AI-powered self-service platform for all your sourcing decision needs across 1,600+ categories llike Sorbitol .
Market Data, Sourcing & Supplier Intelligence, and Price & Cost Benchmarking.
Brazil to export nearly 4 mn tons of corn to China in 2023June 29, 2022
France's further trims corn output, polyol production to tightenOctober 12, 2022
Argentina's corn plating delayed after fears of droughtSeptember 19, 2022
Become a Beroe LiVE.Ai™ Subscriber to receive proactive alerts on Sorbitol
Sorbitol Market Monitoring Dashboard
Understand the correlation between costs, margins, and prices impacting your category on a real time basis on Beroe LiVE.Ai™
Sorbitol Industry Benchmarks
The average annual savings achieved in Sorbitol category is 9.70%
The industry average payment terms in Sorbitol category for the current quarter is 60.0 days
Compare your category performance against peers and industry benchmarks across 20+ parameters on Beroe LiVE.Ai™
Category Strategy and Flexibility
Price per Unit Competitiveness
Minimum Order Quality
The World’s first Digital Market Analyst
The World’s first Digital Market Analyst
Abi, the AI-powered digital assistant brings together data, insights, and intelligence for faster answers to sourcing questions
Find the right-fit sorbitol supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.
Use the Sorbitol market, supplier and price information for category strategy creation and Quaterly Business Reviews (QRBs)
Sorbitol market frequently asked questions
The global sorbitol market is receiving major impetus from the double-digit rise in US corn (feedstock) production and the gradual increase in chewing gum and vitamin C demand.
Sorbitol, a 6-carbon polyol, is a natural ingredient in various fruits and some vegetables. As per Beroe’s market report, the worldwide polyol and sorbitol production clocked 3.9 MMT and 2.36 MMT, respectively, in 2019.
Market players continue to reap revenue benefits from North America and Europe over the forecast period. While the former produces 0.6 MMT per year (on average), the latter produces 0.46 MMT.
The sorbitol suppliers lack adequate power in the value chain as prices depend on the global demand-supply, along with current domestic price trends. Moreover, the demand for polyol affects the negotiation process, further moderating the supplier bargaining potential.
Beroe’s study has highlighted Cargill and Roquette, among others, as the key sorbitol producers who procure corn directly from the grain elevators.
The global sorbitol market is highly consolidated, with established players holding over 60% of the overall revenue pool. To strengthen their market position, market participants are investing in mergers and acquisitions (M&A). In addition, they are forming manufacturing units in Asia, especially China, to broaden their customer base. Nevertheless, regional and independent sorbitol suppliers are giving tough competition to their global counterparts.
Market players confront the risk of substitutes, such as xylitol, stevia, and aspartame. However, sorbitol holds the upper hand owing to its oral health benefits; as such, substituting the polyol with other alternatives will be a cost-intensive affair.
Sorbitol market report transcript
Sorbitol Global Market Outlook:
Global Polyol Supply (2019) 3.9 MMT
Global Sorbitol Supply (2019) 2.36 MMT
Key Market Drivers
- 11.4 percent rise in the US corn (feedstock) production
- Vitamin C demand (projected CAGR until 2022: 5 percent)
- Chewing gum demand (projected CAGR until 2020: 1.25 percent)
Porter's Analysis on Sorbitol
- The feedstock is corn. The corn traders and farmers are the major suppliers
- Polyol manufacturers, like Roquette, Cargill, and others, buy corn directly from grain elevators
- The prices are fixed according to futures like, CBOT or current domestic prices
- The suppliers do not have major power, since prices are fixed by the global supply–demand trend
- Supplier power is moderate, as demand for polyols also impacts negotiation
Barriers to New Entrants
- Consolidation of the global suppliers is a major barrier to entry. Acquisitions and mergers are common in the industry
- In addition, the global suppliers are actively setting up bases in regions, like China
- Despite this, independent companies offer competition to the global suppliers
- Barriers to entry are thus moderate
Intensity of Rivalry
- The polyol supplier industry is consolidated by the global suppliers, who account for 64 percent of the market share
- There is, however, competition from regional suppliers in China and other parts of Asia
- The global suppliers consolidate shares by acquisitions or mergers
- The presence of competition makes intensity of rivalry high
Threat of Substitutes
- There is a threat of substitution for polyols, with substitutes such as stevia, aspartame, and others. Sorbitol itself is a substitute for sugar
- Sorbitol can be substituted by Xylitol, still it is not cost-effective to compete with sorbitol, but there exists growth potential, due to health benefits
- The threat of substitutes is thus moderate
The supplier market is fairly consolidated, and there are several competing end-use segments
Demand for polyols from several end- use sectors could offer bargaining leverage to the supplier
The presence of several regional suppliers could provide negotiation levers to the buyer
Buyer power is thus moderate