Global Sugar Alcohol Market

Sugar Alcohol Market Size, Share, Growth Analysis, By Type(Sorbitol and Mannitol), By Application(Food and Beverages, Pharmaceuticals) - Industry Forecast 2024-2031


Report ID: SQMIG15B2086 | Region: Global | Published Date: March, 2024
Pages: 184 | Tables: 61 | Figures: 75

Sugar Alcohol Market Insights

Global Sugar Alcohol Market size was valued at USD 3.98 billion in 2022 and is poised to grow from USD 4.22 billion in 2023 to USD 6.78 billion by 2031, growing at a CAGR of 6.1% during the forecast period (2024-2031).

The global sugar alcohol market is poised for significant growth in the coming years due to the increasing demand for low-carbohydrate options and the growing health consciousness among consumers worldwide. This trend is driven by the desire for healthier food and beverage choices. Moreover, the rising prevalence of obesity and diabetes in the population further fuels the demand for sugar alcohol products. Sugar alcohol is an organic compound derived from sugars that contains a hydroxyl group attached to a carbon atom. The most commonly used sugar alcohols include sorbitol, mannitol, xylitol, maltitol, glycerol, lactitol, arabitol, erythritol, isomalt, and hydrogenated starch hydrolysates (HSHs). These sugar alcohols are widely employed as low-calorie sweeteners in the production of sugar-free or low-sugar items such as food additives, toothpaste, medicines, and beverages. The increasing awareness of the detrimental effects of excessive sugar consumption has prompted consumers to seek alternative sweeteners that provide a similar taste without the associated health risks. Sugar alcohols offer an attractive solution, as they can mimic the taste of sugar while containing fewer calories and having a lower impact on blood sugar levels.

US Sugar Alcohol Market is poised to grow at a sustainable CAGR for the next forecast year.

Market snapshot - 2024-2031

Global Market Size

USD 3.98 billion

Largest Segment

Sorbitol

Fastest Growth

Mannitol

Growth Rate

6.1% CAGR

Global Sugar Alcohol Market ($ Bn)
Country Share for North America Region (%)
Global Sugar Alcohol Market By Type ($ Bn)
Global Sugar Alcohol Market By Type (%)

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Sugar Alcohol Market Segmental Analysis

Global Sugar Alcohol Market is segmented by type, application, and region. Based on type, the market can be segmented into sorbitol, and mannitol. Based on application, the market is segmented into food and beverages, pharmaceuticals, and personal care and cosmetics. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Analysis by Type

By type, the market can be segmented into sorbitol and mannitol. Sorbitol is a widely used sugar alcohol and holds a dominant position in the market. It finds extensive applications across various industries, including food and beverages, pharmaceuticals, and personal care products.

Among the sugar alcohol types, Mannitol is recognized as the fastest-growing segment in the global market. While it may not currently dominate the market like Sorbitol, it exhibits significant growth potential. Mannitol is experiencing a surge in demand due to its unique properties and expanding applications. It is increasingly being utilized in the pharmaceutical industry, primarily in the formulation of tablets and as an excipient in medicines. The rising demand for Mannitol can be attributed to its role in improving the drug delivery system, tablet disintegration, and taste masking.

Analysis by Application

By application, the market can be segmented into food and beverages, pharmaceuticals, and personal care and cosmetics. The food and beverage industry represents the dominating segment in the sugar alcohol market. Sugar alcohols are widely used in this sector as sweeteners, bulking agents, and sugar substitutes. The food and beverage segment holds a significant share in the sugar alcohol market, contributing a substantial portion of the overall revenue. The demand for sugar alcohols in this segment is driven by the growing consumer preference for reduced-sugar and low-calorie products.

The pharmaceutical industry is recognized as the fastest growing segment in the sugar alcohol market. Sugar alcohols find various applications in pharmaceutical formulations, offering benefits such as stability, controlled release, and improved patient compliance. Sugar alcohols, particularly sorbitol and mannitol, have gained significant traction in the pharmaceutical industry. They are widely used as excipients, fillers, and bulking agents in tablet formulations, aiding in the manufacturing process and enhancing the quality of oral solid dosage forms.

Global Sugar Alcohol Market By Type, 2023 (%)

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Sugar Alcohol Market Regional Insights

North America dominated the global sugar alcohol market. The region has witnessed significant growth due to several factors. Rising health consciousness among consumers, coupled with an increasing preference for low-carbohydrate and sugar-free products, has driven the demand for sugar alcohols in North America. The region has a well-established food and beverage industry, which has embraced the use of sugar alcohols as a healthier alternative to sugar.

