Germany Mannitol Market Size, Share, and COVID-19 Impact Analysis, By Form (Powder, and Crystal), By Application (Food Additive, Pharmaceuticals, Industrial and Surfactants), and Germany Mannitol Market Insights Forecasts 2023 - 2033
Industry: Chemicals & MaterialsGermany Mannitol Market Insights Forecasts to 2033
- The Germany Mannitol Market Size was Estimated at USD 22.92 Million in 2023
- The Market Size is Growing at 2.59% CAGR from 2023 to 2033.
- The Germany Mannitol Market Size is Expected to Reach USD 29.6 Million by 2033.
Get more details on this report -
The Germany Mannitol Market Size is Expected to Reach USD 29.6 Million by 2033, Growing at an 2.59% CAGR from 2023 to 2033.
Market Overview
The Germany mannitol market represents the demand and supply of mannitol, a sugar alcohol, within the German economy. It's a market influenced by multiple factors, such as the use of mannitol as an excipient and filler in drug formulation by the pharmaceutical industry, and the possible applications in foods and other industries. Mannitol is often used in foods for diabetics because it causes an infinitely lower rise in blood glucose than sucrose. The market is expanding as a result of an increasing incidence of diabetes and obesity, which is driving up demand for nutritious food. The use of mannitol in infant formula, butter, frozen fish, and precooked pasta is also expanding. The demand for artificial sweeteners like mannitol is further supported by rising consumer demand for low- and zero-calorie products brought on through modifications to diets and growing health consciousness. Mannitol is applied as a bulking agent for tablets, due to the increasing oral solid dosage drugs in the market, osmotic diuretic in renal and cardiovascular treatment, and stabilizer in injectables, all of which are fueling the increase in the mannitol market in pharma.
Report Coverage
This research report categorizes the market for Germany mannitol market based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Germany mannitol market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Germany mannitol market.
Germany Mannitol Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 22.92 Million |
Forecast Period: | 2023 - 2033 |
Forecast Period CAGR 2023 - 2033 : | 2.59% |
2033 Value Projection: | USD 29.6 Million |
Historical Data for: | 2019 - 2022 |
No. of Pages: | 240 |
Tables, Charts & Figures: | 100 |
Segments covered: | By Form, By Application |
Companies covered:: | La Roquette, Roquette Frères, SPI Pharma, Merck KGaA,, Freund Corp, Cargill, Ingredion, Hebei Huaxu Pharmaceutical Co., Ltd, Singsino Group Ltd., and Others |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
Get more details on this report -
Driving Factors
One of the major driving factors of mannitol induces a significantly lower rise in blood glucose than sucrose, which is why it is favored in diabetic patient foods. Increased cases of diabetes and obesity are propelling the demand for healthy foods, hence the growth of the market. Moreover, mannitol application in products like butter, frozen fish, pre-cooked pasta, and infant formula is on the rise. Increasing consumer demand for zero- and low-calorie food, driven by evolving diets and increased health consciousness, is further boosting demand for artificial sweeteners like mannitol.
Restraining Factors
The market is restrained by the manitol used in various foods, which causes regular sugar to contribute more calories, prompting more customers to keep their calorie, carbohydrate, and sugar consumption in check because of the increasing incidence of lifestyle diseases like diabetes and obesity. This has prompted drinks manufacturers to use sugar alcohol to meet this trend, increasing demand for sugar alcohol in the drinks market.
Market Segment
- The powder segment held the highest share in 2023 and is estimated to grow at a significant CAGR during the forecast period.
Based on the form, the Germany mannitol market is divided into powder and crystal. Among these, the powder segment held the highest share in 2023 and is estimated to grow at a significant CAGR during the forecast period. This is driving market demand through versatility, stability, and therapeutic integration. Stably developing mannitol market driven by growth in demand for low-caloric synthetics, stabilizers, and excipients across various industries. Mannitol, a naturally occurring sugar alcohol (e.g., seaweed and fructose) used in food, pharmaceutical, and beverage sectors.
- The food additive segment accounted for the largest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe.
Based on application, the Germany mannitol market is divided into food additive, pharmaceuticals, industrial, and surfactants. Among these, the food additive segment accounted for the largest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe. This is due to changing consumer attitudes to engage in diet and lifestyle control. Additionally, producers are adding mannitol to a wide range of foods, such as confectionery, bakery, and beverages, to meet this demand. Rising cases of diseases like diabetes and obesity have raised the need for sugar substitutes like mannitol.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the Germany mannitol market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- La Roquette
- Roquette Frères
- SPI Pharma
- Merck KGaA,
- Freund Corp
- Cargill
- Ingredion
- Hebei Huaxu Pharmaceutical Co., Ltd
- Singsino Group Ltd.
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at regional, and country levels from 2023 to 2033. Spherical Insights has segmented the Germany mannitol market based on the below-mentioned segments:
Germany Mannitol Market, By Form
- Powder
- Crystal
Germany Mannitol Market, By Application
- Food Additive
- Pharmaceuticals
- Industrial
- Surfactants
Need help to buy this report?