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The global sugar polyols market was valued at USD 3.40 billion in 2022, increasing at a CAGR of 4.71% from 2023 to 2031 and is anticipated to reach USD 5.14 billion by 2031. Asia Pacific is expected to grow the fastest during the forecast period. The sugar polyols industry was negatively affected by the COVID-19 epidemic, as the supply chain got disrupted mainly because of the complete lockdowns and border closures of the countries. These restrictions were due to the highly infectious and contagious nature of the Covid-19 virus; at the same time, there was no availability of its vaccine in the beginning; social distancing, wearing of masks and use of sanitiser were the only precautions in the early days of this pandemic.
Polyols or sugar alcohols are organic compounds with one hydroxyl group connected to each carbon atom. Polyols are made from sugars naturally, or they can be produced in industries by hydrogenating sugars. It is produced by fermenting the natural sugars available in fruits and vegetables. It is generally produced from corn and uses enzymes to ferment the sugars. Post-fermentation process, the white liquid is then filtered, dehydrated and crystallized to form sugar-like products based on the requirements. Polyols are generally used as a sugar substitute as it has a low glycemic index (GI) score. This score measures the influence of carbohydrates on blood glucose levels. Polyols have lower GI scores than regular sugar, which shows it has a minimum effect on blood sugar levels. Hence it is becoming a popular option for people suffering from diabetes or those looking to manage their blood sugar levels. For instance, Xylitol has a GI score of 13, and Erythritol has a score of 0, and it is becoming the most popular polyol in the market. These polyols are also used in a broad range of food & beverages as they do not significantly impact blood sugar levels. Polyols are broadly used as bulk sweeteners and used in low-carbohydrate diet products. Moreover, the general public is mostly suffering from diabetes, dental cavities, cardiovascular disease and obesity, among others, because of an imbalanced diet and surplus consumption of sugar & fat-rich diets. Hence there is a growing demand for low-calorie food, and the sugar polyol application base is expanding. Sugar-free confectionery has become the key application for the sugar polyol market, especially in Europe. The growth in the need for preventive healthcare has led consumers to consume low-calorie, sugar-free foods to decrease the incidence of obesity and related disorders like heart disease and diabetes. The health benefits along with favourable physiochemical properties of polyols offer good opportunities for the market to get used in many applications like confectionary, pharmaceutical and oral care products.
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For example, in March 2022, Roquette, an organization which produces plant-based ingredients, plant proteins, and pharmaceutical excipients, is planning to produce around USD 27 Million of polyols by 2024, i.e. in 2 years at its site in Lestrem. A multi-million dollar investment was made to produce liquid and powder polyols as the organization focuses on the recent trend for healthier and sustainable food & lifestyles. There is a huge demand for nutritional solutions.
For example, in September 2021, Prinova Group LLC agreed to the acquisition of The Ingredient House, LLC (TIH), which supplies sweeteners and other ingredients to the leading food & beverage sectors. This acquisition would help the organization expand its customer base as TIH would contribute broadly, especially in the sweetener and polyol space.
The surge in the prevalence of diabetes cases: The prevalence of diabetes is increasing significantly all across the world. In 2019, an estimated 463 million people were suffering from diabetes, and it was estimated that this population would reach around 700 million by 2045. A broad majority of this population is suffering from type 2 diabetes. Also, in 2019, global diabetes-related healthcare spending reached around USD 760 Billion, with around a 15% increase from 2017. Diabetes is a multifactorial disease due to consuming excess refined sugar or sugar-containing foods and products. Hence there is a surge in interest in the products sweetened using sugar alcohols which help people suffering from diabetes. These factors are eventually driving the sugar polyols market.
Growing use in the pharmaceutical and personal care sector: There is a growing use of polyol sweeteners as functional ingredients, especially in the personal care and pharmaceutical sectors. Its demand is growing because of its functionality, like superior excipients and stabilizers in drug formulations. These factors have led to its growing applications in the pharmaceutical industry. Moreover, these sweeteners are broadly used in making oral care products like toothpaste and mouthwash as they offer robust resistance to fermentation by oral bacteria. It also offers a refreshing sweet taste. The market is also growing due to the development of reformulated food and drink products which aim to reduce sugar or salt and fat content. These factors are driving the growth of the sugar polyols market.
High prices and cases of side effects: Polyol-associated products have high prices. Also, these polyols are difficult to digest and could lead to abdominal cramps and diarrhoea. It could also lead to many complications like swelling, nausea, flatulence and intestinal pain into motion. The consumption of more than 45 grams to 55 grams of polyols could lead to excess water in the gut, which leads to diarrhea. People could also face dehydration cramps as laxative effects. All these factors act as a restraint for the market.
