant to digestion. Functional sugars are often used in food products to improve texture, taste, and shelf life.
Oligosaccharide:
Oligosaccharide is a short-chain carbohydrate, generally found in vegetables and dairy products. It can be synthesized chemically or obtained from plant sources. Oligosaccharides are known to have prebiotic effects; that is, they promote the growth of beneficial bacteria in the human gut and help maintain a healthy balance of intestinal microflora.
Inulin:
Inulin is a type of polydextrose. It is a soluble fiber that remains unaffected by digestive enzymes and therefore boosts the slow-release of sugar into the bloodstream. The product has been gaining popularity as an alternative to conventional sugar, which can help reduce or prevent high blood pressure, heart disease, obesity, and diabetes among other health conditions.
The global functional sugar market size was valued at USD 531 million in 2016.
Application Insights:
Food & beverage was the largest application segment in 2016 and is expected to witness a CAGR of XX% from 2017 to 2030. The product has numerous applications in food processing, including salad dressings, toppings, sauces, soups and gravies as well as functional foods. It can be used alone or in combination with other ingredients; its high sweetness makes it suitable for use in desserts and confectionery products.
Functional sugars are also widely used as flavor enhancers for processed meat such as ham and sausages among others due to their sweetening properties without adding calories or sugar content to food items.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for a share of more than 30%. The region is expected to witness significant growth over the forecast period owing to rising disposable income, changing lifestyles, and increasing health concerns among consumers. In addition, growing demand for functional foods & beverages with improved digestive benefits is anticipated to drive industry expansion.
Europe also held a substantial share in the global arena in terms of volume as well as revenue. However, it is expected that this region will lose out on its market share due to growing competition from other regions especially from Asia Pacific during the forecast period.
Growth Factors:
- Increasing demand for healthy and functional food products
- Rising awareness about the benefits of functional sugar among consumers
- Growing demand for natural and organic sweeteners
- Proliferation of new product launches containing functional sugar
- Expansion of distribution channels for functional sugar products
Scope Of The Report
Report Attributes
Report Details
Report Title
Functional Sugar Market Research Report
By Type
Oligosaccharide, Inulin, Sugar Alcohols, Others
By Application
Food & Beverage, Dietary Supplements, Pharmaceutical, Others
By Companies
FrieslandCampina, Baolingbao, QHT, Beghin Meiji, Nikon Shikuhin KaKo, Ingredion, Nissin-sugar, Yakult, Orafit, Longlive, Taiwan Fructose, YIBIN YATAI, NFBC, Roquette, ADM, Global Sweeteners Holding, Shandong Tianli Pharmaceutical, PT AKR Corporindo, Lihua Starch, Xylem Inc, Cosucra, Xirui, Qinghai Weide, Danisco, Futaste, Huakang, Yuxin Xylitol Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Functional Sugar Market Report Segments:
The global Functional Sugar market is segmented on the basis of:
Types
Oligosaccharide, Inulin, Sugar Alcohols, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food & Beverage, Dietary Supplements, Pharmaceutical, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- FrieslandCampina
- Baolingbao
- QHT
- Beghin Meiji
- Nikon Shikuhin KaKo
- Ingredion
- Nissin-sugar
- Yakult
- Orafit
- Longlive
- Taiwan Fructose
- YIBIN YATAI
- NFBC
- Roquette
- ADM
- Global Sweeteners Holding
- Shandong Tianli Pharmaceutical
- PT AKR Corporindo
- Lihua Starch
- Xylem Inc
- Cosucra
- Xirui
- Qinghai Weide
- Danisco
- Futaste
- Huakang
- Yuxin Xylitol Technology
Highlights of The Functional Sugar Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Oligosaccharide
- Inulin
- Sugar Alcohols
- Others
- By Application:
- Food & Beverage
- Dietary Supplements
- Pharmaceutical
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Functional Sugar Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Functional sugar is a type of sugar that has been specifically designed to provide benefits to the body. These benefits can include improved blood flow, increased energy levels, and better cognitive function.
