Global Sugar Alcohol Market Set to Reach $2.46 Billion by 2034, Forecasted at 5.9% CAGR. [Yahoo! Finance]
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Source: Yahoo! Finance
Rockville, March 10, 2025 (GLOBE NEWSWIRE) -- According to a new industry report by Fact.MR, revenue from the global sugar alcohol market reached US$ 1.39 billion in 2024 and further increase at a CAGR of from 2024 to 2034. Increasing number of people suffering from diabetes across the world and more individuals looking to cut back on sugar intake are key factors driving the demand growth for sugar alcohol. Consumption of food and drinks prepared with sugar alcohols rather than ordinary sugar is rising due to the rising prevalence of diabetes, as these products are detrimental to those who already have such a condition. A lot of people have begun using sugar alcohol to manage their weight and blood sugar levels. Sugar alcohols are becoming popular replacements for sucrose and high-fructose corn syrup because they add sweetness without having the same negative metabolic effects. The market for sugar alcohol is growing at a steady pace as a result of consumers' growing interest in
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