Tagatose Market

Global Market Study on Tagatose: Increasing Usage in Dietetic Food Products to Drive Market Growth

Introduction

According to World Health Organization, the number of obesity cases has tripled since 1975, and continues to increase at a higher rate. High sugar consumption is among the main factors contributing to obesity.

Rising awareness about the adverse impact of the consumption of high calorie food, including severe diseases such as obesity and heart diseases, has led to the adoption of low carb and low calorie diets.

Food manufacturers are using low-calorie sugar alternatives such as tagatose to offer products that fit within the requirements of these healthy diets. Furthermore, tagatose has a low glycemic index, which makes it suitable for use in dietetic foods. These factors are projected to drive the global tagatose market over the forecast period.

  • Damhert Nutrition, a tagatose-based manufacturer, introduced several low carb meal replacement products such as chocolate shakes and caramel shakes that contain tagatose.

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Companies

  • Damhert Nutrition NV
  • CJ Cheiljedang Corporation
  • Bonumose LLC
  • Silver Fern
  • Santa Cruz Biotechnology, Inc.
  • TCI Chemicals (America) Pvt. Ltd. Almazaras de la Subbetica
  • Zhejiang Yixin Pharmaceutical Co., Ltd.
  • Living Fuel, Inc.
  • Sukrin
  • Richest Group

Food for Diabetics' Trend to Boost Demand for Tagatose

According to the World Health Organization, diabetes is one of the most common causes of death. Antidiabetic food products are rapidly gaining traction on a global scale, attributable to the rising cases of diabetes. This has led to a marked increase in the introduction of food products with an antidiabetic claim.

Growing concerns regarding diabetes are influencing consumers to gradually move toward the consumption of antidiabetic food products. Between 2014 to 2018, global antidiabetic product launches registered an average annual growth of 39%.

Food manufacturers are shifting from the use of sugar to the use of low-calorie sugar substitutes such as tagatose, which may lower the consumer’s blood sugar and insulin response. This antidiabetic property of tagatose also increases its use in the pharmaceuticals industry, thereby catalyzing the growth of the global tagatose market.

  • Damhert Nutrition offers a sugar-free chocolate pasta with the addition of tagatose. The product contains 41.5% d-tagatose with less caloric content, which makes it a perfect antidiabetic food product.

tagatose market

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Regional Landscape of Global Tagatose Market

East and South Asia are projected to witness high growth rates in the global tagatose market during the forecast period of 2019-2029, attributable to increasing per-capita food expenditure coupled with rapid urbanization in these two regions.

Increasing cases of diabetes and several heart diseases as a result of excess consumption of sugar have led to the adoption of tagatose in South Asia. East Asia is also expected to register higher consumption of sugar substitutes, including tagatose.

Europe and North America account for a significant market value share in the tagatose market, owing to the higher production outlook of tagatose in these regions. Europe has a large number of tagatose manufacturers as well as a stronger consumer base as compared to other region.

Several companies in Europe also offers tagatose-based snacks and meals, which has increased tagatose consumption in this region. North America is also expected to hold noteworthy share in the global tagatose market, attributable to the positive consumer perception toward low-calorie sugar substitutes.

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Analysts’ Viewpoint

The global tagatose market is witnessing substantial growth, with South Asia and East Asia anticipated to experience considerable growth during the forecast period of 2019-2029. Growing awareness regarding the health benefits of lowering the consumption of sugar and shifting to sugar alternatives are expected to contribute to the growth of global tagatose market in the foreseeable future.

Leading market players such as Damhert Nutrition NV, Ltd. and CJ Cheiljedang Corporation are strategically focusing on business expansion in overseas territories to strengthen their position in the global tagatose market. Increasing production capacity and improvement of supply chain are other strategies being adopted by key players in the global tagatose market.

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Key Segments of Global Tagatose Market

PMR’s report on the global tagatose market offers information divided into four segments - form, application, distribution channel, and region.

Form

  • Liquid
  • Powder

Application

  • Food and Beverages
    • Confectionery
    • Dairy & Desserts
    • Snacks
    • Beverages
  • Pharmaceuticals
  • Personal Care
  • Retail

Distribution Channel

  • Business to Business
  • Business to Consumer
    • Hypermarkets/Supermarkets
    • Specialty Stores
    • Online Retail

Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa

Key Questions Answered in PMR’s Global Tagatose Market

  • Which region will hold the highest market share in the global tagatose market during the forecast period?
  • Which region is experiencing the highest growth (CAGR)?
  • Which factors are impacting the global tagatose market?
  • Which are the global trends impacting the tagatose market?
  • What strategies must emerging players adopt to capture opportunities in various regions in the tagatose market?
  • What is the market structure of the global tagatose market?

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