Global Food Grade Erythritol Market Size, Share, and COVID-19 Impact Analysis, By Type (Erythritol Powder and Erythritol Granular), By Application (Beverages and Food), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033

Global Food Grade Erythritol Market Insights Forecasts to 2033

• The Global Food Grade Erythritol Market Size was Estimated at USD 0.1150 Billion in 2023
• The Global Food Grade Erythritol Market Size is Expected to Grow at a CAGR of around 5.17% from 2023 to 2033
• The Worldwide Food Grade Erythritol Market Size is Expected to Reach USD 0.1903 Billion by 2033
• Asia Pacific is Expected to Grow the fastest during the forecast period.

The Global Food Grade Erythritol Market Size is Expected to cross USD 0.1903 Billion by 2033, Growing at a CAGR of 5.17% from 2023 to 2033. Erythritol has the opportunity to be included into a variety of food products, such as dairy substitutes and snacks, as veganism and plant-based diets gain popularity.

Market Overview  

Erythritol which is produced and marketed especially for use in food products is known as the food grade erythritol market. Erythritol is a sugar alcohol that is frequently used in reduced-sugar and sugar-free foods as a low-calorie sweetener. The market for food grade erythritol is expanding significantly as a result of the growing demand for common sweeteners in the food and beverage sector. Erythritol manufacturers have significant opportunities due to consumers' growing preference for clean-label and typically inferred ingredients. The appropriation of food-grade erythritol is being driven by the growing desire for natural and low-calorie sweeteners. The growing need for common sweeteners in the food and beverage industry is driving significant growth in the food grade erythritol market. The growing awareness of food grade erythritol's health advantages and consumers' preference for distinctive and natural products are driving market growth.    

Report Coverage

This research report categorizes the food grade erythritol market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the food grade erythritol market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the food grade erythritol market.

Driving Factors

Health-conscious customers' increasing need for low-calorie and low-sugar alternatives is driving the food-grade erythritol market. The food grade erythritol market is being driven by growing consumer knowledge about the negative health effects of sugar use, which is crucial. The growing consumer preference for distinctive and plant-based sweeteners is driving the growth of the food grade erythritol market. Health-conscious customer preferences, growing use of sugar-free products, applications in the food and beverage industry, and the need for low-calorie sweeteners are all factors driving the expansion of the food grade erythritol market.    

Restraining Factors

The biggest challenge in the food grade erythritol market is the high production costs in comparison to traditional sugars. Moreover, complicated extraction and production procedures may result in restricted availability in some areas, which might restrict the growth of food grade erythritol market.    

Market Segmentation

The food grade erythritol market share is classified into type and application.      

• The erythritol powder segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.

Based on the type, the food grade erythritol market is divided into erythritol powder and erythritol granular. Among these, the erythritol powder segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. The market for erythritol powder is driven by its adaptability and popular use in a wide range of goods, including drinks, candies, and other foods that require a fine texture and quick dissolution.     

• The beverages segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.

Based on the application, the food grade erythritol market is divided into beverages and food. Among these, the beverages segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. The growing demand for sugar-free, low-calorie, and healthier beverage options like energy drinks, flavored waters, and soft drinks is driving the beverages segmental market growth.  

Regional Segment Analysis of the Food Grade Erythritol Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is anticipated to hold the largest share of the food grade erythritol market over the predicted timeframe.

North America is anticipated to hold the largest share of the food grade erythritol market over the predicted timeframe. The proximity of important manufacturers and the continuous development of sugar-free product definitions support the growth of the North America market. The growing demand for sugar substitutes and increased awareness of health issues are driving significant growth in the US food-grade erythritol market. Erythritol's use in functional foods is expected to increase due to the growing popularity of keto and diabetic-friendly diets, strengthening its place in the North America market.

Asia Pacific is expected to grow at the fastest CAGR growth of the food grade erythritol market during the forecast period. The Asia-Pacific region's growing awareness of wellness and the growing food and beverage sector are driving erythritol rapid growth. The growing middle class in the region and shifting consumer preferences for practical foods and drinks are accelerating the market for food grade erythritol. The demand for sugar-free and diabetic-friendly products is rising in countries like China, Japan, and India, which is increasing the use of erythritol.   

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the food grade erythritol market along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, business strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Cargill
• Zibo ZhongShi GeRui Biotech
• Baolingbao Biology Co., Ltd.
• Zhucheng Dongxiao Biotechnology Co., Ltd.
• Futaste Co., Ltd.
• Shandong Sanyuan Biotechnology Co., Ltd.
• Jungbunzlauer Suisse AG
• Zhucheng Xingmao Co Developing
• Mitsubishi-Chemical Foods Corporation
• Yufeng Industrial Group
• Others    

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs) 

Recent Development

• In November 2022, Tate & Lyle PLC (Tate & Lyle) launched ERYTESSETM Erythritol, a new sweetener to its lineup. This addition strengthens Tate & Lyle's position as the global leader in ingredient solutions for healthier food and beverages and increases our capacity to assist customers in meeting consumer demand for products with lower sugar and calorie content. This is made possible through a strategic partnership distribution agreement with a top erythritol supplier.    

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the food grade erythritol market based on the below-mentioned segments: 

Global Food Grade Erythritol Market, By Type  

• Erythritol Powder
• Erythritol Granular

Global Food Grade Erythritol Market, By Application

• Beverages
• Food

Global Food Grade Erythritol Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa