SAN FRANCISCO, June 16, 2016 /PRNewswire/ --
The global mannitol market is expected to reach USD 418.3 million by 2024, according to a new report by Grand View Research, Inc. Increasing demand for confectionery and bakery products such as candies, chewing gums and lozenges is expected to drive the market growth.
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Mannitol is used for coating these products and also has less calorie content compared to sugar. It is widely used in sugar-free products on account of its non-hygroscopic nature and is also consumed primarily by patients suffering from diabetes.
Rising geriatric population base who do not have ready access to water at times, use mannitol-derived chewing gums. Such a trend is expected to aid the overall market over the forecast period. Owing to properties such as cooling sensation in the mouth, good aqueous solubility and lesser sensitivity towards humidity, mannitol is widely used in food grade application.
However, excessive consumption of mannitol may cause laxative effect among human beings. Such a trend is anticipated to negatively impact the global demand along with its prices over the future years.
Various regulations have been issued by European and the U.S. governments such as E421, which have been favorable to the industry growth over the next eight years. Moreover, there have been lots of technological advances in recent past to produce cheaper raw materials such as inulin which is a polymer of fructose and derived from plant tubers. These are expected to create new avenues for industry participants.
Browse full research report with TOC on "Mannitol Market Analysis By Application (Food Additive, Pharmaceuticals, Industrial, Surfactants) And Segment Forecasts To 2024" at: http://www.grandviewresearch.com/industry-analysis/mannitol-market
Further key findings from the report suggest:
Grand View Research has segmented the global mannitol market on the basis of application and region:
Browse related reports by Grand View Research:
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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