Healthy CAGR 7.0% is the Key Motivator for the Growth in Global Sugar Alcohol Market

Market Research Future (MRFR) has published on the "Sugar Alcohols Market”

Global Sugar Alcohols Market

Sugar alcohols are chemical molecules that are primarily formed from sugars and belong to the class of polyols. They are also known as polyhydric alcohols, polyalcohols, alditols, or glycitols. Sorbitol, mannitol, xylitol, isomalt, and hydrogenated starch hydrolysates are examples of sugar alcohols that are frequently included in food products. Sugar alcohols are derived from plant materials like fruits and berries. These plant items undergo a chemical transformation that changes the carbohydrate content. Due to their poor absorption and possible mild laxative effects, these sugar substitutes have a few calories less per serving than table sugar (sucrose). Despite their "sugar free" or "no sugar added" labels, many so-called "dietetic" items contain sugar alcohols. It's a common misconception among diabetics that meals marked "sugar free" or "no sugar added" won't affect their blood sugar levels. An individual entire meal plan must consider the calories and carbohydrate content of foods that contain these sugar alcohols because it is carbohydrates that cause blood glucose levels to rise. Because many people frequently eat meals that are "sugar free" or "no sugar added," their blood sugar levels may be noticeably increased.

Market Synopsis

According to the MRFR analysis, the Global Sugar Alcohols Market size is projected to reach USD 6.2 billion by 2030 at a CAGR of 7.0%.

The increasing demand for low-calorie food products due to rising health concerns and obesity issues are some of the vital factors contributing to its market growth. For instance, the American Diabetes Association estimates that 37.3 million Americans, or 11.3% of the population, had diabetes in 2019. Type 1 diabetes affects almost 1.9 million Americans, including about 244,000 children and teenagers. Furthermore, according to the Ministry of Health and Family Welfare, In India, there are 74.2 million diabetics between the ages of 20 and 79. But the Department of Health & Family Welfare, Government of India, offers technical and financial support to the States/UTs under the National Programme for Prevention and Control of Cancer, Diabetes, Cardiovascular Diseases, and Stroke (NPCDCS), a part of the National Health Mission, based on the proposals received from the States/UTs and subject to the resource envelope. (NHM). The program focuses on enhancing infrastructure, developing human resources, promoting health, and raising awareness for NCD prevention, early diagnosis, management, and referral to a suitable level of healthcare facility for treatment.

Besides this, the growing demand for sugar alcohols in the pharmaceutical and food and beverage industry is another factor contributing to its market growth. For example, pharmaceutical companies frequently utilize wet granulation to create oral solid dose forms. Mannitol is being used more frequently as a pharmaceutical binder in these formulations due to its many advantageous properties. Despite being excellent for fluidized-bed granulation and wet granulation in organic solvents, standard crystallized mannitol in -polymorphic form frequently lacks sufficient binding and tableting properties for use with high/low-shear wet granulation processes. Apart from this, increasing research and development activities to produce new sugar alcohols with improved properties and applications may serve as an opportunity for market growth. However, the limited availability of raw materials and high production costs of sugar alcohols may restrain its market growth.

COVID-19 Impact on Redused Sugar food & Beverages Market

The supply chain of the sugar alcohols market comprises manufacturers, distributors, and consumers. The COVID-19 pandemic has impacted the pharmaceutical, chemical, food manufacturers, water, and other industries supply chains, as many countries were under lockdown and sealed their borders to curb the spread of the virus. Every area of the economy has experienced development since the COVID-19 outbreak, and the sugar alcohols supply chain is no exception. The pandemic crisis had an increasing influence on Global commerce and supply chains as the world economy tries to cope with it, and this is due to the rapidly declining Global investment flows. The transportation sector is experiencing instability as a result of the declining/unavailability demand for products and raw materials. Strict containment measures implemented by governments of various nations and preventative steps to reduce the outbreak's effects have resulted in a large restriction on transportation, having a ripple effect around the globe. The pandemic has halted the entire value chain, from the acquisition of raw materials to production, packaging, and distribution, as well as the global supply chain. The outbreak has had a detrimental effect on the industry's entire supply chain. Lockdown restrictions have increased transportation trouble, resulting in the untimely delivery of raw materials required to produce the sugar alcohols and its products. The COVID-19 epidemic caused a global slowdown in industrial investment. The pharmaceutical, chemical, food and beverage manufacturers and other industries were impacted by, among other things, a shortage of workers, difficulty accessing markets, and a lack of raw materials. Additionally, COVID-19 had a significant influence on several markets, causing delays in the supply chain, manufacturing procedures, timely product delivery, and other areas. The majority of producers, however, have received some comfort from the falling occurrences of COVID-19.

