Sorbitol Market To Be Worth USD 2.18 Billion By 2027. Company strategies and Financials of Archer Daniels Midland (ADM (NYSE)), DuPont (DD (NYSE)), Merck KGaA (MRK (ETR)) & Others - Seite 2

To identify the key trends in the industry, click on the link below: 
https://www.reportsanddata.com/report-detail/sorbitol-market

Further key findings from the report suggest

• By product type, the liquid sorbitol segment contributed to a larger share in 2019 and is expected to grow at a rate of 6.1% during the forecast period. The high market demand for liquid sorbitol is due to its increasing demand as a sweetener in the food & beverage and pharmaceutical industries. Besides, the economical manufacturing cost and ease-of-use of this product type are responsible for its high sectoral share.
• By application, direct application held the largest market share in 2019 and is projected to grow at a 5.1% rate during the forecast period.
• By end-use, the food & beverage industry dominated the industry in 2019 and is forecast to experience a growth rate of 5.4% in the period. Sorbitol also finds great application in the food & beverage industry as a sweetener, humectant, and bulking agent, among others.
• The North American region accounted for the second-largest market share in 2019 and is projected 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 dietary supplements and their nutritional advantages among the consumer base in the region.
• Key participants include America International Foods Inc., Archer Daniels Midland, DuPont, Cargill Inc., Merck KGaA, SPI Pharma, Roquette Frères, Tereos Starch & Sweeteners, Ecogreen Oleochemicals Pte. Ltd., and Gulshan Polyols Ltd., among others.

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For the report, Reports and Data has segmented the Sorbitol Market based on product, function, application, end-use, and region as follows:

Product Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)

• Liquid/ Syrup
• Powder/ Crystal

Function Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)

• Sweetener
• Bulking Agent
• Flavouring Agent
• Humectant
• Others

Application Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)

• Direct Application
• Indirect Application

End-Use Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)

• Personal care
• Oral Care
• Toothpastes
• Chewing Gums
• Mouth Fresheners
• Skin Care
• Hair Care
• Colour Cosmetics
• Others
• Chemical
• Surfactants
• Ascorbic Acid (Vitamin C)
• Polyether
• Others
• Food & Beverages
• Bakery Products
• Breads
• Cakes
• Biscuits & Cookies
• Confectionery Products
• Jams & Preserves
• Chocolates
• Processed Food
• Dairy & Frozen Dessert
• Diabetic & Dietetic Food
• Beverages
• Diet Soda
• Fruit Juices & Syrups
• Others
• Pharmaceutical
• Counter Medicine
• Syrups
• Tablets
• Direct Compression
• Wet and Dry Granulation
• Capsules and Sachets
• Creams and Emulsions
• Medicated Confectionery
• Hard Boiled Candies/Lozenges
• Medicated Chewing Gums
• Others

Regional Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)