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Potassium Sorbate Price Chart, Historical and Forecast Analysis | Procurement Resource

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During the initial six months of 2023, potassium sorbate prices underwent a significant decrease globally. In Asia, diminished demand from food and pharmaceutical industries, alongside low raw material costs, led to a decline. Europe experienced a parallel situation marked by subdued consumer demand, rising stockpiles, and unpredictable market conditions, notably declining in June. North America faced a similar trend driven by reduced domestic orders, high inventory levels, decreased trade, and lower shipping costs. These combined factors created a difficult market landscape, influencing the pricing of potassium sorbate.

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Definition

Potassium sorbate is a chemical compound used as a preservative. It inhibits microbial growth, extending the shelf life of products. Its properties include effective mold, yeast, and bacterial control, making it vital in food, cosmetics, and pharmaceutical industries. It’s water-soluble, safe for consumption, and regulated by health authorities. Potassium sorbate is tasteless, odorless, and works across a wide pH range.

Key Details About the Potassium Sorbate Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Potassium Sorbate in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.

The Potassium Sorbate Price trends, including India Potassium Sorbate price, USA Potassium Sorbate price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting the Potassium Sorbate Price Trend:

Potassium sorbate, a chemical compound, serves as a versatile preservative with broad industrial uses. Its knack for impeding the growth of mold, yeast, and bacteria significantly extends the lifespan of various items, spanning food, beverages, cosmetics, and pharmaceuticals. It plays a crucial role in ensuring the quality and safety of food, preserving the freshness of drinks, and upholding the stability of cosmetic blends. In pharmaceuticals, potassium sorbate maintains the effectiveness of liquid medicines and creams. Furthermore, its application extends to animal feed, textiles, and personal care products. Its pivotal function in halting microbial growth makes it an indispensable guardian of product integrity across diverse industries.

Key Players:

  • FBC Industries
  • Seidler Chemical
  • Tianjin Chemical Industry
  • Bimal Pharma
  • Ningbo Wanglong
  • Celanese

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients with up-to-date and pioneering practices in the industry to understand procurement methods, supply chains, and industry trends so that they can build strategies to achieve maximum growth.

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