Erythritol Market value to cross $310 million by 2026, Says Global Market Insights, Inc.

Global erythritol industry demand is set to achieve over 6% CAGR between 2020 and 2026, impelled by rising demand for low calorie sweeteners.

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Selbyville, Delaware, March 23, 2020 (GLOBE NEWSWIRE) --

Global Erythritol Market revenue is set to reach over USD 310 million by 2026, according to a new research report by Global Market Insights, Inc. Changing consumer perceptions towards low calorie consumption and rapid tilt towards weight management products is likely to stimulate the market demand.

Increasing prevalence of cardiovascular diseases, obesity & diabetes along with shifting perceptions towards overall wellness and fitness trends is likely to augment the market demand. Erythritol is widely utilized in manufacturing low glycemic index and low calorie-based sweeteners that aid in boosting metabolic rate without triggering vitals such as insulin and cholesterol. The market is also gaining strength as it is 60-70% as sweet as table sugar and almost non-caloric. Glycemic index of erythritol is zero and it does not cause tooth decay. It is absorbed in the small intestine and then for the most part excreted unchanged in the urine. Therefore, does not cause gastric side effects unlike other sugar alcohols which is likely to foster erythritol market demand.

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Rising demand for natural and high-quality ingredients in cosmetic preparations owing to rising awareness towards dermatological aspects of healthcare is likely to stimulate market demand. Erythritol is widely utilized is manufacturing various cosmetic products owing to its moisture retention and regenerative properties. Additionally, rapid adoption of manufacturing anti-aging serums and night creams owing to effective performance against wrinkles and poor cleaning properties is likely to fuel the industry growth.

Some major findings of erythritol market analysis report include:

  • The demand for erythritol is increasing globally owing to shift from traditional sugar and rising demand for low calorie F&B products such as chewing gum, yogurt or custard
  • Changing dietary patterns, is driving the demand for erythritol granules for its use in tabletop sweeteners as it resembles the taste, appearance and crystallinity of sucrose, without adding the calories
  • Industry players are rapidly investing in R&D to develop novel ways to extract pure erythritol powder and developing indigenous technology to gain brand recognition in market
  • On account of its humectant function, pleasant taste, sweetness and non-cariogenic properties, erythritol is recognized as the ideal base for toothpaste and mouthwash recipes
  • Increasing cases of diabetes, obesity, and cardiovascular diseases is likely to augment the market demand
  • Some of the major players operating in erythritol market include Tate & Lyle, Nikken Chemical, Baolingbao Biology, JUNGBUNZLAURER SUISSE AG, and Cargill
  • Stringent labelling regulations in North America & Europe to protect consumer interest is increasing competition in market as manufactures are introducing new products to gain maximum market share
  • Industry players are trying to gain recognition in market sphere by advertising on social media and distributing free samples which is likely to accelerate market share

Browse key industry insights spread across 130 pages with 152 market data tables and 23  figures & charts from the report, “Erythritol Market Forecasts By Application (Beverage, Bakery, Confectionery & Dairy Products, Personal Care, Pharmaceutical), By Form (Powder, Granular), Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/erythritol-market

Rapid penetration of sports and energy drinks in Asia Pacific market and increasing demand for low calorie beverage solutions is likely to boost market demand. Erythritol is widely used in manufacturing high performance & low-calorie beverages owing to its quick solubility, low residual nature, and sugar like taste without high calorie intake which is likely to boost erythritol market outlook.

Several industry players are engaged in developing novel techniques to extract erythritol and also developing industry specific targeted solutions. Furthermore, rising number on new industry players is increasing competition in market as manufactures want to capitalize on emerging healthcare trends. Industry players are sourcing local raw materials and developing indigenous technology to reduce prices and gain competitive price advantage which is likely to boost market share.      

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/4591

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https://www.gminsights.com/industry-analysis/rare-sugar-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

GMIPulse, our business analytics platform offers an online, interactive option of exploring our proprietary industry research data in an easy-to-use and dynamic manner. Clients get to explore market intelligence across 11 top level categories and hundreds of industry segments within them, covering regional, company level and cross-sectional statistics that make our offering a stand-out for decision makers.


        

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