The Global Polyol Sweeteners Market was $3.9 Bn in 2020, and it is expected to reach $9.8 Bn by 2030. It is eventually growing at a commendable high compound annual growth rate CAGR of 9.7% between 2020-2030, as per the latest market research report titled Polyol Sweeteners Market – Global industry analysis, size, share, growth, trends, and forecast, 2020-2030.
The Polyols are a group of low digestible carbohydrates. However, they have a similar structure as sugar, and they have unique functional benefits. In addition to this, polyols do not promote tooth decay. Besides the sweet taste and several functional properties, it also offers a range of health benefits. The increasing demand for healthier food and sugar-free diet are fuelling market growth. Apart from that, these can be used as a substitute for sugar. However, polyols are increasingly used in chewing gums, ice creams, candies, and baked goods. The rising application of polyols is expected to drive market growth during the forecast period.
However, in this current pandemic of COVID-19, the motors market affected much. It changes the growth rate graph slightly in the Polyol Sweeteners market. But it has been expected that after the pandemic situation, the global Polyol Sweeteners market will reach a high position in the graph. Apart from that, the rising of the sugar substitute sector across the world is anticipated to offer a massive opportunity for market growth in the next forecast period of 2020 to 2030.
Geographically, The Polyol Sweeteners Market is divided into global regions like North America, Europe, Asia- Pacific, Latin America, Middle East, and Africa.
Major Players in the Global Polyol Sweeteners Market
The report covers a detailed outlook about the company, and it includes the company or industry profiles and market share of key players operating in the global market. Key players in the report include Tereos, HYET Sweet, Jungbunzlauer Suisse AG, DFI Corp., Sukhjit Starch & Chemicals Ltd., Zhejiang Huakang Pharmaceutical Co., Ltd., Shandong Futaste Co., Dancheng Caixin Sugar Industry Co. Ltd., Shijiazhuang Huaxu Pharmaceutical Co., Ltd., DuPont, zuChem, Zibo Shunda Biotech Co., Ltd., Hylen Co., Ltd., Beneo, and Foodchem International Corp. among others.
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The Global Polyol Sweeteners Market Has Been Segmented into:
By Product Type
- Flavoring & Sweetening Agents
- Bulking Agents
- Food & Beverages
- Personal Care & Cosmetics
- North America
- Asia Pacific
- Latin America
- Middle East & Africa