The goal of the most recent market intelligence report, "Global Humectants Market", is to provide the intended audience with essential details about the global Humectants industry. The study includes a detailed discussion of the report's key drivers, restrictions, opportunities, limitations, threats, and micro- and macroeconomic factors affecting the Humectants market. The report conducts extensive research on the factors that have an impact on the expansion of the Humectants market as well as the expansion of the industry. The report goes into great detail about the benefits and drawbacks of the pandemic for the Humectants industry. The Humectants industry's dynamics have changed as a result of economic volatility and disruptions to the supply chain. The report looks at how the pandemic affected the market's most important segments and regions. Accordingly, Emergen Research's report on the Humectants Market is an in-depth compilation of the most important aspects of the market, such as product offerings by key players, wide range of applications. of these products, key market segments, key competitors, company profile, pricing strategy, production capacity, revenue generation strategy, technological advancement, etc. The global economic landscape has been dramatically altered by the pandemic, disrupting the workings of the Humectants market.
The global humectants market size was USD 10.69 Billion in 2022 and is expected to register a steady revenue CAGR of 7.6 % during the forecast period, according to latest analysis by Emergen Research. Increasing number of consumers becoming more conscious regarding hydration and skin care and rising use of natural and organic ingredients in personal care and skincare products are major factors driving market revenue growth. Major Fast Moving Consumer Goods (FMCG) companies that produce personal care, skin care, and fast-moving consumer goods are procuring humectants at a large scale to enhance shelf-life of their products. For instance, in May 2022, Beiersdorf AG, a personal-care product manufacturing company based in Germany, which focuses on skin care included humectants in its sun care product line. However, high cost of raw materials and availability of alternatives are expected to restrain revenue growth of the market during the forecast period. Cost of procuring natural humectants and organic humectants is high due to their scarcity and accessibility, which in turn, rises cost of producing this product and restraining revenue growth of the market.
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The global Humectants market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East Africa. It evaluates the presence of the global Humectants market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
Leading companies profiled in the report:
BASF SE, Ingredion Incorporated, Roquette Frères S.A., Brenntag North America, Inc., Spectrum Laboratory Products, Inc., STOCKMEIER Group, Ashland Inc., Vantage Specialty Chemicals, Inc., JELU-WERK J. Ehrler GmbH Co. KG, PG Chemicals, Azelis Americas, LLC., and Prakash Chemicals International Private Limited (PCIPL), among others
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On the basis of type, the market is segmented into
Source Outlook (Revenue, USD Billion; 2019-2032)
- Natural
- Synthetic
- Plant-Based
- Animal-Based
Type Outlook (Revenue, USD Billion; 2019-2032)
- Sugar Alcohols
- Glycerol
- Alpha Hydroxy Acids (AHAS) and Polysaccharides
Application Outlook (Revenue, USD Billion; 2019-2032)
- Food Beverages
- Bakery and Confectionary Products
- Beverages
- Functional and Nutritional Foods
- Other Food Beverages
- Oral and Personal Care Product
- Animal Feed
- Pharmaceuticals
- Others
- Food Beverages
In addition, the analytical data are presented in a well-organized format in the form of charts, tables, graphs, figures, and diagrams in the report. This makes it easier for readers to comprehend the market scenario in a beneficial way. In addition, the report aims to provide a forward-looking perspective and an instructive conclusion to assist the reader in making profitable business decisions. The report concludes with a comprehensive SWOT and Porter's Five Forces analysis of the segments anticipated to dominate the market, regional bifurcation, estimated market size and share, and more.
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