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Steady Growth in the Global Mannitol Market: Achieving USD 651.12 Million by 2032 with a 4.5% CAGR

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Steady Growth in the Global Mannitol Market: Achieving USD 651.12 Million by 2032 with a 4.5% CAGR

December 07
21:16 2023
Steady Growth in the Global Mannitol Market: Achieving USD 651.12 Million by 2032 with a 4.5% CAGR
Global Mannitol Market 2024-2032
Significant expansion in the global mannitol market is being driven by its increasing popularity as a food additive. Additionally, the surge in diabetes cases worldwide is bolstering the demand for mannitol, as it does not substantially elevate blood sugar levels. This makes it a widely sought-after sweetener among individuals with diabetes.

Mannitol Market Outlook

 

According to the report by Expert Market Research (EMR), the global mannitol market size is projected to grow at a CAGR of 4.5% between 2024 and 2032. Aided by the surge in demand for mannitol across various industries, the market is expected to grow significantly by 2032. 

Mannitol, a type of sugar alcohol, is widely known for its unique properties like low caloric value, non-hygroscopic nature, and high sweetness profile. It finds extensive applications in pharmaceuticals, food and beverage, and personal care industries, making it an indispensable ingredient in numerous products.

 

Get a Free Sample Report with Table of Contents@ https://bityl.co/Mnxg

 

The pharmaceutical sector plays a pivotal role in driving the mannitol market growth. Mannitol is extensively used as a diuretic agent in medicines, a bulking agent in tablets, and as a sweetener in oral solutions. Its ability to promote diuresis in acute kidney failure and to reduce intracranial pressure and cerebral edema makes it a crucial medicinal ingredient.

 

In the food and beverage industry, the increasing demand for sugar-free and low-calorie sweeteners is propelling the use of mannitol. It is widely used in the production of sugar-free candies, chewing gums, and diabetic-friendly food products. Additionally, its tooth-friendly properties make it a preferred sweetener in oral health products.

 

The rise in health consciousness among consumers is another significant factor driving the mannitol market demand. With increasing awareness about the adverse effects of sugar and high-calorie diets, there is a growing preference for mannitol as a healthier alternative.

 

Regionally, North America and Europe hold significant shares in the mannitol market, owing to the well-established pharmaceutical and food processing industries in these regions. However, the Asia Pacific region is expected to witness the fastest growth due to the increasing demand for pharmaceutical products and the rising health awareness among consumers.

 

Read Full Report with Table of Contents@ https://bityl.co/Mnxe

 

Innovation in production processes to enhance purity and reduce production costs is one of the key mannitol market trends. Manufacturers are also focusing on sustainable and eco-friendly practices, considering the environmental impact of production processes.

 

The market for mannitol is expected to witness significant growth in the coming years, with an increasing number of applications in diverse industries. Advances in production technology and the development of new applications in emerging sectors such as nutraceuticals are likely to provide additional impetus to the market growth.

 

Mannitol Market Segmentation

 

The market can be divided based on form, application, and region.

 

Market Breakup by Form

 

  • Powder

 

  • Granular

 

Market Breakup by Application

 

  • Food Industry

 

  • Industrial

 

  • Surfactants

 

  • Pharmaceuticals

 

  • Personal Care

 

  • Others

 

Market Breakup by Region

 

  • North America

 

  • Europe

 

  • Asia Pacific

 

  • Latin America

 

  • Middle East and Africa

 

Competitive Landscape

 

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global mannitol market. Some of the major players explored in the report by Expert Market Research are as follows:

 

  • Cargill, Incorporated

 

  • Pfanstiehl, Inc.

 

  • SPI Pharma, Inc.

 

  • Lyondellbasell Industries N.V.

 

  • Roquette Frères S.A.

 

  • Others

 

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About Us

 

Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.

 

Our high-quality, data-driven analysis provides the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today’s competitive market.

 

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