Sorbitan Esters Market - By Product (Sorbitan monostearate, Sorbitan tristearate), By Form (Solid, Liquid, Semi-solid), By Application, By Grade (Food Grade, Industrial Grade, Pharmaceutical Grade) & Global Forecast, 2023-2032

Sorbitan Esters Market Size

Sorbitan Esters Market size crossed USD 998.06 million in 2022 and is projected to expand at over 6.2% CAGR from 2023 to 2032. The increasing demand for natural & organic beauty products, coupled with rising consumer concerns regarding skin hydration and moisture retention, has led to the increased use of sorbitan esters in cream, lotion & ointment formulations. Cosmetics Europe estimates that the personal care and cosmetics industry brings in about USD 30 billion in added value annually to the European economy. The personal care ingredients industry was valued at over USD 11.5 billion in 2021, driven by the growing adoption of multifunctional personal care products.
 

Food emulsifiers industry expects demand of above 1.3 million tons by 2025. Rise in processed foods consumption owing to easy availability through well-developed retail channels will foster industry growth. Food Emulsifiers provides smoothness and helps to stabilize emulsions in food & beverage production processes.
 

Biosurfactant market size surpassed USD 8 billion in 2022 and is set to attain gains at around 5% up to 2032.The growing demand for biosurfactants in various applications including soaps & detergents, personal care, and industrial cleaning is likely to drive the sorbitan esters market growth.
 

Environmental and health concerns present growth challenges to the industry. This has spurred the need for more sustainable products and processes, and companies have been responding to the industry shift by an increased focus on testing and R&D.
 

COVID-19 Impact

The COVID-19 pandemic had caused a paradigm shift in consumer behavior, increasing their focus on health, wellness, and cleanliness. The sorbitan esters market showcased a surge in the intake of packaged foods, growth in the pharmaceutical sector, and amplified consumer interest in personal hygiene & skincare products will drive the boosted product demand.
 

Sorbitan Esters Market Analysis

Based on form, the sorbitan esters market is segmented into liquid, solid, and semi-solid forms. Liquid sorbitan esters dominate the form segment due to their easy use and versatility.  The solid form segment was valued at approximately USD 651.95 million in 2022 and is expected to witness growth at around 3.1% during the forecast period Owing to their liquid form, they can easily be blended with other ingredients and can be uniformly spread throughout a product, making them highly favored in the food & beverages, pharmaceutical, and cosmetic industries.
 

In food & beverage applications, liquid sorbitan esters improve texture and consistency while in the cosmetics industry, they facilitate the formation of lotions, creams, and ointments. The significance of sorbitan esters in pharmaceuticals can be attributed to their assistance in the creation of stable emulsions for topical applications. The above-mentioned uses are a few benefits of liquid sorbitan esters, which will drive market growth.
 

Based on product, the sorbitan esters market is segmented into sorbitan monostearate, sorbitan tristearate, sorbitan monopalmitate, sorbitan trioleate, sorbitan monooleate, and sorbitan sesquioleate. The monostearate product segment exceeded USD 269.38 million in 2022 and will see 6.2% growth through 2032.  Sorbitan monostearate is the leading product segment owing to its diverse applications in the food industry. It is usually used as a dough conditioner in bakery products, improving the consistency & volume of dough and the quality of baked products.
 

In addition to bakery goods, it is also used to produce whipped toppings, icings, and puddings owing to its aeration properties, thereby promoting a light & fluffy texture. The rising global demand for bakery & confectionery products is a key driver propelling segment growth.
 

Based on application, the sorbitan esters market is segmented into cosmetics & personal care, pharmaceuticals, food & beverages, and industrial applications. The cosmetics & personal care application was worth over USD 468.26 million in 2022 and is likely to exhibit a growth rate of over 5.7% from 2023 to 2032.
 

The cosmetics & personal care sector holds a significant share. The surging demand for natural & organic cosmetics along with the rising consumer consciousness regarding skin hydration & care has led to the high demand for sorbitan esters in this industry. Sorbitan esters are used as emulsifiers in a wide range of personal care products, such as creams, lotions, and serums, due to their ability to form stable emulsions and improve product spreadability. The use of sorbitan esters will further grow owing to the global shift of the beauty industry toward clean & sustainable products.
 

Based on grade, the sorbitan esters market is segmented into food grade, industrial grade, and pharmaceutical grade. The food grade segment reached USD 568.50 million in 2022 and is expected to register 6.3% CAGR through 2032. The food-grade sorbitan esters segment dominated the market. These emulsifiers have diverse applications in the food & beverages industry, ranging from bakery & confectionery products to oils & fats. The ability of these esters to enhance food texture, extend product shelf life, and improve the quality makes them essential ingredients in food processing.
 

The stringent guidelines established by the food regulatory authorities worldwide including the U.S. Food and Drug Administration (FDA) and the European Food Safety Authority (EFSA) have validated the use of food-grade sorbitan esters, increasing consumer trust and contributing to segment growth.
 

North America holds a significant revenue share in global sorbitan esters market owing to the presence of a strong food processing sector as well as the rising expenditure on cosmetics & personal care products. Asia Pacific also holds considerable market share due to its thriving cosmetics industry and the presence of global food processing companies. Economic development, urbanization, and increasing disposable incomes have led to the rising demand for processed food & personal care products in countries including China and India, thereby driving regional business growth.
 

Sorbitan Esters Market Share

The global sorbitan esters market is highly fragmented owing to the presence of several international & regional players. Companies are engaged in intense competition, focusing on increasing production capacities, developing innovative products, and extending the geographical reach.
 

Large multinational corporations including :

• BASF
• DowDupont,Inc
• Croda Internitional Plc

have a strong presence in the market with extensive portfolios and broad geographic footprint. These companies wield significant influence over market trends and are known for their continuous investments in R&D activities to develop more innovative & effective products.
 

Strategic alliances including mergers, acquisitions, and collaborations as well as investments in new production facilities are some of the common practices in this industry.
 

Sorbitan Esters Industry News:

• In September 2020, Clariant AG has launched Hostaphat 1738, which offers superior sustainability with 50% bio-based content and 40% less phosphorous than traditional
• products.
   
• In December 2019, DuPont and IFF announced that they have entered into a definitive agreement, for creating high-value ingredients and solutions for global Food & Beverage, Home & Personal Care and Health & Wellness markets.
   
• In November 2019, the MONTANETM range is comprised of sorbitan ester grades that can be utilized to create water-in-oil emulsions for oral, topical, and injectable formulations.
   

This sorbitan esters market research report includes in-depth coverage of the industry with estimates & forecast in terms revenue in USD Million and volume in Kilo tons from 2018 to 2032 for the following segments:

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By Product

• Sorbitan monostearate
• Sorbitan tristearate
• Sorbitan monopalmitate
• Sorbitan trioleate
• Sorbitan monooleate
• Sorbitan sesquioleate

By Form

• Solid
• Liquid
• Semi-solid

By Application

• Cosmetics & personal care
• Pharmaceuticals
• Food & beverages
• Industrial

By Grade

• Food grade
• Industrial grade
• Pharmaceutical grade

By Region

• North America
  • U.S.
  • Canada 
  • Europe
• Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
• South Korea
  • Latin America
  • Brazil
  • Mexico
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE