A recent market intelligence report that is published by Data Insights Partner on the global Sugar Alcohols Market makes an offering of in-depth analysis of segments and sub-segments in the regional and international Sugar Alcohols Market. The research also emphasizes on the impact of restraints, drivers, and macro indicators on the regional and global Sugar Alcohols Market over the short as well as long period of time. A detailed presentation of forecast, trends, and dollar values of global Sugar Alcohols Market is offered. In accordance with the report, the global Sugar Alcohols Market is projected to expand by healthy CAGR over the period of forecast.
Market Insight, Drivers, Restraints, Opportunity & Trends of the Market:
Sugar Alcohol is a natural admixture. It is generally obtained from sugars and starches and is produced in the industries by the process of hydrogenation of sugars. Sugar Alcohol are solids that are soluble in water. Glycitols, alditols, polyalcohol’s, and polyhydric alcohols are some of the nicknames of sugar alcohol. Since it comprises of multiple sets of hydroxyls, it is also known as polyols.
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The food and beverage sector are the major consumer of sugar alcohols. It is widely used in this sector as a sweetener and thickener. In the food and beverage sector, these products are significantly utilized in the bakery and confectionery segment. In these industries, it is employed owing to its moisture retention capabilities, as a humectant, and texturizers. Owing to the tight schedule of the population, the dependence on processed foods is thriving which is primarily deriving the growth of this market.
The outbreak of the Covid-19 epidemic has bolstered the growth of the market. On account of the precautionary measures undertaken globally which include the regular utilization of hand sanitizers and handwashes, this market is growing. Sugar alcohol is a dominate resource in the production of hand sanitizers. The impact of the pandemic situation on the demand for hand sanitizers market is positive which in turn is positively affecting the sugar alcohol market.
The prosperous pharmaceutical and nutraceutical industry is augmenting the deployment of sugar alcohols in these sectors. Sugar alcohols are used in these sectors as a coating and sweetening agent, emollient, and also because of its stabilizing and anti-crystallizing properties. The changing inclination of the consumers towards the consumption of dietary supplements is driving the growth of the sugar alcohol market.
The soaring health concerns among the population is charging up this market. Consumers are being increasingly concerned with regard to the negative impacts of artificial sweeteners and is hence substituting it with sugar alcohols. The sufferance to chronic lifestyle diseases especially diabetes is indirectly empowering the growth of the sugar alcohol market because it helps in balancing the blood glucose levels at normal range and stimulates the metabolism of patients suffering from diabetes.
The production of sugar alcohols is a complex affair. Artificial sweeteners can be produced with more ease relative to natural sweeteners like sugar alcohols. The raw materials used in the manufacturing process of sugar alcohols are scarcely available which is hindering the growth of this market.
The production of sugar alcohols involves immoderate cost which is negatively affecting this market.
The industrial production of sugar alcohols involves the emission of by-products which is averse to the society and impeding the growth of this market.
The various policies aimed at the regulation of this market coupled with the not-so-developed supply chain of these products are threatening the sugar alcohol market.
Sugar alcohols are not completely digestible compounds. Diarrhea and bloating are some of the adverse effects of sugar alcohols on human health which is disrupting this market.
The pandemic situation of the Covid-19 outbreak has provided an impetus to the use of hand sanitizers among the global population which is expected to continue for the coming years as a precautionary measure to different infections and diseases despite the departure of the coronavirus.
The end use sector including the food and beverage sector and the pharmaceutical and nutraceutical industry is expected to thrive in the years to come owing to its important contribution to human sustainment which will provide lucrative opportunities to this market.
The Europe region is expected to showcase significant growth in the forecast period owing to the dominance of confectionery and bakery industries. The location of working professional population in this region who are highly health conscious and are inclined towards the consumption of sugar-free products is driving the demand of sugar alcohols in this region. Surging female involvement in the working population and the hectic day-to-day schedule of the population are some of the reasons behind the growth of this market in this region. Europe is succeeded by North America. North America is estimated to hold the second largest market because of the presence of a large number of patients and rapid utilization of hand sanitizers. Asia Pacific region is projected to emerge as the third largest growing region for this market because of the presence of dominant players in this region.
