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Global Sorbic Acid Market Size, Share, Trends, Forecast: By Type: Polyhydroxyalkanoate (PHA), Activated Carbon, Microcrystalline Cellulose (MCC), Phosphorous Chemicals, Methyl Cellulose, Carboxymethyl Cellulose (CMC), Ethyl Cellulose, Succinic Acid, Others; By Application; Regional Analysis; Competitive Landscape; 2024-2032
Global Sorbic Acid Market Outlook
The global sorbic acid market is expected to grow at a CAGR of 3% in the forecast period of 2024-2032.
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North America to Present Significant Growth Opportunities to the Sorbic Acid Industry
The United States is one of the leading regions in the global market for sorbic acid. In North America, the country accounts for the majority of the market share. Sorbic acid is considered safe for daily use by the U.S. Food and Drug Administration because it is not associated with cancer and other significant health problems, which is boosting the market growth in the region. The robust food and beverage industry in the region is enabling the growth of the sorbic acid industry. The market growth in North America is also aided by the rising consumption of processed and packaged food due to the rising living standards and busier lifestyles of the populous.
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Sorbic Acid: Market Segmentation
Sorbic acid and its mineral salts are organic compounds that naturally exist mainly as a food preservative. Sorbic acid was first isolated from Sorbus Aucuparia's unripe beers. It is an unsaturated fatty acid that has inhibitory impact on moulds, yeasts, and bacteria. It is also used in a wide variety of foodstuffs. In winemaking, sorbic acid is used along with sulphuric dioxide, which helps convert sorbic acid into alcohol, thereby negating the foul smell of ether.
Based on type, the market can be divided into:
- Polyhydroxyalkanoate (PHA)
- Activated Carbon
- Microcrystalline Cellulose (MCC)
- Phosphorous Chemicals
- Methyl Cellulose
- Carboxymethyl Cellulose (CMC)
- Ethyl Cellulose
- Succinic Acid
- Others
On the basis of application, the industry can be divided into:
- Food and Beverages
- Pharmaceuticals
- Industrial Chemicals
- Animal Feed
- Others
The regional markets for sorbic acid can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Demand from the Food and Beverage Industry Bolstering the Market Growth of Sorbic Acid
The global sorbic acid industry is significantly being driven by the rising demand from the food and beverage industry. The growing application of synthetic preservatives such as sorbic acid is expected to dominate the growth of the global sorbic acid market. The increased utilisation of convenience food items as the lifestyles change will drive the growth of the food and beverage industry, which will, in effect, lead to the development of the global sorbic acid industry. The increasing awareness about the quality preservative use of protein drinks in the sporting sector contributes to the growth of the demand for sorbic acid.
Key Industry Players in the Global Sorbic Acid Market
The report gives a detailed analysis of the following key players in the global sorbic acid market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Celanese Corporation
- WEGO Chemical Group
- Daicel Corporation
- Avatar Corporation
- Wanglong Tech Co.,Ltd.
- PT Halim Sakti Pratama
- 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:
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| Breakup by Type |
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| Breakup by Application |
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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 Sorbic Acid Market Analysis
8.1 Key Industry Highlights
8.2 Global Sorbic Acid Historical Market (2018-2023)
8.3 Global Sorbic Acid Market Forecast (2024-2032)
8.4 Global Sorbic Acid Market by Type
8.4.1 Polyhydroxyalkanoate (PHA)
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Activated Carbon
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Microcrystalline Cellulose (MCC)
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Phosphorous Chemicals
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Methyl Cellulose
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Carboxymethyl Cellulose (CMC)
8.4.6.1 Historical Trend (2018-2023)
8.4.6.2 Forecast Trend (2024-2032)
8.4.7 Ethyl Cellulose
8.4.7.1 Historical Trend (2018-2023)
8.4.7.2 Forecast Trend (2024-2032)
8.4.8 Succinic Acid
8.4.8.1 Historical Trend (2018-2023)
8.4.8.2 Forecast Trend (2024-2032)
8.4.9 Others
8.5 Global Sorbic Acid Market by Application
8.5.1 Food and Beverages
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Pharmaceuticals
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Industrial Chemicals
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Animal Feed
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Others
8.6 Global Sorbic Acid Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Sorbic Acid 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 Sorbic Acid 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 Sorbic Acid 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 Sorbic Acid 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 Sorbic Acid 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 Price Analysis