Some of the major players in the functional sugar market are FrieslandCampina, Baolingbao, QHT, Beghin Meiji, Nikon Shikuhin KaKo, Ingredion, Nissin-sugar, Yakult, Orafit, Longlive, Taiwan Fructose, YIBIN YATAI, NFBC, Roquette, ADM, Global Sweeteners Holding, Shandong Tianli Pharmaceutical, PT AKR Corporindo, Lihua Starch, Xylem Inc, Cosucra, Xirui, Qinghai Weide, Danisco, Futaste, Huakang, Yuxin Xylitol Technology.
The functional sugar market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Functional Sugar Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Functional Sugar Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Functional Sugar Market - Supply Chain
4.5. Global Functional Sugar Market Forecast
4.5.1. Functional Sugar Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Functional Sugar Market Size (000 Units) and Y-o-Y Growth
4.5.3. Functional Sugar Market Absolute $ Opportunity
5. Global Functional Sugar Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Functional Sugar Market Size and Volume Forecast by Type
5.3.1. Oligosaccharide
5.3.2. Inulin
5.3.3. Sugar Alcohols
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Functional Sugar Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Functional Sugar Market Size and Volume Forecast by Application
6.3.1. Food & Beverage
6.3.2. Dietary Supplements
6.3.3. Pharmaceutical
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Functional Sugar Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Functional Sugar Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Functional Sugar Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Functional Sugar Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Functional Sugar Demand Share Forecast, 2019-2026
9. North America Functional Sugar Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Functional Sugar Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Functional Sugar Market Size and Volume Forecast by Application
9.4.1. Food & Beverage
9.4.2. Dietary Supplements
9.4.3. Pharmaceutical
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Functional Sugar Market Size and Volume Forecast by Type
9.7.1. Oligosaccharide
9.7.2. Inulin
9.7.3. Sugar Alcohols
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Functional Sugar Demand Share Forecast, 2019-2026
10. Latin America Functional Sugar Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Functional Sugar Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Functional Sugar Market Size and Volume Forecast by Application
10.4.1. Food & Beverage
10.4.2. Dietary Supplements
10.4.3. Pharmaceutical
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Functional Sugar Market Size and Volume Forecast by Type
10.7.1. Oligosaccharide
10.7.2. Inulin
10.7.3. Sugar Alcohols
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Functional Sugar Demand Share Forecast, 2019-2026
11. Europe Functional Sugar Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Functional Sugar Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Functional Sugar Market Size and Volume Forecast by Application
11.4.1. Food & Beverage
11.4.2. Dietary Supplements
11.4.3. Pharmaceutical
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Functional Sugar Market Size and Volume Forecast by Type
11.7.1. Oligosaccharide
11.7.2. Inulin
11.7.3. Sugar Alcohols
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Groth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Functional Sugar Demand Share, 2019-2026
12. Asia Pacific Functional Sugar Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Functional Sugar Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Functional Sugar Market Size and Volume Forecast by Application
12.4.1. Food & Beverage
12.4.2. Dietary Supplements
12.4.3. Pharmaceutical
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Functional Sugar Market Size and Volume Forecast by Type
12.7.1. Oligosaccharide
12.7.2. Inulin
12.7.3. Sugar Alcohols
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Functional Sugar Demand Share, 2019-2026
13. Middle East & Africa Functional Sugar Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Functional Sugar Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Functional Sugar Market Size and Volume Forecast by Application
13.4.1. Food & Beverage
13.4.2. Dietary Supplements
13.4.3. Pharmaceutical
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Functional Sugar Market Size and Volume Forecast by Type
13.7.1. Oligosaccharide
13.7.2. Inulin
13.7.3. Sugar Alcohols
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Functional Sugar Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Functional Sugar Market: Market Share Analysis
14.2. Functional Sugar Distributors and Customers
14.3. Functional Sugar Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. FrieslandCampina
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Baolingbao
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. QHT
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Beghin Meiji
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Nikon Shikuhin KaKo
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ingredion
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Nissin-sugar
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Yakult
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Orafit
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Longlive
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Taiwan Fructose
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. YIBIN YATAI
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. NFBC
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Roquette
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. ADM
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Global Sweeteners Holding
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Shandong Tianli Pharmaceutical
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. PT AKR Corporindo
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Lihua Starch
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Xylem Inc
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook