Market Overview:
The global erythritol market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The erythritol powder segment is expected to be the fastest-growing segment in the global erythritol market, owing to its growing demand for use in food and beverage applications. The confectionery application segment is projected to be the largest application segment for erythritol during the forecast period, followed by beverage and personal care applications. North America accounted for the largest share of the global erythritol market in 2017, followed by Europe and Asia Pacific.
Product Definition:
Erythritol is a sugar alcohol that is found in small amounts in fruits and fermented foods. It occurs naturally in some plants, including mushrooms and corn. Erythritol is about 70% as sweet as table sugar, but it does not cause tooth decay and has a very low glycemic index. It is used as a sweetener in many foods and beverages.
Erythritol Powder:
Erythritol powder is a form of sugar alcohol, which is produced by the catalytic hydrolysis of starch. It has approximately half the calories of regular sugar and twice the sweetness. The product finds application in various food & beverage products such as bakery items, confectionery, dairy desserts and beverages (non-alcoholic), ice creams & sorbets among others due to its sweetening property.
Erythritol Granular:
Erythritol Granular is a form of erythritol that has been processed to have the same properties as granular sugar. It is used in various food & beverage applications including confectionery, bakery and dairy products. Erythritol granular has less moisture content than regular erythritol and thus can be easily used in dry mixes such as bread dough, cake mixtures and other baked goods without any issues related to water activity.
Application Insights:
Beverage application accounted for the largest volume share of over 30% in 2017. This is owing to its sweet taste and low calories that make it suitable for use in various beverages including soda, coffee creamer, soft drinks and sports drinks. Rising demand for erythritol as a calorie-free sweetener in carbonated beverages is expected to drive the segment growth over the forecast period.
The confectionery segment was valued at USD 205.0 million in 2017 on account of its high stability towards heat & acid conditions which makes it suitable for use as an ingredient in various sweets including chocolates, caramels, fudge and brittles among others. In addition, growing consumption of erythritol by major players such as Mondel„“z regarding production of chocolate bars is expected to propel industry expansion over the next eight years (2018-2030).
Regional Analysis:
North America was the largest regional market in 2017 owing to high product demand from confectionery, beverage and personal care industries. The region is expected to maintain its dominance over the forecast period due to increasing consumption of erythritol in pharmaceuticals, animal feed and food additives applications. Asia Pacific is projected to be the fastest-growing regional market at a CAGR of XX% from 2018 to 2030 on account of rising product demand from countries like India, China and Japan on account of growing consumer awareness regarding sugar alternatives coupled with government initiatives for reducing obesity levels caused by excessive sugar intake.
Europe accounted for more than 25% share in 2017 owing as it being one of the major producers along with U.S.
Growth Factors:
- Increasing demand for healthy and low-calorie food products is expected to drive the growth of the erythritol market over the forecast period.
- Rising awareness about the benefits of using erythritol as a sugar substitute is another key factor that is anticipated to fuel market growth in the near future.
- Growing demand for bakery and confectionary products, especially in developing countries, is projected to create lucrative opportunities for players operating in the erythritol market over the forecast period.
- The increasing popularity of functional foods and beverages that contain erythritol is also anticipated to boost market growth during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Erythritol Market Research Report
By Type
Erythritol Powder, Erythritol Granular,
By Application
Confectionery, Beverage, Personal Care, Health Care, Others,
By Companies
Cargill, Shandong Sanyuan Biotechnology, Zibo ZhongShi GeRui Biotech, Zhucheng Dongxiao Biotechnology, Mitsubishi-Chemical Foods, Jungbunzlauer, Baolingbao Biology, Fultaste, Zhucheng Xingmao Corn Developing
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Erythritol Market Report Segments:
The global Erythritol market is segmented on the basis of:
Types
Erythritol Powder, Erythritol Granular,
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Confectionery, Beverage, Personal Care, Health Care, Others,
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cargill
- Shandong Sanyuan Biotechnology
- Zibo ZhongShi GeRui Biotech
- Zhucheng Dongxiao Biotechnology
- Mitsubishi-Chemical Foods
- Jungbunzlauer
- Baolingbao Biology
- Fultaste
- Zhucheng Xingmao Corn Developing
Highlights of The Erythritol Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Erythritol Powder
- Erythritol Granular
- By Application:
- Confectionery
- Beverage
- Personal Care
- Health Care
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Erythritol Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Erythritol is a sugar alcohol that is found in many foods and supplements. It has a sweet taste and low calorie content.
