China’s Potassium Sorbate overcapacity is becoming more and more obvious, and the industrial adjustment needs to be accelerated in the future 2021-02-24
The rapid development of China's food industry has led to the gradual expansion of the scale of the food additive industry. At present, China has become a big consumer of food additives in the world. As a subdivision of food additives, the market demand of Potassium Sorbate also maintains a growth trend. The capacity of local enterprises has increased rapidly, accounting for nearly 95% of the global total capacity. It can be seen that China's domestic Sorbic Acid ( and Potassium Sorbate) industry have great influence in the international market, but the domestic overcapacity situation is obvious.
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