Polyol sweeteners market is slated for a significant growth in food and confectionery market. Growing consumer demand for reduced calorie and sugar-free products remains the stimulant factor behind introduction of sugar-free polyols. Worldwide market for polyols is projected to reach 4.6 billion pounds by 2012.
San Jose, CA (PRWEB) April 17, 2008 -- Polyols are extensively used in the manufacture of polyurethanes, which are in turn used in a wide range of applications. Renewable polyols, extracted from vegetables such as rapeseed, sunflower and soybeans are witnessing increasing demand in European countries. North America and Europe account for over 65% of the global polyol market, as stated in a recent report published by Global Industry Analysts, Inc. Food & confectionery market offers the highest growth opportunity for polyols. Health consciousness and trend of consuming low calorie food in developed markets are driving the growth of polyols in the food & confectionery market.
Worldwide, consumption of polyols in food & confectionery is expected to grow at a compounded annual rate of nearly 4% over the period 2001-2010. Polyols substitute commercial sugar as sweeteners in low calorie foods and confectionery without compromising on the final taste or appearance. Second generation polyol sweeteners such as maltitol, xylitol and lactitol are replacing first generation polyols such as sorbitol. Polyol demand in the United States is estimated at 1260 million pounds.
Major players in the marketplace include Arch Chemicals, BASF, Bayer, Cerestar, Chemtura, Corn Products Specialty, Dow Chemical, Huntsman Corp, Nanjing Hongbaoli, Perstorp AB, Roquette Freres, SINOPEC Shanghai Gaoqiao, Shell Chemicals and Stepan Co.
"Polyols: A Global Strategic Business Report", published by Global Industry Analysts, Inc., provides product profile, recent developments, profiles of major players and other strategic industry activities. Analysis is presented for major geographic markets such as US, Canada, Japan, France, Germany, Italy, the UK, Spain, Russia, Asia-Pacific, Middle East and Latin America. Analytics for the period 1991 through 2015 are provided in terms of end use segments including industrial applications, food & confectionery, pharmaceuticals, cosmetics and oral-care products.
For more details about this research report, please visit
http://www.strategyr.com/Polyols_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
Global Industry Analysts, Inc.
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