Sorbic Acid Market Synopsis

Sorbic Acid Market Size Was Valued at USD 62.20 Million in 2023, and is Projected to Reach USD 114.35 Million by 2032, Growing at a CAGR of 7.00% From 2024-2032.

Sorbic acid is a natural organic acid used widely as a preservative in food and other consumable goods. It is chemically an odorless crystalline substance which plays an important role to restrain the growth of molds, yeasts and certain bacteria that can deteriorate and spoil products thus increasing their shelf life. Sorbic acid is widely used because of is anti spoilt agent properties which help in preserving the quality of foods.

• The increasing value of the world market of sorbic acid is attributed to its high functionality as a preservative for food products, particularly for its fungicide action against mold and yeast. Since people from all across the world have more awareness and demand good quality food and food products, sorbic acid is an important part of the food industry especially in dairy and bakery products and beverages. An emerging growth factor for market is the augmenting customer preference towards processed foods and clean label, which results in business shifting from synthetic preservatives to more natural sources. Besides food industries, sorbic acid consumption in personal care products and in pharma products is another factor that is helping to drive the market.
• Regionally for the sorbic acid, North America and Europe have taken the biggest market share due to strict food regulatory standards and well developed food industry respectively. Nonetheless, the Asia Pacific continues to show promise due to the factors such as urbanization, rising disposable income, and modifying palates among people. Processed foods are gradually becoming popular in countries such as China and India and therefore sorbic acid is set to benefit from this market. Moreover, emerging health consciousness among the consumers force them to choose the products that have longer shelf life, without hampering their quality, thus, driving the demand for the sorbic acid market.
• The market players currently operating within the global sorbic acid market arena have continued to strengthen their varieties while new entrants are still evolving strategies for improving product portfolios. Both large and small manufacturers are interested in the development of new formulations of sorbic acid and its higher performance as a preservative. The concept of sustainability is gradually emerging as a major factor in the industry, as firms look for ways to develop eco-compatible bio-sorbic acid for compliance with new legislation and market trends. This shows that this market has some elements of dynamism should be used in the analysis of its future as it is shaped by trends, regulations, technology among other factors.

Sorbic Acid Market Trend Analysis

Expanding Demand for Sorbic Acid in Food Preservation and Clean Label Products

• Sorbic acid is an organic compound, which is naturally occurrence and widely preferred by many industries due its strong antimicrobial activity against mold, yeast and bacteria. This capability is especially important in the food industry where the maintenance of product quality as well as safety is important. With these changes in consumer attitudes toward healthier products and enlightened food ingredient knowledge, the clean-label rush—products without artificial ingredients—has risen. Compared to synthetic preservatives, sorbic acid is safer and effective for use and therefore creates a market that is made up of consumers who are conscious with what they eat plus those with special diets. This feature counts for even more in its favour; sorbic acid is equally suited for the treatment of a vast array of food products ranging from dairy products, baked products, beverages, snack foods to the rest. The trend toward clean label not only strengthened the relationship between the consumer and the manufacturer but also stimulates creativity in the creation of new types of foods with increased safety.
• In addition, increased use of sorbic acid is attributed for by the expanding production of the food and beverage industries especially in the emerging economies. As these markets grow, more attention needs to be given to preservative solutions that will guarantee longer shelf life and product stability. For instance, where the society today is moving fast from the rural to urban areas and from traditional diets to modern packaged and processed foods there is need for good preservative like sorbic acid among others. Manufacturers are also also being aware of the need to conform to regional palates while at the same time maintaining a product’s characteristics hence a higher inclination towards the use of sorbic acid in food production. The current rate in this trend is expected to continue growing as consumer demand quality foods to meet the quality shelf-life balance that is quantified in healthy values. Consequently, the demand for sorbic acid should remain high because of the growing concern of customers towards the food they consume and on the heels of the constantly growing worldwide food and beverages industry.

The Shift Towards Sustainable and Bio-Based Sorbic Acid Sources

• Yet another trend that has been observed to playing out in the market for sorbic acid is the fact that so many companies are looking to source raw material from sustainable sources in this day and age. More and more attention is paid to environmental issues and consumers and producers are looking for options that minimize their impact on the environment. A natural source which is plant derived sorbic acid meets this requirement since it is bio based and can be synthesised from renewable resources. Such a shift is in tune with increased regulatory intensification to decrease the dependency on petrochemical derivatives, and pressure is put on producers to come up with ideas on how to source material. Organisations that use bio-based ingredients will likely improve their competitive position and appeal to green customers and support the United Nations Sustainable Development Goals.
• Apart from sustainability other factors which are instrumental in making the sorbic acid production more efficient and facile include improvement in production methodology. Sorbic acid has been produced from a fermentation process, and recent techniques in the fermentation process and enzymatic methods have increased the yield of sorbic acid and its purity as well as reducing cost. These developments provide a broader market use for sorbic acid in applications such as in food preservation and personal care products. Additionally, due to the implementation of such complex manufacturing procedures, the manufacturers can adjust to volatile consumer market and product preferences, and that overall results in a fluid market environment. This combination of sustainability and technology means the sorbic acid market is set for gradual expansion as continuing innovations spawn more possibilities for product differentiation and market extension.

Sorbic Acid Market Segment Analysis:

Sorbic Acid Market Segmented based on By Type and By Application

By Type, Activated Carbon segment is expected to dominate the market during the forecast period

• Carbon, in general or activated carbon in particular, is in very high demand for its highly porous structure that make it best in trapping of impurities and contaminants. This is produced from a wide range of carbonaceous source including coal, wood and coconut shells with the material undergoing further activation that opens up its pores leading to enhanced adsorption properties. This feature is unique to all forms of activated carbon and is the reason why it is so important in many different uses, especially in purification of air and water. In air treatment systems, activated carbon filters are applied to remove VOCs and other toxic substances including smells and make indoor environment healthier. In water treatment the compound serves the benefits of removing chlorine, heavy metals, and organics, which are relevant to health standards and enhance the quality of drinking water.
• There is incredible growth in the activated carbon market because of growing environmental challenges, and strict regulatory measures to protect the quality of air and water. Promulgation to cleaner environment through government komenzi and adherence to international adopted standards have challenged industries to adopt introduce enhanced filtration systems inclusive of activated carbon. A basic application of the product is automotive manufacturing where the activated carbon is incorporated in exhaust systems to mitigate the emission of pollutants, and chemical manufacturing industries where it is used in processes that ascertain the purity of products produced. Secondly, waste management facilities also use of activated carbon in the efficient treatment of dangerous waste and effluent. This rise in global environmental-consciousness defines the continually growing need for activated carbon, further stimulating advances of production techniques and utilization in various industries hence jointly confirming its significant standing in environmentalism.

By Application, Pharmaceuticals segment held the largest share in 2023

• In the pharmaceutical industry, cellulose derivatives are known to be essential excipients that provide added functionality and improvements to the performance of formulations. It plays important role in tablet formulation since this property assists firms in ensuring that dosage form is not affected by physical stability during preparation and merchandise on shelf. Furthermore, cellulose derivatives have rheology enhancing effects, which enhances the viscosity and cohesiveness of goods like suspensions and emulsions. They also give the opportunity of slow release of the active ingredients which can be useful where the targeted therapeutic effects are expected. Since cellulose derivatives form a layer that regulates the speed with which a drug is administered into the body, the pharmacokinetics of the particular drugs is enhanced and a patient achieves the right dosage that is effectively administered over a considerable duration of time.
• Further, the development of new and advanced drug formulation types as caused by the progressing biotechnology and molecular individualization of medical treatment has spurred the need for cellulose derivatives. It was also noted that as new therapies are developed, especially ones for chronic diseases including diabetes, cancer as well as cardiovascular diseases, there is considerable need to manage how such drugs are delivered. The soluble nature and solubilising capacity of cellulose derivatives increases for otherwise sparingly soluble drugs enabling optimal therapeutic effect. The latter, as well as the former which has increased in recent years with the use of nanoparticles and microneedles , show the importance of cellulose derivatives in modern pharmaceutical uses. Petroleum based products have continued to gain grounds in meeting the needs of the patient, with cellulose derivatives being pertinent in advancing improved safety solutions in heath care delivery.

