The Trehalose Market Report has been segmented on the basis of application, end-user, and region.
Trehalose Market Overview:
“The Trehalose Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
Trehalose, also known as mycose or tremalose, is a non-reducing sugar that consists of two molecules of glucose. It is usually found in natural products such as mushrooms, honey, and others. Trehalose can be derived from corn starch by an industrial process. The chemical formula of trehalose is C12H22O11. Trehalose is widely used in food, pharmaceutical, and cosmetic industries, owing to its high water retention capabilities, and nutritional and dietary properties.
Trehalose Market Dynamics:
Rising demand for trehalose as a preservative in the food & beverage industry to increase shelf life, freshness, texture, and flavor of bakery, confectionery, frozen food, and other food products, is a major factor expected to drive the growth of the global trehalose market over the forecast period.
In addition, increasing demand for trehalose in the pharmaceutical industry, owing to its medicinal, nutritional, and dietary properties, is another factor anticipated to fuel the growth of the target market in the next coming years.
Moreover, increasing demand from the cosmetic industry for the production of hair and skin care products due to its unique properties such as anti-aging and others is among some factors estimated to drive the growth of the potential market over the forecast period.
However, the availability of substitutes is a factor that may hamper demand for trehalose and restrain the growth of the target market over the forecast period.
The inclination toward low-calorie sweeteners and low-calorie beverages is an ongoing trend witnessed in the global trehalose market.
Trehalose Market Segment Insights:
On the basis of grade, the food-grade segment is expected to account for a significant revenue share in the target market over the forecast period.
Among applications, the food & beverage segment is anticipated to register a significant share in terms of revenue in the global trehalose market over the forecast period. This can be attributed to the increasing demand for food coupled with a rising population globally.
Trehalose Market Regional Insights:
The trehalose market in North America holds a major share contribution in terms of revenue in the target market and is expected to maintain its dominance over the forecast period.
Rising demand for trehalose in the food & beverage and pharmaceutical industries owing to rapid urbanization in the region is expected to drive revenue growth of the North American trehalose market over the forecast period.
The market in Europe is estimated to register a significant share in terms of revenue in the target market over the forecast period followed by North America.
The Asia Pacific trehalose market is projected to grow at a faster rate in the target market over the forecast period, owing to the presence of key players in countries in the region.
Increasing disposable income and spending power of individuals coupled with the growing population in countries in the region, which in turn surge demand for food & beverage, pharmaceuticals, and cosmetics industry and is expected to drive the growth of the Asia Pacific trehalose market over the forecast period.
Market Segmentation and Key Players Operating in the Trehalose Market:
Segmentation on the Basis of Grade:
- Food Grade
- Pharmaceutical Grade
Segmentation on the basis of Application:
- Food & Beverage
Segmentation on the Basis of Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- HAYASHIBARA CO. LTD.
- Life Sciences Advanced Technologies Inc.
- Cargill Inc.
- MEIHUA HOLDINGS GROUP CO., LTD.
- Shandong Lianmeng Chemical Group
- Penta Manufacturing Company
- Sinozyme Biotechnology
- Carbosynth LLC
- Nagase America Corporation
- Tokyo Chemical Industry UK Ltd.
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