Asia Pacific Sorbitol Market To Be Driven At A CAGR Of 2.4% In The Forecast Period Of 2021-2026

30 January 2020 - The global Sorbitol Market size was 1.96 million tons in 2015.

Rising demand for artificial sweeteners with low-calorie content in food & beverages on account of increasing health awareness is expected to promote industry expansion over the forecast period.Growing demand for sorbitol as a functional ingredient in food & beverage, personal care, pharmaceutical, and chemical manufacturing will augment industry growth over the forecast period.

The increase of the food & beverage sector in China, India, and Brazil on account of growing number of retail stores and supportive regulations to promote investments will create immense market potential.Request a Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/sorbitol-marketThe growing usage of artificial sweeteners in pharmaceutical applications including chewing tablets and syrups in the U.S., Germany, France and Japan will promote industry size over the forecast period.

Furthermore, increasing market penetration of artificial sweeteners including stevia, aspartame, mannitol and xylitol in applications including beverage, bakery goods, pharmaceuticals, personal care and chemical industries is expected to pose a challenge for industry expansionProduct InsightsLiquid sorbitol was extensively used and accounted for 82.7% of the global volume in 2015.

Growing applications of the product in the formulation of syrups, solvents, and gels on account of its sweetening effect will propel market growth over the forecast period.

Moreover, its increasing use as an excipient for pan coatings in the healthcare sector as they exhibit excellent solubilizing property will promote demand.Crystal product forms are expected to witness moderate revenue growth owing to high usage in manufacturing mint tablets, chewing gum, polydextrose and other sugar free-foodstuff including dried squid thread, roasted fish fillet, shrimp ball and frozen raw fish.Application InsightsToothpaste is projected to witness volume gains at a CAGR of 3.9% owing to increasing consumption of sorbitol for preventing dental problems including tooth decay and cavity issues.Demand for personal care products was 656.2 kilo tons in 2015.

The global Sorbitol Market is expected to reach USD 2.18 Billion by 2027.

Sorbitol is used in cosmetics as a humectant as well as a thickening agent, among others.

As a humectant ingredient, it checks the moisture loss by drawing water from the air through osmosis, therefore maintaining both the skin and the hair's moisture level.

Moreover, it gains frequent use in gel products, owing to its capacity to retain moisture.The report discusses in detail the strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, corporate and government deals, product launches and brand promotions, and licensing agreements undertaken by the key players to gain a robust footing in the market.

The Sorbitol market research report also offers a thorough SWOT analysis and Porter’s Five Forces analysis to offer key insights into the company’s progress and position.Get sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/2457Key Players:Key participants include America International Foods Inc., Archer Daniels Midland, Cargill Inc., DuPont, Merck KGaA, SPI Pharma, Roquette Frères, Tereos Starch & Sweeteners, Ecogreen Oleochemicals Pte.

Ltd., and Gulshan Polyols Ltd., among others.Further key findings from the report suggest:By product type, the liquid sorbitol segment contributed to a larger share in 2019 and is expected to grow at a rate of 6.1% during the forecast period.

Sorbitol market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market.

To gain more info on Data Bridge Market Research sorbitol market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.Sorbitol market is expected to gain market growth in the forecast period of 2020 to 2027.

Data Bridge Market Research analyses the market to growing at a CAGR of 5.58% in the above-mentioned forecast period.Get Sample PDF (including COVID19 Impact Analysis) of Market Report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-sorbitol-marketMarket Drivers and Restraints:Based on product type, sorbitol market is segmented into liquid sorbitol, and power sorbitol.On the basis of function, sorbitol market is segmented into sweetener, flavouring agent, bulking agent, humectants, and others.Based on application, sorbitol market is segmented into food & beverage, cosmetic & personal care, pharmaceuticals, and others.

The major players covered in the Sorbitol Market The major players operating in the sorbitol market report are ADM, Cargill, Incorporated, PT.

EcogreenOleochemicals, Merck KGaA, Ingredion Incorporated, RoquetteFreres, SPIPharma, Sukhjit Starch & Chemicals Ltd., PI Pharmaand Teros,among other domestic and global players.

Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately.