Humectants Market – Global Industry Analysis and Forecast (2023-2029)

Humectants Market size is expected to reach nearly US$ 40.43 Bn by 2029 with the CAGR of 6.5% during the forecast period.
Humectants Market Dynamics:
The increased use of humectants in bakery and confectionery products, cosmetics, personal products, animal feed, and pharmaceutical industries have contributed to the growth of the humectants Market globally.
Humectants Market Snapshot
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Humectants Market Segment Analysis:
The Humectants Market on the basis of type is segmented by sugar alcohol, glycerol, alpha hydroxy acid & polysaccharides, glycols. The sugar alcohol sub-segment had governed the market in 2022 due to its uses in various end-use applications like food and beverages, oral and personal care, and pharmaceuticals. The Humectants Market has been further segmented on the basis of application into food & beverages, oral & personal care, pharmaceuticals, and animal feed among others. The food and beverage sub-segment had governed the market in 2022 due to factors such as increased shelf life and increased awareness about nutritious diet. The oral and personal care sub-segment is projected to grow at a high rate during the forecast period with natural humectants being more in demand globally.
Humectants Market Regional Insights:
Europe had governed Humectants Market in 2022 due to the large consumption of humectants in this region. The Asia Pacific is expected to be the fastest-growing region with growth in pharmaceutical industries especially resulting out of stringent government regulations has been a major factor that has boosted the application of Humectants Market in the Asia Pacific region.
Humectants Market Key Highlights:
Humectants Market analysis and forecast, in terms of value.

Comprehensive study and analysis of market drivers, restraints, and opportunities influencing the growth of the Humectants Market

Humectants Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.

Humectants Marketstrategic analysis with respect to individual growth trends, future prospects with the contribution of various sub-market stakeholders have been considered under the scope of the study.

Humectants market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA), and Latin America along with country-wise segmentation.

Profiles of key industry players, their strategic perspective, market positioning, and analysis of core competencies are further profiled.

Competitive developments, investments, strategic expansion, and the competitive landscape of the key players operating in the Humectants Market are also profiled.

Research Methodology:

Bloomberg, Factiva, and Hoovers are some of the sites that are being referred to gain insights about the Humectants Market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of this market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the Humectants market globally.

Key Target Audience:

Humectants manufacturers

Government bodies and research organizations

Manufacturers or Suppliers of food & beverage products

Manufacturers or Suppliers of pharmaceutical products

Manufacturers or Suppliers of animal feed products

Manufacturers or Suppliers of cosmetic & personal care products

Intermediary suppliers

Regulatory bodies

Region Analysis:

Breakdown of The North America Market

Breakdown of The European Market

Breakdown of The Asia Pacific Market

Breakdown of The Middle East & Africa Market

Breakdown of The Latin America Market
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Global Humectants Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 26.01 Bn.


Forecast Period 2023 to 2029 CAGR:
6.5%
Market Size in 2029:
US $ 40.43 Bn.


 Segments Covered:
by Source
Synthetic
Natural


by Type
Sugar alcohol
Glycerol
Alpha hydroxy acids & polysaccharides
Glycols
Others


by Application
Food & beverage
Oral & personal care
Pharmaceuticals
Animal feed
Others



Humectants Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina, Columbia and Rest of South America)
Humectants Market, Key Players are
1. Cargill (U.S.)
2. The Dow Chemical Company (U.S.)
.3. Archer Daniels Midland Company (ADM) (U.S.)
4. Roquette Frères (France)
5. Ingredion Incorporated (U.S.)
6. BASF SE (Germany)
7. E. I. du Pont de Nemours and Company (U.S.)
8. Roquette Frères (France)
9. Wuhan Sanjiang Space Gude Biotech Co.
10. VMP Chemiekontor GmbH
11. Ingredion Incorporated (U.S.)
12. The Lubrizol Corporation,
13. Vantage Specialty Ingredients, Inc
14. VMP Chemiekontor
15. Lubrizol
16. Lipo Chemicals
17. Ingredion Incorporated (U.S.)
18. Barentz,
19. Altergon
20. Ashland Global Holdings Inc.

Frequently Asked Questions:

1. Which region has the largest share in Global Market?
Ans: Europe region held the highest share in 2022.

2. What is the growth rate of Global Market?
Ans: The Global Market is growing at a CAGR of 6.5% during forecasting period 2023-2029.

3. What is scope of the Global market report?
Ans: Global Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global market?
Ans: The important key players in the Global Market are – Cargill (U.S.), The Dow Chemical Company (U.S.), Archer Daniels Midland Company (ADM) (U.S.), Roquette Frères (France), Ingredion Incorporated (U.S.), BASF SE (Germany), E. I. du Pont de Nemours and Company (U.S.), Roquette Frères (France), Wuhan Sanjiang Space Gude Biotech Co., VMP Chemiekontor GmbH, Ingredion Incorporated (U.S.), The Lubrizol Corporation,, Vantage Specialty Ingredients, Inc, VMP Chemiekontor, Lubrizol, Lipo Chemicals, Ingredion Incorporated (U.S.), Barentz,, Altergon, and Ashland Global Holdings Inc.

5. What is the study period of this market?
Ans: The Global Market is studied from 2022 to 2029.