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Latin America Sorbitol Market Report and Forecast 2024-2032

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    Report

  • 152 Pages
  • December 2023
  • Region: Latin America
  • Expert Market Research
  • ID: 5926222
Latin America Sorbitol Market Report and Forecast 2024-2032

Market Outlook

According to the report the Latin America sorbitol market is projected to grow substantially between 2024 and 2032. Aided by the burgeoning demand for healthier sugar alternatives and the extensive utilisation of sorbitol across diverse sectors, the market is expected to grow significantly by 2032.

A naturally occurring sugar alcohol, sorbitol is fundamentally sourced from corn syrup but can also be derived from fruits and berries. Owing to its lesser caloric content juxtaposed with sugar and its inherent sweetening characteristics, sorbitol has carved a niche for itself in numerous products, spanning from sugar-free confectioneries, and dietary foods, to pharmaceuticals. Its roles as a humectant, thickener, and stabiliser further accentuate its utility in food, cosmetics, and personal care segments.

As per the Latin America sorbitol market analysis, there is an escalating trend toward healthier dietary choices. The region has been witnessing a paradigm shift, marked by a heightened awareness of health-related ailments tied to sugar overconsumption, including diabetes and obesity. As a result, a broad segment of the consumer base is veering towards low-calorie, sugar-free alternatives, championing sorbitol's case as an ideal sugar substitute with its low glycaemic index.

Further bolstering the Latin America sorbitol market growth is sorbitol's increasing foray into the pharmaceutical realm of Latin America. Its non-cariogenic attributes make it a frontrunner in oral care commodities like toothpaste and mouthwash, providing sweetness sans the cariogenic effects while also ensuring moisture retention. The pharmaceutical industry, beyond oral care, exploits sorbitol's properties as an excellent filler in tablets and an ideal suspension fluid in syrups and liquid formulations.

The cosmetic and personal care industries in the region have not remained impervious to sorbitol's allure. Its moisture-retention ability paves the way for its inclusion in skin and hair care solutions, including creams, lotions, and shampoos and propels the Latin America sorbitol market demand. Additionally, its crystallisation prevention trait enhances product texture and stability, further augmenting its demand.

Reinforcing the market's growth metrics in Latin America is the proliferating vegan and cruelty-free movement. As consumers become increasingly discerning about the origin and ethical implications of product ingredients, sorbitol's plant-derived nature offers a viable and marketable alternative to synthetic counterparts, which further increases the value of the Latin America sorbitol market size.

Market Segmentation

The market can be divided based on type, application, and country.

Market Breakup by Type

  • Liquid
  • Powder

Market Breakup by Application

  • Pharmaceutical
  • Toothpaste
  • Food and Confectionaries
  • Cosmetics and Toiletries
  • Industrial Surfactants
  • Others

Market Breakup by Country

  • Brazil
  • Argentina
  • Columbia

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Latin America sorbitol market. Some of the major players explored in the report are as follows:
  • Roquette Frères SA
  • Cargill, Incorporated
  • Ingredion, Incorporated
  • Archer Daniels Midland Company
  • Tereos Starch & Sweeteners
  • Others

