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Global Sodium Benzoate Market Size - Forecast to 2026

Global Sodium Benzoate Market

Global Sodium Benzoate Market

According to a new market research report published by Global Market Estimates, the Global Sodium Benzoate Market is projected to grow from USD 589.3 million in 2021 to USD 725.8 million by 2026 at a CAGR value of 3.5%. The growing food and beverage consumption and increased usage of sodium benzoate in the cosmetic industry are expected to enhance the growth of the sodium benzoate market.

Browse 151 Market Data Tables and 111 Figures spread through 181 Pages and in-depth TOC on “Global Sodium Benzoate Market - Forecast to 2026” https://www.globalmarketestimates.com/market-report/sodium-benzoate-market-3491

By Form (Powder, Granules, Flakes, and Others), By Application (Antifungal Agent, Antimicrobial Agent, Rust and Corrosion Inhibitor, Preservative, and Others), By End-User (Food & Beverages, Cosmetics, Pharmaceuticals, and Others), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis, and Competitor Analysis

Key Market Insights
• The growing urban population in developing nations such as China and India are expected to increase the demand for preserved food and foodstuff with longer shelf lives which will increase the demand for preservatives like sodium benzoate
• The compound is also used in the pharmaceuticals industry to treat ailments like hyperammonemia
• The powder segment is expected to hold the dominant share of the sodium benzoate market as it is easier to handle, transport, and store
• The preservative segment is expected to log the fastest growth rate among all the application segments owing to the antibacterial and antifungal properties of sodium benzoate
• AkzoNobel N.V., Jarchem Industries, FBC Industries Inc., E.I., A.M. Food Chemical Co. Limited, Wuhan Youji Industries Co., Foodchem International Corporation, Brown Chemical Co., DuPont de Nemours Company, Eastman Chemical Company, Cellmark USA, Charkit Chemical Corp, and Spectrum Chemicals among others are the key players in the sodium benzoate market

Browse the Report @ https://www.globalmarketestimates.com/market-report/sodium-benzoate-market-3491

Form Outlook (Revenue, USD Million, 2021-2026)
• Powder
• Granules
• Flakes
• Others

Application Outlook (Revenue, USD Million, 2021-2026)
• Antifungal Agent
• Antimicrobial Agent
• Rust and Corrosion Inhibitor
• Preservative
• Others

End-User Outlook (Revenue, USD Million, 2021-2026)
• Food & Beverages
• Cosmetics
• Pharmaceuticals
• Others

Regional Outlook (Revenue, USD Million, 2021-2026)
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of MEA

Contact: Yash Jain
Email address: yash.jain@globalmarketestimates.com
Phone Number: +16026667238
Website: https://www.globalmarketestimates.com
Check our Latest Blogs: https://www.globalmarketestimates.com/blog-posts.php

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Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.

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