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Polysorbate Market

Global Polysorbate Market Size, Share, Trends, Forecast: By Source: Plant, Animal, Synthetic Source; By Grade: Polysorbate 20, Polysorbate 40, Polysorbate 60, Polysorbate 80, Others; By End Use: Food and Beverage, Pharmaceuticals, Cosmetics and Personal Care, Others; Regional Analysis; Competitive Landscape; 2024-2032

Global Polysorbate Market Outlook

The global polysorbate market is expected to grow at a CAGR of 4.80% in the forecast period of 2024-2032.

 

Global Polysorbate Market

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The Asia Pacific to be a Significant Regional Market for the Polysorbate Industry

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: Market Segmentation

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.

 

Global Polysorbate Market By Grade Type

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The sources of the product can be segmented as follows:

  • Plant
  • Animal
  • Synthetic Source

Based on grade, the industry can be segmented as follows:

  • Polysorbate 20
  • Polysorbate 40
  • Polysorbate 60
  • Polysorbate 80
  • Others

Polysorbate finds wide end-uses in the following sectors:

  • Food and Beverage
  • Pharmaceuticals
  • Cosmetics and Personal Care
  • Others

The regional markets for polysorbate can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Polysorbate Market By Region

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Rising Demand from the Personal Care Industry Bolstering the Market Growth pf Polysorbate

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.

 

Key Industry Players in the Global Polysorbate Market

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:

  • NOF America Corporation
  • Croda International plc
  • Mohini Organics Pvt. Ltd.
  • Xiamen Sinopeg Biotech Co., Ltd.
  • Others

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.

 

Key Highlights of the Report

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:

  • Source
  • Grade
  • End Use
  • Region
Breakup by Source
  • Plant
  • Animal
  • Synthetic Source
Breakup by Grade
  • Polysorbate 20
  • Polysorbate 40
  • Polysorbate 60
  • Polysorbate 80
  • Others
Breakup by End Use
  • Food and Beverage
  • Pharmaceuticals
  • Cosmetics and Personal Care
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • NOF America Corporation
  • Croda International plc
  • Mohini Organics Pvt. Ltd.
  • Xiamen Sinopeg Biotech Co., Ltd.
  • Others
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

Key Questions Answered in the Report

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.

Analyst Review

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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