The global crystalline maltitol market is anticipated to grow at a significant CAGR during the forecast period (2024-2031). Maltitol is defined as a kind of polyol, white crystalline powder which is used as a sugar substitute and contains sweetness of sucrose with almost similar properties of the sugar. Also known as sugar replacer, bulk sweeteners, or sugar-free sweeteners, they act as an ideal humectant and can function as crystallization inhibitor, cryoprotectant, freeze point depressant, and plasticizer. Such functional properties of crystalline maltitol are driving its market growth. Maltitol is further utilized in commercial products under the names sweetpearl, maltisweet, and lesys. Due to the wide applications of crystalline maltitol in baked goods, cream centers, beverages, cake mixes, chocolate, fondants, frozen sausage, frozen desserts, gum, jams and jellies, icings, mints, soft confections, and surimi, it is likely to see a substantial growth in the future years.
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Apart from its uses in food and beverage industry, it is also used in pharmaceutical applications for syrups in combination with other excipient to get sugar free medicines. Further, increased acceptance of the product in diet of diabetics is anticipated to provide significant growth opportunity to the global crystalline maltitol market. Being a cost-effective option to intense sweetener with fine taste profile, high stability, low hygroscopicity, and excellent solubility, it is widely used in such pharma products. However, the extreme consumption of crystalline maltitol can cause some laxative effect on the body, which hinders the growth of the market.
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Market Coverage
- Segment Covered-
o By Product Type
o By Application
- Regions covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape: Cargill, Inc., Roquette Frères, and Ingredion Inc., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Crystalline Matitol Market Report by Segment
By Product Type
- 10 Mesh
- 30 Mesh
- Others
By Application
- Food Products
- Pharmaceuticals
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