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Global Sorbitan Monostearate Market: By Type: Food Grade, Industrial Grade, Medicine Grade; By Application: Dietary Food Supplements, Pesticides, Cosmetics, Pharmaceutical, Bakery and Confectionery, Others; Regional Analysis; Historical Market and Forecast (2015-2025); Competitive Landscape; Industry Events and Developments

Global Sorbitan Monostearate Market Outlook

The global sorbitan monostearate market is expected to grow at a CAGR of 5% in the forecast period of 2020-2025.

The market is being driven by the amplifying demand for the food grade segment of the product, owing to the booming bakery and dairy industry. The product is used in the sector as a stabilizing agent for various food products.

 

Rising Demand from North America and the Asia Pacific Bolstering the Market Growth

North America and the Asia Pacific are significant sorbitan monostearate markets and are expected to significantly contribute to the market growth in the forecast period. The Asia Pacific region is bolstered by the rising demand for the product owing to changing lifestyles, increasing per capita incomes, and growing urbanisation. The growing consumption of baked and western sweets is expected to enhance the market growth for sorbitan monostearate in the Asia Pacific. The rising demand for pharmaceutical products and cosmetics is expected to enhance the market growth further in North America and the Asia Pacific as consumers are becoming more aware regarding the launch of new beauty products on digital platforms.

 

Sorbitan Monostearate: Industry Definition and Segmentation

Sorbitan Monostearate is an ester of stearic acid and sorbitol derivative that is used in the manufacturing of healthcare and food products.

On the basis of type, the market is divided into:

  • Food Grade
  • Industrial Grade
  • Medicine Grade

Based on application, the industry can be segmented into:

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Rising Demand from the Pharmaceutical and Cosmetic Industries to Drive the Global Sorbitan Monostearate Market

The demand for sorbitan monostearate is increasing due to the expanding pharmaceutical and cosmetic industries. The product is used in the pharmaceutical industry for suspension and emulsification processes. It has gained popularity in the personal care and cosmetics industry due to its extensive applications in a wide product range, such as shampoos, hair care, powders, skincare, deodorants, makeup bases, and foundations. This will further support the market growth in the forecast period. Further, the market is aided by the rising use of sorbitan monostearate in the food industry where the product is used as an emulsifying as well as a stabilising agent. Moreover, owing to ongoing research, the medicine grade segment is expected to witness a healthy growth in the forecast period.

 

Key Industry Players in the Global Sorbitan Monostearate Market

The report gives a detailed analysis of the following key players in the global sorbitan monostearate market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Kao Corporation
  • Henan Honest Foods Co. Ltd.
  • Hangzhou Fuchun Food Additive Co. Ltd
  • Jeevika Yugchem Pvt. Ltd.
  • Guangdong Runhua Chemistry Co., Ltd.
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

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    Industry Opportunities and Challenges
8    Global Sorbitan Monostearate Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Sorbitan Monostearate Historical Market (2015-2019) 
    8.3    Global Sorbitan Monostearate Market Forecast (2020-2025)
    8.4    Global Sorbitan Monostearate Market by Type
        8.4.1    Food Grade
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2015-2019)
            8.4.1.3    Forecast Trend (2020-2025)
        8.4.2    Industrial Grade
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2015-2019)
            8.4.2.3    Forecast Trend (2020-2025)
        8.4.3    Medicine Grade
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2015-2019)
            8.4.3.3    Forecast Trend (2020-2025)
    8.5    Global Sorbitan Monostearate Market by Application
        8.5.1    Dietary Food Supplements
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2015-2019)
            8.5.1.3    Forecast Trend (2020-2025)
        8.5.2    Pesticides
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2015-2019)
            8.5.2.3    Forecast Trend (2020-2025)
        8.5.3    Cosmetics
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2015-2019)
            8.5.3.3    Forecast Trend (2020-2025)
        8.5.4    Pharmaceutical
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2015-2019)
            8.5.4.3    Forecast Trend (2020-2025)
        8.5.5    Bakery and Confectionery
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2015-2019)
            8.5.5.3    Forecast Trend (2020-2025)
        8.5.6    Coating and Plastics
            8.5.6.1    Market Share
            8.5.6.2    Historical Trend (2015-2019)
            8.5.6.3    Forecast Trend (2020-2025)
        8.5.7    Others
    8.6    Global Sorbitan Monostearate Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2015-2019)
        9.1.2    Forecast Trend (2020-2025)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2015-2019)
        9.2.2    Forecast Trend (2020-2025)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2015-2019)
        9.3.2    Forecast Trend (2020-2025)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2015-2019)
        9.4.2    Forecast Trend (2020-2025)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2015-2019)
        9.5.2    Forecast Trend (2020-2025)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis

