What is the global market size of Sugar Alcohol Market?

Sugar Alcohol Market size was valued at USD 3.43 billion in 2021 and is poised to grow from USD 3.98 billion in 2022 to USD 6.39 billion by 2030, at a CAGR of 6.1% during the forecast period (2023-2030).

Sugar Alcohol Companies

Sugar Alcohol Market Competitive Landscape

Sugar Alcohol Market Top Player’s Company Profiles

Roquette Frères (France)

Ingredion Incorporated (US)

Cargill, Incorporated (US)

Archer Daniels Midland Company (US)

DuPont Nutrition & Biosciences (US)

Tereos (France)

Südzucker AG (Germany)

Mitsubishi Corporation (Japan)

Gulshan Polyols Ltd. (India)

Jungbunzlauer Suisse AG (Switzerland)

DFI Corporation (Japan)

Xylitol Canada, Inc. (Canada)

Zhejiang Huakang Pharmaceutical Co., Ltd. (China)

Shandong Longlive Bio-Technology Co., Ltd. (China)

Ecogreen Oleochemicals GmbH (Germany)

Sukhjit Starch & Chemicals Ltd. (India)

Merck KGaA (Germany)

HYET Sweet (Netherlands)

Ingredion UK Limited (UK)

The NutraSweet Company (US)

Sugar Alcohol Market

FAQs

Sugar Alcohol Market size was valued at USD 3.98 billion in 2022 and is poised to grow from USD 4.22 billion in 2023 to USD 6.78 billion by 2031, growing at a CAGR of 6.1% during the forecast period (2024-2031).

The global sugar alcohol market is characterized by a mix of established companies and emerging players. Market participants are focusing on product innovation, expanding their production capacities, and engaging in strategic collaborations to gain a competitive edge. Additionally, companies are investing in research and development activities to enhance the quality and efficacy of sugar alcohol products. The increasing demand for low-carbohydrate and sugar-free alternatives is attracting new entrants, intensifying the competition in the market. Companies are also striving to differentiate themselves by offering a wide range of sugar alcohol options and targeting specific consumer segments. 'Roquette Frères (France)', 'Ingredion Incorporated (US)', 'Cargill, Incorporated (US)', 'Archer Daniels Midland Company (US)', 'DuPont Nutrition & Biosciences (US)', 'Tereos (France)', 'Südzucker AG (Germany)', 'Mitsubishi Corporation (Japan)', 'Gulshan Polyols Ltd. (India)', 'Jungbunzlauer Suisse AG (Switzerland)', 'DFI Corporation (Japan)', 'Xylitol Canada, Inc. (Canada)', 'Zhejiang Huakang Pharmaceutical Co., Ltd. (China)', 'Shandong Longlive Bio-Technology Co., Ltd. (China)', 'Ecogreen Oleochemicals GmbH (Germany)', 'Sukhjit Starch & Chemicals Ltd. (India)', 'Merck KGaA (Germany)', 'HYET Sweet (Netherlands)', 'Ingredion UK Limited (UK)', 'The NutraSweet Company (US)'

One significant driver for the global sugar alcohol market is the increasing prevalence of obesity and diabetes worldwide. As these health concerns continue to rise, consumers are actively seeking healthier alternatives to sugar. Sugar alcohols provide a viable solution as low-calorie sweeteners, allowing individuals to satisfy their sweet cravings without the negative health impacts associated with excessive sugar consumption. This driver is fueling the demand for sugar alcohol products across various industries, including food and beverage, pharmaceuticals, and personal care.

A key market trend in the global sugar alcohol market is the growing demand for natural and plant-based sugar alcohol alternatives. Consumers are increasingly seeking products that align with their preferences for natural and clean label ingredients. This trend is driving manufacturers to develop sugar alcohols sourced from plant-based materials such as fruits and vegetables. Additionally, the rising popularity of organic and sustainable food options has further propelled the demand for natural sugar alcohols. Market players are focusing on innovation and product development to cater to this evolving consumer demand.

North America dominated the global sugar alcohol market. The region has witnessed significant growth due to several factors. Rising health consciousness among consumers, coupled with an increasing preference for low-carbohydrate and sugar-free products, has driven the demand for sugar alcohols in North America. The region has a well-established food and beverage industry, which has embraced the use of sugar alcohols as a healthier alternative to sugar.

Feedback From Our Clients

"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "

- Mr. Ali Zali, Commercial Director, ICIIC Iran.

Sugar Alcohol Market Size, Share, Growth Analysis, By Type(Sorbitol and Mannitol), By Application(Food and Beverages, Pharmaceuticals, and Personal Care and Cosmetics), By Region - Industry Forecast 2024-2031

Sugar Alcohol Market Competitive Landscape

Sugar Alcohol Market Report Snapshots

Want to customize this report?

FAQs

Request Free Customization

Feedback From Our Clients

$5,300

Sugar Alcohol Market Size, Share, Growth Analysis, By Type(Sorbitol and Mannitol), By Application(Food and Beverages, Pharmaceuticals, and Personal Care and Cosmetics), By Region - Industry Forecast 2024-2031

Sugar Alcohol Market Competitive Landscape

Sugar Alcohol Market Report Snapshots

Want to customize this report?

FAQs

What is the global market size of Sugar Alcohol Market?

Who are the key vendors in the Sugar Alcohol Market?

What is the key driver of Sugar Alcohol Market?

What is the key market trend for Sugar Alcohol Market?

Which region accounted for the largest share in Sugar Alcohol Market?

Request Free Customization

Related Reports

Feedback From Our Clients

$5,300