Global Polyol Sweeteners market demand 2024, Forecast To 2033
4 Mar, 2024
The polyol sweeteners market size has grown strongly, increasing from$4.05 billion in 2023 to$4.32 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The historic growth is attributed to diabetic-friendly alternatives, dental health concerns, functional properties in food manufacturing, regulatory support for sugar reduction, increased incidence of obesity, growing consumer preference for natural sweeteners, rise in health-conscious consumer behavior, and focus on sugar reduction in children’s products. Looking ahead, the market is expected to see strong growth, reaching$5.57 billion in 2028 with a compound annual growth rate (CAGR) of 6.6%. This growth will be driven by the focus on low-glycemic sweeteners, consumer demand for clean label products, expansion of sugar taxation policies, innovation in sweetener blends, growth in the functional food and beverage market, research on health benefits of polyols, and expanding use in non-food products. Major trends in the forecast period include technological advancements in production, clean eating and natural ingredients, customized sweetening solutions, plant-based ingredients, globalization of food trends, and collaboration with health organizations.
Global Polyol Sweeteners Market Key Driver
The polyol sweeteners market is expected to thrive owing to the rise in consumer demand for low-calorie and healthier food and beverage products. Health-conscious consumers seek low-calorie options, leading to the adoption of polyol sweeteners in various food and beverage items as substitutes for sugar. Notably, sales of zero-calorie soft drinks and gluten-free products have surged, reflecting changing consumer preferences and anti-obesity campaigns. Consequently, the increased demand for healthier food choices is poised to drive the growth of the polyol sweeteners market.
Get A Free Sample Of The Global Polyol Sweeteners Market ReportGlobal Polyol Sweeteners Market Segments
The global 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
By Geography: The regions covered in the polyol sweeteners market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa.
Europe was the largest region in the polyol sweeteners market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the polyol sweeteners market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major Polyol Sweeteners Industry Players
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
Get The Full Global Polyol Sweeteners Market Report
Polyol Sweeteners Market Overview
Polyol sweeteners refer to the special group of sugar alcohols that are formed as a result of the catalytic hydrogenation of carbohydrates, which are naturally found in fruits and vegetables. Polyols sweeteners are used as sugar-free sweeteners in foods and beverages.
Polyol Sweeteners Global Market Report 2023 provides data on the global polyol sweeteners market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The polyol sweeteners market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.