Global Sugar Alcohol Market Assessment, By Product Type [Sorbitol, Xylitol, Maltitol, Mannitol, Lactitol, Others], By Form [Powder, Liquid, Crystal], By Source [Vegetable, Fruits, Others], By Application [Food and Beverage, Pharmaceutical, Cosmetics and Others], By Price Range [Upto USD 1500 per Ton, Above USD 1500 per Ton], By Region, Opportunities and Forecast, 2017-2031F

Global sugar alcohol market is projected to witness a CAGR of 5.11% during the forecast period 2024-2031, growing from USD 2.51 billion in 2023 to USD 3.71 billion in 2031. 

Global Sugar Alcohol Market Size, Share, Growth Analysis, 2031

Global sugar alcohol market is projected to witness a CAGR of 5.11% during the forecast period 2024-2031, growing from USD 2.51 billion in 2023 to USD 3.71 billion in 2031. Factors such as consumer awareness of the benefits of sugar alcohol, safer alternatives to sugar for diabetic patients, and low-calorie properties primarily help in the expansion of the demand for sugar alcohol.
Sugar alcohol is being used in various sectors due to its versatility and wider applicability, which helps in gaining more popularity among consumers and manufacturers, leading to an overall surge in the growth of the market. For instance, 3Doodler announced the launch of their latest product, ChefDoodler, in June 2023. The pen allows the consumers to draw in sugar. The advanced product uses isomalt, available in six vibrant colors. It is used for decorating in sugar, creating edible custom shapes, connecting different pieces to form structures, and in various other applications. Thus, isomalt is a versatile ingredient that elevates store-bought goodies and is a great ingredient for bakers. Key players are continuously innovating their products and creating unique blends and applications of sugar alcohols, joining the functional foods and beverages trend.
<h2>Rise in Health Consciousness Leads to a Surge in the Popularity of Sugar Alcohol</h2>
Increased awareness of health issues, such as obesity and diabetes, has led consumers to seek healthier alternatives to sugar. Sugar alcohols are lower in calories with a lesser impact on blood glucose levels and are considered a viable option by consumers. Additionally, the prevalence of diabetes globally has been increasing, driving the demand for sugar-free or low-calorie sweeteners. Sugar alcohols are often used in products formulated for diabetic individuals as they do not cause a spike in blood sugar levels.
With a focus on weight management and calorie reduction, consumers are looking forward to products that provide sweetness without the added calories of traditional sugar. Sugar alcohol is commonly used in various food and beverage products to meet the surging demand.
For instance, in November 2022, Tate &amp; Lyle PLC announced the launch of ERYTESSE Erythritol. The product offers a complete sugar-like taste for consumers to add to their food and beverages in a lesser quantity and at an affordable cost. ERYTESSE Erythritol contains 70% of the sweetness of sucrose with no calories. It can be added to different culinary varieties, such as dairy, beverages, confectionery, and bakery. Erythritol blends well into the company&rsquo;s existing portfolio and can be used in combination or separately, with natural sweeteners such as stevia and monk fruit.
<h2>Xylitol as a Key Ingredient in Personal Care Products</h2>
As sugar alcohol is a plant-derived substitute for sugar, it is gaining widespread popularity among consumers and manufacturers. It is incorporated in several fast-moving goods, including toothpastes, inhibits the growth of bacteria, and reduces the risk of cavity formation. Xylitol is a key ingredient in personal care products over the other types of sugar alcohols as it has moisturizing properties and functions as a humectant. Additionally, it is sweet and has fewer calories, which gives dual benefits to consumers when managing their calorie intake and controlling their blood sugar levels. Xylitol's versatility and health attributes contribute to its greater acceptance and popularity among various consumer products.
For instance, in August 2023, Quip launched Quip Mints, a sugar-free mint product, which contains Xylitol as a substitute for sugar. With the launch, the company aims to cater to modern consumers who are health-conscious and look for healthier ingredients in their day-to-day products. The product is being sold on its website and online channels such as Walmart, Target, CVS, Amazon, and Walgreens.
<h2>Pharmaceutical Sector to Dominate Amongst the End-users</h2>
