Short Description
Global Maltitol in Chocolate Market, By Form (Crystal Powder, and Syrups), Chocolate Category (White Chocolate, Milk Chocolate, And Dark Chocolate), Application (Bakery, Retail Chocolates, Chocolate Inclusions), Country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, and Rest Of Europe, Japan, China, South Korea, India, Australia, Singapore, New Zealand, Malaysia, Indonesia, Philippines, and Rest Of Asia-Pacific, Brazil, Argentina, and Rest Of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, and Rest Of Middle East And Africa) Industry Trends and Forecast To 2029
Market Definition:
Maltitol is a carbohydrate that is called sugar alcohols or polyols. Maltitol is a water-soluble compound that is naturally found in many fruits & vegetables. On a large scale, maltitol is produced from starches that are rich in maltose sugar. The major applications of maltitol in the food industry are baked goods, sugar-free chocolates, chewing gum, hard candies, and chocolate coatings. Maltitol is safe for human consumption as its safety has been reviewed and confirmed by health authorities around the world, such as theEuropean Union, World Health Organization, and countries such asAustralia andCanada. Maltitol tastes the same as normal sugar. It has about 90% similar sweetness as sugar and has almost half of the calories per gram than sugar 2.1 calories for maltitol compared with four calories for sugar.
Market Segmentation:
The global 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
On the basis of chocolate category, the maltitol in chocolate market is segmented into white chocolate, milk chocolate, and dark chocolate
On the basis of application, the maltitol in chocolate market is segmented into bakery, retail chocolates, and chocolate inclusions
Market Players
The key market players for maltitol in chocolate market are listed below:
Zhejiang Huakang Pharmaceutical Co. Ltd.
Roquette Frres
Ingredion
Mitsubishi Corporation Life Sciences Limited
ADM
Brenntag
Merck KGaA
Shandong Futaste Co.
Cargill, Incorporated
B Food Science Co., Ltd.
Hangzhou Verychem Science And Technology Co.Ltd
Haihang Industry,
Sosa
Foodchem International Corporation
PT. Ecogreen Oleochemicals
Mitushi Biopharma
MUBY CHEMICALS
Hylen Co., Ltd
Nutra Food Ingredients
TABLE OF CONTENTS
1 INTRODUCTION 27
1.1 OBJECTIVES OF THE STUDY 27
1.2 MARKET DEFINITION 27
