Sorbitol Market: Major Trends Reshaping the Future of the Industry

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What Will the Sorbitol Industry Market Size Be by 2025?
The sorbitol industry has seen a robust expansion over the recent years. It is expected to escalate from $1.83 billion in 2024 to $1.96 billion in 2025, with a compound annual growth rate (CAGR) of 7.1%. The growth previously experienced can be linked to a surge in the utilization of sorbitol in personal care, economic advancement, rising disposable incomes in developing regions, escalated usage of sorbitol as an excipient in pharmaceutical creations, and its application in industrial domains.

What's the Long-Term Growth Forecast for the Sorbitol Market Size Through 2029?
Anticipations are high for a robust expansion in the sorbitol market in the coming years. It is projected to reach $2.55 billion by 2029, with a compound annual growth rate (CAGR) of 6.8%. The forecasted growth can be credited to a greater focus on sustainability, the ongoing surge in health and wellness, increased usage of sorbitol in pharmaceutical formulations as an excipient, sustained regulatory backing, and growing consumer preference for natural and plant-derived sweeteners. The upcoming trends within the forecast period encompass an expansion in the personal care and cosmetics sector, escalating growth in the pharmaceutical field, amplification in technological advancements, and expansion in emerging markets, along with innovative developments in food and beverage products.

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What Are the Key Growth Drivers Fueling the Sorbitol Market Expansion?
The escalating incidences of diabetes are forecasted to boost the expansion of the sorbitol market. Defined by high sugar levels due to lack of sufficient insulin production or inefficient utilization of produced insulin, diabetes is a persistent health condition. Factors such as growing rates of obesity, sedentary habits, poor diet choices, and increasing elderly populace affect the diabetes market. Owing to its low glycemic index and lesser calories, sorbitol is favored as a sugar alternative in products for diabetics, aiding them in keeping their blood glucose levels in check while indulging in their favorite sweet dishes. For example, as per the National Health Service (NHS), a governmental department based in the UK, the diabetes cases in individuals younger than 40 have seen a stark rise, from 173,166 in 2022 to 216,440 in 2023 in June 2024. This marked rise underlines an alarming pattern of increasing diabetes incidences in the younger age group. Hence, the escalating prevalence of diabetes is anticipated to fuel the growth of the sorbitol market.

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What Are the Key Trends Driving Sorbitol Market Growth?
Major corporations in the sorbitol market are making moves to adapt various forms of sorbitol, such as powdery sorbitol, to meet the ever-changing needs of consumers and leverage the escalating usage of sorbitol in a range of industries. Sorbitol powder, a glucose-derived sugar substitute, is frequently used in the food, cosmetic, and pharmaceutical sectors for its sweet and moisturizing characteristics. As an example, in March 2022, Turkey's corn ingredient producer Sunar Misir introduced Sunsorb, a specific sorbitol powder made for diverse uses, producing a refreshing feeling perfect for sugar-less chewing gum. Its chilling effect provides a freshness boost and ensures the best textural quality in tablet-making processes, producing sturdy tablets fit for confectionery and medicinal purposes. Sunsorb Powder, with its remarkable tablet-making attributes, is the go-to choice for medicinal quality effervescent, chewable, and easy-to-swallow tablets, and a trusted binding agent in lozenges and pellets.

How Is the Sorbitol Market Segmented?
The sorbitol market covered in this report is segmented -

1) By Product: Liquid, Crystal
2) By Application: Oral Care, Vitamin C, Diabetic And Dietetic Food And Beverage, Surfactant, Other Applications
3) By End User: Personal Care, Chemical, Food, Pharmaceuticals, Other End Users

Subsegments:
1) By Liquid Sorbitol: Food Grade Liquid Sorbitol, Industrial Grade Liquid Sorbitol, Pharmaceutical Grade Liquid Sorbitol, Liquid Sorbitol For Cosmetics And Personal Care
2) By Crystal Sorbitol: Food Grade Crystal Sorbitol, Pharmaceutical Grade Crystal Sorbitol, Industrial Grade Crystal Sorbitol, Crystal Sorbitol For Cosmetics And Personal Care

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Which Companies Are Leading the Charge in Sorbitol Market Innovation?
Major companies operating in the sorbitol market are Cargill Incorporated, Archer Daniels Midland Company, Merck KGaA, DuPont de Nemours Inc., Ingredion Incorporated, Tereos SA, Roquette Frères, Sigma-Aldrich Co. LLC., Luzhou Group, Dancheng Caixin Sugar Industry Co. Ltd., Futaste Pharmaceutical Co. Ltd., Ecogreen Oleochemicals, PT Sorini Agro Asia Corporindo Tbk, Sorini Agro Asia Corporindo Tbk, Gulshan Polyols Ltd., Spectrum Chemical Manufacturing Corp, SPI Pharma, TCI Chemicals Pvt. Ltd., Sukhjit Starch & Chemicals Ltd., Kasyap Sweeteners Ltd., B Food Science Co. Ltd, American International Foods Inc, Mitsubishi Shoji Foodtech Co. Ltd., Ueno Fine Chemicals, Qingyuan Foods

Which Regions Are Leading the Global Sorbitol Market in Revenue?
North America was the largest region in the sorbitol market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sorbitol market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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