Indian Sorbitol Market: Share, Size, Price Trends And Forecast Research Report 2017-2022

Indian Sorbitol Market Expected to Reach 185 Metric Tons By 2022

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Report Description and Highlights

Report Description

Indian Sorbitol Market Expected to Reach 185 Metric Tons By 2022 Currently witnessing a stable growth, the Indian sorbitol market is flourishing owing to the diverse applications of sorbitol. It also represents one of the most widely used sweeteners in the food and non-food products due to its stabilizing and texturizing properties.

The latest report by IMARC Group titled, “Indian Sorbitol Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022�, finds that the Indian sorbitol market reached a volume of 161 Thousand Metric Tons in 2016, representing a CAGR of 3.4% during 2009-2016. A type of carbohydrate, sorbitol is widely used as an alternative to sugar as it has a lower caloric value. It is present in fruits such as apples, pears, peaches, apricots, prunes, raisins, etc.; and can also be chemically extracted from glucose. Sorbitol is a highly viscous and non-volatile substance and is available in both crystalline and liquid forms. Being a low-calorie sweetener, it is ideal for healthconscious consumers and diabetic patients who look forward to minimise their sugar intake. Unlike sugar, it also has no harmful effects on oral health and does not contribute to tooth decay. Owing to these properties, sorbitol is extensively used in sugar-free culinary preparations like cake, candy, chewing gums and desserts, and is also found in non-food items like toothpaste and mouth-wash.

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Report Description and Highlights

Report Description

Highlights of the Indian sorbitol market: • • •

The surging demand for sorbitol across various industries is the biggest factor that is driving the market.

Madhya Pradesh is the leading producer of sorbitol in the India.

The pharmaceutical industry is the largest application segment of sorbitol.

The Indian sorbitol market is driven by its diverse applications. It is one of the basic ingredient in various industries and is used to manufacture products like vitamin C, toothpaste, confectionery items, cosmetics, toiletries and industrial surfactants. The advancement and progress of the pharmaceutical industry is expected to be significant for the sorbitol market in the future.

Additionally, an increase in disposable incomes is facilitating the growth of the food and confectionery market which is a rapidly growing end-use segment of sorbitol. This will eventually lead to a substantial rise in its demand. Another factor driving the market is the abundance of corn availability in India, which is the primary raw material for manufacturing sorbitol. According to the report, the production of the sorbitol in India is expected to reach a volume of 185 Thousand Metric Tons by 2022.

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Report Description and Highlights

Report Description

On the basis of type, the market has been segmented into crystal and liquid sorbitol. Currently, the production of liquid sorbitol is higher than crystal sorbitol. The market is also segmented on the basis of key applications with the pharmaceuticals industry being the largest end-use segment. The other major segments include cosmetics and toiletries, toothpaste, food and confectioneries, and industrial surfactants. Region-wise, Madhya Pradesh represents the biggest producer of sorbitol followed by Gujrat, Andhra Pradesh and Punjab. On analysing the competitive landscape of the report, Kasyap Sweetners, Gulshan Polyols, Gayatri Bioorganics and Sukhjit Starch & Chemicals emerge as the key players.

The report by IMARC group has examined the Indian sorbitol market on the basis of: Application:

• • • • • •

Pharmaceuticals Cosmetics and Toiletries Toothpaste Food and Confectioneries Industrial Surfactants Others

Report Description and Highlights Report Description Type: • •

Liquid Sorbitol Crystal Sorbitol

Region: • • • •

Madhya Pradesh Gujrat Andhra Pradesh Punjab

Key players:

• • • •

Kasyap Sweetners Gulshan Polyols Gayatri Bio-organics Sukhjit Starch & Chemicals Ltd.

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Report Description and Highlights

Report Description

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