Erythritol Market Report 2024 (Global Edition)

Global Erythritol Market Report 2024 Market Size Split by Form (Powder, Granular), by Application (Beverage, Bakery, Confectionery & Dairy Products, Personal Care, Pharmaceutical), by Sales Channel (D...

Erythritol Market Report Description

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Erythritol Market Insights Video

Competitive Landscape of the Erythritol Market

In the erythritol market's competitive landscape, numerous key competitors are driving innovation and growth. With several key players vying for market share through product innovation, strategic partnerships, and expanding production capacities. These companies focus on enhancing their product portfolios by offering erythritol as a key ingredient in sugar reduction solutions, especially in the food and beverage sector.

In December 2021, Cargill agreed with Croda to acquire the majority of its performance technologies and industrial chemicals business for EUR 915,000,000 (1.03 billion USD) in cash and debt-free. The investment will significantly increase Cargill's bio-industrial footprint, better serving industrial businesses looking for "greener" ingredient options. (Source: https://www.cargill.com/bioindustrial/performance-technologies#:~:text=In%20December%202021%2C%20Cargill%20reached%20an%20agreement%20with,solutions%20in%20Europe%2C%20the%20United%20States%20and%20Asia.) In September 2020, Foodchem offered Erythritol as a sugar substitute in a variety of industries, ensuring high-quality standards and customized solutions for its customers. (Sourcehttps://www.foodchem.com/application-of-erythritol-in-the-food-industry/) In November 2022, Tate & Lyle launched a new erythritol solution, 2023, designed to enhance its portfolio of sugar-reduction products. This launch was aimed at helping manufacturers maintain sweetness and mouthfeel in reduced-sugar formulations for bakery and confectionery products. (Source: https://www.tateandlyle.com/news/tate-lyle-expands-sweetener-portfolio-erytesse-erythritol)

Top Companies Market Share in Erythritol Industry: (In no particular order of Rank)

• Foodchem International Corporation
• Cargill Inc.
• Incorporated
• JUNGBUNZLAUER SUISSE AG
• Shandong Sanyuan Biotechnology Co.
• Ltd
• Van Wankum Ingredients
• HYET Sweet
• SOPURE STEVIA
• Baolingbao Biology
• Nikken-Chemical
• Tate & Lyle
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Erythritol Market

Which Region Dominates the Erythritol Market in 2024?

According to Cognitive Market Research, North America currently dominates the erythritol market, and the region is expected to have significant growth during the projected period. This is due to increasing health consciousness and the rising prevalence of lifestyle-related diseases such as obesity and diabetes. Consumers are seeking low-calorie, sugar-free alternatives to reduce sugar intake, fueling the demand for erythritol. Governmental efforts and public health campaigns promoting healthier eating habits have further accelerated this trend.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, the growing health awareness, and increasing incidences of diabetes and obesity. As more consumers become conscious of the negative effects of excessive sugar consumption, there is a rising demand for low-calorie and sugar-free alternatives like erythritol. Additionally, the expanding food and beverage industry in countries such as China, Japan, and India is fueling the adoption of erythritol.

The current report Scope analyzes Erythritol Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Erythritol

According to cognitive market research, the global erythritol market size was estimated at USD 245.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 98.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.

• According to cognitive market research, the US had a major share in the erythritol market with a market size of USD 77.48 million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period. The growing prevalence of obesity and diabetes is pushing consumers toward low-calorie, sugar-free sweeteners for healthier alternatives.
• The Canadian erythritol market had a market share of USD 11.78 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period. The increasing demand for clean-label and natural products, as consumers seek healthier, plant-based sweeteners in their food and beverage choices.
• The Mexico erythritol market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 8.94 million in 2024.

Europe Erythritol

According to cognitive market research, the global erythritol market size was estimated at USD 245.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 73.65 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031.

• The United Kingdom's erythritol market had a market share of USD 12.37 million in 2024 and is projected to grow at a CAGR of 6.3% during the forecast period. In the UK, erythritol sales witness an upswing due to increasing government initiatives to reduce sugar consumption, such as sugar taxes, which have encouraged the adoption of low-calorie sweeteners in food and beverages.
• The France erythritol market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 6.78 million in 2024.
• According to Cognitive Market Research, the German erythritol market size was valued at USD 14.58 million in 2024 and is projected to grow at a CAGR of 5.7% during the forecast period. In Germany, erythritol surged due to a strong consumer preference for natural, clean-label ingredients, with growing demand for healthier sugar alternatives.
• The Italy erythritol market is projected to witness growth at a CAGR of 4.9% during the forecast period, with a market size of USD 6.33 million in 2024.
• The Russian erythritol market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD 11.42 million in 2024.
• The Spain erythritol market is projected to witness growth at a CAGR of 4.6% during the forecast period with a market size of USD 6.04 million in 2024
• The Luxembourg erythritol market is projected to witness growth at a CAGR of 5.6% during the forecast period, with a market size of USD 2.28 million in 2024.
• The Portugal erythritol market is projected to witness growth at a CAGR of 5.3% during the forecast period, with a market size of USD 1.55 million in 2024.
• The Greece erythritol market is projected to witness growth at a CAGR of 5.8% during the forecast period, with a market size of USD 0.88 million in 2024.
• The Rest of Europe's erythritol market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 11.42 million in 2024.

Asia Pacific Erythritol

According to cognitive market research, the global erythritol market size was estimated at USD 245.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 56.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.

