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Asia Pacific Sorbitol Market: By Type: Liquid, Powder; By Application: Pharmaceutical, Toothpaste, Food and Confectionaries, Cosmetics and Toiletries, Industrial Surfactants, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Price Analysis; Competitive Landscape; Industry Events and Developments

Asia Pacific Sorbitol Market Outlook

The Asia Pacific sorbitol market is being aided by the rising production of sorbitol. In 2020, nearly 1.45 million metric tons of the polyol was produced.

 

Asia Pacific Sorbitol Market

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The Asia Pacific is the largest sorbitol market, globally, accounting for over half the global market. Thus, the growing production of the polyol in the region is aiding the global market growth, which is expected to grow at a CAGR of 2.4% in the forecast period of 2022-2027.

The Asia Pacific sorbitol market is expected to continue to lead the global market in the forecast period due to the higher flows of FDI into personal care and pharmaceutical firms in India and China. China, along with India, produces nearly 50% of the global sorbitol output. China is the leading market for the polyol in both the Asia Pacific market and the global market. The Asian country is also a major consumer of sorbitol, globally. The Asia Pacific region also has some largest exporters of the substance like China, India, and Indonesia. Its export in India has witnessed a growth in the recent years, and indicates a growing production of the polyol in the country. Japan, on the other hand, is its leading importer, with major import demand for the polyol stemming from the oral care industry.

Globally, corn is the leading feedstock for sorbitol. The application segments of corn, especially corn starch, is expected to witness a healthy growth in the forecast period. Its industrial and non-food applications are also expected to expand in the coming years. Corn is the primary feedstock from which sorbitol is derived in China. Between 2017 and 2018, China accounted for nearly a fifth of the global corn production. In India, too, corn is a significant feedstock of the polyol with maize being a major food grain in the country after rice and wheat.

 

Properties and Applications

Sorbitol is a naturally occurring sugar alcohol or polyol, which occurs in fruits like peaches and apples, among other plants. It is also produced artificially by the catalytic hydrogenation of D-glucose. Other sugar alcohols, also known as polyols, include xylitol and mannitol. Being non-cariogenic, sorbitol is widely used as a sweetener in oral care products, especially in toothpastes. Other than oral care, it finds its application in sectors like:

 

Asia Pacific Sorbitol Market By Application

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  • Pharmaceutical
  • Food and Confectionaries
  • Cosmetics and Toiletries
  • Industrial Surfactants
  • Others

According to its types, it is widely bifurcated into liquid and powder types. The EMR report also provides the market for common feedstock of the polyol like corn, cassava, and wheat. The report also looks into the regional markets in the Asia Pacific region like China, India and South East Asia.

 

Asia Pacific Sorbitol Market By Region

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Market Analysis

The Asia Pacific sorbitol market is being driven by the expansion in the downstream applications of the polyol. Favourable government policies in the region are also driving the industry. The growing economy combined with a rising middle class in the area is aiding the growth of the market. The rising urbanisation and middle-class population have led to a change in consumption patterns with people seeking out premium and healthier food options. With sorbitol finding a significant portion of its end-use in diet foods like sugar-free candies, chewing gums, and diet soda as a low-calorie sweetener, the growing consumer preference for diet or sugar-free products is aiding the industry growth in the region.

Toothpaste is a major end-use sector for sorbitol and is experiencing a growth in the Asia Pacific region. The polyol is used in toothpastes as a sweetener, which does not harm the teeth by causing cavities. It also keeps toothpastes from drying out. The market in the region is being aided by the rising oral care market in India. With a growing market penetration and investments by major international players in the country, the oral care industry in India is expected to be propelled forward.

In China, the majority of the sorbitol demand derives from the application of the polyol in the production of vitamin C and toothpastes. China is the leading producer of vitamin C in the world and accounts for over 90% of its total global output. With vitamin C being manufactured from sorbitol, the massive production of the vitamin in China is aiding the market in the country. Although the Asian country is one of the largest exporters of the polyol, it also imports crystalline sorbitol, which is used in the pharmaceutical sector. Along with China and India, the markets for the polyol in Indonesia and Thailand are also witnessing significant growth.

