Global Sorbic Acid Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

List of Tables

The global demand for Sorbic Acid Market is presumed to reach the market size of nearly USD 794.9 Million by 2032 from USD 512.4 Million in 2023 with a CAGR of 5.55% under the study period 2024-2032.

'Sorbic acid is a naturally occurring organic compound that's become the most commonly used food preservative worldwide. It's highly effective at inhibiting the growth of mold, which can spoil food and spread fatal diseases. Sorbic acid is most commonly found in foods, animal feeds, pharmaceutical drugs, and cosmetics. It is also used in toothpaste, tobacco, latex, medicines, grains, paper manufacturing, and pesticides. Sorbic acid is also used in winemaking along with sulfur dioxide, which helps conversion of sorbic acid to alcohol and thus negating the nasty smell of ether.

MARKET DYNAMICS

The market is predominantly driven by rising interest in organic and natural acid across various industrial domains in the upcoming years. Consumer preferences towards organic and natural acid in food and beverage products are also propelling the demand. The growing use of convenience food products due to change in lifestyle is expected to fuel the growth of the food and beverage industry, which in turn will contribute to the growth in revenue of the global sorbic acid market. The growing use of protein drinks in the sports sector and awareness regarding quality preservatives contribute to the growth of the sorbic acid market. Further, rising demand from other industrial domains, including cosmetics & personal care, pharmaceutical, animal feed, and chemical, are projected to provide lucrative opportunities. However, toxicity issues related to sorbic acid restrains the growth of the market.'

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Sorbic Acid. The growth and trends of Sorbic Acid industry provide a holistic approach to this study.

MARKET SEGMENTATION

This section of the Sorbic Acid market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Form

Powder
Encapsulated

By Application

Food & Beverages (Fruits & Vegetables, Meat & Seafood, Dairy Products, Bakery Products, Frozen Desserts, Alcoholic Beverages, Non-alcoholic Beverages, Others)
Animal Feed
Pharmaceuticals
Cosmetics
Chemical Production
Others (including Detergents)

REGIONAL ANALYSIS

This section covers the regional outlook, which accentuates current and future demand for the Sorbic Acid market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Sorbic Acid market include Celanese Corporation, Wanglong Tech Co Ltd., Sorbic International PLC, Daicel Nanning Food Ingredients Co Ltd., Nantong Acetic Acid Chemical Co Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Product Code: VMR11214869

1. PREFACE

1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology

2. EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3. SORBIC ACID - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Form
- 3.7.2 Market Attractiveness Analysis By Application
- 3.7.3 Market Attractiveness Analysis By Region

4. VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend

5. GLOBAL SORBIC ACID MARKET ANALYSIS BY FORM

5.1. Overview By Form
5.2. Historical and Forecast Data Analysis By Form
5.3. Powder Historic and Forecast Sales By Regions
5.4. Encapsulated Historic and Forecast Sales By Regions

6. GLOBAL SORBIC ACID MARKET ANALYSIS BY APPLICATION

6.1. Overview By Application
6.2. Historical and Forecast Data Analysis By Application
6.3. Food & Beverages (Fruits & Vegetables, Meat & Seafood, Dairy Products, Bakery Products, Frozen Desserts, Alcoholic Beverages, Non-alcoholic Beverages, Others) Historic and Forecast Sales By Regions
6.4. Animal Feed Historic and Forecast Sales By Regions
6.5. Pharmaceuticals Historic and Forecast Sales By Regions
6.6. Cosmetics Historic and Forecast Sales By Regions
6.7. Chemical Production Historic and Forecast Sales By Regions
6.8. Others (including Detergents) Historic and Forecast Sales By Regions

7. GLOBAL SORBIC ACID MARKET ANALYSIS BY GEOGRAPHY

7.1. Regional Outlook
7.2. Introduction
7.3. North America Sales Analysis
- 7.3.1 Overview, Historic and Forecast Data Sales Analysis
- 7.3.2 North America By Segment Sales Analysis
- 7.3.3 North America By Country Sales Analysis
- 7.3.4 United States Sales Analysis
- 7.3.5 Canada Sales Analysis
- 7.3.6 Mexico Sales Analysis
7.4. Europe Sales Analysis
- 7.4.1 Overview, Historic and Forecast Data Sales Analysis
- 7.4.2 Europe By Segment Sales Analysis
- 7.4.3 Europe By Country Sales Analysis
- 7.4.4 United Kingdom Sales Analysis
- 7.4.5 France Sales Analysis
- 7.4.6 Germany Sales Analysis
- 7.4.7 Italy Sales Analysis
- 7.4.8 Russia Sales Analysis
- 7.4.9 Rest Of Europe Sales Analysis
7.5. Asia Pacific Sales Analysis
- 7.5.1 Overview, Historic and Forecast Data Sales Analysis
- 7.5.2 Asia Pacific By Segment Sales Analysis
- 7.5.3 Asia Pacific By Country Sales Analysis
- 7.5.4 China Sales Analysis
- 7.5.5 India Sales Analysis
- 7.5.6 Japan Sales Analysis
- 7.5.7 South Korea Sales Analysis
- 7.5.8 Australia Sales Analysis
- 7.5.9 South East Asia Sales Analysis
- 7.5.10 Rest Of Asia Pacific Sales Analysis
7.6. Latin America Sales Analysis
- 7.6.1 Overview, Historic and Forecast Data Sales Analysis
- 7.6.2 Latin America By Segment Sales Analysis
- 7.6.3 Latin America By Country Sales Analysis
- 7.6.4 Brazil Sales Analysis
- 7.6.5 Argentina Sales Analysis
- 7.6.6 Peru Sales Analysis
- 7.6.7 Chile Sales Analysis
- 7.6.8 Rest of Latin America Sales Analysis
7.7. Middle East & Africa Sales Analysis
- 7.7.1 Overview, Historic and Forecast Data Sales Analysis
- 7.7.2 Middle East & Africa By Segment Sales Analysis
- 7.7.3 Middle East & Africa By Country Sales Analysis
- 7.7.4 Saudi Arabia Sales Analysis
- 7.7.5 UAE Sales Analysis
- 7.7.6 Israel Sales Analysis
- 7.7.7 South Africa Sales Analysis
- 7.7.8 Rest Of Middle East And Africa Sales Analysis

8. COMPETITIVE LANDSCAPE OF THE SORBIC ACID COMPANIES

8.1. Sorbic Acid Market Competition
8.2. Partnership/Collaboration/Agreement
8.3. Merger And Acquisitions
8.4. New Product Launch
8.5. Other Developments

9. COMPANY PROFILES OF SORBIC ACID INDUSTRY

9.1. Top Companies Market Share Analysis
9.2. Market Concentration Rate
9.3. Celanese Corporation
- 9.3.1 Company Overview
- 9.3.2 Company Revenue
- 9.3.3 Products
- 9.3.4 Recent Developments
9.4. Wanglong Tech Co Ltd.
- 9.4.1 Company Overview
- 9.4.2 Company Revenue
- 9.4.3 Products
- 9.4.4 Recent Developments
9.5. Sorbic International PLC
- 9.5.1 Company Overview
- 9.5.2 Company Revenue
- 9.5.3 Products
- 9.5.4 Recent Developments
9.6. Daicel Nanning Food Ingredients Co Ltd.
- 9.6.1 Company Overview
- 9.6.2 Company Revenue
- 9.6.3 Products
- 9.6.4 Recent Developments
9.7. Nantong Acetic Acid Chemical Co Ltd
- 9.7.1 Company Overview
- 9.7.2 Company Revenue
- 9.7.3 Products
- 9.7.4 Recent Developments

Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies