Sugar Polyols Market Size was valued at USD 3.2 Billion in 2022. The Sugar Polyols market industry is projected to grow from USD 3.36 Billion in 2023 to USD 4.96 Billion by the year 2032, exhibiting a compound yearly growth rate (CAGR) of 5.00% during the forecast period (2023 - 2032). Increased consumer demand for reduced-sugar and sugar-free food and beverage products and increasing prevalence of health conditions such as diabetes and obesity are the key market drivers enhancing growth of the market.
Source: The Secondary Research, Primary Research, MRFR Database and Analyst Review
The market CAGR for sugar polyols is being driven by the rising consumer demand for reduced-sugar and sugar-free food and beverage products. As health-conscious consumers increasingly seek alternatives to traditional sugars, sugar polyols such as erythritol, xylitol, and sorbitol have gained significant traction in the food industry. These polyols offer a sweetening effect without the same caloric impact and glycemic response as regular sugar, making them an attractive option for individuals looking to reduce their sugar intake, manage blood sugar levels, or achieve weight management goals.
The market for sugar polyols has also been influenced by changing dietary preferences, including the adoption of low-carb, ketogenic, and diabetic-friendly diets. These diets prioritize the avoidance of high-sugar and high-glycemic foods, spurring the demand for sugar polyols in various food and beverage applications. Furthermore, regulatory support for sugar polyols and their recognition as safe sugar substitutes further encourages their use in the food industry. Regulatory agencies have approved many sugar polyols as food additives, and they are often included in food and beverage formulations to meet specific health claims, appealing to both manufacturers and consumers. Sugar polyols not only serve as sugar replacements but also offer unique functional properties, such as moisture retention, texture enhancement, and non-cariogenic characteristics. These versatile attributes have made them a valuable ingredient for the development of sugar-free and reduced-sugar products, driving innovation and product diversification in the food and beverage sector.
Overall, the demand for sugar polyols is anticipated to continue growing as consumers seek healthier dietary options while maintaining the desired sweetness in their favorite foods and beverages. Further, Sugar polyols, including erythritol, xylitol, and sorbitol, have gained favor as sugar substitutes because they provide sweetness without the same impact on blood sugar levels and caloric intake. This makes them particularly appealing to individuals who need to monitor their sugar intake, such as those with diabetes or those looking to manage their weight. Their use in various food and beverage applications, from sugar-free candies to diabetic-friendly desserts, reflects the growing demand for sugar polyols as an essential component of healthier dietary choices in the context of these health conditions. Thus, driving the Sugar Polyols market revenue.
The Sugar Polyols market segmentation, based on type, includes Erythritol, Sorbitol, Maltitol, Isomalt, and Others. The sorbitol segment dominated the market, accounting for the largest market revenue. Sorbitol is a well-established and widely used sugar alcohol, and it offers several advantages, such as a high level of sweetness, a similar taste and texture to sucrose (table sugar), and excellent humectant properties. This versatility makes sorbitol a preferred choice for many food and beverage manufacturers, especially in sugar-free and reduced-sugar product formulations. Its broad range of applications and widespread acceptance make sorbitol the dominant segment in the sugar polyols market, as it addresses the demand for both better-tasting and healthier food and beverage options.
The Sugar Polyols market segmentation, based on application, includes Food and Beverages, Pharmaceuticals, and Personal Care. The food and beverages category dominates the market due to their extensive use in a wider range of food and beverage products. Sugar polyols serve as effective sugar substitutes and sweeteners in various applications, including confectionery, bakery, beverages, and dairy products, to reduce sugar content and caloric content while maintaining desired sweetness and taste. Their versatility and compatibility with a broad spectrum of food and beverage items have made them essential ingredients for manufacturers seeking to meet consumer demands for reduced-sugar or sugar-free products, contributing to the domination of this segment in the sugar polyols market.
Figure 1: Sugar Polyols Market, by Application, 2022 & 2032 (USD Billion)
Source: The Secondary Research, Primary Research, MRFR Database and Analyst Review
By region, the study gives market insights into the North America, Europe, Asia-Pacific, and the Rest of the World. The North American Sugar Polyols market dominates this market due to the high prevalence of health conditions such as diabetes and obesity in the region, which has led to a strong demand for sugar alternatives. Additionally, the region's robust food and beverage industry, stringent regulatory support for sugar polyols, and consumer preferences for reduced-sugar and sugar-free products further contribute to North America's leadership in the sugar polyols market.
Further, the prime countries studied in the market report are The US, Canada, Germany, France, the UK, Italy, Spain, Japan, China, India, Australia, South Korea, and Brazil.
Figure 2: SUGAR POLYOLS MARKET SHARE BY REGION 2022 (USD Billion)
Source: The Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe's Sugar Polyols market accounts for the second-largest market share due to the surging consumer awareness of sugar's impact on health and a growing demand for reduced-sugar and sugar-free food and beverage products. Further, the German Sugar Polyols market held the largest market share, and the UK Sugar Polyols market was the fastest-growing market in European region.
