Global Humectants Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Humectants Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Product (Sugar Alcohol, Alpha Hydroxy Acid, Glycols, and Others), Application (Food and Beverages, Oral and Personal Care, Pharmaceutical, and Others), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Humectants Market was valued at USD 11,871.3 million in 2023 and is expected to reach USD 19,647.0 million by 2031 while growing at a CAGR of 6.5% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global humectants market growth. Humectants, with their water-attracting properties, attract and retain moisture from the environment. Widely used across industries like food, cosmetics, pharmaceuticals, and personal care, these compounds are vital for enhancing texture, shelf life, and overall quality of products.
Increasing consumer awareness and demand for natural products, along with rising health and wellness trends, propel the humectants market. Nevertheless, regulatory challenges, standards, and price volatility of raw materials pose potential obstacles to its continued growth.
Furthermore, the global humectants industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Product Analysis
The Global Humectants Market is segmented among Sugar Alcohol, Alpha Hydroxy Acid, Glycols, and Others, based on Product. In 2023, Sugar Alcohol accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Application Analysis
The Global Humectants Market is segmented among Food and Beverages, Oral and Personal Care, Pharmaceutical, and Others, based on Application. In 2023, Food and Beverages accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Humectants Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Archer Daniel Midland Company, Ashland Global Holdings Inc, BASF SE, Barentz, Brenntag AG, Cargill Incorporated., E.I. Du Pont De Nemours and Company, Ingredion., Roquette Freres, and The DOW Chemical Company.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Humectants Market Dynamics
Drivers
Restraints
Opportunity
4. Global Humectants Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Humectants Market Segmentation, By Product
Global Humectants Market Share Analysis, By Product
Global Humectants Market Growth Analysis, By Product
Global Humectants Market Trends, By Product
o Sugar Alcohol
o Alpha Hydroxy Acid
o Glycols
o Others
6. Global Humectants Market Segmentation, By Application
Global Humectants Market Share Analysis, By Application
Global Humectants Market Growth Analysis, By Application
Global Humectants Market Trends, By Application
o Food and Beverages
o Oral and Personal Care
o Pharmaceutical
o Others
7. Global Humectants Market Segmentation, By Region
Global Humectants Market Share Analysis, By Region
Global Humectants Market Growth Analysis, By Region
Global Humectants Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
Archer Daniel Midland Company*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Ashland Global Holdings Inc
BASF SE
Barentz
Brenntag AG
Cargill Incorporated.
E.I. Du Pont De Nemours and Company
Ingredion
Roquette Freres
The DOW Chemical Company
*Similar analysis will be provided for each company listed above.