Asia Pacific is expected to be the fastest growing region in the global sugar alcohol market. The region's rapid economic growth, changing dietary preferences, and increasing health consciousness among the population are the key factors driving this growth. Countries like China, India, and Japan have witnessed a surge in demand for low-carbohydrate and sugar-free products, leading to a rise in the consumption of sugar alcohols.

Global Sugar Alcohol Market By Region, 2024-2031
  • Largest
  • Fastest

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Sugar Alcohol Market Dynamics

Drivers

Increasing prevalence of obesity and diabetes worldwide

  • One significant driver for the global sugar alcohol market is the increasing prevalence of obesity and diabetes worldwide. As these health concerns continue to rise, consumers are actively seeking healthier alternatives to sugar. Sugar alcohols provide a viable solution as low-calorie sweeteners, allowing individuals to satisfy their sweet cravings without the negative health impacts associated with excessive sugar consumption. This driver is fueling the demand for sugar alcohol products across various industries, including food and beverage, pharmaceuticals, and personal care.

Restraints

Potential laxative effect associated with high consumption of sugar alcohols

  • A notable restraint for the global sugar alcohol market is the potential laxative effect associated with high consumption of sugar alcohols. Some individuals may experience gastrointestinal discomfort, such as bloating, diarrhea, and flatulence, when consuming large quantities of sugar alcohols. This side effect limits the amount of sugar alcohols that can be used in certain food and beverage formulations, as excessive intake may lead to digestive disturbances. Consequently, manufacturers must carefully consider dosage levels and consumer tolerance to ensure a balanced and comfortable experience when incorporating sugar alcohols into their products.

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Sugar Alcohol Market Competitive Landscape

The global sugar alcohol market is characterized by a mix of established companies and emerging players. Market participants are focusing on product innovation, expanding their production capacities, and engaging in strategic collaborations to gain a competitive edge. Additionally, companies are investing in research and development activities to enhance the quality and efficacy of sugar alcohol products. The increasing demand for low-carbohydrate and sugar-free alternatives is attracting new entrants, intensifying the competition in the market. Companies are also striving to differentiate themselves by offering a wide range of sugar alcohol options and targeting specific consumer segments.

Top Player’s Company Profiles

  • Roquette Frères (France)
  • Ingredion Incorporated (US)
  • Cargill, Incorporated (US)
  • Archer Daniels Midland Company (US)
  • DuPont Nutrition & Biosciences (US)
  • Tereos (France)
  • Südzucker AG (Germany)
  • Mitsubishi Corporation (Japan)
  • Gulshan Polyols Ltd. (India)
  • Jungbunzlauer Suisse AG (Switzerland)
  • DFI Corporation (Japan)
  • Xylitol Canada, Inc. (Canada)
  • Zhejiang Huakang Pharmaceutical Co., Ltd. (China)
  • Shandong Longlive Bio-Technology Co., Ltd. (China)
  • Ecogreen Oleochemicals GmbH (Germany)
  • Sukhjit Starch & Chemicals Ltd. (India)
  • Merck KGaA (Germany)
  • HYET Sweet (Netherlands)
  • Ingredion UK Limited (UK)
  • The NutraSweet Company (US)

Recent Developments

  • In December 2023, Coca-Cola India debuted in the alcohol market by introducing Lemon-Dou, its first global alcoholic ready-to-drink beverage.

     

  • In November 2023, federal regulators issued warnings to two prominent food and beverage industry associations and twelve nutrition influencers. This action is part of an effort to enforce stricter rules on how companies and social media creators disclose paid advertising.

     

  • In May 2023, Doehler, a global company specializing in food and beverage ingredients, uncovered a strategic collaboration with Ixora Scientific. Their partnership intends to explore and provide the market with natural taste modulators sourced from plants. Additionally, they plan to collaborate on creating natural ingredient systems and comprehensive solutions for the worldwide food and beverage sector. 

Sugar Alcohol Key Market Trends

  • A key market trend in the global sugar alcohol market is the growing demand for natural and plant-based sugar alcohol alternatives. Consumers are increasingly seeking products that align with their preferences for natural and clean label ingredients. This trend is driving manufacturers to develop sugar alcohols sourced from plant-based materials such as fruits and vegetables. Additionally, the rising popularity of organic and sustainable food options has further propelled the demand for natural sugar alcohols. Market players are focusing on innovation and product development to cater to this evolving consumer demand.

Sugar Alcohol Market SkyQuest Analysis

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 by means of Primary Exploratory Research backed by robust Secondary Desk research.

According to our global sugar alcohol market analysis, the market is experiencing significant growth driven by the rising demand for low-carbohydrate options and increasing health consciousness among consumers. Factors such as the prevalence of obesity and diabetes, along with regulatory support for healthier food choices, are fueling the market expansion. North America dominated the market, while the Asia Pacific region is poised to be the fastest growing region. However, the market faces challenges related to the potential laxative effects of high sugar alcohol consumption. Additionally, the market trend leans towards natural and plant-based sugar alcohol alternatives to meet the growing consumer preference for clean label and sustainable ingredients.