16.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
17 Manufacturing Process
17.1 Overview
17.2 Detailed Process Flow
17.3 Operation Involved
18 Competitive Landscape
18.1 Market Structure
18.2 Company Profiles
18.2.1 Celanese Corporation
18.2.1.1 Company Overview
18.2.1.2 Product Portfolio
18.2.1.3 Demographic Reach and Achievements
18.2.1.4 Certifications
18.2.2 WEGO Chemical Group
18.2.2.1 Company Overview
18.2.2.2 Product Portfolio
18.2.2.3 Demographic Reach and Achievements
18.2.2.4 Certifications
18.2.3 Daicel Corporation
18.2.3.1 Company Overview
18.2.3.2 Product Portfolio
18.2.3.3 Demographic Reach and Achievements
18.2.3.4 Certifications
18.2.4 Avatar Corporation
18.2.4.1 Company Overview
18.2.4.2 Product Portfolio
18.2.4.3 Demographic Reach and Achievements
18.2.4.4 Certifications
18.2.5 Wanglong Tech Co.,Ltd.
18.2.5.1 Company Overview
18.2.5.2 Product Portfolio
18.2.5.3 Demographic Reach and Achievements
18.2.5.4 Certifications
18.2.6 PT Halim Sakti Pratama
18.2.6.1 Company Overview
18.2.6.2 Product Portfolio
18.2.6.3 Demographic Reach and Achievements
18.2.6.4 Certifications
18.2.7 Others
19 Key Trends and Developments in the Market
Additional Customisations Available
1 Project Requirements and Cost Analysis
1.1 Land, Location, and Site Development
1.2 Construction
1.3 Plant Machinery
1.4 Cost of Raw Materials
1.5 Packaging
1.6 Transportation
1.7 Utilities
1.8 Manpower
1.9 Other Capital Investments
List of Key Figures and Tables
1. Global Sorbic Acid Market: Key Industry Highlights, 2018 and 2032
2. Global Sorbic Acid Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Sorbic Acid Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Sorbic Acid Historical Market: Breakup by Application (USD Billion), 2018-2023
5. Global Sorbic Acid Market Forecast: Breakup by Application (USD Billion), 2024-2032
6. Global Sorbic Acid Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global Sorbic Acid Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America Sorbic Acid Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America Sorbic Acid Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe Sorbic Acid Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe Sorbic Acid Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific Sorbic Acid Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific Sorbic Acid Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America Sorbic Acid Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America Sorbic Acid Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Middle East and Africa Sorbic Acid Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Middle East and Africa Sorbic Acid Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. North America Historical Price Trends and Forecast 2018-2032
19. Europe Historical Price Trends and Forecast 2018-2032
20. Asia Pacific Historical Price Trends and Forecast 2018-2032
21. Latin America Historical Price Trends and Forecast 2018-2032
22. Middle East and Africa Historical Price Trends and Forecast 2018-2032
23. Global Sorbic Acid Market Structure
Key Questions Answered in the Report
The global sorbic acid market is projected to grow at a CAGR of 3% between 2024 and 2032.
The market is being driven by the growing food and beverage sector, rising consumption of convenience food products, surging disposable incomes, the growing middle class population, and rising demand for preservative use in protein drinks in the sporting sector.
The key trends guiding the market growth include the growing consumption of processed and packaged food and the rising applications of synthetic preservatives.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading types of sorbic acid in the market are polyhydroxyalkanoate (PHA), activated carbon, microcrystalline cellulose (MCC), phosphorous chemicals, methyl cellulose, carboxymethyl cellulose (CMC), ethyl cellulose, and succinic acid, among others.
The significant applications of sorbic acid include food and beverages, pharmaceuticals, industrial chemicals, and animal feed, among others.
The major players in the market are Celanese Corporation, WEGO Chemical Group, Daicel Corporation, Avatar Corporation, Wanglong Tech Co.,Ltd., and PT Halim Sakti Pratama, among others.
Analyst Review
The global sorbic acid clutch market is being driven by the growing food and beverage industry. Aided by the rising demand for synthetic preservatives, the market is expected to witness a moderate growth in the forecast period of 2024-2032, growing at a CAGR of 3%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the market is divided into polyhydroxyalkanoate (PHA), activated carbon, microcrystalline cellulose (MCC), phosphorous chemicals, methyl cellulose, carboxymethyl cellulose (CMC), ethyl cellulose, and succinic acid, among others. By application, the industry is segmented into food and beverages, pharmaceuticals, industrial chemicals, and animal feed, among others. The major regional markets for sorbic acid are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Celanese Corporation, WEGO Chemical Group, Daicel Corporation, Avatar Corporation, Wanglong Tech Co.,Ltd., and PT Halim Sakti Pratama, 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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