Global Mannitol Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Form;

Powder and Granules.

By Application;

Food, Pharmaceuticals, Industrial, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn709236690 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Mannitol Market (USD Million), 2021 - 2031

In the year 2024, the Global Mannitol Market was valued at USD 458.16 million. The size of this market is expected to increase to USD 625.58 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.6%.

Mannitol is a naturally occurring polyol (sugar alcohol) with versatile applications across various industries, including food, pharmaceuticals, and industrial sectors. Derived from natural sources such as seaweed, fruits, and vegetables, mannitol is widely known for its sweetening properties and low-calorie content, making it an excellent sugar substitute in food and beverage products. In the pharmaceutical industry, mannitol serves as an excipient, diuretic, and osmotic agent, playing a crucial role in drug formulation and medical treatments. Its unique physical and chemical properties, such as non-hygroscopicity and high stability, contribute to its widespread use in tablets, syrups, and injectable formulations. Additionally, mannitol finds applications in the industrial sector, particularly in the manufacture of resins, plastics, and surfactants.

The global mannitol market has experienced steady growth due to increasing health consciousness among consumers, driving demand for low-calorie sweeteners in food and beverages. Furthermore, the growing prevalence of diabetes and obesity has led to a surge in demand for sugar alternatives, further boosting the market. Technological advancements in production methods, such as enzymatic and chemical synthesis, have enhanced the efficiency and cost-effectiveness of mannitol production, facilitating its adoption across various sectors. However, the market faces challenges such as fluctuating raw material prices, regulatory complexities, and the availability of alternative sweeteners. Despite these hurdles, the market is poised for significant growth, driven by emerging opportunities in developing economies and the expanding scope of applications in the medical and industrial sectors.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Form
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Mannitol Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Demand for Low-Calorie Sweeteners in the Food Industry
        2. Growing Prevalence of Diabetes and Obesity
        3. Increasing Applications in Pharmaceuticals
      2. Restraints
        1. Fluctuating Raw Material Prices
        2. Availability of Alternative Sweeteners
        3. Regulatory and Compliance Challenges
      3. Opportunities
        1. Expansion in Emerging Economies
        2. Technological Advancements in Production Methods
        3. Growing Applications in Biotechnology and Nanotechnology
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Mannitol Market, By Form, 2021 - 2031 (USD Million)
      1. Powder
      2. Granules
    2. Global Mannitol Market, By Application, 2021 - 2031 (USD Million)
      1. Food
      2. Pharmaceuticals
      3. Industrial
      4. Others
    3. Global Mannitol Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Roquette Frères Company
      2. Cargill Inc.
      3. SPI Pharma
      4. Qingdao Bright Moon Seaweed Group Co.
      5. Spectrumchemical manufacturing corp.
      6. Hebei Huaxu Pharmaceutical Co. Ltd
      7. Rongde Seaweed Co.,Ltd
      8. Ingredion Incorporated
      9. Zuchem Inc
      10. Akhil Healthcare (P) LTD.
      11. Pfizer
  7. Analyst Views
  8. Future Outlook of the Market