Title: Sorbitol Market
1Sorbitol Market To Reach USD 2.18 Billion By 2027
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2 Market Summary
Growing inclination towards organic personal care
products is one of the significant factors
influencing market growth. Market Size USD
1.31 billion in 2018, Market Growth - CAGR of
5.7, Market Trends Growing health issues owing
to sugar consumption The global sorbitol market
is expected to reach USD 2.18 Billion by 2027,
according to a new report by Reports and
Data. Growing inclination towards organic
cosmetic products is likely to drive market
growth. Sorbitol is used as a humectant as well
as a thickening agent, among others, in
cosmetics. As a humectant, sorbitol checks loss
of moisture by drawing water from the air through
osmosis, thus maintaining the moisture level of
both the skin and the hair. Moreover, it finds
frequent use in gel products, owing to its
ability to retain moisture. As a thickening
agent, it sees widespread application in the
cosmetics, owing to their ability to impart
preferred utility features such as viscosity,
consistency, or adhesion, to the products.
3 Our Approach
Market Summary
- Further key findings from the report suggest
- By industry vertical, the food beverage
industry dominated the market in 2018 and is
forecasted to experience a growth rate of 5.4 in
the period 2019-2027. Sorbitol finds extensive
application in the food beverage industry as a
sweetener, humectant, and bulking agent, among
others. - By application, sweeter held the largest market
share in 2018 and is projected to grow at a rate
of 5.1 in the forecast period. - The market in North America region accounted for
the second-largest market share in 2018 and is
estimated to grow at a rate of 5.0 in the
forecast period. The demand for sorbitol in North
America is attributed to the growing awareness
about the dietary supplements as well as their
nutritional advantages amongst the consumer in
the region. - By product type, liquid sorbitol contributed to a
larger market share in 2018 and is likely to grow
at a rate of 6.1 in the forecast period. The
high market demand for liquid sorbitol is owing
to its increasing demand as sweetener in the food
beverage and pharmaceutical industry. Besides,
economical production cost and ease of use of
this product type are responsible for its high
market share. - Request for a sample of this research report _at_
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4 Our Approach
Market Summary
- Key participants America International Foods
Inc., Archer Daniels Midland, Cargill Inc.,
DuPont, Merck KGaA, SPI Pharma, Roquette Frères,
Tereos Starch Sweeteners, Ecogreen
Oleochemicals Pte. Ltd., and Gulshan Polyols
Ltd., among others. - For the purpose of this report, Reports and Data
have segmented the global sorbitol market on the
basis of product type, application, industry
vertical, and region - Product Type Outlook (Volume, Kilo Tons
2016-2027 and Revenue, USD Million 2016-2027) - Liquid Sorbitol
- Powder Sorbitol
- Application Outlook (Volume, Kilo Tons 2016-2027
and Revenue, USD Million 2016-2027) - Sweetener
- Flavoring Agent
- Bulking Agent
- Humectant
- Others
5 Our Approach
Market Summary
- Industry Vertical Outlook (Volume, Kilo Tons
2016-2027 and Revenue, USD Million 2016-2027) - Food Beverage
- Cosmetics Personal Care
- Pharmaceuticals
- Others
- Regional Outlook (Volume, Kilo Tons 2016-2027
and Revenue, USD Million 2016-2027) - North America
- Europe
- Asia Pacific
- Latin America
- MEA
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6About Us
Our Approach
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