Sorbitol Market to Reach $1,928.3 Million by 2026 | Exhibition of a…

Sorbitol Market to Reach $1,928.3 Million by 2026 | Exhibition of a…

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PUNE, India, January 23, 2023 (GLOBE NEWSWIRE) — The global sorbitol market should benefit from rising demand for digestive and low-calorie products. The global sorbitol industry was valued at US$1,244.5 million in 2018. It is expected to reach USD 1,928.3 million by the end of 2026, at a CAGR of 5.54% over the forecast period (2019-2026).

Applications in the gelatin capsule and cosmetics industries to fuel the growth of the liquid/syrup sorbitol segment

The report classifies the global sorbitol market by type, application, and geography. In terms of type, the market is further segmented into powder/crystal and liquid/syrup formulations. Of these, the liquid/syrup formulation of sorbitol is currently leading the world market. Sorbitol is marketed commercially as a 70% solution containing polyhydric alcohol colorless to slightly yellow in appearance.

The liquid formulation remains inert to humidity fluctuations. In addition, it is a good water stabilizer and humectant, which allows its application in cosmetic emulsions and the gelatin capsule industry. The aqueous solution serves as a suitable substitute as it replicates several properties of glycerin and glycols.

Get a sample copy of the research report:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/sorbitol-market-100206

Companies Covered in Sorbitol Market Report are:

  • Archer Daniels Midland Company
  • Lonza Inc.
  • cargill
  • Tate & Lyle
  • Ingredion Incorporated
  • Merck KGaA
  • Tereos Starch & Sweeteners sas
  • SPI Pharma
  • Roquette Freres
  • Pfizer Inc.

Scope and segmentation of the report:

report coverage details
forecast period 2019-2026
Forecast CAGR 5.54%
Value prognosis 2026 $1,928.3 million
base year 2018
sorbitol market greatness in 2021 $2.95 billion
Historical data 2015-2017
number of pages 135
Covered Segments By type, application, geography
sorbitol market growth accelerator Rapid growth of the cosmetics and personal care industry favors growth in Asia Pacific

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