Title: Sorbitol Market (5.50% CAGR) 2021-2030
1Sorbitol Market Size, Share, Growth, Global
Leading Players, Industry Analysis, Future
Business Prospects by Forecast to 2030
According to ChemAnalyst report, Sorbitol Market
Analysis Plant Capacity, Production, Operating
Efficiency, Demand Supply, End Use,
Distribution Channel, Region, Competition,
Trade, Customer Price Intelligence Market
Analysis, 2015-2030, The Sorbitol market has
witnessed significant growth as it reached 550
thousand tonnes in 2020 and is anticipated to
achieve an impressive CAGR of 5.50 during the
forecast period until 2030. Continuously growing
demand for diabetic and diet foods as it is
widely used as a reduced-calorie alternative to
sugar by the major end-use industry i.e., food
and beverages are likely to boost the market
around the world within the next ten years. The
production of Sorbitol is highly associated with
the safety standards on human health before it
can be introduced in the market, which further
enhances the standard compliance. Sorbitol also
known as D-Sorbitol, or D-glucitol is a form of
carbohydrate that falls under the category of
sugar alcohols called polyols. Sorbitol is
generally produced via a glucose reduction
reaction in which the aldehyde group is converted
into a hydroxyl group in the presence of a
catalyst called aldose reductase. Sorbitol is
2extensively utilized as a sweetener, humectant,
additive, texturizer, stabilizer, and a bulking
agent in pharmaceutical, food, cosmetics, paper,
leather, and other industries. It is also used
as a feedstock for various chemicals including
vitamin C, surfactants, resins, etc. According
to the U.S. Food and Drug Administration (FDA),
European Union, and World Health Organization
(WHO), the consumption of Sorbitol is reviewed
and recognized as safe, as well as potentially
support digestive and oral health. Read Full
Report Here https//www.chemanalyst.com/industry-
report/sorbitol- market-647 Global Sorbitol
Market is segmented on the basis of type,
application, sales channel, and region. Based on
type, there are two types of Sorbitol available
in the market including liquid and powder. The
powder/crystalline form of Sorbitol is primarily
used in specialty foods, sweets, frozen fish and
meat products, and pharmaceuticals. Whereas the
liquid form of Sorbitol finds its applications in
Pharmaceuticals and cosmetic emulsions. The
liquid segment dominates the Sorbitol market
across the globe due to its high demand for
numerous applications. On the basis of
applications, the market is segregated into
pharmaceuticals, personal care cosmetics, food
beverages, and others. Among these, a plethora
of applications in the food and beverage industry
dominates the Sorbitol market across the globe.
Continuously growing demand for Sorbitol in the
pharmaceutical industry, as it is widely
utilized as a laxative and helps to combat
constipation and is expected to bolster the
Sorbitol market in coming years. The rising
number of diabetic patients and health-conscious
consumers are propelling the demand for Sorbitol
as it is widely used in the food and
confectionary items as a reduced-calorie
alternative to sugar and is likely to boost the
Sorbitol market globally in the next few years.
Continuously growing demand for Sorbitol due to
its numerous applications in end-use industries
is driving the sorbitol market across the globe.
Due to the unique properties of Sorbitol, it can
be easily incorporated with other food products
without altering the recipe and is
anticipated to accelerate the
3- overall demand for Sorbitol by the cosmetic and
pharmaceutical industry around the world. The
surging demand for Sorbitol for the manufacturing
of a wide range of cosmetic and skincare
products like lotions, moisturizers, aftershave
creams, shampoos, etc. it serves as a humectant
and prevents moisture loss from skin and hair,
is likely to boost the Sorbitol market over the
next few years. - In 2016 during December, Cargill, Incorporated
U.S, a key player introduced an innovation
center in China named Cargill ONE to produce
animal protein, sweeteners, cocoa, edible oils,
and starches, which mainly focused on new flavors
and innovative food products in China. - On the onset of COVID-19 in 2020, leading
authorities in emerging countries imposed
countrywide lockdowns and strict social
distancing norms which led to the unprecedented
decline in demand and sales of Sorbitol in the
first half of 2020. However, there was not much
effect of the pandemic on the overall Sorbitol
industry as there was a surge in the demand for
sorbitol in the pharmaceutical, food
beverages, and personal care industries. As soon
as the lockdown restrictions are uplifted, the
market of sorbitol is expected to boost by the
end of the year. - Get Sample Report For Detail Information
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m - Region-wise, the Asia Pacific region holds the
major share in the Sorbitol market across the
globe owing to the rapidly increasing demand for
Sorbitol by the end- use industries including
cosmetics, food and beverages, personal care, and
others especially in emerging countries such as
China and India. Continuously increasing demand
for sorbitol for the manufacturing of cosmetics
and personal care products is likely to bolster
the Sorbitol market across the globe. Rising
awareness for diet and low-calorie food further
propelling the demand for sorbitol around the
world. - Major Players
- American International Foods, Inc.,
4- ADM,
- Cargill,
- Incorporated.,
- DuPont,
- Gulshan Polyols Ltd.,
- Merck KGaA,
- Kasyap Sweeteners,
- Qinhuangdao Lihua Starch Co., Ltd.,
- Roquette Frères,
- SPI Pharma,
5- Report Scope
- In this report, Sorbitol market has been
segmented into following categories, in addition
to the industry trends which have also been
detailed below - By Application
- Pharmaceuticals
- Food Beverages
- Personal Care Cosmetics
- Others)
- By Type
- Liquid
- Powder
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