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Sodium Benzoate Global Market Size is Expected to Grow $0.74 Billion at a CAGR of 5.01% By 2027 | Key Players: Brown Chemical Co.Inc., FBC Industries Inc., Akzo Nobel N.V., Spectrum Chemicals, Cellmark USA LLC

Sodium Benzoate Market

Sodium Benzoate Market

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Sodium Benzoate Global Market Report 2023 identifies 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.

The global sodium benzoate market size is expected to grow from $0.58 billion in 2022 to $0.61 billion in 2023 at a compound annual growth rate (CAGR) of 4.51%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global sodium benzoate market size is expected to reach $0.74 billion in 2027 at a CAGR of 5.01%.

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Major players in the sodium benzoate market 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 and Krishna Chemicals.

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.

Read More On The Global Sodium Benzoate Market Report Here:
https://www.thebusinessresearchcompany.com/report/sodium-benzoate-global-market-report

The Sodium Benzoate market 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

By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Sodium Benzoate market.

The Business Research Company's "Global Sodium Benzoate Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Sodium Benzoate Market Include:
1. Executive Summary
2. Sodium Benzoate Market Characteristics
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 Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Sodium Benzoate Market
29. Sodium Benzoate Market Future Outlook and Potential Analysis
30. Appendix

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