Sorbitol Market: Global Industry Analysis and Forecast (2023-2029)

The Sorbitol Market size was valued at USD 1.70 Bn. in 2022 and the total Sorbitol Market revenue is expected to grow by 5.5 % from 2023 to 2029, reaching nearly USD 2.47Bn.
Sorbitol Market Overview
Sorbitol is produced from renewable biomass resources, mainly from corn starch–based glucose and corn steep liquor. It is also produced by catalytic hydrogenation or electrolytic reduction of glucose. Sorbitol is commonly used as a sugar substitute in food and beverages due to its sweet taste and low caloric content. It is also used in various industries such as pharmaceuticals, personal care, and chemicals. The increasing consumer preference for low-calorie and sugar-free products the demand for sorbitol rises. The growing applications of sorbitol in the pharmaceutical and personal care sectors contribute to market expansion. The sorbitol market faces challenges such as fluctuating raw materials and competition from alternative sugar substitutes. Technological advancements, product innovation, and increasing health consciousness among consumers create lucrative growth opportunities for Market growth.
Sorbitol Market Snapshot
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Sorbitol Market Dynamics
Drivers

Growing Demand in the Food and Beverage Drive Market Growth.

Sorbitol is largely used as a low-calorie sweetener in various food and beverage products. Without adding significant calories the sorbitol provides sweetness. This factor makes it an attractive option for manufacturers to develop healthier and reduced sugar alternatives. Sorbitol is a great sugar substitute used in products for people with diabetes. Sorbitol helps retain moisture and improve the texture and shelf life of food. It is mostly used in baked goods, candies, and frozen desserts to prevent them from becoming dry and sugar-free. Sorbitol tastes sweet like sugar, making it a popular ingredient for reducing sugar content in foods while maintaining the desired flavor. Its demand is increasing in the food and beverage industry because it is a low-calorie sweetener and meets clean-label preferences.

Increasing Demand From Pharmaceutical And Personal Care Industries Boosts The Market Growth.

Sorbitol is largely used as an excipient in pharmaceutical formulations. It acts as a filler, binder, or disintegrator, contributing to the stability and overall quality of tablets, capsules, and other solid dosage forms. It also helps mask the taste of certain medications, improving patient compliance. Sorbitol is beneficial for personal care products because it provides miniaturization. It is used in various skincare, as well as hair care, and oral care products. Which provides smoothness, and protection to the skin, and hair. It is also used in oral care products to enhance texture and maintain moisture in the mouth, promoting a comfortable and refreshed feeling. Overall, sorbitol plays a valuable role in these personal care products, ensuring they provide the desired benefits for the skin, hair, and oral health. Due to its functional properties sorbitol usage in the pharmaceutical and personal care industries

Restrain

High Cost of Raw Materials Hampers the Market Growth

Sorbitol is derived from natural sources such as corn and wheat. The price of sorbitol largely depends upon the prices of raw materials. Fluctuations in the cost of raw materials impact the pricing of sorbitol. If the price of raw material increases the production cost of the sorbitol also increases. As a result, the final price of sorbitol also increases, potentially reducing its competitiveness compared to other sweeteners or sugar substitutes. End users of sorbitol, such as food and beverage companies, maybe price-sensitive and seek cost-effective ingredients for their products. If the cost of sorbitol increases due to expensive raw materials, these companies may explore alternative sweeteners or sugar substitutes that offer comparable functionalities at a lower price point. These factors reduced demand for sorbitol and impacted the market growth. Fluctuations in the prices of raw materials limit the growth of the sorbitol market. The volatility of prices disrupts the supply chain and hinders market growth.

Opportunity

Increasing Demand for Low-Calorie And Sugar-Free Products Creates Lucrative Growth Opportunities for the Market Growth.

The global prevalence of diabetes is on the rise, driving the demand for sugar substitutes in diabetic-friendly products. Sorbitol, with its slow metabolism and low impact on blood glucose levels, is well-suited for diabetic individuals. Sorbitol-based alternatives are used in various food, beverage, and pharmaceutical formulations. This creates lucrative growth opportunities for the Sorbitol Market growth. The rising awareness about health significantly boosts the market growth. Sorbitol is a low-calorie sweetener, therefore it is used in a wide range of food and beverage products The increasing trend of diet and rising awareness of the adverse effects of excessive sugar consumption leads to demand for low-calorie and sugar-free products. The rising consumer trend and expanding the use of sorbitol in developing innovative, healthier product offerings create ample growth opportunities for the market.

