Global Humectants Market Growth 2023-2029

Global Humectants Market Growth 2023-2029

Humectant is a hygroscopic substance used to keep things moist; it is the opposite of a desiccant because it is wet. It is often a molecule with several hydrophilic groups, most often hydroxyl groups; however, amines and carboxyl groups, sometimes esterified, can be encountered as well (its affinity to form hydrogen bonds with molecules of water is the crucial trait). They are used in many products, including food, cosmetics, medicines and pesticides.

LPI (LP Information)' newest research report, the “Humectants Industry Forecast” looks at past sales and reviews total world Humectants sales in 2022, providing a comprehensive analysis by region and market sector of projected Humectants sales for 2023 through 2029. With Humectants sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Humectants industry.

This Insight Report provides a comprehensive analysis of the global Humectants landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Humectants portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Humectants market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Humectants and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Humectants.

The global Humectants market size is projected to grow from US$ 18120 million in 2022 to US$ 27470 million in 2029; it is expected to grow at a CAGR of 27470 from 2023 to 2029.

United States market for Humectants is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Humectants is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Humectants is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Humectants players cover Cargill, BASF, Archer Daniels Midland, DowDupont, Roquette Freres, Ingredion Incorporated, Brenntag AG, Barentz and Ashland, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Humectants market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Synthetic
Natural

Segmentation by application
Food & Beverage
Oral & Personal Care
Pharmaceuticals
Animal Feed
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cargill
BASF
Archer Daniels Midland
DowDupont
Roquette Freres
Ingredion Incorporated
Brenntag AG
Barentz
Ashland
Batory Foods
Corbion

Key Questions Addressed in this Report

What is the 10-year outlook for the global Humectants market?

What factors are driving Humectants market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Humectants market opportunities vary by end market size?

How does Humectants break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.