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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