Sorbic Acid Potassium Salt Market Analysis: Global Industry Size, Growth and Forecast
Report ID : 1365883 | Published : May 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Sorbic Acid Potassium Salt Market is categorized based on Application (Food Preservation, Cosmetics, Pharmaceuticals, Agriculture, Others) and Form (Powder, Granule, Liquid) and End-User Industry (Food and Beverage, Personal Care, Healthcare, Agriculture, Others) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
Valued at USD 120 million in 2023, the Sorbic Acid Potassium Salt Market size is expected to grow to USD 200 million by 2033, with a CAGR of 5.2% from 2024 to 2033. The report comprises various segments and analyzes the trends and factors playing a substantial role in the market.
The market for Sorbic Acid Potassium Salt is undergoing a noteworthy change with the rising consumption of natural preservatives across different industries. With food safety and quality becoming more stringent, manufacturers are progressively adopting sorbic acid potassium salt to improve safety and shelf life. This substance which is a derivative of sorbic acid is commonly used owing to its effectiveness in inhibiting the growth of molds, yeast, as well as other destructive microorganisms and thus, is highly preferred in the food and beverage industry.
Moreover, apart from its use in food preservation, the sorbate or sorbic acid potassium salt market is growing in usage in the pharmaceutical and cosmetic industries. The consumers’ increase in the use of health and wellness products is accompanied by a push towards more eco-friendly and natural sources. This B2B market is poised to capitalize on sorbate or sorbic acid potassium salt’s broader possibilities beyond use as a preservative—making it appealing to clean-label product advocates. As we analyze this market further, it becomes apparent that stakeholders in the sorbate market will need to pay close attention to consumer trends, regulations, and market developments in order to optimally take advantage of emerging opportunities.
| ATTRIBUTES | DETAILS |
| STUDY PERIOD | 2023-2033 |
| BASE YEAR | 2023 |
| FORECAST PERIOD | 2024-2033 |
| HISTORICAL PERIOD | 2023-2024 |
| UNIT | VALUE (USD BILLION) |
| KEY COMPANIES PROFILED | Kemin Industries, Nantong Huantong Chemical, SABIC, Wuhan Dahua Chemical, Nantong Jiangshan Chemical, BASF SE, Shandong Qilu Pharmaceutical, Huanggang Keli Chemical, Jiangsu Rixin Chemical, Mitsubishi Chemical Corporation, Eastman Chemical Company |
| SEGMENTS COVERED |
By Application - Food Preservation, Cosmetics, Pharmaceuticals, Agriculture, Others
By Form - Powder, Granule, Liquid
By End-User Industry - Food and Beverage, Personal Care, Healthcare, Agriculture, Others
By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
Sorbic Acid Potassium Salt Market Dynamics
The Sorbic Acid Potassium Salt Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
Market Drivers
- Technological Advancements
- Increasing Consumer Demand
- Regulatory Support
- Globalization
Market Restraints
- High Operational Costs
- Regulatory Challenges
- Market Saturation
Market Opportunities
- Emerging Markets
- Product Innovation
- Strategic Partnerships
Market Challenges
- Technological Disruptions
- Supply Chain Issues
- Changing Consumer Preferences
Sorbic Acid Potassium Salt Market Segmentations
Market Breakup by Application
- Overview
- Food Preservation
- Cosmetics
- Pharmaceuticals
- Agriculture
- Others
Market Breakup by Form
- Overview
- Powder
- Granule
- Liquid
Market Breakup by End-User Industry
- Overview
- Food and Beverage
- Personal Care
- Healthcare
- Agriculture
- Others
Market Breakup by Region
North America
- United States of America
- Canada
- Mexico
Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- 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
Key Players in the Sorbic Acid Potassium Salt Market
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
- Kemin Industries
- Nantong Huantong Chemical
- SABIC
- Wuhan Dahua Chemical
- Nantong Jiangshan Chemical
- BASF SE
- Shandong Qilu Pharmaceutical
- Huanggang Keli Chemical
- Jiangsu Rixin Chemical
- Mitsubishi Chemical Corporation
- Eastman Chemical Company
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