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Polyol Sweeteners Global Market Report 2024 - By Size, Share, Trends And Industry Demand, Outlook By 2033
Polyol Sweeteners Market
As per the report, the polyol sweeteners market size has grown strongly in recent years. It will grow from $4.05 billion in 2023 to $4.32 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The polyol sweeteners market size is expected to see strong growth in the next few years. It will grow to $5.57 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%.
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Growing Consumer Demand For Low-Calorie And Healthier Products To Propel Polyol Sweeteners Market
The rise in consumer demand for low-calorie and healthier food and beverage products is expected to propel the growth of the polyol sweeteners market going forward. The low-calorie and healthier food and beverage products refer to food and beverage items that are low in calories, gluten-free, or non-alcohol with fewer artificial additives commonly used in maintaining a healthy diet by health-conscious people. Polyol sweeteners in low-calorie and healthier food and beverage products are used to substitute sugar, lowering calories, improve texture and flavors, and other functions. Polyol sweeteners are used in the production of soft drinks, beverages, or sausages, which increases the demand for foods due to changes in customer needs and increasing awareness related to reducing sugar consumption as well as anti-obesity campaigns. For instance, in July 2022, WeMakePrice, a Korean e-commerce platform announced that its sales of zero-calorie soft drinks grew by 396% as of June 2022. In addition, the sales of gluten-free rice, bread, pasta, chocolate, and other food items grew 38-fold compared to 2021. Therefore, the rise in consumer demand for low-calorie and healthier food and beverage products will drive the growth of the polyol sweeteners market.
Innovative Low Glycemic Sweetener Introduced By Carobway
Major companies operating in the polyol sweeteners market are focusing on innovating products, such as the low glycemic sweetener, to provide a competitive edge in the market. Low glycemic sweetener is a clean label, vegan, gluten-free, and non-GMO (genetically modified organism) sweetener made from whole carob fruit. For instance, in June 2023, CarobWay, Ltd., Israel-based food, and agri-tech company launched low glycemic sweetener. Low glycemic sweetener contains Mild, caramel-like flavor. Low glycemic sweetener is one-to-one sugar replacer used in various food and beverage applications.
The polyol sweeteners market covered in this report is segmented -
1) By Product: Sorbitol, Xylitol, Mannitol, Maltitol, Isomalt, Other Products
2) By Form: Powder, Liquid
3) By Function: Flavoring And Sweetening Agents, Bulking Agents, Excipients, Humectants, Other Functions
4) By Application: Food And Beverages, Personal Care And Cosmetics, Pharmaceuticals, Other Applications
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Major companies operating in the polyol sweeteners market report are Cargill Incorporated, Sweeteners Plus Inc., B Food Science Company Limited, Gulshan Polyols Limited, Ingredion Incorporated, Roquette Frères S.A., ADM Company, Tereos Starch & Sweeteners SAS, DuPont de Nemours Inc., Südzucker AG, Jungbunzlauer Suisse AG, Batory Foods Inc., SPI Pharma Inc., DFI Corporation, Mitsubishi Corporation Life Sciences Limited, PT Ecogreen Oleochemicals, Zibo Shuohui Chemical Company Limited, Fraken Biochem Company Limited, Beckmann-Kenko GmbH, Novagreen Inc., Truvia Whole Leaf Stevia Sweetener, Pure Via Stevia Sweetener, Dynamic Food Ingredients, Pruthvi's Foods Private Limited, Zhejiang Huakang Pharmaceutical Company Limited, Sukhjit Starch & Chemicals Limited, Shandong Futaste Company, Archer Daniels Midland Company, Grain Processing Corporation, Nutra Food Ingredients, Tate & Lyle PLC, Dancheng Caixin Sugar Industry Co. Ltd., Shijiazhuang Huaxu Pharmaceutical Co. Ltd., Hylen Co. Ltd., Foodchem International Corporation
Contents of the report:
1. Executive Summary
2. Polyol Sweeteners Market Report Structure
3. Polyol Sweeteners Market Trends And Strategies
4. Polyol Sweeteners Market - Macro Economic Scenario
5. Polyol Sweeteners Market Size And Growth
…..
27. Polyol Sweeteners Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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