Erythritol Market Size to show 10.9% growth in its CAGR by 2023

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 nonhygroscopic character.

Scope of the Report:

This report focuses on the Erythritol in global market, especially in North America, Europe and AsiaPacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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 sugarfree, 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 20182023.
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.
The Worldwide Market for Erythritol is expected to grow at a CAGR of roughly 10.9% over the next five years, will reach 150 million US$ in 2023, from 81 million US$ in 2017, according to a new Planet Market Reports study.

Market Segment by Manufacturers, this report covers

Cargill
Jungbunzlauer
Baolingbao Biology
Zibo ZhongShi GeRui Biotech
Zhucheng Dongxiao Biotechnology
Shandong Sanyuan Biotechnology

Market Segment by Regions, regional analysis covers

North America United States, Canada and Mexico
Europe Germany, France, UK, Russia and Italy
AsiaPacific China, Japan, Korea, India and Southeast Asia
South America Brazil, Argentina, Colombia etc.
Middle East and Africa Saudi Arabia, UAE, Egypt, Nigeria and South Africa

Market Segment by Type, covers

Erythritol Powder
Erythritol Granular

Market Segment by Applications, can be divided into

Confectionery
Beverage
Personal Care
Health Care
Others

Get More Information about this Report and TOC @ https://www.planetmarketreports.com/reports/global-erythritol-market-6510

There are 15 Chapters to deeply display the global Erythritol market.

Chapter 1, to describe Erythritol Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Erythritol, with sales, revenue, and price of Erythritol, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Erythritol, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Erythritol market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Erythritol sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

Customization of this Report can be done as per client’s requirement.

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Organization: Planet Market Reports