Erythritol Market to Grow Significantly with Increasing Advancements in Technology, Says QYR

QYResearch (QYR) (www.qyresearch.com) has published a new report titled, ‘Erythritol Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2025’.

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Los Angeles, CA -- (SBWire) -- 10/03/2018 --This study researches the market size of Erythritol, presents the global Erythritol sales and revenue by companies, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.

This report focuses on the key data information of Erythritol in key regions like North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, presents sales, revenue, market share, growth rate of Erythritol for each region and countries in each region.

For top companies, this report investigates and analyzes the sales, revenue, market share and growth rate for the top players, key data from 2013 to 2018.

This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.

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.

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In 2018, the global Erythritol market size was 81 million US$ and is forecast to 180 million US in 2025, growing at a CAGR of 10.8% from 2018. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Erythritol.

This report includes the following manufacturers; we can also add the other companies as you want.

Cargill

Jungbunzlauer

Baolingbao Biology

Zibo ZhongShi GeRui Biotech

Zhucheng Dongxiao Biotechnology

Shandong Sanyuan Biotechnology

...

Market Segment by Product Type

Erythritol Powder

Erythritol Granular

Market Segment by Application

Confectionery

Beverage

Personal Care

Health Care

Others

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