Some of the key players operating in the erythritol market are Cargill, Shandong Sanyuan Biotechnology, Zibo ZhongShi GeRui Biotech, Zhucheng Dongxiao Biotechnology, Mitsubishi-Chemical Foods, Jungbunzlauer, Baolingbao Biology, Fultaste, Zhucheng Xingmao Corn Developing.
The erythritol market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Erythritol Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Erythritol Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Erythritol Market - Supply Chain
4.5. Global Erythritol Market Forecast
4.5.1. Erythritol Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Erythritol Market Size (000 Units) and Y-o-Y Growth
4.5.3. Erythritol Market Absolute $ Opportunity
5. Global Erythritol Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Erythritol Market Size and Volume Forecast by Type
5.3.1. Erythritol Powder
5.3.2. Erythritol Granular
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Erythritol Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Erythritol Market Size and Volume Forecast by Application
6.3.1. Confectionery
6.3.2. Beverage
6.3.3. Personal Care
6.3.4. Health Care
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Erythritol Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Erythritol Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Erythritol Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Erythritol Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Erythritol Demand Share Forecast, 2019-2026
9. North America Erythritol Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Erythritol Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Erythritol Market Size and Volume Forecast by Application
9.4.1. Confectionery
9.4.2. Beverage
9.4.3. Personal Care
9.4.4. Health Care
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Erythritol Market Size and Volume Forecast by Type
9.7.1. Erythritol Powder
9.7.2. Erythritol Granular
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Erythritol Demand Share Forecast, 2019-2026
10. Latin America Erythritol Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Erythritol Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Erythritol Market Size and Volume Forecast by Application
10.4.1. Confectionery
10.4.2. Beverage
10.4.3. Personal Care
10.4.4. Health Care
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Erythritol Market Size and Volume Forecast by Type
10.7.1. Erythritol Powder
10.7.2. Erythritol Granular
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Erythritol Demand Share Forecast, 2019-2026
11. Europe Erythritol Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Erythritol Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Erythritol Market Size and Volume Forecast by Application
11.4.1. Confectionery
11.4.2. Beverage
11.4.3. Personal Care
11.4.4. Health Care
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Erythritol Market Size and Volume Forecast by Type
11.7.1. Erythritol Powder
11.7.2. Erythritol Granular
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Coutry
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Erythritol Demand Share, 2019-2026
12. Asia Pacific Erythritol Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Erythritol Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Erythritol Market Size and Volume Forecast by Application
12.4.1. Confectionery
12.4.2. Beverage
12.4.3. Personal Care
12.4.4. Health Care
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Erythritol Market Size and Volume Forecast by Type
12.7.1. Erythritol Powder
12.7.2. Erythritol Granular
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Erythritol Demand Share, 2019-2026
13. Middle East & Africa Erythritol Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Erythritol Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Erythritol Market Size and Volume Forecast by Application
13.4.1. Confectionery
13.4.2. Beverage
13.4.3. Personal Care
13.4.4. Health Care
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Erythritol Market Size and Volume Forecast by Type
13.7.1. Erythritol Powder
13.7.2. Erythritol Granular
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Erythritol Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Erythritol Market: Market Share Analysis
14.2. Erythritol Distributors and Customers
14.3. Erythritol Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cargill
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Shandong Sanyuan Biotechnology
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Zibo ZhongShi GeRui Biotech
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Zhucheng Dongxiao Biotechnology
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Mitsubishi-Chemical Foods
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Jungbunzlauer
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Baolingbao Biology
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Fultaste
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Zhucheng Xingmao Corn Developing
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
