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The global polysorbate market is expected to grow at a CAGR of 4.80% in the forecast period of 2024-2032.
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The Asia Pacific region holds a significant share of the global polysorbate industry and is likely to witness a robust growth in the forecast period. The market growth in the region is mainly attributed to the rising demand and use of cosmetics among the consumers, as well as the rising demand from the food industry. In addition, the rising healthcare industry in the region and the rising government investment in the medical and pharmaceutical industries are expected to further drive the growth of the polysorbate industry in the Asia Pacific.
Polysorbate is widely used to formulate bio-therapeutic products as non-ionic surfactants in order to resist surface adsorption and to stabilise the agglomeration of protein. It is used extensively in food, pharma, personal care, and beauty products, including cold creams, baby lotions, and bath oils. Polysorbate is commonly used in ice cream preparation as it inhibits the fast-melting of the product. In the food sector, polysorbate is used as an emulsifier.
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The sources of the product can be segmented as follows:
Based on grade, the industry can be segmented as follows:
Polysorbate finds wide end-uses in the following sectors:
The regional markets for polysorbate can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The growth of the market is primarily being driven by the rising demand from the beauty and personal care industry. The rising awareness among the consumers about the importance of skincare has led to an increased demand for the skincare products. It acts like a perfume and functions as a lubricator to keep the skin relaxed. The application of polysorbate in food items including ice creams is increasing in order to prevent it from melting rapidly, which is further propelling the market growth. Polysorbate is also used in medicines, like vitamin oils as well as vaccine, contributes to the stability of gel capsules, helps in the absorption of medicines in the stomach, is used to complement hair growth, retains constant essential oils, and provides a good aroma. These favourable factors are expected to propel the growth of the polysorbate industry in the coming years.
The report gives a detailed analysis of the following key players in the global polysorbate market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Source |
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Breakup by Grade |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Polysorbate Market Analysis
8.1 Key Industry Highlights
8.2 Global Polysorbate Historical Market (2018-2023)
8.3 Global Polysorbate Market Forecast (2024-2032)
8.4 Global Polysorbate Market by Source
8.4.1 Plant
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Animal
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Synthetic Source
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Polysorbate Market by Grade
8.5.1 Polysorbate 20
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Polysorbate 40
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Polysorbate 60
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Polysorbate 80
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Others
8.6 Global Polysorbate Market by End Use
8.6.1 Food and Beverage
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Pharmaceuticals
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Cosmetics and Personal Care
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Others
8.7 Global Polysorbate Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Polysorbate Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Polysorbate Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Polysorbate Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Polysorbate Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Polysorbate Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 NOF America Corporation
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Croda International plc
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Mohini Organics Pvt. Ltd.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Xiamen Sinopeg Biotech Co., Ltd.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Others
17 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operations Involved
2 Project Requirements and Cost Analysis
2.1 Land, Location, and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Materials
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investments
List of Key Figures and Tables
1. Global Polysorbate Market: Key Industry Highlights, 2018 and 2032
2. Global Polysorbate Historical Market: Breakup by Source (USD Billion), 2018-2023
3. Global Polysorbate Market Forecast: Breakup by Source (USD Billion), 2024-2032
4. Global Polysorbate Historical Market: Breakup by Type (USD Billion), 2018-2023
5. Global Polysorbate Market Forecast: Breakup by Type (USD Billion), 2024-2032
6. Global Polysorbate Historical Market: Breakup by End Use (USD Billion), 2018-2023
7. Global Polysorbate Market Forecast: Breakup by End Use (USD Billion), 2024-2032
8. Global Polysorbate Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Polysorbate Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Polysorbate Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Polysorbate Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Polysorbate Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Polysorbate Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Polysorbate Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Polysorbate Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Polysorbate Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Polysorbate Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Polysorbate Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Polysorbate Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global Polysorbate Market Structure
The market is projected to grow at a CAGR of 4.8% between 2024 and 2032.
The major drivers of the market are rising applications in the beauty and personal care industry, rising population, and growing disposable incomes of the downstream consumers.
The rising trend of skincare and increasing focus on appearance are the important trends contributing towards the growth of the market.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading sources of polysorbate in the market are plant, animal, and synthetic source.
The major grades of polysorbate in the market are polysorbate 20, polysorbate 40, polysorbate 60, and polysorbate 80, among others.
The significant end uses in the market are food and beverage, pharmaceuticals, and cosmetics and personal care, among others.
The major players in the global polysorbate market are NOF America Corporation, Croda International plc, Mohini Organics Pvt. Ltd., and Xiamen Sinopeg Biotech Co., Ltd., among others.
The global polysorbate market is being driven by the rising trend of skincare. Aided by the growing cosmetics product launches, the market is expected to witness a healthy growth in the forecast period of 2024-2032, growing at a CAGR of 4.80%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on source, the market is divided into plant, animal, and synthetic source. On the basis of grade, the industry is segmented into polysorbate 20, polysorbate 40, polysorbate 60, and polysorbate 80, among others. By end use, the market is categorised into food and beverage, pharmaceuticals, and cosmetics and personal care, among others. The major regional markets for polysorbate are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include NOF America Corporation, Croda International plc, Mohini Organics Pvt. Ltd., and Xiamen Sinopeg Biotech Co., Ltd., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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