Press release
Sorbitol Market to Expand At An Amazing Rate in 2024 - 2031 | American International Foods, Inc.
Market Overview: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:
Rising demand for sugar-free and low-calorie food items from health-conscious consumers is a key driver boosting the sorbitol market. Sorbitol contains approximately 2.6 calories per gram compared to 4 calories per gram of sugar, which makes it a popular substitute for sugar in food applications. Additionally, increasing use of sorbitol in personal care products such as lotions, creams, and foot powders owing to its moisturizing and skin conditioning properties is also fueling market growth. The global personal care industry has been growing at a steady rate over the past few years. Furthermore, sorbitol acts as an important intermediate in vitamin C production. Vitamin C finds wide application as an antioxidant in pharmaceuticals and supplements which in turn is increasing demand for sorbitol.
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Stringent Regulations on Sugar Intake Can Hamper the Sorbitol Market Growth
Sorbitol, being a sugar alcohol, has a relatively lower glycemic index compared to conventional sugars and provides the bulk and taste of sugar. However, it has around 60% fewer calories than sugar and does not promote tooth decay. Still, excessive consumption of sorbitol is not considered good as it can cause gastrointestinal issues like bloating, gas, and diarrhea in some people when taken in large amounts.
Stringent regulations by governments and food regulatory bodies across countries to reduce sugar intake can negatively impact the demand for sorbitol. The initiatives to curb obesity, diabetes, and other sugar-related health issues have led several countries and organizations to set guidelines and impose taxes on foods high in sugar content. This can restrict the use of sorbitol as a sugar substitute to some extent. However, the compliance with regulations remains a key challenge restraining robust market growth.
Increasing Demand for Low-Calorie and Sugar-Free Food Products Spells Opportunity
With the growing health and wellness trend, customers are increasingly inclined toward food products with low sugar and calorie content. This changing consumer preference for healthier sweetening and bulking agents is opening up an opportunistic space for sorbitol. The manufacturers across food, beverage, and personal care sectors are leveraging sorbitol's functional profile to develop innovative low-calorie, sugar-free, and sugar-reduced formulations. Furthermore, growing lactose intolerance among consumers has created a demand for sugar-free dairy products using sorbitol.
The expanding reach of e-commerce channels and exposure to global food trends are also influencing local food markets to offer low-cal options. This wide acceptance of functional sweeteners and alternative ingredients spells growth potential for sorbitol. Moreover, advancements in production technologies will further support producing new formulations with natural and clean-label profiles using sorbitol.
Increasing Demand from Emerging Economies Will Shape Future Growth Trends
Looking ahead, favorable economic growth and expanding middle-class population in developing regions will remain key drivers catapulting future demand. The International Diabetes Federation (IDF) predicts that around 82% of people with diabetes will be residing in low and middle-income countries by 2045. This proliferation of diabetes and related health issues will foster the uptake of sugar-free formulations using sorbitol.
Emerging economies like China, India, Brazil, Mexico, and other Asian countries are fast catching up with economic development. Their growing spending on convenience foods, healthcare, and personal care will potentially drive the consumption of sorbitol. Moreover, trends like on-the-go consumption, increasing urbanization, and rising women workforce also support the expansion of end-use segments using sorbitol. Thus, a growing middle class in developing regions will influence the future growth trends in the global sorbitol market positively.
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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 Classified as Follows:
ยป North America (U.S., Canada, Mexico)
ยป Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
ยป Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
ยป South America (Brazil, Argentina, Rest of SA)
ยป Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
Key Inquiries Addressed in this Report include:
What was the size of the Sorbitol Market in 2024, and what is the projected value by 2031?
What is the present global market landscape for the Sorbitol Market?
What strategies offer optimal opportunities for growth maximization in the business?
What recent trends are shaping the Sorbitol Market?
How does the market share of Sorbitol Market revenue, sales, and size vary across specific geographical regions?
Who are the prominent industry players in the Sorbitol Market?
Which segment of the Sorbitol Market is experiencing heightened demand?
The report also delves into the competitive landscape, key players, trade patterns, industry value chain, recent news, policies, and regulations. Should you have any inquiries or require customization options, please don't hesitate to contact us.
In summary, whether you're engaged in manufacturing, distribution, or investment within the Sorbitol sector, this report furnishes invaluable insights into market segments, drivers, challenges, investment prospects, regional dynamics, major players, growth strategies, prevailing trends, and hurdles influencing the industry's expansion.
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Author Bio:
Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.
(LinkedIn- https://www.linkedin.com/in/priya-pandey-8417a8173/)
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