Sugar alcohols are widely used in the pharmaceutical and healthcare sectors. They are used as stabilizers, bulking agents, and controlled release modifiers in various formulations in the industry contributing to their usage in the medication of their patients. As a bulking agent, they are beneficial in making tablets and capsules in any desired shape and size. Moreover, they are added as stabilizers in pharmaceutical formulations, which helps the industry maintain the quality and integrity of medication over time. Additionally, being used in controlled-release formulation of medicines, they influence the rate at which the medicine is released in the body, which is a crucial trait of medicine that shows prolonged effects on the disease, helping the body to heal.
Sorbitol has pharmaceutical applications and is widely used in the healthcare industry. For instance, in April 2023, Bausch + Lomb Corporation, a leading global eye health company announced the launch of StableVisc cohesive ophthalmic viscosurgical device (OVD) and TotalVisc Viscoelastic System in the United States. TotalVisc Viscoelastic System includes StableVisc and ClearVisc, which is an OVD that protects ocular tissue during the process of cataract surgery. StableVisc and ClearVisc contain sodium hyaluronate and sorbitol, a chemical agent that has been demonstrated to create a strong physical barrier and provide increased free radical scavenging capabilities compared to other OVDs tested in a laboratory study.
<h2>Digestive Issues Caused by Sugar Alcohols to Restrict Market Growth</h2>
One of the primary challenges associated with the consumption of sugar alcohols is their potential to cause digestive discomfort. They cause digestive issues such as bloating, diarrhea, and gas. Some consumers are more sensitive to the laxative effects of sugar alcohols, which restrains the growth of the market.
As consumers become more conscious of their health and well-being, digestive concerns align with this concern, making them look for products and food items that effectively complement their dietary needs. Key players are trying to adapt to the growing concern with their product offerings by changing the formulation, minimizing its harmful effects, and catering to different choices of the consumers to maintain their relevance in the market.
<a href="https://www.marketsandata.com/industry-reports/sugar-alcohol-market/sample-request">Download Free Sample Report</a>
Future Market Scenario (2024 &ndash; 2031F)
Sugar alcohol with various health benefits and as a key ingredient in the pharmaceutical industry, will witness a surge in demand during the forecast period as consumers are becoming increasingly aware of its health benefits and substitutability with refined sugar. Also, as sugar alcohol is a natural sugar substitute, consumers prefer it over artificial sugar substitutes, such as stevia, due to which sugar alcohols have started gaining popularity among consumers and will have a greater market in the future.
In July 2022, Roquette Fr&egrave;res announced the expansion of Pearlitol SD range of mannitol for the pharmaceutical industry to support advanced tablet forms of dosage. The launch provides a solution in direct functional filler compression for oral dosage in nutraceutical and pharmaceutical applications. Pearlitol 150 SD provides reliability in dosage with every tablet.
Report Scope
&ldquo;Sugar Alcohol Market Assessment, Opportunities and Forecast, 2017-2031F&rdquo;,&nbsp;is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative and quantitative assessment of the current state of global sugar alcohol market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, opportunities, and forecast between 2024 and 2031. Additionally, the report profiles the leading players in the industry, mentioning their respective market share, business models, competitive intelligence, etc.
<table>
<tbody>
<tr>
<td width="301">
Report Attribute
</td>
<td width="301">
Details
</td>
</tr>
<tr>
<td width="301">
Base Year of the Analysis
</td>
<td width="301">
2023
</td>
</tr>
<tr>
<td width="301">
Historical Period
</td>
<td width="301">
2017-2022
</td>
</tr>
<tr>
<td width="301">
Forecast Period
</td>
<td width="301">
2024-2031
</td>
</tr>
<tr>
<td width="301">
Projected Growth Rate
</td>
<td width="301">
CAGR of 5.11% between 2024 and 2031
</td>
</tr>
<tr>
<td width="301">
Revenue Forecast in 2031
</td>
<td width="301">
USD 3.71 billion
</td>
</tr>
<tr>
<td width="301">
Segments Covered
</td>
<td width="301">
Product Type, Form, Source, Application, Price Range
