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Global Sorbitol Market: By Form: Liquid, Powder; By Application: Pharmaceuticals, Toothpaste, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Trade Data Analysis; Feedstock Market Analysis; Manufacturing Process; Cost Analysis; Competitive Landscape; Industry Events and Developments
Global Sorbitol Market Outlook
The global sorbitol market attained a volume of about 2.5 million metric tons in 2020. Increasing awareness towards health has led to a greater demand for low-calorie foods which has, in turn, contributed to a steady growth of the global sorbitol market over the past few years. During the forecast period of 2021-2026, the industry is expected to grow at a CAGR of 1.5% to reach 2.7 million metric tons by 2026.
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Although a number of feedstock can be used for making sorbitol, the choice of feedstock mainly depends upon the total cost of production and the ease of availability in the region. Corn, cassava and wheat represent the most popular feedstock for sorbitol production.
Properties and Applications
Sorbitol, a six-carbon sugar alcohol, occurs in plants naturally. It can also be synthesised through catalytic hydrogenation of D-glucose to produce D-sorbitol. Sorbitol has non-cariogenic and sweetening properties due to which it is used in toothpaste and oral care products, beverages, ice-creams, jams, syrups, candies, jellies, etc. It is also used as a laxative.
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The forms of the product can be divided into liquid and powder.
Several other applications include:
- Pharmaceuticals
- Toothpaste
- Food and Beverages
- Cosmetics and Toiletries
- Industrial Surfactants
- Others
The major regions included in the global sorbitol market include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Market Analysis
China was the greatest consumer of sorbitol with almost 40% of the world’s total consumption in 2016. Asia Pacific remained the largest region for sorbitol industry in 2016 with more than half of the global industry share and is likely to maintain this position in years to come due to favourable government policies and greater FDI flows for pharmaceutical and personal care firms in India and China. The sorbitol market in North America and Europe is anticipated to exhibit steady growth in the forecasted years due to the growing home and personal care and food and beverage industry in the region followed by economies such as India, Thailand and Indonesia. Inconsistencies in price and supply of raw materials, side-effects due to over-consumption of sorbitol and international regulations are factors that may hinder the growth of sorbitol industry. A detailed analysis including the price movement and regional market scenario of the sorbitol feedstock such as corn, cassava, wheat, etc. is offered in this report.
Competitive Landscape
ADM announced a proposed acquisition of Neovia, a global provider of value-added animal nutrition solutions with 72 production facilities and a presence in 25 countries.
Cargill has launched a farm-based program raising food starch sustainability across Europe that helps farmers to continuously improve their practices and reduce their impact on the environment in corn growing areas.
The report gives a detailed analysis of the following key players in the global sorbitol market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Roquette Frères
- Cargill, Incorporated
- Ingredion Incorporated
- ADM
- Merck KGaA
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.
*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 Analysis
8.1 Key Industry Highlights
8.2 Global Sorbitol Historical Market (2016-2020)
8.3 Global Sorbitol Market Forecast (2021-2026)
8.4 Global Sorbitol Market by Form
8.4.1 Liquid
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 Powder
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.5 Global Sorbitol Market by Application
8.5.1 Pharmaceuticals
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2016-2020)
8.5.1.3 Forecast Trend (2021-2026)
8.5.2 Toothpaste
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2016-2020)
8.5.2.3 Forecast Trend (2021-2026)
8.5.3 Food & Beverages
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2016-2020)
8.5.3.3 Forecast Trend (2021-2026)
8.5.4 Cosmetics & Toiletries
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2016-2020)
8.5.4.3 Forecast Trend (2021-2026)
8.5.5 Industrial Surfactants
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2016-2020)
8.5.5.3 Forecast Trend (2021-2026)
8.5.6 Others
8.6 Global Sorbitol Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis (HS Codes – 382460, 290544)