• According to cognitive market research, the China erythritol market size was valued at USD 25.41 million in 2024 and is projected to grow at a CAGR of 8.5% during the forecast period. Erythritol surged in China due to rising health consciousness and the increasing demand for low-calorie, sugar-free alternatives.
• The Japan erythritol market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 7.79 million in 2024.
• The India erythritol market had a market share of USD 6.78 million in 2024 and is projected to grow at a CAGR of 10.8% during the forecast period. In India, the market is primarily driven by the expanding food and beverage industry and the growing consumer preference for natural, plant-based sweeteners as part of healthier dietary choices .
• The South Korean erythritol market is projected to witness growth at a CAGR of 8.1% during the forecast period, with a market size of USD 5.65 million in 2024.
• The Australian erythritol market is projected to witness growth at a CAGR of 8.7% during the forecast period, with a market size of USD 2.94 million in 2024.
• The Southeast Asia erythritol market is projected to witness growth at a CAGR of 10.0% during the forecast period, with a market size of USD 3.90 million in 2024.
• The Rest of Asia Pacific erythritol market is projected to witness growth at a CAGR of 8.8% during the forecast period, with a market size of USD 4.01 million in 2024.

South America Erythritol

According to cognitive market research, the global erythritol market size was estimated at USD 245.5 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 12.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.

• According to cognitive market research, the Brazil erythritol market size was valued at USD 5.25 million in 2024 and is projected to grow at a CAGR of 7.0% during the forecast period. Erythritols flourished in Brazil due to the growing demand for natural, low-calorie sweeteners amid rising health consciousness and concerns over obesity..
• Argentina's erythritol market had a market share of USD 2.06 million in 2024 and is projected to grow at a CAGR of 7.3% during the forecast period. increasing awareness of diabetes management and the shift toward healthier dietary options, encouraging the adoption of sugar substitutes like erythritol.
• Colombia's erythritol market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 1.09 million in 2024.
• Peru's erythritol market is projected to witness growth at a CAGR of 6.6% during the forecast period, with a market size of USD 1.01 million in 2024.
• Chile's erythritol market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 0.88 million in 2024.
• The Rest of Latin America's erythritol market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 1.98 million in 2024.

Middle East and Africa Erythritol

According to cognitive market research, the global erythritol market size was estimated at USD 245.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 4.91 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7%from 2024 to 2031.

• The GCC Countries' erythritol market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 2.10 million in 2024. Erythritol sales flourish due to the rising awareness of health and wellness trends.
• The Egypt erythritol market is projected to witness growth at a CAGR of 7.0% during the forecast period, with a market size of USD 0.52 million in 2024.
• The South Africa erythritol market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD 0.78 million in 2024. Erythritol sales flourished in South Africa due to the growing incidence of diabetes and obesity in the country.
• The Turkey erythritol market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 0.42 million in 2024.
• The Nigeria erythritol market is projected to witness growth at a CAGR of 5.8% during the forecast period, with a market size of USD 0.52 million in 2024.
• The Rest of the MEA erythritol market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 0.58 million in 2024.

Erythritol Market Analysis

Erythritol Market Form Segment Analysis

According to Cognitive Market Research, granular erythritols are likely to dominate the erythritol market over the forecast period. Because of its comparable texture and look to regular sugar, it is a popular choice for direct consumer usage in applications such as baking, sweetening beverages, and ordinary food preparation. Its ease of use and sugar-like consistency make it extremely popular in both domestic and industrial settings.

The powder category is the fastest-growing segment in the erythritol market. Powdered erythritol is rapidly expanding and is projected to be the fastest-growing sector. Its fine texture makes it perfect for specialized applications that require smoothness and consistency, such as frosting, powdered drink mixes, and other confectionery items. This adaptability is driving up demand for powdered erythritol, especially in premium and niche sectors.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Erythritol Industry. Request a Free Sample PDF!

Erythritol Market Application Segment Analysis

According to Cognitive Market Research, the confectionery & dairy products segment holds the largest share of the market. There is an increasing demand for sugar-free and low-calorie sweeteners in candies, chocolates, ice cream, and dairy-based sweets. Erythritol's non-glycemic and calorie-free properties make it a popular choice for producers seeking to preserve sweetness while reducing sugar content in their goods.

In the erythritol market, the beverage sector has been expanding at a rapid pace. An increase in the demand for low-sugar and diet beverages such as sodas, energy drinks, and flavored waters is driving this expansion. Consumers' growing choice for healthy, sugar-free beverages is encouraging manufacturers to include erythritol in beverages.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Erythritol Sales Channel Segment Analysis

Erythritol Market Distribution Channel Segment Analysis

According to Cognitive Market Research, the distribution channel segment holds the largest market share. As it encompasses a diverse set of intermediaries such as wholesalers, retailers, and online platforms. This channel provides manufacturers with significant market reach and accessibility, allowing them to distribute erythritol to customers as well as food and beverage industries in a variety of countries. Supermarkets, specialized stores, and e-commerce platforms are crucial to increasing erythritol sales through the distribution channel.

In the erythritol market, the rapidly growing sector is the direct channel category. This includes direct sales to large food and beverage firms, as well as pharmaceutical companies who prefer bulk purchasing. As industries seek erythritol for sugar-free product formulations, direct collaborations between manufacturers and end users are fast rising, accelerating the growth of this sales channel.

• Direct Channel
• Distribution Channel

Author's Detail

Nisha Deore

Research Analyst at Cognitive Market Research

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I am a well-organized, conscientious, and professional Research Analyst with two plus years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.

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