Global Sugar Alcohols Market to Reach $1.4 Billion by 2030
The global market for Sugar Alcohols estimated at US$1.2 Billion in the year 2022, is projected to reach a revised size of US$1.4 Billion by 2030, growing at a CAGR of 2% over the analysis period 2022-2030. Sorbitol, one of the segments analyzed in the report, is projected to record a 2.4% CAGR and reach US$832.3 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Mannitol segment is readjusted to a revised 1.9% CAGR for the next 8-year period.The U.S. Market is Estimated at $333.5 Million, While China is Forecast to Grow at 3.5% CAGR
The Sugar Alcohols market in the U.S. is estimated at US$333.5 Million in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$270.9 Million by the year 2030 trailing a CAGR of 3.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.2% and 1.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.4% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$178.7 Million by the year 2030.Select Competitors (Total 23 Featured) -
- A&Z Food Additives Co., Ltd.
- Archer Daniels Midland Company
- Associated British Foods Plc
- Atlantic Chemicals Trading GmbH (ACT)
- Beckmann-Kenko GmbH
- Cargill Inc.
- Dow Inc.
- Fraken Biochem Co. Ltd.
- Ingredion Inc.
- Roquette Freres
- Sanxinyuan Food Industry Corporation Limited
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- A&Z Food Additives Co., Ltd.
- Archer Daniels Midland Company
- Associated British Foods Plc
- Atlantic Chemicals Trading GmbH (ACT)
- Beckmann-Kenko GmbH
- Cargill Inc.
- Dow Inc.
- Fraken Biochem Co. Ltd.
- Ingredion Inc.
- Roquette Freres
- Sanxinyuan Food Industry Corporation Limited
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 184 |
Published | May 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 1.2 Billion |
Forecasted Market Value ( USD | $ 1.4 Billion |
Compound Annual Growth Rate | 1.9% |
Regions Covered | Global |