Humectant Market Touted to Reach and Estimated $28.78 Billion by 2025

Global Humectants Market Research Growth, Trend and Forecast 2018

Planet Market Research has recently added a report on the global humectants industry titled the Global Humectants Market, Industry Analysis, Size, Share, Growth, Trends and Forecast To 2025. The study is a detailed analysis of the market for humectants and covers various driving factors, opportunities and challenges for the market growth in the forecast period 2017–2025.

Humectant is a substance that has a property of helping things retain their moisture. This is mostly used in food & beverages and cosmetics. The global humectants market growth is propelled by the fact that the use of this substance increases a product’s shelf life and enhances its effectiveness. This increase in demand from food & beverage industry and technological changes in the cosmetics industry will augment the demand for global humectants market.

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Infographics:

The global humectants industry was valued at $20.93 billion in 2016 and is poised to scale up to $28.78 billion by the end of the forecast period. This will be supported by a CAGR of 3.6% from 2017–2023.

Market Dynamics:

1.Market Drivers
1.1 Growing demand for bakery and other such products
1.2 Growing demand for natural ingredients 
1.3 Increase in demand for functional foods
2. Market Restraints
2.1 Lack of awareness about the benefits of humectants
Market Segmentation:

The global Humectants Market is segmented on the basis of source, type, application, and region.

1.Global Humectants Market, by Source:

1.1 Synthetic 
1.2 Natural 
1.2.1 Plant-Based
1.2.2 Animal-Based

2. Global Humectants Market, by Type:

2.1 Sugar Alcohols 
2.2 Glycerol 
2.3 Glycols 
2.4 Alpha Hydroxy Acids AHAS 
2.5 Polysaccharides 
2.6 Others

3. Global Humectants Market, by Application:

3.1 Food & Beverages 
3.1.1 Bakery & Confectionery Products
3.1.2 Beverages
3.1.3 Functional & Nutritional Foods
3.2 Personal Care Products 
3.3 Animal Feed
3.4 Pharmaceuticals
3.5 Others

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4. Global Humectants Market, by Region:

4.1 North America U.S., Canada, Mexico 
4.2 Europe Germany, UK, France, Rest of Europe 
4.3 Asia Pacific China, India, Japan, Rest of Asia Pacific 
4.4 Latin America Brazil, Argentina, Rest of Latin America 
4.5 Middle East & Africa

The market study includes a detailed report on the global humectants market types on the basis of application. It also covers the geographical expansion of the market in each country along with a survey of the leading market players in humectants industry.

Key market players covered in the report:

1.Corbion N.V. 
2. Batory Foods 
3. Ashland Global Holdings Inc.
4. Barentz 
5. Brenntag AG 
6. The DOW Chemical Company 
7. Ingredion Incorporated 
8. Roquette Frères 
9. E. I. Du Pont De Nemours and Company 
10. Archer Daniels Midland Company 
11. BASF SE 
12. Cargill 

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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