Competitive Landscape

The global sugar alcohol market is projected to register a CAGR of 6.3% during the review period. The market's growth can be attributed to the surging demand for sugar for a range of applications in food, beverages, and functional food industries. Sugar alcohols also termed polyols, that are used as bulking and sweetening agents in the food & beverage industries. The sugar alcohol market is facing very higher competition across the globe. Sugar alcohols are mainly extracted from sugars and are soluble in nature and found naturally in various vegetables, and fruits in limited amounts. Sugar alcohols are commercially obtained from starches and sugars. Moreover, they are used as low-calorie sweeteners for food products and beverages. The market for sugar alcohol is highly fragmented, as there are various manufacturers operating in the global market and offering sugar alcohols such as polyols and other common types of sugar alcohols. In addition, the major producers associated with the sugar alcohol market are constantly concentrating on the adoption of various growth strategies such as new product launches, innovation, procurement of innovative technologies, partnerships, and acquisition strategies to gain an upper hand among the competitors. Moreover, the manufacturers operating in the global sugar alcohol market are also strategizing over the efficiency of operation, production, distribution, and mode of sales across the globe. Although, the overall growth of the sugar alcohols market is mainly based on the condition of the market, the development of the industry, and the support of the government. Besides that, the increasing number of individuals suffering from diabetes, surging incidences of obesity around the different nations of the world, shifting consumers' preferences towards the consumption of healthy products, and hectic, and deskbound lifestyles are the major factors increasing the demand for sugar alcohols in the food & beverage industry. Moreover, the growing demand for low-calorie food & beverages, and the surging application of sugar alcohols in pharmaceuticals are the major growth drivers for the sugar alcohols market across the globe and are anticipated to grow over the projected timeframe.

The global sugar alcohols market is fragmented and consists of some organized and unorganized industry players. To outperform rivals, manufacturers primarily concentrate on increasing production capacity, launching new products on a regular basis, and collaborating with important stakeholders. Key players include ADM (Archer Daniels Midland Company), Cargill, Incorporated, Ingredion Incorporated, Tate & Lyle, DuPont, Associated British Foods plc., Roquette Frères, Mitsubishi Corporation, International Flavors & Fragrances, Inc., and Suedzucker AG among others.

Segmentation

By Type

1. Sorbitol: Sorbitol is a type of carbohydrate also known as a sugar alcohol, or polyol, that is a water-soluble substance that occurs naturally in various fruits and vegetables. It is also conventionally produced from glucose that are used in packaged foods and beverages to offer sweetness, texture, and moisture retention.


2. Xylitol: The Xylitol has been categorized as sugar alcohols. It is a lower-calorie sugar substitute along with a low glycemic index. According to some research it can also improve dental health, prevent ear infections, and possess antioxidant properties. It has been a common ingredient in various product that has been commonly found such as from sugar free chewing gum to toothpaste.


3. Mannitol: Mannitol is naturally occurred from fruits such as pineapples, olives, asparagus, sweet potatoes, and carrots. It is released from seaweed for the process of food manufacturing. It contains 50% to 70% percent of the sweetness of sugar, that refers to more to be used in the sweetness of sugar.


4. Maltitol: Maltitol is another type of carbohydrate known as sugar alcohol, those are water-soluble mixture which occurs naturally in various fruits and vegetables. It is developed from starches those are rich in the sugar maltose. It is used in various products such as baked products, chewing gum, chocolates, energy bars, candies, dairy desserts, and ice cream to provide texture, sweetness, and creamy texture.


5. Others: The other segment is consisted of erythritol, isomalt, lactitol, and hydrogenated starch hydrolysates.

By Source

1. Fruits: Fruits is an important source in which vitamins and carbohydrates like fiber and sugar are present. They are low in calories and naturally sweet in nature. The various fruits and juices are good sources of water. Various fruits hold different vitamins, which is important to consume a variety of fruits.


2. Vegetables: Vegetable is a kind of plant life or plant product, usually refers to the fresh edible portions of certain herbaceous plants—roots, stems, leaves, flowers, fruit, or seeds. These plant sections are either eaten fresh and natural or prepared in a several ways, usually as a savory, rather than sweet, dish.


