The global Sorbitan Monostearate market stood at approximately 315 thousand tonnes in 2023 and is anticipated to grow at a CAGR of 3.65% during the forecast period until 2034. Sorbitan monostearate, derived from sorbitol and stearic acid, possesses distinct solubility properties: the sorbitol end is highly soluble in water, while the stearic acid end is soluble in fats. This unique structure enables effective emulsification of oil and water, making it valuable in various products. Primarily, it is utilized to uphold a stable suspension of water and oil.
Sorbitan Monostearate is mainly used in the production of instant dry yeast Additionally, it functions as a wax coating for produce and facilitates the production of instant dry yeast, where it protects yeast cells during drying and aids in their rehydration upon usage. Its applications span across various foods items, serving as an emulsifying agent in cake mixes, icings, baked goods, puddings, and imitation whipped cream, enhancing texture and resulting in softer cakes with a uniform crumb structure. Furthermore, its mild odour and skin-friendly nature make it a preferred emulsifier in skincare products such as haemorrhoid creams, moisturizers, cleansing lotions, foundations, sunscreens, lipsticks, and bath oils. In pharmaceutical formulations, it finds use in oral and topical care products. It can also be used as a lubricant or binder in some medications.
The Sorbitan Monostearate market is driven by various factors. Foremost, the burgeoning food industry, fuelled by shifting consumer preferences and urbanization, propels demand for Sorbitan Monostearate as a key emulsifier in baked goods, confectionery, and dairy products. Concurrently, its valued functional properties, including emulsification and stabilization, cater to manufacturers' aspirations for enhanced product quality and shelf life. Moreover, amidst a rising health-conscious consumer base, Sorbitan Monostearate's reputation as a safe additive aligns with the demand for cleaner-label food products. This intersects with a thriving cosmetics and personal care industry, where Sorbitan Monostearate's versatility finds application as an emulsifier and stabilizer in skincare and makeup formulations. As this sector evolves driven by changing beauty standards and increased skincare awareness, the demand for Sorbitan Monostearate continues to rise. Owing to these reasons, the global Sorbitan Monostearate market is likely to reach approximately 460 thousand tonnes in 2034.
Geographically, North America and Asia Pacific are poised to significantly contribute to the growth of the Sorbitan Monostearate market in the forecast period. The robust food industries in both regions, driven by changing consumer preferences and increasing urbanization, are expected to propel the demand for Sorbitan Monostearate as a key emulsifier in various food products. Additionally, the rising health consciousness among consumers in these regions fuels the demand for cleaner-label food products, further driving the adoption of Sorbitan Monostearate, known for its safety and functionality. Furthermore, the rapid expansion of the cosmetics and personal care industries in North America and the Asia Pacific presents lucrative opportunities for Sorbitan Monostearate, which serves as a versatile ingredient in skincare and makeup formulations. These factors collectively position North America and the Asia Pacific as significant markets driving the growth of Sorbitan Monostearate in the foreseeable future.
Based on the end-user industry, the global Sorbitan Monostearate market is divided into Food & Beverage, Pharmaceuticals, Cosmetics & Personal Care, and Others. Among these, Food & Beverage is the dominating segment and held about 60% of the global Sorbitan Monostearate market in 2023.
Major players in the Global Sorbitan Monostearate market are Kao Group, Sigma-Aldrich Co. LLC., Sisco Research Laboratories Pvt. Ltd., Spectrum Chemical Manufacturing Corp., Amresco LLC, Croda International Plc, Evonik Industries AG, CISME ITALY S.R.L., and Others.
Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2023
Estimated Year: 2024
Forecast Period: 2025-2034
This report will be delivered on an online digital platform with one-year subscription and quarterly update.
Objective of the Study:
• To assess the demand-supply scenario of Sorbitan Monostearate which covers production, demand and supply of Sorbitan Monostearate market in the globe.
• To analyse and forecast the market size of Sorbitan Monostearate
• To classify and forecast Global Sorbitan Monostearate market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Sorbitan Monostearate market in the globe.
To extract data for Global Sorbitan Monostearate market, primary research surveys were conducted with Sorbitan Monostearate manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Sorbitan Monostearate market over the coming years.
