China Sorbitol Market Size & Outlook, 2020-2028
China sorbitol market, 2017-2028 (US$M)
Related Markets
China sorbitol market highlights
- The China sorbitol market generated a revenue of USD 517.5 million in 2020 and is expected to reach USD 942.8 million by 2028.
- The China market is expected to grow at a CAGR of 7.8% 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 517.5 million |
| Market revenue in 2028 | USD 942.8 million |
| Growth rate | 7.8% (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, China accounted for 35.2% of the global sorbitol market in 2020.
- Country-wise, China is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, China sorbitol market is projected to lead the regional market in terms of revenue in 2028.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 103.7 million by 2028.
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Sorbitol Market Scope
Sorbitol Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 76.37% in 2020. Horizon Databook has segmented the China sorbitol market based on liquid, crystal covering the revenue growth of each sub-segment from 2017 to 2028.
Population growth, rapid urbanization, rising disposable income and employment in developing nations including China played an important role in increasing the end use demand for sorbitol over the past few years.
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Target buyers of China 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 country-level data and insights on the China sorbitol market , including forecasts for subscribers. This country databook contains high-level insights into China sorbitol market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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China sorbitol market size, by product, 2017-2028 (US$M)
China Sorbitol Market Outlook Share, 2020 & 2028 (US$M)
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