Global Potassium sorbate Market Analysis 2019
The Global Potassium Sorbate market is expected to grow at a CAGR of 4.6% during the forecast period 2018-2026. Potassium Sorbate is a chemical additive that is a variant of sorbic acid. It is an odorless and tasteless salt, byproduct of sorbic acid and potassium hydroxide. It is primarily used as an preservative. The potassium sorbate has the genetic ability to cork the growth of mold in dairy products. The manufacturers of milk extracted products such as yogurt, cheese are widely using this chemical to extend its shelf life. The increase demand & adoption of processed foods is driving the market growth. However, the excess consumption of potassium sorbate leads to health complications which are restraining the market. The tremendous growth of wine industries will provide huge opportunities in the market.
By product, granules segment is expected to hold larger share of potassium sorbate market owing to the increase in application in food and beverage industry.
The key vendors mentioned are Parchem fine & specialty chemicals, Lubon Industry Co., Ltd., Celanese, APAC Chemical Corporation, Sorbic International, FBC Industries, Jinneng Science & Technology, Tengzhou Aolong Fine Chemical, Hawkins Watts Limited, Lianyungang Mupro Fi Plant, Wanglong Group, Nantong Acetic Acid Chemical, Shandong Kunda, Nantong Alchemy Biotech, and Rugao Changjiang. .
• Personal Care & Cosmetics
• Food & Beverages
• North America
• Asia Pacific
• South America
• Middle East & Africa
Key Questions Answered in this Report:
• How this market evolved since the year 2016
• Market size estimations, forecasts and CAGR for all the segments presented in the scope
• Key Market Developments and financials of the key players
• Opportunity Analysis for the new entrants
• SWOT Analysis of the key players
• Fastest growing markets analysed during the forecast period
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