- Potassium Sorbate
- Sorbic Acid
- Others
Sorbates Market size was valued at USD 358.4 million in 2023 and is poised to grow at a significant CAGR of 5.8% over 2024-2030. Sorbate is an unsaturated fatty acid identified to have inhibitory effects against a wide range of microorganisms including food-borne pathogens. They are simply soluble in water and display the highest efficiency in the pH range of 4-6.5. Sorbates are used in very low concentrations of 0.025% in the finished food items.
The global sorbates market growth is anticipated to witness significant overall growth attributable to aspects such as growing population, and increasing disposable income. Furthermore, the wide range of applications of sorbates in various industries such as food and beverages, Pharmaceuticals, chemical, halal cosmetics, feed, leather, and paint also the rising demand for an artificial preservative in pharmaceuticals and health sector is projected to boost the overall demand for sorbates during the forecasted period.
Additionally, a continuous increase in the consumption of processed, packaged, and ready-to-eat food due to busy lives, changes in eating patterns, and with the spread of the coronavirus, a pandemic will further increase the demands for sorbates as preservatives in the food and beverages industries. For instance, as per the Medical News Report in 2020, the global consumption of processed food is listed as 20-60% of a person's daily intake, which contains baked goods, frozen, ready meals, packaged bread, and processed cheese products. Furthermore, as per the Fast-Food Statistics 2021 report, in the US, 23% of the adults take fast food meals three or more times a week while 34% of children of 2 to 19 years eat fast food daily and 80% of americans visit a fast-food restaurant once a month. With these factors, the sorbates market would expect to grow exponentially over the forecasted period.
Sorbates Market key Developments:
- In July 2021, the Department of Food Science and Technology in Brazil developed a capillary electrophoresis technique to control the concentrations of sorbate and benzoate in brazilian samples of tomato sauce mustard and ketchup.
Sorbates Market Summary
Study Period
2024 - 2030
Base Year
2023
CAGR
5.8%
Largest Market
Asia Pacific
Fastest Growing Market
North America
Sorbates Market Dynamics
The Sorbates Market is growing due to the extensive application of sorbates such in food & beverage, pharmaceuticals, oils & fats industries, and many more. Furthermore, sorbates market growth is propelled by extensive usage of sorbates as artificial preservatives in the pharmaceutical industry. Also, the growing demand for packaged food is expected to hike the overall demand for artificial preservatives which in turn expand the sorbates market globally in the coming next few years. Moreover, the Sorbates market is constrained by the presence of stringent environmental regulations regarding the use of sorbates in various applications.
North-America Got Significant Share
Sorbates Market Regional Analysis
North America will be the leading region with a significant revenue share in the global sorbate market over the forecast period. As North America is the center of manufacturing and consumption of sorbates in various applications among all other regions. Furthermore, US and Canada are the prominent markets for potassium sorbate in North America consequently this region will continuously expand the sorbates market in the current time as well as in the coming years. The Asia Pacific is witnessed hold a remarkable revenue share in the sorbates market owing to increasing population which consequently enhances the demand for potassium sorbate for applications and expanding the chemical, coating, and paints industry, in emerging economies countries such as India, and China.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The sorbates market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
- The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and startup details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
- The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Sorbates Market Segmentation
By Type
By Application
- Oils & Fats
- Meat, Poultry, & Seafood
- Bakery & Confectionery
- Dairy & Frozen Products
- Sauces, Savory, & Dressings
- Cosmetic
- Pharmaceuticals
- Snacks
- Beverages
- Feed
- Others (Detergents)
By Geography
- North America
- Europe
- The Asia Pacific
- Latin America
- MEA
Frequently Asked Questions
The sorbates market is projected to expand at a CAGR of 5.8% during the forecast period.
