Sorbic Acid Powder Market size was valued at USD 450 Million in 2024 and is forecasted to grow at a CAGR of 5.5% from 2026 to 2033, reaching USD 700 Million by 2033.
The global Sorbic Acid Powder market was valued at approximately USD 248.3 million in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 4.2% during the forecast period, reaching USD 314.6 million by 2030. The increasing demand for Sorbic Acid Powder across various industries such as food preservation, cosmetics, and pharmaceuticals is fueling the market growth. As a natural preservative, Sorbic Acid Powder is in demand due to its ability to inhibit the growth of mold and yeast, thereby extending the shelf life of products. The markets growth is also driven by the rising consumer preference for organic and clean label food products, further expanding the use of Sorbic Acid in food applications globally.
Regionally, the Asia Pacific region holds the largest share of the Sorbic Acid Powder market, accounting for over 40% of the total market in 2022. This is attributed to the high consumption of Sorbic Acid in the food and beverage industries in countries like China and India, along with the growing trend of urbanization and industrialization. North America and Europe also contribute significantly to the market, with steady demand for Sorbic Acid Powder in the food, cosmetics, and pharmaceutical industries. Latin America and the Middle East & Africa regions are expected to witness moderate growth during the forecast period, with increasing adoption of Sorbic Acid in regional food production and preservation applications.
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Celanese
Daicel Chemical Industries
Ningbo Wanglong Technology Co.
Ltd.
Nantong Acetic Acid Chemical Co.
Ltd.
Jinneng Technology Co.
Ltd.
Shandong Hongda Biotechnology Co.
Ltd.
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Sorbic Acid Powder Market
Food Preservation
Cosmetics and Personal Care
Pharmaceuticals
Animal Feed
Industrial Applications
Food Grade
Industrial Grade
Pharmaceutical Grade
Food and Beverage
Dermatology and Skincare
Healthcare and Pharmaceuticals
Agriculture and Animal Husbandry
Chemicals and Materials
Powder
Granules
Liquid Solution
Direct Sales
Distributors and Wholesalers
Online Retailers
Specialty Stores
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Sorbic Acid Powder Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Sorbic Acid Powder Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Sorbic Acid Powder Market, By Type
6. Global Sorbic Acid Powder Market, By Application
7. Global Sorbic Acid Powder Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Sorbic Acid Powder Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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