Mannitol Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The global mannitol market is anticipated to reach a CAGR of 3.51% during the forecast period.

Key Highlights

• Mannitol is a low-calorie sweetener, sugar alcohol, made from fructose and hydrogen. Mannitol is naturally present in mushrooms, marine algae, strawberries, celery, onions, and pumpkins.
• Natural profile and clean label tag flaunted by mannitol, over similar artificial sweeteners, is the driving factor for the market in the near future.
• Mannitol drags water from the blood into the urine, acting as an osmotic diuretic, and gradually lowers down the blood pressure.
• On the darker side, excessive consumption of mannitol may cause abdominal pain and even diarrhea because it attracts water from the intestinal wall due to the osmotic effect.

Key Market Trends

Mannitol Market is Gaining Popularity in the Bakery and confectionery Industry

Artificial sweeteners have replaced sugar to an extent in the bakery industry, especially as emulsifier in chocolate-flavored coatings for ice cream and confections. Apart from that, mannitol is widely used as a sweetener in chewing gum. Butter, frozen fish, pre-cooked pasta and infant formula also have mannitol as one of their components due to its dynamic properties. The reduced cost of production and the better economy scale are also pumping mannitol market growth.

Mannitol market in the Asia-Pacific is Growing Exponentially

Amidst an upgrading society, consumers have grown much health-conscious in the last decade and the food habits are changing likewise. The improved economic conditions and the changing lifestyles have resulted in the increased demand for convenience foods. The evolving dietary patterns such as low calorie and zero-calorie foods are increasing in the processed and packed food segment, resulting in the increased demand for artificial sweeteners. To fulfill the demands of the concerned consumers, companies like Shijiazhuang Huaxu Pharmaceutical Co., Ltd., Singsino Group Ltd.and Shandong Lianmeng International Trade Co., Ltd from the Asia Pacific are evolving and contributing to the global mannitol market. To add more, Qingdao Bright Moon Seaweed Group Co., Ltd., a Chinese company produces mannitol from seaweeds.

Competitive Landscape

Mannitol market is a fragmented market with the presence of various large and small regional players. Leading manufacturers in the artificial sweetener market are using advanced technologies to provide safe, affordable, and efficient artificial sweeteners. Moreover, due to the extensive use of mannitol in the pharmaceutical and chemical applications, the manufacturers have enlarged the production scales due to the high demand. Some major players like Roquette Frères Company, Cargill, Incorporated., Shijiazhuang Huaxu Pharmaceutical Co.,Ltd., Ingredion Incorporated and SPI Pharma are leading the market.

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