Humectants Market Size, Share, Industry, Forecast and outlook (2024-2031)

The market is growing at a CAGR of 7.18%.

Major players are The Lubrizol Corporation, Cargill Incorporated., Archer Daniels Midland Company, Ingredion Incorporated, and others.

Europe is expected to dominate the global humectants market owing to the high presence of the processed food industry and increased consumer interest in cosmetic and personal care products

Increasing demand for high-quality preservative ingredients from food and beverage companies to raise the shelf life of processed foods is driving the global humectants market.