1.3 OVERVIEW OF GLOBAL MALTITOL IN CHOCOLATE MARKET 27
1.4 LIMITATIONS 28
1.5 MARKETS COVERED 29
2 MARKET SEGMENTATION 31
2.1 MARKETS COVERED 31
2.2 GEOGRAPHICAL SCOPE 32
2.3 YEARS CONSIDERED FOR THE STUDY 33
2.4 CURRENCY AND PRICING 33
2.5 DBMR TRIPOD DATA VALIDATION MODEL 34
2.6 MULTIVARIATE MODELLING 37
2.7 INGREDIENT TYPE LIFELINE CURVE 37
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 38
2.9 DBMR MARKET POSITION GRID 39
2.10 MARKET APPLICATION COVERAGE GRID 41
2.11 VENDOR SHARE ANALYSIS 42
2.12 SECONDARY SOURCES 43
2.13 ASSUMPTIONS 43
3 EXECUTIVE SUMMARY 44
4 PREMIUM INSIGHTS 47
4.1 IMPORT & EXPORT ANALYSIS OF GLOBAL MALTITOL IN CHOCOLATE MARKET 49
4.1.1 IMPORT-EXPORT ANALYSIS 49
5 LIST OF SUBSTITUTES 51
6 GLOBAL MALTITOL IN CHOCOLATE MARKET: MARKETING STRATEGIES 53
7 GLOBAL MALTITOL IN CHOCOLATE MARKET: REGULATIONS 54
7.1 REGULATIONS ON THE MALTITOL BY EUROPEAN UNIONS 54
7.2 REGULATIONS ON THE USE OF FOOD ADDITIVES 54
7.3 REGULATIONS ON MALTITOL BY THE U.S. FDA 54
8 GLOBAL MALTITOL IN CHOCOLATE MARKET: SUPPLY CHAIN ANALYSIS 55
8.1 RAW MATERIAL PROCUREMENT 56
8.2 MANUFACTURING 56
8.3 MARKETING AND DISTRIBUTION 56
8.4 END USERS 56
9 MARKET OVERVIEW 57
9.1 DRIVERS 59
9.1.1 INCREASING DEMAND FOR LOW CALORIE AND SUGAR-FREE CHOCOLATE PRODUCTS 59
9.1.2 GROWING NUMBER OF HEALTH ISSUES CAUSED BY REGULAR SUGAR INGREDIENT 59
9.1.3 GROWING ADOPTION OF MALTITOL AS SUCROSE ALTERNATIVE 60
9.1.4 ABUNDANT SOURCES OF RAW MATERIAL 61
9.2 RESTRAINTS 62
9.2.1 SIDE EFFECTS OF MALTITOL 62
9.2.2 HIGH COST OF MALTITOL AS COMPARED TO OTHER SWEETENERS 63
9.2.3 NUMBER OF SUBSTITUTES AVAILABLE IN THE MARKET 64
9.3 OPPORTUNITIES 65
9.3.1 MALTITOL IS AN IMPORTANT INGREDIENT IN CHOCOLATES TO PREVENT DENTAL CARIES IN CHILDREN AND ADULTS 65
9.3.2 HEALTH BENEFITS ASSOCIATED WITH CONSUMPTION OF MALTITOL 65
9.4 CHALLENGES 66
9.4.1 HIGH COST OF CHOCOLATES CONTAINING MALTITOL 66
9.4.2 STRINGENT GOVERNMENT REGULATIONS 66
10 COVID-19 IMPACT ON GLOBAL MALTITOL IN CHOCOLATE MARKET 68
10.1 AFTERMATH OF COVID-19 AND GOVERNMENT INITIATIVES TO BOOST THE GLOBAL MALTITOL IN CHOCOLATE MARKET 68
10.2 STRATEGIC DECISIONS FOR MANUFACTURERS AFTER COVID-19 TO GAIN COMPETITIVE MARKET SHARE 68
10.3 IMPACT ON PRICE 69
10.4 IMPACT ON DEMAND 69
10.5 IMPACT ON SUPPLY CHAIN 69
10.6 CONCLUSION 70
11 GLOBAL MALTITOL IN CHOCOLATE MARKET, BY FORM 71
11.1 OVERVIEW 72
11.2 SYRUP 73
