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Global Sorbitol Market Share, Size, Price Trends And Forecast (2018-2023)

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Title: Global Sorbitol Market Share, Size, Price Trends And Forecast (2018-2023)


1
Global Sorbitol Market Influenced by Surging
Demand for Low-Calorie Products
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2
About IMARC Group
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Report Description and Highlights
Report Description
Global Sorbitol Market Influenced by Surging
Demand for Low-Calorie Products The global
sorbitol market has grown at a stable rate over
the past few years. This can be accredited to the
several applications of sorbitol in a wide array
of industries. Additionally, growing health
awareness has escalated the demand for
low-calorie food products among the consumers,
thereby fuelling the market growth. Sorbitol is
a kind of sugar alcohol which occurs naturally in
plants and fruits and can also be manufactured
synthetically from glucose. Due to its
non-cariogenic and sweetening properties,
sorbitol is used in the production of a wide
range of products such as toothpastes, candies,
ice-creams, syrups, jams, jellies, beverages,
etc. Apart from this, it also works as a laxative
by drawing water into the large intestine,
thereby stimulating the bowel movements. A new
research report by IMARC Group, titled Sorbitol
Market Global Industry Trends, Share, Size,
Growth, Opportunity and Forecast 2018-2023,
estimates that the global sorbitol market reached
a volume of 2,517,000 Metric Tons in 2017,
growing at a CAGR of 2.4 during 2010-2017. The
report further anticipates the market to cross a
volume of 2,804,000 Metric Tons by 2023.
4
Report Description and Highlights
Report Description
  • Global Sorbitol Market Drivers/Constraints
  • One of the major factors driving the sorbitol
    market growth is the wide range of applications
    of sorbitol in diverse industries. It is used as
    an additive, sweetener and thickening agent in
    the food industry bodying agent in textile,
    paper and pharmaceutical industries moisturiser
    in cosmetic and personal care products, etc.
  • Sorbitol is a low-calorie natural sweetener owing
    to which it is used as one of the key ingredients
    in dietary foods and beverages. Growth in the
    number of diabetes patients has increased the
    sales of food products containing sorbitol,
    thereby propelling the market growth. Further,
    increasing health awareness has contributed in
    attracting a larger consumer-base.
  • Sorbitol is also used as a feedstock for
    manufacturing vitamin C. However, due to over
    production of vitamin C, the market has witnessed
    a decline in the recent years, leading to
    increased application in other segments.
  • There are several factors that hamper the
    sorbitol market growth. Uncertain supply of raw
    material has caused fluctuation in the price of
    sorbitol, in turn, influencing the profitability
    of the manufacturers.
  • Read more here https//www.imarcgroup.com/glob
    al-sorbitol-glucitol-market

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Report Description and Highlights
Report Description
Application Insights On the basis of
application, pharmaceuticals account for more
than a third of the total sorbitol market,
representing the leading segment. Within this
sector, the majority of sorbitol is used for
manufacturing ascorbic acid. The pharmaceuticals
segment is followed by toothpaste, food and
beverages, cosmetics and toiletries, and
industrial surfactants. Type
Insights The market has also been divided on the
basis of type into liquid and powder sorbitol.
Currently, liquid sorbitol accounts for the
majority of the total sales, representing the
leading segment. This is due to its ability to
bind water molecules and stabilize the mass in
various personal care products, cosmetics, foods
and beverages. Request Sample Of The Report
https//www.imarcgroup.com/request?typereportid
553flagB
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Report Description and Highlights
  • Feedstock Insights
  • Based on feedstock, the market has been segmented
    into corn, cassava and wheat. Amongst these, corn
    is the most popular feedstock, dominating the
    total market share.
  • Regional Insights
  • On a geographical front, China enjoys the leading
    position in the global sorbitol market on account
    of its high demand in the region. China is
    followed by the United States, Western Europe,
    Indonesia and India.
  • Competitive Landscape
  • The global sorbitol market consists of numerous
    small and large manufacturers who compete in
    terms of prices and quality. Some of the leading
    players operating in the market are
  • Roquette Frères SA
  • Cargill, Incorporated (Excluding Sorini)
  • Ingredion, Incorporated
  • Archer Daniels Midland Company
  • Shandong Tianli Pharmaceutical Co., Ltd.
  • PT Sorini Agro Asia Corporindo Tbk
  • Kasyap Sweetners

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Report Description and Highlights
Browse more related reports  Saccharin Market
https//www.imarcgroup.com/saccharin-market
Chelating Agents Market https//www.imarcgroup.
com/chelating-agents-market
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Report Description and Highlights
Report Description

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without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
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and reliable at the time of publishing.
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and Global Therapy Insight Series are registered
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9

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