Future Market Insights
Sorbitan, an end product of the dehydration of sorbitol is an emulsifying agent. Sorbitan fatty esters are known as sorbitan esters that are highly safe for human body usage.Sorbitan is a generic name of anhydrides that are derived from sorbitol, which is a crystalline hex hydric alcohol that occurs naturally from seaweed, algae and fruits. Sorbitan tristearate is a non-ionic surfactant. Sorbitan tristearate is variously used as an emulsifier, stabilizer, and dispersing agent in aerosol sprays and food. As a food additive, sorbitan tristearate has the E number E492. Sorbitan is made by esterification of sorbitol and commercial stearic acid that is derived from food fats and oils. Moreover, sorbitan tristearate is permitted as a food additive in nutritional foods, dietary food supplements, sugar confectionery including chocolate, beverage whiteners, milk and cream analogues, and other food products.
Global Polyoxyethylene Sorbitan Tristearate Market: Drivers and Restraints
Increasing demand for emulsifiers in bakery and confectionary products is fuelling the growth of global sorbitan tristearate market, since sorbitan tristearate is used as an emulsifiers in food products. Growing demand of cosmetic and personal care products due to changing lifestyle of consumers is further catalysing the growth of global sorbitan tristearate market. Furthermore, the increasing applications of sorbitan tristearate in various end user industries due to extensive research and developments by companies is further fuelling the growth of global sorbitan tristearate market. Wide applications of sorbitan tristearate in bakery and confectionary has led to more than half of the market share in terms of volume as well as value of sorbitan tristearate in food.
Global Polyoxyethylene Sorbitan Tristearate Market: Segmentation
On the basis of end use, the global sorbitan tristearatemarket is segmented into:-
Global Polyoxyethylene Sorbitan Tristearate Market: Region wise Outlook
The global sorbitan tristearate market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and Middle East and Africa (MEA). Europe is accounted as one of the largest market for sorbitan tristearate and other food emulsifiers owing to the flourishing food and beverages market in the region. Increasing penetration of bakery and confectionary products in Western Europe and other regions is expected to grow the global sorbitan tristearate market during the forecast period. Asia Pacific and Latin America are among the emerging clusters of the globe, which are anticipated to witness an above average CAGR over the forecast period. However, the global sorbitan tristearate market is expected to witness a steady growth by the end of 2027.
Global Polyoxyethylene Sorbitan Tristearate Market: Key Players
Some of the prominent players in the global sorbitan tristearate market are-
The global woodworking machines market is highly fragmented due to the presence of large number of regional and global players. Regional players choose quality service and competitive pricing as their winning strategy over global players. In response to this, global players are largely involved in merger & acquisition and partnership activities in order to enhance their profitability margin and market share.
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