As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
The global sorbitan monostearate industry is being driven by the rising demand from the food industry. The key players, such as Hangzhou Fuchun Food Additive Co. Ltd, offer a wide range of products formulated with the help of sorbitan monostearate, namely, dry yeast, margarine, shortening, whipping cream, and coffee mate, among others. The product application varies from item to item, like in cake, sorbitan monostearate promotes enlargement of the cake volume, improvement of cake texture, and prolonged shelf life. The main role of sorbitan monostearate largely remains the same in the bakery and dairy products, including good for water-in-oil type emulsifier and strong emulsifying dispersion and wetting effect.
The Asia Pacific region is a significant market for sorbitan monostearate as the region is highly receptive to the products offered by new brands in cosmetics and pharmaceuticals. The regional market is also supported by the rising inclination towards bakery products, promoted through aggressive marketing on digital platforms. Further, factors such as increasing disposable incomes, enhancing living standards, and growing urbanisation are positively influencing the market growth of sorbitan monostearate in the Asia Pacific. In addition, the rising penetration of distribution channels such as Amazon (NASDAQ: AMZN) and Walmart (NYSE: WMT) are further contributing to the growth of the sorbitan monostearate industry. These platforms offer lucrative deals on several cosmetic, pharmaceutical, and food products consisting of sorbitan monostearate. As the demand for these products increases, the market is expected to grow likewise.
Market Analysis by Type, Application, and Region:
Key Findings of The Report:
Key Offerings of the Report:
Kao Corporation, Henan Honest Foods Co. Ltd., Hangzhou Fuchun Food Additive Co. Ltd, Jeevika Yugchem Pvt. Ltd., and Guangdong Runhua Chemistry Co., Ltd., among others, are the key players in the global sorbitan monostearate market. The EMR report looks into the capacity, market share, and latest developments of these major players like plant turnarounds, mergers and acquisitions, and capacity expansions.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.