The global sugar alcohol market is anticipated to grow at a CAGR of 5.6% during the forecast period. Sugar alcohol is characterized by a lower caloric value than sugars and displays prebiotic and anticaries effects. Additionally, they are increasingly being used as a reduced-calorie sugar alternative as it promotes mouthfeel and eliminates improper taste. Sugar alcohol is gaining higher traction among consumers owing to its convenience and nutritional benefits and are being increasingly used in producing sugar-free or low-sugar nutritious snack. The adoption of clean-label products with low sugar content is gaining attraction in the market owing to the surging consumer awareness. Moreover, food produced using sugar alcohols in place of artificial sugar may allow people with diabetes to maintain blood sugar control at the same time enjoying the sweet taste. Another important element of sugar alcohol that is adding to the growth of the market is its potential benefits for oral health. The food products made with sugar alcohol may reduce the chances of tooth decay as the bacteria that live in the mouth do not feed on sugar alcohols.
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The global sugar alcohol market is segmented based on the type, form, and application. Based on the type, the market is segmented into sorbitol, xylitol, maltitol, lactitol, isomalt, mannitol, and others. Based on the form, the market is segmented into powder and crystal, and liquid and syrup. Further based on application, the market is categorized into food and beverages, pharmaceuticals, personal care and cosmetics, and other applications. Among the type segment, the xylitol segment is expected to cater prominent market share during the forecast period owing to its various important benefits especially improved dental health.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Sugar Alcohol Market by Type
- Sorbitol
- Xylitol
- Maltitol
- Lactitol
- Isomalt
- Mannitol
- Others
Global Sugar Alcohol Market by Form
- Powder and Crystal
- Liquid and Syrup
Global Sugar Alcohol Market by Application
- Food and Beverages
- Pharmaceuticals
- Personal Care and Cosmetics
- Others
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Associated British Foods plc
- Atlantic Chemicals Trading GmbH
- Oy Karl Fazer Ab
- Sanxinyuan Food Industry Corp. Ltd. (SFI Corp. Ltd.)
- Sweet Appeal Natural Products LLC
- Sweet Natural Trading Co. Ltd.
- Tate & Lyle plc
- Yusweet Xylitol Technology Co., Ltd.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global sugar alcohol market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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