Mannitol Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Global Mannitol Market is segmented By Form (Powder and Granules); By Application (Food, Pharmaceutical, Industrial and Others); and By Geography.

Market Snapshot

Study Period: 2016 - 2026
Base Year: 2021
Fastest Growing Market: Asia Pacific
Largest Market: Asia Pacific
CAGR: 3.51 %

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Market Overview

The global mannitol market is anticipated to reach a CAGR of 3.51% during the forecast period.

  • Mannitol is a low-calorie sweetener, sugar alcohol, made from fructose and hydrogen. Mannitol is naturally present in mushrooms, marine algae, strawberries, celery, onions, and pumpkins.
  • Natural profile and clean label tag flaunted by mannitol, over similar artificial sweeteners, is the driving factor for the market in the near future.
  • Mannitol drags water from the blood into the urine, acting as an osmotic diuretic, and gradually lowers down the blood pressure.
  • On the darker side, excessive consumption of mannitol may cause abdominal pain and even diarrhea because it attracts water from the intestinal wall due to the osmotic effect.

Scope of the Report

The Global Mannitol Market is segmented on the basis of form as powder form and granules. Based on application, the mannitol market is classified by its use in food, pharmaceutical, industrial and other applications. Also, the mannitol market has been segmented by Geography.

By Form
Powder
Granules
By Application
Food
Pharmaceuticals
Industrial
Others
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
Spain
United Kingdom
Germany
France
Italy
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Australia
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East and Africa
South Africa
Saudi Arabia
Rest of Middle East and Africa

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Key Market Trends

Mannitol Market is Gaining Popularity in the Bakery and confectionery Industry

Artificial sweeteners have replaced sugar to an extent in the bakery industry, especially as emulsifier in chocolate-flavored coatings for ice cream and confections. Apart from that, mannitol is widely used as a sweetener in chewing gum. Butter, frozen fish, pre-cooked pasta and infant formula also have mannitol as one of their components due to its dynamic properties. The reduced cost of production and the better economy scale are also pumping mannitol market growth.

Mannitol Market1

Mannitol market in the Asia-Pacific is Growing Exponentially

Amidst an upgrading society, consumers have grown much health-conscious in the last decade and the food habits are changing likewise. The improved economic conditions and the changing lifestyles have resulted in the increased demand for convenience foods. The evolving dietary patterns such as low calorie and zero-calorie foods are increasing in the processed and packed food segment, resulting in the increased demand for artificial sweeteners. To fulfill the demands of the concerned consumers, companies like Shijiazhuang Huaxu Pharmaceutical Co., Ltd., Singsino Group Ltd.and Shandong Lianmeng International Trade Co., Ltd from the Asia Pacific are evolving and contributing to the global mannitol market. To add more, Qingdao Bright Moon Seaweed Group Co., Ltd., a Chinese company produces mannitol from seaweeds. 

Mannitol Market2

Competitive Landscape

Mannitol market is a fragmented market with the presence of various large and small regional players. Leading manufacturers in the artificial sweetener market are using advanced technologies to provide safe, affordable, and efficient artificial sweeteners. Moreover, due to the extensive use of mannitol in the pharmaceutical and chemical applications, the manufacturers have enlarged the production scales due to the high demand. Some major players like Roquette Frères Company, Cargill, Incorporated., Shijiazhuang Huaxu Pharmaceutical Co.,Ltd., Ingredion Incorporated and SPI Pharma are leading the market.

Major Players

  1. Roquette Frères Company

  2. Cargill, Incorporated.

  3. Shijiazhuang Huaxu Pharmaceutical Co.,Ltd.

  4. Ingredion Incorporated

  5. SPI Pharma

competitive landscape

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

    1. 3.1 Market Overview

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Form

      1. 5.1.1 Powder

      2. 5.1.2 Granules

    2. 5.2 By Application

      1. 5.2.1 Food

      2. 5.2.2 Pharmaceuticals

      3. 5.2.3 Industrial

      4. 5.2.4 Others

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

        4. 5.3.1.4 Rest of North America

      2. 5.3.2 Europe

        1. 5.3.2.1 Spain

        2. 5.3.2.2 United Kingdom

        3. 5.3.2.3 Germany

        4. 5.3.2.4 France

        5. 5.3.2.5 Italy

        6. 5.3.2.6 Russia

        7. 5.3.2.7 Rest of Europe

      3. 5.3.3 Asia Pacific

        1. 5.3.3.1 China

        2. 5.3.3.2 Japan

        3. 5.3.3.3 India

        4. 5.3.3.4 Australia

        5. 5.3.3.5 Rest of Asia-Pacific

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle East and Africa

        1. 5.3.5.1 South Africa

        2. 5.3.5.2 Saudi Arabia

        3. 5.3.5.3 Rest of Middle East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Roquette Freres Company

      2. 6.3.2 Cargill, Incorporated.

      3. 6.3.3 Ingredion Incorporated

      4. 6.3.4 SPI Pharma

      5. 6.3.5 Singsino Group Ltd.,

      6. 6.3.6 Shijiazhuang Huaxu Pharmaceutical Co.,Ltd.

      7. 6.3.7 Merck Millipore Corporation

      8. 6.3.8 Rongde Seaweed Co.,Ltd

      9. 6.3.9 Bright Moon Seaweed

    4. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
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Frequently Asked Questions

The Mannitol Market market is studied from 2016 - 2026.

The Mannitol Market is growing at a CAGR of 3.51% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

Asia Pacific holds highest share in 2021.

Roquette Frères Company, Cargill, Incorporated., Shijiazhuang Huaxu Pharmaceutical Co.,Ltd., Ingredion Incorporated, SPI Pharma are the major companies operating in Mannitol Market.

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