Product Code: ETC4886454 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Fiji Potassium Sorbate Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 1.89% in 2025, climbs to a high of 3.56% in 2027, and moderates to 0.22% by 2029.
By 2027, Fiji's Potassium Sorbate market is forecasted to achieve a stable growth rate of 3.56%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
Potassium sorbate is widely used as a preservative in food and beverages, cosmetics, and pharmaceuticals. In Fiji, the demand for potassium sorbate is increasing due to its effectiveness in extending shelf life and ensuring product safety. As the food and beverage industry grows, the market for potassium sorbate in Fiji is expected to expand.
The growing demand for potassium sorbate in food preservation is a key driver in Fiji. Its application in extending the shelf life of processed foods, beverages, and cosmetics aligns with rising consumer preferences for convenience and longer-lasting products.
The potassium sorbate market in Fiji faces challenges due to its limited local demand, as it is primarily used as a preservative in food and beverage products. The small size of the market and the reliance on imports for the chemical means that price fluctuations and supply chain disruptions are significant risks. Furthermore, as consumer awareness around health and wellness increases, there is a growing preference for natural preservatives over synthetic chemicals like potassium sorbate. This shift in consumer preferences adds a layer of uncertainty to the markets future growth prospects.
The government promotes potassium sorbate as a safe preservative in food processing industries. Policies include reduced tariffs on imports and grants for small- and medium-sized enterprises (SMEs) adopting advanced preservation techniques.
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 Fiji Potassium Sorbate Market Overview |
3.1 Fiji Country Macro Economic Indicators |
3.2 Fiji Potassium Sorbate Market Revenues & Volume, 2021 & 2031F |
3.3 Fiji Potassium Sorbate Market - Industry Life Cycle |
3.4 Fiji Potassium Sorbate Market - Porter's Five Forces |
3.5 Fiji Potassium Sorbate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Fiji Potassium Sorbate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Fiji Potassium Sorbate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Fiji Potassium Sorbate Market Trends |
6 Fiji Potassium Sorbate Market Segmentations |
6.1 Fiji Potassium Sorbate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Fiji Potassium Sorbate Market Revenues & Volume, By Sorbic Acid, 2021-2031F |
6.1.3 Fiji Potassium Sorbate Market Revenues & Volume, By Potassium Hydroxide, 2021-2031F |
6.2 Fiji Potassium Sorbate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Fiji Potassium Sorbate Market Revenues & Volume, By Food and Beverages, 2021-2031F |
6.2.3 Fiji Potassium Sorbate Market Revenues & Volume, By Personal Care, 2021-2031F |
6.2.4 Fiji Potassium Sorbate Market Revenues & Volume, By Others, 2021-2031F |
7 Fiji Potassium Sorbate Market Import-Export Trade Statistics |
7.1 Fiji Potassium Sorbate Market Export to Major Countries |
7.2 Fiji Potassium Sorbate Market Imports from Major Countries |
8 Fiji Potassium Sorbate Market Key Performance Indicators |
9 Fiji Potassium Sorbate Market - Opportunity Assessment |
9.1 Fiji Potassium Sorbate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Fiji Potassium Sorbate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Fiji Potassium Sorbate Market - Competitive Landscape |
10.1 Fiji Potassium Sorbate Market Revenue Share, By Companies, 2024 |
10.2 Fiji Potassium Sorbate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |