Market Analysis:
The sorbitol
market is predicted to expand at an impressive CAGR over the estimated years
(2017-2023). Sorbitol simply put, is a fruit-derived sugar and naturally occurs
in fruits such as dates, nectarines, peaches, apples and apricots. Besides, it can
be produced synthetically as well from glucose. Together with taste, it also
has a lot of health benefits, thus is used in various sugar-free foods that are
consumed daily. The different fascinating health benefits of taking these
low-calorie sugar alternatives include, it promotes dental health, eases
constipation, ideal for diabetic people, protects the skin, and cleanses the
scalp and hair. Sorbitol is in great demand in the food and beverage industry
as it is used to prepare dietary and sugar-free food products. Besides, it is
also used as gelling and thickening purpose in chewing gums, bakery products,
desserts, frozen food and other forms of confectionery products. Not only this,
sorbitol is used in various personal care products owing to its unique
properties of thickener and humectant. Products namely mouthwash, toothpaste,
creams, moisturizer and others contain sorbitol. In the pharmaceutical
industry, it is used to sweeten syrups, medicines tablets.
Global Key Players
·
Gulshan
Polyols Ltd
·
Tereos
·
Sigma-Aldrich
Company
·
Qinhuangdao
Lihua Starch Company Ltd
·
Daisco
·
Merck
Group
·
Ecogreen
Oleochemicals Pte. Ltd
·
Ingredion
Inc.
·
Archer
Daniel Midland
·
Tereos
Starch & Sweeteners
·
Cargill
Inc.
·
Roquette
Freres
April-
Greensboro, NC based Lynette Batton has introduced an effervescent tablet to
eliminate offensive mouth odor, discoloration of red wine and cleaning the
palate. The excipient contains magnesium oxide, sodium carbonate, sodium
chloride, microcrystalline cellulose, potassium bicarbonate, sodium
bicarbonate, sorbitol, di-basic calcium phosphate and rice starch.
Market Segmentation
MRFR report provides an extensive segmental
analysis of the sorbitol
market on the basis of type, function and end-use.
Based on form, it is segmented into crystal
form and liquid form. Of these, liquid sorbitol will have the maximum share in
the market over the estimated years.
Based on function, the sorbitol market is segmented into humectant, flavoring
agent, bulking agent, sweetener and others.
Based on end-user, it is segmented into
chemicals, cosmetic & personal care, pharmaceuticals, food and beverage and
others (plastic, packaging, paper industry). Of these, personal care will
dominate the market over the estimated years.
Regional
Analysis
By region, the sorbitol market covers growth opportunities and
latest trends across Latin America, North America, Asia Pacific, Middle East
and Africa and Europe. Of these, the APAC region will spearhead the market over
the estimated years and will also expand at the fastest rate owing to
increasing use of sorbitol in the personal care and food and beverage industry.
Besides, the purchasing power and growing GDP in the developing regions has
augmented the demand for personal care and homecare products which in turn is
fueling the market growth in this region. Moreover, growing government
investments in retail sectors has led to rapid supply of consumer goods that
again is adding to the market growth. China and India are the key contributors
here. In North America, the sorbitol
market will have considerable growth over the estimated years. This is owing to
increasing use of sorbitol in food & beverage industry due to its
low-calorie content and also its growing need in the pharmaceutical and
cosmetic and personal care industry.
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