Polyol Sweeteners Market- Global Opportunity Analysis And Industry Forecast (2017-2022)
The Global Polyol Sweeteners Market will grow at a CAGR of 4.8% from 2017 to 2022 to reach USD 3,267.9
million by 2022, according to this latest publication from Meticulous Research®.
The polyol sweeteners market driven by the rising consumer demand for
low-calorie and healthy food products, increasing prevalence of diabetes, and
growing demand from pharmaceutical industry. Moreover, “all natural” and “clean
label” trends within the food and beverage markets have embraced the growth of
polyol sweeteners market globally. While, side effects due to over consumption of
polyols sweeteners, stringent regulations, and international quality standards
for polyol sweeteners challenges the growth of polyol sweeteners to some
extent.
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The global polyol sweeteners
market is mainly segmented by type (sorbitol, xylitol, erythritol, lactitol,
mannitol, maltitol, isomalt, hydrogenated starch hydrolysate, and others), by
form (Solid and liquid), by applications (food & beverages,
pharmaceuticals, nutraceuticals, cosmetics & personal care, and others),
and by geography (North America, Europe, Asia-Pacific, Latin America, and
Middle East & Africa).
North America holds the major
share in the global polyol sweeteners market, followed by Asia-Pacific, and
Europe. The large share of this region is primarily attributed to the increased
consumption of functional food, growing desire to live healthy lifestyle, and
growing health & wellness trend. However, Asia-Pacific region possesses lucrative
growth potential for the polyol sweeteners market during the forecast period.
This is mainly attributed to rapid urbanization, increasing disposable income,
increasing prevalence of diabetes, growing functional food industry, expanding
use of polyols in nutraceuticals, and increased production of polyols in the
region.
The leading companies have
employed various strategies to expand their product and application offerings,
global footprint, and augment their market share. The key strategies followed
by most companies in the global polyol sweeteners market were new product
developments, acquisitions, and expansions. The key players in the global
polyol sweeteners market are Cargill Incorporated, Sweeteners Plus Inc., B Food
Science Co. Ltd, Gulshan Polyols Limited, Ingredion Incorporated, Archer
Daniels Midland Company, Roquette Frères Le Romain, Ecogreen Oleochemicals Pte
Ltd, Mitsubishi Corporation, Tereos, SPI Pharma, Inc., HYET Sweet B.V., Dynamic
Food Ingredients Corporation, Sukhjit Starch & Chemicals Ltd., Zhejiang
Huakang Pharmaceutical Co. Ltd, Dancheng Caixin Sugar Industry Co. Ltd., Hebei
Huaxu Pharmaceutical Co. Ltd, Sayaji Industries Limited, Dupont, Zuchem Inc.,
Zibo Shunda Biotech Co., Ltd, Hylen Co., Ltd., BENEO GmbH, and Foodchem
International Corporation.
About Meticulous Research®
Meticulous Research® is
founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in
2013 as a private limited company under the Companies Act, 1956. Since its
incorporation, the company has become the leading provider of premium market
intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle
East & Africa.
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