11.2.1 HIGH MALTOSE SYRUP 74
11.2.2 EXTRA HIGH MALTOSE SYRUP 74
11.3 CRYSTAL 74
11.4 POWDER 75
12 GLOBAL MALTITOL IN CHOCOLATE MARKET, BY CHOCOLATE CATEGORY 76
12.1 OVERVIEW 77
12.2 MILK CHOCOLATE 78
12.3 DARK CHOCOLATE 79
12.4 WHITE CHOCOLATE 80
13 GLOBAL MALTITOL IN CHOCOLATE MARKET, BY APPLICATION 81
13.1 OVERVIEW 82
13.2 RETAIL CHOCOLATES 83
13.2.1 CHOCOLATE BARS 84
13.2.2 CANDIES 84
13.2.3 ASSORTMENT CHOCOLATES 84
13.2.4 BITES 85
13.2.5 CHOCOLATE WAFFERS 85
13.2.6 OTHERS 85
13.3 BAKERY 85
13.3.1 CAKES & PASTRIES 86
13.3.2 BREADS & ROLLS 86
13.3.3 BISCUIT 86
13.3.4 COOKIES & CRACKERS 86
13.3.5 OTHERS 87
13.4 CHOCOLATE INCLUSIONS 87
13.4.1 CHOCOLATE SHAPES 88
13.4.2 JIMMIES 88
13.4.3 DRAGEES 88
13.4.3.1 OVAL DRAGEES 89
13.4.3.2 PEARL DRAGEES 89
13.4.4 CHOCOLATE SYRUPS 89
13.4.5 CHOCOLATE FLAKES 89
13.4.6 QUINS 89
13.4.7 NONPAREILS 89
13.4.8 CHOCOLATE CHUNKS 89
13.4.9 CHOCOLATE SHELLS 89
13.4.10 CHOCOLATE CUPS 90
13.4.11 OTHERS 90
14 GLOBAL MALTITOL IN CHOCOLATE MARKET, BY REGION 91
14.1 OVERVIEW 92
14.2 EUROPE 97
14.2.1 GERMANY 103
14.2.2 U.K. 106
14.2.3 FRANCE 109
14.2.4 SPAIN 112
14.2.5 ITALY 115
14.2.6 SWITZERLAND 118
14.2.7 BELGIUM 121
14.2.8 NETHERLANDS 124
14.2.9 RUSSIA 127
14.2.10 TURKEY 130
14.2.11 REST OF EUROPE 133
14.3 NORTH AMERICA 134
14.3.1 U.S. 140
14.3.2 CANADA 143
14.3.3 MEXICO 146
14.4 ASIA-PACIFIC 149
14.4.1 CHINA 155
14.4.2 JAPAN 158
14.4.3 INDIA 161
14.4.4 SOUTH KOREA 164
14.4.5 AUSTRALIA 167
14.4.6 SINGAPORE 170
14.4.7 MALAYSIA 173
14.4.8 THAILAND 176
14.4.9 INDONESIA 179
14.4.10 PHILIPPINES 182
14.4.11 REST OF ASIA-PACIFIC 185
14.5 SOUTH AMERICA 186
14.5.1 BRAZIL 192
14.5.2 ARGENTINA 195
14.5.3 REST OF SOUTH AMERICA 198
14.6 MIDDLE EAST AND AFRICA 199
14.6.1 SOUTH AFRICA 205
14.6.2 U.A.E. 208
14.6.3 SAUDI ARABIA 211
14.6.4 KUWAIT 214
14.6.5 REST OF MIDDLE EAST AND AFRICA 217
15 GLOBAL MALTITOL IN CHOCOLATE MARKET: COMPANY LANDSCAPE 218
15.1 COMPANY SHARE ANALYSIS: GLOBAL 218
15.2 COMPANY SHARE ANALYSIS: NORTH AMERICA 219
15.3 COMPANY SHARE ANALYSIS: EUROPE 220
15.4 COMPANY SHARE ANALYSIS: ASIA-PACIFIC 221
16 SWOT ANALYSIS 222
17 COMPANY PROFILES 223
17.1 INGREDION 223
17.1.1 COMPANY SNAPSHOT 223
17.1.2 REVENUE ANALYSIS 224
17.1.3 COMPANY SHARE ANALYSIS 224
17.1.4 PRODUCT PORTFOLIO 225
17.1.5 RECENT DEVELOPMENTS 225
17.2 CARGILL, INCORPORATED 226
17.2.1 COMPANY SNAPSHOT 226
17.2.2 REVENUE ANALYSIS 226
