Erythritol Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018-2028

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Erythritol Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018-2028

Status : July, 2020 | Food and Beverages | PPT format

Report Digest


Global Erythritol Market: Snapshot

Erythritol is a crystalline white powder that has a clean sweet and sucrose-like taste. Erythritol, like other polyols, does not encourage tooth decay and is safe for people diabetized by erythritol. The caloric value of Erythhritol of null calories per gr, however, differs from other polyols by its high digestive tolerance. The organic market for erythritol is a natural, zero calorie, sucrose-like bulk sweetener.

In addition, the jurisdictions including EU jurisdictions in which erythritol was regulated to be zero-kcal / g are generally recognized as safe (GRAS) as well as the Federal Food and Drug Administration (FDA). Meso-erythritol provides a response to both health and indulgence with zero calorie content. Erythritol is used as a flavor agent in the pharmaceutical industry to increase the taste of medicine. Erythritol finds use in oral care and other products in personal care. In comparison with other polyol sweeteners Meso-erythritol has the highest digestive tolerance.

The demand for highly intensive sweeteners has shown steady growth over the last five years, which in the next five years will also grow at a higher rate. Consumers in emerging countries are driving the market with health consciousness and change in life style. No major constraints are obstructed on the market of erythritol; manufacturers operating in the company must respect the allowable limit to use erythritol products. At the same time, companies focus on technological innovation, upgrading equipment and improving processes to reduce costs and improve their quality. Competition in the erythritol industry will increase with the snatching for market share in emerging regions.

Global Erythritol Market: Overview

The growth of the global market for Erythritol depends on the expansion of the food and beverages sector across various regional longitudes. Erythritol is essentially a sweetener that appears similar to sugar but contains almost negligible amount of calories. In recent times, the demand for Erythritol has been touching new heights on account of the rising awareness of the masses about the benefits of Erythritol. Erythritol obtained from the fermentation of or hydrogenation of several type of carbohydrates. The sweetness level of Erythritol is greater than that of sucrose, and the former is also believed to provide several medical benefits. The digestive tolerance of individuals who consume Erythritol is enhanced which in turn leads to a better circulation of blood in the body, Other polyols are not as efficient as Erythritol in accelerating the digestive functions of the body. Erythritol has been approved for consumption by the Food and Drug Administration (FDA) department in the US. Furthermore, it has also garnered attention from the food and beverages industry because of its zero calorie advantage. Several people who are conscious of their health or the ones suffering from diabetes willingly consume Erythritol as a substitute for sugar.

The global market for Erythritol can be segmented based on the following parameters: application and region. Each of these segments contribute towards the overall functioning of the global market for Erythritol.

The report on the global market for Erythritol is a succinct representation of the various dynamics and forces operating in the global market for Erythritol. Furthermore, the amount of revenues generated by the global Erythritol market over the past decade and the projected revenue over the forthcoming years has been included in the report. The regional dynamics of the market coupled with the names of key market players have also been mentioned in the report.

Global Erythritol Market: Key Trends

The market for Erythritol has been expanding on account of the fructuous efforts of the food and beverages industry to serve quality products to the consumers. As the customers of food products become aware about the various parameters such as calorie content, fat percentage, and protein level of a given product, the demand for Erythritol is expected to increase by leaps and bounds. This is because the consumer prefer food with low calories, and Erythritol helps in maintaining that standards in food and beverages. The growth of confectioneries that use Erythritol as a sweetener for special sweets has also been a major contributor to the growth of the global market. The rising incidence of diabetes across the globe has also become a key driver of demand within the global market for Erythritol.

Global Erythritol Market: Regional Analysis

The food and beverages industry in the US and Canada has been swift to adopt products that can help in widening the product portfolio and improving the healthiness quotient of products. Owing to this reason, the demand for Erythritol in North America has escalated at a robust rate over the past few years. The high number of people suffering from diabetes in the US has also been a driver of demand within the global Erythritol market.

Global Erythritol Market: Competitive Landscape

Some of the key players in the global Erythritol market are  JUNGBUNZLAUER SUISSE AG, Shandong Sanyuan Biotechnology Co., Ltd, Cargill Inc., and Foodchem International Corporation.

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.