Sorbitol Market Size & Growth Prospects Till 2020 “The global sorbitol market size was 1.96 million tons in 2015. Rising demand for artificial sweeteners with low-calorie content in food & beverages on account of increasing health awareness is expected to promote industry expansion over the forecast period.�
The Global Sorbitol Market size was 1.96 million tons in 2015. Rising demand for artificial sweeteners with low-calorie content in food & beverages on account of increasing health awareness is expected to promote industry expansion over the forecast period. Growing demand for sorbitol as a functional ingredient in food & beverage, personal care, pharmaceutical, and chemical manufacturing will augment industry growth over the forecast period. The increase of the food & beverage sector in China, India, and Brazil on account of growing number of retail stores and supportive regulations to promote investments will create immense market potential. The growing usage of artificial sweeteners in pharmaceutical applications including chewing tablets and syrups in the U.S., Germany, France and Japan will promote industry size over the forecast period. However, the laxative effect associated with sorbitol is expected to restrain industry growth. Rising consumption of natural sweeteners in the food & beverage industry in light of their low price and easy availability is projected to hamper market growth. Furthermore, increasing market penetration of artificial sweeteners including stevia, aspartame, mannitol and xylitol in applications including beverage, bakery goods, pharmaceuticals, personal care and chemical industries is expected to pose a challenge for industry expansion Product Insights Liquid sorbitol was extensively used and accounted for 82.7% of the global volume in 2015. Growing applications of the product in the formulation of syrups, solvents, and gels on account of its sweetening effect will propel market growth over the forecast period. Moreover, its increasing use as an excipient for pan coatings in the healthcare sector as they exhibit excellent solubilizing property will promote demand.
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