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The global mannitol market attained nearly USD 382 million in 2020. Between 2021-2026, the market is projected to grow at a steady pace, growing at a CAGR of 4.5%. It is expected to reach USD 497 million in 2026.
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The Asia Pacific is the leading market in the industry. The region accounts for over half the global mannitol market. China is a major producer of mannitol in the Asia Pacific. The country is also a major exporter of the polyol. In 2018, it accounted for over 40% of the total mannitol exports, globally. Japan and India are the other major exporters in the Asia Pacific. In 2018, India was also the leading importer of the substance, globally. The country is seeking to decrease its imports by increasing the domestic production of the polyol. Japan is also a significant global importer of the substance. The Asia Pacific is followed by the EU and North America as the other significant regions in the industry. They represent 20-30% of the global mannitol market. The United States of America and Italy are the major exporters of the polyol. The US is also the leading importer of the substance. Germany is a significant global importer of mannitol.
While mannitol faces competition from other polyols like sorbitol and xylitol, its demand, globally, has witnessed a stable growth. Its export demand is being driven by its application in the pharmaceutical industry. It also finds extensive application as a food additive. Pharmaceuticals and food additives, together, account for over 65% of the mannitol applications. Since, compared to sucrose, it contributes to a much lower hike in blood glucose, it is finding growing use in food products meant for diabetic patients. The growing cases of diabetes and obesity are leading to people seeking out healthier food options, further aiding the global mannitol market.
Mannitol is a naturally occurring sugar alcohol or polyol, which is 50% as sweet as sugar. It is found in granular and powder forms. It finds its major end uses in the pharmaceutical and food sectors. Its cooling effect is used to mask bitter tastes. It is available in either powder or granular forms. It finds its common applications in the following sectors:
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The report also provides an overview of the other regional markets like North America, Lattin America, Europe, the Middle East and Africa, and the Asia Pacific.
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The global mannitol market is being driven by its rising demand as a food additive. The increase in the cases of diabetes is also aiding the industry for the polyol as it does not excessively increase the blood glucose level, and thus, finds extensive application as a sweetener for people with diabetes. The rising health consciousness among the consumers is also propelling the global mannitol market forward as it is a low calorie and non-cariogenic additive. The industry is being driven by its expanding end-use applications in the confectionery section. It is increasingly used in mint-based candies and gums because of its cooling effect. Due to its low hygroscopicity, leading to low absorption of water from air, it is extensively used as a coating in dried fruits, hard candies, and chewing gums. Additionally, due to its pleasant taste and mouthfeel, it is also finding rising application in chewable tablets.
The pharmaceutical sector is one of the fastest-growing application sectors for mannitol. The industry is driving the growth in the global demand for the polyol. It is used as an excipient in the formation of tablets. It is also finding uses as a diuretic and is finding rising applications in the treatment of renal failure, along with heart and lung diseases. The rapid urbanisation, along with a rise in the middle-class population is aiding the industry as the consumption patterns are changing with processed foods witnessing an increase in their consumption levels. The global mannitol market is also finding impetus for its growth in the technological advancements taking place in the industry, which are seeking to reduce the manufacturing cost. In the coming years, rising innovations in the sector will further propel the industry forward. It is expected to witness a steady demand as its applications are seeing an expansion.
2020- Roquette, a leading plant-based pharmaceuticals ingredients producer, has recently launched a new wheat-free mannitol grade, PEARLITOL SW-F, in response to the rising consumer demand for gluten-free products.
The report gives a detailed analysis of the global mannitol market, covering their competitive landscape, capacity, and latest developments like plant turnarounds, capacity expansions, and mergers, acquisitions, and investments:
The EMR report assesses the global mannitol market based on Porter’s Five Forces model. A SWOT analysis has also been provided. The comprehensive report gives an in-depth insight into the manufacturing process and the costs involved.
