What is the global market size of the Mannitol Market?

Global Mannitol Market size was valued at USD 403.44 billion in 2021 and is poised to grow from USD 422 billion in 2022 to USD 578.14 billion by 2030, at a CAGR of 4.6% during the forecast period (2023-2030).

Global Mannitol Market Size, Share, Growth Analysis, By Form(Powder and Granules), By Application(Food Grade, Pharmaceuticals) - Industry Forecast 2024-2031

Report ID: SQMIG30H2125 | Region: Global | Published Date: April, 2024
Pages: 198 | Tables: 62 | Figures: 75

Global Mannitol Market News

In February 2024, Indermal launched Vegan DDS Pure Retinal for boosting retinal-induced collagen and elastin recovery with liposome-based delivery systems. The product includes Mannitol as the 4th ingredient in its INCI list.
In March 2023, Ingredion announced that it had acquired Amishi Drugs & Chemicals (AD&C), a manufacturer of superdisintegrants, lubricants, and viscosifiers, and secured a majority position in Mannitab Pharma Specialties, a supplier of specialty sugars to the pharmaceutical industry. The investments complement Ingredion’s portfolio of starch, mannitol, and dextrose product offerings, as well as expand Mannitab’s manufacturing capacity for spray-dried mannitol for direct compression.
In November 2022, Cipla launched Leuprolide Acetate Injection Depot 22.5mg. It is supplied as lyophilized microspheres in a single dose vial as a kit with a prefilled syringe containing 2mL 0.8% mannitol solution and an easy-to-use MIXJECT transfer device for a single dose injection.

Global Mannitol Market Report Snapshots

License Type Top market research company in USA

File Type

$5,300

BUY NOW GET FREE SAMPLE

Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Global Mannitol Market size was valued at around USD 417.48 Million in 2022 and is expected to rise from USD 445.87 in 2023 to reach a value of USD 754.70 Million by 2031, at a CAGR of 6.8% over the forecast period (2024–2031).

The global mannitol market is highly competitive with the presence of several players. The market players are focusing on developing new applications of mannitol and expanding their product portfolio. Additionally, some players are investing in research and development activities to develop new applications of mannitol and improve its properties. 'Roquette', 'Cargill, Inc.', 'Ingredion Incorporated', 'SPI Pharma', 'Merck KGaA', 'Qingdao Bright Moon Seaweed Group Co. Ltd.', 'Zhejiang Huakang Pharmaceutical Co., Ltd.', 'Vizient, Inc.', 'Hebei Huaxu Pharmaceutical Co., Ltd.', 'EMD Millipore Corporation', 'Lianmeng Chemical Co., Ltd.', 'Shouguang Tiancheng Chemical Co., Ltd.', 'Pfanstiehl, Inc.', 'CarboMer, Inc.', 'Sigma-Aldrich Corporation', 'Perstorp Holding AB', 'Medtronic plc', 'Qingdao Free Trade Zone United International Co., Ltd.', 'Dancheng Caixin Sugar Industry Co., Ltd.', 'Alfa Aesar'

Mannitol is used as an active pharmaceutical ingredient (API) in several medications used to treat chronic diseases such as diabetes, heart disease, and cancer. The rising prevalence of these diseases worldwide is driving the demand for mannitol as a crucial component of these medications.

Increasing demand from the pharmaceutical industry: Mannitol is widely used as an excipient in the pharmaceutical industry to improve the solubility and bioavailability of drugs. With the growing prevalence of chronic diseases, the demand for drugs containing mannitol as an active ingredient or excipient is increasing, driving the growth of the mannitol market.

Asia Pacific led the global mannitol market, accounting for more than half of the overall market. Emerging markets like China and India accounted for a large share of the total market. Consumption in the regional market has increased as a result of rising consumer health consciousness. Diabetes is becoming more common in China as a result of the country's changing lifestyle and socioeconomic level, and this trend is expected to continue for the next eight years. However, two types of diabetes must be addressed immediately: obesity and cardiovascular disease. These factors are anticipated to increase market demand over the next eight years.

Feedback From Our Clients

"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "

- Mr. Ali Zali, Commercial Director, ICIIC Iran.

Global Mannitol Market Size, Share, Growth Analysis, By Form(Powder and Granules), By Application(Food Grade, Pharmaceuticals) - Industry Forecast 2024-2031

Global Mannitol Market News

Global Mannitol Market Report Snapshots

Want to customize this report?

FAQs

What is the global market size of Mannitol Market?

Who are the key vendors in the Global Mannitol Market?

What is the key driver of Global Mannitol Market?

What is the key market trend for Global Mannitol Market?

Which region accounted for the largest share in Global Mannitol Market?

Request Free Customization

Related Reports

Feedback From Our Clients

$5,300