Potassium Sorbate Market size was over USD 188.74 billion in 2024 and is anticipated to exceed USD 358.84 billion by the end of 2037, growing at over 5.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of potassium sorbate is evaluated at USD 196.44 billion.
The rising focus on food safety will drive the market growth. Unsafe food is a threat to human health and economies as a whole. It affects the weaker section of society, particularly women and children. Moreover, every year around 600 million cases of foodborne illness occur in the world.
Moreover, the rising use of potassium sorbate in the pharmaceutical industry is also expected to augment the potassium sorbate market growth. Potassium sorbate is often used as a preservative in liquid pharmaceutical formulations such as syrups, suspensions, and oral solutions. It helps inhibit the growth of microorganisms and degrade the integrity of the product. Besides this, potassium sorbate may find use in various non-food industrial applications, such as in the production of adhesives, coating, and lubricants. However, the function is quite similar, it also protects industrial products from microbial contamination by serving as a preservative.
Growth Drivers
Challenges
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
5.2% |
|
Base Year Market Size (2024) |
USD 188.74 billion |
|
Forecast Year Market Size (2037) |
USD 358.84 billion |
|
Regional Scope |
|
End User (Personal Care, Pharmaceutical, Food & Beverages)
The food & beverages sector is estimated to hold over 55% share of the potassium sorbate market in the year 2037, growing at a CAGR of approximately 4% over the forecast period. Potassium sorbate is commonly used in bakery products, such as bread, cakes, pastries, and cookies. It helps prevent the growth of mold and yeast, which can cause spoilage and affects the texture and flavor of baked goods. Moreover, it also helps in maintaining the freshness of juices, soda drinks, and others.
Application (Pharmaceutical Grade, Food Grade, Technical Grade)
Potassium sorbate market from the food grade segment is expected to collect a significant revenue of 46% in the year 2037. The rising use of readymade sauces, dressings, and ready-to-eat meals will drive the growth of the segment. Food-grade potassium sorbate is used in salad dressings and sauces for preserving the quality and flavor of these products. Moreover, it is also added to frozen foods, ready-to-eat meals, and canned goods to increase its shelf life.
Our in-depth analysis of the global market includes the following segments:
|
Type |
|
|
Application |
|
|
End User |
|
North American Market Statistics
The potassium sorbate market in North America is projected to be the largest with a share of about 34% in the near future. The growth of the market can be attributed majorly to the rising consumption of canned food. Currently, around 98 percent of people in America have canned foods in their kitchens, with the average cupboard in the region containing 24 cans. Moreover, canned vegetables are also popular, with maize coming out on top. Approximately 63% of Americans own canned corn. Green canned beans and tomatoes come in second and third place, respectively.
European Market Forecast
The Europe potassium sorbate market is estimated to be the second largest, registering a share of about 26% between 2025 and 2037. The rising consumption of bread is expected to drive market growth in the region. In the European 27 countries, the overall consumption of viennoiserie, bread, and patisserie was around 39 million tonnes in recent years. Potassium sorbate is often added during the preparation of bread dough. It is typically mixed with dry ingredients such as flour, salt, and sugar before the addition of water and yeast.
Author Credits: Rajrani Baghel
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?