Mannitol Market SWOT Analysis, Business Growth Opportunities by Top Companies, Future Challenges, Competitive Strategies and Forecast to 2031
The global mannitol market sales are set to grow at over 6.9% CAGR during the forecast period of 2021 and 2031, estimates ESOMAR-certified consulting firm Future Market Insights. Rising prevalence of diabetes across the globe is increasing the adoption of mannitol as an alternative of sugar. As it is a low-calorie sweetener and is non-cariogenic, consumers are preferring mannitol as an alternative to sugar, increasing the consumption in food & beverages as well as pharmaceutical industry. Demand for clean-label and low calorie food sweetener is spurring the growth of mannitol market, especially across Latin America and Asia Pacific . According to the FMI’s analysis, countries such as Brazil , India , and China are expected to emerge as highly lucrative market during the forecast period. As per FMI’s study, China is anticipated to register over 51% of sales in East Asia , while India is dominating the South Asia mannitol market with a market share of over 46% durin