Press release
Sorbitol Market Pegged for Robust Expansion During 2024 - 2031 | American International Foods, Inc.
Sorbitol Market
The sorbitol market is estimated to be valued at USD 1.89 Bn in 2024 and is expected to reach USD 3.0 Bn by 2031, growing at a compound annual growth rate (CAGR) of 6.8% from 2024 to 2031.
Market Dynamics:
The global sorbitol market is primarily driven by its growing demand from personal care industry owing to its humectant and viscosity-controlling properties. Sorbitol helps retain moisture in creams, lotions as it has hygroscopic nature and acts as a humectant. It also helps enhance the texture and thickness of these products. Moreover, rising health consciousness among consumers has fueled the demand for oral care products with sorbitol as a key ingredient. Additionally, increasing usage of sorbitol as sugar substitute in low calorie foods and beverages is also contributing to the market growth during the forecast period.
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Increasing Demand for Sugar-Free Food Products is Driving the Sorbitol Market Growth
The demand for sugar-free and low-calorie food products is growing significantly across the globe owing to the rising health awareness among consumers. Sorbitol is an important sugar substitute that is low in calories and does not spike blood glucose levels. It is widely used in sugar-free candies, chewing gums, mints, and other confectionery products to provide sweetness without unhealthy calories. The low glycemic index of sorbitol makes it a preferred sweetener for diabetic and diet-conscious consumers. Moreover, the expanding bakery industry is relying more on sorbitol as a natural sweetener and humectant agent in various bakery products such as cakes, biscuits, and breads. Thus, the increasing production of low-sugar and sugar-free food varieties is fueling the demand for sorbitol, propelling the market growth.
Development of Novel Production Processes Presents Significant Growth Prospects
While grain-based production is the dominant commercial process, leveraging new technologies and bio-based raw materials can open long-term growth avenues for sorbitol producers. Research on innovative processes such as enzymatic production using sucrose or cellulosic biomass feedstock can help address raw material constraints. Enzyme technology enables the conversion of inexpensive and abundantly available biomass sources into sorbitol. This can provide cost competitiveness and long-term supply security compared to grain-based sorbitol. Development of advanced bio-manufacturing techniques using agricultural residues and cellulosic wastes presents lucrative opportunities, especially for players targeting the pharmaceutical-grade sorbitol segment. Novel enzymes and modified catalytic systems can facilitate economical production of highly pure sorbitol for medicine applications. Technology advances in bio-based sorbitol manufacturing are expected to play a strategic role in industry competitiveness going forward.
Rise of Natural and Organic Products is Shaping Future Market Trends
The global sorbitol market is anticipated to be influenced considerably by new health and wellness trends in the F&B sector. The demand for clean-label, natural, and organic products is surging across major regions. There is growing consumer inclination toward ingredients derived from non-GMO, plant-based, and sustainable sources. Naturally sourced sorbitol produced from berries, apples, and other fruits using natural extraction processes holds immense potential to tap into premium market segments. This could provide niche applications and higher profit margins compared to corn-based commercial sorbitol. Additionally, the expansion of the natural
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Top Companies Featured in This Report:
โ American International Foods Inc.
โ ADM
โ Cargill Incorporated
โ DuPont
โ Gulshan Polyols Ltd.
โ Merck KGaA
โ Ecogreen Oleochemicals GmbH
โ Qinhuangdao Lihua Starch Co., Ltd.,
โ Roquette Frรจres
โ SPI Pharma
โ Tereos
โ Ingredion Incorporated
โ Kasyap Sweeteners Ltd.
โ Vizag Chemicals
โ CDH Fine Chemical
โ Gayatri bioorganics
โ Silverline Chemica
Market Segmentation:
By Product Type:
โ By Product Type: Liquid and Crystal
โ By End-Use Industry: Personal Care, Chemical, Food, and Others (Pharmaceuticals, etc.)
By Applications:
โ By Application: Oral Care, Vitamin C, Diabetic & Dietetic Food & Beverage, and Others (Surfactant, etc.)
Key Regions/Countries are Classified as Follows:
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
South America (Brazil, Argentina, Rest of SA)
Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
Reasons to Obtain Our Comprehensive Market Report:
โข Conduct an extensive analysis of various aspects of the Sorbitol Market utilizing Porter's Five Forces framework.
โข Gain insights into the growth rate and market shares of different product types and applications/end-users within the Sorbitol Market.
โข Explore the Sorbitol Market dynamics across different regions through comprehensive regional analysis.
โข Assess the impact of Covid-19 on the Sorbitol Market with a meticulous research approach.
โข Stay updated on the latest developments, market shares, and strategies of key market players within the Sorbitol Market.
โข Delve into a thorough evaluation of the market strategies, geographical presence, and business segments of the top players in the Sorbitol Market.
โข Anticipate key challenges, product advancements, and solutions that may influence the market's progression and threats.
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Key Questions Answered:
โข What was the size of the Sorbitol Market in 2021, and what will it be worth by 2030?
โข What is the current global scenario for the Sorbitol Market?
โข What are the optimal business strategies for maximizing growth potential?
โข What are the recent trends in the Sorbitol Market?
โข What is the market share in terms of revenue, sales, and size in specific geographical regions?
โข Who are the key industry players in the Sorbitol Market?
โข Which segments of the Sorbitol Market are in high demand?
Author Bio:
Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. (https://www.linkedin.com/in/money-singh-590844163)
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