The D-psicose Market is expected to reach $438.1 million by 2029, at a CAGR of 28.6% during the forecast period of 2022 to 2029. The growth of this market is driven by factors such as the rising demand for sugar substitutes, the increasing demand for functional food products, and the growing prevalence of diabetes and obesity. Moreover, the rising demand for low-calorie sweeteners among end-user industries, rising number of approvals in emerging economies, and increasing R&D activities to develop sugar-free products are expected to provide market players with significant growth opportunities.
Furthermore, the rising demand for clean label products and the increasing adoption of healthy lifestyles are major trends influencing the growth of this market. However, stringent government regulations and the adverse health impacts associated with D-psicose are expected to restrain the growth of this market.
Here are the top 10 companies operating in the D-psicose Market
Founded in 1921 and headquartered in London, U.K., Tate & Lyle provides ingredients and solutions to food & beverage and other industries. The company operates through three segments: Food & Beverage Solutions, Sucralose, and Primary Products. The company offers D-psicose, including sweeteners, texturants, fibers, food stabilizers, acidulants, industrial starches, savory ingredients, sodium reduction, and oat ingredients through its Food & Beverage Solutions segment. The company’s Primary Products segment offers bulk sweeteners, industrial starches, acidulants, and animal nutrition. Tate & Lyle offers its products to beverages, dairy, bakery & snacks, soups, sauces & dressings, confectionery, personal care, animal feed, and industrial companies.
With 60 sites, subsidiaries, and a strong distribution network in more than 140 countries, the company has its geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. As of March 2021, the company had a headcount of 4,400 employees worldwide.
Matsutani Chemical Industry Co., Ltd. (Japan)
Established in 1937 and headquartered in Hyogo, Japan, Matsutani is mainly involved in the R&D and manufacturing of starch products. The company’s product portfolio includes rare sugars, maltodextrins, allulose, and soluble dietary fiber. The company offers its products to the bakery, brewing, ice-cream & frozen desserts, and confectionery industries. In December 2018, Ingredion Incorporated partnered with Matsutani Chemical Industry Co., Ltd. (Japan) to manufacture ASTRAEA Allulose and market it across the Americas.
With its subsidiaries and a strong distribution network, the company has its geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. As of 2021, the company had a headcount of 350 employees worldwide.
Samyang Corporation (South Korea)
Founded in 1924 and headquartered in Seoul, South Korea, Samyang Corporation is a chemicals and food ingredients serving company. The company is involved in providing sugars, flour, cooking oils, engineering plastics, and resins. The company mainly operates through two business segments: Food and Chemical. The company offers sugar, flour, cooking oils, premixes, margarine & shortening, olive oil & grapeseed oil, bakery ingredients, and high sweetness sweeteners through its Food segment. The Chemical segment offers engineering plastics, ion exchange resins, and photoresists. The company’s offerings cater to the food, pharmaceutical, automotive, electrical, medical, and security industries.
With subsidiaries and a strong distribution network, the company has its geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Baolingbao Biology Co., Ltd. (China)
Founded in 1997 and headquartered in Shandong, China, Baolingbao Biology Co., Ltd. is involved in R&D, manufacturing, and solution services of biological (poly) sugars and functional sugars. The company also offers sugar alcohol. Baolingbao Biology, in cooperation with the Chinese Academy of Sciences, Jiangnan University, Shandong University, and other colleges and universities, is focused on enzyme engineering, fermentation engineering, and protein engineering and owns 64 national patents and more than 70 self-owned core technologies for the development of new products.
The company’s product portfolio includes prebiotics, sugar alcohols, new sugar sources, dietary fiber, starch & modified starch, starch sugar, and animal nutrition. It offers allulose through its Sugar Alcohols and New Sugar Product segment. The company offers its products to the food & beverage, pharmaceutical, animal feed, and cosmetics industries.
The company has its geographic presence across North America, Asia-Pacific, Latin America, and the Middle East & Africa.
CJ CheilJedang Corp. (South Korea)
Founded in 1953 and headquartered in Seoul, South Korea, CJ CheilJedang is mainly involved in manufacturing food cultures. The company operates through two segments: Food and Bio. Its Food segment involves home meal replacement, meat, fishery processing, seasoning, sauces, health food, ginseng beverage, sweetener, flour, oil, seaweed, dessert, and snacks. The Bio segment offers feed amino acids, plant-based high protein, food amino acids, food additives, and livestock. The company offers its products to the food and animal feed industries.
