Sorbitol is known to be a sugar alcohol that is found naturally in plants and fruits with laxative, diuretic and cathartic properties. It plays the role of a metabolite, a sweetening agent, a food humectant, Saccharomyces cerevisiae metabolite and an Escherichia coli metabolite. Sorbitol has also been not to be an enantiomer of an L-glucitol.
MARKET DYNAMICS
The sorbitol market is anticipated to grow in the forecast period owing to rising consumer preference for low-calorie food coupled with the increasing health issues related to the consumption of sugar-based products. However, adherence to international quality regulations restrict the growth of the sorbitol market. On the other hand, growing demand from the food & beverage industry in emerging markets is likely to showcase growth opportunities for the sorbitol market during the forecast period.
MARKET SCOPE
The "Global Sorbitol Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of sorbitol market with detailed market segmentation by function, product type, application, and geography. The global sorbitol market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading sorbitol market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global sorbitol market is segmented on the basis of function, product type and application. Based on function, the market is segmented as sweetener, bulking agent, flavoring agent, humectant and others. On the basis of the product type, the market is segmented as liquid/syrup sorbitol and powder/crystal sorbitol. On the basis of applications, the market is segmented as cosmetics & personal care, food & beverage, pharmaceuticals, chemicals and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global sorbitol market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The sorbitol market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting sorbitol market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the sorbitol market in these regions.
MARKET PLAYERS
The reports cover key developments in the sorbitol market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from sorbitol market are anticipated to lucrative growth opportunities in the future with the rising demand for sorbitol in the global market. Below mentioned is the list of few companies engaged in the sorbitol market.
The report also includes the profiles of key sorbitol companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Archer Daniels Midland (ADM)
- Cargill Incorporation
- Ecogreen Oleochemicals Pte. Ltd.
- Gulshan Polyols Ltd.
- Ingredion Incorporated
- Merck KGaA
- Roquette Frères
- SPI Pharma, Inc.
- Sukhjit Starch & Chemicals Ltd.
- Tereos Starch & Sweeteners