 

Competitive Landscape

The report gives a detailed analysis of the following key players in the Asia Pacific sorbitol market, looking into their market share, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Cargill, Incorporated
  • Ingredion, Incorporated 
  • Archer Daniels Midland Company
  • Tereos S.A.
  • Roquette Frères S.A.
  • Dancheng Caixin Sugar Industry Co. Ltd. 

The EMR report provides an in-depth insight into the market, giving a value chain and SWOT analysis as well as an analysis of Porter’s Five Forces.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and
Forecast Market Analysis by Segment- Type, Application, Country
Breakup by Type Liquid Sorbitol, Powder Sorbitol
Breakup by Application Pharmaceutical, Toothpaste, Food & Confectionaries, Cosmetics & Toiletries, Industrial Surfactants, Others
Breakup by Country China, India, South East Asia
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Trade Data Analysis Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume
Price Analysis Historical and Forecast Price Trends- Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Cargill, Incorporated, Ingredion, Incorporated, Archer Daniels Midland Company, Tereos Starch & Sweeteners, Roquette Frères S.A., Dancheng Caixin Sugar Industry Co. Ltd., Others.
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*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.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Sorbitol Market Overview

    8.1    Key Industry Highlights
    8.2    Global Sorbitol Historical Market (2017-2021) 
    8.3    Global Sorbitol Market Forecast (2022-2027)
    8.4    Global Sorbitol Market by Region
        8.4.1    Market Share
            8.4.1.1    North America
            8.4.1.2    Europe
            8.4.1.3    Asia Pacific
            8.4.1.4    Latin America
            8.4.1.5    Middle East and Africa
9    Asia Pacific Sorbitol Market Analysis
    9.1    Key Industry Highlights
    9.2    Asia Pacific Sorbitol Historical Market (2017-2021) 
    9.3    Asia Pacific Sorbitol Market Forecast (2022-2027)
    9.4    Asia Pacific Sorbitol Market by Types
        9.4.1    Liquid
            9.4.1.1    Market Share
            9.4.1.2    Historical Trend (2017-2021)
            9.4.1.3    Forecast Trend (2022-2027)
        9.4.2    Powder 
            9.4.2.1    Market Share
            9.4.2.2    Historical Trend (2017-2021)
            9.4.2.3    Forecast Trend (2022-2027)
    9.5    Asia Pacific Sorbitol Market by Applications
        9.5.1    Pharmaceuticals
            9.5.1.1    Market Share
            9.5.1.2    Historical Trend (2017-2021)
            9.5.1.3    Forecast Trend (2022-2027)
        9.5.2    Toothpastes
            9.5.2.1    Market Share
            9.5.2.2    Historical Trend (2017-2021)
            9.5.2.3    Forecast Trend (2022-2027)
        9.5.3    Food and Confectionaries
            9.5.3.1    Market Share
            9.5.3.2    Historical Trend (2017-2021)
            9.5.3.3    Forecast Trend (2022-2027)
        9.5.4    Cosmetics and Toiletries
            9.5.4.1    Market Share
            9.5.4.2    Historical Trend (2017-2021)
            9.5.4.3    Forecast Trend (2022-2027)
        9.5.5    Industrial Surfactants
            9.5.5.1    Market Share
            9.5.5.2    Historical Trend (2017-2021)
            9.5.5.3    Forecast Trend (2022-2027)
        9.5.6    Others
    9.6    Asia Pacific Sorbitol Market by Country
        9.6.1    Market Share
            9.6.1.1    China
            9.6.1.2    India
            9.6.1.3    Japan
            9.6.1.4    ASEAN
            9.6.1.5    Australia
            9.6.1.6    Others
10    Regional Analysis
    10.1    China
        10.1.1    Historical Trend (2017-2021)
        10.1.2    Forecast Trend (2022-2027)
    10.2    India
        10.2.1    Historical Trend (2017-2021)
        10.2.2    Forecast Trend (2022-2027)
    10.3    Japan
        10.3.1    Historical Trend (2017-2021)
        10.3.2    Forecast Trend (2022-2027)
    10.4    ASEAN
        10.4.1    Historical Trend (2017-2021)
        10.4.2    Forecast Trend (2022-2027)
    10.5    Australia
        10.5.1    Historical Trend (2017-2021)
        10.5.2    Forecast Trend (2022-2027)
11    Market Dynamics
    11.1    SWOT Analysis
        11.1.1    Strengths
        11.1.2    Weaknesses
        11.1.3    Opportunities
        11.1.4    Threats
    11.2    Porter’s Five Forces Analysis
        11.2.1    Supplier’s Power
        11.2.2    Buyers Power
        11.2.3    Threat of New Entrants
        11.2.4    Degree of Rivalry
        11.2.5    Threat of Substitutes
    11.3    Key Indicators for Demand
    11.4    Key Indicators for Price
12    Value Chain Analysis
13    Trade Data Analysis (HS Code – 382460, 290544)