12.1 Major Importing Countries
12.1.1 By Volume
12.1.2 By Value
12.2 Major Exporting Countries
12.2.1 By Volume
12.2.2 By Value
13 Price Analysis
13.1 North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
13.2 Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
13.3 Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
13.4 Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
13.5 Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
14 Feedstock Market Analysis
14.1 Global Corn Market Analysis
14.1.1 Key Industry Highlights
14.1.2 Global Corn Historical Market (2016-2020)
14.1.3 Global Corn Market Forecast (2021-2026)
14.1.4 Global Corn Market by Region
14.1.4.1 North America
14.1.4.2 Europe
14.1.4.3 Asia Pacific
14.1.4.4 Latin America
14.1.4.5 Middle East and Africa
14.2 Global Wheat Market Analysis
14.2.1 Key Industry Highlights
14.2.2 Global Wheat Historical Market (2016-2020)
14.2.3 Global Wheat Market Forecast (2021-2026)
14.2.4 Global Wheat Market by Region
14.2.4.1 North America
14.2.4.2 Europe
14.2.4.3 Asia Pacific
14.2.4.4 Latin America
14.2.4.5 Middle East and Africa
14.3 Global Cassava Market Analysis
14.3.1 Key Industry Highlights
14.3.2 Global Cassava Historical Market (2016-2020)
14.3.3 Global Cassava Market Forecast (2021-2026)
14.3.4 Global Cassava Market by Region
14.3.4.1 North America
14.3.4.2 Europe
14.3.4.3 Asia Pacific
14.3.4.4 Latin America
14.3.4.5 Middle East and Africa
14.4 Feedstock Trade Data Analysis (HS Codes - 1001,1005,071410)
14.4.1 Major Importing Countries
14.4.1.1 By Volume
14.4.1.2 By Value
14.4.2 Major Exporting Countries
14.4.2.1 By Volume
14.4.2.2 By Value
14.5 Feedstock Price Analysis
14.5.1 Corn Historical Price Trends (2016-2020) and Forecast (2021-2026)
14.5.2 Cassava Historical Price Trends (2016-2020) and Forecast (2021-2026)
14.5.3 Wheat Historical Price Trends (2016-2020) and Forecast (2021-2026)
15 Manufacturing Process
15.1 Detailed Process Flow
15.2 Operations Involved
15.3 Mass Balance
16 Project Details and Cost Analysis
16.1 Land and Construction Requirements
16.2 Plant Layout
16.3 Plant Machinery
16.4 Raw Material Cost
16.5 Utilities Requirement
16.6 Manpower Requirement
16.7 Capital Cost
16.8 Final Product and By-Product Prices
16.9 Total Cost per Tons
17 Competitive Landscape
17.1 Market Structure
17.2 Key Players’ Market Share
17.3 Company Profiles
17.3.1 Roquette Frères
17.3.1.1 Company Overview
17.3.1.2 Product Portfolio
17.3.1.3 Demographic Reach and Achievements
17.3.1.4 Financial Summary
17.3.1.5 Certifications
17.3.2 Cargill, Incorporated
17.3.2.1 Company Overview
17.3.2.2 Product Portfolio
17.3.2.3 Demographic Reach and Achievements
17.3.2.4 Financial Summary
17.3.2.5 Certifications
17.3.3 Ingredion Incorporated
17.3.3.1 Company Overview
17.3.3.2 Product Portfolio
17.3.3.3 Demographic Reach and Achievements
17.3.3.4 Financial Summary
17.3.3.5 Certifications
17.3.4 ADM
17.3.4.1 Company Overview
17.3.4.2 Product Portfolio
17.3.4.3 Demographic Reach and Achievements
17.3.4.4 Financial Summary
17.3.4.5 Certifications
17.3.5 Merck KGaA
17.3.5.1 Company Overview
17.3.5.2 Product Portfolio
17.3.5.3 Demographic Reach and Achievements
17.3.5.4 Financial Summary
17.3.5.5 Certifications
17.3.6 Others
18 Industry Events and Developments
List of Figures and Tables
1. Global Sorbitol Market: Key Industry Highlights, 2016 and 2026
2. Global Sorbitol Historical Market: Breakup by Form (Million Metric Tons), 2016-2020
3. Global Sorbitol Market Forecast: Breakup by Form (Million Metric Tons), 2021-2026
4. Global Sorbitol Historical Market: Breakup by Application (Million Metric Tons), 2016-2020
5. Global Sorbitol Market Forecast: Breakup by Application (Million Metric Tons), 2021-2026
6. Global Sorbitol Historical Market: Breakup by Region (Million Metric Tons), 2016-2020
7. Global Sorbitol Market Forecast: Breakup by Region (Million Metric Tons), 2021-2026
8. North America Sorbitol Historical Market: Breakup by Country (Million Metric Tons), 2016-2020
9. North America Sorbitol Market Forecast: Breakup by Country (Million Metric Tons), 2021-2026
10. Europe Sorbitol Historical Market: Breakup by Country (Million Metric Tons), 2016-2020
11. Europe Sorbitol Market Forecast: Breakup by Country (Million Metric Tons), 2021-2026
12. Asia Pacific Sorbitol Historical Market: Breakup by Country (Million Metric Tons), 2016-2020
13. Asia Pacific Sorbitol Market Forecast: Breakup by Country (Million Metric Tons), 2021-2026
14. Latin America Sorbitol Historical Market: Breakup by Country (Million Metric Tons), 2016-2020
15. Latin America Sorbitol Market Forecast: Breakup by Country (Million Metric Tons), 2021-2026
