Sugar Alcohols Market By Product (Sorbitol, Mannitol, Xylitol, Glycerol And Others), By End-User (Food, Healthcare And Others)
Global Sugar Alcohols Market was worth USD 10.22 billion in 2016 and estimated to be growing at a CAGR of 6.5%, to reach USD 14 billion by 2021. Sugar alcohols, which is a class of polyols, are commonly added to food products because of their lower caloric content than sugars.
They are also, in general, less sweet, and are often combined with high-intensity sweeteners. They are also an active ingredient in chewing gum because they are not broken down by bacteria in the mouth or metabolized to acids, and thus do not contribute to tooth decay.
Maltitol, sorbitol, xylitol, erythritol, and isomalt are some of the more common types of sugar alcohols or polyols. Sugar alcohols may be formed under mild reducing conditions from their analogue sugars.
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The most common sources of sugar alcohol are fruits and berries. The carbohydrate in these plant products is altered through a chemical process.
These sugar substitutes provide somewhat fewer calories than table sugar (sucrose), mainly because they are not well absorbed and may even have a small laxative effect. In several commercial foodstuffs, sugar alcohols are commonly used in place of table sugar (sucrose), often in combination with high-intensity artificial sweeteners to counter the low sweetness.
Xylitol is perhaps the most popular sugar alcohol due to its similarity to sucrose in visual appearance and sweetness.
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- Market Segmentation
- Y-o-Y Growth Analysis, By Product
- Market Attractiveness Analysis, By Product
- Market Share Analysis, By Product
- End User
- Y-o-Y Growth Analysis, By End User
- Market Attractiveness Analysis, By End User
- Market Share Analysis, By End User
The major factors affecting the Sugar Alcohols market include the changing consumer lifestyles and growing health concerns which drive people away from consuming high-calorie food. Other factors include increasing diabetes concerns, rising obesity levels and the threat of cardiovascular diseases.
As for the restraints of the market, the stringent government regulations and relative lack of awareness among consumers regarding the product are the major concerns.
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The Global Sugar Alcohols market is broadly classified by Product into Sorbitol, Mannitol, Xylitol, Glycerol and Others and by End User into Food, Healthcare and Others. Based on geography, the global market is analyzed under various regions namely North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa.
The Sugar Alcohols Market is dominated by North America in 2016 with the region accounting for 36% of the overall market share. North America was followed next in line by Europe and Asia-Pacific.
Asia-Pacific is expected to grow rapidly in the coming years as is evident from the high CAGR value for the region.
The Sugar Alcohols market is highly competitive with a large number of players. Key market players dominating the market with their products are Roquette, Nestle, Wholesome Sweeteners, Ingredion, Sanxinyuan, Fraken Biochem, Cargill, Atlantic Chemicals, A&Z Food Additives and Bernard Food Industries.
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