The global tagatose market size is expected to expand from US$ 155.0 million in 2023 to US$ 243.0 million in 2033. Over the forecast period, global demand for tagatose is projected to grow at a 4.6% CAGR.
Attributes
Key Insights
Estimated Global Tagatose Market Size (2023E)
US$ 155.0 million
Projected Market Value (2033F)
US$ 243.0 million
Value-based CAGR (2023 to 2033)
4.6%
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Increasing customer preference for natural and organic ingredients is predicted to fuel growth of the tagatose market.
The rising trend of using tagatose in dairy and dairy blends will further drive the market.
Rapid urbanization and changing consumer food habits will positively influence tagatose sales.
Surging popularity of sugar-free labeled products will likely create new opportunities for tagatose companies.
Continuous product innovation will play a key role in fostering market development.
Restraining Factors in the Tagatose Market
Problems with the procurement, processing, and distribution of raw materials and other supply chain disruptions may affect the market's capacity to obtain tagatose.
Tagatose's shelf life and stability issues can impact its usage.
The demand for tagatose can be impacted by economic downturns or uncertainties in critical countries, affecting consumer spending patterns and corporate and consumer purchasing decisions.
Tagatose is gaining immense popularity as a food sweetener. It is widely used as a low- or no-calorie substitute for sugar, suitable for consumers' diets. Tagatose is also known for its prebiotic properties, making it preferable for consumers facing gut health issues.
Tagatose is gaining importance as it was tough to produce chocolate earlier without sucrose or sugar. Nowadays, chocolate, confectionery, or any ice cream product can be created using tagatose. Its anhydrous crystalline form, stability, and high melting point make it a perfect and healthy substitute for sugar and sucrose.
Rising awareness about the advantages of tagatose is emerging as a critical factor that will boost the worldwide tagatose market. Tagatose is used as a sugar substitute in a diverse range of food and beverage products and the pharmaceutical industry.
Tagatose is a low-calorie and low glycemic index alternative to traditional sugar. It is getting popular due to increasing health awareness among consumers.
Growing emphasis of manufacturers on product innovation and production processes is expected to trigger tagatose sales. To attract consumers, companies are introducing new and innovative products with low sugar that do not differ in taste.
Companies are also focusing on getting approvals from regulatory bodies. For instance, Bonumose got approval from the USDA and Health Canada for the low-glycemic, rare sugar tagatose in 2022.
Manufacturers of food and beverages are trying to adopt natural and healthy sugar substitutes, including tagatose, in an effort to reduce the amount of sugar in their products. This is because consumers are becoming aware of the potential health risks of artificial sweeteners.
The expanding food and beverage sector is anticipated to raise demand for tagatose during the assessment period. Further, rising interest in low-carbohydrate diets and other health-related trends are expected to increase demand for tagatose as a sugar substitute.
The tagatose market is anticipated to rise faster due to the growing popularity of functional food, which offers additional health benefits. During the assessment period, demand for tagatose as a natural sugar alternative is set to increase due to consumer awareness of the adverse effects of sugar consumption on health.
Find your sweet spots for generating winning opportunities in this market.
2018 to 2022 Global Tagatose Market Insights Vs. 2023 to 2033 Forecast
From 2018 to 2022, the global market for tagatose experienced a CAGR of 3.7%. In the assessment period, the worldwide market for tagatose is forecast to rise at a 4.6% CAGR.
Historical CAGR (2018 to 2022)
3.7%
Forecast CAGR (2023 to 2033)
4.6%
As consumers become health-conscious and seek healthy substitutes for sugar, the demand for tagatose is expected to rise. Besides that, increasing diabetes and other health issues related to sugar consumption will contribute to the market growth.
Tagatose is promoted as a natural sweetener that is healthier than regular sugar and certain artificial sweeteners. The use of tagatose in a variety of food and beverage products, such as dairy, baked goods, and confections, is set to bolster sales through 2033.
Companies are investing in research and development activities concentrated on enhancing tagatose manufacturing procedures and broadening its uses. Efforts are also being made to understand the effects of tagatose on gut health and its potential as a prebiotic.
Requests for regulatory authorization are made in several locations for the use of tagatose as a food additive. The food and beverage industry's adoption and utilization of sweeteners depend on obtaining regulatory permission. Hence, increasing approvals from regulatory bodies will create opportunities for tagatose manufacturers.
Adjacent Markets Overview
The section covers a comparative view of three businesses similar to the tagatose market. As per estimations, the sugar-free sweet market would lead out of the three businesses. The demand for tagatose is set to surge at a CAGR of 4.6% by 2033. The sugar-free sweet and low-calorie sweetener markets are expected to rise at CAGRs of 4.9% and 4.7%, respectively, in 2033.
Tagatose Market:
Attributes
Tagatose Market
CAGR (2023 to 2033)
4.6%
Growth Factor
Growing consumer demand for foods low in calories and sugar is expected to positively impact tagatose sales.
Restraining Factor
Tagatose is costly to produce, which could make it less affordable than other sweeteners.
Key Trends
Several people are switching to sugar-restricted ketogenic diets, creating opportunities for tagatose manufacturers.
