Market Research Report
Vietnam Polyol Sweeteners Market, By Type, By Form, By Application, By Function, By Region, Competition Forecast and Opportunities, 2017-2027
|Vietnam Polyol Sweeteners Market, By Type, By Form, By Application, By Function, By Region, Competition Forecast and Opportunities, 2017-2027|
Published: May 1, 2022
Content info: 72 Pages
Delivery time: 2-3 business days
Vietnam Polyol Sweeteners Market is projected to grow at a significant rate during the forecast period. The market growth can be attributed to the shifting preferences of the population towards artificial sweeteners over regular table sugar owing to growing health concerns and rising incidences of chronic disorders such as diabetes, obesity, cardiovascular diseases, etc. Besides, increasing demand for artificial sweeteners across various end-user industries such as food & beverage, hospitality industry, bakery & confectionary, pharmaceuticals, etc., are fueling the growth of Vietnam polyol sweeteners market in the forecast period. Rising awareness regarding the adverse effects of consuming sugar and growing varieties of zero-calorie and natural sugar alternatives are also fueling the growth of the Vietnam polyol sweeteners market. Moreover, increasing demand for low-calorie beverages and the rising popularity of healthy sweets and sugar-free snacks among consumers are propelling the growth of Vietnam polyol sweeteners market. Shifting consumer preferences toward products with clean labels such as natural, fresh, sustainable, and non-GMO and increased focus of the population on weight management are expected to support the growth of Vietnam polyol sweeteners market during the forecast period.
Vietnam polyol sweeteners market is segmented on the basis of type, form, application, function, and region. Based on type, the market is sub-divided into sorbitol, erythritol, maltitol, mannitol, lactitol, isomalt, xylitol, hydrogenated starch hydrolysate, and others. The mannitol segment is expected to register the highest growth in the Vietnam polyol sweeteners market due to its extensive use in assorted sugar-free foods and beverages and its wide application in the pharmaceutical industry. Besides, the Sorbitol segment is expected to register the fastest growth in the Vietnam polyol sweeteners market during the forecast period. Based on application the market is divided into beverages, bakery & confectionery, dairy, oral care, pharmaceuticals, and others. The beverages sector is anticipated to hold the largest share in Vietnam polyol sweeteners market during the forecast period due to increased utilization of sugar substitutes and the growing number of functional beverage varieties.
Archer Daniels Midland Company, Cargill, 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 the major players operating in Vietnam 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 Polyol Sweeteners manufacturers in Vietnam. 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 analyzed the retailers, distribution channels and presence of all major Polyol Sweeteners manufacturers in Vietnam.
TechSci Research calculated the market size of Vietnam 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 analyzing 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.
In this report, Vietnam Polyol Sweeteners Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Hydrogenated Starch Hydrolysate
Bakery & Confectionery
Flavoring or Sweetening Agents
Company Profiles: Detailed analysis of the major companies present in Vietnam Polyol Sweeteners Market.
With the given market data, TechSci Research offers customizations according to the company's specific needs. The following customization options are available for the report:
Profit Margin Analysis