Polyol Sweeteners Market

Polyol Sweeteners Market | Size & Opportunity Analysis
(2019-2027)
Polyols are non-sugar carbohydrates and are considered as potential sweeteners
with reduced calorific value. Polyol sweeteners are also termed as ‘sugar
replacers’ or ‘sugar alcohols’ as their chemical structure resembles to sugar.
According to Calorie Control Council, polyols provide fewer calories per gram
as compared to sugar. Currently available polyols sweeteners include erythritol,
maltitol syrups, isomalt, lactitol, maltitol, mannitol, sorbitol, and xylitol.
Among product types, sorbitol segment held significant market share in global
polyol sweeteners market in 2018. This is attributed to pleasant taste sorbitol
offers to the products. Moreover, sorbitol provides fewer calories, accounting
2.6 calories per gram of sorbitol as compared to 4 calories per gram of normal
sugar. Therefore, sorbitol is considered as a potential alternative to sugar for
individuals diagnosed with diabetes. For instance, according to data released by
the World Health Organization in October 2018, number of people with diabetes
were 108 million in 1980 globally, which has increased to 422 million in 2014.
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According to Coherent Market Insights, the global polyol sweeteners market
was valued at US$ 2,890.9 million in 2018 and is expected to register a CAGR
of 5.0% in terms of revenue, over the forecast period (2019–2027), to reach US$
4,476.2 million by 2027.
Key Players operating in the global polyol sweeteners market are adopting
various growth strategies such as mergers and acquisitions to cater increasing
demand for polyol sweeteners. For instance, in May 2017, Cargill Inc. acquired
vegetable-based polyol product line ‘Agrol’ from the U.S.-based ‘BioBased
Technologies, LLC’. This acquisition is expected to strengthen Cargill’s product
portfolio of vegetable-based polyols.
Major players operating in the global polyol sweeteners market include, Cargill
Inc., Archer Midland Daniels Company, Ingredion Incorporated, Roquette
Freres, B Food Science Co. Ltd., Tereos Starch and Sweeteners, DuPont de
Nemours, Inc., Gulshan Polyols Ltd., Jungbunzlauer Suisse AG, and Merck
Group.
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The global polyol sweeteners market was valued at US$ 2,890.9 million in 2018 and is expected to register a CAGR of 5.0% in terms of revenue, over the forecast period (2019–2027), to reach US$ 4,476.2 million by 2027.