Sorbitan Monostearate Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2025-2034)

The global sorbitan monostearate market attained a volume of 347.29 Thousand Tons in 2024. The industry is expected to grow at a CAGR of 4.10% during the forecast period of 2025-2034 to attain a volume of 519.04 Thousand Tons by 2034.

The market is being driven by the amplifying demand for the food grade segment of the product, owing to the booming bakery and dairy industry. The product is used in the sector as a stabilizing agent for various food products.

Rising Demand from North America and the Asia-Pacific Bolstering the Market Growth

North America and the Asia-Pacific are significant sorbitan monostearate markets and are expected to significantly contribute to the market growth in the forecast period. The Asia-Pacific region is bolstered by the rising demand for the product owing to changing lifestyles, increasing per capita incomes, and growing urbanisation. The growing consumption of baked and western sweets is expected to enhance the market growth for sorbitan monostearate in the Asia-Pacific. The rising demand for pharmaceutical products and cosmetics is expected to enhance the market growth further in North America and the Asia-Pacific as consumers are becoming more aware regarding the launch of new beauty products on digital platforms.

Sorbitan Monostearate: Market Segmentation

Sorbitan Monostearate is an ester of stearic acid and sorbitol derivative that is used in the manufacturing of healthcare and food products.

On the basis of type, the market is divided into:

• Food Grade
• Industrial Grade
• Medicine Grade

Based on application, the industry can be segmented into:

• Dietary Food Supplements
• Pesticides
• Cosmetics
• Pharmaceuticals
• Bakery and Confectionery
• Coating and Plastics
• Others

The regional markets for the product include:

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

Rising Demand from the Pharmaceutical and Cosmetic Industries to Drive the Global Sorbitan Monostearate Market

The demand for sorbitan monostearate is increasing due to the expanding pharmaceutical and cosmetic industries. The product is used in the pharmaceutical industry for suspension and emulsification processes. It has gained popularity in the personal care and cosmetics industry due to its extensive applications in a wide product range, such as shampoos, hair care, powders, skincare, deodorants, makeup bases, and foundations. This will further support the market growth in the forecast period. Further, the market is aided by the rising use of sorbitan monostearate in the food industry where the product is used as an emulsifying as well as a stabilising agent. Moreover, owing to ongoing research, the medicine grade segment is expected to witness a healthy growth in the forecast period.

Key Industry Players in the Global Sorbitan Monostearate Market

The report gives a detailed analysis of the following key players in the global sorbitan monostearate market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Kao Corporation
• Henan Honest Foods Co. Ltd.
• Hangzhou Fuchun Food Additive Co. Ltd
• Jeevika Yugchem Pvt. Ltd.
• Guangdong Runhua Chemistry Co., Ltd.
• Others

The comprehensive report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.