Global sorbitol and maltitol market was valued at USD 1.33 billion in 2017 and is expected grow in the forecast period owing to the growing demand for artificial natural sweeteners, increase in consumer demand for low-calorie food & beverage products, and rising awareness regarding its applications in pharmaceutical sector. In addition to their low calorie property, sorbitol and maltitol also have low glycemic properties, and hence, seem to be key ingredients in the pharma and nutrition business.
The global Sorbitol and Maltitol market is expected to develop $ 2,869.4 million by 2030, at a compound annual increase in price (CAGR) of 5.12% throughout the forecast period.
.jpg "The Global Sorbitol And Maltitol Market 2020-2030 (USD Million)")
Sorbitol and maltitol belong to the polyol family and together represent almost 50 percent of the total natural sweeteners consumption in the world. Sorbitol and maltitol are not only used for their sweetness, but also can be used for providing cooling effect, adding bulk & texture, retaining moisture and mold inhibitors browning which occurs during heating in foods. Furthermore, the demand for low calorie food containing sorbitol and maltitol is anticipated to grow further, owing to the increasing consumer awareness of weight management and diabetes. Considering all these factors, the global sorbitol and maltitol market is expected to grow in the forecast period.
Based on the applications, the global sorbitol and maltitol market is further segmented into personal care, chemicals, food & beverage, pharmaceutical and others. Within these applications, food & beverage had the highest market share and is expected to grow with the highest growth rate in the forecast period. The second highest share of global sorbitol and maltitol market belonged to personal care sector which is expected to grow with CAGR of 4.1% from the period 2018 to 2025. Major applications of sorbitol in personal care include oral care as it is resistant to the tooth bacteria and skin care owing to its moisturizing property. Hence, all these factors are expected to influence positively on the global sorbitol and maltitol market.
On the basis of form, the global sorbitol and maltitol market is segmented into liquid and crystal form. The market for liquid form of sorbitol and maltitol is expected to grow with the highest CAGR in the forecast period owing to varied number of applications in the food and pharmaceutical industry. However, crystal form is mostly preferred in cases where better handling and care is required. Also, their production is much more complex as compared to other sweeteners and challenges in terms of procuring the raw materials and creating cost-effective production can hamper the growth of global sorbitol and maltitol market.
Geography-wise, the global sorbitol and maltitol market is segmented into five regions – North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. Among these, Asia-Pacific region had the highest market share in 2017 and is expected to post a CAGR for 5.8% between 2018 and 2025. The Asia-Pacific region is further segmented into China, Japan, India, Indonesia and rest of the asia-pacific. The increasing health awareness among the consumers and rapid growth in disposable income of individuals in countries of India, China and Japan are driving the sorbitol and maltitol market. Also, the major producers of sorbitol and maltitol belong to the Asia-Pacific region, contributing further to the growth of sorbitol and maltitol market in this region. The sorbitol and maltitol market for North America is expected to grow at a CAGR of 5% from 2018 to 2025 and 5.3% for Latin America.
The competitive landscape of global sorbitol and maltitol market consist of global as well as some regional players including Dupont Nutrition & Health (Danisco), BENEO GmbH, Shandong Longlive Biotechnology Co., Ltd., Thomson Biotech (Xiamen) Co., Ltd., Zhucheng Dongxiao Biotechnology Co., Ltd., Archer Daniels Midland Company, O'Laughlin Industries Co., Ltd., Cargill, Inc, Jungbunzlauer Suisse AG, Tereos Starch & Sweeteners s.a.s. and others.
Sorbitol and Maltitol Market Scope
| Metrics | Details |
| Base Year | 2023 |
| Historic Data | 2018-2022 |
| Forecast Period | 2024-2030 |
| Study Period | 2018-2030 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2030 | $ 2,869.4 million |
| Growth Rate | CAGR of 5.12% during 2020-2030 |
| Segment Covered | By Function, Form, Application, Region. |
| Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
| Key Players Profiled | Cargill (US), Archer Daniels Midland Company (US), E.I. Du Point De Nemours and Company (US), Roquette Frères S.A. (France), Tereos Starch & Sweeteners (France), Südzucker AG (Germany), Ingredion Incorporated (US), Jungbunzlauer Suisse AG (Switzerland), Gulshan Polyols Limited (India), Batory Foods (US), B Food Science Co., Ltd. (Japan), and Dfi Corporation (US). |
Key segments of the global sorbitol and maltitol market
Product form Overview
- Liquid
- Crystal
Application Overview
- Personal care
- Chemical
- Food & beverage
- Pharmaceutical
- Others
Regional Overview
- North America
- Europe
- Asia Pacific
- Latin America
- Middle-East & Africa
Frequently Asked Questions (FAQ) :
The market value of sorbitol and maltitol market in 2030 was $ 2,869.4 million.
The application of the sorbitol and maltitol market Personal care, Chemicals, Food & Beverage, Pharmaceutical and other.
The top companies that hold the market share in sorbitol and maltitol market are Dupont Nutrition & Health (Danisco), BENEO GmbH, Shandong Longlive Bio-Technology Co., Ltd., Thomson Biotech (Xiamen) Co., Ltd., Zhucheng Dongxiao Biotechnology Co., Ltd., Archer Daniels Midland Company & among others.