The global sugar alcohol market is expected to grow at a CAGR of 5.6% during the forecast period. The increasing use of sugar alcohols in the production of beverages, dairy products, and confectionery is the major factor driving the growth of the market. Sugar alcohols are suitable for a wide range of uses in the food and beverage industry owing to which it contributes to the ever-increasing demand to reduce the sugar content in products such as soft drinks, dairy products, and baked goods without losing the desired sugary taste. The food and beverages market is rapidly expanding as the interest of consumers in beverages brings more product variation to the market. Increasing demand from the food and beverage industry is expected to promote sugar alcohol and will have a positive impact on the market growth.
Moreover, the extensive use of sugar alcohols in the bakery and confectionery sector is further anticipated to drive market growth. Sugar alcohol is increasingly used in the bakery as an alternative to sugar and to provide texturizing and moisture retention to the product. The significance of sugar alcohol as a healthy sweetener in several bakeries is rapidly gaining attraction among market players as well as consumers. For instance, in 2020, Ingredion EMEA launched its first polyol sweetener, ERYSTA Erythritol. The sweetener enables manufacturers to replace sugar to achieve claims, such as no added sugar or ‘calorie-reduced in products including ice cream, desserts and chocolate confectionery among other multiple applications. ERYSTA C40 Erythritol is produced by fermentation that enables manufacturers to achieve energy reduction or no added sugar claims in multiple applications by reducing or replacing sugar.
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Market Coverage
• The market number available for – 2023-2031
• Base year- 2023
• Forecast period- 2024-2031
Segment Covered-
· By Type
· By Form
· By Application
Regions Covered-
· North America
· Europe
· Asia-Pacific
· Rest of the World
• Competitive Landscape- Archer-Daniels-Midland Co., International Flavors and Fragrances, Inc., Cargill, Inc., Ingredion Inc., and Roquette Freres SA.
Sugar Alcohol Market Report by Segment
By Type
• Sorbitol
• Xylitol
• Maltitol
• Lactitol
• Isomalt
• Mannitol
• Others
By Form
• Powder and Crystal
• Liquid and Syrup
By Application
• Food and Beverages
• Pharmaceuticals
• Personal Care and Cosmetics
• Others
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Sugar Alcohol Market Report by Region
· United States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of Europe
Asia-Pacific
· India
· China
· Japan
· South Korea
· Rest of APAC
Rest of the World
• Latin America
• Middle East and Africa
Company Profiles
• Associated British Foods plc
• Atlantic Chemicals Trading GmbH
• Oy Karl Fazer Ab
• Sanxinyuan Food Industry Corp. Ltd. (SFI Corp. Ltd.)
• Sweet Appeal Natural Products LLC
• Sweet Natural Trading Co. Ltd.
• Tate & Lyle plc
• Yusweet Xylitol Technology Co., Ltd.
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