The growth in the sugar alcohols market is driven by several factors. Technological advancements in food processing and ingredient formulation have significantly improved the quality and functionality of sugar alcohols, enhancing their appeal in various applications. The increasing demand for low-calorie and sugar-free products, driven by rising health consciousness and the global diabetes epidemic, has expanded the use of sugar alcohols in the food and beverage industry. Consumer behavior trends towards natural and healthier alternatives have further bolstered market growth. Additionally regulatory support for reducing sugar consumption in diets and the promotion of healthier lifestyles has accelerated the adoption of sugar alcohols.
The expanding pharmaceutical and oral care industries, where sugar alcohols are valued for their non-cariogenic and moisture-retention properties, also contribute to market growth. These diverse and interconnected factors collectively drive the expanding market for sugar alcohols, positioning them as a key ingredient in the pursuit of healthier dietary choices and innovative product development.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Sorbitol segment, which is expected to reach US$832.3 Million by 2030 with a CAGR of a 2.4%. The Mannitol segment is also set to grow at 1.9% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $339.2 Million in 2023, and China, forecasted to grow at an impressive 3.5% CAGR to reach $270.9 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Sugar Alcohols Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Sugar Alcohols Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Sugar Alcohols Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as A&Z Food Additives Co., Ltd., Archer Daniels Midland Company, Associated British Foods Plc, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 23 Featured):
- A&Z Food Additives Co., Ltd.
- Archer Daniels Midland Company
- Associated British Foods Plc
- Atlantic Chemicals Trading GmbH (ACT)
- Beckmann-Kenko GmbH
- Cargill Inc.
- Dow Inc.
- Fraken Biochem Co. Ltd.
- Ingredion Inc.
- Roquette Freres
- Sanxinyuan Food Industry Corporation Limited
Table of Contents
Companies Mentioned
- A&Z Food Additives Co., Ltd.
- Archer Daniels Midland Company
- Associated British Foods Plc
- Atlantic Chemicals Trading GmbH (ACT)
- Beckmann-Kenko GmbH
- Cargill Inc.
- Dow Inc.
- Fraken Biochem Co. Ltd.
- Ingredion Inc.
- Roquette Freres
- Sanxinyuan Food Industry Corporation Limited
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 184 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 1.2 Billion |
Forecasted Market Value ( USD | $ 1.4 Billion |
Compound Annual Growth Rate | 2.0% |
Regions Covered | Global |
No. of Companies Mentioned | 11 |