Sorbitol Market Projected to Surpass $1.28 Billion by 2023, CAGR of 5.5% | Worldwide Top Key Players - American International Foods, Cargill, Danisco, Ingredion Incorporated, Jeecon Foods, Merck, Roquette, SPI Pharma

Marketprognosis.com Publish a New Market Research Report On “Global Sorbitol Market 2018 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Sorbitol Market:

The Global Sorbitol Market is expected to reach USD 1.28 Billion by 2023, registering a CAGR of 5.5%, during the forecast period 2018-2023.

Merck one of the leading sorbitol manufactures developed directly compressible sorbitol Parteck® SI. The unique particle structure of Parteck® SI gives it distinctive physical properties, making it the perfect excipient for combining many ingredients into one elegant and robust tablet formulation.

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Sorbitol is majorly used as a sweetener or moisture-stabilizing agent in the production of confectionery, baked goods and chocolate, among many other products. The moisture-stabilizing action of this substance makes it a preferable choice for products that get dry or harden faster, thus, maintaining freshness during storage. Sorbitol can withstand high temperatures and can combine well with other food ingredients such as gelling agents, fats and sugars.

Sorbitol is used to impart taste and sweetness. An increased application of sorbitol in the food industry has augmented the market of non-calorie sweetener. Due increasing health awareness, and rising sugar prices, which in turn is pushing the manufacturers to reduce the sugar usage? Demand from major countries in the region, like Japan, China, and South Korea is also fueling the sorbitol market.

Consumption of sorbitol in other countries of the region, like India, Japan and Australia, is expected to grow at a steady rate due to the increasing diabetic and obese population and growing demand from the food and beverage industry. A high obesity and diabetes rate in South America region is pushing the awareness and growth of the sugar alcohol products. Sorbitol is expected to perform well in the region. Africa is one of the emerging markets, dominated by the developing countries such as South Africa and Egypt. Although, it is in its nascent stage, it is expected to grow at a faster pace during the forecast period. The global sorbitol market is currently dominated by Cargill, Tate & Lyle Plc., DuPont Danisco etc all together accounting for 47% of the market share. Strong brand loyalty for brands like Cargill, and Tate & Lyle in the emerging countries is the primary reason for these players enjoying a strong foothold in these markets.

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Major Key Players:

1 American International Foods

2 Archer Daniels Midland (ADM)

3 Cargill

4 Danisco

5 Gulshan Polyols Ltd.

6 Ingredion Incorporated

7 Jeecon Foods Pvt. Ltd.

8 Merck

9 Roquette

10 SPI Pharma, Inc. and More……………..

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What Information does this report contain?

1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants

2 Which are the leading market products, applications & regions and how will they perform by 2023?

3 What are the technologies & innovation trends, how will they evolve by 2023?

4 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Sorbitol Market.

Table of Contents:

1 Introduction

2 Sorbitol Market Overview

3 Sorbitol Market Overview

4 Sorbitol Market Segmentation

5 Competitive Landscape

6 Company Profiles

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