Overview:
Mannitol
is known as mannite or manna sugar, which is white, odorless and
sweet tasting powder. Mannitol is non-cariogenic i.e. preventing
development of tooth decay and has a low calorie content. Mannitol is
also known as polyol (sugar alcohol) that is derived from a sugar
known as mannose by reduction and is a naturally occurring alcohol
found in fruits and vegetables. Mannitol is less absorbed by the
body, hence it does not increase the insulin level of the body as
compared to sugar. Mannitol is mostly used in the food and
pharmaceuticals industries because of its unique functional
properties. Mannitol is used for diuresis in the treatment and
reduction of urine production due to the kidney failure. It is also
used in to increase the elimination of toxins from the body and to
reduce the intracranial pressure (pressure inside the skull) and also
pressure in the eye. Mannitol is an isomer of sorbitol having same
chemical formula and molecular weight and is produced by treating
with hydrogen of specialty glucose syrups.
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Global
Mannitol: Market Segmentation
The
global mannitol market is segmented on the basis of form type,
application and region. The mannitol market is segmented on the basis
of form type mainly into powder and granular form. Mannitol is used
in various applications like food, pharmaceutical, medical, and
chemical industries. Due to its very low solubility and
hygroscopicity and its positive impact on the machinability and
texture of final products, mannitol (European safety number E 421,
International number INS 421) is perfectly suited for: - chewing gum
(mass, dusting, coating in combination with xylitol) - chewy sweets
(crystalline phase) Mannitol being not cariogenic, it can also be
used in safe for teeth products.
Mannitol
is widely used in pharmaceuticals as excipients in tablet formulation
and also helps in treating diseases related to kidney and brain. It
is also used for renal protection in cardiac, vascular and also in
renal transplantation surgery. Hence, the use of mannitol in
pharmaceuticals segment is expected to increase the revenue of the
mannitol market in the next few years.
Global
Mannitol Market: Regional Outlook
Geographically,
the global mannitol industry can be divided by major regions which
include North America, Latin America, Western and Eastern Europe,
Asia-Pacific region, Japan, Middle East and Africa.
Asia/
Pacific developed as the most dominant market in 2015. Thus, changing
lifestyle with the rise in diseases related to sugar consumption in
India, China and Japan has strengthened the growth of the mannitol
market and hence is anticipated to expand the growth of Asian
mannitol market over the forecast period.
Global
Mannitol Market: Growth Drivers
The
mannitol market driving factors are the increasing demand for
mannitol in bakery and confectionery such as chewing gums, candies
and lozenges. Increasing demand for low calorie sugars due to growing
health awareness is anticipated to drive the mannitol market over the
forecast period. The demand for mannitol is also increasing due to
the use of mannitol powder as an alternative sweetener for the
diabetic people. Due to the unique properties of mannitol such as
cooling sensation in the mouth, good water solubility, and low
sensitivity towards humidity, the mannitol is mostly used in the food
and pharmaceutical industries and is anticipated to increase the
mannitol market over the forecast period.
Global
Mannitol Market: Players
Some
of the key players identified across the value chain of the global
Mannitol market include Roquette Frères Company, Cargill, SPI
Pharma, Qingdao Bright Moon Seaweed Group Co., Ltd., Singsino Group
Ltd.,
Hebei Huaxu Pharmaceutical Co. Ltd, Merck Millipore Corporation, Moga International Ltd, Rongde Seaweed Co.,Ltd, and Qingdao Yuanrun Chemical Co. Ltd. The companies are anticipated to expand their business by enhancing their product portfolio in mannitol. The companies are expected to frame certain strategies in future in order to gain the competitive advantage in global mannitol market till 2026.
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