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:
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Author Credits: Rajrani Baghel
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