ChemAnalyst calculated Sorbitan Monostearate demand across the globe by analyzing the volume of Sorbitan Monostearate consumed by the end-user industries and the forecast is calculated based on the growth rate of end-use industries. ChemAnalyst sourced these values from industry experts and company representatives and externally validated them by analyzing the historical sales data of respective manufacturers to determine the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Sorbitan Monostearate manufacturers and other stakeholders
• Organizations, forums and alliances related to Sorbitan Monostearate distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Sorbitan Monostearate manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Global Sorbitan Monostearate market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2023
315 thousand tonnes
Market size Volume in 2034
460 thousand tonnes
Growth Rate
CAGR of 3.65% from 2024 to 2034
Base year
2023
Estimated year
2024
Historical Data
2015 – 2022
Forecast period
2025 – 2034
Quantitative units
Demand in thousand tonnes and CAGR from 2024 to 2034
Report coverage
Industry Market Size, Capacity by Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by Grade, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share, Manufacturing Process.
Segments covered
By End-Use: (Food & Beverage, Pharmaceuticals, Cosmetics & Personal Care, and Others)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
North America, Europe, Asia Pacific, Middle East and Africa, and South America.
I am satisfied with overall performance of ChemAnalyst. Weekly updates before the final report were especially helpful and reassuring. Additional requests on the interim and/or final reports were handled in a swift and professional manner
Mr.Shin Dosho
Member - Board of Directors
Osaka Gas Co. Ltd
Disruption Tracker
Disruption Tracker reflect the major shutdown on monthly basis which will help you in
tracking the inventory management and smooth functioning of business. Unforeseen shutdowns and disruptions
resulting in a loss of production capacity to impact the bottom line. The capacity tracker provides industries
with a global view of production and consumption capacity loss that reflects the corresponding conversion factors.
It also highlights the immediate impact on supply due to planned and unplanned outages as well as upcoming start-up
of new capacities. Additionally, it emphasizes how each shutdown—whether due to a maintenance turnaround or a case
of force majeure, affects the plant's operating rate for the given duration. Disruption tracker gives a clear insight
into the worldwide outages affecting the commodity of interest. With every shutdown, it also reflects the impact on
supply of the product in the market at a Global level.
What was the net market size of Sorbitan Monostearate in terms of volume in 2023?
Ans:
The global market size of Sorbitan Monostearate has reached approximately 315 thousand tonnes in 2023.
Q2.
Which industry is the leading end-user industry of Sorbitan Monostearate?
Ans:
Food & Beverage industry is the leading end-user industry of Sorbitan Monostearate globally.
Q3.
Do you offer single or multiuser license?
Ans:
Online Access 12 Months – Single User License (Up to 3 users can access the database) Online Access 12 Months – Enterprise License (Up to 10 Users can access the database)
Q4.
Will I get access to the analyst who authored this report?
Ans:
You will have 24/7 access to the analyst during the subscription period.
Our Solutions
Custom Research
We at ChemAnalyst provide tailor-made solutions to our clients based on their requirements which help them in building and expanding their business by developing customized strategy such as sales strategy, GTM Strategy, product portfolio and new product development. Our dedicated team helps clients in getting the best solution for their requirements. We at ChemAnalyst look forward to serving our clients for long term association.
Techno Economic Feasibility Report (TEFR)
ChemAnalyst provide TEFR reports which include market sizing, plant cost (ISBL and OSBL units), financial modelling, covering all the major financial calculations and ratios including production cost, IRR, major technology, licensing fee (if required), and others fixed and variable costs. TEFR reports will help the client to build greenfield project as well as brownfield expansion for a specific geography. Our Team of experts have delivered multiple TEFR reports which help clients in moving ahead of their business competition by grabbing the opportunity and expanding their business portfolio.
Price Benchmarking
Pricing benchmark report provides real-time data perpetuating current market scenarios, in a world that is changing at a rapid pace, having real-time prices is an imperative to make impactful insights and thereby informed decisions. The Price Benchmarking report provides pricing data for an individual market, or group of markets, which can be converted into localized insights and comparable listings. Benchmarking Reports help clients to make informed decisions by construing the data on several filters: region, country, category, grade and subsequently increasing their brand presence. Clients majorly require pricing benchmarks when they opt for a competitive pricing strategy.