Europe Sugar Alcohols Market By Product Types (Mannitol, Sorbitol, Glycerol, Xylitol, And Others), by End-User (Food, Health, and Others), and By Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) – Size, Share, Trends, Growth, Forecast (2024 to 2029)

Updated On: January, 2024
ID: 3617
Pages: 145

Europe Sugar Alcohols Market Growth and Forecast (2023 - 2028):

The Europe Sugar Alcohols Market was at USD xx million in 2022 and is predicted to reach USD xx million by the end of 2028 with a CAGR of xx% between 2023 and 2028.

Market Overview:

Sugar alcohols are usually organic compounds derived from sugar. It is a soluble and occurs naturally in a very small amount that is present in fruits and vegetables. Commercially, sugar alcohol is derived from sugar and starch. It is a low-calorie sweetener that is added to food and beverages. The diabetes and obesity epidemic continue to affect dietary lifestyles as consumers around the world witness the changing quality of food served. This trend has increased the need for nutritious sweeteners such as sugar alcohols, which are characterized by a low glycemic response. Unlike regular sugar, polyols are low in calories and not harmful despite having the same texture and flavor. These sweeteners have about half the calories of regular sugar, and many foods that are commonly listed as "sugar-free". Due to these advantages, sugar alcohol is widely used as a substitute for sugar for diabetics, as the main purpose of adding sugar alcohol to food and beverages is to maintain normal blood sugar levels. Hence, sugar alcohol has become the best alternative to regular sugar due to its organic and healthy properties. Sugar alcohols can be produced naturally or artificially using the hydrogenation of sugars.

Recent Developments in Europe Sugar Alcohols Industry:

  • In 2018, Cargill signed an agreement with Royal DSM to produce alcohol from steviol glycoside to provide manufacturers with a much more sustainable and lower-cost solution to use.

Europe Sugar Alcohols Market Growth:

The growing diabetic and obese population is supposed to have a direct impact on sugar alcohol sales around the European region.

Drivers:

The rise in chronic diseases, especially diabetes, is creating health awareness, which has rapidly increased the growth of the Europe Sugar Alcohols market, as they maintain blood sugar levels and is a nutritious sweetener. The rapid increase in the number of chronic diseases, the trend towards a sedentary lifestyle and the increase in consumption of low-calorie foods are factors driving the growth of the Europe Sugar Alcohols market during the forecast period 2020-2025. The sedentary lifestyle of customers is also estimated to enhance the growth of the Europe sugar alcohol market. Numerous studies have indicated that consuming polyols can improve your health, mainly because they belong to gluten-free foods. With such a wide range of superior properties, sugar alcohols are widely used in a variety of industries, including food and beverage, bakery and confectionery, pharmaceuticals, and cosmetics. Eating gluten-free foods can provide a number of health benefits, such as better cholesterol, increased energy levels, better digestive health, and weight loss. It is also expected to drive the Europe Sugar Alcohols market growth during the forecast period as demand for corn-based glucose syrup that is believed to be gluten-free increases. The growth of the Europe Sugar Alcohols market is supposed to be driven by a number of factors. Due to an increasingly busy lifestyle, consumers are choosing processed foods and beverages, which is accelerating the growth of the Europe Sugar Alcohols market.

Sugar alcohol is widely used in processed foods and beverages. The main purpose of using sugar alcohol in foods and beverages is to maintain normal blood sugar levels. It is estimated that an individual's propensity for a Western lifestyle and an increase in an individual's disposable income will enhance the growth of the Europe Sugar Alcohols market. Rapidly increasing demand for beverages and increasing need for low-calorie foods led the company to increase investment in healthier, lower-calorie foods, leading to the rapid growth of the Europe Sugar Alcohols market. The European market is expected to expand significantly during this period, as the number of patients suffering from chronic diseases, including diabetes, and the surge in the obsessed population around the region. The growing demand for gluten-free foods and increased health awareness among consumers around the world are the main drivers helping to drive the growth of the Europe Sugar Alcohols market during the outlook period. Increased investments by key players in R&D activities and the development of new applications for polyols are creating huge development opportunities in the Europe Sugar Alcohols market during the conjecture period.

Restraints:

Regulatory impediments and raw material procurement problems will significantly limit sugar alcohol production around the region. The production of sugar alcohol is more complex than that of artificial sweeteners and is believed to hinder the growth of the Europe Sugar Alcohols market. Procurement of raw materials, difficulty in procurement, and supply chain challenges have led companies to face many challenges known to hamper the growth of the Europe sugar alcohol market. Excessive consumption of sugar alcohol can cause side effects, such as causing fergus, gas or diarrhea, and the production of sugar alcohol is more complex than artificial sweeteners and can be a major impediment to the Europe Sugar Alcohols market.

Europe Sugar Alcohols Market Segmentation Analysis:

Based on the type of product, the Europe Sugar Alcohols market is divided into mannitol, sorbitol, glycerol, xylitol, and more. The sorbitol segment currently has a significant share of market revenue as the use of glucose syrup containing polyols increases in various regions. This sector is expected to experience significant growth due to its wide application in the pharmaceutical and food and beverage industries.

By end-user, the Europe Sugar Alcohols market is segmented into food, healthcare and others. Food and beverages industry is a leading segment in the global market due to consumer preferences for processed foods and beverages that are heavily influenced by busy lifestyles and consumer health concerns. However, the bakery and confectionery sector is supposed to record a higher CAGR in the sugar alcohol market during the foreseen period.

Regional Analysis:

Geographically the Europe Sugar Alcohols Market is segmented into UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe. Europe is supposed to lead the market share and show significant growth due to the large adoption of processed foods and the growing demand for sugar-free confectionery products by the population. Europe is an important fast-growing market for sugar alcohol. The high level of confectionery sales and increased consumer awareness of sugar substitutes among the region's processed foods and beverages, especially among the urban population, will support long-term growth.

Key Players in the Market:

Major Key Players in the Europe Sugar Alcohols Market are

  • A & Z Food Additives Co., Ltd
  • Cargill Inc
  • Archer Daniels Midland Co
  • Ingredion Inc
  • Atlantic Chemicals Trading GmbH
  • Associated British Foods Plc
  • Fraken Biochem Co Limited
  • Dow Inc
  • Roquette Freres
  • Beckmann-Kenko GmbH
  • Sanxinyuan Food Industry Corp Ltd

 

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