Report Metric Details
Market size value in 2023 USD 3.98 billion
Market size value in 2031 USD 6.78 billion
Growth Rate 6.1%
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • Type
    • Sorbitol and Mannitol
  • Application
    • Food and Beverages, Pharmaceuticals, and Personal Care and Cosmetics
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Roquette Frères (France)
  • Ingredion Incorporated (US)
  • Cargill, Incorporated (US)
  • Archer Daniels Midland Company (US)
  • DuPont Nutrition & Biosciences (US)
  • Tereos (France)
  • Südzucker AG (Germany)
  • Mitsubishi Corporation (Japan)
  • Gulshan Polyols Ltd. (India)
  • Jungbunzlauer Suisse AG (Switzerland)
  • DFI Corporation (Japan)
  • Xylitol Canada, Inc. (Canada)
  • Zhejiang Huakang Pharmaceutical Co., Ltd. (China)
  • Shandong Longlive Bio-Technology Co., Ltd. (China)
  • Ecogreen Oleochemicals GmbH (Germany)
  • Sukhjit Starch & Chemicals Ltd. (India)
  • Merck KGaA (Germany)
  • HYET Sweet (Netherlands)
  • Ingredion UK Limited (UK)
  • The NutraSweet Company (US)
Customization scope

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Sugar Alcohol Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Sugar Alcohol Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Sugar Alcohol Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Sugar Alcohol Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Sugar Alcohol Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Sugar Alcohol Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Sugar Alcohol Market size was valued at USD 3.98 billion in 2022 and is poised to grow from USD 4.22 billion in 2023 to USD 6.78 billion by 2031, growing at a CAGR of 6.1% during the forecast period (2024-2031).

The sugar alcohol market is characterized by a mix of established companies and emerging players. Market participants are focusing on product innovation, expanding their production capacities, and engaging in strategic collaborations to gain a competitive edge. Additionally, companies are investing in research and development activities to enhance the quality and efficacy of sugar alcohol products. The increasing demand for low-carbohydrate and sugar-free alternatives is attracting new entrants, intensifying the competition in the market. Companies are also striving to differentiate themselves by offering a wide range of sugar alcohol options and targeting specific consumer segments. 'Roquette Frères (France)', 'Ingredion Incorporated (US)', 'Cargill, Incorporated (US)', 'Archer Daniels Midland Company (US)', 'DuPont Nutrition & Biosciences (US)', 'Tereos (France)', 'Südzucker AG (Germany)', 'Mitsubishi Corporation (Japan)', 'Gulshan Polyols Ltd. (India)', 'Jungbunzlauer Suisse AG (Switzerland)', 'DFI Corporation (Japan)', 'Xylitol Canada, Inc. (Canada)', 'Zhejiang Huakang Pharmaceutical Co., Ltd. (China)', 'Shandong Longlive Bio-Technology Co., Ltd. (China)', 'Ecogreen Oleochemicals GmbH (Germany)', 'Sukhjit Starch & Chemicals Ltd. (India)', 'Merck KGaA (Germany)', 'HYET Sweet (Netherlands)', 'Ingredion UK Limited (UK)', 'The NutraSweet Company (US)'

One significant driver for the sugar alcohol market is the increasing prevalence of obesity and diabetes worldwide. As these health concerns continue to rise, consumers are actively seeking healthier alternatives to sugar. Sugar alcohols provide a viable solution as low-calorie sweeteners, allowing individuals to satisfy their sweet cravings without the negative health impacts associated with excessive sugar consumption. This driver is fueling the demand for sugar alcohol products across various industries, including food and beverage, pharmaceuticals, and personal care.

A key market trend in the sugar alcohol market is the growing demand for natural and plant-based sugar alcohol alternatives. Consumers are increasingly seeking products that align with their preferences for natural and clean label ingredients. This trend is driving manufacturers to develop sugar alcohols sourced from plant-based materials such as fruits and vegetables. Additionally, the rising popularity of organic and sustainable food options has further propelled the demand for natural sugar alcohols. Market players are focusing on innovation and product development to cater to this evolving consumer demand.

North America dominated the sugar alcohol market. The region has witnessed significant growth due to several factors. Rising health consciousness among consumers, coupled with an increasing preference for low-carbohydrate and sugar-free products, has driven the demand for sugar alcohols in North America. The region has a well-established food and beverage industry, which has embraced the use of sugar alcohols as a healthier alternative to sugar.

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Global Sugar Alcohol Market

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