Mei Ri Jing Ji Xin Wen·2025-07-02 22:48Core Viewpoint - The approval of D-Allulose as a new food ingredient by the National Health Commission of China is expected to significantly boost the low-calorie sweetener market, leading to increased production capacities and market growth for companies involved in allulose production [1][4]. Company Summaries - Jinhe Industrial has completed the construction of a flexible production line with an annual capacity of 10,000 tons for allulose, building on its previous small-scale production of 1,000 tons per year [1][2]. - Bailinbao plans to expand its allulose production capacity to over 5,000 tons annually after technical upgrades in 2024, with a project to increase capacity to 20,000 tons starting in March 2023, aiming for a total capacity of approximately 30,000 tons by 2026 [2]. - Bailong Chuangyuan currently has a production capacity of 15,000 tons for allulose crystals and plans to build nearly 20,000 tons of production capacity at its Thailand health factory [2]. - Huakang Co. has planned a production capacity of 40,000 tons per year for allulose [2]. Industry Insights - The global allulose market has grown from $0.33 billion in 2019 to $1.73 billion in 2023, with a compound annual growth rate (CAGR) of 33.26%. It is projected to reach $5.45 billion by 2030, corresponding to a demand of approximately 200,000 tons of allulose [2][3]. - The Chinese sugar-free beverage market reached 40.16 billion yuan in 2023 and is expected to grow to 81.56 billion yuan by 2028, indicating a significant market opportunity for allulose as a sweetener [2]. - The U.S. allulose market was valued at $61.9 million in 2022, with allulose accounting for $7.8 million. The potential market sizes for allulose in China and Europe are estimated at $14.2 million and $13.8 million, respectively, as domestic approvals progress [3].