Global Polyglycitol Market to be driven by the growth of the sugar substitute market in the Forecast Period of 2021-2026

 The new report by Expert Market Research titled, ‘Global Polyglycitol Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global polyglycitol market, assessing the market based on its segments like form, application, and major regions like North America, Europe, Asia Pacific, Latin America, Middle East and Africa. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

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The key highlights of the report include:

Market Overview (2016-2026)

• Historical Market Size (2020): USD 16.5 Billion
• Forecast CAGR (2021-2026): 4.5%

The market for polyglycitol has seen substantial growth due to factors such as increasing demand for the sugar-free products worldwide. Also, increased knowledge across different industries offers an enormous market opportunity for key players in the polyglycitol market. Sugar substitutes such as polyglycitol are in high demand as people become more conscious of living a healthier lifestyle and maintaining a fit body. The growth of health consciousness among younger consumers has been helped by widespread awareness through social media. The polyglycitol industry has also benefited from this. Sugar taxes in some areas, as well as increasing government policies discouraging excessive sugar consumption, are expected to drive demand growth in the coming years. The growing popularity of keto diets is also expected to propel the market forward, as polyglycitol is commonly accepted as a keto-sweetener. Sugar avoidance among consumers is expected to continue to drive market growth in the coming years.

Industry Definition and Major Segments

Polyglycitol is a sugar-free sweetener, bulking agent, and stabiliser that is widely used. On a dry basis, it is made from maltose syrups with a 50 percent maltitol and about 20% sorbitol composition. A gramme of polyglycitol is calculated to contain around three kilocalories. Polyglycitol is safe to use as an additive, according to the World Health Organization.

Based on the form, the industry is divided into:

• Lumps
• Powder
• Syrup

Based on the application, the industry is divided into:

• Bulking Agents
• Stabilisers
• Humectants
• Sweeteners
• Texturisers

The regional markets for polyglycitol include:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

 Market Trends

Geographically, North America is rapidly becoming one of the most important regional markets for polyglycitol. The high population base of people suffering from obesity in the United States can be attributed to the regional market's rise. The demand in North America is growing due to a growing awareness of health and wellness among the young generation, as well as an increase in fitness training services. Due to its large population and growing economic growth, Asia Pacific is expected to be one of the largest markets for polyglycitol, especially in emerging economies such as China and India. The increasing use of social media in the area has increased health awareness among the population, boosting market growth even further.

Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/polyglycitol-market

Key Market Players

The major players in the market are Ingredion Incorporated., Samyang Corporation, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

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