Press release
Erythritol Market 2018: Global Industry Analysis By Top Key Players (Cargill, Jungbunzlauer, Shandong Sanyuan Biotechnology)
The Research begins with the Overview of Global Erythritol Market Analysing Industrial Chain, Sourcing Strategy and Downstream Buyers. The Research also provide Information about Manufacturers, Market Competition, Cost, Market Effect Factors with Market Forecast (2018-2023). This enables the buyer of the report to gain a telescopic view of the competitive landscape and plan the strategies accordingly.Erythritol is a white crystalline powder with a clean sweet taste that is similar to sucrose. It is approximately 70% as sweet as sucrose and flows easily due to its non-hygroscopic character.
The research report analyses and provides the historical data along with current performance of the Erythritol Market. This report analyzes the potential of Erythritol Market in the present and the future prospects from various angles in detail. Competitive Insights
The worldwide market for Erythritol is expected to grow at a CAGR of roughly 10.9% over the next five years, will reach 150 million US$ in 2023, from 81 million US$ in 2017.
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Market Segment by Manufacturers, this report covers
Cargill
Jungbunzlauer
Baolingbao Biology
Zibo ZhongShi GeRui Biotech
Zhucheng Dongxiao Biotechnology
Shandong Sanyuan Biotechnology
Scope of the Report:
This report focuses on the Erythritol in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The technical barrier of erythritol is high, resulting in few companies in the market. Cargill is the largest producer, accounting for almost 76.74% of output in 2016. Other relatively large companies are Jungbunzlauer, Zibo ZhongShi GeRui Biotech, Zhucheng Dongxiao Biotechnology and Shandong Sanyuan Biotechnology. As for main production countries, it is estimated that USA accounted for more than 76.74% of global erythritol output in 2016, while China ranked second position with about 16.37% share.
Erythritol has a wide range of applications in food, beverage, heath care products, and other industries. With the growing demands to reduce overall sugar consumption, the food industry is seeking ways to respond to consumer demand for foods that help meet their dietary and weight loss goals. This means developing foods that are sugar-free, lower calorie and low in glycemic carbohydrates while also trying to achieve the desired texture, flavor and stability of traditional products. In a word, with the growth of global consumption level and health awareness, the demand for erythritol is expected to continue increasing during the remaining years of the forecast period of 2018-2023.
In the past few years, the price of erythritol has decreased and will increase in 2017 and we expect the price will slightly higher in future. However, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of erythritol.
As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality. With the snatch for market share in emerging regions, the competition in erythritol industry will become more intense.
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Market Segment by Type, covers
Erythritol Powder
Erythritol Granular
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Applications, can be divided into
Confectionery
Beverage
Personal Care
Health Care
Others
TABLES AND FIGURES
1 Market Overview
2 Manufacturers Profiles
3 Global Erythritol Sales, Revenue, Market Share and Competition by Manufacturer (2016-2017)
4 Global Erythritol Market Analysis by Regions
5 North America Erythritol by Countries
6 Europe Erythritol by Countries…Toc Continued
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