The global sugar alcohol products market was valued at USD 2.98 billion in 2021 and is projected to expand at a CAGR of 5.4% from 2022 to 2030. Growing health consciousness and rising demand for sugar-free products among consumers are expected to drive the market over the forecast period. Sugar alcohols are sweeteners used in various food and beverage products as an alternative to sugar and other artificial sweeteners due to their low-calorie content. Sugar alcohols are also used in a variety of dental care products, such as toothpaste, gums, and mouthwashes, to reduce the risk of tooth decay and cavities.

Due to their low-calorie content and sugar-like taste, sugar alcohols are increasingly used in the production of various food and beverage products such as jams, jellies, and bakery products. Furthermore, the extensive usage of sugar alcohols in the production of low-calorie candies and chocolates is expected to drive the market growth. For instance, in April 2021, Hershey’s announced the launch of Hershey’s Simple Pleasures, a line of chocolate-covered candies made with maltitol, a sugar alcohol, and natural flavors.

The increasing demand for sugar alcohols in the production of dietary supplements, such as pills and powders, is further anticipated to boost the market. Nutraceuticals, functional foods, and dietary supplements are highly popular among fitness enthusiasts and health-conscious consumers as they provide essential nutrients, vitamins, minerals, and dietary fiber. For instance, in April 2021, Ingredion Incorporated announced the launch of a new range of sugar alcohols, called PROMITOR Soluble Corn Fiber, which is used to improve the texture and taste of dietary supplements.

The rising demand for sugar alcohols in the production of chewing gums and mints is expected to benefit the market growth. Chewing gum and mints are highly popular among consumers due to their refreshing taste, sugar-free content, and breath-freshening properties. For instance, in April 2021, Wrigley announced the launch of Orbit gum, which is made with xylitol, a sugar alcohol. Increasing advertising and promotional activities by key market players are expected to increase the demand for sugar alcohols in chewing gums and mints.

Moreover, the availability of a variety of sugar-free products and the growing trend of clean-label ingredients is expected to support the market growth. The increasing demand for organic and natural ingredients has led to the launch of several sugar alcohol-based products. For instance, in February 2021, Nature’s Way launched a new range of sugar-free products, such as gummy bears, gummy worms, and vitamins, which are made with erythritol, a sugar alcohol.

The sugar alcohols segment held the largest share of the global sugar alcohol products market in 2020. Sugar alcohols are a type of carbohydrate that occurs naturally in plants, fruits, and berries. They are used to sweeten foods, beverages, and supplements. Sugar alcohols have fewer calories and a lower glycemic index than sugar, and they are readily utilized by the body. They are also used to reduce the risk of dental decay, as they are not converted to acids by the bacteria in the mouth.

The maltitol segment is expected to expand at the fastest CAGR of 7.3% over the forecast period. Maltitol is a sugar alcohol that is produced by hydrogenating maltose, which is derived from starch. Maltitol is often used in sugar-free and reduced-sugar products, such as sugar-free chewing gum, ice cream, and chocolate. Additionally, maltitol is used in processed foods, pharmaceuticals, and personal care products. Its low glycemic index and similar taste to sugar make it an attractive alternative to sucrose.

The supermarkets and hypermarkets segment accounted for the largest share of over 34.2% in 2022. The growth of this segment is mainly driven by the availability of a wide range of sugar alcohol products in stores. Supermarkets and hypermarkets provide a variety of sugar alcohol products from different brands, which makes them the most preferred choice among consumers. Supermarkets and hypermarkets also offer discounts and promotional offers on the purchase of sugar alcohol products, which further increases their popularity.

The online segment is expected to witness the highest CAGR of over 14.3% during the forecast period. The growth of this segment is mainly attributed to the increasing use of the internet and growing number of e-commerce platforms. Moreover, the convenience of doorstep delivery and promotional offers on the purchase of sugar alcohol products has further encouraged consumers to purchase these products online. In addition, online stores provide detailed information about sugar alcohol products, which helps buyers in making informed decisions.

The polyols segment accounted for the largest revenue share of 44.2% in the year 2022. The increasing demand for polyols is attributed to its usage in the food and beverage industry due to its reduced calorific content, low glycemic index, and low carbohydrate content. Polyols are used as sweeteners, bulking agents, and texturizers in food and beverage products. For instance, in June 2021, Cargill launched a new product called Clear-Cut Sugar, a natural zero-calorie sweetener made from erythritol, which is a polyol. Moreover, the growing demand for low-calorie sweeteners and sugar-free products among consumers is expected to propel the growth of the segment.

The sugar alcohols segment is expected to expand at the highest CAGR of 10.3% over the forecast period. Sugar alcohols are gaining traction in the market due to their low-calorie content and low glycemic index. Moreover, the increasing demand for sugar-free products among consumers with health-conscious lifestyle is also a major factor driving the growth of the segment. For instance, in March 2021, Danisco, a company in the food ingredients sector, launched a new product called Xtend Sucromalt, a natural, low-calorie sweetener derived from sugar alcohols.

