Report ID: SQMIG15E2349
Report ID:
SQMIG15E2349 |
Region:
Global |
Published Date: February, 2024
Pages:
270
|
Tables:
122 |
Figures:
77
Europe region dominated the global polyol sweetener market in 2021. Polyol sweeteners market in the region is predicted to demonstrate promising growth over the future years, owing to the desire for natural ingredients and quickly developing personal care industry in countries, such as Italy, France, and Germany. Additionally, the European Parliament introduced a provisional agreement intended to encourage the development of naturally-derived products which has anticipated the growth over the forecast period, increasing market demand for polyol sweeteners in the European food processing sector. Polyol sweeteners are also employed as emulsifiers, foaming and wetting agents, detergents, and dispersants. It is anticipated that increasing demand for bio-based goods in Europe would encourage the use of bio-based surfactants like sorbitol and rhamnolipids. The need for bio-based surfactants is projected to increase due to strict restrictions to reduce greenhouse gas (GHG) emissions, which will support market expansion in Europe.
According to estimates, the market in Asia Pacific would grow at the quickest rate by 2028. This can be attributed to improved buying power parity and the growing usage of sugar-free and sugar-reduced medicinal items and nutritional supplements.
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REQUEST FREE CUSTOMIZATIONPolyol Sweeteners Market size was valued at USD 3021.13 million in 2019 and is poised to grow from USD 3195.8 million in 2023 to USD 5015.2 million by 2031, growing at a CAGR of 5.79% in the forecast period (2024-2031).
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Report ID: SQMIG15E2349