Sorbates Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product Type (Potassium Sorbate, Sorbic Acid, and Others), By Application Type (Oils & Fats, Meat, Poultry, & Seafood, Bakery & Confectionery, Dairy & Frozen Products, Sauces, Savory, & Dressings, Cosmetic, Pharmaceuticals, Snacks, Beverages, Feed, and Others) and Region  

Sorbates Market size was valued at US$ 358.4 million in 2023 and is poised to grow at a significant CAGR of 5.8% over 2024-2030. Sorbate is an unsaturated fatty acid identified to have inhibitory effects against a wide range of microorganisms including food-borne pathogens. They are simply soluble in water and display the highest efficiency in the pH range of 4-6.5. Sorbates are used in very low concentrations of 0.025% in the finished food items.

The global sorbates market growth is anticipated to witness significant overall growth attributable to aspects such as growing population, and increasing disposable income. Furthermore, the wide range of applications of sorbates in various industries such as food and beverages, Pharmaceuticals, chemical, halal cosmetics, feed, leather, and paint also the rising demand for an artificial preservative in pharmaceuticals and health sector is projected to boost the overall demand for sorbates during the forecasted period.

Additionally, a continuous increase in the consumption of processed, packaged, and ready-to-eat food due to busy lives, changes in eating patterns, and with the spread of the coronavirus, a pandemic will further increase the demands for sorbates as preservatives in the food and beverages industries. For instance, as per the Medical News Report in 2020, the global consumption of processed food is listed as 20-60% of a person's daily intake, which contains baked goods, frozen, ready meals, packaged bread, and processed cheese products. Furthermore, as per the Fast-Food Statistics 2021 report, in the US, 23% of the adults take fast food meals three or more times a week while 34% of children of 2 to 19 years eat fast food daily and 80% of americans visit a fast-food restaurant once a month. With these factors, the sorbates market would expect to grow exponentially over the forecasted period.  

 Sorbates Market key Developments:

• In July 2021, the Department of Food Science and Technology in Brazil developed a capillary electrophoresis technique to control the concentrations of sorbate and benzoate in brazilian samples of tomato sauce mustard and ketchup.