This market intelligence report on the global Sugar Alcohols Market encompasses market segments based on type, form, application and country.
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By Product Type the global Sugar Alcohols Market has been divided into:
By Form the global Sugar Alcohols Market has been divided into:
q Liquid and Syrup
q Powder and Crystal
By Application the global Sugar Alcohols Market has been divided into:
q Cosmetics and Personal care
q Pharmaceutical and Nutraceutical sectors
q Food and Beverage Sectors
By country/region, the global Sugar Alcohols Market has been divided into:
q North America (the U.S., Canada),
q Latin America (Brazil, Mexico, Argentina and other countries),
q Europe (Germany, France, the U.K., Spain, Italy, Russia, and other countries),
q Asia Pacific (India, Japan, China, Australia and New Zealand and other countries),
q Middle East and Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market Players:
This business intelligence report offers profiling of reputed companies that are operating in the market. Companies such as:
q Ingredion Inc
q Cargill Incorporated
q ADM Co
q SPI Pharma
q Tate and Lyle Plc
q Pfizer Inc
q Roquette Freres
q Associated British Foods
q A&Z Food Additives
q Fraken Biochem Co Ltd
others have been profiled into detail so as to offer a glimpse of the market leaders. Moreover, parameters such as Sugar Alcohols Market related investment & spending and developments by major players of the market are tracked in this global report.
In-depth analysis of the micro and macro indicators, market trends, and forecasts of demand is offered by this business intelligence report. Furthermore, the report offers a vivid picture of the factors that are steering and restraining the growth of this market across all geographical segments. In addition to that, IGR-Growth Matrix analysis is also provided in the report so as to share insight of the investment areas that new or existing market players can take into consideration. Various analytical tools such as DRO analysis, Porter’s five forces analysis has been used in this report to present a clear picture of the market. The study focuses on the present market trends and provides market forecast from the year 2020-2028. Emerging trends that would shape the market demand in the years to come have been highlighted in this report. A competitive analysis in each of the geographical segments gives an insight into market share of the global players.
Few Recent Developments
In May 2020, under the brand name ERYSTA Erythritol, the first sugar alcohol was launched by Ingredion Inc. This product enables the adoption of sugar-free trend by the food manufacturers.
In November 2018, an agreement was signed in between Cargill Incorporated and Royal DSM. This agreement was aimed at the production of steviol glycosides sugar alcohol to provide manufacturers with low-cost options and sustainability solutions.
Ø This study offers comprehensive yet detailed analysis of the Sugar Alcohols Market, size of the market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of forecast: 2020-2028, taking into account 2019 as the base year
Ø It explains upcoming revenue opportunities across various market segments and attractive matrix of investment proposition for the said market
Ø This market intelligence report also offers pivotal insights about various market opportunities, restraints, drivers, competitive market strategies of leading market players, emerging market trends, and regional outlook
Ø Profiling of key market players in the world Sugar Alcohols Market is done by taking into account various parameters such as company strategies, distribution strategies, product portfolio, financial performance, key developments, geographical presence, and company overview
Ø The data of this report would allow management authorities and marketers of companies alike to take informed decision when it comes to launch of Type of models, government initiatives, marketing tactics and expansion, and technical up gradation
Ø The world market for Sugar Alcohols caters to the needs of various stakeholders pertaining to this industry, namely suppliers, manufacturers, investors, and distributors for Sugar Alcohols Market. The research also caters to the rising needs of consulting and research firms, financial analysts, and new market entrants
Ø Research methodologies that have been adopted for the purpose of this study have been clearly elaborated so as to facilitate better understanding of the reports
Ø Reports have been made based on the guidelines as mandated by General Data Protection Regulation
Ø Ample number of examples and case studies have been taken into consideration before coming to a conclusion
Reasons to buy:
v Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the Sugar Alcohols Market
v Identification of key factors driving investment opportunities in the Sugar Alcohols Market
v Facilitate decision-making based on strong historic and forecast data
v Position yourself to gain the maximum advantage of the industry’s growth potential
v Develop strategies based on the latest regulatory events
v Identify key partners and business development avenues
v Respond to your competitors’ business structure, strategy and prospects
v Identify key strengths and weaknesses of important market participants
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