Expected to Reach Nearly $360 Million by 2029, Driven by Demand for Sugar Alternatives (#Erythritol, #SugarSubstitute, #HealthySweetener)
The global erythritol market is poised for steady growth, with a projected market size of US 0.36 billion by 2029. This translates to a CAGR (compound annual growth rate) of 6.5% from 2023 onwards, according to a comprehensive market research report by Maximize Market Research.
Market Overview
Erythritol, a sugar alcohol with near-zero calories and a natural sweetness profile, is gaining traction as a healthy sugar substitute. Rising health consciousness and growing consumer preference for low-calorie sweeteners are fueling the expansion of the erythritol market.
Market Scope
Maximize Market Research's report offers a detailed analysis of the erythritol market. It delves into market segmentation by type (powder and granular), application (confectionery & beverages, personal care, pharmaceuticals, others), and form (powder and granular). Additionally, the report provides a competitive landscape with key players, and a PESTLE analysis to assist stakeholders in navigating the market landscape.
Segmentation
- Type: Erythritol Powder, Erythritol Granular
- Application: Confectionery and Beverages, Personal Care, Pharmaceuticals, Others
- Form: Powder, Granular
Major Manufacturers
- Ingredion Inc. (US)
- Cerestar Holding B.V. (Netherlands)
- HYET Sweet (China)
- Unterhofer & Partner KG (Germany)
- Nikken-Chemical (Japan)
- Mitsubishi-Chemical Foods Corporation (Japan)
- Futaste (China)
- Ingredients Tech. (China)
- JUNGBUNZLAUER SUISSE AG (Switzerland)
- And Other Key Players
Regional Analysis
The report analyzes the erythritol market across North America, South America, Asia Pacific, Europe, and the Rest of the World. Asia Pacific is currently the dominant market and is expected to maintain its lead due to a growing population and increasing demand for healthy food and beverage options.
COVID-19 Impact Analysis
The press release should acknowledge the COVID-19 pandemic's impact on the erythritol market. While there may have been temporary disruptions in supply chains, the long-term outlook for the market remains positive due to the growing demand for healthy and functional food ingredients.
Key Questions Answered
- What is the anticipated CAGR of the erythritol market?
- Which segment is expected to witness the highest growth?
- Who are the leading players in the global erythritol market?
- What are the key factors driving the demand for erythritol?
- How are regional trends shaping the erythritol market landscape?
Table of Contents:
Chapter 1: Overview
Chapter 2: Global Market Status and Forecast by Regions
Chapter 3: Global Market Status and Forecast by Types
Chapter 4: Global Market Status and Forecast by Downstream Industry
Chapter 5: Market Driving Factor Analysis
Chapter 6: Market Competition Status by Major Manufacturers
Chapter 7: Major Manufacturers Introduction and Market Data
Chapter 8: Upstream and Downstream Market Analysis
Chapter 9: Cost and Gross Margin Analysis
Chapter 10: Marketing Status Analysis
Chapter 11: Market Report Conclusion
Chapter 12: Research Methodology and Reference
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About Maximize Market Research:
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