Maltitol - Global Market Outlook (2019 -2027)
According to Stratistics MRC, the Global Maltitol market is accounted for $192.59 million in 2019 and is expected to reach $343.48 million by 2027 growing at a CAGR of 7.5% during the forecast period. Some of the key factors propelling the market growth are slowly growing population, mounting incidence of diabetes and escalating adoption of sugar alternate around the world. However, elevated cost of product and simple accessibility of product substitute is the restraining factor for the growth of the market.
Maltitol is considered beneath the group of sugar alcohol and is used as a alternate for sugar. Maltitol is also scheduled under the names such as sorbitol and xylitol. 4-O-a-glucopyranosyl-D-sorbitol is the chemical name for maltitol. Maltitol has related properties as that of sucrose and it can present 70 to 90% sweetness as that of sucrose. Maltitol is used to attain sweetness as close table sugar but with smaller amount calories. Thus, maltitol is used as substitute for table sugar. Also, maltitol also decrease the chance of tooth decay.
By end user, food and beverage segment is expected to have a huge demand during the forecast period due to its main functional advantages such as it has elevated micro stability, lofty chemical stability, sugar-free, and non-crystalline property. On the basis of geography, Asia Pacific is anticipated to hold considerable market share during the forecast period due to the mounting demand for low sugar content processed food, bakery, and dairy goods among health conscious consumers.
Some of the key players in Maltitol Market include Archer Daniels Midland Company , Cargill, Dancheng Caixin Sugar, E.I. du Pont de Nemours and Company, Foodchem International, Futaste Co., Ltd, Hylen, Incorporated , Ingredion Incorporated, Mitsubishi Corporation Life Sciences Limited, Roquette Freres, ShanDong Maltitol,Shandong Lvjian Bio (CN), Shaoxing Marina Biotechnology, Sigma Aldrich Pte. Ltd, Tate & Lyle PLC , TCI America, Tereos Syral S.A.S and Zhejiang Huakang Pharmaceutical Co., Ltd.
• Non-Enzymatic Browning
Distribution Channels Covered:
• Convenience Stores
• Departmental Stores
• Online Store-Based
• Store- Based
• Supermarkets & Hypermarkets
• Fermented Products
• Baked Food Products
• Cream filling
• Fruit filling
• Hard Candies
• Maltitol Syrup
• Nutritional Bars
• Processed Food
End Users Covered:
• Food & Beverage
• Animal Nutrition
• Cosmetics and Oral-care Products
• Personal Care
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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