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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