Global Sorbitol Market By Type (Sorbitol Liquid, and Sorbitol Powder), By Application (Cosmetic and Personal Care, Chemical, Food, and Others), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032
- Published date: Apr 2022
- Report ID: 29398
- Number of Pages: 380
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Sorbitol Market Overview:
The global sorbitol industry was worth USD 1,500.8 million in 2021. This market is expected to expand at a 7.2% CAGR between 2022-2032.
Because of the increasing use of dietetic and diabetic foods and beverages, the market will experience significant growth in the forecast period. In the coming years, there will be a growing demand for the product to replace sugar in food products.
Oral care products are increasingly using sorbitol because it is more slowly metabolized than other sugar alcohols. This helps prevent dental problems like tooth decay and cavities. Over the forecast period, the industry will see the same benefits.
The trend to shift production to the Asia Pacific has also led to lower costs of sorbitol. Therefore, there is a rising demand for other non-food products.
Global Sorbitol Market Analysis:
Product Analysis:
In 2021, liquid accounted for over 75.0% market share. Liquid sorbitol can be used in food and beverage, as well as pharmaceutical applications. This product is expected to be used in these industries due to the growing demand for low-calorie food, as well as the rising number of patients suffering from obesity.
Crystal sorbitol has been widely used in food production for making frozen raw fish, shrimp fillets, and roasted fish pieces. It is also used to make frozen aquatic products and sugar-free foodstuffs. Over the forecast period, market growth will be supported by a high demand for application products, especially frozen food and meat products.
Due to their resistance to bacteriological degradation, crystal-based products are also useful as humectants in many cosmetic products such as moisturizers and creams.
Crystal sorbitol is also used in the manufacture of capsule outer shells and as an excipient and filler in pharmaceutical tablets. The future growth in cosmetic products will be a boon for sorbitol consumption.
Application Analysis:
Market share for dietetic and diabetic food & beverage was high, due to the economies-of-scale as well as the increasing consumption of functional foods, major manufacturers have experienced low manufacturing costs.
This has created new opportunities for sorbitol’s future growth. A gradual rise in demand for sweeteners such as maltitol/xylitol is expected to be a threat to this market, as they can be replaced by sorbitol.
Sorbitol can be used in surfactants like detergents, dispersants, and emulsifiers as well as wetting and foaming agent. In the food processing sector, biobased surfactants are being used more frequently.
Surfactants can be used to stabilize a wide range of foods, including bread, ice cream, cakes, and ice cream. The surfactants also help to maintain the texture and viscosity, as well as extend shelf life. As such, the demand for bio-based surfactant products is expected to grow over the forecast period.
The highest growth rate is expected for the Vitamin C segment over the forecast period.Vitamin C can be synthesized mainly using two manufacturing methods, the two-step ferment process or the Reichstein Grussner process. Both processes use sorbitol to produce vitamin C. Chinese manufacturers are the most common users of this two-step fermentation process due to its lower price.
End-Use Analysis:
The food segment contributed significantly to the global revenue for 2021. Sorbitol can be added to food to replace refined sugar and induce sweetness. Sorbitol provides sweetness and is also an anti-crystallization agent and texturizing for ice cream and bakery products.
It is used extensively to extend shelf life and preserve the freshness of different confectionery products and bakery items. It can also be used to produce canned fruit. The food sector is expected to grow rapidly, due to the increasing number of applications that will lead to market growth.
Market growth will be influenced by rising awareness of dietary supplements due to their nutritional benefits. Market growth will be supported by rising awareness about the importance of low-calorie, sugar-free products as a result of increasing diabetes prevalence in the world.
Sorbitol has been identified as a key building block in the production of bio-based Ethanol and Propylene Glycol. This biobased PG shares the same chemical composition as petroleum-based PG but is made using a much more sustainable manufacturing process. The growth rate for the chemical applications segment is expected to be 6.91%, due to the extensive use of sorbitol.
Key Market Segmentation:
By Product
- Crystal
- Liquid
By Application
- Diabetic & Dietetic Food & Beverage
- Vitamin C
- Oral Care
- Surfactant
- Other applications
By End-use
- Chemical
- Personal Care
- Pharmaceuticals
- Food
- Other End-uses
Market Dynamics:
The growing demand from the food- and beverage industries for nutritive gardeners is the main driver of the market. Market growth in the U.S. is expected to be driven by approvals from safety regulatory and human-health bodies like the FDA and USDA for the use of this product in medicines and bakery food.
Sorbitol’s application as a Humectant in pharmaceutical products will also fuel the country’s pharmaceutical industry.
The increasing use of the product in chocolates and confectionary products owing to its non-carcinogenic properties, textural, and moisture-stabilizing is expected to have a positive impact on the demand of the market. Because it is chemically inert and stable, sorbitol will be in high demand.
Its unique texture-enhancing abilities make it a versatile ingredient that can be used in many different applications, such as cosmetic manufacturing.
Sorbitol has been used in the production of biofuels. Biofuels are naturally resulting oils that are promoted by different organizations, such as the European Commission (EPA) through the implementation of favorable policies.
