The Brainy Insights, a leading market research company, has published a new report on the global Humectants Market. According to the report, the humectants market is expected to reach USD 49.5 billion by 2032, at a CAGR of 7% during the forecast period 2023 to 2032.
Humectants are substances that are widely used in the food and beverage, pharmaceutical, and personal care industries to retain moisture and improve the texture and shelf-life of products. The increasing demand for humectants in these industries is primarily driven by the growing awareness among consumers about the benefits of using natural and organic products.
This study forecasts global, regional, and country revenue from 2022 to 2032. The Brainy Insights has segmented the global humectants market based on the below-mentioned segments:
Global Humectants Market By Type:
- Sugar Alcohol
Global Humectants Market By Application:
- Bakery & Confectionery
- Functional & Nutritional Foods
- Ready-To-Eat Foods
- Dairy Products
Global Humectants Market By Source:
Global Humectants Market By Region:
- North America
- South America
- Middle East and Africa
- South Africa
The report highlights that the Asia-Pacific region is expected to dominate the humectants market during the forecast period, owing to the increasing demand for humectants in the food and beverage and personal care industries in countries such as China, India, and Japan. In addition, the rising disposable incomes and changing lifestyles of consumers in this region are also contributing to the growth of the market.
The report also provides a detailed analysis of the key players operating in the humectants market, including Archer Daniels Midland Company, Cargill, Inc., DuPont de Nemours, Inc., BASF SE, and Ashland Global Holdings Inc., among others.
“We are excited to present this comprehensive report on the global humectants market,” said The Brainy Insights. “Our research shows that the market is witnessing significant growth, and we expect this trend to continue during the forecast period.”
About the report:
The market is analyzed based on value (USD Billion). All the segments have been analyzed worldwide, regional, and country basis. The study includes the analysis of more than 30 countries for each part. The report analyzes driving factors, opportunities, restraints, and challenges for gaining critical insight into the market. The study includes porter’s five forces model, attractiveness analysis, product analysis, supply, and demand analysis, competitor position grid analysis, distribution, and marketing channels analysis.
About The Brainy Insights:
The Brainy Insights is a market research company, aimed at providing actionable insights through data analytics to companies to improve their business acumen. We have a robust forecasting and estimation model to meet the clients’ objectives of high-quality output within a short span of time. We provide both customized (clients’ specific) and syndicate reports. Our repository of syndicate reports is diverse across all the categories and sub-categories across domains. Our customized solutions are tailored to meet the clients’ requirement whether they are looking to expand or planning to launch a new product in the global market.