Polyols and Sorbitols Products Market

Polyols and Sorbitols Products Market Outlook

The sales in the global polyols and sorbitols products market are anticipated to total US$ 4.6 Bn by the end of 2022, showcasing growth at a CAGR of nearly 5% to 6% during the forecast period from 2022 to 2032.

Driven by the growing usage across the food & beverages and dietary pharmaceutical industries, the demand for polyols and sorbitols products is estimated to surpass a valuation of US$ 8 Bn by the end of 2032, in comparison to the US$ 4.3 Bn registered in 2021.

Report Attribute	Details
Polyols And Sorbitols Products Market Registered Base Value (2021)	US$ 4.3 Billion
Polyols And Sorbitols Products Market Expected Value (2022)	US$ 4.6 Billion
Polyols And Sorbitols Products Market Anticipated Value (2032)	US$ 8 Billion
Polyols And Sorbitols Products Market Projected Growth Rate (2022-2032)	5% to 6% CAGR

Polyols are sugar alcohol molecules that possess two or more alcohol groups. It is also known as a sugar-free sweetener. Polyols and sorbitols are generally extracted from natural foods such as peaches, apples, pears, and others and from corn syrup.

What are Prominent Drivers Spearheading the Sales of Polyols and Sorbitols Products in Global Market?

In the past few years, there is a significant rise in incidence of lifestyle diseases such as diabetes, obesity, and others across the globe, due to the growing adoption of unhealthy eating habits and increasing fast-paced lifestyles.

For instance, according to a study by the International Diabetes Federation, nearly 537 million adults from the age of 20 to 79 years were reported to be suffering from diabetes worldwide in 2020 and the number is estimated to reach 643 million by 2030.

As sugar-free sweeteners are extensively used by diabetic patients for adding flavor & sweetness to numerous food products, growing prevalence of diabetes is projected to create lucrative growth opportunities in the global market over the coming years.

Which are the Restraints Dampening the Growth in the Global Polyols and Sorbitols Products Market?

Excess consumption of polyols and sorbitols products results in causing gastrointestinal ailments such as bloating, laxative effects, flatulence, and abdominal discomfort among others.

In addition, a number of regulatory organizations such as the Food and Drugs Administration (FDA) are implementing regulations, mandating the laxative warning on products that contain over 10% of sugar alcohol. Hence, increasing awareness regarding these adverse health effects related to these sugar-free sweeteners is hindering the sales of polyols and sorbitols products in the market.

Why is North America Accounting for the Maximum Polyols and Sorbitols Products Sales in the Global Market?

North America is estimated to emerge as a highly remunerative market for polyols and sorbitols products from 2022 to 2032, reveals Future Market Insights.

Due to the growing customer inclination towards healthy living and increasing adoption of low-calorie food products, there is a swift rise in demand for sugar-free products. Hence, leading companies are emphasizing on introducing novel sugar-free products to capitalize on the increasing demand.

For instance, in 2020, Ingredion, an American multinational sweetener and ingredient provider announced introducing its first polyols sweetener, ERYSTA Erythritol with reduced calorie content for applications in desserts, bakery products, and others. A slew of such new product launches is estimated to bolster the sales in the North America market.

Why is Demand for Polyols and Sorbitols Products Rising at a Rapid Pace in the South Asia Market?

As per a study by FMI, South Asia is anticipated to account for a significant share in the global polyols and sorbitols products market from 2022 to 2032.

With increasing burden of diseases such as cholesterol-related ailments, diabetes, and obesity, demand for fat-free, low calorie, organic and natural products is rapidly increasing across Asia Pacific, creating growth prospects for polyols and sorbitols products.

Also, Polyols and sorbitols are increasingly finding applications in milkshakes, juices, protein shakes, energy drinks, soups, and syrups as flavoring agents and sweeteners. This is further projected to accelerate the demand in the South Asia market.

Market Competition

Some of the leading players in the polyols and sorbitols products market are Royal Dutch Shell PLC., Tereos Starch & Sweeteners, Gulshan Polyols Ltd., Roquette Freres, China National Bluestar Co, Ltd., Merck, Cargill, Ecogreen Oleochemicals, BASF SE, Sorini, Sigma-Aldrich, American International foods, Spi Pharma, Polyols & Polymers Pvt. Ltd., and others.

Key manufacturers are aiming at launching new products and expanding their production capacity to strengthen their foothold in the highly competitive polyols and sorbitols products market.

Report Scope

Report Attribute	Details
Growth Rate	CAGR of 5% to 6% from 2022 to 2032
Base Year for Estimation	2021
Historical Data	2015-2020
Forecast Period	2022-2032
Quantitative Units	Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032
Report Coverage	Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis
Segments Covered	Form Type Function End Use Region
Countries Covered	North America Latin America Europe East Asia South Asia Oceania Middle East and Africa
Key Companies Profiled	Royal Dutch Shell PLC. Tereos Starch & Sweeteners Gulshan Polyols Ltd. Roquette Freres China National Bluestar Co, Ltd. Merck Cargill Ecogreen Oleochemicals BASF SE Sorini Sigma-Aldrich American International foods Spi Pharma Polyols & Polymers Pvt. Ltd. Others
Customization	Available Upon Request

Key Segments Profiled in the Polyols and Sorbitols Products Market Survey

By Form:

• Liquid Form
• Crystal Form

By Types:

• Maltitol
• Isomalt
• Erythritol
• Xylitol
• Others

By Function:

• Sweetener
• Flavoring Agent
• Humectant
• Others

By End Use:

• Food & Beverage Industry
• Pharmaceutical Industry
• Cosmetic & Personal Care Industry
• Textile & Fiber Industry
• Automotive Industry
• Construction Industry
• Others

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East and Africa