PUBLISHER: SkyQuest | PRODUCT CODE: 1285955
PUBLISHER: SkyQuest | PRODUCT CODE: 1285955
Polyol Sweeteners Market size was valued at USD 3021.13 million in 2021 and is poised to grow from USD 3195.8 million in 2022 to USD 5015.2 million by 2030, growing at a CAGR of 5.79% in the forecast period (2023-2030).
Polyol sweeteners, such as sorbitol, xylitol, erythritol, and maltitol, are derived from natural sources like fruits, berries, and plants. They are used as sugar substitutes in a wide range of applications, including confectionery, baked goods, beverages, dairy products, and pharmaceuticals. Polyol sweeteners offer similar taste and texture to sugar but with fewer calories, making them attractive to consumers seeking healthier alternatives.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Polyol Sweeteners Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Segments covered in this report:
Global Polyol Sweeteners Market is segmented based on the product type, form, function, application, and region. Based on product type, global polyol sweeteners market is segmented into Sorbitol, Xylitol, Mannitol, Maltitol, Isomalt, and others. Based on form, the market is bifurcated into Powder and Liquid. According to function, it is segmented into flavoring & sweetening agents, bulking agents, excipients, humectants, and others. On the basis of application, it is segmented into food & beverages, personal care & cosmetics, pharmaceuticals, and others. Based on the region, the market is divided into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa.
Driver
Rising health consciousness and the desire to reduce sugar consumption have driven the demand for polyol sweeteners. Consumers are increasingly looking for products that offer sweetness without contributing to excess calorie intake or affecting blood sugar levels. The global rise in diabetes and obesity rates has created a demand for sugar-free or reduced-sugar products. Polyol sweeteners are used as sugar substitutes in these products, as they provide sweetness while having a minimal impact on blood glucose levels.
Restraint
The production and extraction processes for polyol sweeteners can be expensive, which may impact their cost-effectiveness compared to traditional sugar. This cost factor can act as a restraint for manufacturers considering the incorporation of polyol sweeteners in their products.
Market Trends
The demand for polyol sweeteners is expanding beyond the food and beverage industry. They are being used in pharmaceuticals, oral care products, and dietary supplements due to their low glycemic index and tooth-friendly properties. This trend is driving the growth of the polyol sweeteners market. Manufacturers are investing in research and development to improve the production processes and enhance the taste and quality of polyol sweeteners. This includes developing new varieties of polyols with improved taste profiles and exploring fermentation techniques to produce polyols from renewable sources.