|Scope of the Report||Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Form, Application, Region|
|Breakup by Form||Powder, Granular|
|Breakup by Application||Food Industry, Industrial, Surfactants, Pharmaceuticals, Personal Care, Others|
|Breakup by Region||North America, Europe, Asia Pacific, Latin America, Middle East and Africa|
|Market Dynamics||SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand|
|Trade Data Analysis||Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume|
|Price Analysis||Historical and Forecast Price Trends- Regional|
|Competitive Landscape||Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications|
|Companies Covered||Cargill, Incorporated, Roquette Frères, SPI Pharma, Pfanstiehl, Inc., Others|
|Report Price and Purchase Option||Explore our purchase options that are best suited to your resources and industry needs.|
|Delivery Format||Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.|
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
2 Research Methodology
3 Executive Summary
3.1 Market Overview
3.2 Key Demand Drivers
3.3 Key Players
3.4 Supply Market Changes
4 Global Mannitol Market Overview
4.1 Global Mannitol Market Analysis
4.1.1 Figure: Global Mannitol Historical Market (2016-2020) & Forecast (2021-2026)
4.1.2 Chart: Global Mannitol Market Breakup by Form
4.1.3 Chart: Global Mannitol Market Breakup by Form: Historical Market (2016-2020) & Forecast (2021-2026)
4.1.4 Chart: Global Mannitol Market Breakup by Application
184.108.40.206 Food Industry
220.127.116.11 Personal Care
4.1.5 Figure: Global Mannitol Market Breakup by Application: Historical Market (2016-2020) & Forecast (2021-2026)
18.104.22.168 Food Industry
22.214.171.124 Personal Care
4.1.6 Chart: Global Mannitol Market Breakup by Region
126.96.36.199 North America
188.8.131.52.1 United States of America
184.108.40.206.2 United Kingdom
220.127.116.11 Asia Pacific
18.104.22.168 Latin America
22.214.171.124 Middle East & Africa
126.96.36.199.1 Saudi Arabia
188.8.131.52.2 United Arab Emirates
184.108.40.206.4 South Africa
4.1.7 Figure: Global Mannitol Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
220.127.116.11 North America
18.104.22.168.1 United States of America
22.214.171.124.2 United Kingdom
126.96.36.199 Asia Pacific
188.8.131.52 Latin America
184.108.40.206 Middle East & Africa
220.127.116.11.1 Saudi Arabia
18.104.22.168.2 United Arab Emirates
22.214.171.124.4 South Africa
4.2 SWOT Analysis
4.3 Value Chain Analysis
4.4 Porter’s Five Forces Analysis
4.4.2 Buyer’s Power
4.4.3 Supplier’s Power
4.4.4 New Entrants
4.4.5 Degree of Rivalry
4.5 Global (HS Code-290543) Trade Analysis (2020)
4.5.1 Major Exporting Countries by Value & Volume
4.5.2 Major Importing Countries by Value & Volume
4.6 Global Mannitol Price Analysis
4.6.1 North America Mannitol Historical Price Trends (2016-2020) & Forecast (2021-2026)
4.6.2 Europe Mannitol Historical Price Trends (2016-2020) & Forecast (2021-2026)
4.6.3 Asia Pacific Mannitol Historical Price Trends (2016-2020) & Forecast (2021-2026)
4.6.4 Latin America Mannitol Historical Price Trends (2016-2020) & Forecast (2021-2026)
4.6.5 Middle East & Africa Mannitol Historical Price Trends (2016-2020) & Forecast (2021-2026)
5 Manufacturing Process
5.1 Detailed Process Flow
5.2 Operations Involved
5.3 Mass Balance
6 Cost Analysis
6.1 Land, Location and Site Development
6.3 Plant Machinery
6.4 Cost of Raw Material
6.9 Other Capital Investment
7 Key Player Profile Analysis
7.1 Cargill, Incorporated
7.2 Roquette Frères
7.3 SPI Pharma
7.4 Pfanstiehl, Inc.
8 Consumer Analysis
9 Industry Events and Developments
The global mannitol market reached a value of USD 382 million in 2020.
The market is projected to grow at a CAGR of nearly 4.5% in the forecast period of 2021-2026.
The market is estimated to reach a value of about USD 497 million by 2026.
The major drivers of the industry include rising disposable incomes, increasing population, rising demand as a food additive, rapid urbanisation, the rising cases of diabetes, and growing health consciousness.
The growing technological advancements are expected to be a key trend guiding the growth of the market.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market, with the Asia Pacific accounting for the largest market share.
The leading forms of mannitol in the industry can be divided between granular and powder.
The major application sectors in the market are food industry, industrial, surfactants, pharmaceuticals, and personal care, among others.
The leading players in the global mannitol market are Cargill, Incorporated, Roquette Frères, SPI Pharma, and Pfanstiehl, Inc., among others.
The global mannitol market attained a value of USD 382 million in 2020, driven by the growth downstream demand. Aided by the rising health consciousness, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 4.5%. The industry is projected to reach USD 497 million by 2026.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on forms, the market can be segmented into granular and powder. On the basis of application, the market is divided into food industry, industrial, surfactants, pharmaceuticals, and personal care, among others. The major regional markets for mannitol are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with Asia Pacific accounting for the leading share of the market. The key players in the above industry include Cargill, Incorporated, Roquette Frères, SPI Pharma, and Pfanstiehl, Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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