According to the current analysis of Reports and Data, the global Polyol Sweeteners for Sorbitol Market was valued at USD 2,844.3 Million in 2020 and is expected to reach USD 4,328.4 Million by the year 2028, at a CAGR of 5.6%. The growing demand to curb sugar in consumer products is a key factor influencing market demand. Polyol sweeteners have become widely accepted especially in food industry particularly in bakery and confectionery industry where serving sizes are generally smaller and sugar-free has become common. The portfolio of polyol sweeteners available in the market offer a wide range of benefits including heat stability, stability in cold and frozen products, ease of crystallization, and solubility among others which allows convenient replacement of sweeteners and sucrose in many formulations.
Growing health concerns associated with the consequent high intake of sweeteners and increasing consumption of low-calorie foods by the worldwide population are anticipated to create lucrative growth opportunities for the market.
Top Companies Operating in the Global Polyol Sweeteners for Sorbitol Market Report:
Cargill (the U.S.), Archer Daniels Midland Company (the U.S), E.I. Du Point De Nemours and Company (the U.S), Roquette Frères S.A. (France), Tereos Starch Sweeteners (France), and Südzucker AG (Germany).
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Further key findings from the report suggest
- Maltitol is anticipated to witness significant growth in the forecast period. Due to its low solubility and hygroscopicity and its positive impact on the machinability and texture of final products, mannitol is widely used for the production of chewing gum, and chewy sweets. Moreover, since mannitol is not cariogenic, it is also being used for oral care products.
- The application of polyol sweeteners in pharmaceutical sector is projected to boost in the coming years. Polyol such as the isomalt is used for powder blends and compression applications and for processing technologies such as wet granulation, roller compaction and fluid bed agglomeration in the pharmaceutical industry. Similarly, lactitol is registered as a pharmaceutical product, and is used as a laxative to prevent or treat constipation.
- Europe is projected to grow significantly in the forecast period. Consumers are more conscious about the importance of healthy routines and are increasingly adopting weight management foods. Moreover, the younger generations are now looking for foods that are healthy and are viable for the future. Sugar reduction is also becoming a popular trend, and many companies are introducing natural and healthier substitutes to sugar. According to Report by Barry Callebaut (Chocolate Company), 49% of global consumers are trying to limit their sugar intake.
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For the purpose of helping readers make profitable business decisions, the report is written with industry analysts, market segmentation, and data collection. In addition to providing detailed information on technical and product advances, this report also discusses market value, growth rates, and niche market segments in detail.
An analysis of the Polyol Sweeteners for Sorbitol Market has been carried out by segmenting it into key regions and offering information on growth rates, market shares, current and emerging trends, production and consumption ratios, analysis of the industrial chain, demand and supply, imports and exports, revenue contributions, and the presence of key players in each region. To gain a better understanding of the regional spread of and progress of the Polyol Sweeteners for Sorbitol Market, a country-by-country analysis of the market is provided in the report.
The global Polyol Sweeteners for Sorbitol Market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Further market segmentation
Type (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)
- Sorbitol
- Erythritol
- Maltitol
- Isomalt
- Xylitol
- Others
Form (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)
- Powder
- Syrup
Application (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)
- Food
- Beverages
- Dairy
- Oral Care
- Pharmaceuticals
- Others
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market? What kind of strategic business plans have they made?
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