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Latin America
7 Opportunities and Challenges in the Market
8 Global Sorbitol Market Analysis
8.1 Key Industry Highlights
8.2 Global Sorbitol Historical Market (2018-2023)
8.3 Global Sorbitol Market Forecast (2024-2032)
8.4 Global Sorbitol Market by Type
8.4.1 Liquid
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Powder
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Sorbitol Market by Application
8.5.1 Pharmaceuticals
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Toothpaste
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Food and Confectionaries
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Cosmetics and Toiletries
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Industrial Surfactants
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Others
8.6 Global Sorbitol Market by Region
8.6.1 North America
8.6.2 Europe
8.6.3 Asia Pacific
8.6.4 Latin America
8.6.5 Middle East & Africa
9 Latin America Sorbitol Market Analysis
9.1 Key Industry Highlights
9.2 Latin America Sorbitol Historical Market (2018-2023)
9.3 Latin America Sorbitol Market Forecast (2024-2032)
9.4 Latin America Sorbitol Market by Type
9.4.1 Liquid
9.4.1.1 Historical Trend (2018-2023)
9.4.1.2 Forecast Trend (2024-2032)
9.4.2 Powder
9.4.2.1 Historical Trend (2018-2023)
9.4.2.2 Forecast Trend (2024-2032)
9.5 Latin America Sorbitol Market by Application
9.5.1 Pharmaceuticals
9.5.1.1 Historical Trend (2018-2023)
9.5.1.2 Forecast Trend (2024-2032)
9.5.2 Toothpaste
9.5.2.1 Historical Trend (2018-2023)
9.5.2.2 Forecast Trend (2024-2032)
9.5.3 Food and Confectionaries
9.5.3.1 Historical Trend (2018-2023)
9.5.3.2 Forecast Trend (2024-2032)
9.5.4 Cosmetics and Toiletries
9.5.4.1 Historical Trend (2018-2023)
9.5.4.2 Forecast Trend (2024-2032)
9.5.5 Industrial Surfactants
9.5.5.1 Historical Trend (2018-2023)
9.5.5.2 Forecast Trend (2024-2032)
9.5.6 Others
9.6 Latin America Sorbitol Market by Region
9.6.1 Brazil
9.6.2 Argentina
9.6.3 Colombia
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis12 Latin America Sorbitol Price Analysis
13 Latin America Sorbitol Feedstock Market Outlook
13.1 Corn (HS 1005)
13.2 Cassava (HS 0714)
13.3 Wheat (HS 1001)
13.4 Latin America Corn Market Analysis
13.4.1 Latin America Corn Demand by Application
13.4.2 Latin America Corn Historical Demand (2018-2023) & Forecast (2024-2032)
13.4.3 Latin America Corn Historical Supply (2018-2023) & Forecast (2024-2032)
13.4.4 Latin America Corn Historical Demand (2018-2023) & Forecast (2024-2032)
13.4.4.1 Brazil
13.4.4.2 Argentina
13.4.4.3 Colombia
13.4.5 Latin America Corn Historical Supply (2018-2023) & Forecast (2024-2032)
13.4.5.1 Brazil
13.4.5.2 Argentina
13.4.5.3 Colombia
13.5 Latin America Cassava Market Analysis
13.5.1 Latin America Cassava Demand by Application
13.5.2 Latin America Cassava Historical Demand (2018-2023) & Forecast (2024-2032)
13.5.3 Latin America Cassava Historical Supply (2018-2023) & Forecast (2024-2032)
13.5.4 Latin America Cassava Historical Demand (2018-2023) & Forecast (2024-2032)
13.5.4.1 Brazil
13.5.4.2 Argentina
13.5.4.3 Colombia
13.5.5 Latin America Cassava Historical Supply (2018-2023) & Forecast (2024-2032)
13.5.5.1 Brazil
13.5.5.2 Argentina
13.5.5.3 Colombia
13.6 Latin America Wheat Market Analysis
13.6.1 Latin America Wheat Demand by Application
13.6.2 Latin America Wheat Historical Demand (2018-2023) & Forecast (2024-2032)
13.6.3 Latin America Wheat Historical Supply (2018-2023) & Forecast (2024-2032)
13.6.4 Latin America Wheat Historical Demand (2018-2023) & Forecast (2024-2032)
13.6.4.1 Brazil
13.6.4.2 Argentina
13.6.4.3 Colombia
13.6.5 Latin America Wheat Historical Supply (2018-2023) & Forecast (2024-2032)
13.6.5.1 Brazil
13.6.5.2 Argentina
13.6.5.3 Colombia
