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Global Sorbates Market 2022 | Business Overview, New Trends And Changes, Recent Developments, And Forecast To 2031
Sorbates Market
The regions covered in the sorbates market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. Among these regions, North America accounts for the largest sorbates market share.
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The sorbates market consists of sales of sorbates by entities (organizations, sole traders, and partnerships) that are easily soluble in water and protect the food from a wide spectrum of microorganisms including food-borne pathogens. Sorbates are esters and salts that are produced using sorbic acid. Sorbates are used as preservatives in pharmaceuticals, food, cosmetics, detergents, and feed.
Key competitors in the sorbates market include Nantong Acetic Acid Chemical, Sydney Essential Oil Company, Tengzhou Aolong Fine Chemical, APAC Chemical Corporation, Zhejiang Bossen Technology, Celanese, Sorbic International, FBC Industries Inc, Lubon Industry Co. Ltd., Wanglong Group, Shandong Hongda Biotechnology Co. Ltd., Jinneng Science and Technology Company Ltd., Advanced Inorganics, RuGao ChangJiang Food Co. Ltd., and Daicel Corporation.
The global sorbates market size is expected to grow from $230.41 million in 2021 to $242.93 million in 2022 at a compound annual growth rate (CAGR) of 5.4%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The sorbate market is expected to reach $308.45 million in 2026 at a CAGR of 6.2%.
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TBRC's report segments the global sorbates market:
1) By Type: Sorbic Acid, Potassium Sorbate, Others
2) By Application: Food, Oils and Fats, Bakery and Confectionery, Dairy and Frozen Products, Snacks, Meat, Poultry, and Seafood, Beverages, Others
Read Further On The Sorbates Market Here:
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The Table of Contents includes:
1. Executive Summary
2. Sorbates Market Characteristics
3. Sorbates Market Trends And Strategies
4. Impact Of COVID-19 On Sorbates
5. Sorbates Market Size And Growth
.....
27. Sorbates Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Sorbates Market
29. Sorbates Market Future Outlook and Potential Analysis
30. Appendix
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