PUBLISHER: Polaris Market Research | PRODUCT CODE: 1786903
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1786903
The global potassium sorbate market size is expected to reach USD 284.37 million by 2034, according to a new study by Polaris Market Research. The report "Potassium Sorbate Market Size, Share, Trends, Industry Analysis Report By Application (Food & Beverages, Pharmaceuticals, Cosmetics & Personal Care, Industrial, Others), By Form, By Region - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The potassium sorbate market focuses on the production and distribution of potassium sorbate, a widely used chemical preservative. This white, odorless, and water-soluble salt is effective at stopping the growth of molds, yeasts, and certain bacteria, which helps extend the shelf life of various products. It is primarily known for its role in preventing spoilage in food and beverages, but its applications also extend to pharmaceuticals and personal care items.
The increasing consumption of processed and convenience foods globally drives the potassium sorbate industry growth, as these products heavily rely on preservatives to maintain freshness and safety. Additionally, a heightened awareness of food safety and stringent regulatory standards worldwide are prompting manufacturers to use approved and effective preservatives. The expanding use in non-food applications, such as cosmetics and pharmaceuticals, also contributes to the overall positive outlook of this market.
By application, the food and beverages segment held the largest share of the potassium sorbate market in 2024. This is largely attributed to the ever-increasing global demand for processed and convenience foods, which heavily rely on effective preservatives such as potassium sorbate to extend shelf life and ensure product safety during storage and transportation.
By form, the powder form of potassium sorbate held the largest share in 2024. This is primarily attributed to its ease of handling, long shelf life, and cost-effectiveness, making it a preferred choice for large-scale industrial applications. In the food & beverage industry, it can be easily incorporated into various formulations.
By region, North America held the largest share of the global potassium sorbate market in 2024. This dominance is driven by the region's well-established food processing industry, coupled with stringent food safety regulations and high consumer demand for packaged and convenience foods. The Asia Pacific market is expected to show significant growth during the forecast period.
A few key players in the market include Celanese Corporation; Wanglong Group; Daicel Corporation; Sorbic International; Jiangsu Sanjili Chemical Co. Ltd.; J. K. Chemicals; Wego Chemical Group; VWR International; Haihang Industry Co., Ltd.; and Bimal Pharma Pvt Ltd.
Polaris Market Research has segmented the potassium sorbate market report on the basis of application, form, and region:
By Application Outlook (Revenue - USD Million, 2020-2034)
Food & Beverages
Pharmaceuticals
Cosmetics & Personal Care
Industrial
Others
By Form Outlook (Revenue - USD Million, 2020-2034)
Powder
Granular
Liquid
By Regional Outlook (Revenue - USD Million, 2020-2034)
North America
U.S.
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America