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Sorbitol Market Advancing Rapidly with Progressive Trends and Opportunities by 2032 | ADM, American International Foods Inc., Associated British Foods Plc, Cargill Incorporation

07-29-2024 08:50 AM CET | Food & Beverage

Press release from: Polaris Market Research & Consulting

Sorbitol Market

Sorbitol Market

The sorbitol market size is projected to be valued at USD 1.82 billion in 2023 and is expected to rise to USD 3.21 billion by 2032. The market is expected to register a CAGR of 6.5% during the forecast period from 2024 to 2032.

Various factors propelling the demand for sorbitol include:

The huge increase in demand for convenience foods around the world, combined with rising health concerns about sugar intake, is projected to drive market expansion.
An increasing population, changing consumer habits, and a growing preference for skin care and personal care goods all contribute to the growth.
Fast food and baked goods sales have increased, particularly in developing nations, as consumers embrace a Western lifestyle and their disposable incomes rise.

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What is Sorbitol?

A white, odorless crystalline powder with 50-60% of the sweetness of sucrose is sorbitol, commonly referred to as glucitol. High amounts of it are present in pears, apricots, plums, peaches, and apples. Sorbitol is a non-volatile, non-flammable, non-corrosive polyol that is excipient-compatible and chemically inert. Commercial production of it involves electrolytic reduction of corn syrup and glucose.

Top Companies:

The industry is marked by fierce competition, and the leading companies rely on cutting-edge technology, superior goods, and a strong brand identity to boost sales. Some of the leading companies in the sorbitol market are:

ADM
American International Foods Inc.
Associated British Foods Plc
Cargill Incorporation
Ecogreen Oleochemicals
Gujarat Ambuja Exports Ltd.
Gulshan Polyols Ltd
Ingredion Incorporated
Kasyap Sweetners Ltd.
MOSSELMAN
Roquette Frères
SPI Pharma Inc.
Sukhjit Starch & Chemicals Ltd.
Tereos SCA
The Archer-Daniels-Midland Company

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Regional Landscape:

North America (U.S., Canada)
Europe (Germany, UK, France, Italy, Spain, Netherlands, Austria)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, South Africa, Israel, UAE)

Segmental Breakdown:

The sorbitol market is mainly segmented on the basis of form, end-use, and region. Based on the form research, the demand for liquid sorbitol is predicted to rise during the forecast period due to its use in food & beverage and the pharmaceutical industries. Liquid sorbitol is inexpensive and straightforward to utilize in a variety of applications.

Furthermore, the end-use analysis predicts that demand for sorbitol in the food and beverage industry will be significant during the projection period. The growing popularity of baked goods, candy, and beverages for their increased texture and low-calorie content contributes to the segment's growth.

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Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

About Us:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

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