SORBITOL MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Name: Sorbitol Market News
Creator: Coherent Market Insights
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Keywords: Sorbitol Market, Sorbitol Market Size, Sorbitol Market Share, Sorbitol Market Analysis, Sorbitol Market Trends, Sorbitol Market Report, Sorbitol Market Research, Sorbitol Industry, Sorbitol Industry Report

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

Key Developments

Psaltry International launched the first and second largest cassava-based sorbitol factory in Africa on August 4, 2022, in Iseyin, Oyo State, Nigeria. The factory has a capacity to produce 25 tons of sorbitol per day and is a significant step in enhancing the cassava value chain in Africa.
In March 2022, Sunar Misir expanded its polyol portfolio by introducing Sunsorb Sorbitol Powder through an investment in a high-tech production facility in Turkey. This new product is designed for various applications, including sugar-free chewing gum, pharmaceuticals, and confectionery, offering excellent tableting properties.
In November 2020, Roquette introduced Lycagel, a plant-based softgel capsule containing pea starch, carrageenan (from marine microalgae), Neosorb sorbitol, and other components
In 2021, Archer Daniels Midland Company (ADM) completed the acquisition of Sojaprotein, a prominent Europe-based provider of non-GMO soy ingredients. This acquisition significantly expanded ADM's global alternative protein capabilities, enabling the company to meet the increasing demand for plant-based foods and beverages.