ALBANY, N.Y., March 23, 2021 /PRNewswire/ -- The isomalt market is anticipated to make strides on the back of the rise in consumer inclination to use low-calorie, natural, and sugar-free sweeteners. Isomalts are a popular category of sugar substitute, and have been extensively utilized by HoReCa industry at commercial scale. Advances in the process engineering for several polyol-group of products are key to growing interest of food processing industries in isomalt and isomalt products. Sugar confectionaries are using isomalt elements in numerous ways since, unlike sugar, isomalt doesn't caramelize easily when exposed to heat. Thus, isomalt designing elements are gathering steam in cakes. Also, isomalt recipes are gaining attention among events for including healthy sugar-free alternatives.
The valuation of the isomalt market was pegged at ~US$ 900 Mn in 2020, and is projected to surpass US$ 1.6 Bn by the end of 2030.
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Key Findings of Isomalt Market Study
- Sugar-free Candies made With Isomalt Pinned as Healthier
Demand for low-calories and sugar-free sweeteners has gained worldwide momentum in health and wellness. This has propelled the use of isomalts in confectionery, beverages, and bakery products. Sugar-free candies in particular are gaining popularity, and isomalt is becoming a popular option. Sugar confectioneries have been lapping up the trend and are trying new recipes. Prevalence of diabetes, obesity, and other lifestyle diseases in worldwide population is a key factor boosting the market. Thus, the application areas are expanding, with isomalt being used in frozen desserts, sports drinks, meat and seafood products, infant formulae, and certain pharmaceuticals.
- Pilot testing to Help Isomalt Gain Popularity among Polyol-group Products
Advances in processing of polyol-group products are a key pivot on which the applications of isomalts have been expanding. Adoption of technologically advanced machinery and equipment for sugar and food industry. Several manufacturers are harnessing the strength of pilot testing or lab testing to earn credibility among end-use businesses. This has spurred the acceptance of isomalt as a natural sweetening option. The growing demand for these options in high-end buffet setups is a key trend boosting the growth of the isomalt market.
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- COVID-19 Pandemic Pose Logistical Challenges
During the times when COVID-19 outbreak was at its peak in numerous countries, manufacturers and vendors struggled to overcome their logistical challenges. They also had to come out with new strategies to prevent any outage due to maintenance work. In addition, they are coming out with new contingency plans to meet any unforeseen challenge in near future. All these factors will shape the growth trajectories of the market during the forecast period.
Isomalt Market: Key Driving Factors and Avenues
- Growing awareness about sugar-free and low-calorie products among consumers pivots expansion of isomalt market
- Increasing inclination of worldwide population to promote health and wellness and reduce the morbidity of lifestyle diseases boosting prospects
- With HoReCa (Hotels, Restaurants & Cafes) industry gradually gaining momentum, the demands in the isomalt market will also witness upward trend
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Isomalt Market: Competitive Dynamics
Top players who want to retain their stronghold in the isomalt market are value-added services to clients. Numerous companies are striving for launching innovative products. A case in point is isomalt-based cosmetic products. Numerous other customer centric approaches will also shape the competitive landscape of the market. The ecosystem of industry stakeholders is vast, with some of the top players are Deiman SA de CV, Akhil Healthcare Pvt Ltd., S.A.Pharamchem Pvt. Ltd., BENEO GmbH, and Cargill Incorporated.
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