Sugar-free Sweet Market:
Attributes
Sugar-free Sweet Market
CAGR (2023 to 2033)
4.9%
Growth Factor
Rising popularity of low-calorie diets, which necessitates sugar-free product consumption, will likely boost the growth of the sugar-free sweet market.
Restraining Factor
The potential rise of sugar-free sweets can be impeded by lack of consumer knowledge.
Key Trends
Sugar-free sweets are becoming increasingly popular amid rising prevalence of diabetes and obesity.
Low-Calorie Sweetener Market:
Attributes
Low-Calorie Sweetener Market
CAGR (2023 to 2033)
4.7%
Growth Factor
Rising awareness about several health problems, including diabetes and obesity, is expected to drive demand for low-calorie sweeteners.
Restraining Factor
Consumer preferences for alternative sweeteners may have an effect on the market, depending on things like affordability and health benefits.
Key Trends
Competitors are trying to improve their product offerings by including low-calorie sweeteners like natural and cholesterol-free stevia in their product line.
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Country-wise Insights
The table below highlights the anticipated growth rates of different countries. Among these, the United States is expected to remain a highly lucrative market for tagatose, exhibiting a CAGR of 4.9%. Japan and India are anticipated to follow with CAGRs of 4.0% and 4.1%, respectively.
Countries
Value-based CAGR
United States
4.9%
United Kingdom
3.9%
China
3.6%
India
4.1%
Japan
4.0%
Consumers Diet Restrictions Fueling Sales of Tagatose in the United Kingdom
The United Kingdom tagatose market is expected to reach a valuation of US$ 12.4 million by 2033. It will likely hold a prominent value share of around 24.5% in the Europe tagatose market.
In the United Kingdom, consumers are becoming conscious about their sugar intake and are seeking substitutes that can provide sweetness without excessive calories. This is increasing the demand for sugar substitutes like tagatose in the United Kingdom.
Food manufacturers in the United Kingdom have started using tagatose as a sweetener to reduce calories and maintain the same taste. This increases the use of tagatose in confectionery products such as chocolates, candies, and ice creams.
Tagatose is becoming an ideal option for consumers seeking affordable natural sugar substitutes. This is due to tagatose's low cost compared to other sweeteners like Splenda and stevia.
Increasing number of individuals following Keto and other carb diets is expected to boost sales of tagatose in the United Kingdom. This is because these people refrain from consuming traditional sugars and are inclined towards sugar substitutes like tagatose.
Approval from Regulatory Bodies Driving Demand in the United States
The United States tagatose industry is poised to exhibit a CAGR of 4.9% during the assessment period. By 2033, the United States market is expected to reach US$ 32.1 million. This is attributable to rising preference for low-calorie sweeteners and increasing approvals from regulatory bodies.
Unlike other sugar substitutes, tagatose is approved by the U.S. Food and Drug Administration and GRAS (Generally Recognized as safe). This adds credibility amongst consumers who prefer using ingredients certified safe by regulatory bodies, thereby driving tagatose demand.
The market for sugar-free sweeteners, including tagatose, is expanding rapidly across the United States. This is because consumers in the United States are choosing sugar-free lifestyles for weight management and blood sugar control.
Tagatose-based products like sugar-free beverages are broadly offered in supermarkets and online stores in the United States. This makes them more accessible to consumers and will boost tagatose-based product sales revenue in the country.
Increasing Prevalence of Diabetes Creating Growth Prospects in India
Tagatose demand in India is anticipated to rise at a CAGR of 4.1% during the forecast period. By 2033, India is likely to hold a market share of 31.3% in the South Asia tagatose market. This is attributable to growing incidence of diabetes and other health problems due to sugar consumption.
In India, consumers are shifting towards healthy lifestyle choices as they become health conscious. They have started opting for sugar alternatives like tagatose, which is expected to boost the target market.
Tagatose offers sweetness similar to sugar and contains fewer calories. This is making it a preferred choice among health-conscious populations and fueling its demand.
In India, diabetes is a significant health concern, which is leading to an increase in demand for sugar-free products tremendously. As tagatose has a negligible effect on blood sugar levels and is not glycaemic, it is a suitable alternative for individuals with diabetes.
The beverage industry in India is booming due to consumers changing preferences and increased disposable income. Tagatose is widely used to make low-calorie drinks and desserts, which attracts health-conscious consumers as well.
Key tagatose manufacturers in India have been constantly working to market their products to reach as several potential customers as possible. These factors are integral to the growing tagatose sales in the Indian market.
Rising Trend of Healthier and Lower-Calorie Sweeteners Boosting China Market
Sales of tagatose in China are predicted to rise at a CAGR of 3.6% during the forecast period. This is due to booming food & beverage industry and growing demand for healthier, low-calorie sweeteners.
With rising health awareness, consumers across China are looking for healthier, lower-calorie sweeteners. This is expected to drive demand for alternative sweeteners in China, including tagatose.
Changes in consumer perceptions of sugar and artificial sweeteners is also affecting tagatose acceptability in China. This will improve China’s tagatose market share globally during the assessment period.
The regulatory landscape significantly influences the market outlook for sweeteners like tagatose in China. Modifying laws governing food additives and sweeteners may impact the market and create growth prospects for tagatose manufacturers.