With a strong distribution network in more than 15 countries, the company has its geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. As of December 2020, the company had a headcount of 6,844 employees globally.
Meticulous Research in its latest publication on D-psicose Market has predicted the growth of 28.6% during the forecast year 2022-2029.
Shandong Saigao Group Corporation (China)
Established in 2005 and headquartered in Shandong Province, China, Shandong Saigao Group Corporation specializes in the design, R&D, processing and manufacturing, sales, and export of functional sugars and pharmaceutical intermediates. The company’s product portfolio includes soluble dietary fiber, oligosaccharides, sugar alcohol series, soy products, starch sugar series, low calories sweeteners, vitamins, plant extracts, and allulose. The company offers its products to food and beverage, nutrition, bakery & snacks, dairy, and other industries.
The company has its geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Anderson Global Group, LLC (U.S.)
Founded in 1989 and headquartered in California, U.S., Anderson Global Group, LLC is mainly involved in manufacturing functional food and nutraceutical ingredients. The company’s product portfolio features brands such as FiberSMART, AllSWEET, MctSMART, CherryPURE, and GuaranaSOL. The company provides D-psicose through its brand AllSWEET in syrup and powder form for application in food & beverages. It offers its products to the food and nutraceutical industries.
With its business sites in 5 countries, the company has its geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Archer-Daniels-Midland Company (U.S.)
Founded in 1902 and headquartered in Illinois, U.S., ADM is engaged in providing flavors and ingredients to food & beverages, livestock, animal nutrition, and health supplements companies. It converts corn, oilseeds, wheat, and cocoa into products for food, animal feed, chemical, and energy uses. The company operates through four business segments: Agriculture Services and Oilseeds, Carbohydrate Solutions, Nutrition, and Other. The company offers D-psicose (allulose), including sweeteners, corn and wheat starches, syrup, glucose, wheat flour, and dextrose through its Carbohydrate Solutions segment.
With around 450 crop procurement locations, 271 ingredient manufacturing facilities, and 44 innovation centers, the company offers its products to customers in more than 200 countries worldwide. As of December 2020, the company had a headcount of more than 39,000 employees globally.
Shandong Bailong Chuangyuan Bio-tech Co., Ltd. (China)
Founded in 2005 and headquartered in Shandong, China, Shandong Bailong Chuangyuan Bio-Tech Co., Ltd is engaged in R&D, production, and sales of functional sugars, dietary fibers, and prebiotics. The company’s product portfolio includes fructooligosaccharide, isomalto-oligosaccharide, xylo-oligosaccharide, polydextrose, resistant dextrin, allulose, and galactoligosaccharide. The company provides allulose in powder, syrup, and crystalline forms. The company’s offerings cater to the food, functional beverages, medicine, health products, feed, and baby food industries.
The company has its geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. As of 2020, the company had a headcount of 500 employees globally.
Zhucheng Haotian Pharm Co., Ltd (China)
Founded in 1999 and headquartered in Shandong, China, Zhucheng Haotian Pharm Co., Ltd is mainly involved in the R&D and manufacturing of plant extract products and derivatives. The company’s products include stevia extract, Inositol Hexanicotinate, Tricalcium Phosphate, and Valsartan. SoPure Stevia, the trademarked family of stevia products produced by Zhucheng Haotian Pharm Co., Ltd (“ZCHT”), marketed by Nascent Health Sciences, LLC, is a product line that offers stevia extracts, allulose, and erythritol. The company’s offerings cater to the food & beverage, health supplements, and pharmaceuticals industries.
With a distribution network in more than 60 countries, the company has its geographic presence across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Popular Mentions: Merck KGaA (Germany), Dezhou Huiyang Biotechnology Co., Ltd. (China), and SAVANNA Ingredients GmbH (Germany).
Authoritative Research on the D-psicose Market – Global Opportunity Analysis and Industry Forecast (2022-2029)
Need more information? Meticulous Research®’s new report covers each of these companies in much more detail, providing analysis on the following:
- Recent financial performance
- Key products
- Significant company strategies
- Partnerships and acquisitions
The Comprehensive report provides global market size estimates, market share analysis, revenue numbers, and coverage of key issues and trends.