Portland, NO, February 24, 2021 (GLOBE NEWSWIRE) – According to the report published by Allied Market Research, the universe sugar alcohol market was estimated at $ 3.36 billion in 2019 and is expected to hit $ 4.80 billion by 2027, recording a CAGR of 5.9% from 2021 to 2027. The report provides an in-depth analysis of the key investment pockets, the best winning strategies, drivers & opportunities, market size and estimates, competitive position, and positive market trends.
Rising demand for polyols in the food industry, rise in obesity and diabetes, and increase in demand for polyols in pharmaceutical applications are driving the growth of the global sugar alcohol market. On the other hand, high production costs hinder growth to some extent. However, innovations in product development are expected to create lucrative opportunities in the industry.
Download Example PDF (290 more visual pages): https://www.alliedmarketresearch.com/request-sample/9387
Covid-19- location
- When covid-19 started a supply chain was disrupted and as a result, the global market for sugar alcohol was partially disrupted.
- On the other hand, demand for low-calorie healthy food products has gone up during the pandemic. In addition, a gradual calm over the constraints of the market is expected to help to recover soon.
The global sugar alcohol market is studied across type, form, application and region. By type, the sorbitol sector contributed about half of the total market share in 2019, and is expected to control the trend by the end of 2027. The mannitol sector, on the other hand , recording the fastest CAGR of 7.5% from 2021 to 2027.
Get a detailed COVID-19 effect analysis on sugar alcohol Market @ https://www.alliedmarketresearch.com/request-for-customization/9387?reqfor=covid
By format, the powder & crystal sector accounted for more than three-fifths of total market revenue in 2019, and is expected to lead the way by 2027. At the same time time, the liquid & syrup sector would grow at the fastest CAGR of 6.4% during the forecast period.
Based on region, Europe held the lead in 2019, accumulating nearly two-fifths of the global sugar alcohol market. At the same time, the Asia-Pacific market would exhibit the fastest CAGR of 6.8% during the forecast period. The other two continents examined in the report include North America and LAMEA.
Contact me here @ https://www.alliedmarketresearch.com/purchase-enquiry/9387
The key market players examined in the global sugar alcohol market report include Spectrum Chemical Manufacturing Corp., Archer Daniels Midland Company, Ingredion Incorporated, Mitsubishi Shoji Foodtech Co. Ltd, Roquette Freres SA, Tate & Lyle PLC¸ Atlantic Chemicals Trading GmbH, Cargill Incorporated, Associated British Foods plc (SPI Pharma), and DuPont. These market players have adopted various strategies including partnership, expansion, collaboration, joint ventures, and others to strengthen their position in the industry.
AVENUE- Membership-based library (Premium on demand, membership-based pricing model):
AMR includes its Avenue-based membership-based online library, specifically designed to offer a cost-effective one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can take advantage of a complete repository of reports on more than 2,000 unique businesses and more than 12,000 company profiles. In addition, users can access online and qualitative data in PDF and Excel formats along with analytics support, customization and updated versions of reports.
Access the report library anytime from any device and anywhere. For more information, follow the link: https://www.alliedmarketresearch.com/library-access
About Connected Market Research:
Allied Market Research (AMR) is a full-service market research and consulting firm of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global as well as medium and small enterprises with unparalleled quality of “Market Intelligence Reports” and “Business Intelligence Solutions”. “AMR has a focused vision to provide business insights and consulting to help clients make strategic business decisions and achieve sustainable growth in their respective market areas. AMR offers its services across 11 direct business areas including Life Sciences, Consumer Products, Materials & Chemicals, Construction & Manufacturing, Food & Beverage, Power & Power, Semiconductor & Electronics, Automotive & Transport, Aerospace & Defense, and BFSI.
We are in professional corporate relationships with various companies and this helps us in digging up market data which helps us to generate accurate research data records and confirm real error in our market forecasting. . All data presented in the reports we have published is extracted through primary interviews with senior officials from key companies of the relevant field. Our secondary data provision approach includes in-depth online and offline analysis and dialogue with experienced professionals and industry analysts.
Contact: David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free: +1-800-792-5285 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-855-550-5975 [email protected] Web: https://www.alliedmarketresearch.com Follow Us on: LinkedIn Twitter