The global Polyol Sweeteners market size is expected to be worth around US$ 9.2 billion by 2027, according to a new report by Vision Research Reports.
The global Polyol Sweeteners market size was valued at US$ 5.5 billion in 2019 and is anticipated to grow at a CAGR of 6.3% during forecast period 2020 to 2027.
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Increasing demand for in the food & beverage industry coupled with growing consumer awareness regarding overall health & wellness is expected to drive the market. Polyol sweeteners are saccharide derivatives that are obtained from fermentation or hydro-generation of carbohydrates from bio-wastes, such as birch bark, corn cob, and pulp & paper waste. Also termed as a sugar alcohol, the product is being utilized as one of the favorable “natural” ingredients in several applications, such as food, pharmaceutical, cosmetics, and other technical & chemical industries. The polyol sweeteners market in the U.S. is projected to exhibit high growth on account of growing consumer demand for healthier and low-calorie food products. In addition, the product is used as a bulking agent, binder, humectant, and chemical reactant in the tobacco, textile, and paper industries.
Growing demand for the product as a functional ingredient in various application segments, such as bakery & confectionery, and pharmaceuticals, is projected to drive the market over the forecast period. Shifting consumer preference for low-calorie foods coupled with growing concerns regarding health issues, such as diabetes, obesity, and heart diseases are anticipated to spur the industry growth.
Report HighlightsSorbitol-based sweetener is projected to be the largest type segment ascending at a CAGR of 5.7% over the forecast period This growth is credited to the growing product demand in the dietary supplements and dairy processing industries as a low-calorie functional ingredient and as a substitute to conventional sugar The food & beverages application segment accounted for the maximum market share of more than 41% in 2019 owing to the widespread consumption of sorbitol, erythritol, and isomalt in packaged goods, such as frozen desserts, chocolates, and bread rolls Asia Pacific is anticipated to exhibit the fastest CAGR over the forecast years on account of the rising number of confectioneries, oral care, and chewing gum manufacturers in the region
Key PlayersCargill, Inc. Sweeteners Plus, LLC B Food Science Co., Ltd. Gulshan Polyols Ltd. Ingredion Inc. Roquette Frères PT. Ecogreen Oleochemicals Mitsubishi Corporation Life Sciences Ltd. Tereos SPI Pharma HYET Sweet Jungbunzlauer Suisse AG DFI Corp. Sukhjit Starch & Chemicals Ltd. Zhejiang Huakang Pharmaceutical Co., Ltd. Shandong Futaste Co. Dancheng Caixin Sugar Industry Co. Ltd. Shijiazhuang Huaxu Pharmaceutical Co., Ltd. DuPont zuChem Zibo Shunda Biotech Co., Ltd. Hylen Co., Ltd. Beneo Foodchem International Corp.
Polyol Sweeteners Product OutlookSorbitol Xylitol Mannitol Maltitol Isomalt Others
Polyol Sweeteners Form OutlookPowder Liquid
Polyol Sweeteners Function OutlookFlavoring & Sweetening Agents Bulking Agents Excipients Humectants Others
Polyol Sweeteners Application OutlookFood & Beverages Personal Care & Cosmetics Pharmaceuticals Others
Polyol Sweeteners Regional OutlookNorth America The U.S. Canada Mexico Europe Germany The U.K. France Spain Italy Asia Pacific China Japan India Australia & New Zealand Central & South America Brazil Argentina Middle East & Africa UAE
In this study, the years considered to estimate the market size of Polyol Sweeteners are as follows:Historic Year: 2016-2019 Base Year: 2020 Forecast Year 2020 to 2027
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– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
The study objectives of this report are:To analyze and study the global market capacity, production, value, consumption, status (2016-2019) and forecast (2020-2027); Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future. Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players To define, describe and forecast the market by type, application and region. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks. To identify significant trends and factors driving or inhibiting the market growth. To analyze the opportunities in the market for stakeholders by identifying the high growth segments. To strategically analyze each submarket with respect to individual growth trend and their contribution to the market To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market To strategically profile the key players and comprehensively analyze their growth strategies.
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