Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Sorbic Acid Market by Type (Food Grade, Pharmaceutical Grade, Industrial Grade), By Application (Animal Feed, Cosmetics, Drug, Packaging Materials, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Sorbic Acid Market by Type (Food Grade, Pharmaceutical Grade, Industrial Grade), By Application (Animal Feed, Cosmetics, Drug, Packaging Materials, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 131833 3300 Chemical & Material 377 239 Pages 4.5 (31)
                                          

The global sorbic acid market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of the sorbic acid market is driven by its wide range of applications in various industries such as food and beverages, pharmaceuticals, cosmetics, and packaging materials. The food grade segment accounted for the largest share in 2018 due to its extensive use in food preservation and flavoring agents. The pharmaceutical grade segment is expected to grow at a CAGR of 5% during the forecast period owing to its use as an antimicrobial agent in various drugs such as antibiotics and antifungals.

Some Of The Growth Factors Of This Market:

  1. Increasing awareness about health benefits associated with sorbic acid is also expected to fuel its demand in the near future.
  2. The rising number of consumers opting for organic products over conventional ones will also boost the demand for sorbic acid in coming years as it is used as an organic preservative agent in many products such as cheese and wine among others.

Industry Growth Insights published a new data on “Sorbic Acid Market”. The research report is titled “Sorbic Acid Market research by Types (Food Grade, Pharmaceutical Grade, Industrial Grade), By Applications (Animal Feed, Cosmetics, Drug, Packaging Materials, Other), By Players/Companies Eastman, Solvay, Celanese, PT HALIM SAKTI PRATAMA, Qingdao Kaison Chemicals, Suzhou-Chem, Avatar, KIC Chemicals, Prinova, Continental Chemical, Rose Foodstuff Chemistry, Seidler Chemical, Wego Chemical & Mineral”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Sorbic Acid Market Research Report

By Type

Food Grade, Pharmaceutical Grade, Industrial Grade

By Application

Animal Feed, Cosmetics, Drug, Packaging Materials, Other

By Companies

Eastman, Solvay, Celanese, PT HALIM SAKTI PRATAMA, Qingdao Kaison Chemicals, Suzhou-Chem, Avatar, KIC Chemicals, Prinova, Continental Chemical, Rose Foodstuff Chemistry, Seidler Chemical, Wego Chemical & Mineral

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

239

Number of Tables & Figures

168

Customization Available

Yes, the report can be customized as per your need.


Global Sorbic Acid Industry Outlook


Global Sorbic Acid Market Report Segments:

The global Sorbic Acid market is segmented on the basis of:

Types

Food Grade, Pharmaceutical Grade, Industrial Grade

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Animal Feed, Cosmetics, Drug, Packaging Materials, Other

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Eastman
  2. Solvay
  3. Celanese
  4. PT HALIM SAKTI PRATAMA
  5. Qingdao Kaison Chemicals
  6. Suzhou-Chem
  7. Avatar
  8. KIC Chemicals
  9. Prinova
  10. Continental Chemical
  11. Rose Foodstuff Chemistry
  12. Seidler Chemical
  13. Wego Chemical & Mineral

Global Sorbic Acid Market Overview


Highlights of The Sorbic Acid Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Alpha Hydroxy Acid for Cosmetic Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Food Grade
    2. Pharmaceutical Grade
    3. Industrial Grade
  1. By Application:

    1. Animal Feed
    2. Cosmetics
    3. Drug
    4. Packaging Materials
    5. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Sorbic Acid Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Sorbic Acid Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available
                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Sorbic Acid Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Sorbic Acid Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Sorbic Acid Market - Supply Chain
   4.5. Global Sorbic Acid Market Forecast
      4.5.1. Sorbic Acid Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Sorbic Acid Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Sorbic Acid Market Absolute $ Opportunity

5. Global Sorbic Acid Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Sorbic Acid Market Size and Volume Forecast by Type
      5.3.1. Food Grade
      5.3.2. Pharmaceutical Grade
      5.3.3. Industrial Grade
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Sorbic Acid Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Sorbic Acid Market Size and Volume Forecast by Application
      6.3.1. Animal Feed
      6.3.2. Cosmetics
      6.3.3. Drug
      6.3.4. Packaging Materials
      6.3.5. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Sorbic Acid Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Sorbic Acid Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Sorbic Acid Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Sorbic Acid Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Sorbic Acid Demand Share Forecast, 2019-2029

9. North America Sorbic Acid Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Sorbic Acid Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Sorbic Acid Market Size and Volume Forecast by Application
      9.4.1. Animal Feed
      9.4.2. Cosmetics
      9.4.3. Drug
      9.4.4. Packaging Materials
      9.4.5. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Sorbic Acid Market Size and Volume Forecast by Type
      9.7.1. Food Grade
      9.7.2. Pharmaceutical Grade
      9.7.3. Industrial Grade
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Sorbic Acid Demand Share Forecast, 2019-2029

10. Latin America Sorbic Acid Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Sorbic Acid Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Sorbic Acid Market Size and Volume Forecast by Application
      10.4.1. Animal Feed
      10.4.2. Cosmetics
      10.4.3. Drug
      10.4.4. Packaging Materials
      10.4.5. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Sorbic Acid Market Size and Volume Forecast by Type
      10.7.1. Food Grade
      10.7.2. Pharmaceutical Grade
      10.7.3. Industrial Grade
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Sorbic Acid Demand Share Forecast, 2019-2029

11. Europe Sorbic Acid Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Sorbic Acid Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Sorbic Acid Market Size and Volume Forecast by Application
      11.4.1. Animal Feed
      11.4.2. Cosmetics
      11.4.3. Drug
      11.4.4. Packaging Materials
      11.4.5. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Sorbic Acid Market Size and Volume Forecast by Type
      11.7.1. Food Grade
      11.7.2. Pharmaceutical Grade
      11.7.3. Industrial Grade
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractivenss/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Sorbic Acid Demand Share, 2019-2029

12. Asia Pacific Sorbic Acid Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Sorbic Acid Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Sorbic Acid Market Size and Volume Forecast by Application
      12.4.1. Animal Feed
      12.4.2. Cosmetics
      12.4.3. Drug
      12.4.4. Packaging Materials
      12.4.5. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Sorbic Acid Market Size and Volume Forecast by Type
      12.7.1. Food Grade
      12.7.2. Pharmaceutical Grade
      12.7.3. Industrial Grade
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Sorbic Acid Demand Share, 2019-2029

13. Middle East & Africa Sorbic Acid Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Sorbic Acid Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Sorbic Acid Market Size and Volume Forecast by Application
      13.4.1. Animal Feed
      13.4.2. Cosmetics
      13.4.3. Drug
      13.4.4. Packaging Materials
      13.4.5. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Sorbic Acid Market Size and Volume Forecast by Type
      13.7.1. Food Grade
      13.7.2. Pharmaceutical Grade
      13.7.3. Industrial Grade
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Sorbic Acid Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Sorbic Acid Market: Market Share Analysis
   14.2. Sorbic Acid Distributors and Customers
   14.3. Sorbic Acid Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Eastman
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Solvay
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Celanese
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. PT HALIM SAKTI PRATAMA
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Qingdao Kaison Chemicals
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Suzhou-Chem
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Avatar
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. KIC Chemicals
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Prinova
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Continental Chemical
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Rose Foodstuff Chemistry
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Seidler Chemical
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. Wego Chemical & Mineral
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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