The global humectants market was valued at $17,800 million in 2016, and is expected to reach $29,500 million by 2023, registering a CAGR of 7.2% during 2017–2023. Humectants are substances that are used in numerous applications for promoting retention of moisture. Humectants attract and retain the moisture in the air in the surroundings through absorption as well as drawing the water vapor inside or beneath the organism's or object's surface. These are sometimes used as an antistatic coating for plastics, while as a food additive in food & beverages applications for retaining the moisture. In pharmaceutical and cosmetics applications, humectants can be used in topical applications to increase the solubility of the active ingredients of a chemical compound.
The global humectant market is driven by increase in use of humectant for extending the shelf life of products, retaining moisture, and increasing effectiveness of perishable products. Increase in demand for humectants in food & beverages applications along with rise in demand from cosmetics & change in lifestyle drives the global humectants market. As humectants are the derivatives of petroleum products, volatility in crude oil prices could hamper the global market growth.
The global humectants market is segmented on the basis of type, application, and region. On the basis of type, the market is categorized into sugar alcohol, alpha hydroxy acid & polysaccharides, glycols, and others. On the basis of application, the market is segmented into food & beverages, oral & personal care, pharmaceuticals, animal feed, and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Comprehensive competitive analysis and profiles of the following players are provided in the report.
Archer Daniels Midland Company
Ashland Global Holdings Inc.
BASF SE
Barentz
Brenntag AG
Cargill Incorporated
E. I. Du Pont De Nemours and Company
Ingredion Incorporated
Roquette Freres
The DOW Chemical Company
KEY BENEFITS FOR STAKEHOLDERS
This report provides an extensive analysis of the current trends and dynamics of the global humectants market.
In-depth analysis of all regions is conducted by constructing market estimations of key segments between 2017 and 2023 to identify the prevailing opportunities.
The report assists to understand the strategies adopted by the companies for market expansion.
This study evaluates the competitive landscape to understand the competitive environment across the globe.
Extensive analysis of the market is conducted by following key player positioning and monitoring the top competitors within the market framework.
KEY MARKET SEGMENTS
By Type
Sugar Alcohol
Alpha Hydroxy Acid & Polysaccharides
Glycols
Others
By Application
Food & Beverages
Oral & Personal Care
Pharmaceuticals
Animal Feed
Others
By Geography
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Argentina
South Africa
Rest of LAMEA
The global humectant market is driven by increase in use of humectant for extending the shelf life of products, retaining moisture, and increasing effectiveness of perishable products. Increase in demand for humectants in food & beverages applications along with rise in demand from cosmetics & change in lifestyle drives the global humectants market. As humectants are the derivatives of petroleum products, volatility in crude oil prices could hamper the global market growth.
The global humectants market is segmented on the basis of type, application, and region. On the basis of type, the market is categorized into sugar alcohol, alpha hydroxy acid & polysaccharides, glycols, and others. On the basis of application, the market is segmented into food & beverages, oral & personal care, pharmaceuticals, animal feed, and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Comprehensive competitive analysis and profiles of the following players are provided in the report.
Archer Daniels Midland Company
Ashland Global Holdings Inc.
BASF SE
Barentz
Brenntag AG
Cargill Incorporated
E. I. Du Pont De Nemours and Company
Ingredion Incorporated
Roquette Freres
The DOW Chemical Company
KEY BENEFITS FOR STAKEHOLDERS
This report provides an extensive analysis of the current trends and dynamics of the global humectants market.
In-depth analysis of all regions is conducted by constructing market estimations of key segments between 2017 and 2023 to identify the prevailing opportunities.
The report assists to understand the strategies adopted by the companies for market expansion.
This study evaluates the competitive landscape to understand the competitive environment across the globe.
Extensive analysis of the market is conducted by following key player positioning and monitoring the top competitors within the market framework.
KEY MARKET SEGMENTS
By Type
Sugar Alcohol
Alpha Hydroxy Acid & Polysaccharides
Glycols
Others
By Application
Food & Beverages
Oral & Personal Care
Pharmaceuticals
Animal Feed
Others
By Geography
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Argentina
South Africa
Rest of LAMEA
Frequently Asked Questions about the Global Humectants Market
What is the estimated value of the Global Humectants Market?
What is the growth rate of the Global Humectants Market?
What is the forecasted size of the Global Humectants Market?
