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1 Imarc Global Sorbitol (Glucitol) Market Report & Forecast: Market Size, Share, Growth, Production Capacity, Price, Applications, Feedstocks, Manufacturers and Forecast: March 2013 Copyright 2013 International Market Analysis Research & Consulting (IMARC). All Rights Reserved

2 Report Description and Highlights IMARC s new report entitled Global Sorbitol (Glucitol) Market Report & Forecast: Market Size, Share, Growth, Production Capacity, Price, Applications, Feedstocks, Manufacturers and Forecast: provides an analytical and statistical insight into the global sorbitol market. The study, that has been undertaken using desk-based as well as qualitative primary research, provides a comprehensive analysis of the global sorbitol market. What we have achieved in this report: Comprehensive situation analysis of the global sorbitol market and its dynamics Focus of the analysis : Historical, current and future trends in production capacity Historical, current and future trends in production Historical, current and future trends in demand Historical, current and future trends in prices Demand by application sector Production capacity by region Production by region Consumption by region Production by type of feedstock (corn, wheat, cassava, etc.) Key players and their production capacities Sorbitol substitutes Evaluation of major regions Regions covered: China, United States, Western Europe, Indonesia and India Focus of the analysis for each region : Historical, current and future trends in production capacity Historical, current and future trends in production Historical, current and future trends in demand Historical, current and future trends in prices Demand by application sector Production capacity by region

3 Report Description and Highlights Evaluation of various sorbitol feedstocks and manufacturing process Focus of the analysis: Characteristics of various feedstocks used in sorbitol production Yield of sorbitol and byproducts from various feedstocks Supply and demand of various feedstocks Manufacturing process of sorbitol Interchanging feedstocks Evaluation of major sorbitol manufacturers Manufacturers covered: Roquette Frères, Cargill, Ingredion, Archer Daniels Midland, Shandong Tianli, PT Sorini, Nikken Fine Chemicals, Global Sweeteners Holdings and Khalista (Liuzhou) Chemical Industries. Focus of the analysis: Company description Sorbitol production capacity Sorbitol production Feedstocks used for sorbitol production Plant locations and their capacities Information Sources: Information has been sourced from both primary and secondary sources: Primary sources include industry surveys and face to face/telephone interviews with manufacturers, end-users and industry experts. Secondary sources include proprietary databases and search engines. These sources include company websites, reports, books, trade journals, magazines, white papers, industry portals, government sources and access to more than 4000 paid databases.

4 Contents Research Methodology and Market Definitions Executive Summary The Global Sorbitol Industry: Market Landscape Historical Market Trends Production Capacity Consumption Prices Market by Application Sector Market by Region Production Capacity Production Consumption Market by Feedstock Competitive Landscape Sorbitol Substitutes Market Forecast Production Capacity Consumption Prices The Global Sorbitol Industry: Regional Analysis China Sorbitol Production Capacity and Production Sorbitol Consumption Sorbitol Production Statistics From Various Feedstocks Historical and Future Price Trends of Various Feedstocks Historical and Future Cost of Manufacturing Sorbitol From Various Feedstocks Competitive Landscape United States Sorbitol Production Capacity and Production Sorbitol Consumption Sorbitol Production Statistics From Various Feedstocks Historical and Future Price Trends of Various Feedstocks Historical and Future Cost of Manufacturing Sorbitol From Various Feedstocks Competitive Landscape

5 Contents The Global Sorbitol Industry: Regional Analysis Europe Sorbitol Production Capacity and Production Sorbitol Consumption Sorbitol Production Statistics From Various Feedstocks Historical and Future Price Trends of Various Feedstocks Historical and Future Cost of Manufacturing Sorbitol From Various Feedstocks Competitive Landscape Indonesia Sorbitol Production Capacity and Production Sorbitol Consumption Sorbitol Production Statistics From Various Feedstocks Historical and Future Price Trends of Various Feedstocks Historical and Future Cost of Manufacturing Sorbitol From Various Feedstocks Competitive Landscape India Sorbitol Production Capacity and Production Sorbitol Consumption Sorbitol Production Statistics From Various Feedstocks Historical and Future Price Trends of Various Feedstocks Historical and Future Cost of Manufacturing Sorbitol From Various Feedstocks Competitive Landscape The Global Sorbitol Industry: Sorbitol Manufacturing and Feedstock Analysis Characteristics of Various Feedstocks Used in Sorbitol Production Supply and Demand of Various Feedstocks Manufacturing Process Production of Starch Slurry Using Corn Production of Starch Slurry Using Cassava Production of Starch Slurry Using Wheat Production of Glucose Syrup Conversion of Glucose Syrup to Sorbitol Interchanging Sorbitol Feedstocks

