Sorbitol Market 2019 – Identify Opportunities and Challenges

Sorbitol is a preferred substitute for sugar in food and beverages owing to lower caloric values and natural sweetening properties. Additionally, increasing health awareness among consumers worldwide is expected to fuel market demand over the forecast period.

The Global Sorbitol Market is expected to reach USD 3.99 billion by 2020, according to a new study by Grand View Research, Inc.

Cosmetic and personal care was the largest end use application segment, accounting for over 600 kilo tons of sorbitol demand in 2013. Stabilizing, softening and surface active properties of sorbitol are the key reasons for growing use in the above applications. Sorbitol is also used as a preservative and low calorie sweetener in foods and accounted for over 537.9 kilo tons of sorbitol demand in 2013.

Liquid sorbitol is the largest used product, accounting for 1,524.7 kilo tons of demand in 2013, mainly due to simplified production process and low cost in comparison to crystal sorbitol. Toothpaste is the fastest growing application segment, at an estimated CAGR of 4.0% from 2014 to 2020 mainly due to sorbitol properties that prevent cavities and tooth decay.

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Asia Pacific was the largest regional market for sorbitol with revenue USD 656.9 million in 2013. China being the largest producer of Vitamin C, a key application of sorbitol, has resulted in highest demand in the region. In addition, the region is also expected to witness fastest growth, at an estimated CAGR of 4.1% from 2014 to 2020.

Top Players of Sorbitol Market:

Key Companies in the market include Roquette Freres, Cargill and Archer Daniels Midland which together accounted for a market share of over 70% in 2013. Other companies include Sorini, Gulshan Polylols Ltd, SPI Pharma, Merck, Danisco and Sigma-Aldrich.

Market Segmentation of Sorbitol Market:

The Global Sorbitol Market segmented on the basis of Product, Application, End Use Application and Region.

By Product:

    Liquid/Syrup sorbitol
    Crystal/Powder sorbitol

By Application:

    Toothpaste
    Vitamin C
    Diabetic and Dietetic Food and Beverage
    Surfactants

By Application:

    Cosmetic and Personal Care
    Chemical
    Food
    Pharmaceutical
    Sorbitol Downstream Opportunities Outlook
    Ethylene Glycol
    Propylene Glycol
    Glycerol
    Isosorbide

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