Increasing Demand for Low-calorie Sweeteners to Drive Sales of Erythritol Based Products, says TMR

Erythritol provides high digestive tolerance and its consumption does not cause any tooth decay. Thus, due to growing awareness regarding its benefits, the global erythritol market is expected to expand at a brisk pace. A new research report Transparency Market Research (TMR) titled “Erythritol Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024,” serves as a repository of analysis and information regarding every aspect of the global erythritol market.

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The report offers qualitative insights into the market dynamics such as drivers, restraints, and opportunities. The growing incidence of diabetes is fuelling the global demand for the erythritol. It acts as a sweetener with very low or no calories, making their consumption safe for people suffering from diabetes. Moreover, the rising health consciousness amongst consumers and changing consumer lifestyles in emerging economies are expected to propel the growth of the market. On the other hand side, the demand for erythritol faces a stiff challenge from substitutes such as stevia.

In terms of application, the global erythritol market is segmented into the pharmaceutical industry, personal care industry, food and beverage industry, and others (including agriculture/animal feed). The food and beverages industry is further classified into the food industry and beverage industry. The erythritol is used in the food industries as protective agents and sweetener in confectionaries and to manufacture low-calorie diet food. In the pharmaceutical industries, it is used as a flavoring agent to enhance the taste of medicine. In the personal care industries, they are also used as preservatives and in oral care and other products.

Geographically, the market is segmented into North America, Asia Pacific excluding Japan, Eastern Europe, Western Europe, Japan, Latin America, and the Middle East and Africa. North America, Western Europe, and Japan collectively hold a dominant share of the overall market revenue owing to increasing demand for sweeteners. Emerging economies in the APEJ and LATAM regions are expected to witness promising growth Countries such as India and China are likely to emerge as lucrative markets due to the presence of a large pool of diabetic patients.

The manufacturers operating in the global erythritol market must abide by the regulations regarding the permissible limit of using the erythritol in products. The report provides a detailed description of key players’ profile along with their cost and revenue structure, capacity, product specifications, latest developments, and contact information. Some of the key players in the market are Foodchem International Corporation, Cargill Inc. Inc, and Shandong Sanyuan Biotechnology Co. Ltd.

Erythritol Market will Reflect Significant Growth Prospects during 2016-24

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.