Sorbitol market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 4.8% in the forecast period of 2021 to 2028 and is expected to reach USD 108,582.40 thousand by 2028. The rising demand for low-calorie food is expected to help in the growth of the sorbitol market.
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Sorbitol Market Scope and Market Size
· The sorbitol market is segmented on the basis of the category, form, source, function and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
· On the basis of category, the sorbitol market is segmented into organic and inorganic. In 2021, the inorganic segment is expected to dominate the sorbitol market due to the rise in demand for low-calorie and low-sugar products which also offer various health benefits.
· On the basis of form, the sorbitol market is segmented into crystallized, liquid and powder. In 2021, the powder segment is expected to dominate the sorbitol market due to its easy application in several industries and high demand by manufacturers.
· On the basis of source, the sorbitol market is segmented into corn, wheat, rye and others. In 2021, the corn segment is expected to dominate the sorbitol market due to the rise in demand for cost-effective and starch-rich raw materials to produce sorbitol to fulfill the growing demand in industries.
· On the basis of function, the sorbitol market is segmented into humectant, sweetener, bulking agent, stabilizer, softener and emulsifier and others. In 2021, the humectant segment is anticipated to dominate the sorbitol market due to the rise in demand for an ingredient with a high capacity to retain moisture and helps in enhancing the shelf-life of the products.
· On the basis of application, the sorbitol market is segmented into food and beverages, animal feed, pharmaceuticals, oral care, cosmetics, industrial sector and others. In 2021, the pharmaceutical segment is anticipated to dominate the sorbitol market due to increased demand for sorbitol to prepare tablets, capsules and other pharmaceutical products.
Europe Sorbitol Market Country Level Analysis
· Europe sorbitol market is analyzed and market size information is provided by the country, category, form, source, function and application as referenced above.
· The countries covered in the Europe sorbitol market report are the Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Belgium um, Netherlands, Switzerland, Rest of Europe.
Competitive Landscape and Sorbitol Market Share Analysis
· The sorbitol market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to Europe sorbitol market.
Some of the major players operating in the sorbitol market are:
· A.D.M. (U.S.)
· Cargill Incorporated (U.S.)
· Roquette Freres (France)
· Ingredion Incorporated (U.S.)
· Tereos Starch & Sweeteners (Brazil)
· Ecogreen Oleochemicals Pte Ltd (Singapore)
· Gulshan Polyols Ltd. (India)
· Merck GmbH (Germany)
· S.P.I. Pharma, Inc. (U.K.)
· Sukhjit Starch & Chemicals Ltd. (India)
· Dow (U.S.)
· Dupont Inc. (U.S.)
· Gujrat Ambuja Exports Ltd. (India)
· Jeecon Foods Pvt Ltd. (India
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MAJOR TOC OF THE REPORT
· INTRODUCTION
· MARKET SEGMENTATION
· EXECUTIVE SUMMARY
· PREMIUM INSIGHTS
· MARKET OVERVIEW
· QUESTIONNAIRE
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