PUBLISHER: Value Market Research | PRODUCT CODE: 1547375
PUBLISHER: Value Market Research | PRODUCT CODE: 1547375
The global demand for Mannitol Market is presumed to reach the market size of nearly USD 927.56 Million by 2032 from USD 477.37 Million in 2023 with a CAGR of 7.66% under the study period 2024-2032.
Mannitol is a type of carbohydrate called sugar alcohol utilized as a low-calorie sweetener and medicine. It occurs naturally in most vegetables and fruits, used to decrease pressure or swell in the eyes or around the brain. It helps the body to lose water through osmosis and helps the body to pass out more urine. People with kidney problems are given mannitol injections to remove excess water and toxic substances from their bodies. If injected, its effects last up to 8 hours. It is used as a sugar substitute in diabetic food and chewing gum, and chewable medicinal tablets. It should not be taken if one has severe kidney disease, heart failure, congestion, or lung swelling.
Mannitol application in various products like candies, gums, bakery, confectionery, and pharmaceuticals boosts the market growth. Increasing population, busy lifestyle, and rising health problems around the world will positively impact the market. Pharmaceuticals and food additives applications acquire an almost two-thirds share of the global market. Mannitol used in treating kidney, heart, and brain diseases is a crucial factor boosting market demand. The rapid urbanization, emerging middle-class population, shifting consumption patterns are several other factors causing increased mannitol consumption levels. Health-conscious people reducing sugar consumption and opting for sugar-free products is another factor that will increase demand. The growing approvals and studies by health regulators are fuelling the market growth. However, the presence of other alternatives is hampering the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Mannitol. The growth and trends of Mannitol industry provide a holistic approach to this study.
This section of the Mannitol market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Mannitol market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Mannitol market include Roquette, Cargill, SPI Polyols Inc., SPI Pharma, Bright Moon Seaweed, Singsino Group Ltd., Hebei Huaxu Pharmaceutical Co. Ltd, EMD Millipore, Moga International Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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