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The Trehalose Market is projected to reach USD 242.7 Million by 2022, expanding at a CAGR of 5% between 2023 and 2030.
Trehalose Market Overview:
Trehalose is a disaccharide composed of two glucose molecules. It is a non-reducing sugar with a similar chemical structure and properties to sucrose. Trehalose is considered useful by the food industry for its ability to withstand acids and high temperatures. It has General Recognized Safe status from the U.S. Food and Drug Administration and Novel Food status from the European Union (EU). Compared to table sugar (sucrose), trehalose has half the sweetness intensity of sucrose and has a similar glycemic index.
Trehalose market size, estimates, and forecasts are provided in terms of sales volume (K Units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Trehalose market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we considered the impact of COVID-19 and the Russian-Ukraine war.
Key Market Updates:
Major Segments Covered in the Global Trehalose Market:
Market Key Players:
Meihua Group, Hayashibara, Lianmeng Chemical, Visionbio Technology, Sinozyme Biotechnology, Fenchem, Penta Manufacturer, The Ingredient House, Cargill, Life Sciences Advanced Technologies, HAYASHIBARA, and Others.
Trehalose Market by Types:
Trehalose Market by Applications:
Trehalose Market by Regions:
The report estimates revenue growth at the worldwide, regional, and country levels and delivers an analysis of the recent industry trends in each sub-segment from 2017 to 2030.
The trehalose market in North America holds a major share in terms of revenue in the market studied and is expected to maintain its dominance during the forecast period. Growing demand for trehalose in the food & beverage and pharmaceutical industries owing to rapid urbanization in the region is expected to drive revenue growth in North America over the forecast period. Among the markets studied, the Asia Pacific trehalose market is expected to grow at a faster rate during the forecast period owing to the presence of key players in the region. Rising personal disposable income and spending power, coupled with the growing population in countries in the region, which in turn has surged demand for food & beverage, pharmaceutical, and cosmetic industries, is expected to drive the growth of the trehalose market in Asia Pacific over the forecast period.
Significant Market Dynamics:
Drivers And Challenges:
Trehalose market revenue is projected to grow at a healthy CAGR driven by staggering demand from millennials and emerging markets. Technological advancements in the trehalose market enabling efficient production, expanding product portfolio, sophisticated design and packaging, efficient operational maintenance, and sales monitoring are the major growth drivers.
However, compliance with stringent regulations and varying standards across the world, increasing competition, inflation in major countries estimated to remain above the upper limit in the near term, and raw material price volatility are some of the restraining factors for the trehalose market over the forecast period.
Report Scope of Global Trehalose Market:
Points Covered in the Report
Frequently Asked Questions-
What is the CAGR of the Trehalose market?
The Trehalose Market is growing at a CAGR of 5% During the Forecast Period.
What are the key types and applications of the Trehalose market?
- Food Grade, Pharmaceutical Grade, Others
- Food, Pharmaceuticals, Cosmetics, and Others
Who are the key players in the Trehalose market?
Meihua Group, Hayashibara, Lianmeng Chemical, Visionbio Technology, Sinozyme Biotechnology, Fenchem, Penta Manufacturer, The Ingredient House, Cargill, Life Sciences Advanced Technologies, HAYASHIBARA, and Others.
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Note – In order to provide a more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19 and the Russia-Ukraine war.