Innovation in Food and Beverages Sector to Fuel Demand in Japan
Japan tagatose market is set to grow at 4.0% CAGR during the forecast period. It will likely hold a dominant share of the East Asia tagatose market by the end of 2033. This is due to growing applications of tagatose in the thriving food & beverage sector.
The food sector in Japan is conducting research and development, which could result in the release of new goods that include tagatose. Partnerships between academic institutions and business leaders fuel innovation and drive tagatose demand.
Growing consumer awareness regarding the uses and advantages of tagatose may impact the market's acceptance of the product in Japan. The distribution and accessibility of tagatose-containing items in retail channels, such as supermarkets and health food stores, is influencing consumer accessibility.
Category-wise Insights
The below section shows the powder tagatose segment dominating the global market in terms of form. It is anticipated to total US$ 158.9 million in 2033. Based on application, the food & beverage segment is poised to exhibit a 5.1% CAGR through 2033.
Form
Powdered Tagatose
Projected Value (2033)
US$ 158.9 million
Demand in the Market to Remain High for Powdered Tagatose
Based on the form, demand for powder tagatose will remain high during the assessment period. With a market share of around 47.8%, the powder segment is projected to reach a valuation of US$ 158.9 million in 2033. This is due to multiple advantages of powdered tagatose.
Tagatose's powder form is easily soluble in water. It dissolves and blends with other ingredients, making it a popular choice among consumers.
Considering tagatose powder is less likely to absorb moisture than liquid, it can be used to prevent caking and lumping, extending the product's shelf life. During the projection period, this factor can boost the growth of the powdered tagatose segment in the market.
Growing popularity in potential regions, including Latin America and Asia Pacific, is expected to increase demand for powdered tagatose. Key leaders and companies are developing and launching new powdered products based on consumer preferences and tastes to maximize revenues.
Food & Beverage to Remain the Most Remunerative Application
Application
Food and beverage
Projected Value (2033)
US$ 102.5 million
The food and beverage segment is expected to register a CAGR of 5.1% during the assessment period. It will likely total US$ 102.5 million by 2033, making it a highly lucrative application of tagatose.
In the food and beverage industry, tagatose is used for its functional properties, such as the extension of shelf life and moisture retention. It improves the quality and stability of the food and beverage products, which is more appealing to consumers.
Tagatose usage is increasing as a flavor enhancer in beverages, dairy, and confectionery products. This is because it helps to bring out natural flavors of the ingredients. It is also being used for browning baked goods or any desired effect.
Tagatose has a low glycemic index and minimal impact on blood sugar levels. Hence, it is considered a diabetic-friendly sweetener. By incorporating tagatose, food and beverage companies can develop formulations suitable for individuals with specific dietary requirements or health conditions.
Competitive Landscape
Leading tagatose manufacturers are focusing on expanding and upgrading their portfolios to meet the growing demand for low-calorie and diabetic-friendly sweetener options. They are investing in research and development to develop new tagatose products that offer improved taste and texture compared to earlier versions.
Key players are also expanding their production capabilities and distribution networks to ensure sufficient supply and availability of tagatose in the food and beverage industry. Certain manufacturers are partnering with food and beverage companies to incorporate sugar alcohol, like tagatose, into their products.
Recent Developments in the Tagatose Market:
In 2023, Santa Cruz Biotechnology and ERS Genomics Limited entered a new non-exclusive license agreement under which SCBT can access the ERS CRISPR/Cas9 patent portfolio.
In August 2023, Arla Foods Ingredients partnered with Novozymes with the aim of creating improved protein ingredients through precision fermentation. The initial priority will be on developing medical nutrition solutions for particular diseases.
Scope of the Report
Attribute
Details
Estimated Tagatose Market Size (2023)
US$ 155.0 million
Projected Market Value (2033)
US$ 243.0 million
Anticipated Growth Rate (2023 to 2033)
4.6% CAGR
Forecast Period
2023 to 2033
Historical Data Available for
2018 to 2022
Market Analysis
Volume (MT) and Value (US$ million)
Key Regions Covered
Latin America, North America, Europe, South Asia, East Asia, Oceania, and Middle East and Africa
Key Countries Covered
Canada, United States, Mexico, Brazil, Chile, Peru, Argentina, Germany, France, Italy, Spain, United Kingdom, Netherlands, Belgium, Nordic, Russia, Poland, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Singapore, Australia, New Zealand, GCC Countries, South Africa, Central Africa, and others
Key Market Segments Covered
Form, Application, and Region
Key Companies Profiled
Damhert Nutrition NV
CJ Cheiljedang Corporation
Bonumose LLC
Silver Fern
Santa Cruz Biotechnology, Inc.
Zhejiang Yixin Pharmaceutical Co., Ltd.
Living Fuel, Inc.
Sukrin
Arla Foods
Tokyo Chemical Industry Co., Ltd. (TCI)
Tagatose Market Outlook by Category
By Form:
Liquid
Powder
By Application:
Food and Beverage
Confectionery
Dairy and Desserts
Snacks
Beverages
Pharmaceuticals
Personal Care
Retail
By Region:
North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East and Africa
Frequently Asked Questions
How big is the global tagatose industry?
