The global polyol sweeteners market is expected to grow to US$ 7.6 billion by 2032 at an average compound annual growth rate (CAGR) of 6.4%, according to a study by Future Market Insights (FMI).
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Polyol sweeteners are a type of sugar substitute that is derived from carbohydrates. They are also known as sugar alcohols because their chemical structure resembles sugar. However, polyol sweeteners have fewer calories and a lower glycemic index than sugar, making them a popular choice for people with diabetes and other health concerns.
According to the report, growing research and development initiatives to develop new, healthier, and creative sugar substitutes and rising cases of people with chronic diseases such as diabetes are factors in the market’s Growth. The report offers a comprehensive market overview, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate market analysis.
“Polyol sweeteners, a category of sugar substitutes, are gaining prominence in the food and beverage industry. These low-calorie and tooth-friendly sweeteners are increasingly used in various products, catering to consumer preferences for healthier and reduced-sugar options.” by Lead Research Analyst, Future Market Insights, Inc.
This Growth is being driven by a number of factors, including:
- Increasing awareness of the health risks associated with sugar consumption
- Rising demand for healthy and functional foods and beverages
- Growing popularity of clean-label products
- Growing disposable income in emerging economies
It includes in-depth insights into the polyol sweeteners market. Some of these are:
- Consumers’ growing emphasis on health issues is one of the main drivers of the global polyol sweeteners industry.
- The powder segment is expected to rise at a fast CAGR rate over the forecast period.
- Erythritol is projected to share substantial Growth in the global polyol sweeteners market.
- Asia-Pacific is projected to possess lucrative growth opportunities in the global polyol sweeteners market.
- Key players would likely concentrate on product development to remain competitive in developed markets.
North America Growth Prospects Remain Strong
North America has the largest share of the global demand for polyol sweeteners. The large proportion of this area is primarily due to increased functional food intake, increasing willingness to live a healthier lifestyle, and growing trends in health & wellness.
Asia Pacific region possesses lucrative growth opportunities for consuming polyol sweeteners. This is primarily due to rapid urbanization, increased disposable income, increased diabetes prevalence, increased functional food industry, use of polyols in nutraceuticals, and increased polyol output in the area.
The food industry is bracing for significant changes as questions about the COVID-19 spread are increasing. Companies change their activities to meet increased demand. Buying teams turn emphasis away from conventional negotiations and towards ensuring a sufficient supply of goods in demand.
Many businesses have placed contingency measures to prepare for deeper disruptions in the supply chain, both globally and within the USA. Food retailers must ensure local procurement to resolve the danger of cross-regional transport bans. Among other nations, producers with facilities have started collaborating with local suppliers to keep the product going.
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Who is Winning?
The global market for polyol sweeteners is highly competitive, and the major players have used tactics such as new product releases, extensions, alliances, joint ventures, collaborations, acquisitions, and others to raise their footprints in this segment.
A few of the major competitors currently working in the global polyol sweeteners market are Cargill, Incorporated., Archer Daniels Midland Company, Roquette Frères, Ingredion Incorporated, Jungbunzlauer Suisse AG, Gulshan Polyols Ltd., Zhejiang Huakang Pharmaceutical Co., Ltd, Roquette Frères, Mitsubishi Corporation., HYET Sweet., among others.
Key Companies Profiled in Polyol Sweeteners Market
- Cargill
- Sweeteners plus
- Fooding Group
- Zibo Shuohui Chemical Co Ltd
- Splenda
- now Real Food
- Truvia
- Stevi0cal
- Sweet sante
- Others
Get Valuable Insights into the Polyol Sweeteners Market
In its new report, Future Market Insights presents an unbiased analysis of the global polyol sweeteners market, covering historical demand data and forecast figures between 2022 and 2032. The study divulges compelling insights into the Growth witnessed in the market.
The global polyol sweeteners market is segmented based on type, form, application, and function. The market is segmented based on type into sorbitol, erythritol, maltitol, isomalt, xylitol, and others. Based on the form, the market is segmented into powder/crystal and liquid/syrup. Based on the application, the market is segmented into bakery & confectionery, beverages, dairy, oral care, pharmaceuticals, and others.
Based on the function, the market is segmented into flavoring or sweetening agents, bulking agents, excipients, and humectants. Regionally, the market can be segmented into North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA.
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Segments Covered in Polyol Sweeteners Market Analysis
Type
- Sorbitol
- Erythritol
- Maltitol
- Isomalt
- Xylitol
Form
- Powder/Crystal
- Liquid/Syrup
Application
- Bakery & Confectionery
- Beverages
- Dairy
- Oral Care
- Pharmaceuticals
- Others
Region
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
Authored By:
Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives. She has exceptional analytical skills and often brings thought leadership to the table.
Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.
Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions, post-merger integration, and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India. Nandini has authored several publications and quoted in journals, including Beverage Industry, Bloomberg, and Wine Industry Advisor.
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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The post Polyol Sweeteners Market to Grow Rapidly at Healthy 6.4% CAGR by 2032, Driven by Demand for Low-calorie and Sugar-free Products | FMI appeared first on Future Market Insights.
