Erythritol Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports

Erythritol Market Analysis - 2028
The global Erythritol market size is estimated to be worth US$ 833.4 million in 2022 and is forecast to a readjusted size of US$ 2748 million by 2028 with a Compound Annual Growth Rate (CAGR) of 22.0% during the forecast period. The rising prevalence of cardiovascular diseases, obesity, and diabetes, as well as shifting attitudes toward general wellness and fitness trends, are expected to drive erythritol market demand. 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.

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Like other polyols, erythritol does not promote tooth decay and is safe for people with diabetes. However, erythritol's caloric value of zero calories per gram and high digestive tolerance distinguishes it from other polyols.
Fully considering the economic change by this health crisis, Erythritol Powder accounting for % of the Erythritol global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Beverages segment is altered to an % CAGR throughout this forecast period.
Erythritol Market Segment Outlook
Based on type, the Erythritol Powder segment held the largest market share of about 85%. This is due to a growing demand for healthy sweeteners made from natural ingredients To gain a competitive advantage in the market, industry players are attempting to develop a new line of healthy sweetener powders by extracting erythritol from exotic fruits. In addition, the rising demand for specialty solutions in the food and beverage industry to provide healthier alternatives is expected to drive market growth.

Based on application, the Beverage segment is expected to be the most lucrative segment followed by Confectionery, Personal Care, Health Care, etc. This is due to a growing awareness of sugar-sweetened beverages, as well as a shift away from high-calorie foods. Its regular consumption does not cause insulin or cholesterol levels to rise, which is why it is becoming more popular among athletes.
Global erythritol key players include Cargill, Shandong Sanyuan Biotechnology, Mitsubishi-Chemical Foods, etc. Global top 3 manufacturers hold a share of over 70%.
China is the largest market, with a share of about 67%, followed by North America, which has a share of over 18 percent.

The authors of this research report have explored the key segments: Type and Application. The report offers an in-depth breakdown of type and application segments and their sub-segments. The lucrativeness and growth potential have been looked into by the industry experts in this report. This section of the report also provides sales and revenue forecast data by type and application segments based on sales, price, and revenue for the period 2017-2028. The specialists, to broaden the understanding of the users, have done value chain and raw material analysis in this section.

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Erythritol Market by Type
• Erythritol Powder
• Erythritol Granular
Erythritol Market by Application
• Beverages
• Food
• Medicines and Health Care Products
• Others
Competitors
• Cargill
• Shandong Sanyuan Biotechnology
• Zibo ZhongShi GeRui Biotech
• Zhucheng Dongxiao Biotechnology
• Mitsubishi-Chemical Foods
• Jungbunzlauer
• Baolingbao Biology
• Fultaste
• Zhucheng Xingmao Corn Developing
• Yufeng Industrial Group

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This release was published on openPR.