Food Polyols Market Research, 2033
Market Introduction and Definition
The global food polyols market was valued at $1.5 billion in 2023, and is projected to reach $2.6 billion by 2033, growing at a CAGR of 5.8% from 2024 to 2033. Food polyols, also known as sugar alcohol, are a form of carbohydrate that chemically mimics both sugars and alcohols but lacks ethanol and the sugars' normal sweetness level. They are commonly employed as low-calorie sweeteners in a variety of food and beverage items, giving approximately half the calories of conventional sugar while maintaining a comparable flavor profile. The growing demand from consumers for sugar-free and low-calorie goods is driven by increased health consciousness and worries about obesity and diabetes, which is a prominent market trend. Furthermore, the rising popularity of clean-label and organic compounds in food goods has increased the usage of naturally produced food polyols such as xylitol and erythritol. The growing vegan and plant-based food sectors also help to drive market expansion, as food polyols are frequently sourced from plants and correspond with dietary choices. Moreover, government approving for food polyols as safe substitutes for sugar in certain places has increased their usage in the food business.
Key Takeaways
The food polyols market study covers 20 countries. The research includes a segment analysis of each country in terms of value ($Billion) for the projected period 2024-2033.
More than 1, 500 product literatures, industry releases, annual reports, and other such documents of major food polyols industry participants along with authentic industry journals, trade associations' releases, and government websites have been reviewed for generating high-value industry insights.
The study integrated high-quality data, professional opinions and analysis, and critical independent perspectives. The research approach is intended to provide a balanced view of global markets and to assist stakeholders in making educated decisions in order to achieve their most ambitious growth objectives.
Key market dynamics
The market demand for low-calorie and sugar-free goods has skyrocketed as health consciousness among consumers?has spread worldwide. As people become increasingly aware of the health hazards connected with excessive sugar intake, such as diabetes, overweight, and cardiovascular disease, they seek better alternatives. Food polyols, with their lower calorie content and glycemic index compared to regular sugars, have gained popularity in goods touted as healthier alternatives, propelling the market ahead.
Other natural sweeteners like stevia and monk fruit, as well as artificial sweeteners including aspartame and sucralose, pose substantial competition to the food polyols market. These alternatives have comparable advantages such as low-calorie?content and appropriateness for diabetic-friendly goods and?may not cause the same digestive issues as food polyols. The diverse spectrum of available sweeteners may reduce food polyols' market share, making it difficult for them to establish a dominant position in the sweetener industry.
The food polyols market has great growth potential due to innovative product development. As food manufacturers keep experimenting with formulas, there is a chance to develop novel and enhanced food polyols variants. This involves generating food polyols blends that reduce digestive difficulties while increasing sweetness, as well as items that meet specific nutritional demands, such as keto-friendly or low-GI (glycemic index) meals. Packaging, promotional activities, and distribution innovation can all help to pique consumers' attention and broaden market reach.
Parent Market Analysis of Global Food Polyols Market
The polyols market was valued at $3.8 Billion in 2023, out of which food polyols was valued at $1.5 Billion in 2023. The food polyols market's primary focus is on delivering healthier alternatives to traditional sugars, driven by rising customer demand for low-calorie, sugar-free, and diabetic-friendly options. This approach has had a beneficial impact on the food polyols market growth by encouraging innovation in creating new products and broadening the variety of uses for food polyols across diverse food and beverage categories. As the industry emphasizes clean labeling, natural ingredients, and plant-based solutions, food polyols have emerged as crucial components that correspond with these trends, accelerating market growth and consumer adoption.
Parent Market Analysis, 2023
Market Name | Market Size ($Billion) |
Polyols Market | 3.8 |
Food Polyols Market | 1.5 |
Market Segmentation
The food polyols market is segmented into product type, application, and region. On the basis of product type, the market is divided into sorbitol, xylitol, maltitol, mannitol, isomalt, and others. Based on the application, the market is divided into bakery goods, sweet spreads, confectionery & chewing gum, beverages, dairy products, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Regional/Country Market Outlook
Rapid urbanization, rising disposable incomes, and growing health awareness in Asia-Pacific are driving consumer interest in low-calorie and sugar-free goods in the food polyols market forecast period, creating major development potential in countries such as China, India, and Japan. The region's burgeoning middle class and burgeoning food processing industries reinforce this tendency even more.