Note: Product cover images may vary from those shown
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: HUMECTANTS MARKET BY TYPE
CHAPTER 5: HUMECTANTS MARKET BY APPLICATION
CHAPTER 6: HUMECTANTS MARKET BY GEOGRAPHY
CHAPTER 7: COMPANY PROFILES
Note: Product cover images may vary from those shown
According to a new report titled, Global Humectants Market by Type and Application: Opportunity Analysis and Industry Forecast, 2017-2023, the global humectants market size was worth $17,800 million in 2016, and is projected to reach $29,500 million by 2023, registering a CAGR of 7.2% from 2017 to 2023. The food & beverages segment garnered more than one-third share of the global market in 2016.
Humectant is a substance, which are produced using natural and synthetic sources for absorbing moisture from the air into the skin. Most of the skin care product manufacturers prefer using synthetic humectants due to their low cost as compared to natural ones. However, synthetic humectants help in preventing moisture loss to some extent, but they do not offer real nutrients to the skin and can damage skin over time. Natural humectants help attract water to the surface of the skin, and also deliver hydration and nutrients to the deeper layers of the skin. Thus, these help the skin to keep itself hydrated for a certain period.
The demand for humectant has increased in the recent years, owing to rise in use of humectant for extending product shelf life, retaining moisture, and increasing product's effectiveness. Moreover, increase in demand from food & beverages application along with rise in demand from cosmetics & change in lifestyle drives the global humectants market. Moreover, technological changes in the food & cosmetic industry along with rise in population fuels the market growth. A few of the humectants are derivatives of petroleum products; thus, volatility in crude oil prices could hamper the growth of the global market.
The sugar alcohol segment accounted for more than one third share of the global market in 2016, owing to the increase in demand from the skin care and food & beverage segment. Sugar alcohols are the active ingredients used in personal care products, and have a significant role in modern cosmetic formulations. Moreover, it is a popular choice among people on dieting, who prefer sugarless foods, due to the lower calorie content as compared to sugar.
Key findings of the Humectants Market:
In 2016, sugar alcohol segment contributed the maximum revenue to the global humectants market, accounting for more than one third share.
The oral & personal care segment is expected to register the highest growth rate, registering a CAGR of 9.1% during 2017-2023.
In 2016, food & beverage application segment dominated the global market with more than one third share.
LAMEA is expected to account for the highest growth rate, registering a CAGR of 12.0% during 2017-2023.
In 2016, North America dominated the global humectants market, accounting for nearly half of the global market share.
The key companies profiled in the report are Archer Daniels Midland Company, Ashland Global Holdings Inc., BASF SE, Barentz, Brenntag AG, Cargill Incorporated, E. I. Du Pont De Nemours and Company, Ingredion Incorporated, Roquette Freres, and The DOW Chemical Company.
Humectant is a substance, which are produced using natural and synthetic sources for absorbing moisture from the air into the skin. Most of the skin care product manufacturers prefer using synthetic humectants due to their low cost as compared to natural ones. However, synthetic humectants help in preventing moisture loss to some extent, but they do not offer real nutrients to the skin and can damage skin over time. Natural humectants help attract water to the surface of the skin, and also deliver hydration and nutrients to the deeper layers of the skin. Thus, these help the skin to keep itself hydrated for a certain period.
The demand for humectant has increased in the recent years, owing to rise in use of humectant for extending product shelf life, retaining moisture, and increasing product's effectiveness. Moreover, increase in demand from food & beverages application along with rise in demand from cosmetics & change in lifestyle drives the global humectants market. Moreover, technological changes in the food & cosmetic industry along with rise in population fuels the market growth. A few of the humectants are derivatives of petroleum products; thus, volatility in crude oil prices could hamper the growth of the global market.
The sugar alcohol segment accounted for more than one third share of the global market in 2016, owing to the increase in demand from the skin care and food & beverage segment. Sugar alcohols are the active ingredients used in personal care products, and have a significant role in modern cosmetic formulations. Moreover, it is a popular choice among people on dieting, who prefer sugarless foods, due to the lower calorie content as compared to sugar.
Key findings of the Humectants Market:
In 2016, sugar alcohol segment contributed the maximum revenue to the global humectants market, accounting for more than one third share.
The oral & personal care segment is expected to register the highest growth rate, registering a CAGR of 9.1% during 2017-2023.
In 2016, food & beverage application segment dominated the global market with more than one third share.
LAMEA is expected to account for the highest growth rate, registering a CAGR of 12.0% during 2017-2023.
In 2016, North America dominated the global humectants market, accounting for nearly half of the global market share.
The key companies profiled in the report are Archer Daniels Midland Company, Ashland Global Holdings Inc., BASF SE, Barentz, Brenntag AG, Cargill Incorporated, E. I. Du Pont De Nemours and Company, Ingredion Incorporated, Roquette Freres, and The DOW Chemical Company.
Note: Product cover images may vary from those shown
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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