Global Sodium Benzoate Market, By Application (Food and Beverages, Pharmaceutical, Personal Care and Others), Type (Potassium Benzoate and Sodium Benzoate), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2027.
Market Analysis and Insights: Global Sodium Benzoate Market
Sodium benzoate market is expected to grow at a growth rate of 3.50% in the forecast period 2020 to 2027. Sodium benzoate is generally utilized as an additive in few industries, such as food and beverages, cosmetics and pharmaceuticals to keep up product quality, improve product safety and external product shelf life.
Sodium salt of benzoic acid is called sodium benzoate. Naturally, sodium benzoate is found in several fruits such as apples, berries, plums, clove, and cinnamons. It is a water-soluble compound and which is used in number of applications such as food and beverage such as drinks, beer, fruit juice, flavoring syrups, jams, jellies, margarine, salad cream and dressings, pickles, pineapple juice, fruit yogurt, table olives, and meat products, personal care and pharmaceuticals.
It is predominantly utilised in pH under 4.5 as a preservative, the visibility of sodium benzoate increases with decline in pH level. Sodium benzoate is generally acknowledged in pharmaceuticals, food and beverages and health skin industries. The substance is utilized to shield food and beauty care products from intermittent decay.
Sodium benzoate is labelled as a destructive additive and its utilization is restricted in certain enterprises. It is easily soluble and affordable which widens its usage, but research revealed that the overuse of this chemical solvent can cause cancer by affecting the oxygen cells present in the body. In spite of the fact that this compound is available in some fruits, but with the addition of the synthetic form of sodium benzoate is extremely lethal for the body. With the change in consumer mind-set will directly impact the growth of the market.
This sodium benzoate market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on sodium benzoate market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Sodium Benzoate Market Scope and Market Size
Sodium benzoate market is segmented on the basis of application and type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of application, the sodium benzoate market is segmented into food and beverages, personal care, pharmaceutical and others.
- On the basis of type, the sodium benzoate market is segmented into potassium benzoate and sodium benzoate.
Sodium Benzoate Market Country Level Analysis
Sodium benzoate market is analyses and market size, volume information is provided by country by application and type as referenced above.
The countries covered in the sodium benzoate market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
Asia-Pacific dominates the sodium benzoate market in the forecast period of 2020 to 2027. As it is the largest producer of sodium benzoate.
The country section of the sodium benzoate market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Sodium Benzoate Market Share Analysis
Sodium benzoate market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to sodium benzoate market.
The major players covered in the sodium benzoate market report are Foodchem International Corporation, A.M Food Chemicals co. limited, DuPont, Eastman Chemical Company, FBC Industries, Vital Basics.inc, Tengzhou Tenglong Chemical Co, ADM, Brown Chemicals Co, Charkit Chemicals Company, Jarchem Industries Inc, Spectrum Chemical Manufacturing Corp and CellMark AB among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
Customization Available: Global Sodium Benzoate Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.