Sorbic Acid Market Regional Insights:

North America is Expected to Dominate the Market Over the Forecast period

• The markets driving the growth of sorbic acid in North America are the consumer awareness of food safety and the regulatory agencies. This awareness has instigated higher demand of natural food preservative to enhance the shelf life of food products with health value and safety assurance. Sorbic acid & relates to the use of food preservative as mold inhibitors especially in the products resulting from baking, dairy products and beverages. Manufacturers are now working to substitute sorbic acid for other preservatives because, in addition to helping maintain freshness, it meets today’s consumer expectations of natural and fewer chemical substances on the list of ingredients. This trend enhances the fact that the TG is dominated by the health-conscious consumers who are desperately demanding natural products without adding any chemical substance to it.
• Moreover, it is seen that there have been breakthroughs in clean label product and this has put pressure on the food manufacturers and creators to come up with new techniques and come up with better products with better requirements for the consumers. For this reasons, sorbic acid is on the rise and is preferred due to its natural nature and approval by most of the regulatory bodies. Manufacturers are beginning to advertise their use of sorbic acid as their way of working towards meeting customer needs in terms of quality and safety hence improving their company image. Also, due to a growth of e-shops and food delivery services, increased demand for packaged foods and preservation substances, hence sorbic acid, is observed. Based on these considerations, the North America sorbic acid market is projected to have strong and sustainable development towards new consumption directions as a response to shifting demand trends.

Active Key Players in the Sorbic Acid Market

• Celanese Corporation (U.S.)
• WEGO CHEMICAL GROUP (U.S.)
• Daicel Corporation (Japan)
• Avatar Corporation (U.S.)
• Wanglong Tech Co., Ltd. (China)
• PT HALIM SAKTI PRATAMA (Indonesia)
• Eastman Chemical Company (U.S.)
• Solvay (Belgium)
• QINGDAO KAISON CHEMICALS CO., LTD (China)
• ROSE FOODSTUFF CHEMISTRY COMPANY LIMITED (China)
• Other Key Players

Key Industry Developments in the Sorbic Acid Market:

• In January 2023, Farbe Naturals' unique technology focuses on fermenting naturally available cassava to produce a range of natural sorbic acid and natural potassium sorbate, all under hygienic and aseptic conditions. Farbe Naturals collaborated with Mexican universities, as well as national and international laboratories, to develop and commercialize a fermentation process for cassava. This initiative involves state-of-the-art "anaerobic" fermentation facilities

Chapter 1: Introduction
 1.1 Scope and Coverage

Chapter 2:Executive Summary

Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis

Chapter 4: Sorbic Acid Market by Type
 4.1 Sorbic Acid Market Snapshot and Growth Engine
 4.2 Sorbic Acid Market Overview
 4.3 Activated Carbon
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Activated Carbon: Geographic Segmentation Analysis
 4.4 Polyhydroxyalkanoate
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Polyhydroxyalkanoate : Geographic Segmentation Analysis
 4.5 Microcrystalline Cellulose
  4.5.1 Introduction and Market Overview
  4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.5.3 Key Market Trends, Growth Factors and Opportunities
  4.5.4 Microcrystalline Cellulose : Geographic Segmentation Analysis
 4.6 Methyl Cellulose
  4.6.1 Introduction and Market Overview
  4.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.6.3 Key Market Trends, Growth Factors and Opportunities
  4.6.4 Methyl Cellulose: Geographic Segmentation Analysis
 4.7 Carboxymethyl Cellulose
  4.7.1 Introduction and Market Overview
  4.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.7.3 Key Market Trends, Growth Factors and Opportunities
  4.7.4 Carboxymethyl Cellulose: Geographic Segmentation Analysis
 4.8 Ethyl Cellulose
  4.8.1 Introduction and Market Overview
  4.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.8.3 Key Market Trends, Growth Factors and Opportunities
  4.8.4 Ethyl Cellulose: Geographic Segmentation Analysis

Chapter 5: Sorbic Acid Market by Application
 5.1 Sorbic Acid Market Snapshot and Growth Engine
 5.2 Sorbic Acid Market Overview
 5.3 Food & Beverage
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Food & Beverage: Geographic Segmentation Analysis
 5.4 Industrial Chemicals
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Industrial Chemicals: Geographic Segmentation Analysis
 5.5 Pharmaceuticals
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Pharmaceuticals: Geographic Segmentation Analysis

