The worldwide isomalt market in 2022 was valued at US$ 1,013.7 million. According to Future Market Insights, sales are predicted to reach US$ 1,896.7 million by 2033. The market is expected to incline at a 6% CAGR from 2023 to 2033 to reach US$ 1,896.7 million.
The food and beverage sector makes extensive use of products from the worldwide isomalt market. Isomalt is resistant to moisture, has a low water absorption rate, and has a pleasantly lasting flavor. Because of these characteristics, isomalt products are frequently utilized in the production of sweets and chewing gum. The pharmaceutical industry uses products from the global isomalt market to create fast-dissolving disintegrating tablets (FDDTs). The worldwide isomalt market is expanding as a result of rising demand for isomalt-based drugs and granules.
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The global isomalt market is growing as more focus is being placed on preserving optimum health via nutrition, exercise, as well as ingestion of a healthy, sustainable diet. An increase in the number of people suffering from various lifestyle illnesses, such as overweight and diabetes is another element promoting this trend. The demand for processed meals with low sugar content has increased as a result of people’s rising health consciousness. Products made from sugar beet that are sold on the worldwide isomalt market are thought to be superior than sugar.
Isomalt can be used to patch initial oral cavity abnormalities. Saliva production is prompted by its sweet flavor, which lowers acidity and elevates the amount of calcium on the tooth’s surface. The remineralization of areas that were previously harmed by oral pH abnormalities brought on the eating of fermentable carbs is accelerated by these alterations. Factors as these will be responsible for propelling the growth of the global market for isomalt in the coming years.
Key Takeaways from the Market Study
- Global market for grape skin is expected to be valued at US$ 1,054 million by 2023
- From 2018 to 2022, the market demand expanded at a CAGR of 2.4%
- In 2022, the United States market to garner a 3.6% CAGR from 2023 to 2033.
- The market in China will likely rise at a 3.6% CAGR from 2023 to 2033
- India is predicted to possess a market share of 14.2% in 2023 for isomalt products
“Growing support for sustainability to protect the environment and worries about high-quality food goods give market participants more lucrative options in the global isomalt market.” remarks an FMI analyst.
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Competitive Landscape
Prominent players in the isomalt market are:
- BENEO GmbH
- Cargill, Inc.
- Merck KGaA
- Baolingbao Biology Co., Ltd
- Akhil Healthcare Pvt Ltd
- SINO Food Ingredients (SINOFI)
- KF Specialty Ingredients
- Wilmar BioEthanol
- Deiman SA de CV
- Quadra Chemicals Ltd
- A. Pharmachem Pvt. Ltd.
Some key developments of the leading companies in this market are:
- Cargill along with Continental Grain Company announced the completion of the previously announced acquisition of Sanderson Farms, Inc. in July 2022. A cooperative venture involving Cargill and Continental Grain carried out this. The purchase was announced in 2021.
- Effective on July 22, 2022, the stock of Sanderson Farms will no longer be traded on the NASDAQ as a consequence of the transaction’s completion. Cargill and Continental Grain joined Sanderson Farms alongside Wayne Farms, a Continental Grain subsidiary, to create a brand-new, privately held chicken company. The new company, Wayne-Sanderson Farms, will have its main office in Oakwood, Georgia.
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More Valuable Insights Available
Future Market Insights offers an unbiased analysis of the global isomalt market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.
To understand opportunities in the isomalt market, the report is segmented on the basis of isomalt by nature (organic and conventional), form (powder and syrup), and end use across five major regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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