Lewes, DE -- (SBWIRE) -- 09/18/2018 -- Erythritol Market will register a 10.9% CAGR in terms of revenue, reach US$ 150 million by 2023, from US$ 81 million in 2017.

Erythritol is a white crystalline powder with a clean sweet taste that is similar to sucrose. It is approximately 70% as sweet as sucrose and flows easily due to its non-hygroscopic character.

The technical barrier of erythritol is high, resulting in few companies in the market. Cargill is the largest producer, accounting for almost 76.74% of output in 2016. Other relatively large companies are Jungbunzlauer, Zibo ZhongShi GeRui Biotech, Zhucheng Dongxiao Biotechnology and Shandong Sanyuan Biotechnology. As for main production countries, it is estimated that USA accounted for more than 76.74% of global erythritol output in 2016, while China ranked second position with about 16.37% share.

Erythritol has a wide range of applications in food, beverage, heath care products, and other industries. With the growing demands to reduce overall sugar consumption, the food industry is seeking ways to respond to consumer demand for foods that help meet their dietary and weight loss goals. This means developing foods that are sugar-free, lower calorie and low in glycemic carbohydrates while also trying to achieve the desired texture, flavor and stability of traditional products. In a word, with the growth of global consumption level and health awareness, the demand for erythritol is expected to continue increasing during the remaining years of the forecast period of 2018-2023.

In the past few years, the price of erythritol has decreased and will increase in 2017 and we expect the price will slightly higher in future. However, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of erythritol.

As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality. With the snatch for market share in emerging regions, the competition in erythritol industry will become more intense.

Over the next five years, Study projects that Erythritol will register a 10.9% CAGR in terms of revenue, reach US$ 150 million by 2023, from US$ 81 million in 2017.

This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
Cargill
Jungbunzlauer
Baolingbao Biology
Zibo ZhongShi GeRui Biotech
Zhucheng Dongxiao Biotechnology
Shandong Sanyuan Biotechnology

Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)

Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Erythritol Powder
Erythritol Granular

Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Confectionery
Beverage
Personal Care
Health Care
Others

Spanning over 124 pages "Forecast of Global Erythritol Players Market 2023" report covers Erythritol Market Overview, Global Erythritol Sales, Revenue (Value) and Market Share by Players, Global Erythritol Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players Erythritol Sales, Revenue and Price, Europe Top 5 Players Erythritol Sales, Revenue and Price, Asia-Pacific Top 5 Players Erythritol Sales, Revenue and Price, South America Top 5 Players Erythritol Sales, Revenue and Price, Middle East & Africa Top 5 Players Erythritol Sales, Revenue and Price, Global Erythritol Players Profiles/Analysis, Global Erythritol Market Forecast (2018-2023), Erythritol Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Research Findings and Conclusion, Appendix.

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