Market Size of Sugar Polyols Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 4.50 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Polyol Sweeteners Market Analysis
The sugar polyols market is projected to register a CAGR of 4.5% over the forecast period.
- Rising demand for sugar alternatives in the food & beverage industry and growing consumer awareness regarding health & wellness are expected to boost the target market. Sugar polyols are saccharide derivatives obtained from fermentation or hydro-generation of carbohydrates from bio-wastes, such as birch bark, corn cob, and pulp & paper waste.
- Moreover, companies are focusing on developing products composed of natural ingredients, along with specialty products that help improve health through balanced diets. Sorbitol and erythritol are gaining significance across various applications of food.
- Consumption of sugar substitutes in countries such as India, Japan, and Australia is expected to increase steadily due to rising concerns regarding diabetes and obesity. According to the International Diabetes Federation, China is witnessing significant growth in the diabetic population.
