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Sugar Alcohol Market Top Manufacturers Overview, Size, Revenue and Forecast to 2027 The global sugar alcohol market size is projected to reach USD 6.70 Billion by 2027 backed by increasing demand for gluten-free food products across the globe. Fortune Business Insights, in its latest report, titled “Sugar Alcohol Market Size, Share & COVID-19 Impact Analysis, By Type (Sorbitol, Xylitol, Maltitol, Erythritol, and Isomalt), Application (Food and Beverages, Pharmaceuticals, and Cosmetics and Personal Care), and Regional Forecast, 2020 – 2027.” observes that the market was worth USD 3.61 Billion in 2019 and will exhibit a CAGR of 7.75% between 2019 and 2027. Sugar Alcohol also known as polyols are turning out to be the fast emerging alternative to sugar. Though they bore similar resemblance to sugar considering their texture and taste, they contain far less caloric content and fewer health hazards when consumed. In addition to this, several studies have shown that consumption of polyols may lead to improving the health of the consumer. Furthermore, they are hybrids between sugar molecules and alcohol molecules and are present in several fruits and vegetables. Though there are organic polyols, there are few processed from sugars such as cornstarch and glucose. What does the Report Include? The market report includes an exhaustive study of several factors such as drivers, restraints, challenges, and opportunities that will affect the growth of the market in the forthcoming years. The report covers regional demographics that include qualitative and quantitative information about the regions that are further divided into nations that are contributing to the growth of the market between 2020 and 2027. Furthermore, the competitive landscape has been discussed in-depth that include information of several players operating in the market. Moreover, information on the adoption of strategies such as merger and acquisition, collaboration, partnerships, and joint ventures by the companies that will drive the growth of the maret has been included during the projected horizon. Drivers and Restraints: Increasing Demand for Gluten-free Food Products to Bolster Growth Gluten-free food is turning out to be popular among the people across the globe. An array of benefits such as improved cholesterol levels, better digestive health, increased energy levels, and aiding weight-loss, among others provided by gluten-free diet is driving the companies to launch products to ushers into the popularity of the diet. Glucose syrup that includes polyols such as maltitol and sorbitol are extensively used across several regions. Furthermore, growing demand for corn-based glucose syrup that is believed to be gluten-free is expected to drive the growth of the market during the forecast period. Regional Analysis: Europe to Remain Dominant; High Demand for Sugar-Free Confectionary Products to Promote Growth Among the regions, Europe is expected to remain at the forefront and register maximum global Sugar Alcohol market revenue during the projected horizon. Additionally, the region registered a high market share of USD 1.23 Billion in 2019 and is further anticipated to rise backed by growing demand for sugar-free confectionary products among the population. Furthermore, fast-paced lifestyle is leading to a growing consumption of processed foods in several countries of Europe that will aid the market growth. North America, on the other, is anticipated to be the second-most leading region in the forthcoming years. This is ascribable to factors such as increasing prevalence of diabetic patients in the U.S. Furthermore, the widespread effects of COVID-19 in the regions is propelling the demand for hand-sanitizers that will boost the demand for the market during the forecast period. The market in Asia-Pacific is expected to witness substantial growth in the forthcoming years. This is attributable to factors such as presence of large population in the region. Furthermore, high production of polyols in the countries such as China and India will contribute to the market growth. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/sugar-alcohol-market-102956

Kava Root Extract Market Key Players Analysis, Emerging Opportunities, Competitive Landscape and Forecast to 2029 The global kava root extract market size is predicted to hit USD 3.41 billion in 2029 and exhibit a CAGR of 16.29% during the forecast period. The swiftly expanding supplements industry and the increasing kava root extract incorporation in the pharmaceutical industry are anticipated to bolster the market expansion. Fortune Business InsightsTMhas presented this information in its report titled, “Kava Root Extract Market, 2022-2029”. The market size stood at USD 1.02 billion in 2021 and USD 1.18 billion in 2022. Further, the rising acceptance of herbal extracts infused non-alcoholic beverages is estimated to favor the market’s expansion. List of Key Industry Players- Botanic Healthcare (India) NOW Health Group Inc. (U.S.) Gaia Herbs Inc. (U.S.) Root of Happiness (U.S.) LifeSeasons, Inc. (U.S.) Natural Factors Nutritional Products Ltd. (U.S.) Best Nutrition Product, Inc. (U.S.) Fiji Kava Australia Ltd. (Australia) Kona Kava Farm (U.S.) Nutragreenlife Biotechnology Co., Ltd. (China) Drivers & Restraints- Rising Functional Food Consumption to Fuel Market Growth Kava root extract’s therapeutic and relaxing properties have escalated its demand for applications in several personal care and pharmaceutical products. It is widely consumed by Western population as tablets or capsules containing acetonic or ethanolic extracts. The consumption of the extract has witnessed a substantial increase in consumption as a dietary supplement. The rising popularity of herbal extracts-infused non-alcoholic beverages due to mushrooming health awareness is predicted to complement the kava root extract market growth. Moreover, the growing consumption and demand for these extracts by the pharmaceutical industry due to their therapeutic and relaxing properties is anticipated to favor market growth. The swiftly expanding supplements industry due to a heightened consumption by the geriatric population is estimated to foster the growth of the market. Additionally, the rising functional food consumption is anticipated to benefit the market’s expansion due to proliferated demand for kava in functional beverages and foods. However, raw material price fluctuations and low market penetration may restrain the market’s expansion during the forecast period. Regional Insights- High Production and Consumption of Kava to Boost Growth in Fiji Fiji is a prominent consumer and producer of kava root extracts and is predicted to attain a humongous global kava root extract market share. The country is the largest producer of this extract and the favorable initiatives for unemployed rural individuals and farmers are projected to bolster the market’s expansion in Fiji. Vanuatu is anticipated to exhibit substantial growth in the coming years. Factors such as the rising demand for nutritional supplements, urbanization, a surge in women kava drinkers, and an ever-increasing populace are expected to stimulate the market growth in the country. The evolving consumption patterns are predicted to escalate product consumption and flourish in growth in the U.S. Competitive Landscape- Key Players Launch New Products to Amplify their Global Positions The major players operating in the market emphasize upgrading current product portfolios by incorporating advanced technologies to enhance their offerings. The major market players adopt ingenious strategies, including contracts, acquisitions, mergers, collaborations, and others to amplify their growth prospects. For instance, a pre-packaged kava drink, Drink Leilo, was launched in the U.S. in March 2020. Key Industry Development- March 2022: HiLands Foods and Lami Kava partnered to launch premium quality kava root herbal extract in the Australian market. The partnership is aimed to fortify distribution networks and presence of the two companies across the country. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/kava-root-extract-market-103694

