Global Lactosucrose Market Size By Type (Type I, Type II, Type III, and Type IV), By Application (Food Industry, Healthcare Products, and Pharmaceutical Industry), By Geographic Scope And Forecast
Published on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Lactosucrose Market Size By Type (Type I, Type II, Type III, and Type IV), By Application (Food Industry, Healthcare Products, and Pharmaceutical Industry), By Geographic Scope And Forecast
Lactosucrose Market Size And Forecast
Lactosucrose Market size was valued at USD 343.5 Million in 2021 and is projected to reach USD 590.2 Million by 2030, growing at a CAGR of 6.2% from 2023 to 2030.
Major factors which are driving the Lactosucrose Market growth globally, include the rise in demand for Lactosucrose in the worldwide food industry, healthcare sector, pharmaceutical industry, and other applications. The Global Lactosucrose Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Lactosucrose Market Definition
A low-calorie sweetener made from lactose and sucrose, Lactosucrose. The two sugars are combined using the enzyme beta-galactosidase to create it. As Lactosucrose has a similar flavour profile to sucrose (table sugar) and is roughly 30% sweeter, it can be used in place of sugar in a variety of foods and beverages. Natural sweetener Lactosucrose is regarded as safe for eating. In a number of nations, including Japan, Korea, and Canada, it has received approval for use. It can be used in food and beverage products in the US because it is now categorised as Generally Recognized As Safe (GRAS) by the Food and Drug Administration (FDA).
One of Lactosucrose’s distinctive qualities is that it has prebiotic properties, which means it can encourage the development of good bacteria in the stomach. As a result, Lactosucrose has drawn more attention as a useful food and dietary supplement ingredient. Increasingly, Lactosucrose is utilised in a variety of foods and beverages, including dairy products, baked goods, and beverages. It also has additional uses, including dental care items and medications.
In general, Lactosucrose is a potential sweetener with a number of advantages, such as its low-calorie content, natural origin, and prebiotic effects. It is therefore anticipated to see tremendous expansion in the upcoming years.
Global Lactosucrose Market Overview
Lactosucrose is increasingly demanded due to the high demand for low-calorie sweeteners. Many people are looking for healthier substitutes as they become more aware of the dangers that excessive sugar consumption poses to their health. A technique to save calories without compromising flavour is by using low-calorie sweeteners like Lactosucrose. Various consumers are looking for solutions to manage their weight due to the rise in obesity rates around the world.
For people who wish to consume fewer calories while still enjoying sweet meals and beverages, low-calorie sweeteners are a popular option. Diabetes patients must carefully control their blood sugar levels since too much sugar can be harmful to their health. People with diabetes may be able to safely and effectively fulfil their sweet desires using low-calorie sweeteners without having their blood sugar levels rise. In addition, the food and beverage sector is expanding significantly, which is driving up the need for sweeteners.
As their use in various food and beverage items increases, low-calorie sweeteners like Lactosucrose are in more demand. With a sweetness level close to sucrose, Lactosucrose is a low-calorie sweetener. Because of this, it is increasingly employed as a sugar substitute in a variety of food and beverage products. Furthermore, the prebiotic effects of Lactosucrose have been reported to encourage the formation of healthy bacteria in the stomach, among other health advantages.
As a result, there is now greater demand for Lactosucrose as a nutritional supplement and food ingredient. Although Lactosucrose is a promising sweetener, its limitations must be taken into account when deciding whether to utilise it in food and beverage products. Lactosucrose is not yet produced on a large scale and is not easily accessible. Because of this, it could be challenging for food and beverage producers to add it to their goods.
Also, Lactosucrose is regarded as safe and typically well-tolerated, some people may develop digestive problems such as bloating, gas, and diarrhoea when ingesting it in high amounts, which is limiting the market expansion. However, Lactosucrose-containing food and drink products are constantly being developed by manufacturers. Because of the fact that businesses are looking for fresh and inventive methods to include this sweetener in their products, this is opening up new potential for the Lactosucrose Market.
Global Lactosucrose Market Segmentation Analysis
The Global Lactosucrose Market is segmented on the basis of Type, Application, And Geography.
Lactosucrose Market, By Type
- Type I
- Type II
- Type III
- Type IV
On the basis of Type, The market is divided into Type I, Type II, Type III, and Type IV. The most structurally homogenous form of Lactosucrose is type IV Lactosucrose, also referred to as “highly-purified Lactosucrose”. In comparison to other varieties, it has increased solubility and a higher level of sweetness, making it a perfect ingredient for usage in a variety of food and beverage items. It is frequently used in foods like low-fat dairy and baked goods where it can provide sweetness and enhance mouthfeel and texture.
Lactosucrose Market, By Application
- Food Industry
- Healthcare Products
- Pharmaceutical Industry
- Others
On the basis of Application, The market is divided into Food Industry, Healthcare Products, and Pharmaceutical Industry. Lactosucrose is widely employed in the pharmaceutical industry as an excipient, which is an inactive component used to deliver an active ingredient in a drug. It can increase the stability, solubility, and bioavailability of drugs. In the upcoming years, the pharmaceutical industry’s need for Lactosucrose is anticipated to rise as well due to the rising demand for functional excipients.
Lactosucrose Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
On the basis of Geography, The Global Lactosucrose Market is segmented on the basis of geography into North America, Europe, Asia Pacific, Rest of the World. The biggest market share is held by North America. There is a rising demand for Lactosucrose in North America for a number of reasons.
The growing consumer demand for natural and low-calorie sweeteners in food and beverage items is one of the key drivers of demand. Lactosucrose is a great substitute for regular sugar and artificial sweeteners because it is a natural sweetener and has a low-calorie count. Furthermore, Lactosucrose has prebiotic qualities, which means it can encourage the development of healthy gut bacteria.
As a result, Lactosucrose has drawn more attention as a useful food and dietary supplement ingredient. Ultimately, thanks to technological developments in the food and beverage sector, producers in North America now have easier access to Lactosucrose production on a bigger scale and at a cheaper cost.
Key Players
The “Global Lactosucrose Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are MeleiGmbH, Slvay, Morinaga Milk Industry Co. Ltd, Inalco SpA, Canlac, and Dandong Kangfu Pharmaceutical.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the global Lactosucrose Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behaviour of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the global Lactosucrose Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2018-2030 |
BASE YEAR | 2021 |
FORECAST PERIOD | 2023-2030 |
HISTORICAL PERIOD | 2018-2020 |
UNIT | Value (USD Million) |
KEY COMPANIES PROFILED | MeleiGmbH, Slvay, Morinaga Milk Industry Co. Ltd, Inalco SpA, Canlac, and Dandong Kangfu Pharmaceutical. |
SEGMENTS COVERED |
|
CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
Top Trending Reports
Research Methodology of Market Research
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
Customization of the Report
• In case of any please connect with our sales team, who will ensure that your requirements are met.