Global Polyol Sweeteners Market

Polyol Sweeteners Market Size, Share, Growth Analysis, By Form(Powder, liquid), By Type(Sorbitol, Xylitol, Mannitol, Maltitol), By Function(Flavoring & Sweetening Agents, Bulking Agents, Excipients, Humectants), By Application(Food & Beverages, Personal Care & Cosmetics, Pharmaceuticals, others), By Region - Industry Forecast 2024-2031


Report ID: SQMIG15E2349 | Region: Global | Published Date: February, 2024
Pages: 270 | Tables: 122 | Figures: 77

Polyol Sweeteners Market Insights

Polyol 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).

Polyols are adaptable, low-calorie sweeteners that don't include sugar. Polyols range from 30% to 100% as sweet as sucrose in terms of sweetness. Polyols will continue to be important in food and pharmaceutical applications due to the obesity issue and ageing population in the United States and other industrialised countries, as well as the rising concern for people's general health and oral health issues in developing countries. In order to make these items more economical, manufacturing businesses and researchers will concentrate on developing methods to optimise the polyol production processes.

Due to the unique characteristics of polyols—properties that are absent from many other bulk sweeteners—they can be employed in bread items. Cakes, biscuits, pastries, fillings, and icings are the principal uses in the bakery industry. Polyols are also frequently used in confectionery products such crushed tablets, sugar-free candies, chocolate, pastilles, jellies, and toffee or caramel. The growing demand for low-calorie foods and beverages as people's awareness of their health increases and the pharmaceutical industry's extensive use of polyols are the reasons expected to fuel the market’s expansion during the coming years.

US Polyol Sweeteners Market is poised to grow at a sustainable CAGR for the next forecast year.

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Polyol 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).

Polyol Sweeteners Market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'Cargill, Incorporated', 'Roquette Freres', 'Archer Daniels Midland Company', 'Ingredion Incorporated', 'DuPont de Nemours, Inc.', 'Tereos', 'Jungbunzlauer Suisse AG', 'A & Z Food Additives Co., Ltd.', 'Shandong Lujian Biological Technology Co., Ltd.', 'SPI Pharma, Inc.', 'Gulshan Polyols Ltd.', 'Zibo Huacheng Polyols Co., Ltd.', 'Shandong Futaste Co., Ltd.', 'Jinyang Biological Technology Co., Ltd.', 'Hill Pharmaceutical Co., Ltd.', 'Zhongshun Science & Technology Development Co., Ltd.', 'Baolingbao Biology Co., Ltd.', 'TCI Chemicals (India) Pvt. Ltd.', 'Roquette America, Inc.', 'Ecogreen Oleochemicals GmbH'

It is well known that typical sweeteners like sucrose and glucose have large calorie contents that lead to diseases like diabetes and obesity. The desire for low-calorie and zero-calorie sugar substitutes is being fueled by the growing understanding of the harmful health effects of ingesting high-calorie sweets. As polyol sweeteners fulfil this criterion which leads to the polyol sweetener market size expansion during the forecast period.

In the food and beverage business, steviol glycosides (SGs) are frequently employed as a sugar replacement and natural, calorie-free sweetener. Intensively sweet plant-derived substances called steviol glycosides are allowed to be added to a wide range of foods and beverages. The stevia component market has seen a number of recent technical developments that have opened up the creation of steviol glycosides of the newest generation with a less unpleasant aftertaste. These steviol glycosides, Reb M, Reb E, and Reb D, are present in lesser concentrations in the stevia leaf but give a superior sensory profile and cleaner taste more comparable to that of sugar. New technologies have permitted the sustainable manufacture of these steviol glycosides. For instance, Codex Alimentarius, an organisation that sets food standards, has established a Framework for steviol glycosides, a move that is anticipated to be advantageous for the whole stevia business. The new Framework sees Codex approve four stevia manufacturing technologies: stevia leaf extract, Steviol glycosides from fermentation, bioconverted steviol glycosides, and glucosylated steviol glycosides.

Europe region dominated the 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.

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Global Polyol Sweeteners Market

Report ID: SQMIG15E2349

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