| Product Code: ETC4886461 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Guyana`s potassium sorbate import market continued to be dominated by the USA, Trinidad and Tobago, and Ukraine in 2024, showcasing high concentration with a high Herfindahl-Hirschman Index (HHI). However, the market experienced a significant decline in compound annual growth rate (CAGR) of -26.43% from 2020 to 2024. The growth rate plummeted even further in 2024, with a staggering -84.33% decrease compared to the previous year. These trends may indicate shifting dynamics in the potassium sorbate import landscape in Guyana, possibly influenced by various factors such as supply chain disruptions or changing consumer preferences.

In the Latin America region, the Potassium Sorbate market in Guyana is projected to expand at a exponential growth rate of 46.28% by 2027. The largest economy is Brazil, followed by Mexico, Argentina, Colombia and Chile.

The potassium sorbate market in Guyana is seeing growth due to its use as a preservative in the food and beverage industry. Potassium sorbate is widely used to prevent the growth of mold, yeast, and other microorganisms in various food products, helping to extend shelf life and maintain product quality. With the growing food processing industry in Guyana and increasing consumer demand for preserved and packaged food, the potassium sorbate market is expected to expand. The demand for safer, chemical-free preservation methods also supports the growth of this market in Guyana.
The Guyana Potassium Sorbate market is expanding due to its use as a preservative in the food and beverage industry. As consumer demand for processed and packaged foods continues to rise, the need for effective preservatives is increasing. Potassium sorbate is a widely used preservative due to its ability to extend the shelf life of food products. Additionally, its application in the cosmetics and personal care industries is contributing to the market`s growth.
The potassium sorbate market in Guyana faces challenges due to limited adoption in the food and beverage industry. High costs of imports and low consumer awareness about its use as a preservative further restrain the market.
Food safety regulations in Guyana, emphasizing preservatives, support the potassium sorbate market. Import approvals and local manufacturing incentives enhance market penetration.
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 Guyana Potassium Sorbate Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Potassium Sorbate Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Potassium Sorbate Market - Industry Life Cycle |
3.4 Guyana Potassium Sorbate Market - Porter's Five Forces |
3.5 Guyana Potassium Sorbate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guyana Potassium Sorbate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guyana Potassium Sorbate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for packaged and convenience foods, where potassium sorbate is used as a preservative. |
4.2.2 Growing awareness about food safety and the need for natural preservatives in the food industry. |
4.2.3 Rising disposable income and changing consumer lifestyles leading to higher consumption of processed foods. |
4.3 Market Restraints |
4.3.1 Stringent regulations and standards related to food additives and preservatives. |
4.3.2 Fluctuating prices of raw materials used in the production of potassium sorbate. |
4.3.3 Growing consumer preference for clean label products, which may lead to a shift away from synthetic preservatives like potassium sorbate. |
5 Guyana Potassium Sorbate Market Trends |
6 Guyana Potassium Sorbate Market Segmentations |
6.1 Guyana Potassium Sorbate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guyana Potassium Sorbate Market Revenues & Volume, By Sorbic Acid, 2021-2031F |
6.1.3 Guyana Potassium Sorbate Market Revenues & Volume, By Potassium Hydroxide, 2021-2031F |
6.2 Guyana Potassium Sorbate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Guyana Potassium Sorbate Market Revenues & Volume, By Food and Beverages, 2021-2031F |
6.2.3 Guyana Potassium Sorbate Market Revenues & Volume, By Personal Care, 2021-2031F |
6.2.4 Guyana Potassium Sorbate Market Revenues & Volume, By Others, 2021-2031F |
7 Guyana Potassium Sorbate Market Import-Export Trade Statistics |
7.1 Guyana Potassium Sorbate Market Export to Major Countries |
7.2 Guyana Potassium Sorbate Market Imports from Major Countries |
8 Guyana Potassium Sorbate Market Key Performance Indicators |
8.1 Percentage growth in the food and beverage industry in Guyana. |
8.2 Number of new product launches containing potassium sorbate. |
8.3 Consumer awareness levels about the benefits and usage of potassium sorbate in food products. |
9 Guyana Potassium Sorbate Market - Opportunity Assessment |
9.1 Guyana Potassium Sorbate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guyana Potassium Sorbate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guyana Potassium Sorbate Market - Competitive Landscape |
10.1 Guyana Potassium Sorbate Market Revenue Share, By Companies, 2024 |
10.2 Guyana Potassium Sorbate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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