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Global Tagatose Market: By Type: L-Tagatose, D-Tagatose; By Form: Liquid, Powder; By Application: Food and Beverages, Pharmaceutical, Personal Care, Retail, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments

Global Tagatose Market Outlook

The global tagatose market is being driven by the rising health consciousness among the consumers. The  market is expected to grow at a CAGR of about 4.7% in the forecast period of 2022-2027.

 

Global Tagatose Market

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Rising Demand from the Asia Pacific to Drive the Growth of the Tagatose Market

In the forecast period, the Asia Pacific is expected to present lucrative growth opportunities for the growth of the market. East and South Asian regions, in particular, are expected to experience high growth rates in the market due to the growth of the per capita food expenditure, combined with growing urbanisation in the two regions. The rising cases of diabetes as well as other cardiovascular diseases caused by excessive sugar intake have further contributed  to growth of the tagatose in South and East Asia. The growing awareness of sugar substitutes such as tagatose has also enables the heightened growth of the tagatose market in the Asia Pacific region.

 

Rising Demand for Low Calorie Foods Aiding the Tagatose Market Growth

The overall tagatose market is being aided by the rising adoption of low calorie diets due to the increasing understanding of the detrimental effects of the frequent consumption of high-calorie food, which can result in diseases like obesity and heart disease. Thus, food manufacturers are introducing products with low calorie sugar substitutes, such as tagatose. Tagatose has a low glycaemic index, which makes it ideal for use in diet foods. Additionally, unlike sugar, it is non-cariogenic, which is further contributing to the market growth.

 

Global Tagatose Market by Application

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Tagatose: Industry Definition and Segmentation

Tagatose is a crystalline ketohexose sugar, which is naturally present in D form, such as in the gum from the Sterculia Setigera tree of western Africa and in various dairy products. It is commercially produced from lactose and is used as a sweetener, stabiliser, texturiser, humectant, and formulation aid.

Based on type, the industry can be divided into the following:

  • L-Tagatose 
  • D-Tagatose

Based on forms, the industry can be segmented into:

  • Liquid 
  • Powder

The applications of the product include the following:

  • Food and Beverages 
  • Pharmaceutical 
  • Personal Care 
  • Retail 
  • Others

The regional tagatose markets can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Tagatose Market by Region

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Rising Health Awareness Bolstering the Market Growth

The increasing awareness of the positive effects on health that are multiplied by the lowering consumption of sugar as well as the rising consumer transition towards sugar substitutes are anticipated to contribute to global growth of the tagatose industry in the forecast period. The intake of sucrose substitutes, including stevia, aspartame, sorbitol, maltitol, neotame, and D-tagatose involves no or low calorie amounts and, therefore, does not contribute to tooth decay or a cavity. The rising demand for such sugar substitutes from diabetic patients, combined with the rising health consciousness among the general consumers, are significantly supporting the  market growth. The market is also expected to be aided by the rising implementation of regulations like the Sugar Tax, which actively discourage the high consumption of sugary foods and beverages.

 

Key Industry Players in the Global Tagatose Market

The report gives a detailed analysis of the following key players in the global tagatose market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Damhert Nutrition NV 
  • CJ Cheiljedang Corporation 
  • Bonumose LLC 
  • Santa Cruz Biotechnology, Inc. 
  • Zhejiang Yixin Pharmaceutical Co., Ltd. 
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Form, Application, Region
Breakup by Type L-Tagatose, D-Tagatose
Breakup by Form Liquid, Powder
Breakup by Application Food and Beverages, Pharmaceutical, Personal Care, Retail, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Price Analysis Historical and Forecast Price Trends- Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Damhert Nutrition NV, CJ Cheiljedang Corporation, Bonumose LLC, Santa Cruz Biotechnology, Inc. , Zhejiang Yixin Pharmaceutical Co., Ltd. , Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Tagatose Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Tagatose Historical Market (2017-2021) 
    8.3    Global Tagatose Market Forecast (2022-2027)
    8.4    Global Tagatose Market by Type
        8.4.1    L-Tagatose
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    D-Tagatose
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
    8.5    Global Tagatose Market by Form
        8.5.1    Liquid
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Powder
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
    8.6    Global Tagatose Market by Application
        8.6.1    Food and Beverages
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Pharmaceutical
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
        8.6.3    Personal Care
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2017-2021)
            8.6.3.3    Forecast Trend (2022-2027)
        8.6.4    Retail
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2017-2021)
            8.6.4.3    Forecast Trend (2022-2027)
        8.6.5    Others
    8.7    Global Tagatose Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis

