Press release
Europe Sodium Benzoate Market Key Players, Growth, Trends, Share, Opportunities, Forecast 2028
The sodium benzoate market in Europe is expected to grow from US$ 29,571.41 thousand in 2021 to US$ 39,681.94 thousand by 2028; it is estimated to register a CAGR of 4.3% from 2021 to 2028.The sodium benzoate market in Europe is expected to grow from US$ 29,571.41 thousand in 2021 to US$ 39,681.94 thousand by 2028; it is estimated to register a CAGR of 4.3% from 2021 to 2028. The extensive usage of sodium benzoate in various end-use industries, including food & beverages, pharmaceutical, and cosmetic & personal care, is the major factor driving the growth of the Europe sodium benzoate market. Sodium benzoate is widely used in several end-use industries to maintain product quality, improve product safety, and extend product shelf life. It is utilized as a preservative in various food and beverage products, cosmetics, and medicines. In the food & beverage industry, sodium benzoate is required to prevent spoilage from harmful microorganisms, such as bacteria, yeasts, and molds. It also helps maintain the freshness and shelf life of food.
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Sodium benzoate is utilized to treat urea cycle problems due to its ability to bind amino acids. As a result, these amino acids are excreted, accounting for a decline in ammonia levels. It also finds application as an antimicrobial preservative, antifungal, and lubricant for tablets and capsules. Sodium benzoate is often used as a preservative in liquid medicines such as cough syrup. It is applied in fireworks as a fuel in whistle mix, a powder that emits a whistling noise when compressed into a tube and ignited. It is used to deter corrosion in coolants for car engines and antifreeze products. In agriculture, sodium benzoate is used as a feed additive with anti-mold and antifungal properties, compatible with lactic acid bacteria added during ensiling. Furthermore, it may be found in nonconsumable cosmetic items such as toothpaste, mouthwash, and various types of hair care products. Sodium benzoate acts as a corrosion inhibitor, fragrance component, and preservative in a wide range of cosmetics and personal care products. Thus, the increasing demand for sodium benzoate across various end-use industries is propelling the market growth.
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The List of Companies
A.M FOOD CHEMICAL CO., LIMITED
Akema S.r.l.
Eastman Chemical Company
Foodchem International Corporation
Jarchem Innovative Ingredients LLC
LANXESS
MERCK KGaA
Zancheng Life Sciences Ltd.
The European sodium benzoate market is a dynamic sector influenced by a confluence of factors, primarily driven by the compound's versatile applications across various industries. Sodium benzoate, a widely used preservative, plays a crucial role in extending the shelf life of numerous products, particularly within the food and beverage industry. This foundational application remains a significant driver of market growth in Europe.
A key trend observed is the increasing consumer demand for packaged and convenience foods, which inherently require preservatives to maintain freshness and safety. In Europe, where busy lifestyles are prevalent, this demand is particularly strong. Sodium benzoate's effectiveness in inhibiting the growth of microorganisms like bacteria, yeast, and mold makes it an indispensable ingredient in a wide array of food products, including carbonated beverages, pickles, sauces, and baked goods.
Furthermore, the pharmaceutical and cosmetics sectors contribute substantially to the sodium benzoate market. In pharmaceuticals, it is used as a preservative in liquid medications and as a treatment for urea cycle disorders. In cosmetics, it acts as a preservative in personal care products like shampoos, lotions, and toothpaste, ensuring product stability and preventing microbial contamination. As European consumers become increasingly conscious of product safety and shelf life, the demand for sodium benzoate in these applications is expected to rise.
However, the market is not without its challenges. Growing consumer awareness regarding the potential health effects of synthetic preservatives has led to a rising preference for natural alternatives. This "clean label" trend is prompting manufacturers to explore and adopt natural preservatives, which could potentially restrain the growth of the sodium benzoate market. Nonetheless, sodium benzoate remains a cost-effective and highly efficient preservative, maintaining its strong position in the market.
Regional variations within Europe also play a role in shaping the market. Countries with a strong food and beverage processing industry, such as Germany, France, and the United Kingdom, tend to have a larger consumption of sodium benzoate. Additionally, regulatory frameworks regarding food additives and preservatives vary across European nations, influencing market dynamics.
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