Global Sodium Benzoate Market Growth 2023-2029

Global Sodium Benzoate Market Growth 2023-2029

Sodium benzoate is a substance which has the chemical formula C6H5COONa. It is a widely used food preservative, with an E number of E211. It is the sodium salt of benzoic acid and exists in this form when dissolved in water. It can be produced by reacting sodium hydroxide with benzoic acid.
LPI (LP Information)' newest research report, the “Sodium Benzoate Industry Forecast” looks at past sales and reviews total world Sodium Benzoate sales in 2022, providing a comprehensive analysis by region and market sector of projected Sodium Benzoate sales for 2023 through 2029. With Sodium Benzoate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sodium Benzoate industry.
This Insight Report provides a comprehensive analysis of the global Sodium 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 Sodium Benzoate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Sodium Benzoate market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sodium Benzoate and breaks down the forecast by type, by downstream industry, 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 Sodium Benzoate.
The global Sodium Benzoate market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
In China, Sodium Benzoate key players include Wuhan Youji Industries, Tianjin Dongda Chemical, Benxi Black Horse Chemical, Jiangsu Shunfeng Chemical, etc. Global top four manufacturers hold a share over 80%.
In terms of product, Sodium Benzoate Powder is the largest segment, with a share over 80%. And in terms of application, the largest application is Beverage, followed by Food, Pharmaceuticals, Cosmetic, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Sodium Benzoate market by product type, downstream industry, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Sodium Benzoate Powder
Sodium Benzoate Granules
Sodium Benzoate Columnar
Segmentation by downstream industry
Beverage
Food
Pharmaceuticals
Cosmetic
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.
Wuhan Youji Industries
Tianjin Dongda Chemical
Liao Ning Huayi Chemical
Benxi Black Horse Chemical
Jiangsu Shunfeng Chemical
Shandong Province and Tai Wei Run Food
Eton Food
Tengzhou Aolong
Key Questions Addressed in this Report
What is the 10-year outlook for the global Sodium Benzoate market?
What factors are driving Sodium Benzoate market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Sodium Benzoate market opportunities vary by end market size?
How does Sodium Benzoate break out type, downstream industry?
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.