Press release
Sodium Benzoate Global Market Analysis, Trends, Growth, Research And Forecast 2033
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.
Sodium Benzoate Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $0.8 billion In 2028 At A CAGR Of 5.9%.
The sodium benzoate market size has grown strongly in recent years. It will grow from $0.61 billion in 2023 to $0.64 billion in 2024 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to stability and shelf-life demands, expansion of beverage sector, globalization of food industry, changing consumer lifestyles, regulatory approvals..
The sodium benzoate market size is expected to see strong growth in the next few years. It will grow to $0.8 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to growth in organic preservatives, demand in developing regions, clean label trends, regulatory changes, expansion of beverages.. Major trends in the forecast period include consumer education on food safety, allergen-free products, increased transparency in labeling, packaging innovations, substitution in personal care products..
Request A Sample Of This Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=9842&type=smp
Sodium Benzoate Market Major Segments
The sodium benzoate market covered in this report is segmented -
1) By Type: Industrial Grade, Food Grade, Pharmaceutical Grade
2) By Form: Powder, Granules, Flakes, Other Forms
3) By Distribution Channel: Online Retailer, Offline Retailer
4) By Application: Antifungal Agent, Antimicrobial Agent, Rust And Corrosion Inhibitor, Preservative, Other Applications
Key Driver - Sodium Benzoate Market Growth Fueled By Cosmetics Industry Demand
The increasing demand from the cosmetics industry is expected to propel the growth of the sodium benzoate market going forward. Cosmetics refer to a category of health and beauty goods used to improve the appearance of a person's body. Sodium benzoate is utilized as a preservative in both cosmetics and food goods, as it inhibits both bacterial and fungal growth. For instance, according to the Loreal, a France-based cosmetic manufacturing company, the global cosmetics sector reached $228 billion in 2021. Therefore, the increasing demand from the cosmetics industry is driving the growth of the sodium benzoate market.
Customise This Report As Per Your Requirements - https://www.thebusinessresearchcompany.com/Customise?id=9842&type=smp
Prominent Trend - Innovative Offerings With Advancements In Sodium Benzoate Market With Liquid Formulation
Product innovation is a key trend gaining popularity in the sodium benzoate market. Major companies operating in the sodium benzoate market are focused on innovative products to sustain their position. For instance, in January 2021, Emerald Kalama, a US-based chemicals company launched Kalama Sodium Benzoate Liquid. It is an effective preservative that incorporates the firm's high-quality sodium benzoate NF/FCC into a unique solution in water form and it can improve the processing efficiency. This liquid can inhibit the bacteria, and yeast and can mould in the different products at ambient or elevated process temperatures.
Sodium Benzoate Market Players
Major companies operating in the sodium benzoate market report are Foodchem International Corporation, A.M. Food Chemical Co.Limited, Brown Chemical Co.Inc., Wuhan Youji Industry Company Limited, Jarchem Industries Inc., FBC Industries Inc., Archer Daniels Midland Company, Akzo Nobel N.V., Spectrum Chemicals, DuPont de Nemours Company, Tengzhou Tenglong Chemical Co. Ltd., Cellmark USA LLC, Ganesh Benzoplast Limited, Vizag Chemicals, Krishna Chemicals, Eastman Chemical Company, MERCK KGaA, LANXESS, Akema S.r.l., Zancheng Life Sciences Ltd., Reagents, Charkit Chemical Corp, Tulstar Products Inc., Shandong Tong Tai Wei Run, Vertellus, Tokyo Chemical Industry Co. Ltd., Macco Organiques Inc., W. Ulrich GmbH , COFERMIN CHEMICALS GMBH & CO. KG , Wuhan Biet Co. Ltd, Atul Limited .
View The Full Report Here - https://www.thebusinessresearchcompany.com/report/sodium-benzoate-global-market-report
Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the sodium benzoate market in 2023. The regions covered in the sodium benzoate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Sodium Benzoate Market Report Structure
3. Sodium Benzoate Market Trends And Strategies
4. Sodium Benzoate Market - Macro Economic Scenario
5. Sodium Benzoate Market Size And Growth
…..
