Epoxy curing agent News my country’s sugar alcohol market is highly concentrated and the industry has broad development prospects

my country’s sugar alcohol market is highly concentrated and the industry has broad development prospects

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my country's sugar alcohol industry has broad development prospects, high market concentration, and obvious advantages of leading companies

Sugar alcohols are polyols containing more than two hydroxyl groups. They are produced by reducing the ketone or aldehyde groups on monosaccharides to hydroxyl groups. Sugar alcohols have strong acid resistance, heat resistance, good taste, water retention, and can resist dental caries. , is not prone to Maillard reaction, and has some characteristics of sugar. It can be used as a low-calorie sweetener to replace sugar. It is widely used in beverages, food, medicine, chemicals, health products, daily chemicals and other fields.
According to the “my country Sugar Alcohol Industry Market Monitoring and Future Development Prospects Research Report 2023-2027” released by the Industrial Research Center, In recent years, as the income level of our country’s residents has increased, the public has paid more attention to their own health, and their consumption and dietary concepts have gradually changed. Natural, healthy, nutritious, and low-sugar products are deeply loved by the public, driving the development of food, beverages, and health care products. There is a huge demand for sugar alcohols in food and other fields. Sugar alcohols have great potential for future development, and the market size continues to expand. From 2018 to 2022, my country’s sugar alcohol market has achieved continuous growth, rising from 5.84 billion yuan in 2018 to 10.19 billion yuan in 2022, with a compound annual growth rate of 15.0%.
The sugar alcohols currently on the market mainly include sorbitol, maltitol, erythritol, lactitol, mannitol, xylitol, crystallized sorbitol, liquid xylitol and other types. Among them, sorbitol ranks first in my country’s sugar alcohol production. The annual output will exceed 1 million tons in 2020, accounting for approximately 73% of my country’s sugar alcohol production. Crystallized sorbitol, liquid maltitol, xylitol, and mannitol The output ranks second to fifth in my country’s sugar alcohol production respectively.
From the perspective of the application of sugar alcohols, sorbitol has a refreshing sweetness, the sweetness is about half that of sucrose, and the calories are not much different from sucrose. It is mainly used in the production of toothpaste, cosmetics, washing products, processing of aquatic products and vitamins. C and the preparation of chemical alcohols. Xylitol is widely found in vegetables, fruits, and cereals, and is mainly used in chewing gum, papermaking, emulsifiers, surfactants, alkyd resins, demulsifiers, coatings and other industries. Erythritol has good taste, high sweetness, and only accounts for one-tenth of the calories of sucrose. It is mainly used in the production of sugar-free drinks, candies, cakes and other foods. Maltitol has good amorphous properties and can improve the consistency of food. It is mainly used in the production and manufacturing of cold drinks, juice, chocolate, ice cream and other foods. In addition, it can also be used as a nutritional supplement to assist in the treatment of diabetic patients.
Industry Analysts said that at present, my country’s sugar alcohol industry has a high market concentration, and sugar alcohol production is mainly concentrated in East and North China. , the output almost comes from Shandong, Zhejiang, Jiangsu, Guangdong and Hebei provinces. my country’s leading sugar alcohol production companies have obvious advantages. Shandong Tianli Pharmaceutical, Roquette (China) Nutritional Foods, Zhaoqing Huanhuan, Shandong Tongchuang, Shandong Luzhou, and Zhejiang Huakang are the main sugar alcohol production companies in my country. Among them, Shandong Tianli Pharmaceutical’s sugar alcohol production ranks first among enterprises, accounting for approximately 37.8% of the total production.
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