Global Polyol Sweeteners Market Size, Share, Growth Analysis, By Form(Powder, liquid), By Type (Sorbitol, Xylitol), By Function(Flavoring & Sweetening Agents, Bulking Agents), By Application (Food & Beverages, Personal Care & Cosmetics) - Industry Forecast 2022-2028

Global Polyol Sweeteners Market is segmented based on the product type, form, function, application, and region. Based on product type, global polyol sweeteners market is segmented into Sorbitol, Xylitol, Mannitol, Maltitol, Isomalt, and others. Based on form, the market is bifurcated into Powder and Liquid. According to function, it is segmented into flavoring & sweetening agents, bulking agents, excipients, humectants, and others. On the basis of application, it is segmented into food & beverages, personal care & cosmetics, pharmaceuticals, and others. Based on the region, the market is divided into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa.

Analysis by Product

Sorbitol-based sweetener segment dominated the global polyol sweetener market in 2021. Due to its ability to maintain freshness, prevent deterioration, and maintain a constant water content in products like cakes, bread, creams, and jellies, the demand for sorbitol in bakery and confectionery applications is predicted to grow steadily. Cryoprotectant additive sorbitol is used to create surimi, an uncooked and highly refined fish paste. Additionally, the item is used to balance flavours in drinks like fruit juices and carbonated beverages.

The Mannitol-based sweetener segment is anticipated to grow at a high CAGR during the forecast period. Due to its ability to treat patients with oliguric renal failure and lower intracranial pressure, the demand for mannitol-based sweeteners in pharmaceutical applications is anticipated to grow steadily. The product is given intravenously in the latter case, where it is filtered by the kidney.

Analysis by Form

The powder-based polyol sweetener segment dominated the market share of the global market in 2021. Various food products, including candies, chewing gum, and baked goods, are produced using polyol sweeteners in the form of icing powder. The product is widely utilized as a drug component in the pharmaceutical industry in the form of solid crystals. Due to their simpler handling, easier transportation and storage, and longer shelf-life, which exhibits decreased chances of spoilage, powdered or crystallised sugar alcohols are predicted to experience steady growth over the forecast period.

High water solubility makes liquid or syrup-based polyol sweeteners ideal for creating medicinal and nutraceutical formulations. The liquid sugar alcohols segment is predicted to increase in response to the increased consumer awareness of low-calorie intake and the growing need for organically produced sugar replacements.

Europe region dominated the global polyol sweetener market in 2021. Polyol sweeteners market in the region is predicted to demonstrate promising growth over the future years, owing to the desire for natural ingredients and quickly developing personal care industry in countries, such as Italy, France, and Germany. Additionally, the European Parliament introduced a provisional agreement intended to encourage the development of naturally-derived products which has anticipated the growth over the forecast period, increasing market demand for polyol sweeteners in the European food processing sector. Polyol sweeteners are also employed as emulsifiers, foaming and wetting agents, detergents, and dispersants. It is anticipated that increasing demand for bio-based goods in Europe would encourage the use of bio-based surfactants like sorbitol and rhamnolipids. The need for bio-based surfactants is projected to increase due to strict restrictions to reduce greenhouse gas (GHG) emissions, which will support market expansion in Europe.

According to estimates, the market in Asia Pacific would grow at the quickest rate by 2028. This can be attributed to improved buying power parity and the growing usage of sugar-free and sugar-reduced medicinal items and nutritional supplements.

Driver

• It is well known that typical sweeteners like sucrose and glucose have large calorie contents that lead to diseases like diabetes and obesity. The desire for low-calorie and zero-calorie sugar substitutes is being fueled by the growing understanding of the harmful health effects of ingesting high-calorie sweets. As polyol sweeteners fulfil this criterion which leads to the polyol sweetener market size expansion during the forecast period.
• The polyol sweeteners market is expanding primarily due to the rising demand for low-calorie beverages, notably soft drinks, energy drinks, and meals without added sugar. The rising acceptance of nutritious desserts and consumer preference for sugar-free food fuels industry expansion.
• Additionally, the usage of polyol sweeteners as a bulking agent, binder, humectant, and chemical reactant in the tobacco, textile, and paper industries is boosting the market demand from these industries.

