A recent report published by Infinium Global Research on humectants market provides in-depth analysis of segments and sub-segments in the global as well as regional humectants market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional humectants market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global humectants market. According to the report, the global humectants market is projected to grow at a CAGR of 3.6% over the forecast period of 2019-2025.
The growing application of the humectant as a moisturizing agent, to retain the moisture of the products for the long term is helping to grow its market around the world. It is used in the different industries to keep the thing moist, such as in the food processing industry, cosmetics industry, feed industry, and pharmaceuticals industry. In the cosmetics and pharmaceutical industry, it is used to improve the solubility of the chemical compound, and to improve the chemical compound's ability to penetrate the skin. Further, it is used for stabilization of the food products and facilitate to elongate the shelf life of food products. In addition to, it is used to reduce the availability of the water content inside the foodstuff, while simultaneously maintaining the moisture at a good level, which helps to control the microbial activities inside the foodstuff. Moreover, in the cosmetics industry, it is used to maintain the moisture of the skin and hair for the long term.
The growing demand of the humectants from the food processing industry is helping to grow its demand around the world. Further, growing urbanization and changing lifestyle, which in turn is generating demand for the different type of humectant based products among urban consumers. However, the availability of the different type of substitute is hampering the growth of this market. Moreover, the growing demand for humectant based products among the youth and middle-class consumers around the world is expected to grow this market in the near future.
Geographically, the humectants market is segmented into four regions, namely North America, Europe, the Asia-Pacific, and the RoW. North America is the largest player of the humectants market, owing to the presence of several foods and beverage processing companies, cosmetics companies, animal feed manufacturing companies and pharmaceutical companies in this region. Further, the Asia-Pacific humectants market is expected to grow at the highest CAGR during the forecast period, owing to the growing demand of the humectants based products in this region.
The report on global humectants market covers segments such as source, type, and application. On the basis of source, the sub-markets include synthetic, and organic. On the basis of type, the sub-markets include sugar alcohols, glycerol, glycols, alpha hydroxy acids (AHAS) & polysaccharides, and other types. On the basis of application, the sub-markets include food & beverages, oral & personal care products, animal feed, pharmaceuticals, and other applications.
The report provides profiles of the companies in the market such as Corbion N.V., Batory Foods, Ashland Global Specialty Chemicals Inc., Barentz B.V., Brenntag AG, E. I. du Pont de Nemours and Company, Ingredion Incorporated, Roquette Brothers, The Archer Daniels Midland Company, and BASF SE.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of humectants market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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