Sorbitol Production Equipment Market 2030
Sorbitol is a sugar alcohol with a sweet flavor that takes a long time for the human body to break down. This is made by converting the aldehyde group into a primary alcohol group by reducing glucose. Sorbitol is made from glucose and is used to provide texture, sweetness, and moisture retention to packaged foods & beverages. Health agencies from throughout the world, including the World Health Organization, the countries of Australia, Canada, Japan, and the European Union, have all examined and validated the safety of sorbitol. Sorbitol is considered safe by the US Food and Drug Administration (FDA). Sorbitol manufacturing process involves catalytic glucose hydrogenation process, which is the most prevalent method.
Market Scope and Structure Analysis
Description
Sorbitol manufacturing equipment is an assembling equipment that is used to make sorbitol. Sorbitol is mostly used in food as an artificial sweetener. In most cases, starch is employed as a raw ingredient in the manufacturing of sorbitol. The primary raw materials are starch crops, grains, or roots. Sorbitol manufacturing equipment is segmented on the basis of type, which includes ion exchangers, hydrogenation reactors, sedimentation & filtration tanks, and evaporators. Sorbitol is primarily produced via catalytic hydrogenation of glucose, which necessitates the employment of a large number of hydrogenation reactors.
COVID-19 Impact analysis
- COVID-19 pandemic ceased the production of various products in the sorbitol production equipment industry, which is attributed to the global lockdown. This has hampered the growth of sorbitol production equipment market from the last few months and is likely to continue during 2022.
- COVID-19 affected the sales of sorbitol production equipment in the first quarter of 2022 and is anticipated to have a negative impact on the market growth throughout the year.
- The major demand for sorbitol production equipment was previously noticed from giant manufacturing countries, such as North America, Europe, Asia-Pacific, and South America, which are negatively affected by the spread of the coronavirus, thereby declining the demand for sorbitol production equipment.
- Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on their cash reserves. Sorbitol production equipment manufacturers can afford a full lockdown only for a few months, after which the players have to modify their investment plans. For instance, various players in the market halted their production activities for several weeks to reduce their expenses. On the contrary, few players adopted employee lay-offs to sustain themselves during the COVID-19 health crisis.
- Sorbitol production equipment manufacturers are expected to focus on protecting their workforce, operations, and supply chains to respond to immediate crises and find new ways of working after COVID-19. For instance, provision of sanitizers, maintaining social distance, and ensuring the vaccination of every employee in the company can assist in promoting the health & safety of the workforce.
Top Impacting Factors
Changes in lifestyle and eating habits have exponentially increased the number of people suffering from ailments such as constipation. This increased the use of substances such as sorbitol, as they draw water into the large intestine, thereby stimulating bowel movements. Thus, the medical applications of sorbitol have significantly increased its use, thereby driving the growth of sorbitol production equipment industry. Furthermore, sorbitol has various applications in the healthcare, food and cosmetics industry. Sorbitol is identified as a key chemical intermediate for production of fuels using biomass resources. However, excessive use of sorbitol can cause adverse health effects, which restrains the growth of sorbitol production equipment market. Increase in global population fueled the demand for healthcare, food, and pharmaceutical products, thereby boosting the use of sorbitol and providing lucrative growth opportunities for the sorbitol production equipment market.
- Some key players manufacture sorbitol manufacturing equipment for food & beverage and chemical sector. For instance, Bosida Technology offers HC Series of Hydrocyclone and ST Series starch storage. Similarly, ADEdge Water offers ion exchange machines solutions such as ADNO3 and AD88 high efficiency machines.
Key Benefits of the Report
- This study presents the analytical depiction of the sorbitol production equipment industry along with the current trends and future estimations to determine the future investment pockets.
- The report presents information related to key drivers, restraints, opportunities, and market share of the sorbitol production equipment.
- A quantitative analysis highlights the sorbitol production equipment growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed sorbitol production equipment analysis based on competitive intensity and how the competition will take shape in coming years.
Sorbitol Production Equipment Market Report Highlights
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