Global Consumption of Sugar Alcohols is Projected to Reach 7.8 Billion Pounds (lbs) by 2022
Use in Sugar-Free Confectionery & Oral Care
Products to Drive the Global Sugar Alcohols Market, According to a New Report
by Global Industry Analysts, Inc.
GIA launches comprehensive
analysis of industry segments, trends, growth drivers, market share, size and
demand forecasts on the global Sugar Alcohols market. Global
consumption of Sugar Alcohols is projected to reach 7.8 billion pounds (lbs) by
2022, driven by the robustly growing market for sugar-free and low-calorie
packaged food and drinks.
Sugar alcohols or
Polyols are naturally occurring carbohydrates in plants, berries, and fruits. Commercially synthesized
sugar alcohols include sorbitol, erythritol, isomalt, lactitol, maltitol,
mannitol, and xylitol, for applications in food, pharmaceuticals, cosmetics, and oral-care
products. With
sugar alcohols containing fewer
calories and lesser health effects than natural sugar, they are used as reduced-calorie sweeteners to
replace sugar in foods. Sugar
alcohols are popular ingredients in diabetic foods, given their reduced
glycaemic response. They are also popular as food additives as they perform a
number of technical functions, such as moisturizing, texturing, stabilizing,
emulsifying, humectancy, viscosity forming, and preservation. Sugar alcohols
with their "Generally Recognized as Safe" status, are poised to
benefit from the growing consumer demand for sugar-free and low-calorie
packaged food and drinks. High prevalence of obesity and diabetes will continue
to benefit growth in the market. As the processed food industry shifts towards healthy
foods to effectively leverage the benefits offered by guilt-free indulgence, sugar alcohol will increasingly replace natural sugar
in most food recipes. Alternative sweeteners, such as polyol-based sweeteners, enable
low calorie intake and aid in weight management. The increasing incidence of
diabetes is driving the demand for polyols because of their lower Glycemic
Index (GI) than sugar.
Studies have shown
that polyols are more effective than fluoride in preventing
dental cavities. Functional gums, medicated gums, gums releasing menthol
flavors, sugar-free gums and flavored gums therefore offer strong application opportunities
for polyols. Leveraging on the growing
health consciousness of consumers, gum makers are positioning chewing gums as
products aiding dental hygiene and as oral care products. Functional gums and
sugar-free confectionery are thus major growth segments for sugar alcohols. Sorbitol, the most widely used polyol, was
predominantly used in Vitamin C production. Oversupply and declining production
of Vitamin C however, has limited the use of sorbitol in Vitamin C production.
The scenario encourages other downstream applications for sorbitol, such as in
confectionery and personal care products.
As stated by the new
market research report on Sugar
Alcohols, Asia-Pacific represents
the largest and the fastest growing market worldwide, with a CAGR of 5.1% over
the analysis period. The growth in the region is led by steady gains in GDP, rising
standards of living, growing wave of consumerism especially in the convenience
food sector, expanding base of middle class population with high per capita
spends on functional foods, growing health consciousness and willingness to spend
on sugar free food and beverage alternatives.
Major
players covered in the report include A & Z Food Additives Co., Ltd., Atlantic Chemicals Trading GmbH, Beckmann-Kenko GmbH, Cargill Inc., Fraken Biochem Co. Ltd., Ingredion Inc., Roquette Freres, and Sanxinyuan Food
Industry Corporation Limited, among others.
The research report titled
“Sugar
Alcohols: A Global Strategic Business Report” announced by Global Industry
Analysts Inc., provides a comprehensive
review of the market trends, market issues, growth drivers, and strategic
industry activity of global companies.
The report provides market estimates and projections for major
geographic markets, including the US, Canada, Japan, Europe (France, Germany,
Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, and
Rest of Asia-Pacific), Middle East & Africa, and Latin America (Brazil
& Rest of Latin America).
Global
Industry Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA, All Rights
Reserved.
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