"Global Sodium Benzoate Market – Industry Trends and Forecast to 2029

Global Sodium Benzoate Market, By Form (Powder, Granules, Flakes, and Others), Application (Antifungal Agent, Antimicrobial Agent, Rust and Corrosion Inhibitor, Preservative, and Others), End-User (Food & Beverages, Cosmetics, Pharmaceuticals, and Others) – Industry Trends and Forecast to 2029.

Data Bridge Market Research analyses that the sodium benzoate market was valued at USD 589.3 million in 2021 and is expected to reach the value of USD 806.50 million by 2029, at a CAGR of 4.00% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

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**Segments**

- By Form: The sodium benzoate market can be segmented into solid and liquid forms. Solid sodium benzoate is typically available in powder or granular form, while liquid sodium benzoate is commonly found in solutions or suspensions.

- By Application: This market can also be segmented by application into food & beverages, pharmaceuticals, personal care products, and industrial applications. Sodium benzoate is widely used as a preservative in food and beverages, a medication in pharmaceuticals, a cosmetic ingredient in personal care products, and a corrosion inhibitor in industrial applications.

- By End-Use Industry: The sodium benzoate market can be further segmented by end-use industry into food industry, healthcare industry, personal care industry, and chemical industry. Each industry utilizes sodium benzoate for various purposes such as extending shelf life in foods, preserving medication formulations, enhancing product stability in personal care items, and preventing corrosion in chemical processes.

**Market Players**

- Velsicol Chemical LLC: Velsicol Chemical is a key player in the sodium benzoate market, offering high-quality products for various applications.

- Axxence Aromatic GmbH: Axxence Aromatic is another prominent player known for its wide range of sodium benzoate solutions catering to different industries.

- Eastman Chemical Company: Eastman Chemical is a global leader in specialty chemicals, including sodium benzoate, with a strong presence in multiple regions.

- DuPont: DuPont is a renowned company providing innovative sodium benzoate formulations for diverse end-use industries.

- Nantong Kaitai Agrochemical Co., Ltd.: Nantong Kaitai Agrochemical specializes in sodium benzoate production, contributing significantly to the market supply.

- ADM: ADM is a major player in the sodium benzoate market, known for its sustainable practices and high-quality products meeting industry standards.

The global sodium benzoate market is witnessing steady growth due toThe sodium benzoate market is experiencing steady growth driven by several key factors. One of the primary drivers of market growth is the increasing demand for preservatives in the food and beverage industry. Sodium benzoate is widely used as a preservative to extend the shelf life of various food products such as sauces, soft drinks, and fruit juices. As consumers continue to prioritize convenience and longer-lasting food items, the demand for sodium benzoate is expected to rise.

In addition to the food and beverage industry, the pharmaceutical sector is also a significant contributor to the growth of the sodium benzoate market. Sodium benzoate is commonly utilized in pharmaceutical formulations as a medication to treat various health conditions. The pharmaceutical industry's focus on developing effective and stable formulations is driving the demand for sodium benzoate globally.

Furthermore, the personal care industry plays a crucial role in the sodium benzoate market. Sodium benzoate is used as a preservative in cosmetics and personal care products to prevent microbial growth and ensure product safety. With the increasing awareness among consumers regarding the importance of product safety and quality, the demand for sodium benzoate in the personal care industry is expected to continue growing.

Moreover, the industrial applications of sodium benzoate, such as its use as a corrosion inhibitor, are contributing to the market growth. Industries such as chemicals, manufacturing, and automotive rely on sodium benzoate to protect metal surfaces from corrosion and degradation, thereby extending the lifespan of equipment and infrastructure.

The presence of key market players such as Velsicol Chemical LLC, Axxence Aromatic GmbH, and Eastman Chemical Company further boosts the growth of the sodium benzoate market. These companies are known for their high-quality products, extensive product portfolios, and strong distribution networks, allowing them to cater to a wide range of industries and geographies. As these players continue to innovate and expand their product offerings, the sodium benzoate market is poised for sustained growth in the coming years.

Overall, the**Segments**

- By Form: The sodium benzoate market offers products in solid and liquid forms. Solid sodium benzoate is commonly available in powder or granular form, while liquid sodium benzoate is typically found in solutions or suspensions. The choice between solid and liquid forms depends on the specific application requirements and ease of handling for end-users.

- By Application: The market segments based on applications include food & beverages, pharmaceuticals, personal care products, and industrial applications. Sodium benzoate serves as a preservative in the food and beverage industry, a medication ingredient in pharmaceuticals, a cosmetic component in personal care products, and a corrosion inhibitor in various industrial processes. The diverse applications highlight the versatility and importance of sodium benzoate across different sectors.

- By End-Use Industry: The sodium benzoate market can further segment into the food industry, healthcare industry, personal care industry, and chemical industry. Each industry utilizes sodium benzoate for specific purposes, such as extending shelf life in foods, preserving medication formulations, enhancing product stability in personal care items, and preventing corrosion in chemical processes. The widespread use of sodium benzoate underscores its significance in multiple industries.

Global Sodium Benzoate Market, By Form (Powder, Granules, Flakes, and Others), Application (Antifungal Agent, Antimicrobial</

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Research Methodology

Part 04: Sodium Benzoate Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers and Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

How the Report Aids Your Business Discretion?

• This section of this Market report highlights some of the most relevant factors and growth enablers that collectively ensure a high-end growth spurt
• The report unravels details on pronounced share assessments across both country-wise as well as region-based segments
• A leading synopsis of market share analysis of dynamic players inclusive of high-end industry veterans
• New player entry analysis and their scope of new business models
• The report includes strategic recommendations for new business veterans as well as established players seeking novel growth avenues
• A detailed consultation services based on historical as well as current timelines to ensure feasible forecast predictions
• A thorough evaluation and detailed study of various segments as well as sub-segments across regional and country-specific developments
• Details on market estimations, market size, dimensions
• A review of market competitors, their high-end product and service portfolios, dynamic trends, as well as technological advances that portray high end growth in this Market

The Report Can Answer the Following Questions:

1. Who are the global key players of Sodium Benzoate industry? How are their operating situation (capacity, production, price, cost, gross and revenue)?
2. What are the types and applications of Sodium Benzoate? What is the market share of each type and application?
3. What are the upstream raw materials and manufacturing equipment of Sodium Benzoate? What is the manufacturing process of Sodium Benzoate?
4. Economic impact on Sodium Benzoate industry and development trend of Sodium Benzoate industry.
5. What are the key factors driving the global Sodium Benzoate industry?
6. What are the key market trends impacting the growth of the Sodium Benzoate market?
7. What are the Sodium Benzoate market challenges to market growth?
8. What are the Sodium Benzoate market opportunities and threats faced by the vendors in the global Sodium Benzoate market?

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