Sugar Alcohol Market to Grow at a CAGR of 5.11% in 2024–2031

Advancements in biotechnological processes, such as microbial fermentation and enzymatic bioconversion, have significantly improved sugar alcohol production globally. Enhanced yeast and bacterial strains enable higher-yield, low-waste conversion of glucose and xylose into polyols such as erythritol and xylitol. Countries such as Japan and the European Union, with a focus on green chemistry, have heavily invested in these technologies, boosting adoption in the food and pharmaceutical industries.

According to Markets and Data Research report, Sugar Alcohol Market Assessment, Opportunities and Forecast, 2017–2031F”, the global sugar alcohol market was valued at USD 2.51 billion in 2023 and is expected to register a CAGR of 5.11% during the forecast period. The market is primarily driven by increasing health consciousness and consumer demand for healthier alternatives to sugar. Rising concerns about obesity, diabetes, and dental health have led to greater adoption of sugar alcohols, which offer lower calorie content and minimal impact on blood sugar levels. Additionally, the growing popularity of low-carb and keto diets, which focuses on reducing sugar intake, is fueling the demand for sugar alcohol in various food and beverage products.

The growing number of diabetic patients is driving food and beverage manufacturers to seek alternative sugar-based products. According to the International Diabetes Federation Atlas, 10.5% of adults are living with diabetes, a figure projected to rise by 46% to 783 million by 2045. With over 90% of these individuals affected by type 2 diabetes, driven by factors such as urbanization, aging populations, and rising obesity rates, the need for safe sugar substitutes has never been greater. The pharmaceutical industry contributes to market growth, using sugar alcohols in diabetic-friendly medications and oral care products. Additionally, the clean-label trend, technological advancements in production, and the rising popularity of convenience foods support market expansion, further solidifying the role of sugar alcohols in the global food and beverage market.

Spread through 435 pages, the “Sugar Alcohol Market” report includes an in-depth TOC, over 303 market data figures, the latest market developments, key drivers and opportunities, and a thorough study of major company profiles. Moreover, the report offers strategic recommendations, pricing analysis, market share analysis, and value chain analysis in detail.

Click: https://www.marketsandata.com/industry-reports/sugar-alcohol-market

Key Takeaways:

  • Investment in R&D is essential for expanding the sugar alcohol market, driving new applications, improving product performance, and catering to health-conscious consumers seeking low-calorie, diabetic-friendly options.
  • Expanding production capacity and strengthening distribution networks are key strategies for meeting rising global demand, ensuring cost efficiency, and improving product accessibility in competitive regions such as North America and Europe.
  • Strategic partnerships and acquisitions, particularly with companies in related sectors, enable innovation in product development, such as combining sugar alcohols with natural sweeteners to offer healthier, low-calorie options.
  • Sustainability efforts in sourcing sugar alcohols from plant-based, non-GMO sources and exploring biotechnological fermentation processes help reduce environmental impact and appeal to eco-conscious consumers in key global markets.

Global sugar alcohol market is segmented in the following categories:

By Product Type: Sorbitol, Xylitol, Maltitol, Mannitol, Lactitol, and Others

By Form: Powder, Liquid, and Crystal

By Source: Vegetables, Fruits, and Others

By Application: Food and Beverage, Pharmaceutical, Cosmetics, and Others

By Price Range: Below USD 1500 per Ton and Above USD 1500 per Ton

By Region: North America, South America, Europe, Asia-Pacific, and Middle East and Africa

Press Release: https://www.marketsandata.com/press-release/sugar-alcohol-market

Based on product type, Sorbitol was the largest contributor with a 36.83% market share in 2023. Sorbitol, a well-known sugar substitute, is widely used in the production of sweets, oral care products, and medicines. The growing consumer awareness of its benefits, alongside its increasing acceptance across multiple industries and the rising prevalence of diabetes, are expected to significantly boost the segment’s revenue in the market. Meanwhile, Xylitol has gained popularity due to its visual and taste similarities to sucrose. Commonly used in dental care products, Xylitol helps reduce cavities by being non-fermentable, which inhibits the growth and reproduction of cavity-causing bacteria in the mouth.

Based on region, Asia-Pacific is expected to grow at a CAGR of 5.37% from 2023 to 2031 where key countries such as China, Japan, and India are driving the market expansion. China and India are major producers of sugar alcohol, with numerous manufacturers operating in the region. The rising prevalence of obesity and diabetes is fueling the demand for sugar alternatives, with projections indicating that China, India, and Pakistan will have the highest diabetes rates, estimated at 147, 134, and 37 million cases, respectively, by 2045. This health crisis has significantly increased the demand for low-calorie sweeteners such as sorbitol, xylitol, and erythritol. Additionally, leading food and beverage manufacturers in the region often prefer sourcing sugar alcohol from local suppliers to support the growth of the domestic market.

Major Companies Operating in Global Sugar Alcohol Market Include:

  • Archer Daniels Midland Company
  • Cargill, Incorporated
  • Roquette Frères
  • Ingredion Incorporated
  • Mitsubishi Corporation Life Sciences Limited
  • Atlantic Chemicals Trading Gmbh
  • Avanschem
  • Spi Pharma (Associated British Foods Plc)
  • Spectrum Chemical Mfg. Corp. (Spectrum Laboratory Products, Inc.)
  • zuChem, Inc.

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Key players in the global sugar alcohol market are employing strategies such as product innovation, sustainability initiatives, and strategic partnerships to strengthen their market position. These strategies focus on expanding product offerings, improving performance, and meeting consumer demand for eco-friendly solutions. In September 2024, Cargill launch three 100% bio-based polyols at FEICA European Adhesive & Sealant Conference and EXPO 2024. This innovation eliminates the need for isocyanates while enhancing safety, features recycled polyethylene terephthalate (rPET) polyol made from industrial waste PET, promoting recyclability. Cargill’s initiative aligns with the industry’s shift towards sustainable, high-performance alternatives to traditional petroleum-based products.

“Sugar Alcohol Market Assessment, 2017–2031F” evaluates the future growth potential of the global sugar alcohol market and provides statistics and information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers to take investment decisions for their organizations more strategically. Moreover, the report identifies and examines the emerging trends along with key drivers, challenges, and opportunities in the global sugar alcohol market.

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