Europe dominated the global market in 2021, accounting for a revenue share of over 30%. Sugar alcohols are widely used in food and beverages due to their low calorie content, which has led to their rising popularity in the region. For instance, in April 2021, Merck KGaA launched a range of sugar alcohol sweeteners, such as maltitol, maltitol syrup, sorbitol, and xylitol, in Europe. The sugar alcohols are used in the production of confectionery, bakery products, dairy products, and beverages.

Asia Pacific is expected to witness the fastest growth in the coming years. Rising health concerns among consumers, such as diabetes and obesity, have led to a shift in consumer preference towards low-calorie food and beverages, which is expected to drive the growth of the market in the region. For instance, in April 2021, Cargill launched an innovative sugar reduction solution, which uses sugar alcohols, in India. Furthermore, the increasing demand for sugar alcohols, especially in countries, such as China, Japan, and India, is expected to drive the demand for sugar alcohols in the region.

In this part of the sugar alcohol products business plan, we will provide a detailed breakdown of all income and expense categories of the business. These forecasts include cash flow projections and capital requirements for your sugar alcohol products business. Usually, these projections are drafted for a 5-year period.

Revenue Assumptions
The main source of revenues for a sugar alcohol products business comes from the sale of sugar alcohol products, such as sugar alcohol sweeteners, sugar alcohol syrups, sugar alcohol beverages, sugar alcohol baking mixes, etc. Here you will find a list of the specific sugar alcohol products that your business will be selling, as well as other possible sources of profit such as online sales, wholesaling, and private label products.

Projecting Expenses
In this section, all the regular expenses related to keeping the sugar alcohol products business running will be described. The list of operating expenses includes raw materials, packaging, wages, utilities, transportation, advertising, insurance policies, and others.

Some of the key companies operating in the sugar alcohol market are increasingly focusing on product launches and expansion of the distribution channel to gain prominent visibility among consumers. Some of the initiatives are:

– In May 2022, Cargill Inc. launched a sugar alcohol product line for the food and beverage industry.

– In July 2022, Archer Daniels Midland Company (ADM) launched a sugar alcohol product line for the food and beverage industry, which includes xylitol, sorbitol, erythritol, and maltitol.

– In August 2022, Tate & Lyle launched a sugar alcohol product line for the food and beverage industry, which includes xylitol, sorbitol, and maltitol.

Some of the prominent players in the sugar alcohol market include:

– Cargill Inc.
– Archer Daniels Midland Company (ADM)
– Tate & Lyle
– Ingredion Incorporated
– Roquette Freres
– A.E. Staley Manufacturing Company
– Archer Daniels Midland Company (ADM)
– Roquette Group
– Beneo GmbH
– Manildra Group

This report forecasts growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global sugar alcohol products market based on product, distribution channel, type, and region:

1. Product Outlook (Revenue, USD Million, 2017 – 2030)

– Sorbitol
– Maltitol
– Isomalt
– Xylitol
– Others

2. Distribution Channel Outlook (Revenue, USD Million, 2017 – 2030)

– Supermarkets & Hypermarkets
– Online
– Others

3. Type Outlook (Revenue, USD Million, 2017 – 2030)

– Sugar Free
– Low Calorie

4. Regional Outlook (Revenue, USD Million, 2017 – 2030)

– North America
– Europe
– Asia Pacific
– Central & South America
– Middle East & Africa

[Q]: What is the Potential of Product Innovation in the Sugar Alcohol Market?
[A]: Product innovation in the sugar alcohol market is expected to be driven by the increasing research and development by key players to develop new types of sugar alcohol products. Companies are continuously introducing new and innovative products to cater to the changing needs of the consumers. Additionally, companies are also launching products that are made with natural ingredients and are free from artificial preservatives.

[Q]: Who are the Key Players in the Sugar Alcohol Market?
[A]: Key players in the sugar alcohol market include Cargill Inc., Archer Daniels Midland Company, Roquette Frères SA, Ingredion Incorporated, E. I. du Pont de Nemours and Company, Tate & Lyle PLC, The Dow Chemical Company, and Ajinomoto Co. Inc.

[Q]: What are the Factors Driving the Growth of the Sugar Alcohol Market?
[A]: Factors such as rising demand for sugar substitutes and the increasing prevalence of diabetes and obesity are driving the growth of the sugar alcohol market. Additionally, the health benefits associated with sugar alcohols such as improved digestive health, reduced blood sugar levels, and better dental health are also expected to propel market growth.

[Q]: What are the Major Application Areas of Sugar Alcohols?
[A]: Major application areas of sugar alcohols include food and beverages, pharmaceuticals, and personal care products. Food and beverage applications are expected to hold a major market share due to the increasing demand for sugar-free, low-calorie, and diabetic-friendly products.

[Q]: Which Region Offers the Largest Opportunity for Sales of Sugar Alcohols?
[A]: North America is expected to be the most lucrative region for sales of sugar alcohols due to the increasing prevalence of diabetes and consumer preference for low-calorie and sugar-free products. Additionally, the presence of major manufacturers and key players in the region is also expected to drive regional market growth.