Maltitol is a low-calorie sweetener, and it has a number of health advantages. One of the biggest issues related to sugar consumption is obesity, which is directly tied to the heart-related problem brought by high-calorie consumption. Maltitol aids in the prevention and treatment of obesity because it has fewer calories, only 2.1 calories per gram than other sweeteners. Maltitol and other polyols have been given a caloric value of 2.4 calories per gramme by the European Union's Nutritional Labeling Directive. To avoid obesity, maltitol's low calorie content is beneficial. Additionally, it imparts the same flavor as conventional sugar without increasing blood glucose levels and helps to lessen the rise in blood glucose and the insulin response linked to the absorption of glucose.
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Data Bridge Market Research analyses that the Maltitol in Chocolate Market is expected to grow at a CAGR of 6.2% in the forecast period of 2022 to 2029 and is expected to reach USD 240,039.45 thousand by 2029 from USD 148,835.71 thousand in 2021.
Key Findings of the Study
High Demand for the Low Calorie and Sugar Free Chocolate Products is expected to drive the Market
Maltitol is increasingly in demand for use in low-calorie and sugar-free chocolates globally. The trend towards low-calorie food items are primarily due to the rise in the number of people who are concerned about their health. Several businesses are also introducing new chocolate products to fulfil market demand due to the rising demand for low-calorie chocolate goods from consumers around the world. According to Gama Compass, 15.8% of the new low calorie food releases worldwide—foods with only 50–150 calories per 100 g/ml—have been made in Latin America. North America accounted for 44.4% of the launches of low-calorie foods, while Europe accounted for 27.5%. The rising demand for low-calorie food items, such as chocolates, is therefore anticipated to drive the demand.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Form (Crystal Powder, and Syrups), Chocolate Category (White Chocolate, Milk Chocolate, and Dark Chocolate), Application (Bakery, Retail Chocolates, Chocolate Inclusions)
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Countries Covered
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U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
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Market Players Covered
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Zhejiang Huakang Pharmaceutical Co. Ltd. (China), Roquette Frères (France), Ingredion (U.S.) Mitsubishi Corporation Life Sciences Limited (Japan), ADM (U.S.), Brenntag (U.S.), Merck KGaA (Germany), Shandong Futaste Co. (China), Cargill, Incorporated (U.S.), B Food Science Co., Ltd. (Japan), Hangzhou Verychem Science And Technology Co.Ltd (China), Haihang Industry (China), Sosa (U.S.), Foodchem International Corporation (China), PT. Ecogreen Oleochemicals (France), Mitushi Biopharma (India), MUBY CHEMICALS (India), Hylen Co., Ltd (China) and Nutra Food Ingredients (U.S.)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
The maltitol in chocolate market is segmented into three notable segments which are based on form, chocolate category and application.
- On the basis of form, the maltitol in chocolate market is segmented into crystal, powder, and syrup.
The syrup segment is expected to dominate the maltitol in chocolate market
The syrup segment is expected to dominate the market share due to factors such as the low cost of syrup 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. The white chocolate segment is expected to dominate the market share owing to the factors such as the high demand for white chocolate among parents of young children.
- On the basis of application, the maltitol in chocolate market is segmented into bakery, retail chocolates, and chocolate inclusions.
The retail chocolates segment is expected to dominate the maltitol in chocolate market
The retail chocolates segment is expected to dominate the market due to the high demand for low-calorie chocolate products.
Major Players
Data Bridge Market Research recognizes the following companies as the major paint protection film market players in Maltitol in chocolate market are Zhejiang Huakang Pharmaceutical Co. Ltd. (China), Roquette Frères (France), Ingredion (U.S.) Mitsubishi Corporation Life Sciences Limited (Japan), ADM (U.S.), Brenntag (U.S.), Merck KGaA (Germany), Shandong Futaste Co. (China), Cargill, Incorporated (U.S.), B Food Science Co., Ltd. (Japan), Hangzhou Verychem Science And Technology Co.Ltd (China), Haihang Industry (China), Sosa (U.S.), Foodchem International Corporation (China), PT. Ecogreen Oleochemicals (France), Mitushi Biopharma (India), MUBY CHEMICALS (India), Hylen Co., Ltd (China) and Nutra Food Ingredients (U.S.)
Market Development
- In 2020, Merck KGaA expanded its production facilities in the USA for the life sciences companies, which include the production of maltitol. By the end of 2021 and 2022, respectively, these expansions will significantly boost the capacity and output at these sites and add close to 700 additional manufacturing jobs. The company's geographic reach was increased because to this expansion.
- In 2020, The Sugar Free D'lite dark chocolates were introduced by Zydus Cadila's Sugar-Free brand. They come in four flavours: Dark Rich Cocoa, Dark Hazelnut with Roasted Almonds, Dark Zesty Orange, and Dark Crispy Quinoa with Roasted Almonds. There is no extra sugar in the chocolates.
- In 2019, The "guilt free" Red Delight chocolate collection was introduced in the US by Chocolette Confectionary LLC. With only 16 calories per piece, this chocolate assortment boasts the lowest calorie content of any chocolate in the world—nearly 50% less than the other leading brands. The Red Delight also contains less fat and no additional sugar.
Regional Analysis
Geographically, the countries covered in the paint protection film market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
As per Data Bridge Market Research analysis:
North America is the dominant region in maltitol in chocolate market in the forecast period 2022 - 2029
North America is dominating due to the rising spike in interest in chocolate goods made without sugar. In terms of market share and revenue, North America will maintain its control over the maltitol in chocolate industry, and it will continue to grow throughout the forecast period. This is because low-calorie chocolate products are in high demand in the area.
Asia-Pacific is estimated to be the fastest-growing region in maltitol in chocolate market in the forecast period 2022 - 2029
Asia-Pacific is expected to grow the global maltitol in chocolate market due to the region's widespread use of maltitol's health benefits. Additionally, the region's market is growing due to the health advantages of maltitol use.
COVID-19 Impact Analysis
The exceptional COVID-19 pandemic epidemic has increased demand for parenteral medications, motivating industry participants to develop new sterile, secure pharmaceutical containers and maintain contamination-free conditions prior to organization. This will accelerate the market for maltitol in chocolate during a pandemic. On the other hand, the COVID-19 outbreak has severely reduced output and affected the supply chain in the manufacturing facility.
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