(I-BusinessNews.Com, May 24, 2021 ) The Sugar Polyols Market size is forecast to reach $4.31 billion by 2025, growing at a CAGR of 4.87% during the forecast period 2020-2025. Sugar Polyols is used as sugar substitutes in a wide variety of foods, beverages, confectionery, and even pharmaceuticals among others. Polyols are not only used for their sweetness, but also for adding bulk and texture, providing a cooling effect, inhibiting the browning that occurs during heating, and retaining moisture in foods. Increasing use of sugar polyols in food and pharmaceutical applications owing to their excellent functional properties and health benefits and the demand for low-calorie foods containing polyols is the major factor driving the growth of the market. Increasing consumer awareness of diabetes, as well as weight management, is set to further enhance the overall market demand for the Sugar Polyols Market during the forecast period 2020-2025.
Sugar Polyols Market Segment Analysis – By Type
The Sorbitol held the largest share in the Sugar Polyols Market in 2019 and is estimated to grow at a CAGR of 5.3% during the forecast period 2020-2025. Sorbitol is a sugar alcohol found in fruits and plants with a diuretic, laxative, and cathartic properties. Unabsorbed sorbitol retains water in the large intestine through osmotic pressure thereby stimulating peristalsis of the intestine and exerting its diuretic, laxative, and cathartic effect. Sorbitol is utilized as a cryoprotectant additive to produce surimi, an uncooked and highly refined fish paste. The product is also used to harmonize the flavors in beverages, such as fruit juices and carbonated drinks. Rising consumption of sorbitol-based sweetener in manufacturing distinguished food & beverage and dietary supplement products is projected to drive the product demand. Erythritol is a sugar alcohol used as a low-calorie sweetener. It provides only about 6% of the calories found in an equal amount of sugar. Most of the erythritol one eat is absorbed into the bloodstream and excreted in the urine. Sorbitol is set to be the highest growing segment and is estimated to register the highest CAGR during the forecast period 2020-2025.
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Sugar Polyols Market Segment Analysis – By Applications
Food & Beverages held the largest share in the Sugar Polyols Market in 2019. Polyols serve as useful sugar replacers in a wide range of products as part of a sugar-free diet. These sugar-free foods and products include chewing gums, candies, ice cream, baked goods, and fruit spreads. With a low glycemic response, they can also reduce insulin response, helping reduce the risk of diabetes. Sugar alcohols are widely utilized to coat confectionery products, such as chewing gums and candies, on account of their distinctive non-hygroscopic properties. Polyols, such as mannitol, sorbitol, and xylitol, contain fewer calories and exhibit identical sweetening properties as sucrose. Polyols are not only used for their sweetness, but also for adding bulk and texture, providing a cooling effect, inhibiting the browning that occurs during heating, and retaining moisture in foods. Growing consumer inclination towards oral hygiene and dental health is projected to drive the demand for polyol sweeteners-based oral care products, such as mouthwash and toothpaste. Food & Beverages segment is also set to be the fastest growing CAGR during the forecast period 2020-2025 owing to its increasing usage of Sugar Polyols in different products.
Sugar Polyols Market Segment Analysis – By Geography
Asia Pacific dominated the Sugar Polyols Market in 2019 with a share of more than 36.10%, followed by North America owing to the growing number of health-conscious consumers. Stringent regulations to curb Greenhouse Gas (GHG) emissions are likely to propel the demand for bio-based surfactants, increasing the growth of the Sugar Polyols Market in this region.
However, North America is estimated to grow at a higher CAGR during the forecast period 2020-2025 owing to the increased purchasing power parity and the growing consumption of sugar-free and sugar-reduced pharmaceutical products and nutritional supplements.
Sugar Polyols Market Drivers
Rising Preference Towards Low-Calorie Sweetener
Rising Preference towards Low-Calorie Sweetener is increasing the growth of the Sugar Polyols Market. The replacement of sugar with low-calorie sweeteners, such as xylitol and sorbitol, is expected to reduce the calorie intake, and thus, help in managing weight and blood sugar level. 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 health deteriorating effects in the long term. Urbanization, growing working-women population, and rising household income are driving the demand for natural sweeteners in the emerging economies. Overall, the high demand for natural food ingredients is providing new growth avenues for food sweeteners. Thus, increasing the growth of the Sugar Polyols Market during the forecast period 2020-2025.
Increasing consumer awareness of diabetes, as well as weight management
Increasing consumer awareness of diabetes, as well as weight management Sweetener, is increasing the growth of the Sugar Polyols Market. Polyols offer a simple solution to reducing caloric intake and minimizing postprandial glucose spikes. Polyols are considered reduced-calorie sweeteners as they only contain between 0 and 3 calories per gram, whereas sucrose contains 4 calories per gram. Despite the caloric and glycemic differences, polyols are physically similar to sucrose, which allows them to completely or partially replace sugars without sacrificing texture or taste. The unique properties of polyols are ideal for creating reduced-calorie, diabetic foods. Polyols are used to prepare a wide variety of food products, including chewing gum, candy, ice cream, frozen desserts, baked goods, chocolates, and fruit spreads. Thus, increasing the growth of the Sugar Polyols Market during the forecast period 2020-2025.
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Sugar Polyols Market Challenges
High production cost and risk associated with the side effect of sugar polyols over consumption
Some of the factors that are set to impede the growth of the Sugar Polyols Market are the high production cost and risk associated with the side effect of sugar polyols over consumption.
Sugar Polyols Market Industry Outlook
Product launches, mergers and acquisitions, joint ventures, and R&D activities are key strategies adopted by players in the Sugar Polyols Market. In 2019, the Sugar Polyols Market share is consolidated by the top ten players present in the market. Sugar Polyols Market, the top 10 companies are Archer Daniels Midland Company, B Food Science Co., Ltd., BENEO GmbH, Baolingbao Biology Co. Ltd, CSPC Shengxue Glucose Co., Ltd., Cargill, Inc., DFI Corporation, DHW Deutsche Hydrierwerke GmbH, DuPont Nutrition & Health (Danisco), Hebei Huaxu Pharmaceutical Co., Ltd., Ingredion Incorporated and Jungbunzlauer Suisse AG among others.
Acquisitions/Product Launches
In October 2017, DFE PHARMA announced the launch of their new specialty-grade SuperTab 40LL which is produced of lactose and lactitol monohydrate to expand their compression line which will enable clients to create tablets with a soluble excipient better and quicker.
In April 2017, Evonik and Rajburi Sugar announced that they have made a joint venture for the production of isomalt in Asia. The plant will use a high-yield manufacturing method created and licensed by Evonik to produce isomalt. The main aim of the launch is to provide innovative products to the customer which is beneficial for them and they will also be able to meet the rising demand for a sugar substitute in the Asia market.
Key Takeaways
Asia Pacific dominated the Sugar Polyols Market in 2019 owing to the growing number of health-conscious consumers and rising inclination toward low-calorie sweeteners, beverages, and food, such as snack bars, yoghurt, ice cream, and grain-based desserts.
Rising preference towards low calorie sweetener and rising household income are likely to aid in the market growth of the Sugar Polyols Market.
Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Sugar Polyols Market report.
High production cost and risk associated with the side effect of sugar polyols over consumption is poised to create hurdles for the Sugar Polyols Market.
Related Reports :
A. Sugar-Based Excipients Market
https://www.industryarc.com/Report/17785/sugar-based-excipients-market.html
B. Erythritol Market
https://www.industryarc.com/Report/16653/erythritol-market.html
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