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Sorbates: A Leading Driver Behind Rising Demand For Processed Foods Fuels Sorbates Market Market Expansion in 2025
Sorbates Market
What Will the Sorbates Industry Market Size Be by 2025?
In recent years, the size of the sorbates market has seen robust growth. The market is projected to expand from $279.31 billion in 2024 to $298.82 billion in 2025, with a compound annual growth rate (CAGR) of 7.0%. The historic period's growth is primarily due to consumers seeking longer shelf life and a surge in the demand for processed and convenient foods. In addition, the expansion of the food and beverage industry, the increased consciousness about food safety and preservation, and the rising demand for clean-label and natural food products have all contributed to this growth.
What's the Long-Term Growth Forecast for the Sorbates Market Size Through 2029?
Anticipated robust expansion is on the horizon for the sorbates market, with projections showing it reaching a valuation of $399.24 billion in 2029, representing a compound annual growth rate (CAGR) of 7.5%. This promising outlook during the forecast period can be ascribed to the growing demand for organic and natural food products, the expanding requirement for food preservatives in emerging economies, the surged demand for frozen and packaged food items, the rise of e-commerce and direct-to-consumer sales, and the expansion of emerging marketplaces. Stratagems that could shape the market trend in the forecast period embrace technological progress made in food preservation methods, research and development initiatives striving to produce state-of-the-art sorbate solutions, modification of sorbates, clean-label preservatives, and environmentally-friendly packaging options.
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What Are the Key Growth Drivers Fueling the Sorbates Market Expansion?
The global uptake of processed food is propelling the expansion of the sorbates market. The rising demand for packaged and ready-to-eat food items is attributed to hectic schedules, altered food habits of people worldwide, and the ongoing COVID-19 crisis. Sorbates serve to prolong the freshness of processed foods. For example, the Fast-Food Statistics 2022 report points out that in the US, about 23% adults consume fast food thrice or more weekly, 34% of children between 2 to 19 years partake in fast food daily, and 80% of Americans stop by a fast-food joint at least once monthly. Hence, the escalating intake of processed food is anticipated to boost the need for sorbates in the forthcoming years.
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What Are the Key Trends Driving Sorbates Market Growth?
Top businesses in the sorbates market are prioritizing the development of unique products such as natural potassium sorbate to cater to the increasing consumer preference for natural and clean-label food preservatives. Natural Potassium Sorbate, a compound naturally derived from sorbic acid, is used extensively for preserving food because it effectively inhibits the growth of mold and yeast. This property makes it highly valued for enhancing the longevity of a variety of beverages and food items. For example, Evident Ingredients, a German manufacturing firm, introduced Evicide Potassium Sorbate Eco in September 2024. This product offers potent antimicrobial characteristics that hinder the proliferation of mold, yeast, and fungi in personal hygiene products. Thanks to its COSMOS certification, it's perfectly suited for natural mixtures, making it attractive to eco-friendly brands. It's beneficial for use in products like conditioners, shampoos, and wet wipes, merging effectiveness with sustainability in the beauty sector.
How Is the Sorbates Market Segmented?
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 Companies Are Leading the Charge in Sorbates Market Innovation?
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.
Which Regions Are Leading the Global Sorbates Market in Revenue?
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.
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