Lucintel Forecasts The Global Sorbitan Laurate Market To Reach $6 Billion By 2030

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According to a market report by Lucintel, the future of the global sorbitan laurate market looks promising with opportunities in the skin care products, makeup products, solid body soap, hair care products, food additives, and sun protection products markets. The global sorbitan laurate market is expected to reach an estimated $6 billion by 2030 from $4 billion in 2024 at a CAGR of 6.3% from 2024 to 2030. The major drivers for this market are increasing demand for cosmetics and personal care products and increasing demand from food industry where it is used as emulsifier and stabilizer in food products.
A more than 150-page report to understand trends, opportunity and forecast in global sorbitan laurate market to 2030 by type (medical grade, food grade, and others), application (skin care products, makeup products, solid body soap, hair care products, food additives, sun protection products, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, food grade will remain a larger segment over the forecast period.
Within the application ...
... category, food additives will remain the largest segment.
Download sample by clicking on sorbitan laurate market.
In terms of regions, APAC will remain the largest region over the forecast period due to increasing number of producers and end customers in the region.
Lakeland Chemicals, Croda, Vantage Specialty Ingredients, Oxiteno, Ethox Chemical, Quality Group, Estelle Chemicals, Solvay, Lonza, Kao Chemicals are the major suppliers in the sorbitan laurate market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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