The global demand for Sugar Alcohol Market is presumed to reach the market size of nearly USD 9.09 Billion by 2032 from USD 4.95 Billion in 2023 with a CAGR of 7% under the study period 2024 - 2032.
Sugar alcohol is a sweet carbohydrate derived from various sources, including sugarcane, sugar beet, molasses, grains, and fruits. Sugar alcohol is also known as a low-calorie sweetener. Sugar alcohol is used to make sugar-free or low-sugar products such as food additives, toothpaste, medicines, and beverages.
Market Dynamics
The occuranc of health-related issues, such as diabetes, obesity, and heart diseases is on a rise which is leading to high demand for sugar alcohol as an alternative to fructose and sucrose. Sugar alcohol is also being popularly used as humectant, texturizer, and for moisture retention especially for customers looking for healthier ingredients in various end product offerings. The expansion of applications of sugar alcohols across industries leads to higher demand for sugar alcohol. Besides that, the sugar alcohol is extensively used in the personal care and cosmetics industry. They are used in toothpaste and mouthwashes owing to their pleasant and sweet taste and are expected to drive the growth of the sugar alcohol market. However, high production costs of sugar alcohol compared to sugar are expected to hamper the development of the sugar alcohol market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of sugar alcohol. The growth and trends of sugar alcohol industry provide a holistic approach to this study.
Market Segmentation
This section of the sugar alcohol market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Contain
- Sorbitol
- Mannitol
- Xylitol
- Maltitol
- Others
By Form
- Powder & Crystal
- Liquid & Syrup
By Industry Vertical
- Food and Beverages
- Pharmaceuticals
- Personal Care
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Sugar Alcohol market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Sugar Alcohol Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the sugar alcohol market include Cargill, Incorporated., Roquette Freres, Archer Daniels Midland Company (ADM), Ingredion Incorporated, Tereos Participations SAS, Atlantic Chemicals Trading GmbH, Beckmann-Kenko GmbH, SANXINYUAN FOOD Industry Corporation Limited (SFI corp.Ltd), Mitsubishi Shoji Foodtech Co. Ltd, Fraken Biochem Co. Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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