D-psicose Market Size, Share, Growth Analysis, By Application(Food, Beverages, others), By Type(Powder, Syrup, Crystal), By Region - Industry Forecast 2024-2031

D-psicose Market size was valued at USD 101.14 million in 2019 and is poised to grow from USD 129.08 million in 2023 to USD 918.52 million by 2031, growing at a CAGR of 27.8% in the forecast period (2024-2031).

Continuously growing demand for sugar substitutes along with the rising popularity of functional food products and high prevalence of diabetes and obesity across the globe are the major key factors projected to drive the growth of the global D-psicose market during the forecast period. In the last few years, demand and adoption of various low-calorie sweeteners among several end-use industries such as food and beverages are likely to have positive impact on the growth of the global market over the coming years.

Furthermore, increasing research & development activities for the development and improvement of sugar-free products by various key market players across the globe to cater the growing demand for D-psicose is also anticipated to contribute significantly to the growth of the global market over the forecast period. Change in lifestyles and higher adoption of clean label products globally are some other key factor influencing the growth of the market at a strong rate of growth.

US D-psicose Market  is poised to grow at a sustainable CAGR for the next forecast year.