Sugar Alcohol Market Research Report - Forecast to 2027

Sugar Alcohol Market Research Report: Information by Type (Sorbitol, Mannitol, Xylitol, Maltitol, Lactitol, And Others), Source (Corn, Wheat, Rice, Potato, And Others), Application (Tabletop Sweeteners, Confectionery), By Region – Forecast Till 2027

ID: MRFR/F-B & N/0885-HCR | December 2022 | Region: Global | 150 Pages         

Sugar Alcohol Market

Sugar Alcohol Market Size is anticipated to reach USD 4,800.5 Million by 2030, registering a CAGR of 6% during 2022-2030.

Segmentation

By Product Type Lactitol Sorbitol Mannitol Maltitol Xylitol
By Source Corn Rice Wheat Potato Others
By Application Tabletop Sweeteners Confectionery
By Region North America Europe Asia-Pacific Rest of the World

Key Players

  • Cargill Inc (U.S.)
  • A & Z Food Additives Co. Ltd (China)
  • Mitsubishi Shoji Foodtech Co. Ltd. (Japan)
  • Atlantic Chemicals Trading GmbH (Germany)
  • Fraken Biochem Co. Ltd. (China)
  • Roquette Freres (France)
  • Beckmann-Kenko GmbH (Germany)
  • Archer Daniels Midland Company (U.S.)
  • Sanxinyuan Food Industry Corp Limited (China)
  • Ingredion Incorporated (U.S.)

Drivers

  • Increasing Obese and Diabetic Population
  • Demand For Processed Food and Beverages
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Sugar Alcohol Market Overview:


The sugar alcohol market report size is expected to grow by 2.1% approximately. Sugar alcohol is a liquid that is extracted from raw sugar. Fruits and vegetables have a small amount of sugar alcohol soluble. Form these products the extraction of the sugar alcohol is possible. The commercial industries extract sugar alcohol from products such as raw sugar and starch. These are substances that are used as a sweetener in many foods and beverages. Sugar alcohol is a product that is also known as a low-calorie sweetener.


Sugar alcohol is a sweetener that has wide application for industrial food purposes. The use of sorbitol sugar sweeteners is immense in industries. It is a sugar alcohol that is gaining high traction among the industries. Using this popular sweetener can make drinks and beverages sweeter without the need for any artificial flavors. The potato, cassava, corn, and wheat are products through which the commercial sugar alcohol is extracted. In recent years the popularity of sugar alcohol is huge among consumers.


It is used as a tabletop sweetener. Also, the use of this product in many bakeries as a sweetener is gaining more significance. With the use of sugar alcohol achieving the desired sweetness is possible with sugar levels. It is one of the healthy sweeteners in the market that has immense developments in upcoming years. The sugar alcohol market report value is expected to grow rapidly due to these factors. 


Covid Analysis 


The outbreak of covid 19 is affecting worldwide industries and their activities. Form the year 2020 many factors restrict trade activities across the globe. Supply chain disruptions are difficulties that every market faces. There is a supply disruption that makes it difficult for markets to deliver their product to consumers. Poor networks, restrictions and lockdowns are causing a decline in this market.


Furthermore, the sugar alcohol market is witnessing a declining trend in this period. The use of sweeteners, in general, is facing a downfall. These sugar alcohols are additives that have less significance among the consumers. Only the demand for essential food products is substantial.


 In the upcoming years, people preferring sugar alcohols as a sweetener will grow. This pandemic is making many individuals health consciousness. Due to this trend industries are expected to adopt sweeteners with low sugar levels. These will create a positive sugar alcohol market report outlook. 


Market Dynamics 



  • Crucial Market Drivers 


The growing obesity and diabetes rate is a crucial driver of the sugar alcohol market. Today, diabetes is a condition that most of the population suffers from. Most of the diseases are inherited. However, the possibilities of obesity and diabetes are possible due to a poor lifestyle. In recent years, the lifestyle of individuals is improving. Many are choosing healthy alternatives to reduce such conditions. Obesity and diabetes rates will have a positive impact on the sugar alcohol market.


The use of sugar alcohol as a sweetener will grow in many regions. This will increase the overall adoption rate of the product in many countries. Further, the growing awareness about natural sweeteners such as sugar alcohol is a crucial market driver. The awareness about sugar alcohol is growing among industries. Commercial industries have high profits by extracting these natural sweeteners from plants.


Due to these factors, the expansion and rise in production will be high in the sugar alcohol market. Furthermore, the raw sugar of artificial sweeteners is unhealthy. They increase sugar levels and cause many health conditions. However, sugar alcohol is a product that will not cause any side effects. By using this natural sweetener there are benefits for the consumers. Metabolism increases due to the use of natural sweeteners. These are drivers of the market that will create sugar alcohol market trends. 



  • The Market Growth Opportunity 


The expansion of the food and beverages market will create more growth opportunities. Today, the food and beverages market are rapidly expanding. Many factors cause this expansion. The interest of consumers in beverages brings more product variation to the market. The development of the beverages market is having a positive impact on the sugar alcohol market.


The use of sugar alcohol as a sweetener will grow with this market expansion. Further, the demand from the developing nations remains a growth factor in the market. In recent years, developing nations are showing more interest in these sweeteners. Low cost and healthy sweetening benefits are attracting demand from these regions. The rising demand from the Asia Pacific region will create sugar alcohol market report growth opportunities. 



