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Mannitol Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

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  • 90 Pages
  • January 2022
  • Region: Global
  • Mordor Intelligence
  • ID: 4896273

The global mannitol market is anticipated to reach a CAGR of 3.51% during the forecast period.

Key Highlights

  • Mannitol is a low-calorie sweetener, sugar alcohol, made from fructose and hydrogen. Mannitol is naturally present in mushrooms, marine algae, strawberries, celery, onions, and pumpkins.
  • Natural profile and clean label tag flaunted by mannitol, over similar artificial sweeteners, is the driving factor for the market in the near future.
  • Mannitol drags water from the blood into the urine, acting as an osmotic diuretic, and gradually lowers down the blood pressure.
  • On the darker side, excessive consumption of mannitol may cause abdominal pain and even diarrhea because it attracts water from the intestinal wall due to the osmotic effect.

Key Market Trends

Mannitol Market is Gaining Popularity in the Bakery and confectionery Industry

Artificial sweeteners have replaced sugar to an extent in the bakery industry, especially as emulsifier in chocolate-flavored coatings for ice cream and confections. Apart from that, mannitol is widely used as a sweetener in chewing gum. Butter, frozen fish, pre-cooked pasta and infant formula also have mannitol as one of their components due to its dynamic properties. The reduced cost of production and the better economy scale are also pumping mannitol market growth.

Mannitol market in the Asia-Pacific is Growing Exponentially

Amidst an upgrading society, consumers have grown much health-conscious in the last decade and the food habits are changing likewise. The improved economic conditions and the changing lifestyles have resulted in the increased demand for convenience foods. The evolving dietary patterns such as low calorie and zero-calorie foods are increasing in the processed and packed food segment, resulting in the increased demand for artificial sweeteners. To fulfill the demands of the concerned consumers, companies like Shijiazhuang Huaxu Pharmaceutical Co., Ltd., Singsino Group Ltd.and Shandong Lianmeng International Trade Co., Ltd from the Asia Pacific are evolving and contributing to the global mannitol market. To add more, Qingdao Bright Moon Seaweed Group Co., Ltd., a Chinese company produces mannitol from seaweeds.

Competitive Landscape

Mannitol market is a fragmented market with the presence of various large and small regional players. Leading manufacturers in the artificial sweetener market are using advanced technologies to provide safe, affordable, and efficient artificial sweeteners. Moreover, due to the extensive use of mannitol in the pharmaceutical and chemical applications, the manufacturers have enlarged the production scales due to the high demand. Some major players like Roquette Frères Company, Cargill, Incorporated., Shijiazhuang Huaxu Pharmaceutical Co.,Ltd., Ingredion Incorporated and SPI Pharma are leading the market.

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

This product will be delivered within 2 business days.

Table of Contents

1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
3.1 Market Overview
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5.1 By Form
5.1.1 Powder
5.1.2 Granules
5.2 By Application
5.2.1 Food
5.2.2 Pharmaceuticals
5.2.3 Industrial
5.2.4 Others
5.3 Geography
5.3.1 North America United States Canada Mexico Rest of North America
5.3.2 Europe Spain United Kingdom Germany France Italy Russia Rest of Europe
5.3.3 Asia Pacific China Japan India Australia Rest of Asia-Pacific
5.3.4 South America Brazil Argentina Rest of South America
5.3.5 Middle East and Africa South Africa Saudi Arabia Rest of Middle East and Africa
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Roquette Freres Company
6.3.2 Cargill, Incorporated.
6.3.3 Ingredion Incorporated
6.3.4 SPI Pharma
6.3.5 Singsino Group Ltd.,
6.3.6 Shijiazhuang Huaxu Pharmaceutical Co.,Ltd.
6.3.7 Merck Millipore Corporation
6.3.8 Rongde Seaweed Co.,Ltd
6.3.9 Bright Moon Seaweed

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Roquette Freres Company
  • Cargill, Incorporated.
  • Ingredion Incorporated
  • SPI Pharma
  • Singsino Group Ltd.,
  • Shijiazhuang Huaxu Pharmaceutical Co.,Ltd.
  • Merck Millipore Corporation
  • Rongde Seaweed Co.,Ltd
  • Bright Moon Seaweed