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https://www.databridgemarketresearch.com/reports/global-personal-care-ingredients-market

Industrial Hemp Market Growth Prospects, Size, Share, Demand and Current Trends Analysis by 2030 The global industrial hemp market size was valued at USD 6.63 billion in 2022. The market is projected to expand from USD 7.90 billion in 2023 to USD 31.98 billion by 2030 at a CAGR of 22.11% over the estimated period. The surge is driven by the increasing product demand across various applications. These include textiles, dietary supplements, foods, and food and beverage sectors. Leading Players Featured in the Research Report: Companies leading in Industrial Hemp Market Are Fresh Hemp Foods Ltd. (Canada), IND HEMP, LLC. (U.S.), Blue Sky Hemp Ventures (Canada), Panda Biotech, LLC (U.S.), Hemp Republic (India), South Hemp Tecno Srl (Italy), HEMP FACTORY (Germany), East Mesa (U.S.), DON Processing, Inc. (U.S.), HempFlax Group B.V. (Netherlands) Browse Detailed Summary of Research Report with TOC: https://www.fortunebusinessinsights.com/industrial-hemp-market-102459 Segmentation: Conventional Segment to Register Notable Expansion Impelled by Soaring Affordability On the basis of source, the market is subdivided into conventional and organic. The conventional segment is poised to grow at a considerable pace over the forecast period. The growth is propelled by the increasing product deployment in furniture, biofuels, bioplastics, and construction and materials sectors. Hemp Fiber to Gain Traction Owing to Surging Application Based on type, the market for industrial hemp is fragmented into hemp seed oil, hemp seed, hemp fiber, and others. The hemp fiber segment accounted for a dominating share in the global market and is set to register substantial growth throughout the study period. The rise is impelled by surging product adoption across an array of industries such as paper, automotive, and textile. Textile Segment to Lead Due to Rising Adoption of Sustainable Practices On the basis of application, the market is segmented into personal care & cosmetics, food (dietary and functional foods), pharmaceuticals, beverages, and others. The textile segment held a dominating share of the market and is poised to register an appreciable surge over the anticipated period. The expansion is on account of escalating consumer awareness regarding climate and environmental change. Based on geography, the market for industrial hemp has been studied across Europe, North America, Asia Pacific, South America, and the Middle East & Africa. Drivers and Restraints: Surge in Market Value Driven by Growing Government Support and Escalating Legalization Industrial hemp market growth is being driven by the increasing government support regarding the cultivation of the product. Hemp cultivation is further favored by soaring legalization in various countries. However, the industry expansion could be hampered by strict regulations regarding the sale, marketing, and cultivation of the product in some countries. Regional Insights: Europe is dominating the Consumption of Industrial Hemp owing to Growing Legalization Europe industrial hemp market share is touted to grow at a considerable pace over the study period. The surge is propelled by the surging product usage across an array of end-user sectors such as pharmaceuticals, cosmetics, construction materials, textiles, and others. In North America, the U.S. and Canada dominate the market for industrial hemp. Meanwhile, demand across the Asia Pacific is slated to surge as awareness about the industrial uses of hemp rises. Competitive Landscape: Key Companies Ink Collaborations for Footprint Expansion Leading industry participants are formulating and implementing a series of strategic initiatives for strengthening their business positions. These include acquisitions, merger agreements, partnerships, and others. Additional steps include the formation of alliances, R&D activities, and the launch of new products. Key Industry Development: March 2020 – The Uzbekistan government legalized cannabis cultivation. The license was assigned to cultivators with a THC (tetrahydrocannabinol) level of less than 0.2%.

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