Press Release
Press Release
According to a new report by EMR titled, 'North America Sorbitol Market Report and Forecast 2022-2027', the North America sorbitol market supports the growth of the global sorbitol market, which is predicted to grow at a CAGR of 2.3% in the forecast period of 2022-2027 to reach a volume of 2.86 million metric tons by 2026.
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.
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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.
Market Analysis by Type, Application, and Region:
Key Findings of The Report:
Key Offerings of the Report:
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.
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
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