Global Sorbitol Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Sorbitol Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Sorbitol can be produced by the reduction of glucose. It is widely distributed in pears, peaches and apples, and the content is about 1% to 2%. Sorbitol is a useful ingredient in foods and beverages, because it is low in calories, so it can effectively replace sugar.

Market Overview:

The latest research study on the global Sorbitol market finds that the global Sorbitol market reached a value of USD 2067.7 million in 2022. It’s expected that the market will achieve USD 3096.3 million by 2028, exhibiting a CAGR of 6.96% during the forecast period.

Drivers

With the development of social economy, people's living standards have been continuously improved, and the consumption of polyol food, cosmetics and sanitary products has been gradually expanded. As consumers become more aware of healthy products, the market for sugar-free foods will continue to expand, and demand for sorbitol as a sweetener (edible sugar substitute) will increase as the market for sugar-free foods expands. In addition, increased awareness of dietary supplements and their nutritional value may have a positive impact on the sorbitol industry in the future.

Restraints

Sorbitol has a variety of commercial and culinary uses as a sweetener. But research shows that heavy use of sorbitol may cause some gastrointestinal problems. Sugar alcohol will not be completely absorbed in the intestine, and sugar alcohol that has not been broken down will ferment in the intestine. In addition to causing flatulence, it will also increase the osmotic pressure in the intestinal cavity. Diarrhea, which is similar to the principle of lactose intolerance. Sorbitol intolerance may limit market expansion.

Opportunities

With the development of the society, people's increasing dependence on oil, oil as a non-renewable energy resource increasingly drying up, and sorbitol on instead of petroleum chemical raw materials, will play a more and more important role, therefore, for sorbitol production enterprises, increase investment in science and technology, using new technology, actively develop meet the needs of downstream products.

Region Overview:

China is projected to account for a considerable share of the Sorbitol market and is expected to become the largest region by 2028.

Company Overview:

Roquette Frres is one of the major players operating in the Sorbitol market, holding a share of 15.86% in 2023.

Roquette Frres

Roquette Freres SA manufactures agricultural products. The Company processes vegetables such as corn, wheat, potatoes, peas into starch, cereal sugars, fibers, polyols, protiens, bioethanol, and derivatives. Roquette Freres serves customers worldwide.

Shandong Lianmeng Chemical Group

Shandong Lianmeng Chemical Group Co. Ltd. manufactures chemical products. The Company produces and markets coal chemicals, petrochemicals, and biochemicals including urea, fertilizer, sulfuric acid, corn starch, crude oil, vitamin C, mannitol, and sorbitol.

Segmentation Overview:

As for product types, the Liquid segment held the largest market share in 2022.

Application Overview:

In the Sorbitol market, 22.65% of the total value was generated through the Cosmetic and Personal Care segment by application in 2022.

Key Companies in the global Sorbitol market covered in Chapter 3:

Ecogreen Oleochemicals GmbH
SPI Pharma
Tereos
Ingredion Incorporated
Gulshan Polyols Ltd.
DuPont
ADM
Qinhuangdao Lihua Starch Co., Ltd.
Cargill Incorporated
Roquette Frres
Merck KGaA

In Chapter 4 and Chapter 14.2, on the basis of types, the Sorbitol market from 2018 to 2029 is primarily split into:

Liquid/Syrup Sorbitol
Crystal/Powder Sorbitol

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Sorbitol market from 2018 to 2029 covers:

Oral Care
Vitamin C
Diabetic & Dietetic Food & Beverages
Surfactants
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)