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Sorbitol Market Is Likely to Experience a Tremendous Growth by 2029

08-24-2023 10:45 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Sorbitol Market Is Likely to Experience a Tremendous Growth

Sorbitol Market is anticipated to grow at a considerable CAGR of 5.2% during the forecast period. Crystal sorbitol is widely utilized as a food additive for producing frozen raw fish, roasted fish fillet, polydextrose (soluble dietary fiber), mint tablets, chewing gum, shrimp ball, and dried squid thread. It's also used in a variety of frozen aquatic products and sugar-free snacks. The growing demand for application products, primarily in meat products and frozen foods, is expected to promote market growth over the forecast period. Further, due to its ability to resist bacterial degradation and retain moisture, the crystal-based product is also applied as a humectant in various cosmetic products such as moisturizers and face cream. Other applications of crystal sorbitol include an application as a plasticizer in the production of capsule outer shell and as a filler and excipient in the production of pharmaceutical tablets.

Rising acquisitions, product approval, expansions, collaborations among the major players in the market also propel the growth of the market. For instance, in November 2016, Ingredion Inc entered into a definitive agreement to acquire Shandong Huanong Specialty Corn Development Co., Ltd. from Pingyuan County. This acquisition will vertically integrate the Ingredion manufacturing base for specialty ingredients. Further, in addition to reducing costs, it gives the company more control of the supply chain, with added food safety and sustainability benefits. The acquisition of Shandong Huanong adds a second manufacturing facility to Ingredion's operations in China. It will produce starch raw material for the Company's facility in Shanghai, which makes value-added ingredients for the food industry.

To Request a Sample of our Report on Sorbitol Market: https://www.omrglobal.com/request-sample/sorbitol-market

Market Coverage

• The market number available for - 2022-2030

• Base year- 2022

• Forecast period- 2023-2030

Segment Covered-

• By product

• By end-use

Regions Covered

• North America

• Europe

• Asia-Pacific

• Rest of the World

Competitive Landscape- Cargill Inc, Merck KGaA, DuPont Inc, Archer Daniels Midland Company, American International Foods Inc., SPI Pharma Inc among others

A full Report of Sorbitol Market is Available @ https://www.omrglobal.com/industry-reports/sorbitol-market

Sorbitol Market Report by Segment

By Product

• Liquid

• Crystal

By End-use

• Personal Care

• Chemical

• Food

• Pharmaceuticals

Sorbitol Market Report Segment by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

· Latin America

· Middle East & Africa

Company Profiles

· American International Foods Inc.

· Archer Daniels Midland Company

· Cargill Inc.

· DuPont Inc

· Ecogreen Oleochemicals GmbH

· Gujrat Ambuja Export Ltd

· Gulshan Polyols Ltd

· Gulshan Polyols Ltd.

· Ingredion Inc.

· Kasyap Sweeteners, Ltd.

· Merck KGaA

· Pfizer Inc

· Qinhuangdao Lihua Starch Co., Ltd.

· Roquette Freres

· SPI Pharma Inc.

· Sukhjit starch chemical ltd

· Tate & Lyle

· Tereos Starch & Sweeteners

Reasons to buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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