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The study segments Sorbitol industry in light of major classification such as product type, potential markets, application, and end-user.
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Sorbitol Market To Reach USD 2.18 Billion By 2027
Market Summary Growing inclination towards organic personal care products is one of the significant factors influencing market growth. Market Size – USD 1.31 billion in 2018, Market Growth - CAGR of 5.7%, Market Trends – Growing health issues owing to sugar consumption The global sorbitol market is expected to reach USD 2.18 Billion by 2027, according to a new report by Reports and Data. Growing inclination towards organic cosmetic products is likely to drive market growth. Sorbitol is used as a humectant as well as a thickening agent, among others, in cosmetics. As a humectant, sorbitol checks loss of moisture by drawing water from the air through osmosis, thus maintaining the moisture level of both the skin and the hair. Moreover, it finds frequent use in gel products, owing to its ability to retain moisture. As a thickening agent, it sees widespread application in the cosmetics, owing to their ability to impart preferred utility features such as viscosity, consistency, or adhesion, to the products.
Our Approach Our Approach Market Summary Further key findings from the report suggest • By industry vertical, the food & beverage industry dominated the market in 2018 and is forecasted to experience a growth rate of 5.4% in the period 2019-2027. Sorbitol finds extensive application in the food & beverage industry as a sweetener, humectant, and bulking agent, among others. • By application, sweeter held the largest market share in 2018 and is projected to grow at a rate of 5.1% in the forecast period. • The market in North America region accounted for the second-largest market share in 2018 and is estimated to grow at a rate of 5.0% in the forecast period. The demand for sorbitol in North America is attributed to the growing awareness about the dietary supplements as well as their nutritional advantages amongst the consumer in the region. • By product type, liquid sorbitol contributed to a larger market share in 2018 and is likely to grow at a rate of 6.1% in the forecast period. The high market demand for liquid sorbitol is owing to its increasing demand as sweetener in the food & beverage and pharmaceutical industry. Besides, economical production cost and ease of use of this product type are responsible for its high market share. Requestfor a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/2457
Our Approach Our Approach Market Summary Key participants America International Foods Inc., Archer Daniels Midland, Cargill Inc., DuPont, Merck KGaA, SPI Pharma, Roquette Frères, Tereos Starch & Sweeteners, Ecogreen Oleochemicals Pte. Ltd., and Gulshan Polyols Ltd., amongothers. For the purpose of this report, Reports and Data have segmented the global sorbitol market on the basis of product type, application, industry vertical, and region: Product Type Outlook (Volume, Kilo Tons; 2016-2027and Revenue,USD Million; 2016-2027) • Liquid Sorbitol • Powder Sorbitol Application Outlook (Volume,Kilo Tons; 2016-2027and Revenue,USD Million; 2016-2027) • Sweetener • Flavoring Agent • Bulking Agent • Humectant • Others
Our Approach Our Approach Market Summary Industry Vertical Outlook (Volume,Kilo Tons; 2016-2027and Revenue,USD Million; 2016-2027) • Food & Beverage • Cosmetics & Personal Care • Pharmaceuticals • Others RegionalOutlook (Volume,Kilo Tons; 2016-2027and Revenue,USD Million; 2016-2027) • North America • Europe • Asia Pacific • Latin America • MEA Order Now: https://www.reportsanddata.com/checkout-form/2457
About Us Our Approach Our Approach About Us About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com