Global Sorbitol Market Size Study, by Product (Liquid, Crystal), by Application (Oral Care, Vitamin C, Surfactant), by End-use (Personal Care), and Regional Forecasts 2022-2032

Description

The Global Sorbitol Market is valued at approximately USD 1.77 billion in 2023 and is poised to expand at a compound annual growth rate (CAGR) of 6.7% over the forecast period 2024-2032. The rising demand for sorbitol, primarily driven by its widespread use in personal care and pharmaceutical applications, is expected to fuel market growth. As a sugar alcohol, sorbitol has gained significant traction as a low-calorie sweetener, a humectant in skincare formulations, and a crucial ingredient in oral care products. The growing shift toward natural and sugar-free alternatives, coupled with increasing health consciousness among consumers, has accelerated its adoption across multiple industries.

Furthermore, the pharmaceutical and cosmetic industries have witnessed a surge in sorbitol utilization due to its multifunctional properties. In oral care applications, sorbitol serves as a key component in toothpaste and mouthwashes due to its moisture-retaining capability. Additionally, its role in vitamin C production underscores its importance in the nutraceutical industry. As research continues to highlight its advantages in medical formulations, the demand for sorbitol in drug development and dermatological treatments is projected to rise steadily.

The expanding food and beverage industry is another crucial factor bolstering market growth. Manufacturers are increasingly incorporating sorbitol into sugar-free confectioneries, beverages, and bakery products, capitalizing on the growing consumer preference for healthier alternatives. Moreover, with regulatory agencies emphasizing reduced sugar consumption, the market for sorbitol is anticipated to witness robust expansion. However, challenges such as price volatility in raw materials and concerns regarding excessive consumption leading to gastrointestinal discomfort could pose constraints on market growth.

Regionally, Europe is expected to dominate the sorbitol market in 2023, owing to strong demand from the personal care and pharmaceutical sectors. The presence of key manufacturers, coupled with stringent regulations favoring sugar substitutes, has fueled regional market growth. Meanwhile, Asia Pacific is projected to be the fastest-growing region, driven by rising consumer health awareness, increasing disposable income, and a flourishing food and beverage sector. Countries such as China, India, and Japan are witnessing a surge in production and consumption, with local manufacturers expanding their production capacities to meet escalating demand.

Major Market Players Included in This Report

Cargill, Incorporated
Archer Daniels Midland Company
Roquette Freres
Ingredion Incorporated
Ecogreen Oleochemicals
Gulshan Polyols Ltd
SPI Pharma
Merck KGaA
Mitsubishi Shoji Foodtech Co., Ltd
DKS Co. Ltd
Shandong Tianli Pharmaceutical Co., Ltd
PT Sorini Agro Asia Corporindo Tbk
Sigma-Aldrich Corporation
American International Foods Inc.
Kasyap Sweeteners Ltd

The Detailed Segments and Sub-Segment of the Market are Explained Below

By Product:

Liquid
Crystal

By Application:

Oral Care
Vitamin C
Surfactant

By End-use:

Personal Care

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of the Middle East & Africa

Key Takeaways:

Market estimates and forecasts for 10 years (2022-2032).
Annualized revenue projections and regional-level analysis for each market segment.
Detailed examination of the geographical landscape with country-level analysis of key regions.
Competitive landscape featuring major market players and their strategic developments.
Insights into key business strategies and recommendations for future market approaches.
Analysis of market dynamics, including demand-side and supply-side trends.

Chapter 1. Global Sorbitol Market Executive Summary

1.1. Global Sorbitol Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Product
- 1.3.2. By Application
- 1.3.3. By End-use
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Sorbitol Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Sorbitol Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing demand in personal care and pharmaceutical applications
- 3.1.2. Growing shift toward natural and sugar-free alternatives
- 3.1.3. Rising health consciousness among consumers
3.2. Market Challenges
- 3.2.1. Price volatility in raw materials
- 3.2.2. Concerns regarding excessive consumption leading to gastrointestinal discomfort
3.3. Market Opportunities
- 3.3.1. Expansion in the food and beverage industry
- 3.3.2. Regulatory emphasis on reduced sugar consumption
- 3.3.3. Growing production capacities in emerging economies

Chapter 4. Global Sorbitol Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunity
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Sorbitol Market Size & Forecasts by Product 2022-2032

5.1. Segment Dashboard
5.2. Global Sorbitol Market: Product Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Liquid
- 5.2.2. Crystal

Chapter 6. Global Sorbitol Market Size & Forecasts by Application 2022-2032

6.1. Segment Dashboard
6.2. Global Sorbitol Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Oral Care
- 6.2.2. Vitamin C
- 6.2.3. Surfactant

Chapter 7. Global Sorbitol Market Size & Forecasts by End-use 2022-2032

7.1. Segment Dashboard
7.2. Global Sorbitol Market: End-use Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Personal Care

Chapter 8. Global Sorbitol Market Size & Forecasts by Region 2022-2032

8.1. North America Sorbitol Market
- 8.1.1. U.S. Sorbitol Market
  - 8.1.1.1. Product breakdown size & forecasts, 2022-2032
  - 8.1.1.2. Application breakdown size & forecasts, 2022-2032
- 8.1.2. Canada Sorbitol Market
8.2. Europe Sorbitol Market
- 8.2.1. U.K. Sorbitol Market
- 8.2.2. Germany Sorbitol Market
- 8.2.3. France Sorbitol Market
- 8.2.4. Spain Sorbitol Market
- 8.2.5. Italy Sorbitol Market
- 8.2.6. Rest of Europe Sorbitol Market
8.3. Asia-Pacific Sorbitol Market
- 8.3.1. China Sorbitol Market
- 8.3.2. India Sorbitol Market
- 8.3.3. Japan Sorbitol Market
- 8.3.4. Australia Sorbitol Market
- 8.3.5. South Korea Sorbitol Market
- 8.3.6. Rest of Asia-Pacific Sorbitol Market
8.4. Latin America Sorbitol Market
- 8.4.1. Brazil Sorbitol Market
- 8.4.2. Mexico Sorbitol Market
- 8.4.3. Rest of Latin America Sorbitol Market
8.5. Middle East & Africa Sorbitol Market
- 8.5.1. Saudi Arabia Sorbitol Market
- 8.5.2. South Africa Sorbitol Market
- 8.5.3. Rest of Middle East & Africa Sorbitol Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Cargill, Incorporated
- 9.1.2. Archer Daniels Midland Company
- 9.1.3. Roquette Freres
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Cargill, Incorporated
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Market Strategies
- 9.3.2. Archer Daniels Midland Company
- 9.3.3. Roquette Freres
- 9.3.4. Ingredion Incorporated
- 9.3.5. Ecogreen Oleochemicals
- 9.3.6. Gulshan Polyols Ltd
- 9.3.7. SPI Pharma
- 9.3.8. Merck KGaA
- 9.3.9. Mitsubishi Shoji Foodtech Co., Ltd
- 9.3.10. DKS Co. Ltd
- 9.3.11. Shandong Tianli Pharmaceutical Co., Ltd
- 9.3.12. PT Sorini Agro Asia Corporindo Tbk
- 9.3.13. Sigma-Aldrich Corporation
- 9.3.14. American International Foods Inc.
- 9.3.15. Kasyap Sweeteners Ltd