Global Polyol Sweeteners Market by Application (F&B, Pharmaceuticals), by Type (Sorbitol, Mannitol), by Form (Liquid, Powder) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

In 2019, the global market for polyol sweeteners was valued at USD 5.6 million. It is projected to grow at a 6.4% compound annual growth rate (CAGR), between 2020 and 2027. The market is expected to grow due to growing demand for sugar replacements in food & beverages, and increasing consumer awareness about overall health & wellbeing. Polyol sweeteners, also known as saccharide derivatives, are made from hydro-generation or fermentation of carbohydrates from bio-wastes such as corn cob, birch bark, and pulp & papers waste. The product can also be called a sugar alcohol and is used in a variety of applications such as food, pharmaceutical, cosmetics, technical & chemical, as well as other industries. Due to growing consumer demand for low-calorie and healthier food products, the U.S. polyol sweeteners market is expected to grow rapidly. The product is also used in the paper, tobacco, and textile industries as a bulking and binding agent, humectant, chemical reactant, and humectant.

Catalytic hydrogenation (d-glucose) to make glucitol (dsorbitol), gives rise to sorbitol, which is used in a variety of applications as a bulking agent and sequestrates. Due to the increasing use of sorbitol as a stabilizer, excipient in drug formulations and in the preparation synthetic vitamin C, the pharmaceutical industry will see a significant increase in demand.

Polyol sweeteners can be used to make syrups, elixirs and pills. Because of their excellent plasticizing and humectant qualities, the product can also be used to make ointments and gelatin capsules. Sugar alcohols are used in oral care products such as toothpaste or mouthwash. They not only provide resistance to fermentation, but also add a refreshing sweetness.

Excessive consumption of sugar alcohols can cause gastrointestinal symptoms such as gas or laxative effects. The unabsorbed polyol sweeteners are able to enter the large intestine of the human body, where they bind with water. This causes fermentation, leading to flatulence and diarrhea. Products containing more sugar alcohols than 10% are subject to a laxative warning by the United States Food and Drug Administration (FDA).

Product Insights

In 2019, the sorbitol sweeteners market was responsible for 41% of global revenue. Because of its ability preserve freshness and prevent deterioration and keep the water content in baked goods, such as creams, cakes, and jellies, sorbitol is expected to see steady growth.

Surimi is a highly refined, uncooked fish paste that uses sorbitol as a cryoprotectant. It is also used in the harmony of flavors in drinks, such as fruit juices or carbonated beverages. The product's demand is expected to rise due to rising consumption of sorbitol, a sorbitol-based sweetener used in the manufacturing of distinguished food & beverages and dietary supplements products.

The widely-used thickener and moisturizer sorbitol is used in the production of face creams, milky lotions, and masks. The segment's potential growth is expected to be aided by the expanding application range in paints & coatings and the textile, surfactant and tobacco industries.

Because it can lower intracranial pressure and treat patients with oliguric kidney failure, the demand for sweeteners mannitol-based in pharmaceutical applications is expected to grow steadily. The product is given intravenously and then filters in the kidney.

Form Insights

The market leader in the polyol sweeteners was the powder-based ones. They accounted for over 75.0% of global revenue in 2019. The icing powder form of polyol sweeteners is used to make various food products such as candy, chewing gums, and bakery items. The product can also be used in pharmaceutical industries as a drug component.

The forecast period will see steady growth in powdered and crystallized sugar alcohols. This is due to their ease of handling, transport & storage and longer shelf life, which means they are less likely to spoil. The majority of functions of powdered sweeteners are the same as those of liquid counterparts. They are used extensively in bulking and coating agents for the manufacture of nutraceutical or functional foods.

As food additives, polydextrose, mint tablet, and other sugar-free foods like shrimp ball, roasted fish fillets, frozen raw fish, dried squid thread and other frozen aquatic products, crystal & powderedsorbitol and xylitol are used. The segment will see growth due to the increasing demand for these products and the increased consumption of frozen foods such as South Korea and China in the coming years.

High water solubility makes syrup- or liquid-based polyol sweeteners ideal for pharmaceutical and nutraceutical manufacturing. As consumers become more aware of the benefits of low-calorie diets, there will be a greater demand for liquid sugar alcohols.

Function Insights

The market leader in flavoring and sweetening agents accounted for over 53% of global revenue share in 2019. Different polyols have different sweetness levels and are often affected by the other ingredients in their products. Polyol sweeteners also need to consider mouthfeel and flavor underpinning characteristics.

To make sugar-free confectionery products, they are often combined with intense sweeteners or low-calorie sweeteners like saccharin, acesulfame pot, neotame and stevia sweeteners. Polyols' ability to provide mild sweetness and bulk and texture comparable to conventional sugar will likely drive product demand in the food and beverage industry over the coming years.

Some crystalline polyols such as erythritol and xylitol have a high heat solution that provides cooling effects in the mouth. These polyols are expected to see a high demand due to the increasing use of their products in the manufacture of peppermint- and menthol-based oral health products.

It can also be used to bulk up food and beverage products. To add sweetness and texture to bakery and confectionery products, polyols like sorbitol. Xylitol. maltitol. mannitol. isomalt. and erythritol. Market growth will be accelerated by the increasing use of polyols in cosmetics industry as humectants.

