The Sorbic Acid Market has experienced steady growth in recent years, driven by the increasing demand for food and beverage products with extended shelf life. The rise in consumer awareness regarding food safety and the need for natural preservatives has also contributed to the Sorbic Acid Market growth. Sorbic acid is a naturally occurring compound widely used …
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Booming Sorbic Acid Market Projected to Reach US$ 121.9 Million by 2033 with 7.0% CAGR | FMI
According to Future Market Insights (FMI), the worldwide sorbic acid market is valued at US$ 62.2 million in 2023. It is anticipated to reach US$ 121.9 million by 2033. Over the forecast period 2023 to 2033, global sorbic acid demand is likely to increase at a CAGR of 7.0%. Growing demand for packaged food products with extended shelf life and growing usage of sorbic acid …