What is Global Meso-Erythritol Market?
The Global Meso-Erythritol Market is a fascinating sector of the global economy that focuses on the production and distribution of Meso-Erythritol, a type of sugar alcohol used as a food additive and sugar substitute. This market is a significant part of the global food and beverage industry, contributing to the production of a variety of products, from baked goods to beverages. The market's value was estimated at US$ 316.6 million in 2022, and it is projected to reach US$ 349.4 million by 2029, growing at a compound annual growth rate (CAGR) of 1.4% from 2023 to 2029. This growth is driven by increasing consumer demand for healthier, low-calorie food options, as well as the versatile applications of Meso-Erythritol in various industries. The market is dominated by five major manufacturers: Cargill, Mitsubishi, Nikken-chemical, Baolingbao Biology, and Shandong Sanyuan Biotechnology, which collectively held approximately 85% of the market share.
20-30 Mesh, 30-60 Mesh, 60-80 Mesh, 100 Mesh, Others in the Global Meso-Erythritol Market:
The Global Meso-Erythritol Market is segmented based on the mesh size of the product, including 20-30 Mesh, 30-60 Mesh, 60-80 Mesh, 100 Mesh, and others. Each of these segments represents a different level of granularity of the product, which can affect its texture and solubility, and therefore its suitability for different applications. The 20-30 Mesh segment, for example, consists of larger particles and is often used in applications where a coarser texture is desired, such as in baking. The 30-60 Mesh and 60-80 Mesh segments, on the other hand, consist of medium-sized particles and are typically used in applications where a balance between texture and solubility is required. The 100 Mesh segment consists of the finest particles and is often used in applications where a smooth texture and high solubility are desired, such as in beverages. The "Others" segment includes all other mesh sizes not specifically mentioned. Each of these segments contributes to the overall value of the Global Meso-Erythritol Market, and their relative market shares can vary depending on consumer preferences and industry needs.
Food Industry, Pharmaceuticals Industry, Cosmetics Industry, Others in the Global Meso-Erythritol Market:
The Global Meso-Erythritol Market finds its applications in various industries including the Food Industry, Pharmaceuticals Industry, Cosmetics Industry, and others. In the Food Industry, Meso-Erythritol is used as a low-calorie sweetener in a variety of products, from baked goods to beverages, due to its sweet taste and low caloric content. In the Pharmaceuticals Industry, it is used as an excipient in various pharmaceutical formulations, due to its excellent solubility and non-reactivity. In the Cosmetics Industry, it is used as a humectant and skin conditioning agent in various skincare and personal care products, due to its moisturizing properties. Other industries that use Meso-Erythritol include the chemical industry, where it is used as a raw material in the production of certain chemicals, and the animal feed industry, where it is used as a feed additive. Each of these industries contributes to the overall demand for Meso-Erythritol, and their relative market shares can vary depending on industry trends and consumer preferences.
Global Meso-Erythritol Market Outlook:
The global Meso-Erythritol market, valued at US$ 316.6 million in 2022, is projected to reach a value of US$ 349.4 million by 2029. This represents a steady growth rate of 1.4% during the forecast period of 2023-2029. The market is primarily dominated by five key manufacturers - Cargill, Mitsubishi, Nikken-chemical, Baolingbao Biology, and Shandong Sanyuan Biotechnology. These companies collectively held a commanding market share of approximately 85%. The growth of the Meso-Erythritol market is largely driven by the increasing demand for healthier and low-calorie food options, as well as its versatile applications across various industries.
| Report Metric | Details |
| Report Name | Meso-Erythritol Market |
| Accounted market size in 2023 | US$ 316.6 million |
| Forecasted market size in 2030 | US$ 349.4 million |
| CAGR | 1.4% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Cargill, Mitsubishi, Nikken-chemical, Baolingbao Biology, Shandong Sanyuan Biotechnology, Zhongshun Sci. &Tech., Futaste |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
