The mannitol market was estimated at US$209.4 million in 2021.

NOIDA, UTTAR PRADESH, INDIA, October 23, 2023 /EINPresswire.com/ -- According to a new report published by Knowledge Sourcing Intelligence, forecasted between 2021 and 2028, mannitol market was valued at US$209.4 million in 2021 and is anticipated to propel significantly over the coming years.

The growing need for mannitol as a food additive is propelling the global market for this product. The rise in diabetes incidence is also helping the polyol business because it doesn't raise blood glucose levels too much and is thus widely used as a sweetener by diabetics. Since mannitol is a low-calorie, non-cariogenic addition, growing consumer health consciousness is also driving the global demand for this product. The industry's growing end-use applications in the confectionery sector are driving it. Because of its cooling properties, it is being utilized more and more in mint-flavored sweets and gums. Owing to its low hygroscopicity, which results in little water absorption from the air, it finds widespread application as a coating for chewing gum, hard candies, and dried fruits. Its nice flavour and texture are also contributing to its increasing use in chewable tablets.

Mannitol, a sugar polyol or sugar alcohol, is utilized as a medication and sweetener due to its poor solubility and hygroscopicity. The majority of fruits and vegetables, fresh mushrooms, brown algae, seaweed, and tree bark all naturally contain mannitol. Fructose, which is obtained from starch or sucrose, is usually hydrogenated to produce mannitol artificially. One of the mannitol application industries with the quickest rate of growth is the pharmaceutical industry. The expansion of the polyol market worldwide is being driven by the industry. It is a component of tablets as an excipient. In addition to being used as a diuretic, it is increasingly being used to treat lung and cardiac conditions as well as renal failure. The sector is benefiting from the fast urbanization and growth of the middle class since consumption habits are shifting and processed goods are becoming more and more popular. The technological improvements in the sector that aim to lower production costs are also providing a boost to the growth of the worldwide mannitol market. Growing advancements in the field will help the industry advance even more in the upcoming years. Given the growth in its uses, a stable demand is anticipated.

The market is witnessing multiple collaborations and technological advancements, for instance, a leading producer of pharmaceutical and nutraceutical excipients, Roquette unveiled Pearlitol CR-H and Pearlitol 200 GT, two next-generation mannitol solutions for direct compression, in November 2022. These excipients were developed expressly to help pharmaceutical companies with special medication formulation problems. They help producers improve direct compression methods and branch out into new product categories including micro tabs and controlled-release tablets.

Access sample report or view details: https://www.knowledge-sourcing.com/report/mannitol-market

Based on form the global mannitol market is divided into powder and granules. Among these, the powder form dominated the major market share. Due to its advantages in the manufacturing of chocolates, baked goods, and confections where items tend to dry out or harden, powdered form held the most market share. These goods are prevented from drying out and keep their original freshness during storage thanks to their moisture-stabilizing properties. Furthermore, mannitol is a stable, chemically unreactive substance that is resistant to heat and doesn't take part in browning processes.

Based on application the global telepresence robot market is divided into food, pharmaceuticals, industrial, and others. Among these, the food segment emerged as a major market proponent in the growth of the market. Food has the most market share because of its advantages as a sweetener, which allows it to be added to a variety of items, including baked goods, protein powders, chewing gum, and "sugar-free" meals and beverages. Moreover, it is added to various liquid medications, including pain relievers, cough syrups, and cold remedies. Additionally, as more people become diabetics and want sugar-free goods, the industry is expected to rise as mannitol may provide sweetness to meals without raising blood sugar levels as much as sucrose does.

Based on Geography, it is projected that the Asia Pacific area will account for a sizeable portion of the mannitol market. Due to growing urbanization, rising disposable income, and improving consumer health, this area will see rapid expansion throughout the projection period. Rising markets like China and India have a significant need for mannitol. The market in this area is growing as a result of shifting consumer preferences and an increase in the demand for low-calorie foods and beverages. Since mannitol does not alter blood sugar levels, it is a great option for those who have diabetes. Consequently, rising rates of diabetes in nations like China and India are fueling demand in this field.

As a part of the report, the major players operating in the global mannitol market, that have been covered are Roquette Freres Company, Cargill, Incorporated., Ingredion Incorporated, SPI Pharma, Singsino Group Ltd., Merck Millipore Corporation, Bright Moon Seaweed.

The market analytics report segments the global mannitol market using the following criteria:

• BY FORM

o Powder
o Granules

• BY APPLICATION

o Food
o Pharmaceuticals
o Industrial
o Others

• BY GEOGRAPHY

o North America

• United States
• Canada
• Mexico

o South America

• Brazil
• Argentina
• Others

o Europe

• Germany
• France
• United Kingdom
• Spain
• Others

o Middle East and Africa

• Saudi Arabia
• UAE
• Israel
• Others

o Asia Pacific

• China
• Japan
• South Korea
• India
• Indonesia
• Thailand
• Others

Companies Profiled:

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

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Ankit Mishra
Knowledge Sourcing Intelligence
+1 850-250-1698
info@knowledge-sourcing.com
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