Sugar Alcohol Market Worldwide Industry Analysis, Future Demand and Forecast till 2029

The global sugar alcohol market is expected to grow at a CAGR of 5.6% during the forecast period. The increasing use of sugar alcohols in the production of beverages, dairy products, and confectionery is the major factor driving the growth of the market. Sugar alcohols are suitable for a wide range of uses in the food and beverage industry owing to which it contributes to the ever-increasing demand to reduce the sugar content in products such as soft drinks, dairy products, and baked goods without losing the desired sugary taste. The food and beverages market is rapidly expanding as the interest of consumers in beverages brings more product variation to the market. Increasing demand from the food and beverage industry is expected to promote sugar alcohol and will have a positive impact on the market growth. 

Moreover, the extensive use of sugar alcohols in the bakery and confectionery sector is further anticipated to drive market growth. Sugar alcohol is increasingly used in the bakery as an alternative to sugar and to provide texturizing and moisture retention to the product. The significance of sugar alcohol as a healthy sweetener in several bakeries is rapidly gaining attraction among market players as well as consumers. For instance, in 2020, Ingredion EMEA launched its first polyol sweetener, ERYSTA Erythritol. The sweetener enables manufacturers to replace sugar to achieve claims, such as no added sugar or 'calorie-reduced in products including ice cream, desserts and chocolate confectionery among other multiple applications. ERYSTA C40 Erythritol is produced by fermentation that enables manufacturers to achieve energy reduction or no added sugar claims in multiple applications by reducing or replacing sugar.

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Market Coverage

The market number available for - 2021-2029
Base year- 2021
Forecast period- 2023-2029

Segment Covered- 

By Type
By Form
By Application

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- Archer-Daniels-Midland Co., International Flavors and Fragrances, Inc., Cargill, Inc., Ingredion Inc., and Roquette Freres SA.

Sugar Alcohol Market Report by Segment

By Type

Sorbitol
Xylitol
Maltitol
Lactitol
Isomalt
Mannitol
Others

By Form

Powder and Crystal
Liquid and Syrup

By Application

Food and Beverages
Pharmaceuticals
Personal Care and Cosmetics
Others

A full Report of Sugar Alcohol Market is Available @  https://www.omrglobal.com/industry-reports/sugar-alcohol-market

Sugar Alcohol Market Report by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles 

Associated British Foods plc
Atlantic Chemicals Trading GmbH
Oy Karl Fazer Ab
Sanxinyuan Food Industry Corp. Ltd. (SFI Corp. Ltd.)
Sweet Appeal Natural Products LLC 
Sweet Natural Trading Co. Ltd.
Tate & Lyle plc
Yusweet Xylitol Technology Co., Ltd. 

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