Polyol Sweeteners Market Worldwide Analysis | Business Growth and Forecast to 2024

Research Reports

Jan 22, 2021

Market Highlights

Global Polyol Sweeteners Market is expected to garner a revenue of USD 3.6 Billion by 2024 at a CAGR of 6% during the forecast period of 2019–2024. Polyol sweeteners are a category of low-calorie sweeteners used as a flavoring agent, bulking agent, and humectant. Surging demand for healthy and low-calorie products among the global populace has rendered the market lucrative for the manufacturers of polyol sweeteners. To cater to the increasing demand for polyol sweeteners and the changing consumer preferences, the market players are focusing on their research and development activities to launch new and innovative products in the global market. Manufacturers of polyol sweeteners are also introducing safe and healthier sugar substitutes in the market to exploit the emerging growth opportunities and gain a higher edge in the competitive market.

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Key Players

Some of the key players in the global Polyol Sweeteners Market are

Ingredion Incorporated (US),
DuPont de Nemours (US),
Tereos (France),
Mitsubishi Shoji Foodtech Co., Ltd. (Japan),
Roquette Freres S.A. (France),
Batory Foods (US),
Gulshan Polyol Limited (India),
American International Foods Inc. (US),
Südzucker (Germany),
Cargill (US),
Beckman Kenko (Germany),
Archer Daniels Midland Company (US),
Fraken Biochem (China),
DFI Corporation (US),
Novagreen Inc. (Canada)
Jungbunzlauer Suisse AG (Switzerland)

Market Segment

The global polyol sweeteners market is segmented by type, form, and application.

Based on type, the global polyol sweeteners market has been segmented into xylitol, erythritol, sorbitol, isomalt, maltitol, and others. The sorbitol segment is projected to dominate the market and register the highest growth rate during the forecast period. The segment growth can be attributed to the surging demand of sorbitol in various applications as a polyol artificial sweetener, mainly personal care and cosmetics. It is used in personal care and cosmetics as a flavoring agent, artificial sweetener, and to retain moisture. It is also used to regulate proper bowel movement by functioning as a laxative and drawing water into the large intestine.

The global Polyol Sweeteners Market has been bifurcated, by form, into solid and liquid. The solid segment is expected to garner a larger revenue share and register the higher CAGR as solid (powdered) polyols as sweeteners are easy to manufacture and use in food & beverages applications. Additionally, solid polyol sweeteners are easy to handle, require less space, and incur less transportation cost as compared to liquid polyol sweeteners.

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Regional Analysis

The global polyol sweeteners market has been segmented, by region, into North America, Europe, Asia-Pacific, and the rest of the world.

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