Blog Post

The global sorbitol market was valued at USD 1,244.5 million in 2018 and is projected to rise to USD 2,527.22 million by 2032, registering a compound annual growth rate (CAGR) of 5.11% throughout the forecast period. In 2018, the Asia Pacific region led the global market with a share of 48.53%. The U.S. sorbitol market is expected to witness significant expansion, potentially reaching USD 415.05 million by 2032. This growth is largely driven by the increasing use of sorbitol as a low-calorie sweetener in food and beverages, along with its expanding applications in the pharmaceutical and personal care sectors.

Sorbitol, a type of sugar alcohol, is recognized as a valuable chemical intermediate derived from biomass. It serves multiple roles across industries—functioning as a sweetener, humectant, sequestrant, stabilizer, bulking agent, and texturizer. Its use varies depending on the industry: in food, it’s used as a preservative and additive; in pharmaceuticals, it acts as a carrier; and in cosmetics, it functions as an emulsion stabilizer. These diverse functionalities are expected to further propel market growth in the coming years.

Information Source: https://www.fortunebusinessinsights.com/industry-reports/sorbitol-market-100206

Sorbitol Market Segmentation

By type, liquid or syrupy sorbitol continues to dominate the market due to its efficient production process, ease of application, and cost-effectiveness. Commercially, sorbitol is typically sold as a 70% aqueous solution, which is colorless to slightly yellow in appearance. Key raw materials used in sorbitol production include corn, wheat, potato, and cassava, with corn being the most commonly used source due to its starch-rich composition. By application, the food and beverage sector holds the largest share, driven by the nutritional benefits of sorbitol. As a nutritive sweetener providing approximately 2.4–2.6 kilocalories per gram, it is widely used in reduced-calorie and sugar-free food products.

Regional Insights

“Asia Pacific Leads, Driven by Strong Growth in Cosmetics and Personal Care”

Asia Pacific continues to be the leading region in the global sorbitol market, with China playing a pivotal role due to its large-scale Vitamin C production, which heavily relies on sorbitol. Additionally, Indonesia, one of the world’s largest producers of starch-based sweeteners, significantly contributes to regional market growth.

Competitive Landscape

“Technological Advancements and Expanding Applications Support Market Consolidation”

The global sorbitol market features a moderately consolidated competitive structure. Companies involved in glucose-based chemical derivatives see sorbitol as a promising investment opportunity. With advancements in technology and growing demand from various end-use sectors, many industry players are ramping up production, further boosting market revenue potential.

Leading Companies in the Sorbitol Market:

• Archer Daniels Midland Company
• Cargill, Incorporated
• Ingredion Incorporated
• Roquette Frères
• Tereos Starch & Sweeteners s.a.s
• Pfizer Inc.
• SPI Pharma
• Lonza Inc.
• Merck KGaA
• Tate & Lyle

Report Scope

This report provides comprehensive coverage of the global sorbitol market, including key industry trends and segmentation by product type and application. It also offers regional market analysis and highlights the competitive landscape. The report includes insights into major corporate strategies, including mergers, acquisitions, partnerships, and regional expansions.

Get Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/sorbitol-market-100206

Recent Industry Development

• May 2019: Lupin entered into a distribution agreement with Aptissen S.A., under which Lupin secured exclusive rights to market, distribute, and sell Aptissen’s existing product range in Canada.