    13.1    Major Importing Countries
        13.1.1    By Volume
        13.1.2    By Value
    13.2    Major Exporting Countries
        13.2.1    By Volume
        13.2.2    By Value
14    Price Analysis
    14.1    China Sorbitol Historical Price Trends (2017-2021) and Forecast (2022-2027)
    14.2    India Sorbitol Historical Price Trends (2017-2021) and Forecast (2022-2027)
    14.3    Japan Sorbitol Historical Price Trends (2017-2021) and Forecast (2022-2027)
    14.4    ASEAN Sorbitol Historical Price Trends (2017-2021) and Forecast (2022-2027)
    14.5    Australia Sorbitol Historical Price Trends (2017-2021) and Forecast (2022-2027)
15    Feedstock Market Analysis
    15.1    Asia Pacific Corn Market Analysis
        15.1.1    Key Industry Highlights
        15.1.2    Asia Pacific Corn Historical Market (2017-2021) 
        15.1.3    Asia Pacific Corn Market Forecast (2022-2027)
        15.1.4    Asia Pacific Corn Market by Country
            15.1.4.1    China
            15.1.4.2    India
            15.1.4.3    Japan
            15.1.4.4    ASEAN
            15.1.4.5    Australia
            15.1.4.6    Others
    15.2    Asia Pacific Wheat Market Analysis
        15.2.1    Key Industry Highlights
        15.2.2    Asia Pacific Wheat Historical Market (2017-2021) 
        15.2.3    Asia Pacific Wheat Market Forecast (2022-2027)
        15.2.4    Asia Pacific Wheat Market by Country
            15.2.4.1    China
            15.2.4.2    India
            15.2.4.3    Japan
            15.2.4.4    ASEAN
            15.2.4.5    Australia
            15.2.4.6    Others
    15.3    Asia Pacific Cassava Market Analysis
        15.3.1    Key Industry Highlights
        15.3.2    Asia Pacific Cassava Historical Market (2017-2021) 
        15.3.3    Asia Pacific Cassava Market Forecast (2022-2027)
        15.3.4    Asia Pacific Cassava Market by Country
            15.3.4.1    China
            15.3.4.2    India
            15.3.4.3    Japan
            15.3.4.4    ASEAN
            15.3.4.5    Australia
            15.3.4.6    Others
    15.4    Feedstock Trade Data Analysis (HS Code - 1001,1005,071410,)
        15.4.1    Major Importing Countries
            15.4.1.1    By Volume
            15.4.1.2    By Value
        15.4.2    Major Exporting Countries
            15.4.2.1    By Volume
            15.4.2.2    By Value
    15.5    Feedstock Price Analysis
        15.5.1    Corn Historical Price Trends (2017-2021) and Forecast (2022-2027)
        15.5.2    Wheat Historical Price Trends (2017-2021) and Forecast (2022-2027)
        15.5.3    Cassava Historical Price Trends (2017-2021) and Forecast (2022-2027)
16    Competitive Landscape
    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Cargill, Incorporated
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Ingredion, Incorporated
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Archer Daniels Midland Company
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Tereos S.A.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Roquette Frères
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Dancheng Caixin Sugar Industry Co. Ltd.
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Others
17    Industry Events and Developments


Additional Customization Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operations Involved
2    Project Requirements and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment


