North America Sorbitol Market Growth, Trends, Size, Revenue, Challenges and Future Outlook
North America Sorbitol Market Size- By Category, By Form, By Source, By Function, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
| Published: Feb-2023 | Report ID: FOOD2313 | Pages: 1 - 152 | Formats*: |
| Category : Food & Beverages | |||
North America Sorbitol Market Overview
According to SPER Market Research, the North America Sorbitol Market is estimated to reach USD 0.91 billion by 2032 with a CAGR of 6.84%.
The North America Sorbitol Market refers to the market for sorbitol, a sugar alcohol used as a sweetener and a humectant, in North America. Sorbitol is a low-calorie sweetener that is used in a variety of food and beverage products, such as sugar-free gum, candy, and diet beverages. It is also used in personal care and pharmaceutical products as a moisturizer and as an excipient in medications. The North America Sorbitol Market is driven by increasing demand for low-calorie sweeteners due to rising health concerns and growing awareness of the negative health impacts of high sugar consumption. Sorbitol is a suitable alternative for people with diabetes or those who are trying to reduce their sugar intake. The market is also driven by the growing demand for personal care and pharmaceutical products that contain sorbitol, such as toothpaste, mouthwash, and cough syrup.
The market is highly competitive, with major players such as Roquette Freres, Cargill, Ingredion, and etc operating in the region. The market is expected to grow in the coming years due to the increasing demand for low-calorie sweeteners and the growing use of sorbitol in personal care and pharmaceutical products. However, factors such as stringent regulations and the availability of alternative sweeteners, such as stevia and aspartame, may limit the growth of the market. Overall, the North America Sorbitol Market is expected to continue to grow, driven by increasing demand for low-calorie sweeteners and the expanding applications of sorbitol in various industries.
Impact of COVID-19 on the North America Sorbitol Market
The COVID-19 pandemic has had a mixed impact on the North America Sorbitol Market. While the demand for sorbitol in certain end-use industries has increased due to changing consumer preferences, the market has also been impacted by disruptions in supply chains and production processes. On the positive side, the pandemic has led to an increased demand for food and beverage products that contain low-calorie sweeteners, such as sorbitol, due to concerns about maintaining good health during the pandemic. As a result, the demand for sorbitol in the food and beverage industry has increased. Additionally, the use of sorbitol in personal care products such as toothpaste and mouthwash has also increased as people are focusing more on personal hygiene and wellness during the pandemic.
However, the pandemic has also resulted in significant disruptions in supply chains, leading to raw material shortages and production delays. This has led to a rise in the cost of production and a shortage of supply of sorbitol. The travel restrictions and social distancing measures implemented by governments to contain the spread of the virus have also affected the distribution of sorbitol products, leading to a decline in sales.
Overall, the impact of COVID-19 on the North America Sorbitol Market has been mixed. While the demand for sorbitol in certain end-use industries has increased, the market has also faced significant disruptions due to supply chain disruptions and production delays. However, the market is expected to recover as the world adapts to the "new normal" and the pandemic subsides.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Category, By Form, By Source, By Function, By Application |
| Regions covered | United States, Canada, Mexico |
| Companies Covered | Alsiano, Cargill Incorporated, Foodchem International Corporation, Ingredion., Life Sciences Limited, PT. Ecogreen Oleochemicals, Qinhuangdao Lihua Starch Co. Ltd., Roquette Frères ADM, StartingLine S.p.A., The Sukhjit Starch & Chemicals Ltd., Tokyo Chemical Industry Co. Ltd., Zhucheng Dongxiao Biological Technology Co. Ltd |
Target Audience:-
- Food and beverage manufacturers
- Pharmaceutical companies
- Cosmetic and personal care companies
- Health-conscious consumers
- Sustainability-conscious consumers
North America Sorbitol Market Segmentation:
1. By Category:
- Inorganic
- Organic
2. By Form:
- Crystallized
- Liquid
- Powder
3. By Source:
- Corn
- Rye
- Wheat
- Other
4. By Function:
- Bulking Agent
- Emulsifier
- Humectant
- Softener
- Stabilizer
- Sweetener
- Others
5. By Application:
- Animal Feed
- Cosmetics
- Food and Beverages
- Industrial Sector
- Pharmaceuticals Oral Care
- Others
6. By Region:
- United States
- Canada
- Mexico
Key Topics Covered in the Report:
- Size of North America Sorbitol Market (FY’2019-FY’2032)
- Overview of North America Sorbitol Market
- Segmentation of North America Sorbitol Market By Category (Inorganic, Organic)
- Segmentation of North America Sorbitol Market By Form (Crystallized, Liquid, Powder)
- Segmentation of North America Sorbitol Market By Source (Corn, Rye, Wheat, Others)
- Segmentation of North America Sorbitol Market By Function (Bulking Agent, Emulsifier, Humectant, Softener, Stabilizer, Sweetener, Others)
