Sorbitol Market, By Function (Sweetener, Bulking Agent, Flavoring Agent, Humectant, Others) By Produ

Published Date: | Report Code : CH1945671

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The Global Sorbitol Market Size is expected to promise high growth owing to increasing demand for Liquid/Syrup sorbitol segment in the recent years. same time increasing demand from direct and indirect applications including cosmetics & personal care, food & beverage, pharmaceuticals and chemicals is expected to drive the growth of the market. Sorbitol is a form of sweetener which is obtained from items such as corn syrup and various fruits like berries, pear, prunes, or apples. The demand for sorbitol is on a rise due to various aspects such as its ability to act as a thickening agent, humectant agent, anti-crystalizing agent as well as a sweetening agent. Sorbitol is preferred by the food and beverage industry as it is a close substitute to sugar, providing natural sweetness along with the low caloric value. 

Segment Insights

Sorbitol is not only used in the food and beverage industry but also other industries such as pharmaceuticals and personal care. Sorbitol is used in the pharmaceutical industry as sweeten syrups and other forms of medicines. While in personal care products sorbitol is used due to its humectant, and thickening quality and is widely used in products such as moisturizers and creams, toothpaste, and others. Thus the segments of pharmaceuticals and personal care are estimated to hold ample share in the global sorbitol market.

The Liquid/Syrup sorbitol segment is expected to lead the market. Liquid or syrup sorbitol is majorly utilized by the cosmetic & personal care industry. Liquid sorbitol is low in cost as compared to crystal or powdered sorbitol. Liquid sorbitol has many more benefits such as its ability to provide a cooling effect, excellent compressibility, etc. Hence these are widely used to manufacture cosmetics, mouth fresheners, soaps & detergents, chewing gum, and shaving creams.

Key Factors Impacting Market Growth:

  • Demand for low-calorie food on rise
  • Consumption of sugar-based items leading to health issues
  • Increasing demand from emerging markets like food and beverage
  • Constantly changing prices of sugar 

Regional Analysis

On the basis of the region, the sorbitol market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. North America and Western Europe being some of major markets are also traditional suppliers of chemicals such as specialty chemicals, bulk chemicals, and so on. Major companies in this market are headquartered in North America and Western Europe. This region has been witnessing number of transitions in terms of productions of chemicals and respective applications by end-use industries. The preference towards bio-based feedstock has been instrumental in the development of the green alternatives in these regions. Moreover, regulatory authorities have imposed strict guidelines with regards environmental concerns and health hazards due to potential exposure. This has been more instrumental in the Western Europe region competitively. Some of the major economies in these regions include US, Germany, UK, France, Canada, Italy, Spain, and so on.

Asia Pacific and Middle East are expected to register high growth in sorbitol market during the forecast period. This demand is with regards to the growth of major end-use industries such as cosmetics & personal care, food & beverage, pharmaceuticals, chemicals and other. Major countries in Asia Pacific region include China, South Korea, Japan, India, Australia, and So on. Middle East includes UAE, Saudi Arabia, Iran, Israel, Egypt, and so on. Eastern Europe has been largely dominated by Russia and Turkey with operations of major chemical giants in the region. Rest the World that includes South America and Africa has a strong potential for sorbitol market. There has been increasing number of investments by global companies in these regions to strengthen their presence and tap the potential market. Major economies in these regions for sorbitol market include Brazil, South Africa, Nigeria, Argentina, Colombia, and others.

Companies Covered: Roquette Frères Corporation, Cargill Inc., Ingredion Incorporated, Tereos Starch & Sweeteners, Archer Daniels Midland, SPI Pharma Inc., Ecogreen Oleochemicals Pte., Merck Millipore Corp., Starch & Chemicals Ltd., Gulshan Polyols Ltd… 

Market Segmentation:

By Function:

  • Sweetener
  • Bulking Agent
  • Flavoring Agent
  • Humectant
  • Others

By Product Type:

  • Liquid/Syrup Sorbitol
  • Powder/Crystal Sorbitol

By Application:

  • Direct Application
    • Cosmetics & Personal Care
    • Food & Beverage
    • Pharmaceuticals
    • Others
  • Indirect Application
    • Chemicals

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Function
    • By Product Type
    • By Application
  • Western Europe:
    • By Country (Germany, UK, France, Spain, Rest of Western Europe)
    • By Function
    • By Product Type
    • By Application
  • Eastern Europe:
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Function
    • By Product Type
    • By Application
  • Asia Pacific
    • By Country (China, Japan, India, Rest of Asia Pacific)
    • By Function
    • By Product Type
    • By Application
  • Middle East:
    • By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
    • By Function
    • By Product Type
    • By Application
  • Rest of the World
    • By Region (South America, Africa)
    • By Function
    • By Product Type
    • By Application

Reasons To Buy This Report:

  • Market size estimation of the sorbitol market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

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