Sorbitol Market, By Product Type (Liquid and Crystal), By Application (Oral Care, Vitamin C, Diabetic & Dietetic Food & Beverage, and Others), By End-Use Industry (Personal Care, Chemical, Food, and Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa).

Published In : Mar 2024

Code : CMI6758

Pages :140

Formats :

Excel and PDF

Industry : Food and Beverages

Market Concentration and Competitive Landscape

Sorbitol Market Concentration By Players

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Growing personal care industry propelling usage in oral care products

The personal care market has witnessed sturdy expansion worldwide attributed to improving living standards and changing lifestyle patterns. For instance, according to the International Trade Administration, Thailand's beauty and personal care goods market was valued at around US$ 6.21 billion in 2018 and expanded to US$ 8.0 billion by 2022. The oral care segment, consisting of toothpaste, mouthwashes, and dental floss among others, represents a major application area for sorbitol. It is commonly used in toothpaste for functions such as moisturization, viscosity modification, and taste masking of active ingredients. In fact, sorbitol has established itself as the primary humectant in the majority of toothpaste brands available in global markets today owing to its excellent hydrating properties, stability, and ability to provide cleaning action. With increasing expenditure on oral healthcare, rising emphasis on dental hygiene and growing popularity of herbal and natural oral care products, the demand for specialized toothpaste formulas is on the rise. This has created lucrative opportunities for sorbitol suppliers.

Key Players Insights