- Segmentation of North America Sorbitol Market By Application (Animal Feed, Cosmetics, Food and Beverages, Industrial Sector, Pharmaceutical Oral Care, Others)
- Statistical Snap of North America Sorbitol Market
- Growth Analysis of North America Sorbitol Market
- Problems and Challenges in North America Sorbitol Market
- Competitive Landscape in the North America Sorbitol Market
- Impact of COVID-19 and Demonetization on North America Sorbitol Market
- Details on Recent Investment in North America Sorbitol Market
- Competitive Analysis of North America Sorbitol Market
- Major Players in the North America Sorbitol Market
- SWOT Analysis of North America Sorbitol Market
- North America Sorbitol Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data2.1.2 Primary data2.1.3 SPER’s internal database2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers4.1.2 Restraints4.1.3 Opportunities4.1.4 Challenges
4.2. COVID-19 Impacts of the North America Sorbitol Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths5.1.2 Weaknesses5.1.3 Opportunities5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape5.2.2 Economic landscape5.2.3 Social landscape5.2.4 Technological landscape5.2.5 Environmental landscape5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers5.3.2 Bargaining power of Buyers5.3.3 Threat of Substitute5.3.4 Threat of new entrant5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 North America Sorbitol Market Manufacturing Base Distribution, Sales Area, Product Type6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in North America Sorbitol Market
7. North America Sorbitol Market, By Category, 2019-2032 (USD Million)
7.1 Inorganic7.2 Organic
8. North America Sorbitol Market, By Form, 2019-2032(USD Million)
8.1 Crystallized8.2 Liquid8.3 Powder
9. North America Sorbitol Market, By Source, 2019-2032(USD Million)
9.1 Corn9.2 Rye9.3 Wheat9.4 Others
10. North America Sorbitol Market, By Function, 2019-2032(USD Million)
10.1 Bulking Agent10.2 Emulsifier10.3 Humectant10.4 Softener10.5 Stabilizer10.6 Sweetener10.7 Others
11. North America Sorbitol Market, By Application, 2019-2032(USD Million)
11.1 Animal Feed11.2 Cosmetics11.3 Food and Beverages11.4 Industrial Sector11.5 Pharmaceuticals Oral Care11.6 Others
12. North America Sorbitol Market, By Region, 2019-2032 (USD Million)
12.1 North America Sorbitol Market Size and Market Share by Region (2019-2025)12.2 North America Sorbitol Market Size and Market Share by Region (2026-2032)12.3 United States12.4 Canada12.5 Mexico
13. Company Profiles
13.1 Alsiano
13.1.1 Company details13.1.2 Financial outlook13.1.3 Product summary13.1.4 Recent developments
13.2 Cargill Incorporated
13.2.1 Company details13.2.2 Financial outlook13.2.3 Product summary13.2.4 Recent developments
13.3 Foodchem International Corporation
13.3.1 Company details13.3.2 Financial outlook13.3.3 Product summary13.3.4 Recent developments
13.4 Ingredion
13.4.1 Company details13.4.2 Financial outlook13.4.3 Product summary13.4.4 Recent developments
13.5 Life Sciences Limited
13.5.1 Company details13.5.2 Financial outlook13.5.3 Product summary13.5.4 Recent developments
13.6 PT. Ecogreen Oleochemicals
13.6.1 Company details13.6.2 Financial outlook13.6.3 Product summary13.6.4 Recent developments
13.7 Qinhuangdao Lihua Starch Co. Ltd.
13.7.1 Company details13.7.2 Financial outlook13.7.3 Product summary13.7.4 Recent developments
13.8 Roquette Frères ADM
13.8.1 Company details13.8.2 Financial outlook13.8.3 Product summary13.8.4 Recent developments
13.9 StartingLine S.p.A.
13.9.1 Company details13.9.2 Financial outlook13.9.3 Product summary13.9.4 Recent developments
13.10 The Sukhjit Starch & Chemicals Ltd.
13.10.1 Company details13.10.2 Financial outlook13.10.3 Product summary13.10.4 Recent developments
13.11 Tokyo Chemical Industry Co. Ltd.
13.11.1 Company details13.11.2 Financial outlook13.11.3 Product summary13.11.4 Recent developments
13.12 Zhucheng Dongxiao Biological Technology Co., Ltd
13.12.1 Company details13.12.2 Financial outlook13.12.3 Product summary13.12.4 Recent developments
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
North America Sorbitol Market is projected to reach USD 0.91 billion by 2032, growing at a CAGR of 6.84% during the forecast period.
North America Sorbitol Market grew in market size from 2021. The Market is expected to reach USD 0.91 billion by 2032, at a CAGR of 6.84% during the forecast period.
North America Sorbitol Market CAGR of 6.84% during the forecast period.
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North America Sorbitol Market size is USD 0.91 billion from 2022 to 2032.
North America Sorbitol Market Segment is Covered By Category, By Form, By Source, By Function, By Application.
The North America is anticipated to have the highest market share in the North America Sorbitol Market.
The key players in the market include Companies Covered Alsiano, Cargill Incorporated, Foodchem International Corporation, Ingredion., Life Sciences Limited, PT. Ecogreen Oleochemicals, Qinhuangdao Lihua Starch Co. Ltd., Roquette Frères ADM, StartingLine S.p.A., The Sukhjit Starch & Chemicals Ltd., Tokyo Chemical Industry Co. Ltd., Zhucheng Dongxiao Biological Technology Co. Ltd.
The market is expected to grow in the coming years due to the increasing demand for low-calorie sweeteners and the growing use of sorbitol in personal care and pharmaceutical products.
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