Mannitol Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 3.51 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Mannitol Market Analysis
The global mannitol market is anticipated to reach a CAGR of 3.51% during the forecast period.
- Mannitol is a low-calorie sweetener,sugar alcohol, made fromfructoseand hydrogen.Mannitol is naturally presentin mushrooms, marine algae, strawberries, celery, onions, andpumpkins.
- Natural profile and clean label tag flauntedby mannitol, over similar artificial sweeteners, isthe driving factorfor the market in the near future.
- Mannitol drags water from the blood into the urine,actingas an osmotic diuretic, and graduallylowers down theblood pressure.
- On the darkerside, excessive consumption of mannitol may cause abdominal pain and even diarrhea because itattractswaterfrom the intestinal wall due to the osmotic effect.
Mannitol Market Trends
This section covers the major market trends shaping the Mannitol Market according to our research experts:
Mannitol Market is Gaining Popularity in the Bakery and confectionery Industry
Artificial sweeteners have replaced sugar to an extent in the bakery industry, especially as emulsifier in chocolate-flavored coatings for ice cream and confections. Apart from that, mannitol is widely used as a sweetener in chewing gum. Butter, frozen fish, pre-cooked pasta and infant formula also have mannitol as one of their components due to its dynamic properties. The reduced cost of production and the better economy scale are also pumping mannitol market growth.
Mannitol market in the Asia-Pacific is Growing Exponentially
Amidst an upgrading society, consumers have grown much health-conscious in the last decade and the food habits are changing likewise. The improved economic conditions and the changing lifestyles have resulted in the increased demand for convenience foods. The evolving dietary patterns such as low calorie and zero-calorie foods are increasing in the processed and packed food segment, resulting in the increased demand for artificial sweeteners. To fulfill the demands of the concerned consumers, companies like Shijiazhuang Huaxu Pharmaceutical Co., Ltd., Singsino Group Ltd.and Shandong Lianmeng International Trade Co., Ltd from the Asia Pacific are evolving and contributing to the global mannitol market. To add more, Qingdao Bright Moon Seaweed Group Co., Ltd., a Chinese company produces mannitol from seaweeds.
Mannitol Industry Overview
Mannitol market is a fragmented market with the presence of various large and small regional players. Leading manufacturers in the artificial sweetener market are using advanced technologies to provide safe, affordable, and efficient artificial sweeteners. Moreover, due to the extensive use of mannitol in the pharmaceutical and chemical applications, the manufacturers have enlarged the production scales due to the high demand. Some major players like Roquette Frères Company, Cargill, Incorporated., Shijiazhuang Huaxu Pharmaceutical Co.,Ltd., Ingredion Incorporated and SPI Pharma are leading the market.
Mannitol Market Leaders
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Roquette Frères Company
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Cargill, Incorporated.
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Shijiazhuang Huaxu Pharmaceutical Co.,Ltd.
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Ingredion Incorporated
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SPI Pharma
*Disclaimer: Major Players sorted in no particular order
Mannitol Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
- 3.1 Market Overview
4. MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
-
4.3 Porter's Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 By Form
- 5.1.1 Powder
- 5.1.2 Granules
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5.2 By Application
- 5.2.1 Food
- 5.2.2 Pharmaceuticals
- 5.2.3 Industrial
- 5.2.4 Others
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5.3 Geography
- 5.3.1 North America
- 5.3.1.1 United States
- 5.3.1.2 Canada
- 5.3.1.3 Mexico
- 5.3.1.4 Rest of North America
- 5.3.2 Europe
- 5.3.2.1 Spain
- 5.3.2.2 United Kingdom
- 5.3.2.3 Germany
- 5.3.2.4 France
- 5.3.2.5 Italy
- 5.3.2.6 Russia
- 5.3.2.7 Rest of Europe
- 5.3.3 Asia Pacific
- 5.3.3.1 China
- 5.3.3.2 Japan
- 5.3.3.3 India
- 5.3.3.4 Australia
- 5.3.3.5 Rest of Asia-Pacific
- 5.3.4 South America
- 5.3.4.1 Brazil
- 5.3.4.2 Argentina
- 5.3.4.3 Rest of South America
- 5.3.5 Middle East and Africa
- 5.3.5.1 South Africa
- 5.3.5.2 Saudi Arabia
- 5.3.5.3 Rest of Middle East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Most Adopted Strategies
- 6.2 Market Share Analysis
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6.3 Company Profiles
- 6.3.1 Roquette Freres Company
- 6.3.2 Cargill, Incorporated.
- 6.3.3 Ingredion Incorporated
- 6.3.4 SPI Pharma
- 6.3.5 Singsino Group Ltd.,
- 6.3.6 Shijiazhuang Huaxu Pharmaceutical Co.,Ltd.
- 6.3.7 Merck Millipore Corporation
- 6.3.8 Rongde Seaweed Co.,Ltd
- 6.3.9 Bright Moon Seaweed
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityMannitol Industry Segmentation
The Global Mannitol Market is segmented on the basis of form as powder form and granules. Based on application, the mannitol market is classified by its use in food, pharmaceutical, industrial and other applications. Also, the mannitol market has been segmented by Geography.
| By Form | Powder | |
| Granules | ||
| By Application | Food | |
| Pharmaceuticals | ||
| Industrial | ||
| Others | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Rest of North America | ||
| Geography | Europe | Spain |
| United Kingdom | ||
| Germany | ||
| France | ||
| Italy | ||
| Russia | ||
| Rest of Europe | ||
| Geography | Asia Pacific | China |
| Japan | ||
| India | ||
| Australia | ||
| Rest of Asia-Pacific | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America | ||
| Geography | Middle East and Africa | South Africa |
| Saudi Arabia | ||
| Rest of Middle East and Africa |
Mannitol Market Research FAQs
What is the current Mannitol Market size?
The Mannitol Market is projected to register a CAGR of 3.51% during the forecast period (2024-2029)
Who are the key players in Mannitol Market?
Roquette Frères Company, Cargill, Incorporated., Shijiazhuang Huaxu Pharmaceutical Co.,Ltd., Ingredion Incorporated and SPI Pharma are the major companies operating in the Mannitol Market.
Which is the fastest growing region in Mannitol Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Mannitol Market?
In 2024, the Asia Pacific accounts for the largest market share in Mannitol Market.
What years does this Mannitol Market cover?
The report covers the Mannitol Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Mannitol Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Mannitol Industry Report
Statistics for the 2024 Mannitol market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Mannitol analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
