Global Potassium Sorbate Market is anticipated to grow significantly in the forecast period due to the explosive demand for food and beverage worldwide. Potassium sorbate is a chemical additive that is widely used as preservative in drinks, food stuffs, and personal care items. It is made from potassium hydroxide & sorbic acid and does not have color or taste. It contains antimicrobial properties that stop harmful bacteria from growing. It is extensively used in the production of wine since it prevents the fermentation of yeast in the bottle.
Potassium sorbate market is witnessing growth due to the factors like increased production of food stuffs by food and beverage industry with elongated shelf life, growth of dairy industry, affordable chemical price and staggering growth of wine and beverage industry. Moreover, increasing awareness for hygiene and therefore, rise in demand for personal care products and increased population that is well aware of beauty products are fueling the growth of potassium sorbate market. Potassium sorbate is also widely used for industrial applications, especially for maintaining the quality of wood and preventing it from several damages.
However, potassium sorbate market is anticipated to witness restraints by the government regulations of developed economies concerning food safety. Overuse of the chemical might affect the health of consumers and hence, government policies may hamper the market growth. One of the major trends observed in potassium sorbate market is the large application of the chemical in fruits and vegetables segment.
Download Free Sample Report @ https://www.radiantinsights.com/research/global-potassium-sorbate-market-outlook-2018-2023/request-sample
Potassium sorbate market is categorized on the basis of type, application and geography. On the basis of type, the market is divided into powder, granule and liquid form. Granules segment is expected to hold larger share of potassium sorbate market owing to the increase in application in food and beverage industry.
In terms of application, potassium sorbate market is split into personal care, pharmaceutical products, food & beverages, and industrial purpose. Food and beverage industry followed by pharmaceuticals and cosmetic industry is anticipated to register significant growth in owing to rise in demand for multiple uses.
Geographically, potassium sorbate market is segmented as North America, Latin America, Europe, Asia Pacific and Middle East & Africa. Asia Pacific region is expected to dominate the market due to increasing population and increasing demand from the food industry.
The leading participants in potassium sorbate market are FBC Industries, Inc., APAC Chemical Corporation, Jinneng Science and Technology Company Limited, Parchem fine & specialty chemicals, ICIS, Sorbic International PLC, Lubon Industry Co., Ltd., Tengzhou Aolong Chemical Co. Ltd. and Wanglong Chemicals.
Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/global-potassium-sorbate-market-outlook-2018-2023
Table of Contents
Part 1. Summary
Part 2. Report Methodology
2.2 Data Source
Part 3. Market Overview
3.1 General Information
3.2 Segmentation by Type
3.3 Segmentation by Application
3.4 Regional Potassium Sorbate Market Size (Status & Prospect)
3.4.1 North America
3.4.4 Middle East & Africa
3.4.5 South America
Part 4. Competitive Landscape
4.1 Global Potassium Sorbate Sales & Share by Company (2013-2018)
4.2 Global Potassium Sorbate Revenue & Share by Company (2013-2018)
4.3 Price Trends
4.4 Competitive Trends
Part 5. Segmentation by Type
5.1 Global Potassium Sorbate Sales Volume by Type (2013-2018)
5.2 Global Potassium Sorbate Revenue by Type (2013-2018)
5.3 Global Potassium Sorbate Price by Type (2013-2018)
Browse More Reports in Chemicals Industry:
1) Copper Sulfate Pentahydrate Market – https://www.radiantinsights.com/research/global-copper-sulfate-pentahydrate-market-outlook-2017-2022
2) Agriculture Micronutrient Market – https://chemicalindustryreport.blogspot.com/2019/02/global-agriculture-micronutrient-market-research-report-2019.html
3) Methyl Alcohol Market – https://chemicalinsights.blogspot.com/2019/02/global-methyl-alcohol-market-2016-2025.html
Company Name: Radiant Insights, Inc.
Contact Person: Michelle Thoras, Corporate Sales Specialist – USA
Email: Send Email
Phone: (415) 349-0054, Toll Free: 1-888-928-9744
Address:201 Spear Street 1100, Suite 3036
City: San Francisco
Country: United States