Hubei Srikro Technology Co.,Ltd | Shiluo Technology (Yiwu) Co.,Ltd
Raw material supplier for Human nutrition, animal nutrition, cosmetic
There are four flavors in the world, the most popular "sweet" taste, most of which comes from the sucrose in the food, there are exceptions, in some other foods, the sweetness comes from the "sweetener".
Sweeteners can be simply divided into low-intensity sweeteners and high-intensity sweeteners. Among them, high-intensity sweeteners are divided into nutrition ingredients as natural sweeteners and chemical synthetic sweeteners (saccharin, acesulfame K, aspartame, neotame, etc.); low-intensity sweeteners are divided into sugars and sugar alcohols ( Erythritol, Xylitol, etc.). Some functional sweetener products have low calories and good taste, and have been extremely popular in recent years.
The main product of Sanyuan Bio, which will be launched soon, is the natural low-intensity sweetener erythritol. The advantage of erythritol lies in its zero calories and zero sugar, but its sweetness is not as good as sucrose, and its use cost is higher.
The prospectus shows that from 2018 to 2020, the proportion of erythritol income in the operating income of Sanyuan Bio is 84.65%, 59.87%, and 78.80%, respectively.
The growth of domestic erythritol is closely related to the "sugar-free trend" that has emerged in recent years. The most direct driving factor is the emergence of a series of "sugar-free beverages" represented by Yuanqi Forest. The sweeteners used in Genki Forest Sparkling Water are erythritol and sucralose.
"Sugar control" has almost become a noun on the lips of every consumer who pursues health. Players on the food track undoubtedly need to cater to this demand of consumers. Not only Yuanqi Forest, but Yili, Jianlibao, Wahaha, Nestle, Nongfu Spring and other traditional dairy companies and beverage companies are running to follow the "sugar-free" track.
According to data from Zhiyan Consulting, the size of the sugar-free beverage market has increased from 1.66 billion yuan in 2014 to 11.78 billion yuan in 2020, with a compound growth rate of 38.69%, far exceeding the overall growth rate of the beverage industry. With the rising tide, naturally there is also the rising consumption of erythritol.
In 2020, the global erythritol market has reached 1.6 billion yuan, and it is expected to reach 2.7 billion yuan in 2026, with a compound annual growth rate (CAGR) of 7.8%.
This report studies the capacity, production, sales, sales, price and future trends of erythritol in the global markets.after analyzing the product characteristics, product specifications, prices, sales volume, sales revenue of major manufacturers in the global markets, and the market share of major manufacturers in the global markets. The historical data is from 2016 to 2020, and the forecast data is from 2021 to 2027.
The Main erythritol manufacturers include as below:
Shandong Sanyuan Biotechnology
Zibo ZhongShi GeRui Biotech
Zhucheng Dongxiao Biotechnology
Zhucheng Xingmao Corn Developing