List of Key Figures and Tables

1.    Global Sorbitol Market: Key Industry Highlights, 2017 and 2027
2.    Asia Pacific Sorbitol Market: Key Industry Highlights, 2017 and 2027
3.    Asia Pacific Sorbitol Historical Market: Breakup by Types (MMT), 2017-2021
4.    Asia Pacific Sorbitol Market Forecast: Breakup by Types (MMT), 2022-2027
5.    Asia Pacific Sorbitol Historical Market: Breakup by Applications (MMT), 2017-2021
6.    Asia Pacific Sorbitol Market Forecast: Breakup by Applications (MMT), 2022-2027
7.    Asia Pacific Sorbitol Historical Market: Breakup by Country (MMT), 2017-2021
8.    Asia Pacific Sorbitol Market Forecast: Breakup by Country (MMT), 2022-2027
9.    Major Importing Countries by Volume
10.    Major Exporting Countries by Volume
11.    Major Importing Countries by Value
12.    Major Exporting Countries by Value
13.    China Sorbitol Historical Price Trends and Forecast 2017-2027
14.    India Sorbitol Historical Price Trends and Forecast 2017-2027
15.    Japan Sorbitol Historical Price Trends and Forecast 2017-2027
16.    ASEAN Sorbitol Historical Price Trends and Forecast 2017-2027
17.    Australia Sorbitol Historical Price Trends and Forecast 2017-2027
18.    Asia Pacific Corn Market: Key Industry Highlights, 2017 and 2027
19.    Asia Pacific Corn Historical Market: Breakup by Country (MMT), 2017-2021
20.    Asia Pacific Corn Market Forecast: Breakup by Country (MMT), 2022-2027
21.    Asia Pacific Wheat Market: Key Industry Highlights, 2017 and 2027
22.    Asia Pacific Wheat Historical Market: Breakup by Country (MMT), 2017-2021
23.    Asia Pacific Wheat Market Forecast: Breakup by Country (MMT), 2022-2027
24.    Asia Pacific Cassava Market: Key Industry Highlights, 2017 and 2027
25.    Asia Pacific Cassava Historical Market: Breakup by Country (MMT), 2017-2021
26.    Asia Pacific Cassava Market Forecast: Breakup by Country (MMT), 2022-2027
27.    Major Importing Countries by Volume
28.    Major Exporting Countries by Volume
29.    Major Importing Countries by Value
30.    Major Exporting Countries by Value
31.    Corn Historical Price Trends and Forecast 2017-2027
32.    Wheat Historical Price Trends and Forecast 2017-2027
33.    Cassava Historical Price Trends and Forecast 2017-2027
34.    Asia Pacific Sorbitol Market Structure

Key Questions Answered in the Report

The Asia Pacific sorbitol market is being aided by the rising production of sorbitol. In 2020, nearly 1.45 million metric tons of the polyol was produced.

The growing production of the polyol in the region is aiding the global market growth, which is expected to grow at a CAGR of 2.4% in the forecast period of 2022-2027.

The major drivers of the market include the higher flows of FDI into personal care and pharmaceutical firms, favourable government policies, growing economy combined with a rising middle-class population, rising urbanisation.

The growing production of polyol and growing consumer preference for diet or sugar-free products in key areas along with increasing exports are the key industry trends propelling the market's growth.

The major regions in the industry are China, India, Japan, ASEAN, and Australia, among others.

Liquid sorbitol, and powder sorbitol are the types of sorbitol in the market.

The major applications in the market are pharmaceutical, toothpaste, food and confectionaries, cosmetics and toiletries, and industrial surfactants, among others.

The major players in the industry are Cargill, Incorporated, Ingredion, Incorporated, Archer Daniels Midland Company, Tereos Starch & Sweeteners, Roquette Frères S.A., Dancheng Caixin Sugar Industry Co. Ltd., Others.

Analyst Review

The Asia Pacific sorbitol market is being aided by the rising production of sorbitol. In 2020, nearly 1.45 million metric tons of the polyol was produced. Aided by higher flows of FDI into personal care and pharmaceutical firms, and favourable government policies, the market is expected to witness further growth in the forecast period of 2022-2027, growing at a CAGR of 2.4%.

EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Liquid sorbitol and powder sorbitol are the types of sorbitol in the market. The major applications in the market are pharmaceutical, toothpaste, food and confectionaries, cosmetics and toiletries, and industrial surfactants, among others. The major regional markets for sorbitol market are China, India, Japan, ASEAN, and Australia, among others. The major players in the industry are Cargill, Incorporated, Ingredion, Incorporated, Archer Daniels Midland Company, Tereos Starch & Sweeteners, Roquette Frères S.A., Dancheng Caixin Sugar Industry Co. Ltd., Others.

EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.

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