Product ID: SQMIG35I2112
Global Sorbitol Market Size, Share, Growth Analysis, By Product(Liquid and Crystal), By Application(Oral Care, Vitamin C), By End User(Personal Care, Chemical) - Industry Forecast 2024-2031
Report ID:
SQMIG35I2112 |
Region:
Global |
Published Date: April, 2024
Pages:
219
|
Tables:
91 |
Figures:
77
Global Sorbitol Market Regional Insights
The Sorbitol Market in Asia-Pacific is anticipated to grow at the fastest CAGR during 2022 to 2030. This is as a consequence of its quick growth over the expected time range. This is a result of China's high intake of sorbitol, a substance used to produce vitamin C. A sizable customer base for cosmetics based with organic and natural components can be found on the Indonesian sorbitol market. Furthermore, the Asia-Pacific region's sorbitol market in China had the largest market share while the market in India grew at the fastest rate.
Increased awareness among North American consumers of the harmful health effects resulting from the deterioration of packaged foods such frozen desserts, chocolates, and bread rolls is anticipated to encourage the use of sorbitol, which extends the shelf life of these commodities. Both the natural and artificial sweetener markets in the United States are now considered to be saturated, which results in a sluggish rate of growth. Mexico has a significant market for items containing natural and artificial sweeteners. The percentage of fat people in the nation is high. The Mexico government's decision to raise the levy on sweetener beverages by 10% demonstrates how serious it is dedicated to lowering sugar consumption. Government measures to raise public awareness of the negative consequences of obesity had a negative impact on sugar consumption during the review period. These elements are to blame for the market for food sweetener in the country becoming so highly competitive.
Global Sorbitol Market Report Snapshots
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