Polyglycitol industry analysis is
covered in this latest research report that aims to help those taking daily
business decisions by providing market trends information, competitive
landscape scenario, forecasts and more.
Polyglycitol market can be classified on the
basis of product type, applications and region. On the basis of product type,
polyglycitol market is segregated into lumps, powder and liquid syrup. Its
properties indicate that the product is highly water soluble and slightly
soluble in ethanol.
Considering the applications, polyglycitol
market is segmented into bulking agents, stabilizers, humectants, sweeteners,
and texturizer. Bulking agents are additives that increase the volume of the
food without affecting its taste. Stabilizers help the ingredients to blend properly
and stay homogenous. Similarly, humectants are used in food to retain its
moisture. Increase in the demand for convenience foods due to changing
lifestyles and shift in eating habits has led to a demand for these additives.
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Global
Polyglycitol Market size is set to witness an exponential growth in the
forecast years owing to its wide use as a bulking agent in sugar-free, dried,
and frozen foods. The product is also known as hydrogenated starch hydrolysate
and is found in the form of viscous, transparent, odorless, and colorless
liquid or in white crystalline lumps.
Sugar free
products are on an increasing demand among the global population providing the
polyglycitol market its roots to grow. Sudden changing lifestyles has had a
serious impact on the eating habits of people globally. Over the last decade,
higher per capita income and increasing standard of living has abled the
population to binge upon unhealthy and junk food products. This has been the
root cause to almost all the lifestyle related diseases such as diabetes and
obesity. According to a survey conducted by the World Health Organization
(WHO), the seventh foremost reason for death by 2030 is anticipated to be
diabetes. Sugar has caloric properties that gradually has a fattening effect.
These aspects have jointly forced the consumers replace sugar with non-sugar
sweeteners. Health consciousness in people is observed to be increasing which
gradually makes them shift to these products, hence propelling the overall
polyglycitol market.
As the
number of overweight and obese people is rising by the day, polyglycitol market
may have strong opportunities in the coming years. According to WHO, in 2014,
more than 1.9 billion adults were overweight worldwide, of which more than 600
million were considered obese. Obesity is observed in not only adults but also
in children and teenagers. The worldwide percentage of obesity has more than
doubled between 1980 to 2014. Overweight and obesity is observed in not only
high income countries but has started in even middle and low income countries.
41 million children under the age of five years are facing obesity problems. In
low-income countries of Africa, the number of overweight or obese children have
doubled to 10.6 million in 2014 from 5.4 million in 1990.
Sudden
excessive intake or dose of polyglycitol can cause diarrhea and other
gastrointestinal diseases such as bloating, flatulence, and other abdominal
discomforts. Alternative sweetening options to avoid such diseases include
agave, dates, brown rice syrup, and coconut sugar. This may be considered as a
restraint for the polyglycitol market.
The rest of
the world is also projected to face an upswing in polyglycitol market owing to
the growing number of fitness conscious people focusing towards a healthier
lifestyle. Asia Pacific is also on a rising number of obesity. In Asia Pacific,
the countries like India and Vietnam have a lower obese population as compared
to China and other countries.
The primary
players operating in the polyglycitol market include Pacific Coast Chemical
Co., Triveni Chemicals, Corn Products International, Inc., Ingredion, Hangzhou
Dayangchem Co.Limited, Cargill Danisco Ltd. and Roquette Pvt. Ltd., to name
some.
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