Restraint

• Gas and/or laxative effects are among the gastrointestinal symptoms brought on by excessive sugar alcohol ingestion. This might act as a restraining factor for market growth.
• Furthermore, polyol sweeteners that are not absorbed by the body reach the large intestine and bond with water, causing fermentation that causes diarrhoea and gas which may negatively impact the market expansion.

Global Polyol Sweeteners Market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D.

Top Player's Company Profiles

• Cargill, Inc.
• Sweeteners Plus, LLC
• B Food Science Co., Ltd.
• Gulshan Polyols Ltd.
• Ingredion Inc.
• Roquette Frères
• PT. Ecogreen Oleochemicals
• Mitsubishi Corporation Life Sciences Ltd.
• Tereos
• SPI Pharma
• HYET Sweet
• Jungbunzlauer Suisse AG
• DFI Corp.
• Sukhjit Starch & Chemicals Ltd.
• Zhejiang Huakang Pharmaceutical Co., Ltd.
• Shandong Futaste Co.
• Dancheng Caixin Sugar Industry Co. Ltd.
• Shijiazhuang Huaxu Pharmaceutical Co., Ltd.
• DuPont
• zuChem
• Zibo Shunda Biotech Co., Ltd.
• Hylen Co., Ltd.
• Beneo
• Foodchem International Corp.

Recent Developments

• In March 2022, Roquette, a French company that produces plant-based ingredients, proteins as well as pharmaceutical excipients announced that it will invest EURO 25million for the production of polyols in its Lestrem site.
• In January 2022, Barentz, distributor of life science ingredients will take over the sole distribution of ACT Polyols (ACT) in North America. With its non-GMO, rice-derived sweeteners and protein isolates, the firm, located in Pakistan, anticipates significant growth in the clean label industry. The rice protein manufactured by ACT Polyols is likewise created from locally grown, GMO-free, and allergen-free rice. It is made from rice after being treated with certain enzymes that separate the protein from the carbs in rice.

• In the food and beverage business, steviol glycosides (SGs) are frequently employed as a sugar replacement and natural, calorie-free sweetener. Intensively sweet plant-derived substances called steviol glycosides are allowed to be added to a wide range of foods and beverages. The stevia component market has seen a number of recent technical developments that have opened up the creation of steviol glycosides of the newest generation with a less unpleasant aftertaste. These steviol glycosides, Reb M, Reb E, and Reb D, are present in lesser concentrations in the stevia leaf but give a superior sensory profile and cleaner taste more comparable to that of sugar. New technologies have permitted the sustainable manufacture of these steviol glycosides. For instance, Codex Alimentarius, an organisation that sets global food standards, has established a Framework for steviol glycosides, a move that is anticipated to be advantageous for the whole stevia business. The new Framework sees Codex approve four stevia manufacturing technologies: stevia leaf extract, Steviol glycosides from fermentation, bioconverted steviol glycosides, and glucosylated steviol glycosides.

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.

According to our Global Polyol Sweeteners Market analysis, global demand for polyol sweeteners is being driven by increased use of sugar substitutes in food preparation, a trend toward healthy diets, organic food consumption, and low-calorie foods, as well as increased use of natural ingredients in the pharmaceutical, cosmetic, and nutritional supplement industries. Due to the widespread usage of beverages, the industry is anticipated to have promising growth of sugar substitutes in a variety of drinks. To fulfil the rising demand for zero-calorie goods, the producers are creating functional drinks using polyol sugar alternatives. Increased health issues including diabetes, tooth decay, and obesity brought on by sugar-rich confectionery products are fueling the market for polyol sweeteners. As a result, customers are far more willing to spend money on food that offers higher health benefits without losing flavour due to this understanding.