Sorbic Acid Market Sorbic Acid Market

Sorbic Acid Market Key Players, Trends, Growth Opportunities
and Industry Forecast till 2023
“Globally, the market is predicted to grow at CAGR of 5.1%
in the forecast period, providing numerous opportunities
for market players to invest for research and development
in the sorbic acid market.”
The global sorbic acid market is expected to generate higher growth revenue over the next seven years. The
market is subject to witness a substantial growth due to the anti-fungal and anti-decomposition properties
associated with sorbic acid. Increasing adoption of sorbic acid in medicines, grains, toothpaste and cosmetics
products due to its anti-fungal properties is expected to drive market demand over the forecast period.
Application of sorbic acid include tobacco, latex, animal feed, paper and pesticides manufacturing. Rising
demand for sorbic acid from wine industry due to its ability to negate the foul smell of ether in the alcohol is
anticipated to boost the growth of sorbic acid over the next seven years. Globally, the market is predicted to
grow at CAGR of 5.1% in the forecast period, providing numerous opportunities for market players to invest for
research and development in the sorbic acid market.
Sorbic acid, also referred as 2, 4-hexadienoic acid, is naturally occurring organic compound that is extensively
used as food preservative. Sorbic acid is commonly identified as an unsaturated fatty acid that exhibits inhibitory
effects against molds, yeasts, and bacteria. Sorbic acid prevents growth of food borne pathogens. These factors
are expected to stimulate market demand for sorbic acid from food & beverages industry.
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Higher approval rate for regular use of sorbic acid from regional and international authorities such as The U.S.
Food and Drug Administration is projected to positively impact market expansion in the upcoming years. Recent
studies showcases sorbic acid is safe for regular use and not linked to cancer or other major health problems.