Corn Derived Humectant Market size is forecast to reach $ 1.3 Bn by 2025, growing at a CAGR of 6.21% during the forecast period 2020-2025. Humectants are hydroscopic, they attract and retain moisture from the atmosphere. It keeps surface of the object hydrated. Humectants can be used food additives as it increases shelf life of food by determining and controlling physical properties, chemical changes, and microbial activity, as these activities can reduce shelf life of food products. With many applications in food segments and consumptions of sorbitol the market is set to drive during the forecast period 2020-2025.
Report Coverage
The report: “Corn Derived Humectant Market Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Corn Derived Humectant Market.
By Type: Acids, Polysaccharides, Proteins, Small Molecules and Others
By Form: Syrup, Lotion, Paste and Powder
By Application: Food & Beverages, Oral and Personal Care, Pharmaceuticals, Animal feed, Tobacco and Others.
By Geography: North America, Europe, Asia Pacific, and Rest of the world
Key Takeaways
North America dominated the Corn Derived Humectant Market owing to demand of corn derived humectant in U.S as it is less pricy and serves as substitute for cane sugar.
Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Corn Derived Humectant Market report.
Growing demand of Sorbitol, usage in food industry are driving the growth of Corn derived Humectant during the forecast period 2020-2025.
Type - Segment Analysis
Based on Types Corn Derived Humectant Market is segmented into Acids, Polysaccharides, Proteins, Small Molecules and Others. Protein holds largest share and is set to be the leading segment owing to presence of many health benefits available in protein-based products. Polysaccharides being produced by cultivating Alcalioenes latus strain B-16 (FERM BP-2015), as well as a method of enhancing their production.
End User - Segment Analysis
Based on End User Corn Derived Humectant Market is segmented into Food & Beverages, Oral and Personal Care, Pharmaceuticals, Animal feed, Tobacco and Others. Food & Beverages holds is set to be the fastest growing CAGR of 6.7% during the forecast period 2020-2025. This is owing to the inclusion of humectants in Food which regulates the moisture content which eventually makes it soft and easy to chew. Apart from this, the usage of corn derived humectants is visible in different Food & Beverages items such as bakery and confectionary food items and functional and food health supplements. Also, with Sorbitol as major constituents which keeps skin hydrated for different skin care products.
Geography - Segment Analysis
Based on Geography, Corn Derived Humectant Market is segmented to North America, Europe, Asia Pacific, and Rest of the World. North America dominated the market in 2019 with share of 37.5%. This is owing to demand of corn derived humectant in U.S as it is less pricy and serves as substitute for cane sugar. Asia Pacific is set to be fastest growing segment during the forecast period 2020-2025 owing to increasing demand of China food products with ingredients covering humectant.
Drivers – Corn Derived Humectant Market
Growing Demand of consumption of Sorbitol products
Sorbitol, a sugar alcohol, which is derived from corn is mainly used as humectants in personal care and cosmetics and as flavoring agent and fragrance ingredient. Sorbitol is one of main photosynthetic and end products and serves as a storage and transport sugar in most plant families. However, sorbitol which now used as a replacement for cane and corn sugars in maple-flavored pancake and waffle syrup. Owing to this the characteristic the corn derived humectant is driving the demand of market
Challenges – Corn Derived Humectant Market
With increased use of corn-based humectants it leads to side affects such as allergic reactions, bloating, asthma etc. With this adverse effect on health it acts as a restraint and is forecast to hamper the growth of the market during the forecast period 2020-2025
Corn Derived Humectant Industry Outlook
Product launches, mergers and acquisitions, joint ventures and R&D activities are key strategies adopted by players in the Corn Derived Humectant market. In 2019, Corn Derived Humectant Market share is consolidated by the top ten players present in the market. Corn Derived Humectant, top 10 companies are Global Starch Co Ltd, Kasyap Sweeteners Ltd., AG Commodities Inc, Cargill, The Dow Chemical Company, Archer Daniels Midland Company ,E. I. du Pont de Nemours and Company , Roquette and Lyle Bio products among others.
Developments
In Feb 2015, Kasyap Sweeteners expanded total Sorbital plant capacity of 8,500 tonnes per month
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