SUCROSE STEARATE MARKET ANALYSIS

Sucrose Stearate MarketSize and Trends

Market Dynamics:

• Natural type of sucrose stearate such as those derived from plant-based sources (sugar cane, sugar beet, and stearic acid from cocoa butter) are expected to gain major traction over the forecast period owing to rising awareness regarding toxic nature of synthetic chemicals. Manufacturers of cosmetics and food products are focused on utilizing plant-based sucrose stearate in order to expand their consumer base. For instance, Squalan Company uses 100% plant-based sucrose stearate in their skin-care products such as cleansers or cleansing gels. Therefore, rising demand for natural sucrose stearate is expected to drive growth of the global sucrose stearate market over the forecast period.

Market Outlook:  

• Sucrose stearate is used as a surfactant and emulsifier in cosmetic products, as well as in preparation of food products. The sucrose stearate market is expected to grow significantly owing to increasing demand from end-use industries such as beauty & personal care. Sucrose stearate is widely used in skin-care products owing to the properties it adds to the products such as softening, cooling, and moisturizing effect on the skin. Products such as L’Oréal Paris Age Perfect Smoothing Cleansing Milk, L’Oréal USA Kiehl Ultra Facial Cream and Burt's Bees Company’s Soothingly Sensitive Aloe & Buttermilk Body Lotion contain sucrose stearate as a moisturizing agent.
• Moreover, growth of end use industries in highly populated economies in Asia Pacific is expected to propel growth of the sucrose stearate market in the region over the forecast period. For instance, according to a report on fast moving consumer goods (FMCG) published by India Brand Equity Foundation in January 2018, FMCG is the 4th largest sector in India, whereas household and personal care segment in the India FMCG market held the highest revenue share in 2017, accounting for 50% of the overall FMCG market. The food and beverages segment accounted for revenue share of 19% of the total India FMCG market.