Published Date : 19 Sep 19 | Views: 143 | Industry : Chemical & Material
Food Industry to Gain a Major
Share in the Meso-Erythritol Market
As far as the application is
concerned, the meso-erythritol market is divided as food industry,
pharmaceuticals industry, cosmetics industry, and others. Food industry is
expected enjoy a greater market share in the coming years owing to increasing usage
of meso-erythritol as a sweetener in foods. The global meso-erythritol market
is divided on the basis of product as 20-30 Mesh, 30-60 Mesh, 60-80
Mesh, 100 Mesh, and others.
America to Witness Significant Growth in Future
America is anticipated to grab a substantial market share in the forthcoming
years owing to rising production of meso-erythritol in the US. Surge
in the consumption and growing health awareness among the consumers are some of
the other key factors fuelling the market growth in this region. Japan is one
of the key producers of meso-erythritol, which is anticipated have a positive
impact on the market growth in Asia Pacific in the near future. Meso-erythritol
is also considered to be one of the direct food ingredients in this country.
Key Participants to Have a
Strong Footing in the Meso-Erythritol Market
Shandong Sanyuan Biotechnology, Cargill,
Mitsubishi, Baolingbao Biology, Zhongshun Sci. &Tech., Nikken Chemical, and
Futaste are some of the key players operating in the global meso-erythritol market.
Manufacturers in the industry are taking steps to modify the meso-erythritol
production with the help of cost-effective substrates and metabolic engineering
strategies with an aim to enhance overall output.
Increasing Approval of Meso-Erythritol
Usage in the Food Industry
It has been observed that the use
of meso-erythritol in foods has been increasingly approved in most of the
countries, which, in turn, is acting as a key driver in the market. Moreover, meso-erythritol
is gaining traction among people with diabetes or obesity due to its zero
calorie content. It can also be used to make sugar-free alternatives due to its
sensory characteristics such as flavor, texture, and color.
Increasing consumer preference for meso-erythritol as a natural sweetener over artificial sweeteners is projected to have a positive influence on the demand for the product in the near future. Advancements in meso-erythritol production is expected to open up new avenues for the market players. However, high retail price of meso-erythritol as a sweetener is acting as a restraint in the meso-erythritol market growth.
For further information, click: https://www.qyrconsulting.com/reports/meso-erythritol-market