Global Potassium Benzoate Market Growth 2023-2029

Global Potassium Benzoate Market Growth 2023-2029

Potassium benzoate (E212), Cas 582-25-2, the potassium salt of benzoic acid, is a food preservative that inhibits the growth of mold, yeast and some bacteria. It works best in low-pH products, below 4.5, where it exists as benzoic acid. Acidic-foods and beverages such as fruit juice (citric acid), sparkling drinks (carbonic acid), soft drinks (phosphoric acid), and pickles (vinegar) may be preserved with potassium benzoate.
LPI (LP Information)' newest research report, the “Potassium Benzoate Industry Forecast” looks at past sales and reviews total world Potassium Benzoate sales in 2022, providing a comprehensive analysis by region and market sector of projected Potassium Benzoate sales for 2023 through 2029. With Potassium Benzoate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Potassium Benzoate industry.
This Insight Report provides a comprehensive analysis of the global Potassium Benzoate landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Potassium Benzoate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Potassium Benzoate market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Potassium Benzoate and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Potassium Benzoate.
The global Potassium Benzoate market size is projected to grow from US$ 22 million in 2022 to US$ 38 million in 2029; it is expected to grow at a CAGR of 38 from 2023 to 2029.
In 2019, the global Potassium Benzoate sales market is led by North America, with about 48% of the market share. Europe is the second-largest region-wise market.
The main manufacturers are Emerald Kalama Chemical, Tengzhou Tenglong Chemical and T A.M Food Chemical. The Top 3 took up above 65% of the global market in 2019.

As for the consumption, North America is the largest consumer, who owned about 42% share in global consumption market in 2019. The follower is Europe, accounting for above 24% sales share in 2019.
In terms of types, Food Grade Potassium Benzoate occupied the largest sales share of above 92% in 2019. It is expected that Food Grade Potassium Benzoate will remain an absolute dominance position for a long time in the future.
Based on the application, Food & Beverages application constitutes the largest application market for Potassium Benzoate. The largest end-use markets for Potassium Benzoate are food & beverages preservatives and etc. In 2019, the market share of Food & Beverages using was about 91%.
This report presents a comprehensive overview, market shares, and growth opportunities of Potassium Benzoate market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Food Grade Potassium Benzoate
Pharmaceutical Grade Potassium Benzoate
Segmentation by application
Food & Beverages
Personal Care
Pharmaceutical
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Emerald Kalama Chemical
Tengzhou Tenglong Chemical
A.M Food Chemical
Tengzhou Aolong Chemical
Macco Organiques Inc.
FBC Industries
Shandong Tong Tai Wei Run Chemical
Shandong Ruisheng Biotechnology

Key Questions Addressed in this Report
What is the 10-year outlook for the global Potassium Benzoate market?
What factors are driving Potassium Benzoate market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Potassium Benzoate market opportunities vary by end market size?
How does Potassium Benzoate break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.