Growing popularity as sugar substitutes: Polyol sweeteners are becoming popular as sugar substitutes and are broadly used in several sugar-free diets globally. Moreover, polyols do not lead to tooth decay as oral bacteria do not easily convert into acids, thus reducing the risk of cavities. This factor is also offering an upper hand in comparison to sugars. These polyol sweeteners also help mitigate the risk of diabetes and carcinogenicity, which is generally linked to chemical sweeteners. It is a low-calorie sweetener in ice creams, candies and bakery goods. Its structure is similar to that of sugars. Still, polyols offer many health and functional benefits, like not promoting tooth decay and curbing the sudden increase in blood sugar levels. The surge in demand for a sugar-free diet and healthier food are some factors boosting the market in the forecast period.
Several alternatives: There are several alternatives available in the market, like honey, dates, coconut sugar, maple syrup, molasses and agave nectar, among others, and they are also preferred as people perceive them as natural sweeteners. Also, people have become more aware of their health and prefer natural and organic products. These factors are acting as a challenge for the market.
The regions analyzed for the market include Europe, South America, Asia Pacific, North America, the Middle East, and Africa. Asia Pacific emerged as the largest market for the global sugar polyols market, with a 38.32% share of the market revenue in 2022. Asia Pacific is considered the region with high sweetener consumption. Moreover, there is strong growth forecasted from China, Indonesia and India. There is a growing consumption of chewing gum and carbonates in the region. It has been observed that the demand for carbonated soft drinks has increased due to the growing demand for processed food in the region. Moreover, one study states that most sugar alcohols are used in the production of beverages. In 2017, more than USD 240 Million worth of sugar alcohols were sold for beverage applications. These factors are driving the market in the region. North America has emerged as the second largest market for the global sugar polyols market. The main reason for this could be the growing number of health-conscious customers in the region. Also, the US currently holds more than 20% share in the sugar polyol market. In Canada, the sugar polyol market is growing more than 5 per cent CAGR. Polyol sweeteners are approved by the US Food and Drug Administration (FDA) for use in food as food additives.
Asia Pacific Region Sugar Polyols Market Share in 2022 - 38.32%
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The product type segment is divided into xylitol, isomalt, sorbitol, maltitol, mannitol, and others. The sorbitol segment dominated, with a market share of around 37.88% in 2022. Sorbitol is broadly used in diet food like diet drinks, ice cream, cough syrups, mints, and sugar-free chewing gums. It is also generally used in modern cosmetics like humectants and thickeners. It has its application in toothpaste and mouthwash. Moreover, some of the transparent gels can only be produced using sorbitol as it has a high refractive index needed for transparent formulations. As a humectant, it is also used in some cigarettes. It is also used as a humectant and sweetener in cookies and other foods that are not considered dietary.
The form segment is divided into liquid and powder. The liquid segment dominated, with a market share of around 62.43% in 2022. The segment share is attributed to factors like technological advancements in production, decrease in manufacturing cost and ease in usability.
The application segment is divided into food & beverage industry, pharmaceuticals, cosmetics & personal care and others. In 2022, the food & beverage industry segment dominated the market with the largest market share of 57.33% and market revenue of 1.95 billion. Sugar polyols are broadly used in making candies, biscuits, cakes and pastries, energy drinks and diet chocolates, fruit jam and ice cream, among others. For instance, sorbitol is broadly used for diabetic foods. It is used for maintaining the freshness of confectionery and bakery products. It also preserves the colour and improves the shelf life of canned fruits and products.
Report Description:
| Attribute | Description |
|---|---|
| Market Size | Revenue (USD Billion) |
| Market size value in 2022 | USD 3.40 Billion |
| Market size value in 2032 | USD 5.14 Billion |
| CAGR (2023 to 2032) | 4.71% |
| Historical data | 2019-2021 |
| Base Year | 2022 |
| Forecast | 2023-2032 |
| Regional Segments | The key regions are South America, North America, Europe, Asia Pacific, and Middle East & Africa. |
| Segments | Key Segments are type, form, application and regions |
Asia Pacific region emerged as the largest market for the sugar polyols.
The market's growth will be influenced by the surge in the prevalence of diabetes cases and growing use in the pharmaceutical and personal care sector.
The high prices and cases of side effects could hamper the market growth.