Application Insights

Food & beverage applications accounted for over 41.0% of global revenue share in 2019. The segment's growth is expected to be driven by rising demand for isomalt, mannitol and sorbitol bulk sweeteners for frozen desserts, dairy products and baked goods.

The United States Food and Drug Administration (FDA), has approved polyol sweeteners for use as food additives and Generally Recognized As Safe (GRAS), chemicals or substances in food products. GRAS products include erythritol and isomalt as well as polyglycitols and lactitol. Mannitol has interim status while xylitol can be used in special dietary food.

Because of their unique non-hygroscopic nature, sugar alcohols are often used to coat confectionery products such as candies and chewing gums. Polyols such as mannitol and sorbitol have fewer calories and the same sweetening properties as sucrose. The changing food habits and dietary patterns will likely drive the growth of sugar-free chewing gums.

Over the next few years, the personal care and cosmetics segment will experience steady growth. The segment's growth is expected to be supported by a growing consumer interest in oral hygiene and good dental health.

Regional Insights

Europe dominated the market, accounting for more than 42.0% global revenue share in 2019. Due to rising demand for natural ingredients, as well as the rapid expansion of the personal care sector in countries like France and Germany, the region's demand for polyol sweeteners is expected to show promising growth in the coming years.

The Horizon 2020 Strategy was also approved by the European Parliament in April 2019. This provisional agreement is intended to promote the development of naturally-derived product. This will, in turn, be expected to increase the demand for polyol sweetnessers in Europe's food processing industry during the forecast period.

Polyol sweeteners can also be used as an emulsifier and foaming and wetting agents, detergent, dispersant, and detergent. The rising demand for bio-based products in Europe will likely increase the use of bio-based surfactants such as sorbitol or rhamnolipids. Regulations to reduce Greenhouse Gas (GHG), emissions will likely drive the demand for biobased surfactants and promote market growth in Europe.

Markets in Asia Pacific are expected to grow at the fastest rate between 2020 and 2027, due to the increased purchasing power and growing use of sugar-free or sugar-reduced nutritional supplements and pharmaceutical products.

Market Share Insights & Key Companies

Market leaders are investing heavily in research and innovation to develop sustainable and improved processes for sugar alcohols from industrial waste. Manufacturers such as zuChem, Tang Chuan Biotechnology(Xiamen) Co., Ltd., are focusing on microbial fermentation, a process that uses biotechnological processes to produce polyols. Ingredion Inc. introduced ERYSTA Erythritol in May 2020 for the European-Middle East Africa (EMEA), food and beverage processing industry. This strategic initiative was designed to allow manufacturers to replace or reduce sugar in order to achieve nutrition-related claims such as "calorie-reduced" or "no added sugar" in certain applications. The following are some of the most prominent players in polyol sweeteners' market:

• Cargill, Inc.

• Sweeteners Plus, LLC

• B Food Science Co., Ltd.

• Gulshan Polyols Ltd.

• Ingredion Inc.

• Roquette Freres

• PT. Ecogreen Oleochemicals

• Mitsubishi Corporation Life Sciences Ltd.

• Tereos

• SPI Pharma

• HYET Sweet

• Jungbunzlauer Suisse AG

• DFI Corp.

• Sukhjit Starch & Chemicals Ltd.

• Zhejiang Huakang Pharmaceutical Co., Ltd.

• Shandong Futaste Co.

• Dancheng Caixin Sugar Industry Co. Ltd.

• Shijiazhuang Huaxu Pharmaceutical Co., Ltd.

• DuPont

• zuChem

• Zibo Shunda Biotech Co., Ltd.

• Hylen Co., Ltd.

• Beneo

• Foodchem International Corp.

Up Market Research published a new report titled “Polyol Sweeteners Market research report which is segmented by Application (F&B, Pharmaceuticals), by Type (Sorbitol, Mannitol), by Form (Liquid, Powder), By Players/Companies Hylen Co Ltd, Dancheng Caixin Sugar Industry Co Ltd, Cargill Inc, DuPont, Sukhjit Starch & Chemicals Ltd, DFI Corp, Zibo Shunda Biotech Co Ltd, Sweeteners Plus LLC, SPI Pharma, Mitsubishi Corporation Life Sciences Ltd, B Food Science Co Ltd, Shandong Futaste Co, Foodchem International Corp, Tereos, Jungbunzlauer Suisse AG, Shijiazhuang Huaxu Pharmaceutical Co Ltd, Roquette Fr¨res, Beneo, Ingredion Inc, HYET Sweet, Gulshan Polyols Ltd, zuChem, Zhejiang Huakang Pharmaceutical Co Ltd, PT Ecogreen Oleochemicals”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Polyol Sweeteners Market Report Segments:

The market is segmented by Application (F&B, Pharmaceuticals), by Type (Sorbitol, Mannitol), by Form (Liquid, Powder).

Polyol Sweeteners Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Polyol Sweeteners Market

Overview of the regional outlook of the Polyol Sweeteners Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Polyol Sweeteners Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Polyol Sweeteners Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. F&B

                2. Pharmaceuticals

                1. Sorbitol

                2. Mannitol

                1. Liquid

                2. Powder

9. Market scenario by region, sub-region, and country.
10. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
11. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
12. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Polyol Sweeteners Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Polyol Sweeteners Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.