Top 12 Humectants Companies Worldwide

The global humectants market reached a value of US$ 28.6 Billion in 2023. As per the analysis by IMARC Group, the leading companies in the humectants market are focusing on product innovations to expand their product portfolio. They are launching plant-based humectants, such as propanediol derived from corn sugar, which is biodegradable and sustainably sourced. Leading players are also developing effective humectants for resin-free pigment concentrates that do not contribute to volatile organic compounds (VOCs) and have a minimal influence on paste properties like color strength and viscosity. Moreover, key players are investing in research and development (R&D) activities to introduce multifunctional properties that can act as emollients and help to smoothen and soften the skin. They are also focusing on providing humectants with antimicrobial properties, which can help preserve the shelf life of products. In addition, they are incorporating microencapsulation technology for humectants that can help improve their stability and effectiveness. Looking forward, the market value is expected to reach US$ 49.9 Billion by 2032, growing at a CAGR of 6.1% during the forecast period (2024-2032).

Learn about opportunities, challenges, and trends in the global Humectants market with IMARC’s market research report. Try a free sample today!

List of Top Companies Operating in the Humectants Industry:

The global humectants market has several major players including Archer Daniels Midland Company, Ashland Inc., Barentz International BV, BASF SE, Brenntag SE, Cargill, Incorporated, Corbion NV, Tate & Lyle plc, Ingredion Incorporated, Roquette Frères, The Lubrizol Corporation, and Vantage Specialty Chemicals, Inc. More information about these companies has been provided below.

1. Archer Daniels Midland Company

Archer Daniels Midland Company is an American multinational food processing and commodities trading corporation. It operates in over 170 countries and is one of the largest processors of soybeans, corn, and wheat in the world. Its operations include grain trading and transportation, oilseeds processing, animal feed manufacturing, and the production of food and industrial ingredients. Its products are used in a wide range of industries, including food and beverage (F&B), animal nutrition, personal care, and renewable energy.

2. Ashland Inc.

Ashland Inc. is a chemical company that operates in more than 100 countries and has over 4,000 employees. It is a leading global supplier of specialty chemicals, additives, and functional ingredients for various industries, including pharmaceuticals, personal care, F&B, and industrial applications. Its product portfolio includes adhesives, coatings, solvents, resins, and specialty polymers, among others. The company also actively engages with its customers to help them achieve their sustainability goals.

3. Barentz International BV

Barentz International BV is a leading global distributor of ingredients for the F&B, nutrition, pharmaceutical, and personal care industries. It operates in over 60 countries and has more than 1,500 employees. It sources high-quality ingredients from around the world and distributes them to its customers by providing technical support, formulation advice, and supply chain solutions. Its product portfolio includes vitamins, minerals, proteins, sweeteners, preservatives, and many other specialty ingredients.

4. BASF SE

BASF SE is a multinational chemical company that operates in more than 85 countries and is one of the largest chemical producers by revenue. Its portfolio includes several chemicals, plastics, performance products, agricultural solutions, and oil and gas products, which are used in many industries like automotive, construction, electronics, and agriculture. It is committed to sustainable development and has set ambitious goals to reduce its environmental impact and improve the communities wherein it operates.

5. Brenntag SE

Brenntag SE is a multinational company and the world's largest distributor of chemicals and ingredients. It operates in over 100 countries and has more than 18,000 employees. It sources a wide range of chemicals and ingredients from thousands of suppliers around the world and distributes them to customers in various industries, including pharmaceuticals, F&B, personal care, and water treatment. It provides its customers with technical support, logistics, and other value-added services to help meet their needs and achieve goals.

6. Cargill, Incorporated

Cargill, Incorporated operates in the F&B, agriculture, and financial industries across 70 countries with more than 155,000 employees. Its businesses include the sourcing, processing, and distribution of agricultural commodities, such as grains, oilseeds, and cotton; production of animal feed and protein; and the manufacturing of food and beverage ingredients. It also supports farmers and rural communities around the world through its programs in education, nutrition, and economic development.

7. Corbion NV

Corbion NV is a multinational biotechnology company that produces and sells sustainable food ingredients, biomaterials, and biochemicals. It operates in more than 100 countries and has over 2,000 employees. Its products are used in a wide range of applications, including food and beverage, bakery, meat and poultry, personal care, and pharmaceuticals. Its product portfolio includes natural preservatives, functional blends, enzymes, and emulsifiers, among others. The company is also focused on innovation, investing in R&D to develop new products and applications that meet the changing needs of its customers.

8. Tate & Lyle plc

Tate & Lyle plc produces and sells specialty food ingredients, animal feed, and industrial products. It operates in over 30 countries and has more than 4,000 employees. Its products are used in a wide range of industries, including F&B, animal nutrition, and industrial applications. Its product portfolio includes sweeteners, starches, fibers, and other specialty ingredients. It is committed to sustainability and has set ambitious goals to reduce its environmental impact and promote responsible sourcing.

9. Ingredion Incorporated

Ingredion Incorporated is a multinational ingredient provider that produces a range of food ingredients and sweeteners derived from corn, tapioca, and other plant-based sources. It has operations in more than 60 countries and employs over 11,000 people. Its product portfolio includes sweeteners, starches, nutrition ingredients, and biomaterials. It is focused on innovation, investing in R&D to develop new products.

10. Roquette Frères

Roquette Frères produces and sells plant-based ingredients and solutions for the F&B, nutrition, and pharmaceutical industries. It operates in over 100 countries and has more than 9,000 employees. Its product portfolio includes specialty starches, plant-based proteins, fibers, and other ingredients. The company is also focused on innovation and investing in R&D to develop new products and applications that meet the changing needs of its customers.

11. The Lubrizol Corporation (Berkshire Hathaway Inc.)

The Lubrizol Corporation (Berkshire Hathaway Inc.) is a specialty chemical company that produces and sells a wide range of products, including additives, ingredients, and compounds. It has operations in more than 100 countries and employs over 8,000 people. Its products are used in a variety of applications, including transportation, industrial, personal care, and pharmaceuticals. The company is also focused on innovation and developing new products and applications that meet the changing needs of its customers.

12. Vantage Specialty Chemicals, Inc.

Vantage Specialty Chemicals, Inc. produces and sells a wide range of products, including specialty chemicals, performance materials, and natural oils. These products are used in a variety of industries, including personal care, food and beverage, pharmaceuticals, and industrial applications. The company has a strong focus on sustainability and has been recognized for its efforts in this area. It is also committed to social responsibility, supporting several charitable organizations and community initiatives.

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