| Product Code: ETC7489392 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
In 2024, Hong Kong continued to see a significant influx of sorbic acid imports, with top exporting countries being Belgium, China, Germany, USA, and Singapore. Despite the high concentration of the Herfindahl-Hirschman Index (HHI) indicating market dominance, the compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 7.03%. However, there was a slight decline in growth from 2023 to 2024, with a rate of -3.19%. This suggests a potential shift in market dynamics that importers and stakeholders should monitor closely in the coming years.
| 1 Executive Summary | 
| 2 Introduction | 
| 2.1 Key Highlights of the Report | 
| 2.2 Report Description | 
| 2.3 Market Scope & Segmentation | 
| 2.4 Research Methodology | 
| 2.5 Assumptions | 
| 3 Hong Kong Sorbic Acid Market Overview | 
| 3.1 Hong Kong Country Macro Economic Indicators | 
| 3.2 Hong Kong Sorbic Acid Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Hong Kong Sorbic Acid Market - Industry Life Cycle | 
| 3.4 Hong Kong Sorbic Acid Market - Porter's Five Forces | 
| 3.5 Hong Kong Sorbic Acid Market Revenues & Volume Share, By Form, 2021 & 2031F | 
| 3.6 Hong Kong Sorbic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F | 
| 4 Hong Kong Sorbic Acid Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Increasing demand for food preservation in the Hong Kong market | 
| 4.2.2 Growing awareness about food safety and quality among consumers | 
| 4.2.3 Rise in the use of sorbic acid as a preservative in various industries in Hong Kong | 
| 4.3 Market Restraints | 
| 4.3.1 Stringent regulations and standards related to the use of food additives in Hong Kong | 
| 4.3.2 Competition from alternative preservatives in the market | 
| 5 Hong Kong Sorbic Acid Market Trends | 
| 6 Hong Kong Sorbic Acid Market, By Types | 
| 6.1 Hong Kong Sorbic Acid Market, By Form | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Hong Kong Sorbic Acid Market Revenues & Volume, By Form, 2021- 2031F | 
| 6.1.3 Hong Kong Sorbic Acid Market Revenues & Volume, By Powder, 2021- 2031F | 
| 6.1.4 Hong Kong Sorbic Acid Market Revenues & Volume, By Encapsulated, 2021- 2031F | 
| 6.2 Hong Kong Sorbic Acid Market, By Application | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Hong Kong Sorbic Acid Market Revenues & Volume, By Food & Beverages, 2021- 2031F | 
| 6.2.3 Hong Kong Sorbic Acid Market Revenues & Volume, By Animal Feed, 2021- 2031F | 
| 6.2.4 Hong Kong Sorbic Acid Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F | 
| 6.2.5 Hong Kong Sorbic Acid Market Revenues & Volume, By Cosmetics, 2021- 2031F | 
| 6.2.6 Hong Kong Sorbic Acid Market Revenues & Volume, By Chemical Production, 2021- 2031F | 
| 6.2.7 Hong Kong Sorbic Acid Market Revenues & Volume, By Others (including Detergents), 2021- 2031F | 
| 7 Hong Kong Sorbic Acid Market Import-Export Trade Statistics | 
| 7.1 Hong Kong Sorbic Acid Market Export to Major Countries | 
| 7.2 Hong Kong Sorbic Acid Market Imports from Major Countries | 
| 8 Hong Kong Sorbic Acid Market Key Performance Indicators | 
| 8.1 Consumer awareness surveys on food safety and quality | 
| 8.2 Number of new product launches using sorbic acid as a preservative | 
| 8.3 Percentage of food manufacturers in Hong Kong using sorbic acid in their products | 
| 9 Hong Kong Sorbic Acid Market - Opportunity Assessment | 
| 9.1 Hong Kong Sorbic Acid Market Opportunity Assessment, By Form, 2021 & 2031F | 
| 9.2 Hong Kong Sorbic Acid Market Opportunity Assessment, By Application, 2021 & 2031F | 
| 10 Hong Kong Sorbic Acid Market - Competitive Landscape | 
| 10.1 Hong Kong Sorbic Acid Market Revenue Share, By Companies, 2024 | 
| 10.2 Hong Kong Sorbic Acid Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 
| 13 Disclaimer |