GITNUX MARKETDATA REPORT 2024

Sorbitol Industry Statistics

The global sorbitol industry is expected to experience steady growth due to increasing demand in various applications such as food and beverage, pharmaceuticals, and personal care products.

With sources from: grandviewresearch.com, nutraceuticalsworld.com, persistencemarketresearch.com, marketsandmarkets.com and many more

Statistic 1

In 2020, the global sorbitol market size was valued at USD 1.37 billion.

Statistic 2

The Sorbitol industry is projected to register a CAGR of 5.7% during the forecast period (2021-2026).

Statistic 3

China is currently the largest producer and consumer of sorbitol globally.

Statistic 4

By the end of 2023, global sorbitol production is expected to reach 3 million metric ton.

Statistic 5

Sorbitol liquid holds the major share above 80% in the overall market in 2021.

Statistic 6

Cosmetics and personal care sectors are among the leading consumers of sorbitol, accounting for around 32% of global demand.

Statistic 7

The largest end user for sorbitol is the Food and Beverage industry, accounting for 45.4% of the global revenue in 2021.

Statistic 8

Sorbitol in pharmaceutical applications is expected to register a CAGR of 5.2% from 2022 to 2028.

Statistic 9

In 2020, North America accounted for 24.7% of global sorbitol consumption.

Statistic 10

In Europe, Germany is one of the largest consumers of Sorbitol.

Statistic 11

The Asia Pacific region is expected to grow at the fastest rate in the sorbitol market, with a projected CAGR of 6.3% from 2022 to 2028.

Statistic 12

Agricultural applications of Sorbitol are expected to grow at the fastest rate during 2022-2028.

Statistic 13

In 2015, liquid sorbitol held the majority of the global market share accounting for 83.1% of total volume.

Statistic 14

Sorbitol manufacturers are proving to be resilient in the face of global economic slowdown, with an estimated 4.3% increase in sales in 2021.

Statistic 15

Over 60% of global sorbitol production is concentrated in Asian countries.

Statistic 16

Australia and New Zealand have the highest consumption per capita of sorbitol in food and beverage products.

Statistic 17

The top three countries in terms of Sorbitol consumption are China, USA and India.

Statistic 18

Liquid sorbitol is forecasted to reach $1.45 billion by 2026 in terms of value.

Statistic 19

Leading companies operating in the Sorbitol market include Roquette Frères, Cargill Inc, Ingredion Incorporated, and Archer Daniels Midland.

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In this post, we will explore key statistics and projections shaping the global sorbitol industry. From market size to regional consumption trends, we will analyze the data that underpins the dynamic landscape of sorbitol production and utilization. Stay tuned for a data-driven insight into this thriving sector.

Statistic 1

"In 2020, the global sorbitol market size was valued at USD 1.37 billion."

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Statistic 2

"The Sorbitol industry is projected to register a CAGR of 5.7% during the forecast period (2021-2026)."

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Statistic 3

"China is currently the largest producer and consumer of sorbitol globally."

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Statistic 4

"By the end of 2023, global sorbitol production is expected to reach 3 million metric ton."

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Statistic 5

"Sorbitol liquid holds the major share above 80% in the overall market in 2021."

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Statistic 6

"Cosmetics and personal care sectors are among the leading consumers of sorbitol, accounting for around 32% of global demand."

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Statistic 7

"The largest end user for sorbitol is the Food and Beverage industry, accounting for 45.4% of the global revenue in 2021."

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Statistic 8

"Sorbitol in pharmaceutical applications is expected to register a CAGR of 5.2% from 2022 to 2028."

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Statistic 9

"In 2020, North America accounted for 24.7% of global sorbitol consumption."

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Statistic 10

"In Europe, Germany is one of the largest consumers of Sorbitol."

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Statistic 11

"The Asia Pacific region is expected to grow at the fastest rate in the sorbitol market, with a projected CAGR of 6.3% from 2022 to 2028."

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Statistic 12

"Agricultural applications of Sorbitol are expected to grow at the fastest rate during 2022-2028."

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Statistic 13

"In 2015, liquid sorbitol held the majority of the global market share accounting for 83.1% of total volume."

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Statistic 14

"Sorbitol manufacturers are proving to be resilient in the face of global economic slowdown, with an estimated 4.3% increase in sales in 2021."

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Statistic 15

"Over 60% of global sorbitol production is concentrated in Asian countries."

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Statistic 16

"Australia and New Zealand have the highest consumption per capita of sorbitol in food and beverage products."

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Statistic 17

"The top three countries in terms of Sorbitol consumption are China, USA and India."

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Statistic 18

"Liquid sorbitol is forecasted to reach $1.45 billion by 2026 in terms of value."

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Statistic 19

"Leading companies operating in the Sorbitol market include Roquette Frères, Cargill Inc, Ingredion Incorporated, and Archer Daniels Midland."

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Interpretation

The global sorbitol market is witnessing significant growth, with key trends indicating a positive outlook for the industry. With China leading as both the largest producer and consumer of sorbitol, the market is projected to expand steadily, driven by key sectors such as cosmetics, personal care, food and beverage, and pharmaceuticals. Asia Pacific is anticipated to be the fastest-growing region, while agricultural applications are expected to see a notable increase in demand. The resilience of sorbitol manufacturers despite economic challenges, coupled with the dominance of liquid sorbitol in the market, point towards a promising future for the industry. With leading companies such as Roquette Frères, Cargill Inc, Ingredion Incorporated, and Archer Daniels Midland driving innovation, the sorbitol market is poised for continued growth and value expansion.

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