Sorbitol Market is expected to grow at CAGR of 5.50% by 2030 according to a new research report

The Sorbitol market has witnessed significant growth as it reached 550 thousand tonnes in 2020 and is anticipated to achieve an impressive CAGR of 5.50% during the forecast period until 2030.
 
NEW HARTFORD, N.Y. - April 8, 2022 - PRLog -- According to ChemAnalyst report, "Sorbitol Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030", The Sorbitol market has witnessed significant growth as it reached 550 thousand tonnes in 2020 and is anticipated to achieve an impressive CAGR of 5.50% during the forecast period until 2030. Continuously growing demand for diabetic and diet foods as it is widely used as a reduced-calorie alternative to sugar by the major end-use industry i.e., food and beverages are likely to boost the market around the world within the next ten years. The production of Sorbitol is highly associated with the safety standards on human health before it can be introduced in the market, which further enhances the standard compliance.

Sorbitol also known as D-Sorbitol, or D-glucitol is a form of carbohydrate that falls under the category of sugar alcohols called polyols. Sorbitol is generally produced via a glucose reduction reaction in which the aldehyde group is converted into a hydroxyl group in the presence of a catalyst called aldose reductase. Sorbitol is extensively utilized as a sweetener, humectant, additive, texturizer, stabilizer, and a bulking agent in pharmaceutical, food, cosmetics, paper, leather, and other industries. It is also used as a feedstock for various chemicals including vitamin C, surfactants, resins, etc. According to the U.S. Food and Drug Administration (FDA), European Union, and World Health Organization (WHO), the consumption of Sorbitol is reviewed and recognized as safe, as well as potentially support digestive and oral health.

Global Sorbitol Market is segmented on the basis of type, application, sales channel, and region. Based on type, there are two types of Sorbitol available in the market including liquid and powder. The powder/crystalline form of Sorbitol is primarily used in specialty foods, sweets, frozen fish and meat products, and pharmaceuticals. Whereas the liquid form of Sorbitol finds its applications in Pharmaceuticals and cosmetic emulsions. The liquid segment dominates the Sorbitol market across the globe due to its high demand for numerous applications.

Read Full Report Here: https://www.chemanalyst.com/industry-report/sorbitol-market-647

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