Global Sorbitol Market Growth 2023-2029

Global Sorbitol Market Growth 2023-2029

Sorbitol is is a sugar alcohol with a sweet taste which the human body metabolizes slowly. It can be obtained by reduction of glucose, which changes the aldehyde group to a hydroxyl group. Most sorbitol is made from corn syrup, but it is also found in nature, for example in apples, pears, peaches, and prunes. It is converted to fructose by sorbitol-6-phosphate 2-dehydrogenase. Sorbitol is an isomer of mannitol, another sugar alcohol; the two differ only in the orientation of the hydroxyl group on carbon 2. While similar, the two sugar alcohols have very different sources in nature, melting points, and uses.
LPI (LP Information)' newest research report, the “Sorbitol Industry Forecast” looks at past sales and reviews total world Sorbitol sales in 2022, providing a comprehensive analysis by region and market sector of projected Sorbitol sales for 2023 through 2029. With Sorbitol sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sorbitol industry.
This Insight Report provides a comprehensive analysis of the global Sorbitol landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Sorbitol portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Sorbitol market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sorbitol and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Sorbitol.
The global Sorbitol market size is projected to grow from US$ 2486.5 million in 2022 to US$ 3038.3 million in 2029; it is expected to grow at a CAGR of 3038.3 from 2023 to 2029.
China is the world's largest sorbitol market with a market share of more than 30%, followed by North America with a market share of nearly 20%.
Roquette, Shandong Tianli Pharmaceutical, ADM, Ingredion and PT Sorini Agro Asia Corporindo TBK are the leading players globally, with the top 5 accounting for approximately 35% of the total market.
This report presents a comprehensive overview, market shares, and growth opportunities of Sorbitol market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Sorbitol Liquid
Sorbitol Powder
Segmentation by application
Toothpaste
Vitamin C
Food and Beverage
Chemical
Pharma
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Roquette
ADM
Ingredion
Ecogreen Oleochemicals
PT Sorini Agro Asia Corporindo Tbk
B Food Science
Gulshan Polyols
Maize Products
Ueno Fine Chemicals
Mitsubishi Shoji Foodtech
Tereos
Cargill
Global Sweeteners Holding
Shandong Tianli Pharmaceutical
PT AKR Corporindo
Luwei Pharmacy
Lihua Starch
Qingyuan Foods
Dongxiao Biotechnology
Caixin Sugar
Luzhou Group
Key Questions Addressed in this Report
What is the 10-year outlook for the global Sorbitol market?
What factors are driving Sorbitol market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Sorbitol market opportunities vary by end market size?
How does Sorbitol break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.