6 Contents The Global Sorbitol Industry: Competitive Landscape The Global Sorbitol Industry: Competitive Landscape Roquette Frères SA Cargill, Incorporated (Excluding Sorini) Ingredion, Incorporated Archer Daniels Midland Company Shandong Tianli Pharmaceutical Co., Ltd. PT Sorini Agro Asia Corporindo Tbk Nikken Fine Chemicals Co., Ltd. Global Sweeteners Holdings Limited Khalista (Liuzhou) Chemical Industries Ltd.

7 List of Figures The Global Sorbitol Industry: Competitive Landscape Figure 1: Global: Sorbitol Production Capacity (in 000 Mt), Figure 2: Global: Sorbitol Prices (in US$/Mt), Figure 3: Global: Sorbitol Volume Demand (in 000 Mt), Figure 4: Global: Sorbitol Value Demand (in Million US$), Figure 5: Global: Sorbitol Volume Demand by Consuming Sectors (in %), 2012 Figure 6: Global: Sorbitol Production Capacity by Key Producer Countries (in %), 2006, 2012 & 2017 Figure 7: Global: Sorbitol Production by Key Producer Countries (in %), 2006, 2012 & 2017 Figure 8: Global: Sorbitol Volume Demand by Region (in %), 2006, 2012 & 2017 Figure 9: Global: Sorbitol Production by Feedstock (in %), 2012 Figure 10: Global: Sorbitol Production Capacity Breakup by Manufacturers (in %), 2012 Figure 11: Global: Sorbitol Production Capacity Forecast (in 000 Mt), Figure 12: Global: Sorbitol Volume Demand Forecast (in 000 Mt), Figure 13: Global: Sorbitol Price Forecast (in US$/Metric Ton), Figure 14: Global: Sorbitol Value Demand Forecast (in Million US$), Figure 15: China: Sorbitol Production Capacity (in 000 Mt), 2006, 2012 & 2017 Figure 16: China: Sorbitol Production (in 000 Mt), 2006, 2012 & 2017 Figure 17: China: Sorbitol Demand (in 000 Mt), 2006, 2012 & 2017 Figure 18: China: Sorbitol Production by Feedstock (in %), 2012 Figure 19: China: Corn Prices (in US$ /Mt), Jan Dec 2010 Figure 20: China Corn Prices (in US$ /Mt), Jan Dec 2013 Figure 21: China Wheat Prices (in US$ /MT), Jan Dec 2010 Figure 22: China Wheat Prices (in US$ /MT), Jan Dec 2013 Figure 23: China: Cassava Prices (in US$ /Mt), Aug Dec 2013 Figure 24: China: Corn, Wheat & Cassava Prices (in US$ Per Mt), Mar Dec 2013 Figure 25: China: Sorbitol Production Costs From Various Feedstocks (in US$ Per Mt), Mar Dec 2013 Figure 26: China Sorbitol Production Capacity Breakup by Manufacturers (in %), 2012 Figure 27: United States: Sorbitol Production Capacity (in 000 Mt), 2006, 2012 & 2017 Figure 28: United States: Sorbitol Production (in 000 Mt), 2006, 2012 & 2017 Figure 29: United States: Sorbitol Demand (in 000 Mt), 2006, 2012 & 2017 Figure 30: United States: Wheat Prices (in US$ /Mt), Jan Dec 2010 Figure 31: United States: Wheat Prices (in US$ /Mt), Jan Dec 2013 Figure 32: United States: Corn Prices (in US$ /Mt), Jan Dec 2010 Figure 33: United States: Corn Prices (in US$ /Mt), Jan Dec 2013 Figure 34: United States: Corn & Wheat Prices (in US$ Per Mt), Mar Dec 2013 Figure 35: United States: Sorbitol Production Costs (in US$ Per Mt), Mar Dec 2013 Figure 36: United States Sorbitol Production Capacity by Manufacturers (in %), 2012 Figure 37: Western Europe: Sorbitol Production Capacity (in 000 Mt), 2006, 2012 & 2017 Figure 38: Western Europe: Sorbitol Production (in 000 Mt), 2006, 2012 & 2017

8 List of Figures The Global Sorbitol Industry: Competitive Landscape Figure 39: Western Europe: Sorbitol Demand (in 000 Mt), 2006, 2012 & 2017 Figure 40: Western Europe: Sorbitol Production by Feedstock (in %), 2012 Figure 41: France Wheat Prices (in US$ /Mt), Jan Dec 2010 Figure 42: France Wheat Prices (in US$ /Mt), Jan Dec 2013 Figure 43: France: Corn Prices (in US$ /Mt), Jan Dec 2010 Figure 44: France: Corn Prices (in US$ /Mt), Jan Dec 2013 Figure 45: France: Corn & Wheat Prices (in US$ Per Mt). Mar Dec 2013 Figure 46: France: Sorbitol Production Costs From Corn & Wheat (in US$ Per Mt), Mar Dec 2013 Figure 47: Western Europe: Sorbitol Production Capacity by Key Producers (in %), 2012 Figure 48: Indonesia: Sorbitol Production Capacity (in 000 Mt), 2006, 2012 & 2017 Figure 49: Indonesia: Sorbitol Production (in 000 Mt), 2006, 2012 & 2017 Figure 50: Indonesia: Sorbitol Demand (in 000 Mt), 2006, 2012 & 2017 Figure 51: Indonesia: Sorbitol Production by Feedstock (in %), 2012 Figure 52: Indonesia: Cassava Prices (in US$ /Mt), Jan Dec 2010 Figure 53: Indonesia: Cassava Prices (in US$ /Mt), Jan Dec 2013 Figure 54: Indonesia: Corn Prices (in US$ /Mt), August Dec 2013 Figure 55: Indonesia: Corn & *Cassava Prices (in US$ Per Mt), Mar Dec 2013 Figure 56: Indonesia: Sorbitol Production Costs From Corn & Cassava (in US$ Per Mt), Mar Dec 2013 Figure 57: Indonesia: Sorbitol Production by Key Producers (in %), 2012 Figure 58: India: Sorbitol Production Capacity (in 000 Mt), 2006, 2012 & 2017 Figure 59: India: Sorbitol Production (in 000 Mt), 2006, 2012 & 2017 Figure 60: India: Sorbitol Demand (in 000 Mt), 2006, 2012 & 2017 Figure 61: India: Tapioca Prices (in US$ /Mt), Jan Dec 2010 Figure 62: India: Tapioca Prices (in US$ /Mt), Jan Dec 2013 Figure 63: India: Wheat Prices (in US$ /Mt), Jan Dec 2010 Figure 64: India: Wheat Prices (in US$ /Mt), Jan Dec 2013 Figure 65: India: Corn Prices (in US$ /Mt), Jan Dec 2010 Figure 66: India: Corn Prices (in US$ /Mt), Jan Dec 2013 Figure 67: India: Corn, Wheat & Cassava Prices (in US$ Per Mt), Mar Dec 2013 Figure 68: India: Sorbitol Production Costs From Corn, Wheat & Cassava (in US$ Per Mt), Mar Dec 2013 Figure 69: India: Sorbitol Production by Key Producers (in %), 2012 Figure 70: Sorbitol and By-Product Conversion Rates From Corn, Wheat and Cassava Figure 71: Global: Corn Supply & Demand (in Million Mt), Figure 72: Global: Corn Production by Country (in %), 2012 Figure 73: Global: Wheat Supply & Demand (in Million Mt), Figure 74: Global: Wheat Production by Country (in %), 2012 Figure 75: Global: Cassava Production (in Million Mt), Figure 76: Global: Cassava Production by Country (in %), 2010