Based on the Product, the Liquid segment dominates the global Sorbitol Market in the year 2022. The liquid sorbitol is used in various formulations due to its liquid form. Liquid sorbitol is easily integrated into the formulations. In confectionery, it is used as a humectant, sweetener in beverages, and moisturizing ingredient in personal care products. Compared to other sorbitol, liquid sorbitol is easier to handle and mix into formulations. It is directly added to manufacturing processes without the need for additional processing steps like dissolving or milling. Therefore the demand for liquid sorbitol is increasing rapidly. Additionally, Liquid sorbitol exhibits synergistic effects when combined with other ingredients. For example, it enhance the sweetness of other sweeteners or improve the texture and mouth feel of certain food products.
Sorbitol Market by Product in 2022 (%)


Based on the End Use, The food segment dominates the end-use segment of the global Sorbitol Market. Sorbitol provides texture as well as some sweetness to frozen desserts Sorbitol is used in frozen desserts for diabetics where its slow rate of absorption, followed by conversion to fructose in the liver results in a prolonged, slow supply of fructose, considered to be of advantage to the diabetic. For frozen dairy desserts and mixes, FDA regulation permits sorbitol to be used as a nutritive sweetener at a level not to exceed good manufacturing practice, defined as 18 %. In candy manufacture, sorbitol is used together with sugar to increase shelf life. It also helps to improve softness, taste, and texture. In buttercreams, an additional benefit is enhanced flavor. Sorbitol is used in diabetic chocolates. Sorbitol 70% added to peanut butter has been shown to reduce dryness and crumbliness and improve spreadability. Increasing Demand from the food and beverage industry significantly boosts the demand for sorbitol.
Sorbitol Market, by End Use(%) in 2022

Sorbitol Market regional insight
Asia Pacific region dominated the Sorbitol Market in the year 2022. The Asia Pacific region observed a significant growth rate in the sorbitol market. Countries like China and India have emerged as major consumers and producers of sorbitol. The increasing population and rising disposable income, have driven the demand for sorbitol in the food and beverage industry. Furthermore, the growing pharmaceutical and personal care sectors in the region boosted the market growth. The region is a significant market for sorbitol due to its growing application in industries. The region has a well-established food and pharmaceutical industry, which drives the demand for sorbitol as a sugar substitute and excipient in medications. Additionally, the growing health-conscious population and increasing consumer preference for low-calorie products have further fuelled the demand for sorbitol in this region. Which has led to higher consumption of processed and convenience foods.
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Global Sorbitol Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 1.70 Bn.


Forecast Period 2023 to 2029 CAGR:
5.5%
Market Size in 2029:
US $ 2.47 Bn.


 Segments Covered:
by Product
Liquid
Crystal


by Application
Oral Care
Vitamin C
Diabetic & Dietetic Food & Beverage
Surfactant
Others


by End User
Personal Care
Chemical
Food
Pharmaceuticals
Others



Sorbitol Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina, Columbia and Rest of South America)
Sorbitol Market, Key Players are
1. DuPont
2. Cargill Incorporated
3. ADM
4. American International Foods, Inc.
5. Kasyap Sweeteners, Ltd.
6. Ingredion Incorporated
7. Tereos
8. SPI Pharma
9. Roquette Frères
10. Qinhuangdao Lihua Starch Co., Ltd.
11. Ecogreen Oleochemicals GmbH
12. Merck KGaA
13. Gulshan Polyols Ltd.
14. Tate &LYLE
15. Lonza Inc.
Frequently Asked Questions:
1] What segments are covered in the Global Sorbitol Market report?
Ans. The segments covered in the Sorbitol Market report are based on Products, Applications, End Users, and Regions.

2] Which region is expected to hold the highest share in the Global Sorbitol Market?
Ans. The Asia Pacific region is expected to hold the highest share of the Sorbitol Market.

3] What is the market size of the Global Sorbitol Market by 2029?
Ans. The market size of the Sorbitol Market by 2029 is expected to reach US$ 2.47 Bn.

4] What is the forecast period for the Global Sorbitol Market?
Ans. The forecast period for the Sorbitol Market is 2023-2029.

5] What was the market size of the Global Sorbitol Market in 2022?
Ans. The market size of the Sorbitol Market in 2022 was valued at US$ 1.70 Bn.