Polyol Sweeteners Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 4.50 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Polyol Sweeteners Market Analysis
The sugar polyols market is projected to register a CAGR of 4.5% over the forecast period.
- Rising demand for sugar alternatives in the food & beverage industry and growing consumer awareness regarding health & wellness are expected to boost the target market. Sugar polyols are saccharide derivatives obtained from fermentation or hydro-generation of carbohydrates from bio-wastes, such as birch bark, corn cob, and pulp & paper waste.
- Moreover, companies are focusing on developing products composed of natural ingredients, along with specialty products that help improve health through balanced diets. Sorbitol and erythritol are gaining significance across various applications of food.
- Consumption of sugar substitutes in countries such as India, Japan, and Australia is expected to increase steadily due to rising concerns regarding diabetes and obesity. According to the International Diabetes Federation, China is witnessing significant growth in the diabetic population.
Polyol Sweeteners Market Trends
Rising Preference Towards Low-Calorie Sweetener
- The United States Food and Drug Administration (US FDA) has certified sugar polyol for food items as food additives or as generally recognized as safe (GRAS) chemicals or compounds. GRAS products include erythritol, isomalt, sorbitol, lactitol, and maltitol, while mannitol is an interim food additive, and xylitol is permitted for use in certain dietary goods. There is an increase in the use of sugar polyols in the food and pharma industry owing to low calories requirement. The increasing application of sugar polyols in various primary industries is one of the critical factors for demand growth.
- Moreover, replacing sugar with low-calorie sweeteners, such as xylitol and sorbitol, is expected to reduce calorie intake and, thus, help in managing weight and blood sugar levels. There is a rising inclination toward low-calorie sweeteners, beverages, and food, such as snack bars, yogurt, ice cream, and grain-based desserts.
- Global market trends indicate that consumers are moving toward healthy, natural, zero-calorie sweeteners, as many artificial sweeteners are proven to have deteriorating health effects in the long term. Urbanization, the growing working-women population, and rising household income drive the demand for natural sweeteners in emerging economies.
- The high demand for natural ingredients provides new growth avenues for food sweeteners. In the United States, Canada, Western Europe, and Japan, the consumption of high-intensity sweeteners is expected to increase slowly as the diet beverage market is matured.
Europe Holds the Largest Market Share
- Europe led the market with the highest market share of the global revenue share in 2022. The demand for sugar polyols in the region is projected to exhibit promising growth over the upcoming years, owing to the need for sugar substitutes and the rapidly expanding personal care industry in the countries like Germany, France, and others.
- The Europe market proliferates due to the high consumption of confectionery products such as candy and pops. Europe is an emerging economy with various working professionals, leading to the awareness of sugar-free products and the adoption of sugar substitutes in the daily diet.
- Moreover, there is an increase in the working women population and fast-paced lifestyle in this region, leading to the consumption of different processed food products. Also, high purchasing power parity and increased consumption of sugar-free and sugar-reduced pharmaceutical products and nutritional supplements in the region drive the demand for sugar polyols. These are some of the factors that have increased the demand for sugar polyols in the region.
Polyol Sweeteners Industry Overview
The sugar polyols market is highly competitive due to the presence of key players like Archer Daniels Midland Company, Cargill, Inc., Roquette Frères, DuPont Nutrition & Health (Danisco), and Ingredion Incorporated. These companies mainly focus on capacity expansion due to the increasing demand for healthier sugar substitutes. They are also adopting mergers, acquisitions, partnerships, and expansion strategies to expand their geographical reach in the market.
Polyol Sweeteners Market Leaders
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Archer Daniels Midland Company
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Cargill, Inc
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Ingredion Incorporated
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Dupont Nutrition & Health (Danisco)
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Roquette Frères
*Disclaimer: Major Players sorted in no particular order
Polyol Sweeteners Market News
- March 2023: Archer Daniels Midland Company announced the launch of the Knwble Grwn brand to provide consumers with wholesome, plant-based food ingredients that are sustainably sourced.