Nantong Acetic Acid Chemical Co. Ltd, Sydney Essential Oil Company, APAC Chemical Corporation, Zhejiang Bossen Technology Co., Seidler Chemical Co, Inc
North America is the fastest growing region for sorbates market
| 1. Executive Summary |
| 2. Global Sorbates Market Introduction |
| 2.1. Global Sorbates Market Taxonomy |
| 2.2. Global Sorbates Market Definitions |
| 2.2.1. Type |
| 2.2.2. Application |
| 2.2.3. Geography |
| 3. Global Sorbates Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Sorbates Market Dynamic Factors - Impact Analysis |
| 3.6. Global Sorbates Market Competition Landscape |
| 4. Global Sorbates Market Analysis,2019 - 2023 and Forecast, 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Sorbates Market, By Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.1. Potassium Sorbate |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Sorbic Acid |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Others |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6. Global Sorbates Market Forecast, By Application,2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.1. Oils & Fats |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Meat, Poultry, & Seafood |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Bakery & Confectionery |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Dairy & Frozen Products |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Sauces, Savory, & Dressings |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Cosmetics |
| 6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 6.7. Pharmaceuticals |
| 6.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.7.3. Market Opportunity Analysis |
| 6.8. Snacks |
| 6.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.8.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.8.3. Market Opportunity Analysis |
| 6.9. Beverages |
| 6.9.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.9.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.9.3. Market Opportunity Analysis |
| 6.10. Others (Detergents) |
| 6.10.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.10.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.10.3. Market Opportunity Analysis |
| 7. Global Sorbates Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia-Pacific |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Latin America |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Middle East and Africa |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Global Sorbates Market - Opportunity Analysis Index, By Type, Application, and Region, 2024 - 2030 |
| 8. North America Sorbates Market Analysis,2019 - 2023and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 8.1. Type Analysis 2019 - 2023and Forecast 2024 - 2030by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1. Potassium Sorbate |
| 8.1.2. Sorbic Acid |
| 8.1.3. Others |
| 8.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 8.2.1. Oils & Fats |
| 8.2.2. Meat, Poultry, & Seafood |
| 8.2.3. Bakery & Confectionery |
| 8.2.4. Dairy & Frozen Products |
| 8.2.5. Sauces, Savory, & Dressings |
| 8.2.6. Cosmetic |
| 8.2.7. Pharmaceuticals |
| 8.2.8. Snacks |
| 8.2.9. Beverages |
| 8.2.10. Feed |
| 8.2.11. Others (Detergents) |
| 8.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 8.3.1. USA |
| 8.3.2. Canada |
| 8.4. North America Sorbates Market - Opportunity Analysis Index, By Type, Application, and Country, 2024 - 2030 |
| 8.5. North America Sorbates Market Dynamics Trends |
| 9. Europe Sorbates Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 9.1. Type Analysis 2019 - 2023and Forecast 2024 - 2030by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Potassium Sorbate |
| 9.1.2. Sorbic Acid |
| 9.1.3. Others |
| 9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.2.1. Oils & Fats |
| 9.2.2. Meat, Poultry, & Seafood |
| 9.2.3. Bakery & Confectionery |
| 9.2.4. Dairy & Frozen Products |
| 9.2.5. Sauces, Savory, & Dressings |
| 9.2.6. Cosmetic |
| 9.2.7. Pharmaceuticals |
| 9.2.8. Snacks |
| 9.2.9. Beverages |
| 9.2.10. Feed |
