New Product Launches & Developments to Expand their Market Share in the Polyol Sweeteners Market.
The polyol sweeteners market is projected to grow at a CAGR of 5.9% from 2017 to 2022. Growth in awareness regarding the functionalities of polyol sweeteners in the pharmaceutical application, rise in consumer demands for low-calorie and healthier food & beverage products, and economic factors influencing the demand for polyol sweeteners are some of the factors driving the market. The key market players have adopted strategies such as agreements and new product launches & developments to expand their market share in the polyol sweeteners market. The key players that adopted these strategies are Cargill (U.S.), E.I. du Pont de Nemours and Company (U.S.), Archer Daniels Midland Company (U.S.), and Roquette Frčres S.A. (France). Other players in the industry include Tereos Starch & Sweeteners (France), Südzucker AG (Germany), and Ingredion Incorporation (U.S.)
Cargill
Cargill is involved in the manufacture and marketing of food, agricultural, financial, and industrial products and services. The company’s key business segments include specialty food ingredients & applications and bulk ingredients. It offers a wide range of polyol sweeteners under the pharmaceuticals segment, including sorbitol, erythritol, isomalt, maltitol, mannitol, and starches. The company offers food ingredients through the food & beverage ingredients business segment, which has a diverse portfolio of specialty ingredients, ingredient systems, and finished food systems. In order to strengthen its business in the polyol sweeteners market, the company has adopted strategic investments; for instance, in 2016, Cargill invested USD 35 million to broaden the European sweetener choices, which enable the company to expand its polyol sweeteners market. It has R&D centers in Europe and North America, and provides services in Africa, Europe, Asia, Latin America, North America, and the Middle East; this enables it to have a significant global market presence. The key competitors of the company include Gulshan Polyols (India), Roquette Frčres S.A. (France), and Ingredion Incorporated (U.S.).
Roquette Frčres S.A.
Roquette Frčres S.A. manufactures starch & starch derivatives. It operates through different business segments such as human food & nutrition, pharmaceuticals, paper & cardboard, chemistry & bioindustry, and animal nutrition. The company’s product portfolio includes starch products, sugars & dietary fibers, polyols, derivatives of fermentation, proteins & its derivatives, fibers, oils & soluble products, and bioethanol. Under the polyols product segment, it offers maltitol, xylitol, mannitol, and sorbitol sweeteners for different applications. In March 2017, the company launched a new range of polyol sweeteners in the global market to increase its portfolio of different products such as maltitol, sorbitol, and isomalt.
Roquette has a business presence in Europe, America, Africa, the Middle East, and Asia-Pacific. It operates globally through its subsidiaries such as Roquette America Inc. (U.S.), Roquette U.K. Ltd (U.K.), Bioprodukte Prof. Steinberg (Germany), and Roquette Italia S.p.A. (Italy).
Related Reports:
Polyol Sweeteners Market by Type (Sorbitol, Maltitol, Isomalt, Erythritol, Xylitol), Application (Bakery & Confectionery, Oral Care, Pharmaceuticals, Beverages, Dairy), Form (Powder/Crystal, Liquid/Syrup), and Region - Global Forecast to 2022
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