Regional Analysis: Growth Prospects in the Global Sorbitol Market

The sorbitol market was estimated at USD 1.52 billion in 2022 and is likely to grow at a CAGR of 5.58% during 2023-2028 to reach USD 2.1 billion in 2028.

Sorbitol is a sugar alcohol and is identified as a potential key chemical intermediate from biomass resources. It is employed in a number of sectors, including food and beverage, medicines, cosmetics, and personal care, as a sweetener, humectant, sequestrant, texturizer, stabilizer, and bulking agent. It varies according to the application fields, with the food business using it mostly as a preservative, additive, and sweetener; the pharmaceutical sector uses it as a carrier; and the cosmetics industry uses it to stabilize emulsions.