Industry Background:
Tagatose also known as D-tagatose or pseudo-fructose is a sweetener based on its properties as a monosaccharide. This is often found in dairy products naturally occurring ketohexose, an epimer of isomerized D-fructose. It is around 90% of sweet ad sucrose in a 10% aqueous solution and contains around 1.5 calories per gram while sugar provides around 3.9 calories per gram. It has a very low effect on blood glucose and insulin levels as compared to sugar. The demand for tagatose is growing with the rise in awareness for products dealing with issues such as obesity curtailment and nutritive advantage.This growth is primarily driven by Rising Demand for Natural Sweeteners Due To Growing Inclination Of Consumers Towards Natural Products
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Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | K Units |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Consumer Goods sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Ajinomoto Co. Inc. (Japan), Archer Daniels Midland Company (United States), Cargill Incorporation (United States), E. I. du Pont de Nemours and Company (United States), MacAndrews & Forbes Incorporated (United States), Ingredion Incorporation (United States), JK Sucralose Incorporation (China), PureCircle Ltd. (Malaysia), Roquette Freres S.A. (France) and Tate & Lyle PLC (United Kingdom), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On August 25, 2023, Damhert Nutrition, a leading D-Tagatose manufacturer, announced a strategic partnership with CJ Cheiljedang Corporation to expand their D-Tagatose business in Asia. The partnership will focus on developing new D-Tagatose applications and expanding market reach in the region.
On November 10, 2023, Alfa Aesar, a manufacturer of specialty chemicals, announced the launch of its new food-grade D-Tagatose product, D-Tagatose FG. The new product is designed for use in a variety of food and beverage applications, including beverages, confectionery, and baked goods.The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Influencing Trend:
Rising Awareness and Changing Consumer Patterns for Low-Calorie Food Products and Ambiguity Whether Consumption of Sugar Substitutes Causes Health Problem
Market Growth Drivers:
Rising Demand for Natural Sweeteners Due To Growing Inclination Of Consumers Towards Natural Products, Increasing Awareness & Preference for Low-Caloric Food and Beverage Products and Growing Demand From Food and Beverage Industry
Challenges:
Adherence To The International Quality Standards and Uncertainty In Effects Of Sugar Substitutes
Restraints:
Strict Regulations For Sugar Substitute Products
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of D-Tagarose Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of D-Tagarose Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of D-Tagarose players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, D-Tagarose Study Sheds Light on
The D-Tagarose Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the D-Tagarose industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where D-Tagarose industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.