[FURL=https://www.industryarc.com/Report/18512/humectants-market-research-report-analysis.html?utm_source=BriefingWire&utm_medium=PressRelease&utm_campaign=PaidPressRelease] Humectants market [/FURL] size is forecast to reach $32 billion by 2026, after growing at a CAGR of 7.5% during 2021-2026. The market for humectants has increased in recent years due to a rise in their use for extending product shelf life by preserving moisture and growing product effectiveness. The market for humectants in food and beverage applications is on the rise. Glucose syrup and honey are the most commonly used humectants, which help the product maintain its shape while also preserving it for a longer period of time. In addition, many personal care and cosmetic products use humectants such as butylene glycol and triethylene glycol as an ingredient. Hair conditioners, lip balms, face or body cleansers, creams, and body lotions are examples of these items that are commonly used as moisturizers. Changing cosmetics and lifestyle trends are expected to influence the global humectants market. Furthermore, humectants are commonly used in water-based paints to keep the moisture content stable during storage. Humectants such as Glyceryl triacetate are increasingly being used in medicines to monitor the moisture content of pharmaceutical dosages and achieve active ingredient solubility. However, since a number of humectants are petroleum derivatives, volatility in crude oil prices may stymie the global humectants demand. Beginning in the second month of 2020, virtually every nation in the world has proposed a country-level lockout, which led to the restriction on going outside their houses. Under the panic situation, consumers prefer buying products based on their higher shelf life. As humectants increase products shelf life, the demand for humectants are also increasedKey Takeaways
Asia-Pacific is expected to grow at the highest CAGR during the forecast period, due to the untapped market potential of emerging food and beverage players in developing countries like China and India.
Hyaluronic acid, a natural humectant, is injected into the knees to treat osteoarthritis. Sodium hexametaphosphate and Sorbitol, a popular natural humectant, has a wide range of applications in the food industry and is used as a food additive in sugarless foods. This increase in the use of natural humectants in the food industry is expected to fuel the overall market growth.
Changing lifestyles, economic development, and increasing disposable income among people have led to an increase in demand for bakery, confectionery, and ready-to-eat items. The demand for humectants is expected to rise as a result of this
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Humectants market top companies 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
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