Germany Sorbitol Market Size & Outlook, 2020-2028
Germany sorbitol market, 2017-2028 (US$M)
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Germany sorbitol market highlights
- The Germany sorbitol market generated a revenue of USD 75.2 million in 2020 and is expected to reach USD 101.2 million by 2028.
- The Germany market is expected to grow at a CAGR of 3.8% 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 75.2 million |
| Market revenue in 2028 | USD 101.2 million |
| Growth rate | 3.8% (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, Germany accounted for 5.1% of the global sorbitol market in 2020.
- Country-wise, China is expected to lead the global market in terms of revenue in 2028.
- In Europe, Germany sorbitol market is projected to lead the regional market in terms of revenue in 2028.
- France is the fastest growing regional market in Europe and is projected to reach USD 88.7 million by 2028.
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Sorbitol Market Scope
Sorbitol Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 77.39% in 2020. Horizon Databook has segmented the Germany sorbitol market based on liquid, crystal covering the revenue growth of each sub-segment from 2017 to 2028.
Sorbitol is expected to be used extensively in skin care products owing to their ability to act as an emollient. Rising trend of online shopping in Germany is expected to contribute significantly to the sales of cosmetics and personal care products.
Consumer preference to shop online on account of its various benefits such as regular purchasing, broad product portfolio for a range of brands, discounts, promotions and special deals. The ability to compare two or more different products of the same or different brands has also resulted in favoring online shopping.
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Target buyers of Germany 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 Germany sorbitol market , including forecasts for subscribers. This country databook contains high-level insights into Germany sorbitol market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Germany sorbitol market size, by product, 2017-2028 (US$M)
Germany Sorbitol Market Outlook Share, 2020 & 2028 (US$M)
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