13.7 Latin America Wheat Market Analysis
13.7.1 Major Exporting Countries
13.7.1.1 By Value
13.7.1.1.1 Corn (HS 1005)
13.7.1.1.2 Cassava (HS 0714)
13.7.1.1.3 Wheat (HS 1001)
13.7.1.2 By Volume
13.7.1.2.1 Corn (HS 1005)
13.7.1.2.2 Cassava (HS 0714)
13.7.1.2.3 Wheat (HS 1001)
13.7.2 Major Importing Countries
13.7.2.1 By Value
13.7.2.1.1 Corn (HS 1005)
13.7.2.1.2 Cassava (HS 0714)
13.7.2.1.3 Wheat (HS 1001)
13.7.2.2 By Volume
13.7.2.2.1 Corn (HS 1005)
13.7.2.2.2 Cassava (HS 0714)
13.7.2.2.3 Wheat (HS 1001)
14 Latin America Feedstock Price Analysis
14.1 Brazil
14.1.1 Corn Historical Price Trends (2018-2023) & Forecast (2024-2032)
14.1.2 Cassava Historical Price Trends (2018-2023) & Forecast (2024-2032)
14.1.3 Wheat Historical Price Trends (2018-2023) & Forecast (2024-2032)
14.2 Argentina
14.2.1 Corn Historical Price Trends (2018-2023) & Forecast (2024-2032)
14.2.2 Cassava Historical Price Trends (2018-2023) & Forecast (2024-2032)
14.2.3 Wheat Historical Price Trends (2018-2023) & Forecast (2024-2032)
14.3 Colombia
14.3.1 Corn Historical Price Trends (2018-2023) & Forecast (2024-2032)
14.3.2 Cassava Historical Price Trends (2018-2023) & Forecast (2024-2032)
14.3.3 Wheat Historical Price Trends (2018-2023) & Forecast (2024-2032)
15 Trade Data Analysis
15.1 Global (HS Code-3824, 2905) Trade Analysis
15.2 Major Exporting Countries
15.2.1 By Value
15.2.2 By Volume
15.3 Major Importing Countries
15.3.1 By Value
15.3.2 By Volume
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Roquette Frères SA
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Cargill Inc.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Ingredion Inc.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Archer Daniels Midland Company
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Tereos Participations SAS
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Consumer Analysis18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Sorbitol Market: Key Industry Highlights, 2018 and 2032
2. Global Sorbitol Historical Market: Breakup by Type (Million Metric Tons), 2018-2023
3. Global Sorbitol Market Forecast: Breakup by Type (Million Metric Tons), 2024-2032
4. Global Sorbitol Historical Market: Breakup by Application (Million Metric Tons), 2018-2023
5. Global Sorbitol Market Forecast: Breakup by Application (Million Metric Tons), 2024-2032
6. Global Sorbitol Historical Market: Breakup by Region (Million Metric Tons), 2018-2023
7. Global Sorbitol Market Forecast: Breakup by Region (Million Metric Tons), 2024-2032
8. Latin America Sorbitol Market: Key Industry Highlights, 2018 and 2032
9. Latin America Sorbitol Historical Market: Breakup by Type (Million Metric Tons), 2018-2023
10. Latin America Sorbitol Market Forecast: Breakup by Type (Million Metric Tons), 2024-2032
11. Latin America Sorbitol Historical Market: Breakup by Application (Million Metric Tons), 2018-2023
12. Latin America Sorbitol Market Forecast: Breakup by Application (Million Metric Tons), 2024-2032
13. Latin America Sorbitol Historical Market: Breakup by Region (Million Metric Tons), 2018-2023
14. Latin America Sorbitol Market Forecast: Breakup by Region (Million Metric Tons), 2024-2032
15. Brazil Historical Price Trends and Forecast 2018-202816. Argentina Historical Price Trends and Forecast 2018-202817. Colombia Historical Price Trends and Forecast 2018-202818. Major Exporting Countries by Value19. Major Importing Countries by Value20. Major Exporting Countries by Volume21. Major Importing Countries by Volume22. Latin America Sorbitol Market Structure

Companies Mentioned

  • Roquette Frères SA
  • Cargill Incorporated
  • Ingredion Incorporated
  • Archer Daniels Midland Company
  • Tereos Starch & Sweeteners

Methodology

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