Mannitol Market - Forecast(2021 - 2026)
Mannitol Market size is estimated to be $375 million in 2019, growing at a CAGR of 4.35% during the forecast period 2020-2025. Rapid urbanization, changing lifestyle aiming to reduce sugar consumption, kidney failure and cardiovascular disease is a major factor driving the Mannitol market during the forecast period 2020-2025.In addition the rising use of mannitol in bakery & confectionary, pharmaceuticals and in various application is also contributing to its market growth. Moreover, mannitol is an osmotic diuretic that is metabolically inert in humans and occurs naturally as a sugar or sugar alcohol in fruits and vegetables. Mannitol elevates blood plasma osmolality, resulting in enhanced flow of water from tissues, including the brain and cerebrospinal fluid into interstitial fluid and plasma. As a result, cerebral edema elevated intracranial pressure and cerebrospinal fluid and volume and pressure may be reduced. In addition mannitol can be used in the promotion of diuresis before irreversible renal failure becomes established; the promotion of uric excretion of toxic substances, as an anti-glaucoma and as a renal function in diagnostic aid. In addition the use of mannitol injection to reduce swelling and pressure inside the eye or around the brain is also contributing to its market growth. Furthermore, the use of meropenem, labetalol, citric acid as medication and stevia as a sweetener agent is further contributing to its market growth.
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Report Coverage
The report: “Mannitol Market Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Mannitol Market.
By Form- Powdered, Granular, Capsule and Others.
By Application – Food, Pharmaceuticals, Medical, Chemical Industries and Others.
By Geography- North America, Europe, Asia-Pacific and RoW.
Key Takeaways
By Powdered Form accounted for the largest market share in 2019 owing to its benefits in the production of confectionary, baked goods and chocolates where products tends to become harden or dry.
By application, pharmaceuticals are projected to be the fastest growing segment with a CAGR of 4% during the forecast period 2020-2025. This is owing to the rise in use of Mannitol as an excipient in medicine formulations.
In 2019, North America dominated the Mannitol Market owing to the rising geriatric population along with the increasing diabetes patients, increasing health concerns along with a better healthcare structure is a major factor driving its market growth.
Increasing incidence of chronic diseases leading to diabetes and other cardiovascular diseases is a major driving the Mannitol Market during the forecast period 2020-2025
By Form- Segment Analysis
By Powdered Form accounted for the largest market share in 2019 owing to its benefits in the production of confectionary, baked goods and chocolates where products tends to become harden or dry. Its moisture stabilizing protects these products from drying and maintaining its initial freshness during storage. In addition mannitol is a stable and chemically unreactive compound and can withstand high temperature and not participate in browning reactions. This is an advantage, for example in the production of cookies where is fresh color with no appearance of browning is desired. These are the key factors driving the Mannitol Market during the forecast period 2020-2025.
By Application- Segment Analysis
Food accounted for the largest market share in 2019 owing to the benefits as a sweetener as it is added to a wide range of products from ‘sugar free’ foods and beverages, through protein powders, baked goods and chewing gum. It is also added to some liquid medicine such as cough syrup, cold medicine, pain relief etc. Furthermore, increasing diabetes patients and the demand of sugar free products is contributing to its market growth as mannitol can provide sweetness to the food without increasing the blood sugar as much as sucrose.
North America accounts for 32% of the Mannitol Market share in 2019. Rising geriatric population along with the increase in the diabetes patients, increasing health concerns along with the growing demand of advanced mannitol products and a better healthcare structure is a major factor propelling its market growth. Furthermore, the presence of major players in that region is further contributing to its market growth. Moreover, according to the World Health Organization about 422 million people worldwide have diabetes, the majority living in low and middle-income countries and 1.6 million deaths are directly attributed to diabetes each year. Both the number of cases and prevalence of diabetes have been steadily increasing over the past few decades.
Drivers – Mannitol Market
Increasing incidence of chronic diseases
Increasing incidence of chronic diseases leading to diabetes and other cardiovascular diseases is a major driving the Mannitol Market during the forecast period 2020-2025.Futhermore, the growing diabetes patients and their will to adapt to different types of sugar-free products is propelling the demand of Mannitol Market during the forecast period 2020-2025. Moreover, according to the World Health Organization about 422 million people worldwide have diabetes particularly in low and middle-income countries and 1.6 million deaths are directly attributed to diabetes each year.
Increasing Demand of Mannitol in Food
Increasing Demand of Mannitol in foods such as bakery & Confectionary & chewing gums is a major factor driving the Mannitol Market during the forecast period 2020-2025.Its most common application in chewing gums both as a sweetener and powder to keep pieces of gum from sticking to its wrapping and machinery.in addition it is a useful component in chocolate coating for ice creams and sweets owing to its high melting point and color retention at high temperatures.