The tagatose market is estimated to reach a valuation of US$ 155.0 million in 2023.
What is the growth projection for the tagatose industry?
The global tagatose market value is projected to reach US$ 243.0 million by 2033.
What is the demand outlook for tagatose?
Global tagatose demand is expected to increase at a CAGR of 4.6% through 2033.
Which region is expected to hold a prominent market share by 2033?
South Asia is expected to have a market share of 28.9% by 2033.
What was the historical CAGR for the tagatose market?
The target market registered a CAGR of 3.7% from 2018 to 2022.
How sweet is tagatose compared to sugar?
It is 90% to 92% as sweet as sugar.
How is tagatose made?
It is produced by chemically or enzymatically isomerizing D-galactose, which is obtained by hydrolyzing lactose.
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Segmental Share Analysis
1.3. Dynamics Snapshot
1.4. Wheel of Fortune
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition
3. Market Dynamics
3.1. Drivers
3.1.1. Supply Side Drivers
3.1.2. Demand Side drivers
3.1.3. Economic Side Drivers
3.2. Restraints
3.3. Opportunity
3.4. Market trends By Region
3.5. Forecast Factors - Relevance and Impact
3.6. Key Regulations and Policies
4. Value Chain Analysis
4.1. Operating margins at each node of the supply chain
4.2. List of Active Market Participants
5. Global - Pricing Analysis
5.1. Price Point Assessment by Region
5.1.1. Manufacturer-Level Pricing
5.1.2. Distributor Level Pricing
5.2. Price Point Assessment By Product
5.3. Price Forecast till 2033
6. Global Market Size (in Value (US$ million) and Volume (MT) Analysis 2018 to 2022 and Forecast, 2023 to 2033
6.1. Historical Market Size (in Value (US$ million) and Volume (MT) Analysis, 2018 to 2022
6.2. Current and Future Market Size (in Value (US$ million) and Volume (MT) Analysis, 2023 to 2033
6.2.1. Y-o-Y Growth Trend Analysis
6.2.2. Absolute $ Opportunity Analysis
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Form
7.1. Introduction / Key Findings
7.2. Historical Market Size (in Value (US$ million) and Volume (MT) Analysis By Form, 2018 to 2022
7.3. Current and Future Market Size (in Value (US$ million) and Volume (MT) Analysis and Forecast By Form, 2023 to 2033
7.3.1. Liquid
7.3.2. Powder
7.4. Market Attractiveness Analysis By Form
8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
8.1. Introduction / Key Findings
8.2. Historical Market Size (in Value (US$ million) and Volume (MT) Analysis By Application, 2018 to 2022
8.3. Current and Future Market Size (in Value (US$ million) and Volume (MT) Analysis and Forecast By Application, 2023 to 2033
