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:
- Increasing awareness about health benefits associated with sorbic acid is also expected to fuel its demand in the near future.
- 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 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:
- 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
Highlights of The Sorbic Acid Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Food Grade
- Pharmaceutical Grade
- Industrial Grade
- By Application:
- Animal Feed
- Cosmetics
- Drug
- Packaging Materials
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- 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
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Sorbic acid is a white crystalline compound with the chemical formula C6H5O7. It is used as a food additive and preservative.
Some of the key players operating in the sorbic acid market are 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.
The sorbic acid market is expected to register a CAGR of 4.5%.
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
