PUBLISHER: TechSci Research | PRODUCT CODE: 1066246
PUBLISHER: TechSci Research | PRODUCT CODE: 1066246
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Saudi Arabia Polyol Sweeteners Market is projected to grow at a significant rate during the forecast period. The market growth can be attributed to the increasing demand for sugar substitutes in the food & beverage industry and the rising health-conscious population in the country. Polyol sweeteners are saccharide derivatives generated from the carbohydrates of bio-wastes, such as birch bark, corn, etc., and utilized as favorable "natural" ingredients in several applications. Growing consumer demand for low-calories and healthy food products has led to increased consumption of polyol sweeteners in end-user industries like food, pharmaceuticals, cosmetics, and other technical & chemical industries, supporting the growth of Saudi Arabia polyol sweeteners market. Polyol sweeteners do not increase blood sugar levels or cause tooth decay, contributing to their increased adoption among the geriatric and diabetic population. Besides, the growing use of polyol sweeteners in lotions, emulsion balms, and capsules due to their high spreading potential is also supporting the growth of Saudi Arabia polyol sweeteners market. Rising per capita income and affluent lifestyles are encouraging consumers to make expensive but healthy purchases, which is boosting the demand for the polyol sweeteners market in Saudi Arabia. Key market players are increasingly investing in research and development initiatives to develop a sustainable and advanced biotechnological process to obtain polyol, boosting the Saudi Arabia polyol sweeteners market growth.
Saudi Arabia polyol sweeteners market is segmented on the basis of type, form, application, function, company, and region. Based on type, the Saudi Arabia polyol sweeteners market is further divided into sorbitol, erythritol, maltitol, mannitol, lactitol, isomalt, xylitol, hydrogenated starch hydrolysate, and others. Sorbitol is anticipated to dominate the Saudi Arabia polyol sweeteners market growth owing to its versatile functionality in sweeteners, humectant flavoring agents, etc., across various end-user industries such as pharmaceuticals, foods & beverages, cosmetics, etc. By form, the Saudi Arabia polyol sweeteners market is divided into powder/crystal and liquid/syrup. The powder/crystal segment is anticipated to register the highest growth in the market owing to their ease of convenience in storage, usage, and transportation.
Archer Daniels Midland Company, Cargill, Inc., Roquette Freres S.A., Tereos Starch & Sweeteners, E.I. Du Point De Nemours & Company, Jungbunzlauer Suisse AG, Ingredion Incorporated, Gulshan Polyols Limited, Sudzucker AG, Batory Foods, etc., are some of the major market players in Saudi Arabia polyol sweeteners market.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F-2027F
Objective of the Study:
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of companies in Saudi Arabia. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the Polyol Sweeteners manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the retailers, distribution channels and presence of all major Polyol Sweeteners manufacturers in Saudi Arabia.
TechSci Research calculated the market size of Saudi Arabia Polyol Sweeteners Market using a bottom-up approach, where data for various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, distributors and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, Saudi Arabia Polyol Sweeteners Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Sorbitol
Erythritol
Maltitol
Mannitol
Lactitol
Isomalt
Xylitol
Hydrogenated Starch Hydrolysate
Others
Powder/Crystal
Liquid/Syrup
Beverages
Bakery & Confectionery
Dairy
Oral Care
Pharmaceuticals
Others
Bulking Agents
Flavoring or Sweetening Agents
Excipients
Humectants
Others
Northern Region
Southern Region
Western Region
Eastern Region
Central Region
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Saudi Arabia Polyol Sweeteners Market segment.
Available Customizations:
With the given market data, TechSci Research offers customizations according the company's specific needs. The following customization options are available for the report:
Company Information
Profit Margin Analysis
4..3. Factors Influencing Purchase Decisions
4..4. Product Awareness