Home > Food & Beverages > Food Additives > Flavor Enhancers > Erythritol Market
Erythritol Market size exceeded USD 195 million, globally in 2019 and is estimated to grow at over 6.5% CAGR between 2020 and 2026. Increasing prevalence of obesity and rising awareness towards the use of healthy and low-calorie sugar substitutes should boost the global market demand.
Erythritol is a sugar alcohol that is manufactured through enzymatic hydrolysis of starch to generate glucose. It is available in a wide range of powder & granular formulations which makes it compatible with various end industries such as food & beverage, pharmaceuticals, and confectionery.
Its characteristics such as low-calorie index and easily digestible nature are increasing adoption among manufactures to meet growing demand for healthy consumables which is likely to boost erythritol market growth.
Report Attribute | Details |
---|---|
Base Year: | 2019 |
Erythritol Market Size in 2019: | 198.3 Million (USD) |
Forecast Period: | 2020 to 2026 |
Forecast Period 2020 to 2026 CAGR: | 6.5% |
Historical Data for: | 2015 to 2019 |
No. of Pages: | 130 |
Tables, Charts & Figures: | 175 |
Segments covered: | Form, Application |
Growth Drivers: |
|
Pitfalls & Challenges: |
|
Increasing cases of obesity and rising demand for healthy weight management products are likely to augment market trends. Industry players are rapidly investing in R&D to capitalize on emerging health trends in market by offering a diverse portfolio of erythritol products. Also, changing consumer perceptions on nutrition and shift from traditional sugar products are likely to trigger erythritol industry outlook.
Rising cases of diabetes and cardiovascular diseases along with changing consumer perceptions towards overall health and wellness is likely to propel market demand. Erythritol is widely utilized in manufacturing low glycemic index-based sweeteners that aid in appetite reduction and weight management.
Industry players are developing novel techniques to extract pure erythritol powder retaining its nutritional profile to gain unique selling point in market which is likely to augment the market share.