17.2.3 COMPANY SHARE ANALYSIS 227
17.2.4 PRODUCT PORTFOLIO 227
17.2.5 RECENT DEVELOPMENT 227
17.3 MERCK KGAA 228
17.3.1 COMPANY SNAPSHOT 228
17.3.2 REVENUE ANALYSIS 228
17.3.3 COMPANY SHARE ANALYSIS 229
17.3.4 PRODUCT PORTFOLIO 229
17.3.5 RECENT DEVELOPMENTS 229
17.4 ROQUETTE FRRES 231
17.4.1 COMPANY SNAPSHOT 231
17.4.2 COMPANY SHARE ANALYSIS 231
17.4.3 PRODUCT PORTFOLIO 232
17.4.4 RECENT DEVELOPMENT 232
17.5 ADM 233
17.5.1 COMPANY SNAPSHOT 233
17.5.2 REVENUE ANALYSIS 233
17.5.3 COMPANY SHARE ANALYSIS 234
17.5.4 PRODUCT PORTFOLIO 234
17.5.5 RECENT DEVELOPMENTS 234
17.6 SHANDONG FUTASTE CO. 235
17.6.1 COMPANY SNAPSHOT 235
17.6.2 PRODUCT PORTFOLIO 235
17.6.3 RECENT DEVELOPMENTS 235
17.7 BRENNTAG 236
17.7.1 COMPANY SNAPSHOT 236
17.7.2 REVENUE ANALYSIS 237
17.7.3 PRODUCT PORTFOLIO 237
17.7.4 RECENT DEVELOPMENTS 237
17.8 B FOOD SCIENCE CO., LTD. 239
17.8.1 COMPANY SNAPSHOT 239
17.8.2 PRODUCT PORTFOLIO 239
17.8.3 RECENT DEVELOPMENTS 239
17.9 FOODCHEM INTERNATIONAL CORPORATION 240
17.9.1 COMPANY SNAPSHOT 240
17.9.2 PRODUCT PORTFOLIO 240
17.9.3 RECENT DEVELOPMENTS 240
17.10 HANGZHOU VERYCHEM SCIENCE AND TECHNOLOGY CO.LTD 242
17.10.1 COMPANY SNAPSHOT 242
17.10.2 PRODUCT PORTFOLIO 242
17.10.3 RECENT DEVELOPMENTS 242
17.11 HAIHANG INDUSTRY 243
17.11.1 COMPANY SNAPSHOT 243
17.11.2 PRODUCT PORTFOLIO 243
17.11.3 RECENT DEVELOPMENT 243
17.12 HYLEN CO., LTD 244
17.12.1 COMPANY SNAPSHOT 244
17.12.2 PRODUCT PORTFOLIO 244
17.12.3 RECENT DEVELOPMENT 244
17.13 MITSUBISHI CORPORATION LIFE SCIENCES LIMITED 245
17.13.1 COMPANY SNAPSHOT 245
17.13.2 PRODUCT PORTFOLIO 245
17.13.3 RECENT DEVELOPMENTS 245
17.14 MITUSHI BIOPHARMA 247
17.14.1 COMPANY SNAPSHOT 247
17.14.2 PRODUCT PORTFOLIO 247
17.14.3 RECENT DEVELOPMENT 247
17.15 MUBY CHEMICALS 248
17.15.1 COMPANY SNAPSHOT 248
17.15.2 PRODUCT PORTFOLIO 248
17.15.3 RECENT DEVELOPMENT 248
17.16 NUTRA FOOD INGREDIENTS 249
17.16.1 COMPANY SNAPSHOT 249
17.16.2 PRODUCT PORTFOLIO 249
17.16.3 RECENT DEVELOPMENTS 249
17.17 PT. ECOGREEN OLEOCHEMICALS 250
17.17.1 COMPANY SNAPSHOT 250
17.17.2 PRODUCT PORTFOLIO 250
17.17.3 RECENT DEVELOPMENTS 250
17.18 SOSA 251
17.18.1 COMPANY SNAPSHOT 251
17.18.2 PRODUCT PORTFOLIO 251
17.18.3 RECENT DEVELOPMENT 251
17.19 ZHEJIANG HUAKANG PHARMACEUTICAL CO., LTD. 252
17.19.1 COMPANY SNAPSHOT 252
17.19.2 PRODUCT PORTFOLIO 252
17.19.3 RECENT DEVELOPMENTS 252
18 QUESTIONNAIRE 253
19 RELATED REPORTS 256