Challenges – Mannitol Market
Side-Effects of Mannitol Medications
Side-Effects of Mannitol Medications serves as a major setback for the growth of the Mannitol Market during the forecast period 2020-2025.Pulmonary congestion, fluid and electrolyte imbalance, acidosis, electrolyte loss, dryness of the mouth, thirst, marked diuresis, urinary retention, edema, headache , blurred vision and angina-like chest pain are some of its side-effects. Furthermore, reaction occur since the solution or the technique of administration include febrile response, infection at the site of injection or phlebitis extending from the site of injection, extravasation and hypervolemia.
We also publish more than 100 reports every month in "Food and Beverage", Go through the Domain if there are any other areas for which you would like to get a market research study.
Report Coverage
The report: “Mannitol Market Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Mannitol Market.
By Form- Powdered, Granular, Capsule and Others.
By Application – Food, Pharmaceuticals, Medical, Chemical Industries and Others.
By Geography- North America, Europe, Asia-Pacific and RoW.
Key Takeaways
By Powdered Form accounted for the largest market share in 2019 owing to its benefits in the production of confectionary, baked goods and chocolates where products tends to become harden or dry.
By application, pharmaceuticals are projected to be the fastest growing segment with a CAGR of 4% during the forecast period 2020-2025. This is owing to the rise in use of Mannitol as an excipient in medicine formulations.
In 2019, North America dominated the Mannitol Market owing to the rising geriatric population along with the increasing diabetes patients, increasing health concerns along with a better healthcare structure is a major factor driving its market growth.
Increasing incidence of chronic diseases leading to diabetes and other cardiovascular diseases is a major driving the Mannitol Market during the forecast period 2020-2025
By Form- Segment Analysis
By Powdered Form accounted for the largest market share in 2019 owing to its benefits in the production of confectionary, baked goods and chocolates where products tends to become harden or dry. Its moisture stabilizing protects these products from drying and maintaining its initial freshness during storage. In addition mannitol is a stable and chemically unreactive compound and can withstand high temperature and not participate in browning reactions. This is an advantage, for example in the production of cookies where is fresh color with no appearance of browning is desired. These are the key factors driving the Mannitol Market during the forecast period 2020-2025.
By Application- Segment Analysis
Food accounted for the largest market share in 2019 owing to the benefits as a sweetener as it is added to a wide range of products from ‘sugar free’ foods and beverages, through protein powders, baked goods and chewing gum. It is also added to some liquid medicine such as cough syrup, cold medicine, pain relief etc. Furthermore, increasing diabetes patients and the demand of sugar free products is contributing to its market growth as mannitol can provide sweetness to the food without increasing the blood sugar as much as sucrose.
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Geography- Segment Analysis
Geography- Segment Analysis
North America accounts for 32% of the Mannitol Market share in 2019. Rising geriatric population along with the increase in the diabetes patients, increasing health concerns along with the growing demand of advanced mannitol products and a better healthcare structure is a major factor propelling its market growth. Furthermore, the presence of major players in that region is further contributing to its market growth. Moreover, according to the World Health Organization about 422 million people worldwide have diabetes, the majority living in low and middle-income countries and 1.6 million deaths are directly attributed to diabetes each year. Both the number of cases and prevalence of diabetes have been steadily increasing over the past few decades.
Drivers – Mannitol Market
Increasing incidence of chronic diseases
Increasing incidence of chronic diseases leading to diabetes and other cardiovascular diseases is a major driving the Mannitol Market during the forecast period 2020-2025.Futhermore, the growing diabetes patients and their will to adapt to different types of sugar-free products is propelling the demand of Mannitol Market during the forecast period 2020-2025. Moreover, according to the World Health Organization about 422 million people worldwide have diabetes particularly in low and middle-income countries and 1.6 million deaths are directly attributed to diabetes each year.
Increasing Demand of Mannitol in Food
Increasing Demand of Mannitol in foods such as bakery & Confectionary & chewing gums is a major factor driving the Mannitol Market during the forecast period 2020-2025.Its most common application in chewing gums both as a sweetener and powder to keep pieces of gum from sticking to its wrapping and machinery.in addition it is a useful component in chocolate coating for ice creams and sweets owing to its high melting point and color retention at high temperatures.
Challenges – Mannitol Market
Side-Effects of Mannitol Medications
Side-Effects of Mannitol Medications serves as a major setback for the growth of the Mannitol Market during the forecast period 2020-2025.Pulmonary congestion, fluid and electrolyte imbalance, acidosis, electrolyte loss, dryness of the mouth, thirst, marked diuresis, urinary retention, edema, headache , blurred vision and angina-like chest pain are some of its side-effects. Furthermore, reaction occur since the solution or the technique of administration include febrile response, infection at the site of injection or phlebitis extending from the site of injection, extravasation and hypervolemia.
We also publish more than 100 reports every month in "Food and Beverage", Go through the Domain if there are any other areas for which you would like to get a market research study.
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