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Europe, Middle East and Africa Sorbitol Market to Support the Growth of the Global Sorbitol Market, Expected to Grow at a CAGR of 2.4% between 2021 and 2026.

According to a new report by EMR titled, ‘Europe, Middle East and Africa Sorbitol Market Report and Forecast 2021-2026’, the Europe, Middle East and Africa sorbitol market reached a volume of almost 0.57 million metric tons in 2020. The market is expected to support the growth of the global sorbitol market, which is predicted to grow at a CAGR of 2.4% in the forecast period of 2021-2026.

The Europe, Middle East and Africa sorbitol market is being aided by the thriving food and beverage and cosmetics sectors in the region. Germany is the leading market for sorbitol in the region. The market for sorbitol in Germany is being aided by the country’s healthy food and beverage industry. The sorbitol market in Germany is also expected to be aided by the increasing R&D undertakings in the food and beverage industry in the region. The cosmetic industry in emerging markets like Saudi Arabia, Iran, and the UAE in the Middle East and Africa is expected to witness a robust growth in the coming years and, thus, aiding the sorbitol market growth as the product is used in various cosmetic products as a humectant and as a sweetener. The rising oral car market within the region is expected to drive the growth of the sorbitol market further as people are becoming more aware of dental problems due to programs aimed at children and other vulnerable population.

Ingredion, Incorporated (NYSE: INGR) is a leading player within the Europe, Middle East and Africa market. It is a key manufacturer of sorbitol globally, catering to the rising sugar-free and reduced-sugar confectionery markets like chewing gum, frosting, and icing, among others. Ingredion’s sorbitol finds applications as an excipient in food applications, crystallisation inhibitor, freeze point depressant, and as a humectant.

Market Analysis by Type, Application, and Region:

  • The sorbitol market, on the basis of type, is divided into liquid sorbitol and powder sorbitol. 
  • On the basis of application, the market is divided into pharmaceutical, toothpaste, food and confectioneries, cosmetics and toiletries, and industrial surfactants, among others.
  • Regionally, the market is divided into Germany, France, the United Kingdom, Saudi Arabia, and Nigeria.

Key Findings of The Report:

  • The Europe, Middle East and Africa sorbitol market is being driven by the increase in the application of sorbitol in the food and beverage sector.
  • The rapid increase in the health and diet-conscious consumers, having a rising spending power, are propelling the market forward.
  • Young consumers are looking out for healthy, convenient, and easy-to-prepare food, and RTD beverages, which often contain sorbitol is further invigorating the market for sorbitol. 
  • Growth in the sub-segments of the food and beverage sector, such as baked goods, long-life bakery products, and confectionery, is further providing an impetus for the market growth.
  • An increase in the urbanization in the regions is aiding the market growth for sorbitol.

Key Offerings of the Report:

  • The EMR report gives an overview of the Europe, Middle East and Africa sorbitol market for the periods (2016-2020) and (2021-2026).
  • The report also offers the historical (2016-2020) and forecast (2021-2026) markets for the types, applications, and regional markets of sorbitol. 
  • It gives an in-depth look at the regional price trends for sorbitol and its feedstock in the Europe, Middle East and Africa sorbitol market for the periods (2016-2020) and (2021-2026).
  • It analyses the global trade data for sorbitol and its feedstock, looking into the value and volume of the significant importing as well as exporting countries.

Roquette Frères SA, Cargill, Incorporated, Ingredion, Incorporated, Archer Daniels Midland Company, Tereos Starch & Sweeteners, and Tongaat Hulett Starch (Pty) Limited are the key players in the Europe, Middle East and Africa sorbitol market. The EMR report looks into the capacity, market share, and latest developments of these major players like plant turnarounds, mergers and acquisitions, and capacity expansions.

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Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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