The rising popularity of biofuels combined with government support is expected to lead to an increase in manufacturers over the next few years. Demand for sorbitol is expected to rise over the forecast period due to the increasing research and applications in these areas, especially in North America and Europe.
Regional Analysis:
The Asia Pacific dominated this market and was responsible for more than 55.0% of global revenue in 2021. Due to its widespread use in many applications (e.g. cookies, confectionery, and bakery goods), the market for sorbitol has been driven by a growing number of health-conscious consumers.
The demand for the product has increased due to the changing lifestyles and urbanization in the developing world. End-users are adopting the product more frequently to satisfy consumer demand. The Asia Pacific region has seen a lot of Sorbitol being used in non-food uses. Japan is a major importer of the oral care market.
Sorbitol has been able to penetrate the European market at a rapid pace due to the well-established European food and beverage industry. This industry is constantly evolving and adapting to new products.
Europeans consume a large number of meat products. Most Europeans eat processed meat products.
European is not only the largest market for food and beverages but also one of the most tightly regulated.Europe will see high growth opportunities due to the product’s role as a substitute sugar in sugar-based beverages and foods, as well as the fact that sorbitol is able to prevent the charring of meat.
Кеу Regions and Countries covered іn thе rероrt:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Spain
- Rest of Europe
- APAC
- China
- Japan
- South Korea
- India
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- MEA
- GCC
- South Africa
- Israel
- Rest of MEA
Key Companies & Market share Analysis:
In response to the growing demand for non-GMO ingredients in the food and drink, pharmaceutical, cosmetics, and cosmetics sectors, manufacturers are focusing more on the production quantities of sorbitol from non-GMO crops. To reduce transportation costs and the impact on the environment, manufacturers are now focusing their efforts on local sourcing.
Gujrat Ambuja Exports (PT Ecogreen Oleochemicals), Gujrat Ambuja Exports (GUJRAT Ambuja Exports), and Gulshan Pols are some companies that import sorbitol from their overseas manufacturing plants in Turkey and India. These companies have focus on customizing products to suit the requirements of food and industrial processing players
Key Market Players:
- American International Foods, Inc.
- ADM
- Cargill Incorporated
- DuPont
- Gulshan Polyols Ltd.
- Merck KGaA
- Ecogreen Oleochemicals GmbH
- Qinhuangdao Lihua Starch Co., Ltd.
- Other Key Players
For the Sorbitol Market research study, the following years have been considered to estimate the market size:
Attribute Report Details Historical Years
2016-2020
Base Year
2021
Estimated Year
2022
Short Term Projection Year
2028
Projected Year
2023
Long Term Projection Year
2032
Report Coverage
Competitive Landscape, Revenue analysis, Company Share Analysis, Manufacturers Analysis, Volume by Manufacturers, Key Segments, Key company analysis, Market Trends, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis, strategy for existing players to grab maximum market share, and more.
Regional Scope
North America, Europe, Asia-Pacific, South America, Middle East & Africa
Country Scope
United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa
Frequently Asked Questions (FAQ)
Q: What is the Sorbitol Market size in year 2021?The Sorbitol Market Products market size was US$1,500.8 million in 2021.
Q: What is the CAGR for the Sorbitol Market?The Sorbitol Market Products market is expected to grow at a CAGR of 7.2% during 2023-2032.
Q: What are the segments covered in the Sorbitol Market report?Market.US has segmented the Sorbitol Market Products market by geography (North America, Europe, APAC, South America, and the Middle East and Africa). By Product, the market has been segmented into crystal and liquid. By Application, the market has been further divided into diabetic & dietetic food & beverage, vitamin C, oral care, surfactant, and other applications. By End-Use, the market has been further divided into chemical, personal care, pharmaceuticals, food, and other end-uses.
Q: Who are the key players in the Sorbitol Market market?,American International Foods Inc., ADM, Cargill Incorporated, DuPont, Gulshan Polyols Ltd., Merck KGaA, Ecogreen Oleochemicals GmbH, Qinhuangdao Lihua Starch Co. Ltd, and Other Key Players
Q: Which region is more attractive for vendors in the Sorbitol Market?APAC accounted for the largest revenue share of 55% among the others. Therefore, APAC Sorbitol Market Products market is expected to garner significant business opportunities for the vendors during the forecast period.
Q: What are the key markets for Sorbitol Market?Key markets for Sorbitol Market Products are US, China, Japan, India, Brazil, Germany, UK, France, Italy, Spain, etc.
Q: Which segment has the largest share in the Sorbitol Market?In the Sorbitol Market Products market, vendors should focus on grabbing business opportunities from the liquid product segment as it accounted for the largest market share in the base year.
- American International Foods, Inc.
- ADM
- Cargill Incorporated
- DuPont
- Gulshan Polyols Ltd.
- Merck KGaA Company Profile
- Ecogreen Oleochemicals GmbH
- Qinhuangdao Lihua Starch Co., Ltd.
- Other Key Players
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