Rockville, March 10, 2025 (GLOBE NEWSWIRE) — According to a new industry report by Fact.MR, revenue from the global sugar alcohol market reached US$ 1.39 billion in 2024 and further increase at a CAGR of 5.9% from 2024 to 2034. Increasing number of people suffering from diabetes across the world and more individuals looking to cut back on sugar intake are key factors driving the demand growth for sugar alcohol.
Consumption of food and drinks prepared with sugar alcohols rather than ordinary sugar is rising due to the rising prevalence of diabetes, as these products are detrimental to those who already have such a condition. A lot of people have begun using sugar alcohol to manage their weight and blood sugar levels. Sugar alcohols are becoming popular replacements for sucrose and high-fructose corn syrup because they add sweetness without having the same negative metabolic effects.
The market for sugar alcohol is growing at a steady pace as a result of consumers’ growing interest in it as they choose healthier and lower-calorie foods over ordinary sugar. The food & beverages industry is extensively using sugar alcohol to produce products with clean-label ingredients.
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Key Takeaways from Market Study
- The global market for sugar alcohol is projected to reach US$ 2.46 billion by 2034-end.
- North America is estimated to hold 23.9% of the global market share in 2024.
- The market in the United States is analyzed to generate revenue worth US$ 273 million by 2034.
- Revenue from the application of sugar alcohol in bakery goods is projected to reach US$ 465.6 million by 2034.
- The market in South Korea is calculated to expand at a CAGR of 6.6% through 2034.
- The market in China is forecasted to reach US$ 270.3 million by the end of 2034.
- Based on end use, the pharmaceuticals segment is expected to hold 36.4% of the global market share in 2024.
“Sugar alcohol is a low-calorie and low-glycemic sweetening alternative to regular sugars, making it appealing to consumers who are health-conscious and seeking to regulate their …