, Market Scenario, , Sorbitol Market is a type of carbohydrate, also known as sugar alcohol, or polyol. Sorbitol is commercially produced from glucose for especially use in packaged food & beverages products. Sorbitol is used as a sweetener, flavoring agent, and bulking agent. The Global Sorbitol Market size is estimated to reach USD 2,350 million and record a CAGR of 6.65% by the end of 2024., , The global sorbitol market is anticipated to be driven by several factors. Increasing consumer preference toward low-calorie food is one of the noteworthy factors for the rising growth of sorbitol market at a global level. Apart from that, the number patients with diabetes is increasing across the globe. So, the diabetic population is opting for a substitute of sugar which is expected to accelerate the growth of the sorbitol market during the forecast period. The increasing consumer preference for ready to eat food products is also expected to enhance the demand for sorbitol during the forecast period. , , Segmentation, , The global sorbitol market has been segmented based on function, form, application, and region., The global sorbitol market has been classified, based on function, as sweetener, bulking agent, flavoring agent, humectant, and others., The global sorbitol market has been classified, based on form, as liquid and powder., The global sorbitol market has been classified, based on application, as food & beverages, personal care, pharmaceuticals, and others. The food & beverages segment has been further segmented into bakery products, confectionery, dairy & frozen desserts, beverages, and others. Also, the personal care segment has been further divided into oral care, skincare, haircare, color cosmetics, and others. , The global sorbitol market has been analyzed for four key regions—North America, Europe, Asia-Pacific, and the rest of the world. The North American sorbitol market has further been segmented into the US, Canada, and Mexico., The European sorbitol market has been classified as the UK, Germany, France, Italy, Spain, and the Rest of Europe. , The sorbitol market in Asia-Pacific has been divided into China, India, Japan, Australia and New Zea



Market Scenario



Sorbitol Market is a type of carbohydrate, also known as sugar alcohol, or polyol. Sorbitol is commercially produced from glucose for especially use in packaged food & beverages products. Sorbitol is used as a sweetener, flavoring agent, and bulking agent. The Global Sorbitol Market size is estimated to reach USD 2,350 million and record a CAGR of 6.65% by the end of 2024.



The global sorbitol market is anticipated to be driven by several factors. Increasing consumer preference toward low-calorie food is one of the noteworthy factors for the rising growth of sorbitol market at a global level. Apart from that, the number patients with diabetes is increasing across the globe. So, the diabetic population is opting for a substitute of sugar which is expected to accelerate the growth of the sorbitol market during the forecast period. The increasing consumer preference for ready to eat food products is also expected to enhance the demand for sorbitol during the forecast period.



Segmentation



The global sorbitol market has been segmented based on function, form, application, and region.

The global sorbitol market has been classified, based on function, as sweetener, bulking agent, flavoring agent, humectant, and others.

The global sorbitol market has been classified, based on form, as liquid and powder.

The global sorbitol market has been classified, based on application, as food & beverages, personal care, pharmaceuticals, and others. The food & beverages segment has been further segmented into bakery products, confectionery, dairy & frozen desserts, beverages, and others. Also, the personal care segment has been further divided into oral care, skincare, haircare, color cosmetics, and others.

The global sorbitol market has been analyzed for four key regions—North America, Europe, Asia-Pacific, and the rest of the world. The North American sorbitol market has further been segmented into the US, Canada, and Mexico.

The European sorbitol market has been classified as the UK, Germany, France, Italy, Spain, and the Rest of Europe.

The sorbitol market in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The sorbitol market in the rest of the world has been segmented into South America, the Middle East, and Africa.

Key Players

Archer Daniels Midland Company (US), Cargill Incorporated (US), Roquette Freres (France), Ingredion Incorporated (US), Tereos Starch & Sweeteners (Brazil), Ecogreen Oleochemicals Pte Ltd (Singapore), Gulshan Polyols Ltd. (India), Merck Group (Germany), SPI Pharma, Inc. (UK), Sukhjit Starch & Chemicals Ltd. (India), DowDupont Inc. (US), Gujrat Ambuja Exports Ltd. (India),and Jeecon Foods Pvt Ltd. (India) are some of the key players in the global sorbitol market.



Regional Market Summary

Among the regions, North America accounted for the major market share of 35% in the global sorbitol market in 2018 and the region is estimated to retain its dominance throughout the forecast period. The growth for the sorbitol market in North America region is attributed to the several factors. Increasing awareness regarding the dietary supplements and their nutritional benefits is considered to be the major factors for the rising growth of sorbitol in North America. Additionally, increasing prevalence of diabetes patient in the US is likely to uplift the demand for sorbitol in The North America region. In North America, the US is estimated to account for the significant market share in 2019, and the trend is expected to continue throughout the forecast period. Europe has also accounted for market share of 32% market share in global sorbitol in 2018. The growth for the European region is attributed to the increasing consumer preference towards the organic personal care products, and sorbitol is used as an additive in the production process of organic personal care products. However, the market in Asia-Pacific offers lucrative opportunities to the manufacturers of sorbitol. Especially the demand for sorbitol is increasing at a high pace in China, India, Indonesia and other emerging economies of Asia-Pacific region.



Global Sorbitol Market, by Function





Sweetener



Bulking Agent



Flavoring Agent



Humectant



Others



Global Sorbitol Market, by Form



Liquid



Powder



Global Sorbitol Market, by Application



Food & Beverages





Bakery Products





Confectionery





Dairy & Frozen Desserts





Beverages





Others





Personal care





Oral care





Skincare





Haircare





Color Cosmetics





Others





Pharmaceuticals



Others



Global Sorbitol Market, by Region



North America



US

Canada

Mexico











Europe



Germany

France

Italy

Spain

UK

Rest of Europe











Asia-Pacific



Japan

China

India

Australia and New Zealand

Rest of Asia-Pacific











Rest of the World (RoW)



South America

Middle East

Africa









Intended Audience



Sorbitol manufacturers



Sweetener manufacturers



Artificial sweetener manufacturers



Bakery & confectionery manufacturers



Beverages manufacturers



Nutraceuticals manufacturers



Cosmetics & personal care manufacturers



Dairy products manufacturers



Retailers, wholesalers



Traders, exporters, and importers



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