Sorbitol Market Trends 2024 | Growth, Share, Size and Future Scope 2032

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IMARC Group provides an analysis of the key trends in each segment of the global sorbitol market report, along with forecasts at the global and regional levels from 2024-2032.

Summary:

  • The global sorbitol market size reached 2.73 Million Tons in 2023.
  • The market is expected to reach 3.01 Million Tons by 2032, exhibiting a growth rate (CAGR) of 1% during 2024-2032.
  • China leads the market, accounting for the largest sorbitol market share.
  • Pharmaceutical accounts for the majority of the market share in the application segment as it helps to improve the taste.
  • Liquid sorbitol holds the largest share in the sorbitol industry.
  • Corn feedstock remains a dominant segment in the market as it is cost-effective and easily available.
  • The rising health consciousness among the masses is a primary driver of the sorbitol market.
  • The increasing product usage in the pharmaceutical industry is reshaping the sorbitol market.

Industry Trends and Drivers:

  • Growing demand for sugar substitute:

The increasing awareness of health issues among consumers has notably enhanced the demand for sugar alternatives, with sorbitol standing out as a prominent component. Sorbitol, a low-calorie sugar alcohol, is extensively utilized in the food and beverage sector as a sweetening agent, providing a healthier substitute for conventional sugar. Its low glycemic index renders it appropriate for individuals with diabetes, while its capacity to deliver sweetness without causing spikes in blood sugar levels attracts a wide range of consumers pursuing healthier dietary options. Furthermore, the escalating rates of obesity and associated health problems have contributed to a heightened demand for products featuring low-calorie sweeteners. The food and beverage industry, especially in the manufacturing of sugar-free and low-calorie products such as baked goods, candies, and diet sodas, continues to propel the growth of the sorbitol market.

  • Rising personal care industry:

Sorbitol is gaining popularity in the personal care and cosmetics sector due to its effective humectant properties, which aid in moisture retention in various products, including lotions, creams, and toothpaste. As consumers increasingly prioritize moisturizing and skin-friendly components, manufacturers have incorporated sorbitol as a vital ingredient in their personal care formulations. The heightened demand for products that provide hydration and skin-enhancing benefits, particularly in anti-aging creams and moisturizing lotions, has led to an uptick in the use of sorbitol. The personal care industry is witnessing substantial growth, fueled by evolving consumer preferences for natural and organic offerings. Sorbitol, sourced from natural materials such as corn and fruits, aligns seamlessly with this trend, thereby boosting its market demand.

  • Expanding pharmaceutical applications:

The pharmaceutical sector serves as a significant catalyst for the sorbitol market, given the compound's extensive application in the formulation of syrups, oral hygiene products, and medicinal preparations. Sorbitol functions as a stabilizer, excipient, and sweetening agent across a range of pharmaceutical items, rendering it a vital component in liquid medications, vitamin syrups, and sugar-free products. Its non-cariogenic properties—indicating that it does not encourage tooth decay—render it a favored ingredient in oral care items such as toothpaste and mouth rinses. Furthermore, the rising demand for diabetic and low-calorie pharmaceuticals, coupled with the increasing elderly population worldwide, is anticipated to further enhance the need for sorbitol in pharmaceutical uses, thereby contributing to the overall growth of the market.

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Sorbitol Market Report Segmentation:

Breakup By Application:

  • Cosmetics and Toiletries
  • Food and Beverage
  • Pharmaceuticals
  • Toothpaste
  • Industrial Surfactants
  • Others

Pharmaceutical account for the majority of shares as sorbitol serves as a stabilizer in syrups and tablets.

Breakup By Type:

  • Liquid Sorbitol
  • Powder Sorbitol

Liquid sorbitol dominates the market due to its ease of use and versatility.

Breakup By Feedstock:

  • Corn
  • Wheat
  • Cassava
  • Others

Corn feedstock represents the majority of shares as it is widely available in the market.

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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