Press release
Mannitol Market Size, Growth, In-depth Analysis, Research Report Forecast up to 2028: Roquette Freres Company and SPI Pharma are key players.
Key determinants contributing to the global market expansion for mannitol include the increasing demand for sugar-free or low-sugar products. In addition, rising health awareness along with increasing incidences of diabetes are also positively contributing to the market prospects. Moreover, the rising demand for mannitol in the pharmaceutical industry is anticipated to contribute to the growth of the global market during the analysis period.However, the stringent regulatory landscape and stiff competition from other sugar alcohols coupled with possible side effects are hindering the growth of the global market for mannitol during the analysis period. Additionally, potential applications in areas such as personal care, chemical, and agriculture, are likely to open new avenues for innovation and growth in the market.
According to the analysis, growing demand from various end-user industries is fostering the mannitol market expansion.
Mannitol is a white crystalline naturally occurring sugar alcohol which offers a wide range of applications and benefits, making it an essential ingredient in various sectors. The pharmaceutical sector uses mannitol as a laxative, diuretic, and sweetener whereas in the food and beverage industry, it is used as a humectant, texturizer, and bulking agent. Furthermore, mannitol finds applications in industries such as personal care, chemicals, and agriculture. In the personal care sector, it is used in oral care products, skin creams, and lotions for its moisturizing and cooling properties. The chemical industry incorporates mannitol in the production of resins, adhesives, and coatings due to its ability to enhance product performance. In agriculture, this sugar polyol is utilized as a foliar fertilizer, promoting plant growth and improving crop yield.
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The global market for mannitol is divided into many categories based on form, application, and geographical region.
On the basis of form, the market classification has been done into powder and granules. Out of all these types, the powder segment is expected to hold a major market share during the analysis period. Powder mannitol is a safe and effective ingredient that can be used in a variety of applications such as cosmetic, pharmaceutical, industrial and food & beverage. It has several advantages, including better taste, greater moisture retention, improves texture, low calories, and safety, driving the growth of this segment.
Based on application, the market is segmented into food, pharmaceuticals, industrial and others. The pharmaceutical segment is expected to hold a significant market share among all these mentioned above. Mannitol's growing popularity in the pharmaceutical industry is attributed to its excellent properties as an excipient and its favorable safety profile. It is widely used as a pharmaceutical filler and binder due to its ability to enhance the stability and solubility of active pharmaceutical ingredients. Moreover, mannitol's non-cariogenic nature and its low calorific value make it a preferred choice in sugar-free and low-calorie formulations, further propelling its adoption in the pharmaceutical industry.
Out of all the geographical regions, Asia Pacific is expected to hold a significant market share in the global mannitol market. The market in this region is expanding quickly because of the growing demand for sugar-free products in countries such as India and China. The growing demand from the food & beverage and pharmaceutical industries are some of the key factors driving the growth of the regional market. The rising prevalence of diabetes along with increasing disposable income and changing eating habits is another factor driving the regional demand for mannitol. The Asia Pacific mannitol market is also predicted to rise significantly as a result of the presence of prominent market players such as Roquette Freres, Cargill, Inc., Ingredion Incorporated and Jungbunzlauer Suisse AG in the region.
The growth of the markets in North America and Europe is attributed to the high disposable incomes and the presence of well-established pharmaceutical and food & beverage industries.
As a part of the report, the major players operating in the global mannitol market, that have been covered are Roquette Freres Company, Cargill Incorporated., Ingredion Incorporated, SPI Pharma, Singsino Group Ltd., Merck Millipore Corporation and Bright Moon Seaweed.
This global mannitol market has been analyzed into the following segments:
• By Form
o Powder
o Granules
• By Application
o Food
o Pharmaceuticals
o Industrial
o Others
• By Geography
o North America
• United States
• Canada
• Mexico
o South America
• Brazil
• Argentina
• Others
o Europe
• United Kingdom
• Germany
• France
• Spain
• Others
o Middle East and Africa
• UAE
• Israel
• Saudi Arabia
• Others
o Asia Pacific
• Japan
• China
• India
• South Korea
• Thailand
• Taiwan
• Indonesia
• Others
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Knowledge Sourcing Intelligence
Phone: +1-850-250-1698
E-Mail: info@knowledge-sourcing.com
Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm publishing market research studies across ten industry verticals. KSI has a team of experienced and young professionals who focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports annually centering on the niche and latest technologies. In addition, we engage with key decision-makers and stakeholders across the value chain to provide clients with a detailed analysis and bird's-eye view of the market with complete market dynamics, statistical forecasts, competitive analysis, key trends, market drivers, and challenges, and strategic recommendations for making informed decisions. Our success lies in our analysts' efforts to meet client expectations by delivering quality work within the stipulated deadlines.
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