The global Polyol Sweeteners market size is expected to reach USD 5,710.97 million by 2032, according to a new study by Polaris Market Research. The report “Polyol Sweeteners Market Share, Size, Trends, Industry Analysis Report, By Form (Liquid, Powder); By Product; By Function; By Application; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Polyols, categorized as non-sugar carbohydrates, are potential sweeteners known for their reduced calorific value. Referred to as 'sugar replacers' or 'sugar alcohols' due to their chemical structure resembling sugar, polyol sweeteners offer fewer calories per gram compared to sugar, as per the Calorie Control Council. Currently, available polyol sweeteners encompass erythritol, isomalt, lactitol, maltitol syrups, maltitol, sorbitol, mannitol, and xylitol. This product serves as a beneficial "natural" ingredient in various applications, spanning the food, pharmaceutical, cosmetic, and other technical and chemical industries. In the U.S., the global polyol sweeteners market is anticipated to grow rapidly, driven by increasing consumer demand for healthier and lower-calorie food products. Additionally, the product finds utility in the tobacco, textile, and paper industries, acting as a binder, bulking agent, humectant, and chemical reactant.
The COVID-19 pandemic has significantly affected the polyol sweeteners market, impacting both the demand and supply dynamics of these products. Polyol sweeteners, widely used as sugar substitutes in various food and beverage categories like confectionery, bakery, and dairy items, have undergone a noticeable shift in consumer preferences during the pandemic. The primary impact of COVID-19 on the polyol sweeteners market has been the change in consumer choices towards healthier food alternatives. With increased health consciousness and a greater understanding of the adverse effects of excessive sugar intake, consumers are increasingly choosing sugar-free and low-calorie products, leading to a surge in demand for polyol sweeteners.
On the flip side, the pandemic has posed challenges to the supply chain of polyol sweeteners, with many manufacturers facing disruptions due to restrictions on the movement and transportation of goods. Some manufacturers experienced setbacks in their production and delivery schedules, further affecting the availability of polyol sweeteners. As an example, Ingredion Incorporated, a leading polyol sweetener manufacturer, reported a decline in its net sales in the second quarter of 2020, citing supply chain disruptions caused by the pandemic.
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Addressing aftertaste and texture concerns presents a key challenge for polyol sweeteners. Nevertheless, ongoing technological advancements aim to tackle these issues. Notably, Cargill has introduced a novel polyol sweetener named Zerose, designed to deliver a clean taste and texture. This innovation makes Zerose suitable for incorporation into a diverse array of products. Cargill, an agribusiness company, operates in various sectors, including food, financial products, agriculture, industrial, and risk management, demonstrating a commitment to advancing solutions in the polyol sweeteners industry.
Polyol Swweteners Market Report Highlights
Polaris Market Research has segmented the Polyol Sweeteners market report based on form, function, product, application, and region:
Polyol Sweeteners, Form Outlook (Revenue - USD Million, 2019 - 2032)
Polyol Sweeteners, Function Outlook (Revenue - USD Million, 2019 - 2032)
Polyol Sweeteners, Product Outlook (Revenue - USD Million, 2019 - 2032)
Polyol Sweeteners, Application Outlook (Revenue - USD Million, 2019 - 2032)
Polyol Sweeteners, Regional Outlook (Revenue - USD Million, 2019 - 2032)
Report Attributes |
Details |
Market size value in 2024 |
USD 3,610.39 million |
Revenue forecast in 2032 |
USD 5,710.97 million |
CAGR |
5.9% from 2024 – 2032 |
Base year |
2023 |
Historical data |
2019 – 2022 |
Forecast period |
2024 – 2032 |
Quantitative units |
Revenue in USD million and CAGR from 2024 to 2032 |
Segments Covered |
By Form, By Product, By Function, By Application, By Region |
Regional scope |
North America, Europe, Asia Pacific, Latin America; Middle East & Africa |
Customization |
Report customization as per your requirements with respect to countries, region and segmentation. |
For Specific Research Requirements |