3. Grains: Polyols or the sugar alcohols, are made from maize or wheat. It is used in a broad variety of food products, because it has a great benefit on intestinal health.


4. Sugarcane & Molasses: Sugarcane & Molasses are the sticky, dark and sugar-rich by product of sugar removal from the sugarcane. It is a vital sustain ingredient, used as an energy origin and as a folder in combined feeds. Molasses is not a sweet like sugar but used in various recipes for flavor.


5. Others: The other segment consists of birch wood, soy sauce, asparagus, and seaweed.

By Form

1. Powder: Powder is a loose material that is developed in extremely tiny, dry, solid grains. It is commonly produced by grinding a hard material until the texture of flour, fine sand, or light snow it takes place and the freshly fallen, fluffy snow is often called powder.


2. Liquid: Liquid are basically blends of high-intensity sugar, stevia, monk fruit, sucralose, saccharin, and water. Zero-calorie syrups contain gums, which make them sticky. Preservatives are most commonly added to maintain their freshness. One of the sugar alcohols liquids maltitol that is a sugar substitute with half the calories of regular table sugar.

By Application

1. Bakery Products: The bakery segment of the sugar alcohols market includes a wide range of products such as cakes, cookies, muffins, pastries, and chocolates. As people become more health conscious, they are looking for healthier alternatives to traditional bakery products that are typically high in sugar and calories.


2. Confectionery & Chewing Gums: Even though increasing awareness regarding the health among consumers, have boosted the demand for healthy and clean labelled products those are creating an enormous pressure on manufactures in the confectionery and chewing gums industry, the market is still boosting strong.


3. Beverages: The beverages segment of the sugar alcohols market includes carbonated soft drinks, juices, sports drinks, and energy drinks, among others. Nowadays consumers are becoming more conscious regarding the unhealthy effects of high sugar intake on the health and are expecting to focus on low calorie or sugar substitute alternatives for maintaining a good health.


4. Dairy & Frozen Dessets: The dairy and dessert products include ice cream, custard, whipped toppings, puddings, and many other items. Consumers are demanding these products more as the people are looking after a healthy option, those contains low calories and contains the same level of taste at the same time.

By Region

1. North America: The North American region covers major markets that is US, Canada, and Mexico. The standard of living in North America is high and is considered a major contributor to creating demand for sugar alcohols products. In the recent years, the region has witnessed a vital shift towards the dynamic healthy lifestyle, which is leading to rise in demand for the less calorie’s products containing the sugar alcohols. Due to increase in the diabetic patients, obesity, and other diseases are boosting the demand for the low-calorie products. Moreover, as per FDA sugar alcohols that are another class of sweeteners can be used as sugar substitutes, such as sorbitol, xylitol, lactitol, mannitol, erythritol, and maltitol.


2. Europe: Europe basically includes France, Germany, Italy, Spain & Portugal, Austria & Switzerland, UK & Ireland, Benelux, Nordics, Central and Easter Europe, Southern Europe, and Rest of the Europe are all included in the analysis of the European market. According to the Union of European Soft Drinks Associations (UNESDA) it has been revealed that increasing health and nutrition awareness that assist the Europeans manage intake of added sugars by soft drinks to reduce calories by 10 percent by 2025. Along with associations the key sugar reduction players, including SweeGen, Kerry, Roquette and Sensient, also investing to launch the products those are containing low calorie or sugar in the product.


3. Asia-Pacific Asia-Pacific region in the world, that covers some of the major economies, including India, China, and Japan are growing rapidly because of the food & beverage consumption in the market. The Food Standards Australia and New Zealand (FSANZ) has conducted detailed safety estimation of the food additives including alternative sweeteners before the approval for the use in the food products. The food additive that has been approved by Food Standards Australia and New Zealand includes sugar alcohols, steviol glycosides, aspartame, monk fruit extract, aspartame, and many others.


4. Rest of the World: The rest of the World consist of South America, the Middle East, and Africa. For instance, on June 2022, the ministry of industry and advanced technology to collaborate with the UAE F&B manufacturers business group, have developed the Middle east first sugar and calorie reduction knowledge building program hosted by Tate & Lyle’s R&D lab in Dubai. Tate & Lyle, utilizing their expertise and technology capabilities in developing the six-week programme that focus on assist the food and beverage manufactures in the region to reduce the sugar calorie in their products.