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Sorbitan esters market is expected to surpass US$ 1.72 Bn by 2025, the market is poised to exhibit 5.2% CAGR
Surging application in food and cosmetics industries will bolster growth opportunities for the sorbitan esters market. Approval by the Food and Drug Administration (FDA) has resulted in increasing use of the ingredient as stabilizer, emulsifier, and solubilizer. Growth is unlikely to slow down, especially as application in bakeries is expected to remain high.
Key Insights into Sorbitan Esters Market:
The U.S. expected to create an incremental dollar opportunity of US$72.9 Mn by 2025 as food and personal care industry expands