Market Share of Sorbitol Industry
The global sorbitol market is currently competitive with the presence of major players such as Cargill, Merck, DuPont, Archer Daniels Midland Company, American International Foods Inc., SPI Pharma Inc., etc., altogether accounting for the highest market share. Strong brand loyalty for brands like Cargill and DuPont in emerging countries is the primary reason for these players enjoying a strong foothold in these markets. Acquisitions and new product launches are the most preferred growth strategies. Leading companies are focusing on expansions and partnerships. The market leaders are focused on launching innovative, low-calorie, and natural ingredient-based products. Huge investments have been made in R&D to develop products for specific needs.
Sorbitol Market Leaders
*Disclaimer: Major Players sorted in no particular order