Press release
Sorbates Global Market Size, Share, Growth, Trends, By Type, By Manufacturers, Technology, Application, Product Type, By Regional Forecast 2023-2032 | FBC Industries, Inc., Lubon Industry Co. Ltd., Wanglong Group, Celanese, Daicel Corporation
Sorbates Market
As per the sorbates market report by The Business Research Company, rising automation is expected to propel the growth of the sorbates market. Sorbates are components of automation systems such as robots, conveyor systems, and others in factories.
The global sorbates market size grew from $245.04 million in 2022 to $266.61 million in 2023 at a compound annual growth rate (CAGR) of 8.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The sorbates market size is expected to grow to $343.87 million in 2027 at a CAGR of 6.6%.
Read More On The Sorbates Market Report Here: https://www.thebusinessresearchcompany.com/report/sorbates-global-market-report
Major 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 sorbates market is segmented -
• By Type: Sorbic Acid, Potassium Sorbate, Other Types
• By Application: Food, Oils And Fats, Bakery And Confectionery, Dairy And Frozen Products, Snacks, Meat, Poultry, And Seafood, Beverages, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. North America was the largest region in the Sorbates.
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Sorbates are food preservatives that are easily soluble in water and protect the food from a wide spectrum of microorganisms including food-borne pathogens.
The Table of Content for The Sorbates Market Include:
1. Executive Summary
2. Sorbates Market Characteristics
3. Sorbates Market Trends And Strategies
4. Sorbates Market - Macro Economic Scenario
5. Sorbates Market Size And Growth
.....
26. Africa Sorbates Market
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
The "Global Sorbates Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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