Middle East & Africa Sorbitol Market Size & Outlook
Middle East & Africa sorbitol market, 2017-2028 (US$M)
Related Markets
MEA sorbitol market highlights
- The MEA sorbitol market generated a revenue of USD 35.0 million in 2020.
- The market is expected to grow at a CAGR of 4% 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, Saudi Arabia is expected to register the highest CAGR from 2021 to 2028.
MEA data book summary
| Market revenue in 2020 | USD 35.0 million |
| Market revenue in 2028 | USD 47.8 million |
| Growth rate | 4% (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, MEA region accounted for 2.4% 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.
Key Regions: U.S. , UK , Japan , Brazil , Saudi Arabia
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Sorbitol Market Scope
Sorbitol Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa 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 76.57% in 2020. Horizon Databook has segmented the Middle East & Africa sorbitol market based on liquid, crystal covering the revenue growth of each sub-segment from 2017 to 2028.
Growing demand for naturally derived personal care products in Middle East countries on account of shifting consumer trend towards organic products is expected to have a positive impact on sorbitol market.
In addition, companies such as Emami are also planning to establish their production base for organic personal care products in Saudi Arabia. As a result, sorbitol demand is anticipated to be significant for use in these products in the near future.
UAE’s Hamriyah Free Zone Authority announced plans to set up an industrial park which is likely to facilitate new investments in food & beverage industry. Thus, new investments in food & beverage industry in UAE are expected to open new avenues for sorbitol market in the near future.
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Target buyers of Middle East & Africa 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa sorbitol market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa sorbitol market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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MEA sorbitol market size, by country, 2017-2028 (US$M)
Middle East & Africa Sorbitol Market Outlook Share, 2020 & 2028 (US$M)
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