2018-2023 Global Sorbitol Consumption Market Report
In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Sorbitol market for 2018-2023.
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.
Over the next five years, LPI(LP Information) projects that Sorbitol will register a 3.0% CAGR in terms of revenue, reach US$ 2710 million by 2023, from US$ 2260 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Sorbitol market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Segmentation by application:
Food and Beverage
This report also splits the market by region:
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
PT Sorini Agro Asia Corporindo Tbk
B Food Science
Ueno Fine Chemicals
Mitsubishi Shoji Foodtech
Global Sweeteners Holding
Shandong Tianli Pharmaceutical
PT AKR Corporindo
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Sorbitol consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Sorbitol market by identifying its various subsegments.
Focuses on the key global Sorbitol manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Sorbitol with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Sorbitol submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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