Press release
Erythritol Market Size, Shares | Global Industry Revenue by Top Key Companies –Cargill, Jungbunzlauer, Baolingbao Biology, Zibo ZhongShi GeRui Biotech, Zhucheng Dongxiao Biotechnology, Shandong Sanyuan Biotechnology With CAGR of 10.9% during 2018-2023
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.
Global “Erythritol Market” peaks the detailed analysis of industry share, growth factors, development trends, size, majors manufacturers and 2023 forecast. The report also analyze innovative business strategies, value added factors and business opportunities. This Market report introduces market competition situation among the vendors and company profile, revenue, product & services, latest developments and business strategies.
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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.
The Key Players Covered in this report:
• Cargill
• Jungbunzlauer
• Baolingbao Biology
• Zibo ZhongShi GeRui Biotech
• Zhucheng Dongxiao Biotechnology
• Shandong Sanyuan Biotechnology and More....
Our Market Research Solution Provides You Answer to Below Mentioned Question:
• Which are the driving factors responsible for the growth of this market?
• Which are the roadblock factors for this market?
• What are the new opportunities responsible for the growth in the coming years?
• What are the present and future trends in this market?
• Which are the main factors responsible for a new product launch?
• How big is the global & regional market in terms of revenue, sales and production?
• How far will the market grow in forecast period in terms of revenue, sales, and production?
• Which region is dominating the global market and what are the market shares of each region in the overall market in 2018?
• How will each segment grow over the forecast period and how much revenue will these segments account for, in 2023?
• Which region has more growth opportunities?
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Segmentation by product type:
• Erythritol Powder
• Erythritol Granular
Segmentation by application:
• Confectionery
• Beverage
• Personal Care
• Health Care
• Others
Research objectives
• To analyze the Erythritol with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the consumption of Erythritol submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies and More…
Table of Contents
1 Scope of the Report
2 Executive Summary
3 Global Erythritol by Players
4 Erythritol by Regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
TOC Continued….!
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