Chapter 6: Company Profiles and Competitive Analysis
 6.1 Competitive Landscape
  6.1.1 Competitive Benchmarking
  6.1.2 Sorbic Acid Market Share by Manufacturer (2023)
  6.1.3 Industry BCG Matrix
  6.1.4 Heat Map Analysis
  6.1.5 Mergers and Acquisitions
  
 6.2 CELANESE CORPORATION
  6.2.1 Company Overview
  6.2.2 Key Executives
  6.2.3 Company Snapshot
  6.2.4 Role of the Company in the Market
  6.2.5 Sustainability and Social Responsibility
  6.2.6 Operating Business Segments
  6.2.7 Product Portfolio
  6.2.8 Business Performance
  6.2.9 Key Strategic Moves and Recent Developments
  6.2.10 SWOT Analysis
 6.3 WEGO CHEMICAL GROUP
 6.4 DAICEL CORPORATION
 6.5 AVATAR CORPORATION
 6.6 WANGLONG TECH CO
 6.7 LTD
 6.8 PT HALIM SAKTI PRATAMA
 6.9 EASTMAN CHEMICAL COMPANY
 6.10 SOLVAY
 6.11 QINGDAO KAISON CHEMICALS C.
 6.12 LTD
 6.13 AND ROSE FOODSTUFF CHEMISTRY COMPANY LIMITED (CHINA)
 6.14 OTHER ACTIVE PLAYERS

