A recent report published by Infinium Global Research on the 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 the 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 pharmaceutical 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, 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 global humectants market is projected to grow at a CAGR
of 3.6% over the forecast period of 2019-2025.
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 types of
substitutes 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.
North America is the largest player in
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. Furthermore, 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 the 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 the 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.