About Erythritol
Erythritol is a crystalline white powder having a clean sweet and taste like sucrose. It is safe for people's diabetes and other diseases. The Erythritol caloric value is null, that’s why it is different from other polyols by its high digestive tolerance.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global Erythritol market is highly competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability. Analyst at AMA Research estimates that China Vendors will contribute the maximum growth to Global Erythritol market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Zhucheng Dongxiao Biotechnology (China), Shandong Sanyuan Biotechnology (China), Jungbunzlauer (Switzerland), Cargill (United States), Baolingbao Biology (China), Foodchem International Corporation (China) and Jungbunzlauer Suisse (Switzerland) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Erythritol market by , Application (Beverage Industry, Personal Care Industry, Pharmaceutical Industry and Others) and Region.
On the basis of geography, the market of Erythritol has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Form, the sub-segment i.e. Erythritol Powder will boost the Erythritol market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online Sales Channels will boost the Erythritol market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technology Advancement in Manufacturing Technology
Market Growth Drivers:
Increase Demand Of Intensify Sweeteners and Increasing Health Consciousness and Changing Lifestyle
Challenges:
Fluctuation in Interest Rates and Foreign Currency Exchange Rates and Growing Challenge from Stevia
Restraints:
Stringent Government Laws
Opportunities:
Growing Demand of Sweet Products across the Globe
In November 2022 - Tate & Lyle PLC has laucnhed new addition to its sweetener portfolio – ERYTESSE™ Erythritol. Through a strategic partnership distribution agreement with a leading supplier of erythritol, this addition expands our ability to help customers deliver on consumer demand for healthier, sugar and calorie reduced products, and extends Tate & Lyle’s position as the world leader in ingredient solutions for healthier food and beverages.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Erythritol Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.