Chapter 7: Global Sorbic Acid Market By Region
 7.1 Overview
 7.2. North America Sorbic Acid Market
  7.2.1 Key Market Trends, Growth Factors and Opportunities
  7.2.2 Top Key Companies
  7.2.3 Historic and Forecasted Market Size by Segments
  7.2.4 Historic and Forecasted Market Size By Type
  7.2.4.1 Activated Carbon
  7.2.4.2 Polyhydroxyalkanoate
  7.2.4.3 Microcrystalline Cellulose
  7.2.4.4 Methyl Cellulose
  7.2.4.5 Carboxymethyl Cellulose
  7.2.4.6 Ethyl Cellulose
  7.2.5 Historic and Forecasted Market Size By Application
  7.2.5.1 Food & Beverage
  7.2.5.2 Industrial Chemicals
  7.2.5.3 Pharmaceuticals
  7.2.6 Historic and Forecast Market Size by Country
  7.2.6.1 US
  7.2.6.2 Canada
  7.2.6.3 Mexico
 7.3. Eastern Europe Sorbic Acid Market
  7.3.1 Key Market Trends, Growth Factors and Opportunities
  7.3.2 Top Key Companies
  7.3.3 Historic and Forecasted Market Size by Segments
  7.3.4 Historic and Forecasted Market Size By Type
  7.3.4.1 Activated Carbon
  7.3.4.2 Polyhydroxyalkanoate
  7.3.4.3 Microcrystalline Cellulose
  7.3.4.4 Methyl Cellulose
  7.3.4.5 Carboxymethyl Cellulose
  7.3.4.6 Ethyl Cellulose
  7.3.5 Historic and Forecasted Market Size By Application
  7.3.5.1 Food & Beverage
  7.3.5.2 Industrial Chemicals
  7.3.5.3 Pharmaceuticals
  7.3.6 Historic and Forecast Market Size by Country
  7.3.6.1 Bulgaria
  7.3.6.2 The Czech Republic
  7.3.6.3 Hungary
  7.3.6.4 Poland
  7.3.6.5 Romania
  7.3.6.6 Rest of Eastern Europe
 7.4. Western Europe Sorbic Acid Market
  7.4.1 Key Market Trends, Growth Factors and Opportunities
  7.4.2 Top Key Companies
  7.4.3 Historic and Forecasted Market Size by Segments
  7.4.4 Historic and Forecasted Market Size By Type
  7.4.4.1 Activated Carbon
  7.4.4.2 Polyhydroxyalkanoate
  7.4.4.3 Microcrystalline Cellulose
  7.4.4.4 Methyl Cellulose
  7.4.4.5 Carboxymethyl Cellulose
  7.4.4.6 Ethyl Cellulose
  7.4.5 Historic and Forecasted Market Size By Application
  7.4.5.1 Food & Beverage
  7.4.5.2 Industrial Chemicals
  7.4.5.3 Pharmaceuticals
  7.4.6 Historic and Forecast Market Size by Country
  7.4.6.1 Germany
  7.4.6.2 UK
  7.4.6.3 France
  7.4.6.4 Netherlands
  7.4.6.5 Italy
  7.4.6.6 Russia
  7.4.6.7 Spain
  7.4.6.8 Rest of Western Europe
 7.5. Asia Pacific Sorbic Acid Market
  7.5.1 Key Market Trends, Growth Factors and Opportunities
  7.5.2 Top Key Companies
  7.5.3 Historic and Forecasted Market Size by Segments
  7.5.4 Historic and Forecasted Market Size By Type
  7.5.4.1 Activated Carbon
  7.5.4.2 Polyhydroxyalkanoate
  7.5.4.3 Microcrystalline Cellulose
  7.5.4.4 Methyl Cellulose
  7.5.4.5 Carboxymethyl Cellulose
  7.5.4.6 Ethyl Cellulose
  7.5.5 Historic and Forecasted Market Size By Application
  7.5.5.1 Food & Beverage
  7.5.5.2 Industrial Chemicals
  7.5.5.3 Pharmaceuticals
  7.5.6 Historic and Forecast Market Size by Country
  7.5.6.1 China
  7.5.6.2 India
  7.5.6.3 Japan
  7.5.6.4 South Korea
  7.5.6.5 Malaysia
  7.5.6.6 Thailand
  7.5.6.7 Vietnam
  7.5.6.8 The Philippines
  7.5.6.9 Australia
  7.5.6.10 New Zealand
  7.5.6.11 Rest of APAC
 7.6. Middle East & Africa Sorbic Acid Market
  7.6.1 Key Market Trends, Growth Factors and Opportunities
  7.6.2 Top Key Companies
  7.6.3 Historic and Forecasted Market Size by Segments
  7.6.4 Historic and Forecasted Market Size By Type
  7.6.4.1 Activated Carbon
  7.6.4.2 Polyhydroxyalkanoate
  7.6.4.3 Microcrystalline Cellulose
  7.6.4.4 Methyl Cellulose
  7.6.4.5 Carboxymethyl Cellulose
  7.6.4.6 Ethyl Cellulose
  7.6.5 Historic and Forecasted Market Size By Application
  7.6.5.1 Food & Beverage
  7.6.5.2 Industrial Chemicals
  7.6.5.3 Pharmaceuticals
  7.6.6 Historic and Forecast Market Size by Country
  7.6.6.1 Turkey
  7.6.6.2 Bahrain
  7.6.6.3 Kuwait
  7.6.6.4 Saudi Arabia
  7.6.6.5 Qatar
  7.6.6.6 UAE
  7.6.6.7 Israel
  7.6.6.8 South Africa
 7.7. South America Sorbic Acid Market
  7.7.1 Key Market Trends, Growth Factors and Opportunities
  7.7.2 Top Key Companies
  7.7.3 Historic and Forecasted Market Size by Segments
  7.7.4 Historic and Forecasted Market Size By Type
  7.7.4.1 Activated Carbon
  7.7.4.2 Polyhydroxyalkanoate
  7.7.4.3 Microcrystalline Cellulose
  7.7.4.4 Methyl Cellulose
  7.7.4.5 Carboxymethyl Cellulose
  7.7.4.6 Ethyl Cellulose
  7.7.5 Historic and Forecasted Market Size By Application
  7.7.5.1 Food & Beverage
  7.7.5.2 Industrial Chemicals
  7.7.5.3 Pharmaceuticals
  7.7.6 Historic and Forecast Market Size by Country
  7.7.6.1 Brazil
  7.7.6.2 Argentina
  7.7.6.3 Rest of SA

Chapter 8 Analyst Viewpoint and Conclusion
8.1 Recommendations and Concluding Analysis
8.2 Potential Market Strategies

Chapter 9 Research Methodology
9.1 Research Process
9.2 Primary Research
9.3 Secondary Research