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Sorbates Market Poised for 7.512% % Growth, Set to Hit $6 Billion by 2029

02-25-2025 07:40 AM CET | Aerospace & Defense

Press release from: The Business Research Company

Sorbates Market

Sorbates Market

What industry-specific factors are fueling the growth of the sorbates market?
The surge in worldwide consumption of processed food is propelling the sorbates market. Changing food habits, busy lifestyles, along with the COVID-19 pandemic, have led to a rise in the demand for ready-to-eat and packaged foods. Sorbates, used in these processed foods, help in prolonging their freshness. For example, the Fast-Food Statistics 2022 report explains that in the United States, 23% of adults have fast food thrice or more every week, 34% of children aged between 2 to 19 years eat fast food daily, and 80% of Americans visit a fast-food joint at least once a month. Hence, the escalating consumption of processed food is projected to boost the need for sorbates in the approaching years.

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What Is the projected market size and growth rate for the sorbates market?
The market size of sorbates have seen significant growth in the past few years, going from a total of $279.31 billion in 2024 to an expected $298.82 billion in 2025, a compound annual growth rate (CAGR) of 7.0%. This rise during the historic period can be linked with factors such as the consumers' increased need for an extended product shelf life, a heightened demand for processed and convenience foods, the food and beverage industry's growth, a rising awareness concerning food safety and preservation, coupled with a growing demand for natural food items with clean labels.

In the coming years, the sorbates market is projected to experience considerable growth, with an anticipated value of $399.24 billion by 2029, reflecting a compound annual growth rate (CAGR) of 7.5%. This growth during the predicted period is largely due to factors such as the rising demand for organic and natural food products, increasing need for food preservatives in burgeoning nations, and the growing popularity of frozen and packaged food items, e-commerce, and direct-to-consumer sales in emerging markets. Upcoming trends likely to impact this period comprise advancements in food conservation technology, research and development to craft novel sorbate solutions, sorbate customization, as well as a shift towards clean label preservatives and sustainable package solutions.

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What new trends are reshaping the sorbates market and its opportunities?
The key players in the sorbates market are primarily focusing on the introduction of innovative products like natural potassium sorbate in order to satisfy the growing consumer demand for natural and clean-label food preservatives. Natural Potassium Sorbate is a naturally sourced compound, extracted from sorbic acid and majorly employed as a food preservative to contain the growth of mold and yeast. This compound is celebrated for its safety and efficacy in prolonging the shelf life of numerous food and beverage products. For example, Evident Ingredients, a manufacturing company from Germany unveiled Evicide Potassium Sorbate Eco in September 2024. This product boasts potent antimicrobial attributes to restrain the growth of mold, yeast, and fungi in personal hygiene products. Having received COSMOS approval, it is apt for natural formulations, thus attracting eco-conscious brands. This product, suitable for use in conditioners, shampoos and wet wipes, marries efficacy with sustainability in the realm of cosmetics.

What major market segments define the scope and growth of 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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Which region dominates 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.

Which key market leaders are driving the sorbates industry growth?
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.

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What Is Covered In The Sorbates Global Market Report?

•Market Size Forecast: Examine the sorbates market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the sorbates market for a structured understanding.
•Key Players Overview: Analyze major players in the sorbates market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the sorbates market.
•Segment Contributions: Evaluate how different segments drive overall growth in the sorbates market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the sorbates market.
•Industry Challenges: Identify potential risks and obstacles affecting the sorbates market.
•Competitive Landscape: Review strategic developments in the sorbates market, including expansions, agreements, and new product launches.

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