In North America, the industry is being driven by a major consumer trend towards healthy eating habits, with a focus on limiting the consumption of sugar due to diabetes and overweight concerns. The trend towards clean labeling and organic goods is supporting the usage of naturally produced food polyols such as erythritol.
In Europe, strict?regulations on sugar content?in food goods, and a wide presence of?a well-established health-conscious customer base, are significant growth drivers. The region's emphasis on sustainability and the increasing acceptance of plant-based diets have created new opportunities for food polyols, especially those generated from renewable resources.
Technological developments in food manufacturing and product formulation provide growth potential across all areas, allowing producers to innovate and provide a broader range of sugar-alcohol-containing goods. Collaborations between food makers and ingredient suppliers attempt to develop specialized solutions that match regional customer preferences and regulatory needs, which further affect market dynamics.
Industry Trends:
Food polyols such as erythritol, xylitol, and sorbitol are widely employed as sugar substitutes in low-calorie and sugar-free foods, meeting the growing demand for healthy alternatives.
Food polyols are gaining popularity in the functional food industry due to their prebiotic effects and reduced glycaemic index, making them ideal for products targeted at promoting gut health and controlling blood sugar levels.
Sugar alcohol demand is driven mostly by the confectionery sector, which uses these sweeteners in sugar-free gums, candies, and chocolates to provide a sweet flavor without the calories and dental concerns associated with sugar.
Competitive Landscape
The major players operating in the market competing for food polyols market share include DuPont, Cargill, Inc., BENEO GmbH, Roquette Freres, Beckmann Kenko GmbH, Mitsubishi Shoji Foodtech Co. Ltd., Fraken Biochem Co. Ltd., A&Z Food Additives Co. Ltd., SPI Pharma, and Lonza Group
Other players in market contributing to the food polyols market size includes Atlantic Chemicals Trading GmbH, Archer Daniel Midland, Roquette Freres, Ingredion Ingredients, Tate & Lyle, Tereos Starch and Sweeteners, and others.
Recent Key Strategies and Developments
In November 2022, ERYTESSETM Tate & Lyle PLC added erythritol to their portfolio of sweeteners. This addition strengthens its ability to assist clients in satisfying customers' demand for healthier, sugar- and calorie-free products through an alliance and distribution agreement with a leading erythritol provider.
In August 2022, Tate & Lyle PLC (Tate & Lyle) initiated the next step of its long-term sustainability program for stevia, a widely used plant-derived low-calorie sweetener, by including additional farmers in China.
In December 2023, Brandt's, a well-known American producer, launched Fenglihui Anjiachun, a unique food polyols, in the Chinese market.
In August 2022, Psaltry International announced the opening of a new cassava-based sorbitol facility in Iseyin, Oyo State. The facility is reportedly Africa's first and the world's second-largest, producing 25 tonnes of sorbitol daily.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the food polyols market analysis from 2024 to 2033 to identify the prevailing food polyols market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the food polyols market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global food polyols market trends, key players, market segments, application areas, and market growth strategies.
Food Polyols Market Report Highlights
Aspects | Details |
Market Size By 2033 | USD 2.6 Billion |
Growth Rate | CAGR of 5.8% |
Forecast period | 2024 - 2033 |
Report Pages | 230 |
By Product Type |
|
By Application |
|
By Region |
|
Key Market Players | Beckmann Kenko GmbH, A&Z Food Additives Co. Ltd., Mitsubishi Shoji Foodtech Co. Ltd., DuPont, Cargill, Inc., Fraken Biochem Co. Ltd., Lonza Group, Roquette Freres, SPI Pharma, BENEO GmbH |
The global food polyols market was valued at $1.5 billion in 2023, and is projected to reach $2.6 billion by 2033, growing at a CAGR of 5.8% from 2024 to 2033.
The food polyols market registered a CAGR of 5.8% from 2024 to 2033.
The forecast period in the food polyols market report is from 2024 to 2033.
The top companies that hold the market share in the food polyols market include DuPont, Cargill, Inc., BENEO GmbH, Roquette Freres, Beckmann Kenko GmbH, and others.
The food polyols market report has 2 segments. The segments are product type and application.
Loading Table Of Content...