Humectants Market Research Report - Global Forecast till 2030

Humectants Market Research Report Information by Type (Glycols, Glycerol, Sugar Alcohols, Polysaccharides, Alpha Hydroxy Acids and others), Source (Natural and Synthetic), Application (Food Beverages, Personal Care, Pharmaceuticals and others) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2030

ID: MRFR/F-B & N/6409-HCR | 90 Pages | Author: Snehal Singh | March 2024         

Humectants Market Speak to Analyst Request a Free Sample

Humectants Market


Humectants Market Size is Anticipated to Reach  at a 5.3% CAGR and reach USD 38.9 Billion by 2020- 2030.


Humectants are hygroscopic substances added to products to help retain moisture. They are widely used in food products, beverages, cosmetics, pharmaceuticals, agrochemicals, and animal feed. Market growth can be attributed to the growth of application industries, rising demand for healthy food & beverages, surging demand for biodiesel, and fluctuating prices of sugar. Natural humectants are being consumed in large volumes in the food & beverage industry as they help in increasing product shelf life, imparting sweetness, and balancing the moisture content of products. However, the implementation of stringent regulations pertaining to the production and consumption of emollient and humectants, especially in the developed economies in Europe and North America, is hampering market growth. Humectant manufacturers must comply with the international quality standards set by regulatory authorities, which is creating hurdles to the growth of the global humectants market.


Segmentation


The Global Humectants Market has been segmented based on type, source, application, and region.


By type, the global market has been classified as glycols, glycerol, sugar alcohols, polysaccharides and alpha hydroxy acids (AHAs), and others. The sugar alcohols segment is expected to garner the largest market share and register the highest CAGR during the forecast period.


The global market has been segregated, on the basis of source, into natural and synthetic. In 2018, the synthetic segment accounted for the larger revenue share of the global market. However, the natural segment is projected to exhibit the higher growth rate during the forecast period of 2019 to 2024.


Based on application, the global market has been categorized as food & beverages, personal care, pharmaceuticals, and others. The food & beverages segment has further been divided into bakery and confectionery, dairy and frozen desserts, beverages, and others. The food & beverages segment is expected to account for the largest revenue share of the market and exhibit the highest growth rate from 2019 to 2024, with the bakery & confectionery sub-segment dominating the market.


The global humectants market has been studied with regard to four key regions—North America, Europe, Asia-Pacific, and the rest of the world.


The North American humectants industry has further been segmented into the US, Canada, and Mexico. The European humectants industry has been classified as the UK, Germany, France, Italy, Spain, and the rest of Europe. The humectants market in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The humectants industry in the rest of the world has been segmented into South America, the Middle East, and Africa.


Key Players



  • Cargill, Incorporated (US)

  • BASF SE (Germany)

  • Archer Daniels Midland Company (US)

  • DowDuPont (US)

  • Roquette Frères (France)

  • Ingredion Incorporated (US)

  • Ashland Global Holdings Inc. (US)

  • Barentz (Netherlands)

  • Batory Foods (US)

  • Lianyungang Dongtai Food Ingredients Co., Ltd (China)

  • Sweeteners Plus Inc. (US)

  • Galactic S.A. (Belgium)

  • Fooding Group Limited (China)

  • Nutra Food Ingredients LLC (US)

  • Brenntag AG (Germany)


Regional Market Summary


Global Humectants Market Share (%), by Region, 2018  Humectants Market_Image


Source: Secondary Sources and MRFR Analysis


Europe is projected to dominate the global humectants market during the forecast period owing to the surging demand for bakery products and confectioneries. Moreover, the high consumption of humectants in the animal feed industry is catalyzing market growth in Europe. However, the market in Asia-Pacific is expected to register the highest growth rate during the forecast period due to the expanding industries, where humectants and humectant products are widely used, in developing countries such as China and India.


Global Humectants Market, by Type



  • Glycols

  • Glycerol

  • Sugar Alcohols

  • Polysaccharides and Alpha Hydroxy Acids (AHAs)

  • Others


Global Humectants Market, by Source



  • Natural

  • Synthetic


Global Humectants Market, by Application



  • Food & Beverages


    • Bakery and Confectionery

    • Dairy and Frozen Desserts

    • Beverages

    • Others


  • Personal Care

  • Pharmaceuticals

  • Others


Global Humectants Market, by Region



  • North America

    • US

    • Canada

    • Mexico





  • Europe

    • Germany

    • France

    • Italy

    • Spain

    • UK

    • Rest of Europe





  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia and New Zealand

    • Rest of Asia-Pacific





  • Rest of the World (RoW)

    • South America

    • Middle East

    • Africa




Intended Audience



  • Humectants producers/processors

  • Food & beverage manufacturers

  • Personal care products and cosmetics manufacturers

  • Pharmaceuticals and nutraceuticals manufacturers

  • Animal feed manufacturers

  • Raw material suppliers and distributors

  • Traders, exporters, and importers



Frequently Asked Questions (FAQ) :

Humectants Market is expected to grow at a 5.3% CAGR and reach USD 38.9 Billion by 2030

Cargill, Incorporated (US),BASF SE (Germany),Archer Daniels Midland Company (US),DowDuPont (US),Roquette Frères (France),Ingredion Incorporated (US),Ashland Global Holdings Inc. (US),Barentz (Netherlands),Batory Foods (US),Lianyungang Dongtai Food Ingredients Co., Ltd (China),Sweeteners Plus Inc. (US),Galactic S.A. (Belgium),Fooding Group Limited (China),Nutra Food Ingredients LLC (US),Brenntag AG (Germany)

Rising demand for healthy food and beverages • Surging demand for biodiesel • Fluctuating prices of sugar

by Type, Source , Application, and Region of Humectants Industry

Key Questions Answered

  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players’ financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Request Free Sample

Why Choose Market Research Future?

  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.
Speak to Analyst
Leading companies partner with us for data-driven Insights.
Client logo Client logo Client logo Client logo Client logo Client logo Client logo Client logo Client logo Client logo

Kindly complete the form below to receive a free sample of this Report

Please fill in Business Email for Quick Response
Invalid