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

The sorbitol market is estimated to be valued at USD 1.89 Bn in 2024, growing at a compound annual growth rate (CAGR) of 6.8% from 2024 to 2031. Sorbitol is a sugar alcohol that is widely used as a food additive. It is found naturally in many fruits and berries. Sorbitol serves as a sweetener and humectant and helps retain moisture in many food products. It is approximately 60% as sweet as sucrose and has only about 2.6 calories per gram. Due to its low calorie content, low glycemic index, and non-cariogenic properties, sorbitol is often used as a substitute for sugar in sugar-free and reduced-calorie foods. It is also used as an emulsifying agent, thickener, and stabilizer in various products. The growing health awareness among consumers has been driving the demand for sugar substitutes like sorbitol.

 Market Dynamics:

The global sorbitol market is driven by rising health consciousness and demand for low calorie sugar substitutes. The increasing prevalence of obesity and diabetes has prompted consumers to switch to low sugar alternatives like sorbitol. However, high production costs and availability of alternative sugar alcohols are restraining the market growth. Development of innovative application areas represents an opportunity. Market players are investing in R&D to develop new product formulations using sorbitol. Advancements in extraction technologies are also helping lower production costs. Regulatory changes regarding the usage of sugar substitutes in different regions continue to impact the competitive landscape.

 Key features of the study:

• This report provides an in-depth analysis of the global sorbitol market, and provides market size (US$ Bn & KT) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global sorbitol market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include American International Foods, Inc., ADM, Cargill Incorporated, DuPont, Gulshan Polyols Ltd., Merck KGaA, Ecogreen Oleochemicals GmbH, Qinhuangdao Lihua Starch Co., Ltd., Roquette Frères, SPI Pharma, Tereos, Ingredion Incorporated, Kasyap Sweeteners, Ltd., Vizag Chemicals, CDH Fine Chemical, Gayatri bioorganics, and Silverline Chemicals
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global sorbitol market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Market Segmentation

• Product Type:
• • Liquid
  • Crystal
• Application:
• • Oral Care
  • Vitamin C
  • Diabetic & Dietetic Food & Beverage
  • Others (Surfactant, etc.)
• End-Use Industry:
• • Personal Care
  • Chemical
  • Food
  • Others (Pharmaceuticals, etc.)
• Regional:
• • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles:
• • American International Foods, Inc.
  • ADM
  • Cargill Incorporated
  • DuPont
  • Gulshan Polyols Ltd.
  • Merck KGaA
  • Ecogreen Oleochemicals GmbH
  • Qinhuangdao Lihua Starch Co., Ltd.
  • Roquette Frères
  • SPI Pharma
  • Tereos
  • Ingredion Incorporated
  • Kasyap Sweeteners, Ltd.
  • Vizag Chemicals
  • CDH Fine Chemical
  • Gayatri bioorganics
  • Silverline Chemicals