Global
Erythritol Market: Overview
Erythritol
is a sweetener that is quite similar to sugar in terms of taste and
looks, yet has almost negligible calories. It is thus used
extensively as sweeteners in the food and beverages industry.
Erythritol is obtained from the hydrogenation or fermentation of
various carbohydrates. It is about 70% as sweet as sucrose, which is
very low in calorie and are sometime produced as zero calorie
sweetener. Clinically, erythritol is known to have better digestive
tolerance than other classes of polyols, due to which, majority
erythritol is transmitted into the body through blood, after it has
been absorbed by the small intestine.
Owing
to the health benefits it offers, the use of erythritol is approved
by the most prominent international organizations such as the U.S.
Food and Drug Administration (FDA). It has also acquired the status
of Generally Recognized as Safe (GRAS). Additionally, the market sees
lucrative opportunities in EU as erythritol has been regulated as
zero kcal/g, and is considered safe for the people with diabetes.
Erythritol
ensures better digestive tolerance than sucrose at the same volume.
Additionally, erythritol consumption does not cause tooth decay. Due
to such benefits erythritol
market is expanding at a rapid pace.
Regionally,
Western Europe, North America, and Japan hold majority share in the
global erythritol market based on value. Demand from the market is
poised to surge exponentially particularly in regions where
consumption of sweeteners is very high. Emerging economies in Asia
Pacific such as India and China have emerged as prospective markets
for erythritol manufactures.
Global
Erythritol Market: Key Segments
Based
on application, erythritol market is classified into food and
beverage industry, personal care industry, pharmaceutical industry,
and others (including agriculture/animal feed). Of these, the food
and beverages industry is further bifurcated into food industry and
beverage industry. In the food industry erythritol is mainly used as
sweetener and protective agents in confectionaries and as additives
in low calorie diet food. In the pharmaceutical industry, erythritol
is used as a flavoring agent to augment the taste of medicine. In
personal care, erythritol finds application in oral care and other
products. It is also used as preservatives to inhibit bacteria.
Regionally,
the global erythritol market is spread across Asia Pacific excluding
Japan, North America, Western Europe, Eastern Europe, Latin America,
Japan and Middle East & Africa.
Global
Erythritol Market: Trends and Opportunities
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Globally,
the demand for sweeteners has considerably increased in last five
years. This trend is likely to continue at least for the next five
years. The growing health consciousness and changing lifestyle of
consumers in emerging countries will give a significant impetus to
the market. However, the market will face tough challenge from
stevia. While the global erythritol market is hindered by no major
restraints, the manufacturers operating in the industry must adhere
to the permissible limit of using erythritol in products, since over
consumption of erythritol may have adverse effects on
gastrointestinal system.
Erythritol
is widely used in North America, Japan, and Western Europe. The
market also witnesses lucrative prospects in emerging economies of
Asia Pacific excluding Japan and Latin America. The Asia Pacific
market for erythritol is expected to exhibit growth at the highest
pace in the near future.
Global
Erythritol Market: Competitive Landscape
The
report profiles some the key players operating in the erythritol
market such as Foodchem International Corporation, JUNGBUNZLAUER
SUISSE AG, Cargill Inc., Incorporated, Shandong Sanyuan Biotechnology
Co., Ltd, and others.
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
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