North America, Europe, Asia-Pacific, and the Rest of the World are the regions into which the study divides the market. Asia Pacific Fructose Market market accounted for the largest market share at 36.66% in 2021 and is expected to exhibit a fastest-growing 4.26% CAGR during the study period. The growth of the Fructose Market market in Asia-Pacific can be attributed to the consumers are shifting to healthy lifestyle habits, the article further elaborated that the survey conducted among Singapore consumers has highlighted that around 66.67% of them are inclined towards adopting a healthier lifestyle and consumption habits.
This trend is further fueled by the outbreak of the COVID-19 pandemic, making consumers conscious of the ingredients in food and drink products. Moreover, China Fructose Market market held the largest market share, and the India Fructose Market market was the fastest-growing market in the Asia-Pacific region.
Further, the major countries studied are: The U.S, Canada, Mexico, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, Argentina, and Brazil.
Figure 3: FRUCTOSE MARKET SHARE BY REGION 2021 (%)
Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review
North America Fructose Market market is the second-largest market share and is expected to grow at a CAGR of 2.70% from 2022 to 2030. Centre for Disease Control and Prevention data highlights that presently an average American adult man consumes nineteen teaspoons of sugar, whereas an average woman consumes fifteen teaspoons of sugar and excessive sugar consumption has resulted in several diseases including weight gain and obesity, type 2 diabetes, high blood pressure, and tooth decay.
Given the above-stated factors, many states in the US have implemented several steps like the sugar tax; National Salt and Sugar Reduction Initiative; National Strategy on hunger, nutrition, and health; etc. which have made the food and beverage manufacturers reduce the sugar levels in the products. This is expected to drive the growth of the fructose market in the region. The region is also witnessing a growing demand for fructose from the personal care industry. Further, the U.S. Fructose Market market held the largest market share, and the Canada Fructose Market market was the fastest-growing market in the North America region
The Europe Fructose Market accounts for the market share and is expected to grow at a CAGR of 3.53% from 2022 to 2030. The growth of the Fructose Market market in Europe can be attributed to the widely used as a sweetener and a source of energy in the food and beverage industry. It is used in the production of confectionery, dairy products, and beverages. Additionally, fructose is used in the production of various pharmaceutical products, including intravenous solutions, tablets, and syrups. It is also used in the production of diagnostic products such as fructose meters and test strips.
Further, the Rest of Europe Fructose Market market held the largest market share, the Germany Fructose Market market held the second-largest market share, and is the fastest growing market in the European region.
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