Global and United States Sodium Sorbate Market Report & Forecast 2022-2028

Sodium sorbate is basically a food additive. It is a salt derived from sorbic acid that is used in personal care, bathing, and cosmetic products. In personal care and cosmetics, sodium sorbate prevents the growth of bacteria and increases shelf life of the product. In the food industry, sodium sorbate prevents the growth of mold, fungi, and yeast. Though sodium sorbate is present naturally in some berries, it is manufactured synthetically.
Market Analysis and Insights: Global and United States Sodium Sorbate Market
This report focuses on global and United States Sodium Sorbate market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Sodium Sorbate market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, by Type, Granule accounting for % of the Sodium Sorbate global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Pharmaceutical Products was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
The drivers of sodium sorbate industry include advantages of sodium sorbate like longer shelf-life since it is used as preservative, high consumption rate of baked and processed food, vegetables, fruits, and fast food products. Moreover, increased applications of sodium sorbate in food industry, since it does not affect the taste of the food in terms of smell, color, taste and protects food decomposition, easy availability, and cost effectiveness is accelerating the demand for sodium sorbate, thereby affecting the market growth.
Global Sodium Sorbate Scope and Market Size
Sodium Sorbate market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Sodium Sorbate market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Sodium Sorbate market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Granule
Powder
Liquid
Segment by Application
Pharmaceutical Products
Food & Beverages
Industrial Usage
Personal Care
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
FBC Industries
Celanese Corporation
Jinneng Science & Technology
Wanglong Chemicals
Nantong Acetic Acid Chemical
Shandong Kunda Biotechnology
Daicel Corporation
Brenntag