8.3.1. Food and Beverage
8.3.1.1. Confectionery
8.3.1.2. Dairy and Desserts
8.3.1.3. Snacks
8.3.1.4. Beverages
8.3.2. Pharmaceuticals
8.3.3. Personal Care
8.3.4. Retail
8.4. Market Attractiveness Analysis By Application
9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
9.1. Introduction
9.2. Historical Market Size (in Value (US$ million) and Volume (MT) Analysis By Region, 2018 to 2022
9.3. Current Market Size (in Value (US$ million) and Volume (MT) Analysis and Forecast By Region, 2023 to 2033
9.3.1. North America
9.3.2. Latin America
9.3.3. Europe
9.3.4. East Asia
9.3.5. South Asia
9.3.6. Oceania
9.3.7. Middle East and Africa
9.4. Market Attractiveness Analysis By Region
10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
10.1. Introduction
10.2. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022
10.3. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2023 to 2033
10.3.1. By Country
10.3.1.1. United States
10.3.1.2. Canada
10.3.2. By Form
10.3.3. By Application
10.4. Market Attractiveness Analysis
10.4.1. By Country
10.4.2. By Form
10.4.3. By Application
10.5. Key Takeaways
11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
11.1. Introduction
11.2. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022
11.3. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2023 to 2033
11.3.1. By Country
11.3.1.1. Brazil
11.3.1.2. Mexico
11.3.1.3. Argentina
11.3.1.4. Rest of Latin America
11.3.2. By Form
11.3.3. By Application
11.4. Market Attractiveness Analysis
11.4.1. By Country
11.4.2. By Form
11.4.3. By Application
11.5. Key Takeaways
12. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
12.1. Introduction
12.2. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022
12.3. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2023 to 2033
12.3.1. By Country
12.3.1.1. Germany
12.3.1.2. United Kingdom
12.3.1.3. France
12.3.1.4. Italy
12.3.1.5. Spain
12.3.1.6. BENELUX
12.3.1.7. Nordic
12.3.1.8. Russia
12.3.1.9. Poland
12.3.1.10. Rest of Europe
12.3.2. By Form
12.3.3. By Application
12.4. Market Attractiveness Analysis
12.4.1. By Country
12.4.2. By Form
12.4.3. By Application
12.5. Key Takeaways
13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
13.1. Introduction
13.2. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022
13.3. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2023 to 2033
13.3.1. By Country
13.3.1.1. China
13.3.1.2. Japan
13.3.1.3. South Korea
13.3.2. By Form
13.3.3. By Application
13.4. Market Attractiveness Analysis
13.4.1. By Country
13.4.2. By Form
13.4.3. By Application
13.5. Key Takeaways
14. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
14.1. Introduction
14.2. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022
14.3. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2023 to 2033
14.3.1. By Country
14.3.1.1. India
14.3.1.2. Thailand
14.3.1.3. Malaysia
14.3.1.4. Indonesia
14.3.1.5. Singapore
14.3.1.6. Vietnam
14.3.1.7. Philippines
14.3.1.8. Rest of South Asia
14.3.2. By Form
14.3.3. By Application
14.4. Market Attractiveness Analysis
14.4.1. By Country
14.4.2. By Form
14.4.3. By Application
14.5. Key Takeaways
15. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033
15.1. Introduction
15.2. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022
15.3. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2023 to 2033
15.3.1. By Country
15.3.1.1. Australia
15.3.1.2. New Zealand
15.3.2. By Form
15.3.3. By Application
15.4. Market Attractiveness Analysis
15.4.1. By Country
15.4.2. By Form
15.4.3. By Application
15.5. Key Takeaways
16. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
16.1. Introduction
16.2. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022
16.3. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2023 to 2033
16.3.1. By Country
16.3.1.1. GCC Countries
16.3.1.2. Turkiye
16.3.1.3. Egypt
16.3.1.4. South Africa
16.3.1.5. Rest of Middle East and Africa
16.3.2. By Form
16.3.3. By Application
16.4. Market Attractiveness Analysis
16.4.1. By Country
16.4.2. By Form
16.4.3. By Application
16.5. Key Takeaways
17. Country-level Market Analysis, 2022
17.1. United States Market Analysis
17.1.1. By Form
17.1.2. By Application
17.2. Canada Market Analysis
17.2.1. By Form
17.2.2. By Application
17.3. Brazil Market Analysis
17.3.1. By Form
17.3.2. By Application
17.4. Mexico Market Analysis
17.4.1. By Form
17.4.2. By Application
17.5. Argentina Market Analysis
17.5.1. By Form
17.5.2. By Application
17.6. Germany Market Analysis
17.6.1. By Form
17.6.2. By Application
17.7. United Kingdom Market Analysis
17.7.1. By Form
17.7.2. By Application
17.8. France Market Analysis
17.8.1. By Form
17.8.2. By Application
17.9. Italy Market Analysis
17.9.1. By Form
17.9.2. By Application
17.10. Spain Market Analysis
17.10.1. By Form
17.10.2. By Application
17.11. Belgium Market Analysis
17.11.1. By Form
17.11.2. By Application
17.12. Netherlands Market Analysis
17.12.1. By Form
17.12.2. By Application
17.13. Nordic Market Analysis
17.13.1. By Form
17.13.2. By Application
17.14. Russia Market Analysis
17.14.1. By Form
17.14.2. By Application
17.15. Poland Market Analysis
17.15.1. By Form
17.15.2. By Application
17.16. China Market Analysis
17.16.1. By Form
17.16.2. By Application
17.17. Japan Market Analysis
17.17.1. By Form
17.17.2. By Application
17.18. South Korea Market Analysis
17.18.1. By Form
17.18.2. By Application
17.19. India Market Analysis
17.19.1. By Form
17.19.2. By Application