- March 2022: Roquette invested EURO 25 million (USD 27.6 million) in liquid and powder sugar polyol to bolster its position in the polyol market at the site in Lestrem in North East France.
Polyol Sweeteners Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
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
-
5.1 By Type
- 5.1.1 Erythritol
- 5.1.2 Sorbitol
- 5.1.3 Maltitol
- 5.1.4 Isomalt
- 5.1.5 Other Types
-
5.2 By Application
- 5.2.1 Food and Beverages
- 5.2.2 Pharmaceuticals
- 5.2.3 Personal Care
-
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 United Kingdom
- 5.3.2.2 Germany
- 5.3.2.3 France
- 5.3.2.4 Russia
- 5.3.2.5 Italy
- 5.3.2.6 Spain
- 5.3.2.7 Rest of Europe
- 5.3.3 Asia Pacific
- 5.3.3.1 India
- 5.3.3.2 China
- 5.3.3.3 Japan
- 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 & Africa
- 5.3.5.1 South Africa
- 5.3.5.2 Saudi Arabia
- 5.3.5.3 Rest of MEA
6. COMPETITIVE LANDSCAPE
- 6.1 Study Assumptions and Market Definition
- 6.2 Market Share Analysis
-
6.3 Company Profiles
- 6.3.1 Archer Daniels Midland Company
- 6.3.2 Cargill, Inc
- 6.3.3 Dupont Nutrition & Health (Danisco)
- 6.3.4 Roquette Frères
- 6.3.5 Ingredion Incorporated
- 6.3.6 B Food Science Co., Ltd.
- 6.3.7 DFI Corporation
- 6.3.8 DHW Deutsche Hydrierwerke GmbH
- 6.3.9 BENEO GmbH
- 6.3.10 Hebei Huaxu Pharmaceutical Co., Ltd.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityPolyol Sweeteners Industry Segmentation
Sugar polyols are low-calorie sweeteners used in many food and drinks, such as candy, ice cream, and soda.
The sugar polyols market is segmented by type, application, and geography. Based on type, the market is segmented into erythritol, sorbitol, maltitol, isomalt, and others. The market is segmented into food and beverages, pharmaceuticals, and personal care based on application. Also, the study provides an analysis of the sugar polyols market in emerging and established markets across the world, including North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.
The report offers market sizes and values in (USD Million) during the forecast years for the above segments.
| By Type | Erythritol | |
| Sorbitol | ||
| Maltitol | ||
| Isomalt | ||
| Other Types | ||
| By Application | Food and Beverages | |
| Pharmaceuticals | ||
| Personal Care | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Rest of North America | ||
| Geography | Europe | United Kingdom |
| Germany | ||
| France | ||
| Russia | ||
| Italy | ||
| Spain | ||
| Rest of Europe | ||
| Geography | Asia Pacific | India |
| China | ||
| Japan | ||
| Australia | ||
| Rest of Asia-Pacific | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America | ||
| Geography | Middle East & Africa | South Africa |
| Saudi Arabia | ||
| Rest of MEA |
Polyol Sweeteners Market Research FAQs
What is the current Sugar Polyols Market size?
The Sugar Polyols Market is projected to register a CAGR of 4.5% during the forecast period (2024-2029)
Who are the key players in Sugar Polyols Market?
Archer Daniels Midland Company, Cargill, Inc, Ingredion Incorporated, Dupont Nutrition & Health (Danisco) and Roquette Frères are the major companies operating in the Sugar Polyols Market.
Which is the fastest growing region in Sugar Polyols Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Sugar Polyols Market?
In 2024, the Europe accounts for the largest market share in Sugar Polyols Market.
What years does this Sugar Polyols Market cover?
The report covers the Sugar Polyols Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Sugar Polyols Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Sugar Polyol Industry Report
Statistics for the 2024 Sugar Polyol market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Sugar Polyol analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
