Press release
Sorbitol Market Size to Boost USD 2.98 Billion By 2032 | CAGR 6.1% - Published by Emergen Research
Sorbitol Market
The report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
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Drivers of the Sorbitol Market :
Several factors contribute to the growth of the sorbitol market. One of the primary drivers is the increasing demand for low-calorie sweeteners and sugar substitutes, particularly in the food and beverage industry. With rising health consciousness and the prevalence of lifestyle-related diseases like obesity and diabetes, consumers are actively seeking healthier alternatives to sugar, thereby propelling the demand for sorbitol. Additionally, the expanding pharmaceutical and cosmetics sectors utilize sorbitol extensively in formulations due to its moisturizing properties, further driving market growth.
Restraints Impacting the Sorbitol Market :
Despite the promising growth prospects, the sorbitol market faces certain challenges. One of the significant restraints is the fluctuating prices of raw materials, primarily glucose, which directly impacts the production cost of sorbitol. Moreover, stringent regulations regarding the use of sugar alcohols in food and pharmaceutical products pose compliance challenges for manufacturers. Additionally, the growing popularity of alternative sweeteners like stevia and erythritol poses a competitive threat to the sorbitol market, compelling companies to innovate and differentiate their products to maintain market share.
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The report also discusses the key players involved in the market such as:
ADM, Cargill, Incorporated, Roquette Frères, Ingredion, SPI Pharma, Merck KGaA, Gulshan Polyols Ltd., Batory Foods, Shandong Lianmeng Chemical Group Co., Ltd., Jeecon Foods Private Limited, B Food Science Co., Ltd., American International Foods, Inc., Spectrum Chemical, B Food Science Co., Ltd., The Sukhjit Starch & Chemicals Ltd., Gujarat Ambuja Exports Limited, Informa Markets, Sayaj, Tereos, and The Sukhjit Starch & Chemicals Ltd
The report provides a thorough estimation of the overall impact of the pandemic on the Sorbitol Market and its vital segments. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the Sorbitol Market
Sorbitol Latest Industry News
On 10 March 2022, Sunar Misir announced the launch of a new product, Sunsorb Sorbitol Powder, to its polyol line via an investment in a high-tech manufacturing facility in Turkey. Sunsorb Sorbitol Powder adds powerful freshness to sugar-free chewing gum and also aids in the production of excellent texture and hard tablets for both confectionary and pharmaceutical purposes because of its cooling effect.
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Sorbitol Market Segment Analysis :
For the purpose of this report, Emergen Research has segmented the global sorbitol market on the basis of type of sorbitol, source, end-use, application, grade, distribution channel, and region:
Type of Sorbitol Outlook (Revenue, USD Billion; 2019-2032)
Liquid Sorbitol
Powder Sorbitol
Source Outlook (Revenue, USD Billion; 2019-2032)
Corn
Wheat
Rice
Others
Application Outlook (Revenue, USD Billion; 2019-2032)
Sweeteners
Humectants
Excipients
Others
Grade Outlook (Revenue, USD Billion; 2019-2032)
Food Grade
Pharmaceutical Grade
Industrial Grade
Distribution Channel Outlook (Revenue, USD Billion; 2019-2032)
Direct Sales
Distributors
Online Retail
End-use Outlook (Revenue, USD Billion; 2019-2032)
Food & Beverage (F&B)
Pharmaceuticals
Personal Care and Cosmetics
Chemicals
Others
Regional Outlook (Revenue, USD Billion; 2019-2032)
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of Middle East & Africa
Browse Full Report Description + Research Methodology + Table of Content + Infographics @ https://www.emergenresearch.com/industry-report/sorbitol-market
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Request a Free Sample Report Now: https://www.procurementresource.com/reports/sorbitol-manufacturing-plant-project-report/request-sample
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