17.20. Thailand Market Analysis
17.20.1. By Form
17.20.2. By Application
17.21. Malaysia Market Analysis
17.21.1. By Form
17.21.2. By Application
17.22. Vietnam Market Analysis
17.22.1. By Form
17.22.2. By Application
17.23. Philippines Market Analysis
17.23.1. By Form
17.23.2. By Application
17.24. Indonesia Market Analysis
17.24.1. By Form
17.24.2. By Application
17.25. Singapore Market Analysis
17.25.1. By Form
17.25.2. By Application
17.26. Australia Market Analysis
17.26.1. By Form
17.26.2. By Application
17.27. New Zealand Market Analysis
17.27.1. By Form
17.27.2. By Application
17.28. GCC Countries Market Analysis
17.28.1. By Form
17.28.2. By Application
17.29. Turkiye Market Analysis
17.29.1. By Form
17.29.2. By Application
17.30. Egypt Market Analysis
17.30.1. By Form
17.30.2. By Application
17.31. South Africa Market Analysis
17.31.1. By Form
17.31.2. By Application
18. Market Structure Analysis
18.1. Global Competition - a Dashboard View
18.2. Industry Structure Analysis
18.2.1. % tier 1 market players
18.2.2. % tier 2 market players
18.2.3. % tier 3 market players
18.3. Global Market Company Share Analysis
18.3.1. For Tier 1 Market Players, 2023
18.3.2. Company Market Share Analysis of Top 5 Players, By Region
18.4. Key Participants Market Presence (Intensity Mapping) by Region
19. Competition Analysis
19.1. Competition Dashboard
19.2. Competition Benchmarking
19.3. Competition Deep Dive
19.3.1. Damhert Nutrition NV
19.3.1.1. Product Portfolio
19.3.1.2. Product Claim
19.3.1.3. Revenue by Market Segments (Product/ channel/Region)
19.3.1.4. Sales Footprint
19.3.1.5. Strategy Overview
19.3.1.5.1. Marketing Strategy
19.3.1.5.2. Product Strategy
19.3.1.5.3. Channel Strategy
19.3.1.6. SWOT Analysis
19.3.2. CJ Cheiljedang Corporation
19.3.3. Bonumose LLC
19.3.4. Silver Fern
19.3.5. Santa Cruz Biotechnology, Inc.
19.3.6. Zhejiang Yixin Pharmaceutical Co., Ltd.
19.3.7. Living Fuel, Inc.
19.3.8. Sukrin
19.3.9. Arla Foods
19.3.10. Tokyo Chemical Industry Co., Ltd. (TCI)
19.3.11. Other Players (On Additional Requests)
20. Assumptions and Acronyms Used21. Research Methodology
List of Tables
Table 1: Global Market Value (US$ million) Forecast by Region, 2018 to 2033
Table 2: Global Market Volume (MT) Forecast by Region, 2018 to 2033
Table 3: Global Market Value (US$ million) Forecast by Form, 2018 to 2033
Table 4: Global Market Volume (MT) Forecast by Form, 2018 to 2033
Table 5: Global Market Value (US$ million) Forecast by Application, 2018 to 2033
Table 6: Global Market Volume (MT) Forecast by Application, 2018 to 2033
Table 7: North America Market Value (US$ million) Forecast by Country, 2018 to 2033
Table 8: North America Market Volume (MT) Forecast by Country, 2018 to 2033
Table 9: North America Market Value (US$ million) Forecast by Form, 2018 to 2033
Table 10: North America Market Volume (MT) Forecast by Form, 2018 to 2033
Table 11: North America Market Value (US$ million) Forecast by Application, 2018 to 2033
Table 12: North America Market Volume (MT) Forecast by Application, 2018 to 2033
Table 13: Latin America Market Value (US$ million) Forecast by Country, 2018 to 2033
Table 14: Latin America Market Volume (MT) Forecast by Country, 2018 to 2033
Table 15: Latin America Market Value (US$ million) Forecast by Form, 2018 to 2033
Table 16: Latin America Market Volume (MT) Forecast by Form, 2018 to 2033
Table 17: Latin America Market Value (US$ million) Forecast by Application, 2018 to 2033
Table 18: Latin America Market Volume (MT) Forecast by Application, 2018 to 2033
Table 19: Europe Market Value (US$ million) Forecast by Country, 2018 to 2033
Table 20: Europe Market Volume (MT) Forecast by Country, 2018 to 2033
Table 21: Europe Market Value (US$ million) Forecast by Form, 2018 to 2033
Table 22: Europe Market Volume (MT) Forecast by Form, 2018 to 2033
Table 23: Europe Market Value (US$ million) Forecast by Application, 2018 to 2033
Table 24: Europe Market Volume (MT) Forecast by Application, 2018 to 2033
Table 25: East Asia Market Value (US$ million) Forecast by Country, 2018 to 2033
Table 26: East Asia Market Volume (MT) Forecast by Country, 2018 to 2033
Table 27: East Asia Market Value (US$ million) Forecast by Form, 2018 to 2033
Table 28: East Asia Market Volume (MT) Forecast by Form, 2018 to 2033
Table 29: East Asia Market Value (US$ million) Forecast by Application, 2018 to 2033
Table 30: East Asia Market Volume (MT) Forecast by Application, 2018 to 2033
Table 31: South Asia Market Value (US$ million) Forecast by Country, 2018 to 2033
Table 32: South Asia Market Volume (MT) Forecast by Country, 2018 to 2033
Table 33: South Asia Market Value (US$ million) Forecast by Form, 2018 to 2033
Table 34: South Asia Market Volume (MT) Forecast by Form, 2018 to 2033
Table 35: South Asia Market Value (US$ million) Forecast by Application, 2018 to 2033
Table 36: South Asia Market Volume (MT) Forecast by Application, 2018 to 2033
Table 37: Oceania Market Value (US$ million) Forecast by Country, 2018 to 2033
Table 38: Oceania Market Volume (MT) Forecast by Country, 2018 to 2033
Table 39: Oceania Market Value (US$ million) Forecast by Form, 2018 to 2033
Table 40: Oceania Market Volume (MT) Forecast by Form, 2018 to 2033
Table 41: Oceania Market Value (US$ million) Forecast by Application, 2018 to 2033
Table 42: Oceania Market Volume (MT) Forecast by Application, 2018 to 2033
Table 43: Middle East and Africa Market Value (US$ million) Forecast by Country, 2018 to 2033
