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North America Sorbitol Market Repor...

Historical and Forecast Market Trends

2018-34

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The North America sorbitol market accounts for 25% of the global sorbitol market. It is driven by the growing awareness of sugar-related health issues in the region, such as type-2 diabetes and obesity, which in turn is accelerating the growth of sugar-substitutes. The US is the largest sorbitol market in North America and the second-largest sorbitol producer in the world after China. In the United States, the polyol is currently derived from corn. Therefore, the market for sorbitol is contingent on the climate of its corn production. The US is a leading corn producer globally and contributing to about 36% of the global corn output.

Archer Daniels Midland Company (NYSE: ADM) and Ingredion, Incorporated (NYSE: INGR) are the leading companies in the North America sorbitol market, driven by the oral care, pharmaceuticals and cosmetic industries. In 2020, Roquette Frères SA, another major player in the market, launched innovative plant-based ingredients in the Beauté line, further contributing to the Cosmetics market. It offers a new patented plant-based polyol, exhibiting scientifically proven results on oral microbiota, hindering the growth of microorganisms responsible for halitosis.

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Market Analysis by Type, Application, and Region:

  • Based on type, the sorbitol market is divided into liquid and powder sorbitol.
  • The market is divided on the basis of application into pharmaceutical, toothpaste, food and confectioneries, cosmetics and toiletries, and industrial surfactants, among others.
  • Regionally, the market is divided into the United States and Canada.

Key Findings of The Report:

  • The sorbitol market in North America is being enhanced by the stable growth in the food and beverage industry, with consumers preferring products having less or no sugar.
  • The governments are discouraging consumers from consuming products with high sugar content by making policies such as sugar tax or sugary beverage tax, thus, providing further impetus to the market growth for sorbitol, which is used in sugar-free juices and diet sodas.
  • The booming economy, along with the expected rise in the high-income class population in North America, is further propelling the market.
  • Sorbitol is extensively used as a sweetener, stabiliser, humectant, emulsifier, and softener in personal and home care products.
  • The expected growth of the oral care industry in the region is expected to bolster the North America sorbitol market.

Key Offerings of the Report:

  • The EMR report gives an overview of the North America and global sorbitol market for the periods (2018-2023) and (2024-2032).
  • The report also offers the historical (2018-2023) and forecast (2024-2032) supply and consumption for the type and regional markets of sorbitol in North America. 
  • It gives an in-depth look at the regional price trends of sorbitol and its feedstock in the North America market for the periods (2018-2023) and (2024-2032).
  • 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, and Tereos Starch & Sweeteners are the key players in the North America 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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Report Summary

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment

  • Type
  • Application
  • Region
Breakup by Type
  • Liquid
  • Powder
Breakup by Application
  • Pharmaceuticals
  • Toothpaste
  • Food & Confectionaries
  • Cosmetics & Toiletries
  • Industrial Surfactants
  • Others
Breakup by Region
  • United States of America
  • Canada
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Roquette Frères SA
  • Cargill Inc.
  • Ingredion Inc.
  • Archer Daniels Midland Company
  • Tereos Participations SAS
  • Others
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