The Asia-Pacific Sugar Polyols Market is expected to rise at the fastest CAGR from 2023 to 2032. This is due to the region's growing health-conscious population, which seeks healthier sugar alternatives to manage sugar intake and address nutritional concerns. Moreover, China’s Sugar Polyols market held the largest market share, and the Indian Sugar Polyols market was the fastest-growing market in Asia-Pacific region.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Sugar Polyols market grow even more. Market players are also undertaking a variety of strategic activities to spread their footprint, with important market developments including contractual agreements, new product launches, mergers and acquisitions, higher investments, and collaboration with other organizations. To spread and survive in a more competitive and rising market climate, the Sugar Polyols industry must offer cost-effective items.
Manufacturing locally to minimize the operational costs is one of the key business tactics used by the manufacturers in the Sugar Polyols industry to benefit the clients and increase the market sector. In recent years, the Sugar Polyols industry has offered some of the most significant advantages to medicine. Major players in the Sugar Polyols market, including Cargill, Inc., BENEO GmbH, Hebei Huaxu Pharmaceutical Co., Ltd., Baolingbao Biology Co. Ltd, DFI Corporation, Jungbunzlauer Suisse AG, Ingredion Incorporated, Archer Daniels Midland Company, B Food Science Co., Ltd., DHW Deutsche Hydrierwerke GmbH, CSPC Shengxue Glucose Co., Ltd., DuPont Nutrition & Health (Danisco), and others, are trying to increase market demand by investing in the research and development operations.
Archer Daniels Midland Company (ADM) is a multinational food processing and the commodities trading corporation based in the United States. It is one of the world's largest agribusiness companies and has a vital role in the production and processing of agricultural commodities, including grains, oilseeds, cocoa, and other food ingredients. ADM is involved in various aspects of the food industry, including the production of ingredients, flavors, and nutritional products, and it has a substantial presence in the agricultural supply chain. In June 2023, Archer Daniels Midland (ADM) announced that it was acquiring Harvest Innovations, a leading producer of erythritol, a sugar polyol. This acquisition will expand ADM's portfolio of sugar polyols and help it meet the growing demand for these products from food and beverage manufacturers.
Tate & Lyle is a British multinational food ingredients company with a history dating back to the 19th century. The company specializes in providing various food ingredients, including sweeteners, texturants, and stabilizers, to the food and beverage industry worldwide. Tate & Lyle is known for its innovative solutions that help improve the taste, texture, and nutritional profile of a wide range of food products. In February 2023, Tate & Lyle announced that it was partnering with Novozymes to develop and market new sugar polyol-based ingredients for food and beverage manufacturers. This partnership will leverage Tate & Lyle's expertise in sweeteners and Novozymes' expertise in enzymes to develop new and innovative sugar polyol products.
Sugar Polyols Industry Developments
April 2023: Cargill announced that it was acquiring Purac, a leading producer of lactic acid and lactic acid derivatives, including sugar polyols. This acquisition will expand Cargill's portfolio of sugar polyols and help it meet the growing demand for these products from food and beverage manufacturers.
March 2023: Ingredion announced that it was partnering with DSM to develop and market new sugar polyol-based ingredients for food and beverage manufacturers. This partnership will leverage Ingredion's expertise in starch and DSM's expertise in fermentation to develop new and innovative sugar polyol products.
April 2023: PureCircle announced a partnership with Ingredion Inc. to market and sell PureCircle's stevia and Ingredion Inc.'s sugar polyols together. This partnership will offer customers a one-stop shop for a wide range of sugar alternatives.
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 3.2 Billion |
| Market Size 2023 | USD 3.36 Billion |
| Market Size 2032 | USD 4.96 Billion |
| Compound Annual Growth Rate (CAGR) | 5.00% (2023-2032) |
| Base Year | 2022 |
| Market Forecast Period | 2023-2032 |
| Historical Data | 2018- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, The Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Application, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The US, Canada, Germany, France, UK, Italy, Spain, Japan, China, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | Cargill, Inc., BENEO GmbH, Hebei Huaxu Pharmaceutical Co., Ltd., Baolingbao Biology Co. Ltd, DFI Corporation, Jungbunzlauer Suisse AG, Ingredion Incorporated, Archer Daniels Midland Company, B Food Science Co., Ltd., DHW Deutsche Hydrierwerke GmbH, CSPC Shengxue Glucose Co., Ltd., DuPont Nutrition & Health (Danisco) |
| Key Market Opportunities | Increasing prevalence of health conditions like diabetes and obesity. |
| Key Market Dynamics | Increased consumer demand for reduced-sugar and sugar-free food and beverage products. |
Frequently Asked Questions (FAQ) :
The Sugar Polyols market size was valued at USD 3.2 Billion in 2022.
The market is foreseen to rise at a CAGR of 5.00% during the forecast period, 2023-2032.
North America had the largest share of the market
The key players in market are Cargill, Inc., BENEO GmbH, Hebei Huaxu Pharmaceutical Co., Ltd., Baolingbao Biology Co. Ltd, DFI Corporation, Jungbunzlauer Suisse AG, Ingredion Incorporated, Archer Daniels Midland Company, B Food Science Co., Ltd., DHW Deutsche Hydrierwerke GmbH, CSPC Shengxue Glucose Co., Ltd., DuPont Nutrition & Health.
The sorbitol category dominated the market in 2022.
Food & beverages had largest share of the market.
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