Asia-Pacific Maltitol in Chocolate Market, By Form (Crystal, Powder and Syrup), Chocolate Category (White Chocolate, Milk Chocolate and Dark Chocolate), Application (Bakery, Retail Chocolates and Chocolate Inclusions), Country (China, India, Japan, Australia, South Korea, Malaysia, Singapore, Thailand, Indonesia, Philippines, Rest of Asia-Pacific) Industry Trends and Forecast to 2028
The maltitol in chocolate market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 6.9% in the forecast period of 2021 to 2028 and is expected to reach USD 49,621.2 Thousands by 2028. The high demand for low calorie food products including chocolates is projected to drive the demand for maltitol in chocolate market in coming years.
Maltitol is a carbohydrate which is called as sugar alcohols or polyols. Maltitol is water-soluble compound which is naturally found in many fruits & vegetables, on a large scale, maltitol is produced from starches which are rich in maltose sugar. The major applications of maltitol in the food industry are in baked goods, sugar-free chocolates, chewing gum, hard candies and chocolate coatings.
The increasing population of obese or overweight people is projected to increase the demand for low-calorie sweeteners such as maltitol in their food products such as chocolates which drives the demand for the maltitol in chocolate market. The side-effects associated with the overconsumption of maltitol are projected to restrain the maltitol in chocolate market growth. The use of maltitol in chocolate products is a great opportunity for the maltitol in chocolate market due to the benefits of maltitol to the oral health and the people are spending more on the oral health. The high prices of chocolate containing maltitol due to the complex manufacturing process and high health benefits can be a challenge for the maltitol in chocolate market.
This maltitol in chocolate market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
The maltitol in chocolate market is segmented into three notable segments which are based on the form, chocolate category and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of form, the maltitol in chocolate market is segmented into crystal, powder and syrup. In 2021, syrup segment has the largest market share owing to the factors such as the low cost of syrup as compared to other forms.
- On the basis of chocolate category, the maltitol in chocolate market is segmented into white chocolate, milk chocolate and dark chocolate. In 2021, white chocolate segment has the largest market share owing to the factors such as the high demand for white chocolate.
- On the basis of application, the maltitol in chocolate market is segmented into bakery, retail chocolates and chocolate inclusions. In 2021, retail chocolates segment has dominated the market owing to high demand for the low calorie chocolate products.
Maltitol in Chocolate Market Country Level Analysis
The maltitol in chocolate market is analysed and market size information is provided by the country, form, chocolate category and application as referenced above.
The countries covered in the Asia-Pacific maltitol in chocolate market are China, India, Japan, Australia, South Korea, Malaysia, Singapore, Thailand, Indonesia, Philippines, Rest of Asia-Pacific.
China is expected to grow with the most promising growth rate in the forecast period of 2021 to 2028 as the major industrialists are focusing to develop chocolate products consisting maltitol and consumes wide range of kernels and processed form of maltitol in chocolate for confectioneries and bakery in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Rising Demand of Maltitol in Chocolate
The maltitol in chocolate market also provides you with detailed market analysis for every country growth in industry with sales, components sales, impact of technological development in maltitol in chocolate and changes in regulatory scenarios with their support for the maltitol in chocolate market. The data is available for historic period 2011 to 2019.
Competitive Landscape and Maltitol in Chocolate Market Share Analysis
The maltitol in chocolate market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to Asia-Pacific maltitol in chocolate market.
The major players covered in the North America maltitol in chocolate market report are Zhejiang Huakang Pharmaceutical Co. Ltd., Roquette Frères, Ingredion Incorporated, Kasyap, Mitsubishi Corporation Life Sciences Limited, ADM, Merck KGaA, Brenntag, Shandong Futaste Co., Cargill, Incorporated, B Food Science Co., Ltd., Biosynth Carbosynth, Hangzhou Verychem Science And Technology Co.Ltd, Haihang Industry, Foodchem International Corporation, MUBY CHEMICALS, Caixin, ChemScene LLC among others domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many product developments are also initiated by the companies worldwide which are also accelerating the growth of maltitol in chocolate market.
- In July 2020, Ingredion Incorporated acquired PureCircle Limited which is the world’s leading producer and innovator of plant-based stevia sweeteners and flavours for the food and beverage industry. This helped company in the innovation and manufacturing expertise, enabling the company to leverage its global go-to-market model, formulation capabilities and broad ingredient portfolio
Partnership, joint ventures and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their offering for maltitol in chocolate through expanded range of size.
Customization Available: Asia-Pacific Maltitol in Chocolate Market
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