World over, mannitol has gained excellent prominence amid its soaring applications across an array of industries including food and beverage, analytical chemistry, medical, and pharmaceutical sectors. As a type of sugar alcohol, mannitol is essentially used as a sweetener and medication. It remains an essential ingredient as a low-calorie sweetener owing to its low absorption capabilities. Being an approved ingredient by US FDA, mannitol also finds its application in treating glaucoma to minimize intracranial pressure and intraocular pressure. In the oliguric phase, it helps in preventing irreversible damage during acute renal failure through the provision of the right amount of diuresis. Such a favorable landscape is extending the dimensions of the global mannitol market.
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Ascending Demand from Food and Beverages Industry to Enhance Mannitol Market Landscape
The recent trend highlights eliminating or reducing the consumption of conventional sugar and substituting them with artificial sweeteners. Owing to lower calorie levels, mannitol has gained substantial traction in the bakery and confectionaries domain. In addition, mannitol’s dynamic functional properties have enabled its usage in various food products such as infant formula, butter, pre-cooked pasta, and frozen fish. Chewing gums being produced using mannitol are safe for consumption by people suffering from diabetes type 1 2. Moreover, it is resilient to higher temperatures, has high melting points, and lacks discoloration. To this end, mannitol is also used in select products as a coating agent. Its usage in ice creams, sweets, and frozen desserts has further amplified the growth prospects for the global mannitol market.
Competitive Production Costs, and Superior Functional Attributes Augurs Well for Mannitol Market
Low production costs and comprehensive applications of mannitol have accelerated its demand across the spectrum of industries. Mannitol is a key food additive with better moisturizing functionality and non-hygroscopic property. This makes it fit to be used in food items and enhances the shelf life of perishable items. With the uptake of beverages including juices, coffee, and flavored drinks on the rise, the demand for mannitol has upscaled significantly. The presence of high calories in regular sugar has become a major cause of several lifestyle disorders including obesity and diabetes. This, in turn, has paved pathways for several chronic complications. All factors combined, are putting forth the need for low-calorie products, redirecting the demand for sugar towards mannitol in the beverages sector. Anticipating these trends, beverage manufacturers are actively leveraging sugar alcohol in their products.
Asia Pacific’s Mannitol Market to Forge Ahead
Asia Pacific is projected to slate dominance backed in global mannitol market by soaring consumption of mannitol across emerging economies. Growing health awareness among individuals, in nations such as India, and China, is boosting the overall demand for mannitol in the region. Altering food habits and a rise in health-conscious customers have increased the demand for packaged and convenience food items. Changes in dietary patterns have further accelerated the demand for artificial sweeteners. Against this backdrop, the region is set to flourish throughout the forecast period.
Key Market Players
Some of the major players in the global mannitol industry include EMD Millipore, Pfizer, Spectrum Chemical Manufacturing Corporation, Cargill Inc., Ingredion Incorporated, Zuchem Inc., Roquette Freres Company, Akhil Healthcare Pvt Ltd., SPI Pharma, Rongde Seaweed Co. Ltd., Qingdao Bright Moon Seaweed Group Co., Hebei Huaxu Pharmaceutical Co. Ltd., SPI Polyols Inc., Singsino Group Ltd., Moga International Ltd., and Yuanrun Chemical.
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