Potassium Sorbate Market Growth Rate, Size, Key Players, Outlook, Industry Analysis and Region Forecast 2018-2023 By Radiant Insights, Inc

“Radiant Insights, Inc”
Radiant Insights has announced the addition of “Global Potassium Sorbate Market Outlook 2018-2023” Market Research report to their database.

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.

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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.

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Table of Contents

Part 1. Summary

Part 2. Report Methodology
2.1 Methodology
2.2 Data Source
2.3 Disclaimer

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
3.4.2 Europe
3.4.3 Asia-Pacific
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)

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