Sorbitol Market To 2023 Analysis, Business Strategy, Opportunities, Trend, Marke
Posted by Marketresearchfuture on September 5th, 2019
The sorbitol market is predicted to expand at an impressive CAGR over the estimated years (2017-2023). Sorbitol simply put, is a fruit-derived sugar and naturally occurs in fruits such as dates, nectarines, peaches, apples and apricots. Besides, it can be produced synthetically as well from glucose. Together with taste, it also has a lot of health benefits, thus is used in various sugar-free foods that are consumed daily. The different fascinating health benefits of taking these low-calorie sugar alternatives include, it promotes dental health, eases constipation, ideal for diabetic people, protects the skin, and cleanses the scalp and hair. Sorbitol is in great demand in the food and beverage industry as it is used to prepare dietary and sugar-free food products. Besides, it is also used as gelling and thickening purpose in chewing gums, bakery products, desserts, frozen food and other forms of confectionery products. Not only this, sorbitol is used in various personal care products owing to its unique properties of thickener and humectant. Products namely mouthwash, toothpaste, creams, moisturizer and others contain sorbitol. In the pharmaceutical industry, it is used to sweeten syrups, medicines tablets.
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April- Greensboro, NC based Lynette Batton has introduced an effervescent tablet to eliminate offensive mouth odor, discoloration of red wine and cleaning the palate. The excipient contains magnesium oxide, sodium carbonate, sodium chloride, microcrystalline cellulose, potassium bicarbonate, sodium bicarbonate, sorbitol, di-basic calcium phosphate and rice starch.
MRFR report provides an extensive segmental analysis of the sorbitol market on the basis of type, function and end-use.
Based on form, it is segmented into crystal form and liquid form. Of these, liquid sorbitol will have the maximum share in the market over the estimated years.
Based on function, the sorbitol market is segmented into humectant, flavoring agent, bulking agent, sweetener and others.
Based on end-user, it is segmented into chemicals, cosmetic & personal care, pharmaceuticals, food and beverage and others (plastic, packaging, paper industry). Of these, personal care will dominate the market over the estimated years.
By region, the sorbitol market covers growth opportunities and latest trends across Latin America, North America, Asia Pacific, Middle East and Africa and Europe. Of these, the APAC region will spearhead the market over the estimated years and will also expand at the fastest rate owing to increasing use of sorbitol in the personal care and food and beverage industry. Besides, the purchasing power and growing GDP in the developing regions has augmented the demand for personal care and homecare products which in turn is fueling the market growth in this region. Moreover, growing government investments in retail sectors has led to rapid supply of consumer goods that again is adding to the market growth. China and India are the key contributors here. In North America, the sorbitol market will have considerable growth over the estimated years. This is owing to increasing use of sorbitol in food & beverage industry due to its low-calorie content and also its growing need in the pharmaceutical and cosmetic and personal care industry.
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