U.S. Polyols Market: Introduction
In terms of value, the polyols market in the U.S. is anticipated to expand at a CAGR of ~3% from 2019 to 2027 and reach value of ~US$ 1.3 Bn by 2027. Polyols sweeteners do not produce the same acids that sugar does when in contact with mouth bacteria. This means that artificial sweeteners do not produce enamel-destroying acids. Xylitol is an example of polyols sweetener that can benefit dental health. Xylitol helps prevent bacteria from adhering to the tooth surface, thus preventing plaque formation and decay. Thus, rise in awareness about oral care has led to an increase in demand for xylitol. This is boosting the demand for polyols.
U.S. Polyols Market: Key Drivers and Restraints
Rise in awareness about healthy food and increase in demand for food and beverages across the U.S. are driving the demand for polyols in the food & beverages industry in the country. Besides their clean, sweet taste, and unique functional properties, polyols offer important health benefits. They carry low amount of calories and do not cause a sudden spike in blood sugar levels. Additionally, polyols have proven benefits in terms of dental health, improved glycemic control, and calorie-reduction. These properties make them a unique asset in healthy food formulation. Thus, increase in consumption of food and beverages is boosting the polyols market in the U.S.
Almost half (47%) the number of consumers in the U.S. do not prefer genetically modified or bioengineered foods (GMO). About one-fifth of consumers in the country check package labels specifically for GMO ingredients, and nearly two-thirds think it is important for grocery stores to stock non-GMO products. Thus, rise in trend of using non-GMOs products has augmented the demand for polyols in the U.S. The xylitol sector, particularly in the U.S., is expected to expand significantly if price and supply limitations are removed. Various manufacturers such as zuChem have designed a proprietary technique to overcome supply constraints by removing the requirement for pure xylose, while also providing a significant cost of goods advantage. Some polyols, such as isomalt and erythritol, are expensive than other polyols such as sorbitol and xylitol. Thus, factors mentioned above are anticipated to hamper the polyols market in the U.S. during the forecast period.
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U.S. Polyols Market: Competition Landscape
Major manufacturers of polyols include Ingredion Incorporated, Cargill, Inc., Roquette Frères, and Archer Daniels Midland Company. Ingredion Incorporated is a leading provider of ingredient solutions in the U.S. Its sweetener products include glucose syrups, high maltose syrups, high fructose corn syrups, caramel colors, dextrose, polyols, maltodextrin, and glucose and syrup solids. Cargill, Inc. is one of the leading producers of polyols in the world. It offers a wide range of polyols such as sorbitol, maltitol, mannitol, xylitol, erythritol, glycerin, and isomalt for various industrial applications.
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