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Humectants Market Expected to Reach $29,500 Million, Globally, by 2023

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.<br>

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Humectants Market Expected to Reach $29,500 Million, Globally, by 2023

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  1. Opportunity Analysis and Industry Forecast, 2016-2023 Emerging Trends and Dynamics in the Humectants Market Global Opportunity Analysis and Industry Forecast, 2017-2023

  2. Humectants Market “Increase in demand for humectants in personal & oral care product and rise in demand in food & beverages drive the global humectants market.”  

  3. Humectants Market Overview The Global Humectants Market was valued at $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. Humectants are hygroscopic ingredients used to retain moisture. They are the major ingredients used in hair care and skincare products to retain moisture. It contains several hydrophilic groups, such as hydroxyl group, amines & carboxyl groups, and ester. Basically, humectant is an ingredient that draws water molecules out of its environment.  Access Full Summary : https://www.alliedmarketresearch.com/humectants-market The demand for humectant has increased due to the rise in the use of humectant for extending the shelf life of a product, retaining moisture, and increasing a product's effectiveness. Increase in demand from food & beverages application along with rise in demand & technological changes in cosmetics and change in lifestyle drives the global humectants market. 

  4. Humectants Market 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. 

  5. Humectants Market, Snapshot 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.  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.

  6. Key Benefits of Humectants Market • 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 for 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 various regions. • Extensive analysis is conducted by following key player positioning and monitoring the top competitors within the market framework.

  7. Humectants Market North America Europe Asia-Pacific LAMEA

  8. Humectants Market Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/request-sample/3384 Follow Us On

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