PUBLISHER: Lucintel | PRODUCT CODE: 1523253
PUBLISHER: Lucintel | PRODUCT CODE: 1523253
Humectant Trends and Forecast
The future of the global humectant market looks promising with opportunities in the food & beverage, oral & personal care, pharmaceutical, and animal feed markets. The global humectant market is expected to reach an estimated $42 billion by 2030 with a CAGR of 6.3% from 2024 to 2030. The major drivers for this market are growing demand from the food & beverage and cosmetic industries and increasing consumer awareness towards the health risks associated with sugar consumption.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Humectant by Segment
The study includes a forecast for the global humectant by type, application, and region.
List of Humectant Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies humectant companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the humectant companies profiled in this report include-
Humectant Market Insights
Lucintel forecasts that sugar alcohol is expected to witness the highest growth over the forecast period.
Within this market, food & beverage will remain the largest segment due to increasing customer preference for food products with long shelf life.
APAC is expected to witness the highest growth over the forecast period due to increasing demand for dietary supplements and functional food items in the region.
Features of the Global Humectant Market
Market Size Estimates: Humectant market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Humectant market size by type, application, and region in terms of value ($B).
Regional Analysis: Humectant market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the humectant market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the humectant market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the humectant market size?
Answer: The global humectant market is expected to reach an estimated $42 billion by 2030.
Q2. What is the growth forecast for humectant market?
Answer: The global humectant market is expected to grow with a CAGR of 6.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the humectant market?
Answer: The major drivers for this market are growing demand from the food & beverage and cosmetic industries and increasing consumer awareness towards the health risks associated with sugar consumption.
Q4. What are the major segments for humectant market?
Answer: The future of the humectant market looks promising with opportunities in the food & beverage, oral & personal care, pharmaceutical, and animal feed markets.
Q5. Who are the key humectant market companies?
Answer: Some of the key humectant companies are as follows:
Q6. Which humectant market segment will be the largest in future?
Answer: Lucintel forecasts that sugar alcohol is expected to witness the highest growth over the forecast period.
Q7. In humectant market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period due to increasing demand for dietary supplements and functional food items in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.