Cautious Approach to Healthy Living is Boosting Global Polyol Sweeteners Market

Polyol Sweeteners
  • Polyol Sweeteners Market

The GlobalPolyol Sweeteners Marketwas valued at USD 3.16 Billion in 2021 and is projected to reach USD 4.81 Billion by 2028, growing at a Compound Annual Growth Rate (CAGR) of 6.2% from 2022 to 2028. Polyol is a natural sugar-free sweetener. It is a group of low-carbohydrate carbohydrates that can be used as a sugar substitute. Polyols are used with the same amount of sugar, unlike other low-calorie sweeteners. Polyols are also called sugar alcohols. They are used as a growing variety of sugar-free and low-calorie foods and beverages for their health benefits.

Increasing consumer demand for low-calorie and healthy foods, as well as beverage products, is fueling the polyol sugar market. Increased income and improved living conditions are also improving the market for polyol sweeteners. Increased awareness about the effectiveness of pharmaceutical sweeteners used is estimated to end the market for polyol sweeteners. Although a major obstacle to the growth of the market for polyol sweeteners is the high cost of products containing polyol sweeteners. COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating a series of supply chain and market disruptions, and its financial impact on firms and financial markets. The market is predicted to generate revenue opportunities for producers in the aftermath of the COVID-19 disaster.

The market for polyol sweeteners can be categorized based on type, form, function, application, and region. Based on the type, the market for polyol sweeteners can be divided into sorbitol, erythritol, maltitol, and others. Based on the form, the market can be divided into powder and liquid. While based on performance, the Polyol Sweeteners Market can be divided into flavoring & sweetening agents, bulking agents, humectants, and others. According to the application, the global market for polyol sweeteners can be segmented into food and beverages, personal care and cosmetics, pharmaceuticals, and more.

Europe is expected to lead the market during the forecast period. Demand for polyol sweeteners in the region is expected to show promising growth over the next few years due to increased demand for natural ingredients and the rapid growth of the human care industry in countries such as Italy, France, and Germany. Processing of polyol sweeteners occurs mainly in Denmark and France. Norway and the Netherlands are also expected to make a significant contribution to the market for poly sweeteners in Europe. Market growth in Europe can also be attributed to favorable government policies. China, India, and Japan are leading the Polyol Sweeteners Market in the Asia Pacific due to the growing demand for cosmetic products in these countries.

Some of the major players operating within the Global Polyol Sweeteners Market include - Archer Daniels Midland Company (US), Cargill (US), Roquette Frères S.A. (France), E.I. Du Point De Nemours and Company (US), Südzucker AG (Germany), Tereos Starch & Sweeteners (France), Ingredion Incorporated (US), Gulshan Polyols Limited (India), Jungbunzlauer Suisse AG (Switzerland), Batory Foods (US), Dfi Corporation (US) and B Food Science Co., Ltd. (Japan).