The global sorbitol market is anticipated to experience substantial growth driven by rising demand for digestive and low-calorie products. According to the report “Sorbitol: Global Market Analysis, Insights, and Forecast, 2019-2032” by Fortune Business Insights, the market was valued at USD 1,244.5 million in 2018 and is projected to reach USD 2,527.22 million by 2032. This growth represents a compound annual growth rate (CAGR) of 5.11% from 2019 to 2032.

Get Sample PDF Brochure:

Uses in the Cosmetic and Gelatin Capsule Industries to Accelerate the Growth of the Liquid/Syrupy Sorbitol Market

The report segments the global sorbitol market by region, type, and application. It further classifies the market by type into liquid/syrupy and powder/crystal formulations. Currently, the liquid/syrupy formulation holds the largest market share. Commercial sorbitol is typically sold as a 70% solution, a colorless to slightly yellowish polyhydric alcohol. This liquid formulation is stable despite humidity variations and is valued for its role as a humectant and water stabilizer. It is particularly useful in industries such as gelatin capsules and cosmetic emulsions. Its aqueous solution can also mimic some properties of glycols and glycerol, making it a viable alternative in various applications.

Asia Pacific Growth to Be Favored by the Cosmetic and Personal Care Industry’s Rapid Growth

The global sorbitol market is geographically segmented into the Middle East and Africa, Europe, North America, Latin America, and Asia Pacific. Among these regions, Asia Pacific leads the market. China, a major producer of vitamin C, has seen an increase in sorbitol demand, while Indonesia, the second-largest producer of sorbitol and starch sweeteners, also contributes to the region’s growth. The significant expansion of the personal care and cosmetics industries in Asia Pacific is expected to further boost sorbitol market revenue in the region.

Sorbitol serves as both a humectant and an emulsion stabilizer, making it a strong competitor to glycerin and propylene glycol in the cosmetics industry. Its unique properties are especially valuable in the production of shampoos, creams, hair conditioners, and lotions. In North America, the United States leads the sorbitol market, driven by high demand for its use in non-food applications, including dental care products like toothpaste and an increasing use in sugar-free chewing gums. As a result, sorbitol market sales are rising in North America.

Ask for Customization:

To strengthen their positions, Lupin, Sunar Misir, and Other Important Players concentrate on strategic collaboration and expansion programs.

In May 2019, Lupin, a global pharmaceutical company based in Mumbai, announced a definitive distribution agreement with Aptissen S.A., a Swiss firm specializing in biopolymer-based medical devices. This agreement grants Lupin exclusive rights to distribute, market, and sell Aptissen S.A.’s products in Canada, including Synolis VA, an injectable hyaluronic acid gel designed to provide rapid relief from osteoarthritis pain. According to Statistics Canada, over 10% of Canadians aged 15 and older suffer from osteoarthritis.

In September 2018, Sunar Misir, a Turkish company known for supplying raw materials such as glucose, natural starches, glucose-fructose varieties, corn gluten meal, and dextrins, announced plans to expand its sorbitol and maltitol production capacity. By the end of 2019, Sunar Misir aimed to increase its production capacity to 100,000 tons at its Adana facility.

Fortune Business Insights highlights several key players in the global sorbitol market, including major industry participants such as Archer Daniels Midland Company, Lonza Inc., Tate & Lyle, Cargill Incorporated, Ingredion Incorporated, Merck KGaA, Tereos Starch & Sweeteners s.a.s., SPI Pharma, Roquette Frères, and Pfizer Inc.

Inquire Before Buying This Report:

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

Address:

Fortune Business Insights Pvt. Ltd.

9th Floor, Icon Tower, Baner –

Mahalunge Road, Baner, Pune-411045,

Maharashtra, India.

Phone:

US: +1 424 253 0390

UK: +44 2071 939123

APAC: +91 744 740 1245

Information contained on this page is provided by an independent third-party content provider. XPRMedia and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact pressreleases@xpr.media