Author: Site Editor Publish Time: 2022-10-31 Origin: Site
2022 Global Natural Sweetener Market Inventory: Market Situation of Erythritol and Allulose
This year, the natural sweetener market is still hot. The performance report for the first three quarters of 2022 released by Rhine Biotech shows that the natural sweetener business has developed rapidly. During the period from 22Q1 to Q3, natural sweeteners achieved revenue of 616 million yuan, a year-on-year increase of 47%. In the third quarter alone, the natural sweetener business achieved revenue of 228 million yuan, a year-on-year increase of 48%.
In line with the healthy and natural consumer demand, the natural sweetener market will usher in a new round of climax. According to Industryarc data, the natural sweeteners market is expected to reach USD 4.1 billion in 2026, growing at a CAGR of 5.9% during the forecast period 2021-2026.
At present, what are the mainstream natural sweeteners in the world? What are the new movements in the natural sweetener market? We've rounded up 5 of the most popular natural sweeteners right now.
Erythritol is a four-carbon sugar alcohol that occurs naturally in lichens, algae, fruits, fungi, and fermented foods. Its sweetness is about 70% to 80% of sucrose, its consumption does not affect insulin or glucose levels, and it is a safe sugar substitute for diabetics. Once consumed, erythritol is rapidly absorbed by the small intestine and then distributed to the In the whole body, up to 90% of erythritol will be excreted unchanged in the urine. Compared with other sweeteners such as xylitol, erythritol has a higher digestive tolerance.
The popularity of Genki forest "0 sugar" sparkling water has made erythritol the "star ingredient" of sugar substitutes, according to Innova Market Insight data, the global compound annual growth rate of erythritol from July 2016 to June 2021 32%, far exceeding the compound annual growth rate (13%) of another popular sweetener, stevia.
At present, food and beverages that claim "0 sugar" or "low sugar" on the market will use erythritol in combination with other sweeteners, such as sucralose, xylitol, steviol glycosides and other sweeteners. We took stock of the mainstream foods and beverages currently on the market that use erythritol as a sweetener.
This year, however, erythritol also started involution. In 2021, due to the popularity of the sugar-free beverage market, erythritol is in short supply, and its unit price has also risen all the way, reaching 40,000 yuan/ton all the way. Manufacturers have expanded their production capacity one after another. Since the speed of production capacity expansion is faster than the speed of consumption on the demand side, erythritol has gradually begun to overcapacity, and the unit price has gradually dropped below 13,000 yuan/ton.
As a leading manufacturer, in the first half of this year, the gross profit margin of Sanyuan Bio erythritol dropped from more than 40% in the previous two years to 18.34%