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Sorbic Acid/potassium Sorbate Production Business Plan | |
| Sorbic acid and potassium Sorbate and its derivatives are two chemical compounds that have a variety of uses in the cosmetic and pharmaceutical industries. By limiting the growth of bacteria, mould, and yeast, these chemicals work as preservatives in a number of products, including shampoo, cosmetics, and lotions. They're used to manufacture anti-corrosive solutions while creating household or industrial items like metal polishes or wood floor cleaners. Sorbic acid (CHEBI:17495), commonly known as 2, 4-hexadienoic acid, is a saturated monocarboxylic fatty acid with two ketone groups and a conjugated double bond system. It's found in dairy products, plants, and fermentation processes. It has antimicrobial properties. Sorbic acid is made by esterifying the appropriate alcohol with succinic anhydride. Many yeasts and bacteria in nature produce it from glucose. It is also employed as an organic synthesis intermediate in addition to being a food preservative. [65-72-7] is the CAS number for sorbic acid. Its EINECS number is 208-185-5. C8H10O2 has a chemical formula of C8H10O2 and a molecular weight of 176.18 g/mol. Sorbic acid is found in berries such as sour cherries, apples, cranberries, prunes, plums, peaches, pears, apricots, and strawberries. It's found in wine vinegar (0.1–0.3 percent), beer, sauerkraut, pickles, cucumbers, and cheese. Its Purpose: Sorbic acid is mostly utilised as a food preservative. It has been approved by the FDA as a food additive for the prevention of bacteria, mould, and yeast growth. There are several advantages of using sorbic acid in your product: It improves flavour, acts as an antioxidant, increases shelf life, has no effect on colour or aroma, does not react with other ingredients, is heat stable and does not create gas at high temperatures, and is biodegradable. Potassium Sorbate: Potassium sorbate is a food additive that prevents mould growth. Furthermore, it enhances the shelf life of food by inhibiting yeast growth. It's also used to protect sugar from recrystallizing and fat from destabilising in ice cream and other frozen treats. It works best in acidic solutions when mould or bacteria are present, while it has minimal antibacterial activity in non-acidic solutions or at low pH values. Food preservative potassium sorbate, often known as E202, is widely used. This antifungal component can be found in a variety of over-the-counter drugs, including creams, gels, and suppositories. Because of its importance in avoiding food degradation and combating yeast infections in people, the US Food and Drug Administration has classified it as GRAS (FDA). When consumed in suitable levels, potassium sorbate, as a natural preservative, has no discernible harmful effects. Potassium sorbate is used to control mould in foods like cheese, fruit, processed meats, and baked goods. Potassium sorbate is used in swimming pools to prevent algae growth. The market for potassium sorbate has recently developed due to rising demand from developing economies such as China, India, and Brazil. In these countries, hazardous chemicals like chlorine are being phased out in favour of non-toxic substitutes like potassium sorbate. Potassium sorbate can be made through fermentation or chemical synthesis. Fermentation creates a more natural product that is better for human consumption than synthetic items, but it is more expensive to make due to the longer time it requires. Synthetic products are less expensive, but they are less healthy because they contain other chemicals that are potentially hazardous to your health. Demand for naturally produced potassium sorbate will climb as people become more aware of these issues, while demand for synthetically made potassium sorbate will diminish. Market Outlook: Sorbic Acid Market: The global Sorbic acid market will increase at a CAGR of 4.7 percent between 2020 and 2030, from $347,661.0 thousand in 2019. Largely to blame is the presence of well-established food and beverage and pharmaceutical firms in Western economies, as well as increased per capita food and beverage consumption in emerging economies like India, China, and Brazil. The government's support for the business is creating a profitable growth potential for market participants because sorbic acid is used as a preservative to preserve food from being tainted or rotting. The powdered category accounted for the larger market size in the Sorbic acid industry in 2021, based on form. Manufacturers choose to create Sorbic acid in powdered form because the powdered component has a simpler manufacturing technique than the encapsulated form. Because powdered Sorbic acid may be added to any processed product or beverage, it is widely used in the food and beverage industry. Potassium Sorbate Market: Potassium sorbate had a market value of $154.7 million in 2019 and is predicted to grow at a CAGR of 4.89 percent from 2020 to 2025. Sorbate of potassium Its broad use as a preservative in food goods, as well as the fact that it is widely available and inexpensive, has fueled market expansion. Potassium sorbate is a chemical additive that can be found in a variety of foods, beverages, and personal care items. It's a salt created artificially from Sorbic corrosive and potassium hydroxide that has no flavour or odour. Potassium sorbate enhances the shelf life of food by suppressing the formation of mould, yeast, and fungi. Potassium sorbate was once assumed to be innocuous, making it necessary for human consumption, but long-term use can cause a range of health issues. Due to product developments and the impact of e-commerce channels, social media, and other factors, the Potassium Sorbate Market is predicted to increase during the forecast period 2020-2025. The growth of the potassium sorbate market is likely to be propelled by factors such as increased demand for processed foods with longer shelf life and rising demand for processed food products with longer shelf lives. The significant use of potassium sorbates in the food business, which has no effect on the flavour, colour, or smell of food while protecting it from decomposition, as well as its easy availability and cost-effectiveness, are driving the segment's growth between 2020 and 2025. Industry Major Market Players: • Advanced Inorganics • Anmol Chemicals Group • APAC Chemical Corporation • Celanese Corporation • Daicel Corporation • FBC Industries • Hawkins Watts Limited • Jinneng Science and Technology Company Ltd. • Lubon Industry Co. Ltd. • Nantong Acetic Acid Chemical Co. Ltd. • Nantong Alchemy Biotech • RuGao ChangJiang Food Co. Ltd. • Shandong Hongda Biotechnology Co. Ltd. • Shandong Kunda • Sorbic International • Tengzhou Aolong Fine Chemical • Wanglong Tech Co. Ltd. | |
| Plant capacity: Sorbic Acid Powder: 200 MT per annum | Potassium Sorbate Powder: 300 MT per annum | Plant & machinery: 4 Cr |
| Working capital: - | T.C.I: Cost of Project: 20 Cr |
| Return: 25.00% | Break even: 46.00% |
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