Table 44: Middle East and Africa Market Volume (MT) Forecast by Country, 2018 to 2033
Table 45: Middle East and Africa Market Value (US$ million) Forecast by Form, 2018 to 2033
Table 46: Middle East and Africa Market Volume (MT) Forecast by Form, 2018 to 2033
Table 47: Middle East and Africa Market Value (US$ million) Forecast by Application, 2018 to 2033
Table 48: Middle East and Africa Market Volume (MT) Forecast by Application, 2018 to 2033
List of Charts
Figure 1: Global Market Value (US$ million) by Form, 2023 to 2033
Figure 2: Global Market Value (US$ million) by Application, 2023 to 2033
Figure 3: Global Market Value (US$ million) by Region, 2023 to 2033
Figure 4: Global Market Value (US$ million) Analysis by Region, 2018 to 2033
Figure 5: Global Market Volume (MT) Analysis by Region, 2018 to 2033
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 8: Global Market Value (US$ million) Analysis by Form, 2018 to 2033
Figure 9: Global Market Volume (MT) Analysis by Form, 2018 to 2033
Figure 10: Global Market Value Share (%) and BPS Analysis by Form, 2023 to 2033
Figure 11: Global Market Y-o-Y Growth (%) Projections by Form, 2023 to 2033
Figure 12: Global Market Value (US$ million) Analysis by Application, 2018 to 2033
Figure 13: Global Market Volume (MT) Analysis by Application, 2018 to 2033
Figure 14: Global Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 15: Global Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 16: Global Market Attractiveness by Form, 2023 to 2033
Figure 17: Global Market Attractiveness by Application, 2023 to 2033
Figure 18: Global Market Attractiveness by Region, 2023 to 2033
Figure 19: North America Market Value (US$ million) by Form, 2023 to 2033
Figure 20: North America Market Value (US$ million) by Application, 2023 to 2033
Figure 21: North America Market Value (US$ million) by Country, 2023 to 2033
Figure 22: North America Market Value (US$ million) Analysis by Country, 2018 to 2033
Figure 23: North America Market Volume (MT) Analysis by Country, 2018 to 2033
Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 26: North America Market Value (US$ million) Analysis by Form, 2018 to 2033
Figure 27: North America Market Volume (MT) Analysis by Form, 2018 to 2033
Figure 28: North America Market Value Share (%) and BPS Analysis by Form, 2023 to 2033
Figure 29: North America Market Y-o-Y Growth (%) Projections by Form, 2023 to 2033
Figure 30: North America Market Value (US$ million) Analysis by Application, 2018 to 2033
Figure 31: North America Market Volume (MT) Analysis by Application, 2018 to 2033
Figure 32: North America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 33: North America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 34: North America Market Attractiveness by Form, 2023 to 2033
Figure 35: North America Market Attractiveness by Application, 2023 to 2033
Figure 36: North America Market Attractiveness by Country, 2023 to 2033
Figure 37: Latin America Market Value (US$ million) by Form, 2023 to 2033
Figure 38: Latin America Market Value (US$ million) by Application, 2023 to 2033
Figure 39: Latin America Market Value (US$ million) by Country, 2023 to 2033
Figure 40: Latin America Market Value (US$ million) Analysis by Country, 2018 to 2033
Figure 41: Latin America Market Volume (MT) Analysis by Country, 2018 to 2033
Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 44: Latin America Market Value (US$ million) Analysis by Form, 2018 to 2033
Figure 45: Latin America Market Volume (MT) Analysis by Form, 2018 to 2033
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Form, 2023 to 2033
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Form, 2023 to 2033
Figure 48: Latin America Market Value (US$ million) Analysis by Application, 2018 to 2033
Figure 49: Latin America Market Volume (MT) Analysis by Application, 2018 to 2033
Figure 50: Latin America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 52: Latin America Market Attractiveness by Form, 2023 to 2033
Figure 53: Latin America Market Attractiveness by Application, 2023 to 2033
Figure 54: Latin America Market Attractiveness by Country, 2023 to 2033
Figure 55: Europe Market Value (US$ million) by Form, 2023 to 2033
Figure 56: Europe Market Value (US$ million) by Application, 2023 to 2033
Figure 57: Europe Market Value (US$ million) by Country, 2023 to 2033
Figure 58: Europe Market Value (US$ million) Analysis by Country, 2018 to 2033
Figure 59: Europe Market Volume (MT) Analysis by Country, 2018 to 2033
Figure 60: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 61: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 62: Europe Market Value (US$ million) Analysis by Form, 2018 to 2033
Figure 63: Europe Market Volume (MT) Analysis by Form, 2018 to 2033
Figure 64: Europe Market Value Share (%) and BPS Analysis by Form, 2023 to 2033
Figure 65: Europe Market Y-o-Y Growth (%) Projections by Form, 2023 to 2033
Figure 66: Europe Market Value (US$ million) Analysis by Application, 2018 to 2033
Figure 67: Europe Market Volume (MT) Analysis by Application, 2018 to 2033
Figure 68: Europe Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 69: Europe Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 70: Europe Market Attractiveness by Form, 2023 to 2033
Figure 71: Europe Market Attractiveness by Application, 2023 to 2033
Figure 72: Europe Market Attractiveness by Country, 2023 to 2033
Figure 73: East Asia Market Value (US$ million) by Form, 2023 to 2033
