Global Humectants Market Size Report 2033 - Market Size, Share, Price, Trend and Forecast

 The global humectants market size is expected to reach US$ 14.72 Billion and is projected to grow at a CAGR of 5% over the forecast period. Since the demand for natural humectants has increased over the past few years, food manufacturers can produce a wider range of food products with fewer natural humectants. By 2033, the packaging food market and cosmetics market will generate US$ 24 billion in sales of the humectants market.

Recently, humectants have gained popularity in the food and beverage industry because they prolong the shelf life of products, help to retain moisture, and enhance the effectiveness of products by increasing their function. Due to the increase in food and beverage production, cosmetics and technological advancements, and lifestyle change, the global humectants market remains in high demand.

It is anticipated that the market for humectants will continue to grow in coming years as the demand for food & beverage, personal care, and cosmetic products is expected to increase in developed countries such as Europe and North America.

“Surging demand for conventional food and beverage products, as well as an increase in the use of natural ingredients in cosmetics and personal care products, will boost the market in the coming years,” comments an analyst at FMI.

Drivers and Challenges Have an Impact on Market Dynamics, which can Impact Businesses. Find more Insights in a Sample Report! https://www.futuremarketinsights.com/reports/sample/rep-gb-1352

Competitive Landscape

Archer Daniel Midland Company, Ashland Global Holdings Inc., BASF SE, Barentz, Brenntag AG, Cargill Incorporated, Ingredion, Roquette Freres, The DOW Chemical Company.

Strategic partnerships allow manufacturers to increase production and meet consumer demand, which boosts revenue and market share. Utilizing new technologies and products to manufacture that are beneficial to the end user.

More Valuable Insights Available

FMI, in its new offering, presents an unbiased analysis of the humectants market, presenting historical demand data (2018-2022) and forecast statistics from 2023 to 2033.

The study divulges essential insights on the humectants market analysis report by Product (Sugar Alcohol, Alpha Hydroxy Acid, Glycols, Others), by Application (Food & Beverage, Oral & Personal Care, Pharmaceutical, Other), by Region – Global Forecast 2022-2032

Read Related Report Link@ https://www.globenewswire.com/en/news-release/2022/12/23/2579048/0/en/Humectants-Market-to-be-valued-at-US-24-Billion-by-2033-Skincare-to-comprise-40-of-Total-Usage-Report-by-Future-Market-Insights-Inc.html

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