The Business Research Company’s report on the Sorbates Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the primary drivers fueling the growth of the sorbates market in recent years?
An increase in the consumption of processed food across the globe is driving the growth of the sorbates market. Due to busy lives, changing eating patterns of the global population, and the spread of the COVID-19 pandemic, demand for packaged and ready-to-eat food is increasing. Sorbates are used in processed foods to keep them fresh for longer periods. For instance, according to the Fast-Food Statistics 2022 report, in the US, 23% of the adults eat fast food meals three or more times a week while 34% of children aged 2 to 19 years eat fast food daily and 80% of Americans visit a fast-food outlet once a month. Therefore, the increasing consumption of processed food is expected to drive the demand for sorbates the over coming years.
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What is the projected market size of the sorbates industry, and how is it expected to grow?
The sorbates market size has grown strongly in recent years. It will grow from $279.31 billion in 2024 to $298.82 billion in 2025 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to consumer demand for longer shelf life, increased demand for processed and convenience foods, expansion of the food and beverage industry, growing awareness about food safety and preservation, rise in demand for natural and clean-label food products.
The sorbates market size is expected to see strong growth in the next few years. It will grow to $399.24 billion in 2029 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to increasing demand for natural and organic food products, growing demand for food preservatives in developing countries, increasing demand for frozen and packaged food products, e-commerce and direct-to-consumer sales, emerging markets. Major trends in the forecast period include technological advancements in food preservation techniques, research and development to create innovative sorbate solutions, customization of sorbate, clean label preservatives, sustainable packaging solutions.
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Who are the key players driving competition in the sorbates market?
Major companies operating in the sorbates market include Nantong Acetic Acid Chemical Co.Ltd., Tengzhou Aolong Fine Chemical Co.Ltd., APAC Chemical Corporation, Zhejiang Bossen Technology Co.Ltd., Celanese Corporation, Sorbic International plc, FBC Industries Inc, Lubon Industry Co.Ltd., Wanglong Group Co.Ltd., Shandong Hongda Biotechnology Co.Ltd., Jinneng Science and Technology Company Ltd., Advanced Inorganics Inc., RuGao ChangJiang Food Co.Ltd., Daicel Corporation, A.M. Food Chemical Co. Limited, Farchemia Srl, Triveni Interchem Pvt. Ltd., Fine Organics Industries Pvt. Ltd., Bartek Ingredients Inc., Qiancheng Chemical Co.Ltd., Tharakan and Company, Tate & Lyle plc, Hangzhou Kalong Trade Co.Ltd., Ningbo Kodobio Chemical Co.Ltd., Auro Chemicals, Lianyungang Dongtai Food Ingredients Co.Ltd., Spectrum Chemical Mfg. Corp., I. G. Petrochemicals Ltd.
What key trends are expected to drive the sonar systems market during the forecast period?
Major companies operating in the sorbates market are focusing on developing innovative products, such as natural potassium sorbate, to meet the rising consumer demand for clean-label and natural food preservatives. Natural Potassium Sorbate A naturally occurring compound derived from sorbic acid, used primarily as a food preservative to inhibit mold and yeast growth. It is recognized for its safety and effectiveness in extending the shelf life of various food products and beverages. For instance, in September 2024, Evident Ingredients, a Germany-based manufacturing company, launched Evicide Potassium Sorbate Eco, offering strong antimicrobial properties to prevent the growth of fungi, yeast, and mold in personal care products. Its COSMOS approval makes it suitable for natural formulations, appealing to eco-conscious brands. Ideal for use in shampoos, conditioners, and wet wipes, it combines effectiveness with sustainability in the cosmetics industry.
Which key geographies are driving the growth of the sorbates market?
North America was the largest region in the sorbates market in 2024. The regions covered in the sorbates market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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What are the key segments driving growth in the sorbates market?
The sorbates market covered in this report is segmented –
1) By Type: Sorbic Acid, Potassium Sorbate, Other Types
2) By Application: Food, Oils And Fats, Bakery And Confectionery, Dairy And Frozen Products, Snacks, Meat, Poultry, And Seafood, Beverages, Other Applications
Subsegments:
1) By Sorbic Acid: Food-Grade Sorbic Acid, Industrial-Grade Sorbic Acid, Sorbic Acid for Personal Care Products
2) By Potassium Sorbate: Food-Grade Potassium Sorbate, Industrial-Grade Potassium Sorbate, Potassium Sorbate for Personal Care Applications
3) By Other Types: Calcium Sorbate, Sodium Sorbate, Other Sorbate Derivatives
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What defines the structure and scope of the sorbates market?
Sorbates refer to a group of chemical compounds, primarily sorbic acid and its salts, used as preservatives in food, cosmetics, and pharmaceuticals. They help inhibit the growth of mold, yeast, and bacteria, extending the shelf life of products. Sorbates are effective at low concentrations, making them a popular choice for maintaining food safety and quality.
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