Latin America Sugar Alcohols Market was worth USD 1.51 billion in 2021 and estimated to be growing at a CAGR of 6.66%, to reach USD 2.08 billion by 2026.
Sugar alcohols, which is a class of polyols, are commonly added to food products because of their lower caloric content than sugars. They are also, in general, less sweet, and are often combined with high-intensity sweeteners. They are also an active ingredient in chewing gum because they are not broken down by bacteria in the mouth or metabolized to acids, and thus do not contribute to tooth decay. Maltitol, sorbitol, xylitol, erythritol, and isomalt are some of the more common types of sugar alcohols or polyols. Sugar alcohols may be formed under mild reducing conditions from their analogue sugars.
The most common sources of sugar alcohol are fruits and berries. The carbohydrate in these plant products is altered through a chemical process. These sugar substitutes provide somewhat fewer calories than table sugar (sucrose), mainly because they are not well absorbed and may even have a small laxative effect. In several commercial foodstuffs, sugar alcohols are commonly used in place of table sugar (sucrose), often in combination with high-intensity artificial sweeteners to counter the low sweetness. Xylitol is perhaps the most popular sugar alcohol due to its similarity to sucrose in visual appearance and sweetness.
The major factors affecting the Latin America Sugar Alcohols market include the changing consumer lifestyles and growing health concerns which drive people away from consuming high-calorie food. Other factors include increasing diabetes concerns, rising obesity levels and the threat of cardiovascular diseases. As for the restraints of the market, the stringent government regulations and relative lack of awareness among consumers regarding the product are the major concerns.
The Latin America Sugar Alcohols market is broadly classified by Product into Sorbitol, Mannitol, Xylitol, Glycerol and Others and by End User into Food, Healthcare, and Others.
Geographically the Latin America Sugar Alcohols Market is segmented into Brazil, Mexico, Argentina, Chile and Rest of Latin America. The Latin American region is one that offers immense scope for development in the forecast years as is evident from the high growth rate of the region. In spite of having only a minor market share, the CAGR of the region is the second highest globally only behind Asia-Pacific. This market is one that shows promise in the coming years.
Key Players in the Market:
Major Key Players in the Latin America Sugar Alcohols Market are
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Product
5.1.1 Introduction
5.1.2 Sorbitol
5.1.3 Mannitol
5.1.4 Xylitol
5.1.5 Glycerol
5.1.6 Others
5.1.7 Y-o-Y Growth Analysis, By Product
5.1.8 Market Attractiveness Analysis, By Product
5.1.9 Market Share Analysis, By Product
5.2 End User
5.2.1 Introduction
5.2.2 Food
5.2.3 Healthcare
5.2.4 Others
5.2.5 Y-o-Y Growth Analysis, By End User
5.2.6 Market Attractiveness Analysis, By End User
5.2.7 Market Share Analysis, By End User
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Product
6.1.3.3 By End User
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Product
6.1.4.3 By End User
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Product
6.1.5.3 By End User
6.2 Brazil
6.3 Mexico
6.4 Rest of Latin America
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Roquette
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Nestle
8.3 Wholesome Sweeteners
8.4 Ingredion
8.5 Sanxinyuan
8.6 Fraken Biochem
8.7 Cargill
8.8 Atlantic Chemicals
8.9 A&Z Food Additives
8.10 Bernard Food Industries
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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