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Sodium Stearoyl Lactate Market Trends

  • Report ID: GMI10988
  • Published Date: Aug 2024
  • Report Format: PDF

Sodium Stearoyl Lactate Market Trends

In the sodium stearoyl lactate industry, current trends highlight a significant shift towards natural and clean-label ingredients in both food and personal care products. This change is largely driven by consumers demand for transparency and healthier choices. According to the U.S. Department of Agriculture, the organic food market has grown by 12% annually over the past five years, reflecting this trend. Sustainability is also taking center stage, with manufacturers actively seeking eco-friendly production methods and sourcing practices.
 

The Environmental Protection Agency reports that sustainable manufacturing practices have increased by 15% since 2020. The burgeoning trend of personalized beauty and skincare solutions is further amplifying the demand for sodium stearoyl lactate in tailored formulations. Moreover, technological advancements are bolstering the efficacy and application of this emulsifier, paving the way for its expanded use across diverse sectors, including food and beverages, cosmetics, and pharmaceuticals.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of sodium stearoyl lactate reached USD 315.1 million in 2023 and is set to expand at over 7.5% CAGR from 2024 to 2032, led by the surging demand for clean-label and natural ingredients in food and personal care products.

The powdered sodium stearoyl lactate segment is anticipated to reach USD 217.6 million by 2032, due to its widespread use in the food & beverage sector.

Asia Pacific market will record a 7.3% CAGR during 2024 and 2032, due to the rapid urbanization, increasing disposable incomes, and a rising preference for processed and convenience foods.

Merck KGaA, Tate & Lyle Plc, Kowa Europe GmbH, Zhejiang Synose Tech co, Niacet, Ivanhoe Industries, DuPont, Lubrizol among others.

Sodium Stearoyl Lactate Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 18
  • Tables & Figures: 172
  • Countries covered: 23
  • Pages: 200
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