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Sodium Benzoate Market Analysis and Size
The use of natural preservatives derived from plants and animals is becoming more popular in the food preservatives market. Synthetic preservatives were previously preferred because they were effective. Consumers have recently shifted to preservative-free, natural, or organic food products. As a result, the food industry is developing preservatives that are as effective as natural ones.
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.
Sodium Benzoate Market Scope and Segmentation
REPORT METRIC | DETAILS |
Forecast Period | 2022 to 2029 |
Base Year | 2021 |
Historic Years | 2020 (Customizable to 2014 - 2019) |
Quantitative Units | Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered | 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) |
Countries Covered | U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Market Players Covered | ADM (U.S.), Sysco Corporation (U.S.), Conagra Foodservice, Inc. (U.S.), Royal Ridge Fruits (U.S.), Capricorn Food Products India Ltd. (India), ALFA LAVAL (Sweden), Tricom Fruit Products Limited (India), Capuzzo S.r.l. (Italy), Freudenberg Group (Germany), Saraf Foods Ltd (India), Mysore Fruits (India), Rhodes Food Group (South Africa), Del Monte (U.S.), MANDAR FOOD PRODUCTS (India), AOHATA CORPORATION. (Japan), Reid Produce Co. (U.S.), Speyfruit Ltd. (U.K.), PACIFIC COAST FRUIT COMPANY (U.S.), Washington Fruit Produce Co (U.S.) |
Opportunities |
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Market Definition
Sodium benzoate is a food preservative used in packaged goods. Especially for acidic pH food products like soft drinks, pickles, jams, and so on. Because of its preservative and adjuvant properties are also used in cosmetics, personal care products, and pharmaceuticals.
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Businesses can assertively use the data, statistics, research, and insights about the market covered in this report to make decisions about business strategies and to achieve maximum return on investment (ROI). By keeping end users at the centre point, a team of researchers, forecasters, analysts and industry experts work exhaustively to formulate this market research report. To bestow clients with the most excellent results, Sodium Benzoate Market market research report has been generated by using integrated approaches and latest technology. The market study encompasses market drivers and restraints along with their impact on the demand over the forecast period.
This market research report provides a comprehensive study on production capacity, consumption, import and export for all major regions across the world. It has most-detailed market segmentation, systematic analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. All statistical and numerical information given in the report is symbolized with the help of graphs and charts which facilitates the understanding of facts and figures. This global Sodium Benzoate Market research report potentially offers plentiful insights and business solutions that will lend a hand to win the competition.
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What are the predominant Sodium Benzoate Market increase drivers?
Rapid enlarge in scope and utilization of Sodium Benzoate Market inside the globe with excessive acceptance ratio in the market
Automation with synthetic Genius helps in higher purchaser journey and to develop in systematic manner
Minimizing the human work and error with ultimate utilization of assets to earn higher effectivity of enterprise organization in the market
Research techniques and equipment used of Sodium Benzoate Market :
This Sodium Benzoate Market lookup file helps the readers to recognize about the general market scenario, approach to similarly figure out on this market project. It makes use of SWOT analysis, Porter’s Five Forces Analysis and PEST analysis.
Complete Report Details with Facts and Figures along respective Images and Graphs (TOC) https://www.databridgemarketresearch.com/toc/?dbmr=global-sodium-benzoate-market
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