</td>
</tr>
<tr>
<td width="301">
Regions Covered
</td>
<td width="301">
North America, Europe, South America, Asia-Pacific, Middle East and Africa
</td>
</tr>
<tr>
<td width="301">
Key Companies Profile
</td>
<td width="301">
Archer Daniels Midland Company, Cargill, Incorporated, Roquette Fr&egrave;res, Ingredion Incorporated, Mitsubishi Corporation Life Sciences Limited, Atlantic Chemicals Trading Gmbh, Avanschem, Spi Pharma (Associated British Foods Plc), Spectrum Chemical Mfg. Corp. (Spectrum Laboratory Products, Inc.), zuChem, Inc.
</td>
</tr>
<tr>
<td width="301">
Customization Scope
</td>
<td width="301">
15% free report customization with purchase
</td>
</tr>
<tr>
<td width="301">
Pricing and Purchase Options
</td>
<td width="301">
Avail the customized purchase options to fulfill your precise research needs.
</td>
</tr>
<tr>
<td width="301">
Delivery Format
</td>
<td width="301">
PDF and Excel through email (subject to the license purchased)
</td>
</tr>
</tbody>
</table>
In the report,&nbsp;global sugar alcohol market&nbsp;has been segmented into the following categories:&nbsp;
<ul>
<li>By Product Type
<ul>
<li>Sorbitol</li>
<li>Xylitol</li>
<li>Maltitol</li>
<li>Mannitol</li>
<li>Lactitol</li>
<li>Others (Isomalt, Erythritol, etc.)</li>
</ul>
</li>
<li>By Form
<ul>
<li>Powder</li>
<li>Liquid</li>
<li>Crystal</li>
</ul>
</li>
<li>By Source
<ul>
<li>Vegetable
<ul>
<li>Corn</li>
<li>Olives</li>
<li>Asparagus</li>
<li>Sweet Potatoes</li>
<li>Carrots</li>
<li>Others (Mushrooms, Cauliflower, etc.)</li>
</ul>
</li>
<li>Fruits
<ul>
<li>Berries</li>
<li>Pineapples</li>
<li>Plums</li>
<li>Others (Apple, Pear, etc.)</li>
</ul>
</li>
<li>Others (Artificially Produced Sugar Alcohols)</li>
</ul>
</li>
<li>By Application
<ul>
<li>Food and Beverage</li>
<li>Pharmaceutical</li>
<li>Cosmetics and Others</li>
</ul>
</li>
<li>By Price Range
<ul>
<li>Upto USD 1500 per Ton</li>
<li>Above USD 1500 per Ton</li>
</ul>
</li>
<li>By Region
<ul>
<li>North America</li>
<li>Europe</li>
<li>Asia-Pacific</li>
<li>South America</li>
<li>Middle East and Africa</li>
</ul>
</li>
</ul>
Key Players Landscape and Outlook
Key participants in the sugar alcohol market are driving the growth of the market through product innovation, technological advancement, such as microbial fermentation technology, and strategic partnerships. The manufacturers are innovating and launching new products to cater to the dynamic needs of the consumers.
In May 2023, Roquette Fr&egrave;res launched an excipient PEARLITOL ProTec, a plant-based blend of mannitol and maize starch. The solution helps protect and stabilize moisture-sensitive ingredients such as probiotics, providing a longer shelf life, better consistency, and greater opportunities for consumer-friendly formats of dosage. The product efficiently complements the vast range of the company&rsquo;s available excipients and active ingredients for nutraceuticals.
Key Players Operating in Global Sugar Alcohol Market are:
<ul>
<li>Archer Daniels Midland Company</li>
<li>Cargill, Incorporated</li>
<li>Roquette Fr&egrave;res</li>
<li>Ingredion Incorporated</li>
<li>Mitsubishi Corporation Life Sciences Limited</li>
<li>Atlantic Chemicals Trading Gmbh</li>
<li>Avanschem</li>
<li>Spi Pharma (Associated British Foods Plc)</li>
<li>Spectrum Chemical Mfg. Corp. (Spectrum Laboratory Products, Inc.)</li>
<li>zuChem, Inc.</li>
</ul>
Markets and Data&rsquo;s reports answer the following questions:
<ul>
<li>What is the current and future market size of the product/service in question globally or specific to different countries?</li>
<li>How are the markets divided into different product/service segments and the market size and growth of each segment?</li>
<li>What is the market potential of different product segments and their investment case?</li>
<li>How are the markets predicted to develop in the future and what factors will drive or inhibit growth?</li>
<li>What is the business environment and regulatory landscape specific to the product/service?</li>
</ul>
If you can't find what you're searching for or have any custom requirements for global sugar alcohol market, you may approach our team at&nbsp;<a href="mailto:info@marketsandata.com">info@marketsandata.com</a>

Global Sugar Alcohol Market Assessment, Opportunities and Forecast, 2017-2031F

The global sugar alcohol market is fueled by consumer preferences for healthy sugar-free alternatives and a rise in the number of diabetic patients globally.

FAQs

Industry Reports

Blogs

Case Studies

Industry News

Press Release

Infographics