Polyol Sweeteners Market Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

Polyol is a type of sugar that has a longer shelf life than regular sugar and its popularity has been on the rise in recent times. Polyol is known to be more stable for use as a stabilizing agent. The popularity of this sweetener has been attributed to its anti-microbial and antioxidant properties. It also helps in lowering the pH level in the stomach thereby reducing acid reflux. It does not cause any harm to the digestive system and is easily absorbed by the body. Polyol is produced naturally in the environment as it occurs naturally in nuts, seeds, grains, and seaweeds. It was until recently believed that polls had no significant effect on health but recent researches have proved that they can help in weight loss.

Rising disposable and net national income per capita and changing lifestyles are expected to drive growth of the global polyol sweeteners market during the forecast period. According to the World Bank, global adjusted net national income per capita reached US$ 9,290 in 2018, increasing from US$ 8,507 in 2011. According to the Organisation for Economic Co-operation and Development (OECD), housing disposable income in the U.S. reached US$ 53,123 in 2018. Besides, the lifestyles of consumers is changing rapidly with consumers across the globe eating healthier food products. Thus, these factors are expected to drive growth of the global polyol sweeteners market growth over the forecast period. Furthermore, increasing consumer demand for low-calorie and healthier food & beverage products is expected to boost the global polyol sweeteners market growth over the forecast period. Polyol sweeteners have lower caloric value and are based on corn and sugar derivatives.

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However, high cost of production of food & beverage products with polyol sweeteners as compared to sugar is expected to hinder the global polyol sweeteners market growth over the forecast period. Besides, continuous research and development activities to develop safer sugar substitutes can present lucrative growth opportunities in the global polyol sweeteners market in the near future. Among regions, Europe is expected to witness significant growth in the global polyol sweeteners market during the forecast period. This is owing to increasing demand for natural ingredients and rapid growth of the personal care industry in developed countries such as Italy, France, and Germany.

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Key players involved in the global polyol sweeteners market are Cargill, Inc., Foodchem International Corp., Sweeteners Plus, LLC, Ingredion Inc., Sukhjit Starch & Chemicals Ltd., DuPont, Roquette Frères, Shandong Futaste Co., Zibo Shunda Biotech Co., Ltd., Mitsubishi Corporation Life Sciences Ltd., HYET Sweet, and SPI Pharma.

For instance, in July 2020, Cargill, Inc. introduced a new sweetener C TruSweet 01795 to boost a 30% sugar and calorie reduction in beverages.

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This release was published on openPR.