Global Erythritol Market

Global Erythritol Market Size, Share, Growth Analysis, By By Type(Erythritol Powder, Erythritol Granular), By By Application(Beverages, Food) - Industry Forecast 2024-2031

Report ID: SQMIG15E2483 | Region: Global | Published Date: February, 2024
Pages: 184 | Tables: 63 | Figures: 80

Global Erythritol Market News

  • In January 2023: Ingredion Incorporated announced that it had increased its erythritol manufacturing potential in China.
  • In February 2023: Roquette Frères announced that it had launched a new erythritol manufacturing facility in France.
  • In March 2023: Cargill Inc. Announced that it had acquired the erythritol commercial enterprise of PureCircle.
  • In April 2023: DuPont Nutrition & Biosciences announced that it had launched a brand new erythritol production facility in the United States.
  • In May 2023: Mitsubishi Chemical Corporation announced that it had entered into a joint mission with Jungbunzlauer to produce erythritol in Japan.
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Global Erythritol Market size was valued at USD 332.6 million in 2021 and is poised to grow from USD 340.1 million in 2022 to USD 407.1 million by 2030, at a CAGR of 2.27% During the forecast period (2023-2030).

The global erythritol market capabilities a competitive panorama characterized by means of a mix of established gamers and rising groups. Major enterprise participants include Cargill Incorporated, Jungbunzlauer Suisse AG, Zibo ZhongShi GeRui Biotech Co. Ltd., Ingredion Incorporated, and Mitsubishi Chemical Holdings Corporation, among others. These key gamers were actively concerned in product improvement, expanding manufacturing capacities, and exploring new markets to benefit an aggressive part. Erythritol, a natural sweetener and sugar alcohol, has received a reputation as a low-calorie and diabetic-pleasant sugar alternative, which has fueled its demand across numerous industries which includes meals and beverages, pharmaceuticals, and private care. Additionally, market leaders are investing in studies and improvement to innovate new erythritol-based total products, specializing in formulations that cater to health-conscious purchasers. They are also adopting sustainable production practices to align with the developing customer preference for green and organic merchandise. In this dynamic landscape, emerging corporations are getting into the market with revolutionary answers and value-effective manufacturing techniques. The competition inside the erythritol market is expected to intensify in addition as customers preserve to are seeking more healthy alternatives to sugar, growing opportunities for each mounted gamers and new entrants to enlarge their market presence and capture a percentage of the developing call for for erythritol-based totally merchandise globally. 'Cargill, Inc. - United States', 'Jungbunzlauer Suisse AG - Switzerland', 'Ingredion Incorporated - United States', 'Zibo ZhongShi GeRui Biotech Co., Ltd. - China', 'Mitsubishi Chemical Foods Corporation - Japan', 'Shandong Sanyuan Biotechnology Co., Ltd. - China', 'Baolingbao Biology Co., Ltd. - China', 'Zerose™ (Tate & Lyle) - United Kingdom', 'The NutraSweet Company (Ajinomoto Co., Inc.) - United States', 'Shandong Tianli Pharmaceutical Co., Ltd. - China', 'Futaste Pharmaceutical Co., Ltd. - China', 'Shandong Lujian Biological Technology Co., Ltd. - China', 'Shandong Saigao Group Corporation - China', 'Zhongbei Northland Bio-Chem Industry Co., Ltd. - China', 'Jiaoda Rising Weinan Sugar Industry Co., Ltd. - China', 'Danisco (DuPont Nutrition & Biosciences) - United States', 'JK Sucralose Inc. - China', 'Shandong Qinbao Bio-Industry Co., Ltd. - China', 'Shandong Baolingbao Biology Co., Ltd. - China', 'Foodchem International Corporation - China', 'Jincheng Pharm (China) Co., Ltd. - China', 'Hill Pharmaceutical Co., Ltd. - China', 'DFI Corporation - Japan', 'Shandong Tianli Pharma - China', 'Shandong Zhonggu Starch Sugar Co., Ltd. - China'

Increasing Demand for Low-Calorie Sweeteners: One giant trend within the erythritol market is the growing call for low-calorie sweeteners. Erythritol is a sugar alcohol that is definitely calorie-unfastened and does not now improve blood sugar degrees, making it an appealing alternative for purchasers in search of more healthy options to sugar. As worries about weight problems and diabetes keep growing, customers are looking for sugar substitutes that allow them to experience candy-tasting products without the related fitness risks. This trend is pushed by the growing emphasis on fitness and well being, leading to a surge in the use of erythritol in diverse meals and beverage merchandise, together with sugar-loose candies, eating regimen sodas, and sugar-unfastened baked items.

The international erythritol market is analyzed based totally on its regional presence, which includes North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Asia-Pacific was the dominant region inside the global erythritol marketplace. This dominance changed due to several factors, along with the place's full-size manufacturing capacity for erythritol, driven basically by way of China. China is a primary producer and exporter of erythritol, contributing notably to the general delivery chain. The Asia-Pacific vicinity additionally had a growing demand for low-calorie sweeteners within the meals and beverage enterprise, aligning with the growing health-recognition and choice for sugar-free merchandise in nations like China, Japan, and South Korea.

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