The Global Sorbic Acid Market is expected to grow at a CAGR of XX% during the forecast period. Sorbic acid is 2, 4-hexadecenoic acid and naturally occurring mineral salts. It is primarily used as a food preservative. Sorbic acid is isolated from the Sorbus Aucuparia berries. Sorbic acid is an unsaturated fatty acid having inhibitory effects against yeasts and bacteria. It has anti-fungus and anti-decomposition properties. Thus, it is used in foods due to its functional and medicinal properties. It has wide applications in grains, cosmetics, toothpaste, latex, tobacco, paper manufacturing, animal feed, and pesticides. Rising awareness concerning quality preservatives and medicinal properties of sorbic acid contributes to the sorbic acid market growth.
Market dynamics
The increasing use of synthetic preservatives similar to sorbic acid is expected to be a major demand driver for the global sorbic acid market. Rising applications of packaged food products owing to changing lifestyles are projected to stimulate the food and beverage industry, which eventually contributes to market growth.
Sorbic acid is widely used in protein drinks. Thus, the growing sports sector boosts market demand. Sorbic acid is used in wine-making with sulfur dioxide to minimize the stinking smell of ether. Its key characteristics are useful for preservatives used for cheese-based products. The market is impacted positively owing to raised approval rate for habitual use of sorbic acid from global authorities such as the U.S. Food and Drug Administration (FDA).
However, the allergic reaction among consumers to sorbic acid is expected to hamper the market growth. Also, toxicity issues associated with sorbic acid limit the market growth. In addition, stringent government regulations regarding sorbic acid concentrations mainly used in artificial preservatives are also projected to restrain the global sorbic acid market growth.
Market Segmentation
Global sorbic acid market can be broadly segmented on the basis of ingredients, end-use, and region. The global sorbic acid market can be segmented based on the ingredients as activated Carbon, microcrystalline cellulose (MCC), phosphorous chemicals, methyl cellulose, Ethyl cellulose, and Succinic Acid. The global sorbic acid market application includes food and beverage, chemicals, Animal Feed, Cosmetics, pharmaceutical, other. Region wise, global sorbic acid market is segmented as North America, Europe, Asia-Pacific, Middle East and Africa, and South America.
Based on Ingredients
Based on the ingredients, the market is segmented into activated carbon, microcrystalline cellulose (MCC), phosphorous chemicals, methylcellulose, ethylcellulose, and succinic acid. Owing to wide applications of microcrystalline cellulose (MCC), the high demand for microcrystalline cellulose is expected to drive the market growth. It is a cultured wood pulp used as an anti-caking agent, an emulsifier, a fat substitute, and a bulking agent in food production. Majorly it is used in vitamin supplements or tablets. Also, ethylcellulose is witnessing higher growth and expected to propel the market due to its wide applications in coating papers and cosmetics as thickeners.
Based on Application
The applications of the global sorbic acid market include food and beverage, animal feed, cosmetics, pharmaceutical, chemical, and others. The demand for sorbic acid in food and beverage has been witnessing higher growth and it is expected to drive the market growth. Owing to the antimicrobial and anti-caking properties, the demand for sorbic acid has been increased. It acts as a protecting agent for various food from yeast spoilage. Thus, the food and beverage sector is witnessing higher market growth.
The market is driven by animal feed owing to the demand for veterinary products. Sorbic acid is used at the maximum proposed dose in feed for poultry, pigs, dogs and cats and young ruminants. It provides strong protection against numerous molds, yeast and many bacteria in animal diet food. Growth of several mycotoxin-forming molds is also inhibited due to sorbic acid. It is a fatty acid similar to those found naturally in foods. Sorbic acid is only sparingly soluble in water. Therefore, sorbic acid is mainly used in products with low water content that is essential in baking food items and fatty media.
Regional Analysis
The market is divided by region as North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America has shown major growth in recent years due to the rise in the developments of the latest technologies in the food and beverage industry. An increase in the number of research and development activities, changing lifestyles in the region and, well-established industrial infrastructure is impacting the regional market growth.
Asia-Pacific is expected to hold a major share in the sorbic acid market. The emerging economies, such as China, India, and Japan are leading the Asia-Pacific market. These economies are witnessing strong economic growth along with rising disposables income providing more opportunities in the region. Additionally, increasing demand for packaged food products, changing food habits, and profitable investment by leading market players propelling the market across the Asia-Pacific region.
Competitive Analysis
The initiatives undertaken by the market players operating in the market across the globe mainly comprise of new product launches strategic alliances help companies to offer more product offerings in the market. The key players in the sorbic acid market are Solvay S.A., Eastman Co., Celanese Co., Qingdao Kaison Chemicals Co., Ltd., Pt Halim Sakti Pratama Ltd, Suzhou-Chem, Inc., Avatar Co., Prinova USA Co., and KIC Chemicals, Inc.
Key developments
- Nutrinova, Sorbic Acid from Celanese Food Ingredients, Germany has received a predictable product quality reward from Hazard Analysis and Critical Control Points (HACCP).
Market Segmentation:
Sorbic Acid Market, by Ingredients
- Activated Carbon
- Microcrystalline cellulose (MCC)
- Phosphorous chemicals
- Methyl cellulose
- Ethyl cellulose
- Succinic Acid
Sorbic Acid Market, by Application
- Food and beverage
- Chemicals
- Animal Feed
- Cosmetics
- Pharmaceutical
- Others
Sorbic Acid Market, by Region
- North America Sorbic Acid Market
- By Country (The U.S., Canada, Mexico)
- By Ingredients
- By Application
- Europe Sorbic Acid Market
- By Country (Germany, Russia, UK, France, Italy, Spain, Rest of Europe)
- By Ingredients
- By Application
- Asia Pacific Sorbic Acid Market
- By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
- By Ingredients
- By Application
- Middle East& Africa Sorbic Acid Market
- By Country (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East& Africa)
- By Ingredients
- By Application
- South America Sorbic Acid Market
- By Country (The UAE, Saudi Arabia, Qatar, South Africa, The Rest of Middle East and Africa)
- By Ingredients
- By Application
Reasons to Buy This Report:
- Market size estimation of the global sorbic acid market on a regional and global basis
- Unique research usage for market size estimation and forecast
- Profiling of major companies operating in the market with key developments
- Broad scope to cover all the possible segments helping every stakeholder in the market
Customization:
We provide customization of the study to meet specific requirements:
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