| 9.2.11. Others (Detergents) |
| 9.3. Country Analysis 2019 - 2023and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Germany |
| 9.3.2. UK |
| 9.3.3. France |
| 9.3.4. Spain |
| 9.3.5. Italy |
| 9.3.6. Russia |
| 9.3.7. Poland |
| 9.3.8. Rest of Europe |
| 9.4. Europe Sorbates Market - Opportunity Analysis Index, By Type, Application, and Country, 2024 - 2030 |
| 9.5. Europe Sorbates Market Dynamics Trends |
| 10. Asia-Pacific Sorbates Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 10.1. Type Analysis 2019 - 2023and Forecast 2024 - 2030by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Potassium Sorbate |
| 10.1.2. Sorbic Acid |
| 10.1.3. Others |
| 10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.2.1. Oils & Fats |
| 10.2.2. Meat, Poultry, & Seafood |
| 10.2.3. Bakery & Confectionery |
| 10.2.4. Dairy & Frozen Products |
| 10.2.5. Sauces, Savory, & Dressings |
| 10.2.6. Cosmetic |
| 10.2.7. Pharmaceuticals |
| 10.2.8. Snacks |
| 10.2.9. Beverages |
| 10.2.10. Feed |
| 10.2.11. Others (Detergents) |
| 10.3. Country Analysis2019 - 2023and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. Japan |
| 10.3.2. China |
| 10.3.3. India |
| 10.3.4. ASEAN |
| 10.3.5. Australia & New Zealand |
| 10.3.6. Rest of Asia-Pacific |
| 10.4. Asia-Pacific Sorbates Market - Opportunity Analysis Index, By Type, Application, and Country,2024 - 2030 |
| 10.5. Asia-Pacific Sorbates Market Dynamics Trends |
| 11. Latin America Sorbates Market Analysis,2019 - 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 11.1. Type Analysis 2019 - 2023and Forecast 2024 - 2030by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Potassium Sorbate |
| 11.1.2. Sorbic Acid |
| 11.1.3. Others |
| 11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.2.1. Oils & Fats |
| 11.2.2. Meat, Poultry, & Seafood |
| 11.2.3. Bakery & Confectionery |
| 11.2.4. Dairy & Frozen Products |
| 11.2.5. Sauces, Savory, & Dressings |
| 11.2.6. Cosmetic |
| 11.2.7. Pharmaceuticals |
| 11.2.8. Snacks |
| 11.2.9. Beverages |
| 11.2.10. Feed |
| 11.2.11. Others (Detergents) |
| 11.3. Country Analysis 2019 - 2023and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Brazil |
| 11.3.2. Mexico |
| 11.3.3. Argentina |
| 11.3.4. Rest of Latin America |
| 11.4. Latin America Sorbates Market - Opportunity Analysis Index, By Type, Application, and Country, 2024 - 2030 |
| 11.5. Latin America Sorbates Market Dynamics Trends |
| 12. Middle East and Africa Sorbates Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 12.1. Type Analysis 2019 - 2023and Forecast 2024 - 2030by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Potassium Sorbate |
| 12.1.2. Sorbic Acid |
| 12.1.3. Others |
| 12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.2.1. Oils & Fats |
| 12.2.2. Meat, Poultry, & Seafood |
| 12.2.3. Bakery & Confectionery |
| 12.2.4. Dairy & Frozen Products |
| 12.2.5. Sauces, Savory, & Dressings |
| 12.2.6. Cosmetic |
| 12.2.7. Pharmaceuticals |
| 12.2.8. Snacks |
| 12.2.9. Beverages |
| 12.2.10. Feed |
| 12.2.11. Others (Detergents) |
| 12.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Gulf Cooperation Council (GCC) Countries |
| 12.3.2. Israel |
| 12.3.3. South Africa |
| 12.3.4. Rest of MEA |
| 12.4. MEA Sorbates Market - Opportunity Analysis Index, By Type, Application, and Country, 2024 - 2030 |
| 12.5. MEA Sorbates Market Dynamics Trends |
| 13. Competition Landscape |
| 13.1. Strategic Dashboard of Top Market Players |
| 13.2. Company Profiles (Introduction, Financial Analysis, Product Type& Service Testing Types, Key Developments, Strategies, and SWOT Analysis) |
| 13.2.1. Nantong Acetic Acid Chemical Co. Ltd |
| 13.2.2. Sydney Essential Oil Company |
| 13.2.3. APAC Chemical Corporation |
| 13.2.4. Zhejiang Bossen Technology Co. |
| 13.2.5. Seidler Chemical Co, Inc |
| 14. Research Methodology |
| 15. Key Assumptions and Acronyms |
- Nantong Acetic Acid Chemical Co. Ltd
- Sydney Essential Oil Company
- APAC Chemical Corporation
- Zhejiang Bossen Technology Co.
- Seidler Chemical Co, Inc