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Global Polyglycitol Market: By Form: Lumps, Powder, Syrup; By Application: Bulking Agents, Stabilisers, Humectants, Sweeteners, Texturisers; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments
Global Polyglycitol Market Outlook
The global polyglycitol market is being aided by the growth of the sugar substitute market, which attained a value of USD 16.5 billion in 2020. The sugar substitute market is further expected to grow in the forecast period of 2023-2028 at a CAGR of 4.5%.
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North America Holds One of the Largest Market Shares for Polyglycitol
The North American region is emerging as one of the dominating regional markets for polyglycitol. The growth of the regional market can be attributed to the high population base of people suffering from obesity in the United States. The growing awareness about health and fitness in the young generation and increasing fitness training services are contributing to the market growth in North America.
The Asia Pacific is also expected to be one of the largest markets for polyglycitol owing to the large population and increasing economic development, especially in the emerging nations, such as China and India. The growing usage of social media in the region has aroused health consciousness among the population, which is further boosting the market growth.
Polyglycitol: Market Segmentation
Polyglycitol is commonly used as a sugar-free sweetener, bulking agent, or a stabiliser. It is produced from maltose syrups, having a composition of 50% maltitol and around 20% sorbitol on dry basis. The calories contained in polyglycitol are estimated to be about three kilocalories in a gram. According to the World Health Organization, polyglycitol is safe for usage as additives.
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On the basis of product type, the market is segmented into the following segments:
- Lumps
- Powder
- Syrup
Based on applications, the market is divided into:
- Bulking Agents
- Stabilisers
- Humectants
- Sweeteners
- Texturisers
The regional markets for polyglycitol can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Growing Demand for Sugar-Free Products is Boosting the Global Market for Polyglycitol
The increasing demand for the sugar-free products worldwide is providing impetus to the growth of the polyglycitol industry. The growing awareness for a healthy lifestyle and a fit body has led to the surge in demand for sugar substitutes like polyglycitol. The widespread awareness via social media has furthered the growth of health consciousness among the younger consumers. This has also catalysed the growth of the polyglycitol industry. The imposition of sugar taxes in some regions and the rising government policies discouraging the high consumption of sugar are expected to propel the growth of the market in the coming years. The market is also expected to be propelled forward by the rising popularity of keto diets as polyglycitol is widely recognised as a keto-sweetener. In the coming years, the growing sugar avoidance among consumers is expected to continue to propel the market growth.
Key Industry Players in the Global Polyglycitol Market
The report gives a detailed analysis of the following key players in the global polyglycitol market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Ingredion Incorporated.
- Samyang Corporation
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| 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 | Lumps, Powder, Syrup |
| Breakup by Application | Bulking Agents, Stabilisers, Humectants, Sweeteners, Texturisers |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Ingredion Incorporated., Samyang Corporation, 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. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Polyglycitol Market Analysis
8.1 Key Industry Highlights
8.2 Global Polyglycitol Historical Market (2018-2022)
8.3 Global Polyglycitol Market Forecast (2023-2028)
8.4 Global Polyglycitol Market by Form
8.4.1 Lumps
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Powder
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Syrup
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.5 Global Polyglycitol Market by Application
8.5.1 Bulking Agents
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Stabilisers
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Humectants
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Sweeteners
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Texturisers
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.6 Global Polyglycitol Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
9 North America Polyglycitol Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Polyglycitol Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Polyglycitol Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Polyglycitol Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Polyglycitol Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Ingredion Incorporated
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Samyang Corporation
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Others
17 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Polyglycitol Market: Key Industry Highlights, 2016 And 2026
2. Global Polyglycitol Historical Market: Breakup by Form (USD Million), 2018-2022
3. Global Polyglycitol Market Forecast: Breakup by Form (USD Million), 2023-2028
4. Global Polyglycitol Historical Market: Breakup by Application (USD Million), 2018-2022
5. Global Polyglycitol Market Forecast: Breakup by Application (USD Million), 2023-2028
6. Global Polyglycitol Historical Market: Breakup by End Use (USD Million), 2018-2022
7. Global Polyglycitol Market Forecast: Breakup by End Use (USD Million), 2023-2028
8. Global Polyglycitol Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Polyglycitol Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Polyglycitol Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Polyglycitol Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Polyglycitol Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Polyglycitol Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Polyglycitol Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Polyglycitol Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Polyglycitol Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Polyglycitol Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa Polyglycitol Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Polyglycitol Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Global Polyglycitol Market Structure
Key Questions Answered in the Report
In 2020, the global polyglycitol market attained a value of nearly USD 16.5 billion.
The market is projected to grow at a CAGR of 4.5% between 2023 and 2028.
The major drivers of the market include the widespread awareness via social media, imposition of sugar taxes in some regions, rising government policies discouraging the high consumption of sugar, rising popularity of keto diets, growing sugar avoidance among consumers, high population base of people suffering from obesity, and increasing economic development.
The growth of the sugar substitute market and growing awareness for a healthy lifestyle are the key industry trends propelling the market growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
On the basis of form, the market is segmented into lumps, powder and syrup.
Based on applications, the market is divided into bulking agents, stabilisers, humectants, sweeteners, and texturisers.
The major players in the industry are Ingredion Incorporated and Samyang Corporation, among others.
Analyst Review
The global polyglycitol market attained a value of nearly USD 16.5 billion in 2020, driven by the growth of the sugar substitute market. Aided by rising government policies discouraging the high consumption of sugar and growing awareness for a healthy lifestyle, the market is expected to witness further growth in the forecast period of 2023-2028, growing at a CAGR of 4.5%.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of form, the market is segmented into lumps, powder and syrup. Based on applications, the market is divided into bulking agents, stabilisers, humectants, sweeteners, and texturisers. The major regional markets for polyglycitol are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The major players in the industry are Ingredion Incorporated and Samyang Corporation, 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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