The Mannitol Market Steady growth is forecast, with the overall rating being achieved US$390.9 million in 2021. According to FMI, mannitol Sales are expected to increase 6.8% CAGR during the assessment period. The overall growth forecast for the market remains positive until 2031.

Growth continues in response to growing consumer awareness of health and wellness. Along with this, FMI identifies the increasing demand for functional food and convenience food as the main growth driver.

Mannitol is a low-calorie sugar alcohol made from hydrogen and fructose. It can be found in strawberries, mushrooms, seaweed, onions, celery and squash. Mannitol’s natural profile and clear label will boost sales in the near future. These factors also distinguish it from similar artificial sweeteners.

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Artificial sweeteners have essentially supplanted sugar in the baking industry, particularly as emulsifiers in baking and confectionery. Mannitol is also used extensively as a sweetener in chewing gum. The mannitol market is also growing due to decreasing manufacturing costs and greater economic scale. Food applications of mannitol will continue to increase over the forecast period. According to the study, the food industry will account for over 44% of the mannitol market in 2021.

Key insights from the Mannitol market study

• The mannitol market will experience an impressive growth of 6.8% CAGR between 2021 and 2031, driven by the increasing demand for low-calorie sweeteners
• As consumers turn away from conventional sugar in baked goods amid rising diabetes cases, the US market will account for 64.1% of mannitol sales in North America
• The EU-4 will represent a lucrative market within Europe, accounting for 36% of mannitol sales in 2021
• Given the increasing demand for baked goods…