Global Lactitol Market Overview
Lactitol is a sugar alcohol which is obtained from the catalytic hydrogenation of lactose. Food and pharmaceutical industry are currently fueling the market of lactitol. However, lactitol is also used in cosmetics industry mainly as a moisturizing agent, preservative, protective agent, rebalancing agent and soothing agent. Recently, DuPont has developed Lactitol from lactose (milk sugar), which is a low-quality sweetener. It is beneficial to diabetic patients because this new version of lactitol is sugar-free and contains low calories. The sugar-free lactitol is approved in countries including U.S., Japan, Canada, and listed in EU as sweetener directive. Sugar-free lactitol market is likely to grow during the forecast period owing to its applications in bakery, confectionery, frozen desserts and fruit applications. Crystalline form, caloric value, sweetness, solubility, health claims, and bioavailability are some of the significant properties of lactitol, which makes it suitable for industries including pharmaceutical, medical, cosmetics and others. Furthermore, manufacturers and researchers have opportunities to improve solubility of lactitol at different conditions, its rheological behavior, stability towards heat and pH and particle size. By increasing the bulk and particle density and crystallization kinetics lactitol applications can be improved in the food industry.
Global Lactitol Market is likely to Register Average Higher-digit CAGR over forecast period
The global lacitol market is likely to increase in the upcoming forecast period because of its three primary end-use industries including food, pharmaceutical and cosmetic industry. According to Fact.MR its market is likely to grow with average higher-digit CAGR (compound annual growth rate) in the forecast period. Europe dominated the global market for lactitol in 2018 followed by North America. APEJ and MEA region is expected to witness a sizable rise in the overall sales of lactitol. Countries including China, Germany, UK, and U.S. are expected to witness a significant market share of lactitol due to manufacturing companies and research facilities for lactitol are concentrated in these countries.
Increasing demand for lactitol among various industries
Lactitol is used as a texturizer and sweetener in ice-creams, baked goods, pre-prepared pasta, chewing gums, medical tablets, sugar-free foods, candies, frozen fish and infant formula. World health organization’s joint expert committee on food additives (JECFA) stated in June 2017 that lactitol is safe to use in food as only 2.1% of the ingested lactitol is digested in the small intestine and rest of it passes to the large intestine. Further lactitol can attract water from the intestinal wall (due osmotic effect), so it can cause bloating or diarrhea if consumed in excess. However, countries including Canada, Australia, Japan, and some other countries have negligible restrictions for the use of lactitol. Research effort is essential for understanding the interaction of lactitol with other food components during processing as well as comprehensive analysis of the final product properties. Further, Croda has successfully used lactitol in their cosmetic products (Hairspa and Ecodermine), which act as soothing, rebalancing and a moisturizing agent for skin.
Global lactitol market segmentation
The lactitol market can be segmented into end-use industry, nature, application, packaging type and by form. By the end-users industry, lactitol market can be categorized into food, pharmaceutical, cosmetic and other. The lactitol market can be segmented in a different nature, such as natural and synthetic. Applications of the lactitol market can be segmented into cryoprotectant and dryoprotectant agent, surfactant and hydrogel, bakery, chocolate and confectionary, desserts, chewing gum, biosensor development, and stabilizer agent. In packaging type segment lactitol market is segmented into pouch, bulk, bottle and tetra packaging. Lactitol market can be segmented by forms including powder and liquid. The global lactitol market can be segmented on the basis of geographical region such as North America, Latin America, Europe, South Asia, East Asia, Oceania, Middle East & Africa (MEA) and Emerging Countries.
Global lactitol key market players
The global market for lactitol comprises several developers, who are primarily converging on developing advance version on lactitol mainly for sugar-free products. Some key market participants are ZINC, Purac Biochem, Boc Sciences, Alfa Chemistry, Croda, Sigma-Aldrich, Danisco, MuseChem, 3B Scientific Corp, A&J Pharmtech CO., LTD, Chemieliva Pharmaceutical Co., Ltd, Molepedia, Finetech Industry Limited, Chembase.cn, Hairui Chemical, abcr GmbH, AKos Consulting & Solutions, MolPort, Biosynth, Glentham Life Sciences Ltd., DuPont, PURAC, TOP Pharm Chemical, Akhil Healthcare, Jusheng Technology and Lonsino medical products.
The research report presents a comprehensive assessment of the lactitol market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also includes projections using a suitable set of assumptions and methodologies for lactitol. The research report provides analysis and information according to lactitol market segmented into end use industry, nature, application, Packaging type and by form.
The lactitol report covers exhaustive analysis on:
- Lactitol Market Segments.
- Lactitol Market Dynamics
- Lactitol Market Size
- Supply & Demand of
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
Regional analysis for lactitol Market includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru, Rest of Latin America)
- Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordics, Eastern Europe, Rest of Europe)
- CIS and Russia
- Asia-Pacific (China, India, ASEAN, South Korea, Australia & New Zealand, Rest of APEJ)
- Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel, Rest of MEA)
The report is a compilation of first-hand information of qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain for lactitol. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments of lactitol. The report also maps the qualitative impact of various market factors on market segments and geographies.
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size. in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of market
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint.