Press release
Sodium Benzoate Market on Path to Hit $0.84 Billion by 2029 at 6.5% CAGR
Sodium Benzoate Market Size
Sodium Benzoate Market Outlook: What Size And CAGR Are Anticipated By 2025?
The market size for sodium benzoate has been experiencing consistent growth over the past few years. It is predicted to increase from $0.63 billion in 2024 to $0.66 billion in 2025, reflecting a compound annual growth rate (CAGR) of 3.6%. This trajectory in the historical period is due to factors like demand for stability and shelf-life, growth in the beverage industry, global spread of the food industry, evolving consumer lifestyle trends, and regulatory approvals.
What Is the Expected CAGR for the Sodium Benzoate Market Growth Through 2029?
The market size for sodium benzoate is predicted to experience a substantial increase in the following years, expanding to a value of $0.84 billion by 2029, with a compound annual growth rate (CAGR) of 6.5%. This growth during the predicted time frame can be attributed to numerous factors such as the rise in organic preservatives, demand surge in emerging regions, evolution of clean label trends, changes in regulations, and the expansion of the beverage sector. Other prominent trends during this period will include enhanced consumer understanding of food safety, the prevalence of allergen-free products, heightened transparency in product labeling, innovations in packaging, and the substitution of ingredients in personal care products.
Explore The Complete Report Now:
https://www.thebusinessresearchcompany.com/report/sodium-benzoate-global-market-report
What Are the Primary Drivers Behind Sodium Benzoate Market Growth?
The surge in demand from the cosmetics sector is anticipated to fuel the expansion of the sodium benzoate market in the future. Cosmetics, a product category within the health and beauty industry, are used to enhance an individual's bodily appearance. Sodium benzoate, which acts as a preservative against bacterial and fungal growth, is used in both food and cosmetic items. For example, the Belgium-based personal care association, Cosmetics Europe, noted that in 2023, everyday, personal care products are used by 500 million consumers in Europe to improve their well-being and health. Furthermore, the personal care sector annually injects roughly USD 31.23 billion (€29 billion) into the European economy. Hence, the escalating demand from the cosmetics sector is spurring the sodium benzoate market's growth.
Get Free Sample Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9842&type=smp
What Are the Key Segments Driving Sodium Benzoate Market Growth?
The sodium benzoate market covered in this report 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
Subsegments:
1) By Industrial Grade: Chemical Manufacturing, Water Treatment, Personal Care Products
2) By Food Grade: Preservatives In Food And Beverages, Flavoring Agents
3) By Pharmaceutical Grade: Active Pharmaceutical Ingredients (APIs), Excipients In Drug Formulations
What Are the Technological Trends Impacting the Sodium Benzoate Market?
Leading firms in the sodium benzoate sector are concentrating on the creation of innovative items, such as desserts, to elevate food safety and quality, targeting health-conscious customers. Desserts, including pastries, cakes, ice creams, and puddings, are generally consumed at the end of a meal. These are often prepared with ingredients like dairy, fruit, flour, and sugar, and are meant to conclude meal experiences pleasantly and satisfactorily. For example, in August 2024, Marine Hydrocolloids, a manufacturing firm based in India, rolled out flavored jelly crystal blends and custard items delivering ready-to-use products. These offerings are designed to suit varied palates and are created for straightforward preparation, attracting both home-based cooks and culinary experts.
Customize Your Insights And Get The Full Report Here:
https://www.thebusinessresearchcompany.com/customise?id=9842&type=smp
Who Are the Major Competitors in the Global Sodium Benzoate Market?
Major companies operating in the sodium benzoate market include 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, Krishna Chemicals, Eastman Chemical Company, MERCK KGaA, LANXESS, Akema S.r.l., Zancheng Life Sciences Ltd., Reagents, Charkit Chemical Corp, Tulstar Products Inc., Shandong Tong Tai Wei Run, Vertellus, Tokyo Chemical Industry Co. Ltd., Macco Organiques Inc., W. Ulrich GmbH, COFERMIN CHEMICALS GMBH & CO. KG, Wuhan Biet Co. Ltd, Atul Limited
Which Region Dominates the Sodium Benzoate Market Share in 2025?
Asia-Pacific was the largest region in the sodium benzoate market in 2024. The regions covered in the sodium benzoate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Speak With Our Expert:
Saumya Sahay
Americas +1 310-496-7795,
Asia +44 7882 955267 & +91 8897263534,
Europe +44 7882 955267
Email: saumyas@tbrc.info
The Business Research Company - www.thebusinessresearchcompany.com
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Sodium Benzoate Market on Path to Hit $0.84 Billion by 2029 at 6.5% CAGR here
News-ID: 4159887 • Views: …
More Releases from The Business Research Company
Pest Control Industry Expected to Reach $37 Billion by 2029 at 8.5% CAGR
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
Pest Control Market Value Projection: How Much Will the Market Size by 2025?
The market for pest control has seen robust growth in the past few years. The market is projected to rise from $24.71 billion in 2024 to $26.66 billion in 2025, indicating a compound annual growth rate (CAGR) of…
Secondary Agricultural Nutrients Global Market Insights: Growth Drivers, Size & …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What Is the Forecasted Market Growth Rate of the Secondary Agricultural Nutrients Industry?
The market size for secondary agricultural nutrients has consistently expanded over the past few years. Predictions show a growth from $44.87 billion in 2024 to $46.02 billion in 2025 with a compound annual growth rate (CAGR) of 2.6%.…
Seed Coating Colorants Market to Surpass $2.16 Billion by 2029 | Key Trends & In …
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
How Will the Seed Coating Colorants Market Grow by 2025 in Terms of Size and Growth?
The scale of the seed coating colorants market has seen a consistent increase in the past years. The market is anticipated to expand from a valuation of $1.64 billion in 2024 to $1.7 billion in 2025,…
Global Proteinase K Market Size, Share, and Forecast Analysis 2025-2029
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
What Are the Proteinase K Market Size Forecast for 2025?
There has been substantial growth in the size of the proteinase k market in recent years. This market is expected to increase from $4.89 billion in 2024 to $5.29 billion in 2025, exhibiting a compound annual growth rate (CAGR) of…
More Releases for Sodium
Global Sodium Sulbactam And Sodium Ampicillin API Market Size by Application, Ty …
According to Market Research Intellect, the global Sodium Sulbactam And Sodium Ampicillin API market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The market for sodium sulbactam and sodium ampicillin API is steadily expanding because to…
Global Sodium Acetate Trihydrate And Sodium Acetate Anhydrous Market Size by App …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to Market Research Intellect, the global Sodium Acetate Trihydrate And Sodium Acetate Anhydrous market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The sodium acetate trihydrate and sodium acetate anhydrous market is experiencing steady growth, driven by their wide-ranging applications in industries…
Sodium Percarbonate Market Report 2024 - Sodium Percarbonate Market Trends And D …
"The Business Research Company recently released a comprehensive report on the Global Sodium Percarbonate Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample…
Sodium Formate Market
Introduction
Sodium formate, a chemical compound with the formula HCOONa, plays a significant role in various industries. It is a white, water-soluble solid that is primarily used in leather tanning, de-icing, and as a buffering agent in various chemical processes. The versatility of sodium formate has made it an essential component in many industrial applications. Over the years, its demand has grown steadily, driven by its effectiveness and cost-efficiency. This post…
Sodium Diacetate (Sodium Hydrogen Diacetate) Market to see Rapid Growth by 2029|
-The report comes out as an intelligent and thorough assessment tool as well as a great resource that will help you to secure a position of strength in the global Sodium Diacetate (Sodium Hydrogen Diacetate) market. It includes Porter's Five Forces and PESTLE analysis to equip your business with critical information and comparative data about the Global Sodium Diacetate (Sodium Hydrogen Diacetate) Market. We have provided deep analysis of the…
Global Sodium Metasilicate Pentahydrate Market, Global Sodium Metasilicate Penta …
The Sodium Metasilicate Pentahydrate market is expected to grow from USD X.X million in 2020 to USD X.X million by 2026, at a CAGR of X.X% during the forecast period. The Global Sodium Metasilicate Pentahydrate Market report is a comprehensive research that focuses on the overall consumption structure, development trends, sales models and sales of top countries in the global Sodium Metasilicate Pentahydrate market. The report focuses on well-known providers…
