Compound Isomaltitol Market Analysis By Raw Material (Genetically Modified And Non-genetically Modified), By Product (Food Grade And Pharmaceutical Grade), By Application (Food & Beverages And Pharmaceuticals) And By Region(North America, Europe, Asia Pacific, Latin America, and Middle East and Africa) – Global Industry Size, Share, Growth, Trends, Demand and Forecasts 2024 to 2029

Updated On: January, 2024
ID: 6914
Pages: 175

Compound Isomaltitol Market Value And Growth Rate:

The Compound Isomaltitol Market was valued at USD 0.9 billion in 2021. The market size is expected to grow at a compound annual rate of 6.10% in the forecast period 2022 to 2027 and is likely to reach USD 1.40 billion by 2027.

Compound Isomaltitol Market Scenario:

Isomaltitol is a type of sugar alcohol used primarily for sugar like properties. It acts as a substitute for sugar. It does not stimulate the production of Insulin thereby, having no negative impact on the blood sugar levels. It also protects the tooth from decaying. However, it carries a risk of gastric distress like diarrhoea, and flatulence when consumed in large quantities. Isomaltitol when mixed with sweeteners of high intensity such as sucralose, gives a mixture having the same sweetness as sugar.The Isomaltitol market is likely to gain from the increasing demand from various end-use industries. The Isomaltitol market is also driven by the rising trend of health and wellness among the population suffering from lifestyle diseases like obesity, diabetes and cardiac issues. This section of the population demand sugar alternatives by cutting down on the consumption of sugar, which will bode well for the market.

Compound Isomaltitol Market Growth:

The various uses of Isomaltitol and the extensive usage of the product in a wide variety of industries are expected to boost the market by volume and size.

Compound Isomaltitol Market Drivers:

Sugar reduction and replacement of sugar are the major trends in the food and beverage industry at present. Due to this trend, the demand for a crystalline form of sugar substitute such as Isomaltitol has gone up. Hard-boiled candies are gaining global recognition.

These innovations are generating growth for the market of Isomaltitol. Isomaltitol innovators are gaining recognition to showcase their new hard-boiled candy innovations that enhance the consumer experience. Therefore, companies in the Isomaltitol market are capitalizing on this trend to enable sugar reduction and sugar replacement megatrends in hard-boiled candies.The trend of pilot testing has boosted the market for Isomaltitol globally. The production levels have scaled up due to the laboratory testing. Pilot testing aids in building the credibility of Isomaltitol manufacturers. This results in the optimization of various processing parameters. It is being used extensively in the HoReCa industry as a substitute for sugar. Sugar was previously being used for making sugar sculptures. However, the hygroscopic property of sugar acts as a restraint. It forms lumps under humid weather conditions due to humidity. Since the resistance property of Isomaltitol is slightly higher than sugar it is being extensively used in the confectionery industry.In the Isomaltitol market, companies are increasing awareness about low-calorie and sugar-free content that is grabbing the attention of consumers. Many dieticians are recommending Isomaltitol for health-conscious individuals who are following sugar-limited and weight control plans. The rapid rise in the disposable income of the consumers is considered to be one of the reasons which are also boosting the market for Isomaltitol.

Compound Isomaltitol Market Restraints:

Sugar works are trending in a myriad of hotels and high-end buffet setups. However, Isomaltitol is expensive compared to sugar and it also requires practice to garnish sugar works with Isomaltitol. An increase in the preference of consumers toward other substitute products is projected to pose a challenge to the Isomaltitol market globally.

Recent Developments in the Compound Isomaltitol Market:

In September 2021, Archer-Daniels-Midland Company (ADM) which is an American multinational food processing and commodities trading has introduced a low Sugar Glucose Syrup (RSGS) which is called SweetRight in the US market. It combines low-sugar formulas with the same thickness as corn syrup. It is a healthier option for the segment of consumers who are health conscious.

Compound Isomaltitol Market Segmentation: 

Based on Type:

  • Genetically Modified Isomaltitol

  • Non-Genetically Modified Isomaltitol

Based on type the Compound Isomaltitol Market can be divided into two categories namely Genetically Modified Isomaltitol and Non-Genetically Modified Isomaltitol. Among these two, genetically modified Isomaltitol is anticipated to hold the largest market share in the next six years.

Based on Product:

  • Food Grade

  • Pharmaceutical Grade

Based on product, the market for Isomaltitol can be segregated into two categories namely Food Grade and Pharmaceutical Grade. The food-grade segment is the leading segment because of the extensive usage of Compound Isomaltitol as a sweetener and sugar substitute.

Based on Application:

  • Food & Beverages

  • Pharmaceuticals

Based on application the Compound Isomaltitol Market can be bifurcated into two categories namely Food and Beverages and Pharmaceuticals. The food and beverage industry seems to dominate the market under this segment due to the wide applicability of Isomaltitol in various sectors such as HoReCa. Due to its low glycemic index, it finds a lot of applications as a substitute for sugar and acts as a natural sweetener.

Compound Isomaltitol Market Regional Analysis: 

  • Nоrth Аmеrіса

  • United States

  • Canada

  • Mexico

North America leads the market for Isomaltitol in the world owing to the increased cases of diabetes and obesity in the region. Due to this, there has been a shift in consumer choices and preferences towards a healthier lifestyle. The US leads the market followed by Canada. The demand for artificial sweeteners can be attributed as one of the factors leading to the growth of this market in North America. The high supply of sugar beets in North America further boosts the market in this region.

  • Аѕіа Расіfіс

  • China

  • Japan

  • India

  • Australia

The demand for artificial sweeteners with the growth of population in the Asia Pacific region is the factor that is driving the market for Isomaltitol. China, India, Japan, Taiwan, and South Korea are the leading countries holding the maximum market share in this region. The Asia Pacific region is anticipated to show exponential growth due to the rise in the population along with the rapid growth of the food and beverage industry in this region. Factors such as an abundance of raw materials and the growing prevalence of diabetes in the region would create lucrative growth prospects for the Isomaltitol market across the Asia-Pacific region.

  • Еurоре

  • Germany

  • UK

  • France

  • Italy

Germany is the fastest-growing market in Europe. There is a huge increase in the consumption of processed food products along with it the usage of non-calorie sweeteners and sugar substitutes is also on the rise in Europe. This is seemingly boosting the market for Compound Isomaltitol.

  • Lаtіn Аmеrіса

  • Міddlе Еаѕt аnd Аfrіса

Compound Isomaltitol Market Key Players:

  1. Саrgіll

  2. Atlantic Chemicals

  3. Trading Ingredion

  4. A & Z Food Additives

  5. BENEO

  6. Roquette Freres

  7. Fraken Biochem

  8. Sanxinyuan Food Industry

  9. Carbosnyth

 

 

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