The global Sorbitol market was valued at 228.62 Million USD in 2021 and will grow with a CAGR of 3.04% from 2021 to 2027, based on newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Sorbitol is is a sugar alcohol with a sweet taste which the human body metabolizes slowly. It can be obtained by reduction of glucose, which changes the aldehyde group to a hydroxyl group. Most sorbitol is made from corn syrup, but it is also found in nature, for example in apples, pears, peaches, and prunes. It is converted to fructose by sorbitol-6-phosphate 2-dehydrogenase. Sorbitol is an isomer of mannitol, another sugar alcohol; the two differ only in the orientation of the hydroxyl group on carbon 2. While similar, the two sugar alcohols have very different sources in nature, melting points, and uses.So far, so many players entered into the Sorbitol industry for the high technology obstacles. Roquette is the largest supplier for Sorbitol, which takes up more than 12.75% in production. Roquette will reinforce its position as world leader in Sorbitol. For other suppliers, Chinese corporation PT AKR Corporindo occupies the largest market share in China. Sorbitol is famous for the Toothpaste, Vitamin C, Food and Beverage, Chemical, Pharma industry. For the strong development of Toothpaste industry, demand of Sorbitol will be strong as well. For another, because of the low concentration of Sorbitol industry, China has been the main export region. As is investigated, demand growth rate of Sorbitol will be 3.23% in the following years. The technology for Sorbitol is relatively mature. However, Sorbitol manufacturing is high energy-consumption. As a result, decrease of the pollution will be the technology research hotspot.
By Market Verdors:
PT Sorini Agro Asia Corporindo Tbk
B Food Science
Ueno Fine Chemicals
Mitsubishi Shoji Foodtech
Global Sweeteners Holding
Shandong Tianli Pharmaceutical
PT AKR Corporindo
Food and Beverage
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
Besides the standard structure reports, we also provide custom research according to specific requirements