The new report titled ‘Global Humectants Market’, published by Emergen Research, is methodically curated by our team of analysts, keeping readers’ understanding in mind, and includes a wide-ranging database of industry distribution. The report takes a closer look at the historical and current market scenarios to accurately predict the global Humectants market outlook over the forecast duration (2023-2032). Researchers have taken a holistic approach towards the global market analysis and highlighted the factors that influence the overall growth of the market. The study involves the use of efficient analytical tools like SWOT analysis and Porter’s Five Forces to inspect the strengths, weaknesses, opportunities, and threats associated with the growth of the various market segments. The study includes vital information, like the market shares of the major players, that aids the reader in gaining a thorough understanding of the Humectants market. The most recent research study serves as the ideal illustration of the thorough analysis of the international Humectants market. The table of contents, a list of tables and figures, research methods, geographic segmentation, competitive environment, upcoming developments, and technological innovation are all included in this document. Nearly all facets of this company domain have been influenced by the worldwide disruptive incident. However, the most recent study, with regard to this industry, elaborates on the current market situation and projects what would happen after the epidemic. The research also includes expert comments on the market's present state as well as discussions of the market's key components.
The global humectants market size was USD 10.69 Billion in 2022 and is expected to register a steady revenue CAGR of 7.6 % during the forecast period, according to latest analysis by Emergen Research. Increasing number of consumers becoming more conscious regarding hydration and skin care and rising use of natural and organic ingredients in personal care and skincare products are major factors driving market revenue growth. Major Fast Moving Consumer Goods (FMCG) companies that produce personal care, skin care, and fast-moving consumer goods are procuring humectants at a large scale to enhance shelf-life of their products. For instance, in May 2022, Beiersdorf AG, a personal-care product manufacturing company based in Germany, which focuses on skin care included humectants in its sun care product line. However, high cost of raw materials and availability of alternatives are expected to restrain revenue growth of the market during the forecast period. Cost of procuring natural humectants and organic humectants is high due to their scarcity and accessibility, which in turn, rises cost of producing this product and restraining revenue growth of the market.
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Because there are so many businesses in this sector, the global market for Humectantss is very consolidated. These businesses are renowned for making significant investments in RD initiatives. Additionally, they own a sizeable amount of the market share overall, which restricts the entry of new companies into the industry. The analysis on the worldwide Humectants market examines the clever strategies used by the top market competitors, including joint ventures, partnerships, mergers, and acquisitions.
Some of the key participants in this industry include:
BASF SE, Ingredion Incorporated, Roquette Frères S.A., Brenntag North America, Inc., Spectrum Laboratory Products, Inc., STOCKMEIER Group, Ashland Inc., Vantage Specialty Chemicals, Inc., JELU-WERK J. Ehrler GmbH Co. KG, PG Chemicals, Azelis Americas, LLC., and Prakash Chemicals International Private Limited (PCIPL), among others
Key regions covered in the report:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East Africa
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Furthermore, the report provides the analytical data in an organized format segmented into charts, tables, graphs, figures, and diagrams. This enables readers to understand the market scenario in an easy and beneficial manner. Moreover, the report aims to impart a prospective outlook and draw an informative conclusion to assist the reader in making lucrative business decisions. The report, in conclusion, provides a detailed analysis of the segments expected to dominate the market, the regional bifurcation, the estimated market size and share, and comprehensive SWOT analysis and Porter’s Five Forces Analysis.
On the basis of type, the market is segmented into
Source Outlook (Revenue, USD Billion; 2019-2032)
- Natural
- Synthetic
- Plant-Based
- Animal-Based
Type Outlook (Revenue, USD Billion; 2019-2032)
- Sugar Alcohols
- Glycerol
- Alpha Hydroxy Acids (AHAS) and Polysaccharides
Application Outlook (Revenue, USD Billion; 2019-2032)
- Food Beverages
- Bakery and Confectionary Products
- Beverages
- Functional and Nutritional Foods
- Other Food Beverages
- Oral and Personal Care Product
- Animal Feed
- Pharmaceuticals
- Others
- Food Beverages
Valuable Market Insights:
- The report highlights the latest trends observed in the consumption pattern of each regional segment.
- Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
- The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Humectants market.
- The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.
Questions addressed in the report:
- What is the estimated market growth rate throughout the forecast period?
- Which end-use industry is expected to witness the highest demand for Humectants in the near future?
- What is the regulatory framework governing the application of Humectants in the food industry?
- Which manufacturing processes are utilized for the production of Humectants?
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