Middle East and Africa Sorbitol Market expected to reach the value of USD 2.44 billion by 2029, at a CAGR of 4.8 % during the forecast period 2029
Middle East and Africa Sorbitol Market, By Category (Organic and Inorganic), Form (Crystallized, Liquid and Powder), Source (Corn, Wheat, Rye and Others), Function (Humectant, Sweetener, Bulking Agent, Stabilizer, Softener and Emulsifier and Others), Application (Food and Beverages, Animal Feed, Pharmaceuticals, Oral Care, Cosmetics, Industrial Sector and Others), Country (South Africa, Saudi Arabia, UAE, Oman, Qatar, Kuwait and Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Middle East and Africa Sorbitol Market
· The sorbitol market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 4.8% in the forecast period of 2021 to 2028 and is expected to reach USD 108,582.40 thousand by 2028. The rising demand for low-calorie food is expected to help in the growth of the sorbitol market.
· Sorbitol is a sugar alcohol found naturally in fruits and plants or derived from starch-rich sources via hydrogenation. Sorbitol has diuretic, laxative, and cathartic properties. Sorbitol has one-third fewer calories and 60% more sweetening activity than sucrose and hence used as an alternative to sugar, especially for diabetic patients. Sorbitol comes in different forms liquid, crystalline or powder. It is non-carcinogenic and generally odorless.
Sorbitol Market Scope and Market Size
· On the basis of category, the sorbitol market is segmented into organic and inorganic. In 2021, the inorganic segment is expected to dominate the sorbitol market due to the rise in demand for low-calorie and low-sugar products which also offer various health benefits.
· On the basis of form, the sorbitol market is segmented into crystallized, liquid and powder. In 2021, the powder segment is expected to dominate the sorbitol market due to its easy application in various industries and high demand by manufacturers.
· On the basis of source, the sorbitol market is segmented into corn, wheat, rye and others. In 2021, the corn segment is expected to dominate the sorbitol market due to the rise in demand for cost-effective and starch-rich raw materials to produce sorbitol to fulfill the growing demand in industries.
· On the basis of function, the sorbitol market is segmented into humectant, sweetener, bulking agent, stabilizer, softener and emulsifier and others. In 2021, the humectant segment is anticipated to dominate the sorbitol market due to the rise in demand for an ingredient with a high capacity to retain moisture and helps in enhancing the shelf-life of the products.
· On the basis of application, the sorbitol market is segmented into food and beverages, animal feed, pharmaceuticals, oral care, cosmetics, industrial sector and others. In 2021, the pharmaceutical segment is anticipated to dominate the sorbitol market due to increased demand for sorbitol to prepare tablets, capsules and other pharmaceutical products.
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Middle East and Africa Sorbitol Market Country Level Analysis
· The countries covered in the Middle East and Africa sorbitol market report are the South Africa, Saudi Arabia, UAE, Oman, Qatar, Kuwait and rest of Middle East and Africa.
Competitive Landscape and Sorbitol Market Share Analysis
· The sorbitol market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve
Major companies dealing in the Middle East and Africa sorbitol market report are
· Cargill
· Incorporated
· Ingredion
· TEREOS
· ADM, PT
· Ecogreen Oleochemicals
· Sunar Misir
· Gulshan Polyols Ltd
· MAIZE PRODUCTS
· StartingLine S.p.A
· Zhucheng Dongxiao
· Biological Technology Co., Ltd
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MAJOR TOC OF THE REPORT
· INTRODUCTION
· MARKET SEGMENTATION
· EXECUTIVE SUMMARY
· PREMIUM INSIGHTS
· MARKET OVERVIEW
· QUESTIONNAIRE
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