9 List of Figures The Global Sorbitol Industry: Competitive Landscape Figure 77: Sorbitol Manufacturing Process Figure 78: Production of Starch Slurry Using Corn Figure 79: Production of Starch Slurry Using Wheat Figure 80: Production of Starch Slurry Using Cassava Figure 81: Production of Glucose Syrup From Starch Slurry Figure 82: Conversion of Glucose Syrup to Sorbitol Figure 83: Interchanging Sorbitol Feedstocks Figure 84: Roquette Frères SA: Production Breakup by Product, 2011 Figure 85: Shandong Tianli Pharmaceutical Co Limited: Capacity Breakup by Product, 2012 Figure 86: PT Sorini Agro Asia Corporindo Tbk : Production Capacity of Various Products (in Mt), Figure 87: PT Sorini Agro Asia Corporindo Tbk : Production Capacity of Various Products (in %),

10 List of Tables The Global Sorbitol Industry: Competitive Landscape Table 1: Global: Sorbitol Production Capacity by Key Producer Countries (in 000 Mt), 2006, 2012 & 2017 Table 2: Global: Sorbitol Production by Key Producer Countries (in 000 Mt), 2006, 2012 & 2017 Table 3: Global: Sorbitol Volume Demand by Region (in 000 Mt), 2006, 2012 & 2017 Table 4: Global: Sorbitol Feedstock Statistics (in Mt), 2012 Table 5: Global: Sorbitol Production Capacity Breakup by Manufacturers (in Mt), 2012 Table 6: Characteristics of Various Polyols Table 7: China: Sorbitol Feedstock Statistics (in Mt), 2012 Table 8: China: Sorbitol Production Capacity Breakup by Manufacturers (in Mt), 2012 Table 9: United States: Sorbitol Feedstock Statistics (in Mt), 2012 Table 10: United States: Sorbitol Production Capacity by Manufacturers (in Mt), 2012 Table 11: Western Europe: Sorbitol Feedstock Statistics (in Mt), 2012 Table 12: Western Europe: Sorbitol Production Capacity Statistics by Key Producers (in Mt), 2012 Table 13: Indonesia: Sorbitol Feedstock Statistics (in Mt), 2012 Table 14: Indonesia: Sorbitol Production Statistics by Key Producers (in Mt), 2012 Table 15: India: Sorbitol Feedstock Statistics (in Mt), 2012 Table 16: India: Sorbitol Production Statistics by Key Producers (in Mt), 2012 Table 17: *Price of Various Sorbitol By-products Table 18: Roquette Frères SA: Sorbitol Production Capacity, Production, Capacity Utilization, Feedstocks & Plant Locations Table 19: Roquette Frères SA: Product Overview Table 20: Cargill, Incorporated: Sorbitol Production Capacity, Production, Capacity Utilization, Feedstocks & Plant Locations Table 21: Ingredion Incorporated: Sorbitol Production Capacity, Production, Capacity Utilization, Feedstocks & Plant Locations Table 21: Archer Daniels Midland Company: Sorbitol Production Capacity, Production, Capacity Utilization, Feedstocks & Plant Locations Table 22: Shandong Tianli Pharmaceutical Co Limited: Sorbitol Production Capacity, Production, Capacity Utilization, Feedstocks & Plant Locations Table 23: PT Sorini Agro Asia Corporindo Tbk: Sorbitol Production Capacity, Production, Capacity Utilization, Feedstocks & Plant Locations Table 24: Nikken Fine Chemicals Co., Ltd.: Sorbitol Production Capacity, Production, Capacity Utilization, Feedstocks & Plant Locations Table 25: Global Sweeteners Holdings Limited: Sorbitol Production Capacity, Production, Capacity Utilization, Feedstocks & Plant Locations Table 26: Khalista (Liuzhou) Chemical Industries Ltd: Sorbitol Production Capacity, Production, Capacity Utilization, Feedstocks & Plant Locations

11 Sample Pages from the Report

12 About IMARC Group The International Market Analysis Research and Consulting Group is a leading advisor on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company s expertise. IMARC s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

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