Global Sorbitol Market : Trends , Opportunities and Forecasts ( 2016- 2021 )
According to report , “ Global Sorbitol Market - By Product Type , By End User Industry , By Region , By Country ( 2016-2021 )”, Food Industry holds the major percentage share in the total market by end-user application and is projected to display a faster growth in the future . Among the regions , Asia-Pacific holds the largest market share mainly due to increasing population , higher disposable incomes , and rising cosmetic & personal care as well as food industry .
Global Sorbitol Market is forecasted to grow at a CAGR of 3.90 % during 2016 – 2021 . The strong growth of sorbitol market is attributed to the rise in demand for sugar free food and medicine ingredients , increased usage in personal care industry and chemical industry . The global sorbitol market is expected to register a substantial growth in the near future . Replacements of Glycerol , production of sorbitol using continuous process technology as well as the production of sorbitol from cellulose are some of the emerging trends in the global sorbitol market .
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