Growing popularity as sugar substitutes will provide huge opportunities to the market.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Product Type
4.3.2. Market Attractiveness Analysis By Form
4.3.3. Market Attractiveness Analysis By Application
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. The surge in the prevalence of diabetes cases
5.2.2. Growing use in the pharmaceutical and personal care sector
5.3. Restraints
5.3.1. High prices and cases of side effects
5.4. Opportunities
5.4.1. Growing popularity as sugar substitutes
5.5. Challenges
5.5.1. Several alternatives
6. Global Sugar Polyols Market Analysis and Forecast, By Product Type
6.1. Segment Overview
6.2. Xylitol
6.3. Isomalt
6.4. Sorbitol
6.5. Maltitol
6.6. Mannitol
6.7. Others
7. Global Sugar Polyols Market Analysis and Forecast, By Form
7.1. Segment Overview
7.2. Liquid
7.3. Powder
8. Global Sugar Polyols Market Analysis and Forecast, By Application
8.1. Segment Overview
8.2. Food & beverage industry
8.3. Pharmaceuticals
8.4. Cosmetics & personal care
8.5. Others
9. Global Sugar Polyols Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Sugar Polyols Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Sugar Polyols Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Cargill, Inc
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. BENEO GmbH
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Hebei Huaxu Pharmaceutical Co., Ltd.
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Baolingbao Biology Co. Ltd
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. DFI Corporation
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Jungbunzlauer Suisse AG
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Ingredion Incorporated
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Archer Daniels Midland Company
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. B Food Science Co., Ltd
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. DHW Deutsche Hydrierwerke GmbH
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
11.11. CSPC Shengxue Glucose Co., Ltd.
11.11.1. Business Overview
11.11.2. Company Snapshot
11.11.3. Company Market Share Analysis
11.11.4. Company Product Portfolio
11.11.5. Recent Developments
11.11.6. SWOT Analysis
11.12. DuPont Nutrition & Health (Danisco)
11.12.1. Business Overview
11.12.2. Company Snapshot
11.12.3. Company Market Share Analysis
11.12.4. Company Product Portfolio
11.12.5. Recent Developments
11.12.6. SWOT Analysis
List of Table
1. Global Sugar Polyols Market, By Product Type, 2019-2031 (USD Billion)
2. Global Xylitol, Sugar Polyols Market, By Region, 2019-2031 (USD Billion)
3. Global Isomalt, Sugar Polyols Market, By Region, 2019-2031 (USD Billion)
4. Global Sorbitol, Sugar Polyols Market, By Region, 2019-2031 (USD Billion)
5. Global Maltitol, Sugar Polyols Market, By Region, 2019-2031 (USD Billion)
6. Global Mannitol, Sugar Polyols Market, By Region, 2019-2031 (USD Billion)
7. Global Others, Sugar Polyols Market, By Region, 2019-2031 (USD Billion)
8. Global Sugar Polyols Market, By Form, 2019-2031 (USD Billion)
9. Global Liquid, Sugar Polyols Market, By Region, 2019-2031 (USD Billion)
10. Global Powder, Sugar Polyols Market, By Region, 2019-2031 (USD Billion)
11. Global Sugar Polyols Market, By Application, 2019-2031 (USD Billion)
12. Global Food and Beverage industry, Sugar Polyols Market, By Region, 2019-2031 (USD Billion)
13. Global Pharmaceuticals, Sugar Polyols Market, By Region, 2019-2031 (USD Billion)
14. Global Cosmetics and Personal Care, Sugar Polyols Market, By Region, 2019-2031 (USD Billion)
15. Global Others, Sugar Polyols Market, By Region, 2019-2031 (USD Billion)
16. North America Sugar Polyols Market, By Product Type, 2019-2031 (USD Billion)
17. North America Sugar Polyols Market, By Form, 2019-2031 (USD Billion)
18. North America Sugar Polyols Market, By Application, 2019-2031 (USD Billion)
19. U.S. Sugar Polyols Market, By Product Type, 2019-2031 (USD Billion)
20. U.S. Sugar Polyols Market, By Form, 2019-2031 (USD Billion)
21. U.S. Sugar Polyols Market, By Application, 2019-2031 (USD Billion)
22. Canada Sugar Polyols Market, By Product Type, 2019-2031 (USD Billion)
23. Canada Sugar Polyols Market, By Form, 2019-2031 (USD Billion)
24. Canada Sugar Polyols Market, By Application, 2019-2031 (USD Billion)
25. Mexico Sugar Polyols Market, By Product Type, 2019-2031 (USD Billion)
26. Mexico Sugar Polyols Market, By Form, 2019-2031 (USD Billion)