16. Middle East and Africa Sorbitol Historical Market: Breakup by Country (Million Metric Tons), 2016-2020
17. Middle East and Africa Sorbitol Market Forecast: Breakup by Country (Million Metric Tons), 2021-2026
18. Major Importing Countries by Volume (2020)
19. Major Exporting Countries by Volume (2020)
20. Major Importing Countries by Value (2020)
21. Major Exporting Countries by Value (2020)
22. North America Historical Price Trends and Forecast 2016-2026
23. Europe Historical Price Trends and Forecast 2016-2026
24. Asia Pacific Historical Price Trends and Forecast 2016-2026
25. Latin America Historical Price Trends and Forecast 2016-2026
26. Middle East and Africa Historical Price Trends and Forecast 2016-2026
27. Global Corn Market: Key Industry Highlights, 2016 and 2026
28. Global Corn Historical Market: Breakup by Region (Million Metric Tons), 2016-2020
29. Global Corn Market Forecast: Breakup by Region (Million Metric Tons), 2021-2026
30. Global Wheat Market: Key Industry Highlights, 2016 and 2026
31. Global Wheat Historical Market: Breakup by Region (Million Metric Tons), 2016-2020
32. Global Wheat Market Forecast: Breakup by Region (Million Metric Tons), 2021-2026
33. Global Cassava Market: Key Industry Highlights, 2016 and 2026
34. Global Cassava Historical Market: Breakup by Region (Million Metric Tons), 2016-2020
35. Global Cassava Market Forecast: Breakup by Region (Million Metric Tons), 2021-2026
36. Corn: Major Importing Countries by Volume (2020)
37. Corn: Major Exporting Countries by Volume (2020)
38. Corn: Major Importing Countries by Value (2020)
39. Corn: Major Exporting Countries by Value (2020)
40. Wheat: Major Importing Countries by Volume (2020)
41. Wheat: Major Exporting Countries by Volume (2020)
42. Wheat: Major Importing Countries by Value (2020)
43. Wheat: Major Exporting Countries by Value (2020)
44. Cassava: Major Importing Countries by Volume (2020)
45. Cassava: Major Exporting Countries by Volume (2020)
46. Cassava: Major Importing Countries by Value (2020)
47. Cassava: Major Exporting Countries by Value (2020)
48. Corn Historical Price Trends and Forecast 2016-2026
49. Wheat Historical Price Trends and Forecast 2016-2026
50. Cassava Historical Price Trends and Forecast 2016-2026
51. Global Sorbitol Market Structure
Key Questions Answered in the Report
The global sorbitol market reached volume of about 2.5 million metric tons in 2020.
The industry is projected to grow at a CAGR of nearly 1.5% in the forecast period of 2021-2026.
By 2026, the market is estimated to attain a value of 2.7 million metric tons.
The major drivers of the industry include the rising disposable incomes, increasing population, and growing home and personal care and food and beverage industries.
Favourable government policies and greater FDI flows for pharmaceutical and personal care firms are expected to be the key trends guiding the growth of the global sorbitol market.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the global sorbitol market, with the Asia Pacific accounting for the largest market share.
The leading forms of the product are categorised into liquid and powder.
The most significant application sectors of the industry include pharmaceuticals, toothpaste, food and beverages, cosmetics and toiletries, and industrial surfactants, among others.
The leading players in the global sorbitol market are Roquette Frères, Cargill, Incorporated, Ingredion Incorporated, ADM, and Merck KGaA, among others.
Analyst Review
The global sorbitol market attained a volume of about 2.5 million metric tons in 2020. Increasing awareness towards health has led to a greater demand for low-calorie foods which has, in turn, contributed to a steady growth of the global sorbitol market over the past few years. During the forecasted period of 2021-2026, the market is expected to grow at a CAGR of 1.5% owing to a multitude of sorbitol applications across several types of industries and is projected to reach a volume of 2.7 million metric tons by 2026.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. By form, the global sorbitol market is divided into liquid and powder. On the basis of application, the global sorbitol market can be divided into pharmaceuticals, toothpaste, food and beverages, cosmetics and toiletries, and industrial surfactants, among others. The major regions in the global sorbitol market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with the Asia Pacific accounting for the largest share of the industry. The key players in the global sorbitol market include Roquette Frères, Cargill, Incorporated, Ingredion Incorporated, ADM, and Merck KGaA, among 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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