Asia Pacific Sorbitol Market Size & Outlook, 2020-2028
Asia Pacific sorbitol market, 2017-2028 (US$M)
Related Markets
Asia Pacific sorbitol market highlights
- The Asia Pacific sorbitol market generated a revenue of USD 819.8 million in 2020.
- The market is expected to grow at a CAGR of 7.7% from 2021 to 2028.
- In terms of segment, liquid was the largest revenue generating product in 2020.
- Crystal is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2021 to 2028.
Asia Pacific data book summary
| Market revenue in 2020 | USD 819.8 million |
| Market revenue in 2028 | USD 1,479.5 million |
| Growth rate | 7.7% (CAGR from 2020 to 2028) |
| Largest segment | Liquid |
| Fastest growing segment | Crystal |
| Historical data covered | 2017 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Liquid, Crystal |
| Key market players worldwide | American International Group Inc, Archer-Daniels Midland Co, Cargill, DuPont de Nemours Inc, Merck KGaA, Sappi Ltd ADR, Tereos, Ingredion Inc, Genpact Ltd |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 55.7% of the global sorbitol market in 2020.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,479.5 million by 2028.
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Sorbitol Market Scope
Sorbitol Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific sorbitol market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to sorbitol market will help companies and investors design strategic landscapes.
Liquid was the largest segment with a revenue share of 76.36% in 2020. Horizon Databook has segmented the Asia Pacific sorbitol market based on liquid, crystal covering the revenue growth of each sub-segment from 2017 to 2028.
Low manufacturing cost and growing demand for personal care products, food & beverages and pharmaceuticals in China and India is expected to augment sorbitol market demand over the forecast period.
Governments of China and India have framed numerous initiatives intended for promoting domestic production output of pharmaceutical and personal care industries by allowing FDIs. This is expected to have a significant impact on sorbitol market over the forecast period.
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Target buyers of Asia Pacific sorbitol market databook
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Our clientele includes a mix of sorbitol market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific sorbitol market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific sorbitol market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Asia Pacific sorbitol market size, by country, 2017-2028 (US$M)
Asia Pacific Sorbitol Market Outlook Share, 2020 & 2028 (US$M)
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