Global Consumption of Sugar Alcohols is Projected to Reach 7.8 Billion Pounds (lbs) by 2022
Surging Demand for 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 in the market
include A &
Z Food Additives Co. Ltd., Archer Daniels Midland Company, Associated British
Foods Plc, Atlantic Chemicals Trading GmbH (ACT), Beckmann-Kenko GmbH, Cargill
Inc., DowDuPont Inc., Fraken Biochem Co. Ltd., Ingredion Inc., Roquette Freres,
Sanxinyuan Food Industry Corporation Limited and WILD Flavors and Specialty
Ingredients, 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). The
report analyzes the Sugar Alcohols market by following End-Use Segments – Food
& Confectionery, Pharmaceuticals, Cosmetics, Oral-Care Products, and Other
End-Uses.
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