27. Mexico Sugar Polyols Market, By Application, 2019-2031 (USD Billion)
28. Europe Sugar Polyols Market, By Product Type, 2019-2031 (USD Billion)
29. Europe Sugar Polyols Market, By Form, 2019-2031 (USD Billion)
30. Europe Sugar Polyols Market, By Application, 2019-2031 (USD Billion)
31. Germany Sugar Polyols Market, By Product Type, 2019-2031 (USD Billion)
32. Germany Sugar Polyols Market, By Form, 2019-2031 (USD Billion)
33. Germany Sugar Polyols Market, By Application, 2019-2031 (USD Billion)
34. France Sugar Polyols Market, By Product Type, 2019-2031 (USD Billion)
35. France Sugar Polyols Market, By Form, 2019-2031 (USD Billion)
36. France Sugar Polyols Market, By Application, 2019-2031 (USD Billion)
37. U.K. Sugar Polyols Market, By Product Type, 2019-2031 (USD Billion)
38. U.K. Sugar Polyols Market, By Form, 2019-2031 (USD Billion)
39. U.K. Sugar Polyols Market, By Application, 2019-2031 (USD Billion)
40. Italy Sugar Polyols Market, By Product Type, 2019-2031 (USD Billion)
41. Italy Sugar Polyols Market, By Form, 2019-2031 (USD Billion)
42. Italy Sugar Polyols Market, By Application, 2019-2031 (USD Billion)
43. Spain Sugar Polyols Market, By Product Type, 2019-2031 (USD Billion)
44. Spain Sugar Polyols Market, By Form, 2019-2031 (USD Billion)
45. Spain Sugar Polyols Market, By Application, 2019-2031 (USD Billion)
46. Asia Pacific Sugar Polyols Market, By Product Type, 2019-2031 (USD Billion)
47. Asia Pacific Sugar Polyols Market, By Form, 2019-2031 (USD Billion)
48. Asia Pacific Sugar Polyols Market, By Application, 2019-2031 (USD Billion)
49. Japan Sugar Polyols Market, By Product Type, 2019-2031 (USD Billion)
50. Japan Sugar Polyols Market, By Form, 2019-2031 (USD Billion)
51. Japan Sugar Polyols Market, By Application, 2019-2031 (USD Billion)
52. China Sugar Polyols Market, By Product Type, 2019-2031 (USD Billion)
53. China Sugar Polyols Market, By Form, 2019-2031 (USD Billion)
54. China Sugar Polyols Market, By Application, 2019-2031 (USD Billion)
55. India Sugar Polyols Market, By Product Type, 2019-2031 (USD Billion)
56. India Sugar Polyols Market, By Form, 2019-2031 (USD Billion)
57. India Sugar Polyols Market, By Application, 2019-2031 (USD Billion)
58. South America Sugar Polyols Market, By Product Type, 2019-2031 (USD Billion)
59. South America Sugar Polyols Market, By Form, 2019-2031 (USD Billion)
60. South America Sugar Polyols Market, By Application, 2019-2031 (USD Billion)
61. Brazil Sugar Polyols Market, By Product Type, 2019-2031 (USD Billion)
62. Brazil Sugar Polyols Market, By Application, 2019-2031 (USD Billion)
63. Brazil Sugar Polyols Market, By Form, 2019-2031 (USD Billion)
64. Middle East and Africa Sugar Polyols Market, By Product Type, 2019-2031 (USD Billion)
65. Middle East and Africa Sugar Polyols Market, By Form, 2019-2031 (USD Billion)
66. Middle East and Africa Sugar Polyols Market, By Application, 2019-2031 (USD Billion)
67. UAE Sugar Polyols Market, By Product Type, 2019-2031 (USD Billion)
68. UAE Sugar Polyols Market, By Form, 2019-2031 (USD Billion)
69. UAE Sugar Polyols Market, By Application, 2019-2031 (USD Billion)
70. South Africa Sugar Polyols Market, By Product Type, 2019-2031 (USD Billion)
71. South Africa Sugar Polyols Market, By Form, 2019-2031 (USD Billion)
72. South Africa Sugar Polyols Market, By Application, 2019-2031 (USD Billion)
List of Figures
1. Global Sugar Polyols Market Segmentation
2. Global Sugar Polyols Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Sugar Polyols Market Attractiveness Analysis By Product Type
9. Global Sugar Polyols Market Attractiveness Analysis By Form
10. Global Sugar Polyols Market Attractiveness Analysis By Application
11. Global Sugar Polyols Market Attractiveness Analysis By Region
12. Global Sugar Polyols Market: Dynamics
13. Global Sugar Polyols Market Share By Product Type (2023 & 2031)
14. Global Sugar Polyols Market Share By Form (2023 & 2031)
15. Global Sugar Polyols Market Share By Application (2023 & 2031)
16. Global Sugar Polyols Market Share By Regions (2023 & 2031)
17. Global Sugar Polyols Market Share By Company (2022)
This study forecasts revenue at global, regional, and country levels from 2019 to 2031. The Brainy Insights has segmented the global Sugar Polyols market based on below mentioned segments:
Global Sugar Polyols Market by Product Type:
Global Sugar Polyols Market by Form:
Global Sugar Polyols Market by Application:
Global Sugar Polyols by Region:
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