  • The Market Restraints


The complication of sugar alcohol production is a restraint of the market. It is a difficult process to produce sugar alcohol. The complexity in the usage production process can affect the overall production and supply rates of the market. In the forecast period, the complexities in the market can increase the overall cost.


Also, the production and operational cost of the market can increase. Further, regions without proper knowledge about sugar alcohol extraction can witness various challenges. These are the factor that can decline the overall growth rate of the sugar alcohol market in the forecast period. 



  • The Market Challenges 


The lack of awareness is a challenge for the market. The awareness about sugar alcohol is very less in many regions. There is a wide range of benefits of using sugar alcohol as a natural sweeter. However, a lack of awareness can reduce the overall adoption rate of this market in the forecast period.


Further, the raw materials are difficult to get in this market. The commercial industry of sugar alcohol faces challenges in procuring the raw materials for the market. It is a major challenge that can the effect overall production rate in the forecast period. Developing nations will face more challenges due to the less availability of raw materials. 



  • Cumulative Growth Analysis 


The sugar alcohol market report analysis shows a stable trend in the forecast period. Some factors constantly drive demand in the market. The surging obesity and diabetes range affect the demand positively. Due to the growing awareness about regular sugar, the demand for sugar alcohol is rising.


Using sorbitol in industries works effectively for many industries. Bakeries, beverages, food, and confectionaries are having high usage of this natural sweetener. Further, the restraint of the sugar alcohol market is complexity in production. Also, the lack of awareness is a persistent challenge. Still, the growth rate is surging due to new developments. The expanding demand from the food and beverages market will create more growth. 



  • Value Chain Analysis 


North America is a region that will hold the maximum sugar alcohol market report share. Rising awareness among consumers is a crucial driver of the market. The healthy diet trend is growing at an exponential pace in this region. There are significant key players in the market who contribute to new developments.


Also, US and Canada are countries that are having high investments in this market. The beverages market is witnessing a surging demand for sugar alcohol. Also, this region is expected to undergo new product launches and developments. 


Segment Overview 


Sugar Alcohol Market by Product 



  • Lactitol 

  • Sorbitol 

  • Mannitol 

  • Maltitol 

  • Xylitol 


Sugar Alcohol Market by Source 



  • Corn 

  • Rice 

  • Wheat 

  • Potato 

  • Others 


Sugar Alcohol Market by Application



  • Tabletop

  • Sweeteners

  • Confectionery


North America 



  • US 

  • Canada 


Europe



  • Germany 

  • France 

  • Italy 

  • UK 

  • France 


Asia pacific 



  • China 

  • India 

  • Australia 

  • Singapore 

  • Middle East Africa 

  • Latin America 


Competitive landscape 


The Sugar alcohol market report shows rising competition. Many factors happen in the competitive landscape. There is expansion, mergers, collaborations, and partnerships in the market. 


Regional analysis 


The sugar alcohol market report forecast shows three major regional players. North America, Asia Pacific, and Europe are crucial regional players in the market. North America is a market that has a growing demand in the forecast period. The awareness among the consumers is growing in this region. The production and technologies to manufacture sugar alcohol are high in this region.


Further, the Asia Pacific region is the next largest key player with the highest growth. India, China, and Japan are crucial investors in the market. The production of sugar alcohol is growing widely. Also, the bakeries and beverages market will have higher utilization of this product. Further, Europe is an emerging market with a wide range of shares. The growth of this market is happening at an exponential pace. 


The Key Players in the Sugar Alcohol Market Is 



  • Cargill Inc (U.S.)

  • A & Z Food Additives Co. Ltd (China)

  • Mitsubishi Shoji Foodtech Co., Ltd. (Japan)

  • Atlantic Chemicals Trading GmbH (Germany)

  • Fraken Biochem Co. Ltd. (China)

  • Roquette Freres (France)

  • Beckmann-Kenko GmbH (Germany)

  • Archer Daniels Midland Company (U.S.)

  • Sanxinyuan Food Industry Corp Limited (China)

  • Ingredion Incorporated (U.S.)


Report Overview 



  • Market overview highlights 

  • Analysis based upon COVID 19

  • Explanation of the Market Dynamics

  • Value chain analysis

  • Market segmentation overview

  • The regional analysis

  • Competitive landscape analysis

  • Recent Developments



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Frequently Asked Questions (FAQ) :

North America will dominate the sugar alcohol market.

Bakery and confectionery will lead the sugar alcohol market.

Increasing obese and diabetic population and demand for processed food and beverages are the key factors driving the sugar alcohol market growth.

Complicated production process may limit the sugar alcohol market growth.

Eminent players profiled in the sugar alcohol market include Mitsubishi Shoji Foodtech Co., Ltd. (Japan), Ingredion Incorporated (U.S.), Archer Daniels Midland Company (U.S.), Sanxinyuan Food Industry Corp Limited (China), Roquette Freres (France), Fraken Biochem Co. Ltd. (China), Beckmann-Kenko GmbH (Germany), Atlantic Chemicals Trading GmbH (Germany), A & Z Food Additives Co. Ltd (China), and Cargill Inc (U.S.).