27. Sodium Benzoate Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
Sodium Benzoate Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $0.8 billion In 2028 At A CAGR Of 5.9%.
The sodium benzoate market size has grown strongly in recent years. It will grow from $0.61 billion in 2023 to $0.64 billion in 2024 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to stability and shelf-life demands, expansion of beverage sector, globalization of food industry, changing consumer lifestyles, regulatory approvals..
The sodium benzoate market size is expected to see strong growth in the next few years. It will grow to $0.8 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to growth in organic preservatives, demand in developing regions, clean label trends, regulatory changes, expansion of beverages.. Major trends in the forecast period include consumer education on food safety, allergen-free products, increased transparency in labeling, packaging innovations, substitution in personal care products..
Request A Sample Of This Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=9842&type=smp
Sodium Benzoate Market Major Segments
The sodium benzoate market covered in this report is segmented -
1) By Type: Industrial Grade, Food Grade, Pharmaceutical Grade
2) By Form: Powder, Granules, Flakes, Other Forms
3) By Distribution Channel: Online Retailer, Offline Retailer
4) By Application: Antifungal Agent, Antimicrobial Agent, Rust And Corrosion Inhibitor, Preservative, Other Applications
Key Driver - Sodium Benzoate Market Growth Fueled By Cosmetics Industry Demand
The increasing demand from the cosmetics industry is expected to propel the growth of the sodium benzoate market going forward. Cosmetics refer to a category of health and beauty goods used to improve the appearance of a person's body. Sodium benzoate is utilized as a preservative in both cosmetics and food goods, as it inhibits both bacterial and fungal growth. For instance, according to the Loreal, a France-based cosmetic manufacturing company, the global cosmetics sector reached $228 billion in 2021. Therefore, the increasing demand from the cosmetics industry is driving the growth of the sodium benzoate market.
Customise This Report As Per Your Requirements - https://www.thebusinessresearchcompany.com/Customise?id=9842&type=smp
Prominent Trend - Innovative Offerings With Advancements In Sodium Benzoate Market With Liquid Formulation
Product innovation is a key trend gaining popularity in the sodium benzoate market. Major companies operating in the sodium benzoate market are focused on innovative products to sustain their position. For instance, in January 2021, Emerald Kalama, a US-based chemicals company launched Kalama Sodium Benzoate Liquid. It is an effective preservative that incorporates the firm's high-quality sodium benzoate NF/FCC into a unique solution in water form and it can improve the processing efficiency. This liquid can inhibit the bacteria, and yeast and can mould in the different products at ambient or elevated process temperatures.
Sodium Benzoate Market Players
Major companies operating in the sodium benzoate market report are Foodchem International Corporation, A.M. Food Chemical Co.Limited, Brown Chemical Co.Inc., Wuhan Youji Industry Company Limited, Jarchem Industries Inc., FBC Industries Inc., Archer Daniels Midland Company, Akzo Nobel N.V., Spectrum Chemicals, DuPont de Nemours Company, Tengzhou Tenglong Chemical Co. Ltd., Cellmark USA LLC, Ganesh Benzoplast Limited, Vizag Chemicals, Krishna Chemicals, Eastman Chemical Company, MERCK KGaA, LANXESS, Akema S.r.l., Zancheng Life Sciences Ltd., Reagents, Charkit Chemical Corp, Tulstar Products Inc., Shandong Tong Tai Wei Run, Vertellus, Tokyo Chemical Industry Co. Ltd., Macco Organiques Inc., W. Ulrich GmbH , COFERMIN CHEMICALS GMBH & CO. KG , Wuhan Biet Co. Ltd, Atul Limited .
View The Full Report Here - https://www.thebusinessresearchcompany.com/report/sodium-benzoate-global-market-report
Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the sodium benzoate market in 2023. The regions covered in the sodium benzoate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Sodium Benzoate Market Report Structure
3. Sodium Benzoate Market Trends And Strategies
4. Sodium Benzoate Market - Macro Economic Scenario
5. Sodium Benzoate Market Size And Growth
…..
27. Sodium Benzoate Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
