Canada Sorbitol Market Size & Outlook, 2020-2028
Canada sorbitol market, 2017-2028 (US$M)
Related Markets
Canada sorbitol market highlights
- The Canada sorbitol market generated a revenue of USD 44.2 million in 2020 and is expected to reach USD 73.9 million by 2028.
- The Canada market is expected to grow at a CAGR of 6.6% 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.
Sorbitol market data book summary
| Market revenue in 2020 | USD 44.2 million |
| Market revenue in 2028 | USD 73.9 million |
| Growth rate | 6.6% (CAGR from 2020 to 2028) |
| Largest segment | Liquid |
| Fastest growing segment | Crystal |
| Historical data | 2017 - 2019 |
| Base year | 2020 |
| Forecast period | 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, Canada accounted for 3.0% of the global sorbitol market in 2020.
- Country-wise, China is expected to lead the global market in terms of revenue in 2028.
- In North America, U.S. sorbitol market is projected to lead the regional market in terms of revenue in 2028.
- Canada is the fastest growing regional market in North America and is projected to reach USD 73.9 million by 2028.
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Sorbitol Market Scope
Sorbitol Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 75.79% in 2020. Horizon Databook has segmented the Canada sorbitol market based on liquid, crystal covering the revenue growth of each sub-segment from 2017 to 2028.
Growing awareness regarding the benefits of low calorie sweeteners and shifting focus towards maintain a healthy lifestyle are primary factors which have contributed towards the growth of this market over the past few years. Canada has a positive outlook towards the personal care and the food and beverage industry which will in turn help sorbitol to increase their market penetration over the forecast period.
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Our clientele includes a mix of sorbitol market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada sorbitol market , including forecasts for subscribers. This country databook contains high-level insights into Canada sorbitol market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Canada sorbitol market size, by product, 2017-2028 (US$M)
Canada Sorbitol Market Outlook Share, 2020 & 2028 (US$M)
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