Sorbitan Monolaurate Market Size, Share, Trends, Growth 2030

With a compound annual growth rate (CAGR) of around 3.33% between 2023 and 2030, the global sorbitan monolaurate market estimated to be valued around USD 810.44 million in 2022, is expected to reach roughly USD 1,053.25 million by 2030.

Global Sorbitan Monolaurate Market: Overview

Sorbitan, the generic term for anhydrides, is derived from sorbitol. It’s a crystalline hex hydric alcohol. It naturally arises from fruits, seaweed, and algae. It is an amber-colored, thick liquid with an oily texture and a faint smell. Polyols, fatty acids derived from isosorbide and sorbitan, and the esters of lauric acid combine to make sorbitan monolaurate.

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Global Sorbitan Monolaurate Market: Growth Factors

Because of its emulsifying qualities, sorbitan monolaurate is highly sought after in the cosmetics industry; this is the primary driver of the worldwide sorbitan monolaurate market’s expansion. Solubitan monolaurate applications have expanded quickly across a range of end-user sectors. This is because firms are conducting considerable research and development, which is driving the market’s expansion. Sorbitan tristearate is widely utilized in the baking and confectionary industry, which contributes to the expansion of the sorbitan monolaurate market worldwide.

This is expected to account for over 50% of the market share in terms of volume and value. Solubitan monolaurate is highly sought after in the personal care sector for usage in skin care products such as moisturizers, eye makeup, and washing agents.

Global Sorbitan Monolaurate Market: Segmentation

The sorbitan monolaurate market is divided into many segments based on its intended use. The market is divided into segments according to the application, including food, personal care, insecticides, medicines, coatings, and plastics. The food section is further divided into categories such as dairy and confectionary goods, meat products, sauces, dietary food supplements, and beverage whiteners. Subcategories under the personal care industry segment include makeup, powders, skin care, deodorants, hair care, and other cosmetics.

Global Sorbitan Monolaurate Market: Regional Analysis

Geographically speaking, the sorbitan monolaurate market is divided into North America, Asia-Pacific, the Middle East and Africa, Western and Eastern Europe, and Latin America. Europe is one of the biggest markets for sorbitan monolaurate because of the region’s thriving food and beverage sector. The market for sorbitan monolaurate is expected to expand in Western Europe in the coming years due to the fast expansion of baked goods and confections. A respectable market share is also contributed by the Asia Pacific area, although its growth rate is modest.

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