    12.1    North America Historical Price Trends (2015-2019) and Forecast (2020-2025)
    12.2    Europe Historical Price Trends (2015-2019) and Forecast (2020-2025)
    12.3    Asia Pacific Historical Price Trends (2015-2019) and Forecast (2020-2025)
    12.4    Latin America Historical Price Trends (2015-2019) and Forecast (2020-2025)
    12.5    Middle East and Africa Historical Price Trends (2015-2019) and Forecast (2020-2025)
13    Competitive Landscape
    13.1    Market Structure
    13.2    Company Profiles
        13.2.1    Kao Corporation
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Certifications
        13.2.2    Henan Honest Foods Co. Ltd.
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Certifications
        13.2.3    Hangzhou Fuchun Food Additive Co. Ltd
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Certifications
        13.2.4    Jeevika Yugchem Pvt. Ltd.
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Certifications
        13.2.5    Guangdong Runhua Chemistry Co., Ltd.
            13.2.5.1    Company Overview
            13.2.5.2    Product Portfolio
            13.2.5.3    Demographic Reach and Achievements
            13.2.5.4    Certifications
        13.2.6    Others
14    Industry Events and Developments

 

Additional Customisations Available

1.    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2.    Project Requirements and Cost Analysis
    2.1    Land, Locations, and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment

 

List of Figures and Tables

1.    Global Sorbitan Monostearate Market: Key Industry Highlights, 2015 and 2025
2.    Global Sorbitan Monostearate Historical Market: Breakup by Type (USD Million), 2015-2019
3.    Global Sorbitan Monostearate Market Forecast: Breakup by Type (USD Million), 2020-2025
4.    Global Sorbitan Monostearate Historical Market: Breakup by Application (USD Million), 2015-2019
5.    Global Sorbitan Monostearate Market Forecast: Breakup by Application (USD Million), 2020-2025
6.    Global Sorbitan Monostearate Historical Market: Breakup by Region (USD Million), 2015-2019
7.    Global Sorbitan Monostearate Market Forecast: Breakup by Region (USD Million), 2020-2025
8.    North America Sorbitan Monostearate Historical Market: Breakup by Country (USD Million), 2015-2019
9.    North America Sorbitan Monostearate Market Forecast: Breakup by Country (USD Million), 2020-2025
10.    Europe Sorbitan Monostearate Historical Market: Breakup by Country (USD Million), 2015-2019
11.    Europe Sorbitan Monostearate Market Forecast: Breakup by Country (USD Million), 2020-2025
12.    Asia Pacific Sorbitan Monostearate Historical Market: Breakup by Country (USD Million), 2015-2019
13.    Asia Pacific Sorbitan Monostearate Market Forecast: Breakup by Country (USD Million), 2020-2025
14.    Latin America Sorbitan Monostearate Historical Market: Breakup by Country (USD Million), 2015-2019
15.    Latin America Sorbitan Monostearate Market Forecast: Breakup by Country (USD Million), 2020-2025
16.    Middle East and Africa Sorbitan Monostearate Historical Market: Breakup by Country (USD Million), 2015-2019
17.    Middle East and Africa Sorbitan Monostearate Market Forecast: Breakup by Country (USD Million), 2020-2025
18.    North America Historical Price Trends and Forecast 2015-2025
19.    Europe Historical Price Trends and Forecast 2015-2025
20.    Asia Pacific Historical Price Trends and Forecast 2015-2025
21.    Latin America Historical Price Trends and Forecast 2015-2025
22.    Middle East and Africa Historical Price Trends and Forecast 2015-2025
23.    Global Sorbitan Monostearate Market Structure

Key Questions Answered in the Report

The market is projected to grow at a CAGR of 5% between 2020 and 2025.

The major drivers of the industry such as rising disposable incomes, rapid urbanisation, growing demand for baked goods, and rising demand from the application segments, are expected to aid the market growth.

The key trends guiding the growth of the market include the rising R&D activities involving the product’s use in the medical sector.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading types of the product in the market are food grade, industrial grade, and medicine grade.

The major application segments in the market are dietary food supplements, pesticides, cosmetics, pharmaceuticals, bakery and confectionery, and coating and plastics, among others.

The major players in the industry are 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.

Analyst Review

The global sorbitan monostearate market is being driven by rising demand from the supplication segments. Aided by the growing R&D activities, the market is expected to witness a further growth in the forecast period of 2020-2025, growing at a CAGR of 5%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the industry is bifurcated into food grade, industrial grade, and medicine grade. On the basis of application, the market is divided into dietary food supplements, pesticides, cosmetics, pharmaceuticals, bakery and confectionery, and coating and plastics, among others. The major regional markets for the product are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include 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.

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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