    12.1    North America Historical Price Trends (2017-2021) and Forecast (2022-2027)
    12.2    Europe Historical Price Trends (2017-2021) and Forecast (2022-2027)
    12.3    Asia Pacific Historical Price Trends (2017-2021) and Forecast (2022-2027)
    12.4    Latin America Historical Price Trends (2017-2021) and Forecast (2022-2027)
    12.5    Middle East and Africa Historical Price Trends (2017-2021) and Forecast (2022-2027)
13    Competitive Landscape
    13.1    Market Structure
    13.2    Company Profiles
        13.2.1    Damhert Nutrition NV
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Certifications
        13.2.2    CJ Cheiljedang Corporation
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Certifications
        13.2.3    Bonumose LLC
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Certifications
        13.2.4    Santa Cruz Biotechnology, Inc.
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Certifications
        13.2.5    Zhejiang Yixin Pharmaceutical Co., Ltd.
            13.2.5.1    Company Overview
            13.2.5.2    Product Portfolio
            13.2.5.3    Demographic Reach and Achievements
            13.2.5.4    Certifications
        13.2.6    Others
14    Industry Events and Developments

 

Additional Customisations Available:

1.    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2.    Project Requirement and Cost Analysis
    2.1    Land, Location, and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment

 

List of Figures and Tables

1.    Global Tagatose Market: Key Industry Highlights, 2016 and 2026
2.    Global Tagatose Historical Market: Breakup by Type (USD Million), 2017-2021
3.    Global Tagatose Market Forecast: Breakup by Type (USD Million), 2022-2027
4.    Global Tagatose Historical Market: Breakup by Form (USD Million), 2017-2021
5.    Global Tagatose Market Forecast: Breakup by Form (USD Million), 2022-2027
6.    Global Tagatose Historical Market: Breakup by Application (USD Million), 2017-2021
7.    Global Tagatose Market Forecast: Breakup by Application (USD Million), 2022-2027
8.    Global Tagatose Historical Market: Breakup by Distribution Channel (USD Million), 2017-2021
9.    Global Tagatose Market Forecast: Breakup by Distribution Channel (USD Million), 2022-2027
10.    Global Tagatose Historical Market: Breakup by Region (USD Million), 2017-2021
11.    Global Tagatose Market Forecast: Breakup by Region (USD Million), 2022-2027
12.    North America Tagatose Historical Market: Breakup by Country (USD Million), 2017-2021
13.    North America Tagatose Market Forecast: Breakup by Country (USD Million), 2022-2027
14.    Europe Tagatose Historical Market: Breakup by Country (USD Million), 2017-2021
15.    Europe Tagatose Market Forecast: Breakup by Country (USD Million), 2022-2027
16.    Asia Pacific Tagatose Historical Market: Breakup by Country (USD Million), 2017-2021
17.    Asia Pacific Tagatose Market Forecast: Breakup by Country (USD Million), 2022-2027
18.    Latin America Tagatose Historical Market: Breakup by Country (USD Million), 2017-2021
19.    Latin America Tagatose Market Forecast: Breakup by Country (USD Million), 2022-2027
20.    Middle East and Africa Tagatose Historical Market: Breakup by Country (USD Million), 2017-2021
21.    Middle East and Africa Tagatose Market Forecast: Breakup by Country (USD Million), 2022-2027
22.    North America Historical Price Trends and Forecast 2017-2027
23.    Europe Historical Price Trends and Forecast 2017-2027
24.    Asia Pacific Historical Price Trends and Forecast 2017-2027
25.    Latin America Historical Price Trends and Forecast 2017-2027
26.    Middle East and Africa Historical Price Trends and Forecast 2017-2027
27.    Global Tagatose Market Structure

Key Questions Answered in the Report

The tagatose market is projected to grow at a CAGR of 4.7% between 2021 and 2026.

The major drivers of the global tagatose market, such as rising disposable incomes, increasing population, increasing health awareness, growing per capita food expenditure, rising demand from the developing regions, and increasing preference for sugar substitutes, are expected to aid the industry growth.

The key trend guiding the growth of the market includes the introduction of favourable government regulations discouraging the consumption of sugar.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major types of tagatose in the industry are L-tagatose and D-tagatose.

The leading forms of the product in the industry are liquid and powder.

The significant application segments of the product in the industry are food and beverages, pharmaceutical, personal care, and retail, among others.

The major players in the industry are Damhert Nutrition NV, CJ Cheiljedang Corporation, Bonumose LLC, Santa Cruz Biotechnology, Inc., and Zhejiang Yixin Pharmaceutical Co., Ltd., among others.

Analyst Review

The global tagatose market is being driven by the rising health consciousness. Aided by the growing demand for sugar substitutes, the market is expected to witness a moderate growth in the forecast period of 2022-2027, growing at a CAGR of 4.7%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By type, the market can be bifurcated into L-tagatose and D-tagatose. On the basis of form, the industry can be divided into liquid and powder. Based on application, the industry can be segmented into food and beverages, pharmaceutical, personal care, and retail, among others. The major regional markets for the product are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above industry include Damhert Nutrition NV, CJ Cheiljedang Corporation, Bonumose LLC, Santa Cruz Biotechnology, Inc., and Zhejiang Yixin Pharmaceutical Co., Ltd., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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