Sorbates Global Market Report 2022: Market Size, Trends, And Forecast To 2026
The Business Research Company’s Sorbates Global Market Report 2022: Market Size, Trends, And Forecast To 2026
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As per The Business Research Company’s “Sorbates Global Market Report 2022”, the sorbates market share is predicted to grow from $230.41 million in 2021 to $242.93 million in 2022 at a compound annual growth rate (CAGR) of 5.40%. The growth in the sorbates market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The sorbates market is expected to reach $308.45 million in 2026 at a CAGR of 6.20%. According to our sorbates market analysis, an increase in the consumption of processed food across the globe is driving the growth of the sorbates market.
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Key Trends In The Sorbates Market
Players in the sorbates market are focusing on the development of new technologies and new sorbates market trends to cope with market challenges. Sorbate is important preservative in food products, but these compounds can also have genotoxic effects, causing health risks to their consumers. Hence to determine the concentrations of sorbate in food items such as mustard, ketchup, and tomato sauce, players are developing new techniques.
Sorbates Market Overview
The sorbates market consists of sales of sorbates by entities (organizations, sole traders, and partnerships) that are easily soluble in water and protect the food from a wide spectrum of microorganisms including food-borne pathogens. Sorbates are esters and salts that are produced using sorbic acid. Sorbates are used as preservatives in pharmaceuticals, food, cosmetics, detergents, and feed.
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Sorbates Global Market Report 2022 from TBRC covers the following information:
Market Size Data
• Forecast period: Historical and Future
• By region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• By countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
• By Type: Sorbic Acid, Potassium Sorbate, Others
• By Application: Food, Oils And Fats, Bakery And Confectionery, Dairy And Frozen Products, Snacks, Meat, Poultry, And Seafood, Beverages, Others
• By Geography: The global sorbates market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America holds the largest share in the market.
Major market players such as Nantong Acetic Acid Chemical, Sydney Essential Oil Company, Tengzhou Aolong Fine Chemical, APAC Chemical Corporation, Zhejiang Bossen Technology, Celanese, Sorbic International, FBC Industries Inc, Lubon Industry Co. Ltd.
Trends, opportunities, strategies and so much more.
Sorbates Global Market Report 2022 is one of The Business Research Company’s comprehensive reports that provides an overview of sorbates global market. The market report analyzes sorbates market size, sorbates global market growth drivers, sorbates global market segments, sorbates global market major players, sorbates global market growth across geographies, and sorbates global market competitors’ revenues and market positioning. The sorbates market report enables you to gain insights on opportunities and strategies, as well as identify countries and segments with the highest growth potential.
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Article originally published on www.einpresswire.com as Global Sorbates Market Drivers, Trends And Restraints For 2022-2031