Figure 74: East Asia Market Value (US$ million) by Application, 2023 to 2033
Figure 75: East Asia Market Value (US$ million) by Country, 2023 to 2033
Figure 76: East Asia Market Value (US$ million) Analysis by Country, 2018 to 2033
Figure 77: East Asia Market Volume (MT) Analysis by Country, 2018 to 2033
Figure 78: East Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 79: East Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 80: East Asia Market Value (US$ million) Analysis by Form, 2018 to 2033
Figure 81: East Asia Market Volume (MT) Analysis by Form, 2018 to 2033
Figure 82: East Asia Market Value Share (%) and BPS Analysis by Form, 2023 to 2033
Figure 83: East Asia Market Y-o-Y Growth (%) Projections by Form, 2023 to 2033
Figure 84: East Asia Market Value (US$ million) Analysis by Application, 2018 to 2033
Figure 85: East Asia Market Volume (MT) Analysis by Application, 2018 to 2033
Figure 86: East Asia Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 87: East Asia Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 88: East Asia Market Attractiveness by Form, 2023 to 2033
Figure 89: East Asia Market Attractiveness by Application, 2023 to 2033
Figure 90: East Asia Market Attractiveness by Country, 2023 to 2033
Figure 91: South Asia Market Value (US$ million) by Form, 2023 to 2033
Figure 92: South Asia Market Value (US$ million) by Application, 2023 to 2033
Figure 93: South Asia Market Value (US$ million) by Country, 2023 to 2033
Figure 94: South Asia Market Value (US$ million) Analysis by Country, 2018 to 2033
Figure 95: South Asia Market Volume (MT) Analysis by Country, 2018 to 2033
Figure 96: South Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 97: South Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 98: South Asia Market Value (US$ million) Analysis by Form, 2018 to 2033
Figure 99: South Asia Market Volume (MT) Analysis by Form, 2018 to 2033
Figure 100: South Asia Market Value Share (%) and BPS Analysis by Form, 2023 to 2033
Figure 101: South Asia Market Y-o-Y Growth (%) Projections by Form, 2023 to 2033
Figure 102: South Asia Market Value (US$ million) Analysis by Application, 2018 to 2033
Figure 103: South Asia Market Volume (MT) Analysis by Application, 2018 to 2033
Figure 104: South Asia Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 105: South Asia Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 106: South Asia Market Attractiveness by Form, 2023 to 2033
Figure 107: South Asia Market Attractiveness by Application, 2023 to 2033
Figure 108: South Asia Market Attractiveness by Country, 2023 to 2033
Figure 109: Oceania Market Value (US$ million) by Form, 2023 to 2033
Figure 110: Oceania Market Value (US$ million) by Application, 2023 to 2033
Figure 111: Oceania Market Value (US$ million) by Country, 2023 to 2033
Figure 112: Oceania Market Value (US$ million) Analysis by Country, 2018 to 2033
Figure 113: Oceania Market Volume (MT) Analysis by Country, 2018 to 2033
Figure 114: Oceania Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 115: Oceania Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 116: Oceania Market Value (US$ million) Analysis by Form, 2018 to 2033
Figure 117: Oceania Market Volume (MT) Analysis by Form, 2018 to 2033
Figure 118: Oceania Market Value Share (%) and BPS Analysis by Form, 2023 to 2033
Figure 119: Oceania Market Y-o-Y Growth (%) Projections by Form, 2023 to 2033
Figure 120: Oceania Market Value (US$ million) Analysis by Application, 2018 to 2033
Figure 121: Oceania Market Volume (MT) Analysis by Application, 2018 to 2033
Figure 122: Oceania Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 123: Oceania Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 124: Oceania Market Attractiveness by Form, 2023 to 2033
Figure 125: Oceania Market Attractiveness by Application, 2023 to 2033
Figure 126: Oceania Market Attractiveness by Country, 2023 to 2033
Figure 127: Middle East and Africa Market Value (US$ million) by Form, 2023 to 2033
Figure 128: Middle East and Africa Market Value (US$ million) by Application, 2023 to 2033
Figure 129: Middle East and Africa Market Value (US$ million) by Country, 2023 to 2033
Figure 130: Middle East and Africa Market Value (US$ million) Analysis by Country, 2018 to 2033
Figure 131: Middle East and Africa Market Volume (MT) Analysis by Country, 2018 to 2033
Figure 132: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 133: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 134: Middle East and Africa Market Value (US$ million) Analysis by Form, 2018 to 2033
Figure 135: Middle East and Africa Market Volume (MT) Analysis by Form, 2018 to 2033
Figure 136: Middle East and Africa Market Value Share (%) and BPS Analysis by Form, 2023 to 2033
Figure 137: Middle East and Africa Market Y-o-Y Growth (%) Projections by Form, 2023 to 2033
Figure 138: Middle East and Africa Market Value (US$ million) Analysis by Application, 2018 to 2033
Figure 139: Middle East and Africa Market Volume (MT) Analysis by Application, 2018 to 2033
Figure 140: Middle East and Africa Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 141: Middle East and Africa Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 142: Middle East and Africa Market Attractiveness by Form, 2023 to 2033
Figure 143: Middle East and Africa Market Attractiveness by Application, 2023 to 2033
Figure 144: Middle East and Africa Market Attractiveness by Country, 2023 to 2033
