The Business Research Company’s Sodium Benzoate Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Sodium Benzoate Global Market Report 2023 evaluates sodium benzoate market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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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%
The sodium benzoate market segments in the report are:
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
Top 5 Major Players:
- Foodchem International Corporation
- A.M. Food Chemical Co. Limited
- Brown Chemical Co.Inc
- Wuhan Youji Industry Company Limited
- Jarchem Industries Inc
Asia-Pacific was the largest region in the sodium benzoate market in 2022
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Table of contents :
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
…..
26.Africa Sodium Benzoate Market
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
List of Tables:
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Sodium Benzoate Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Sodium Benzoate Market, Segmentation By Form, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Sodium Benzoate Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
……
Table 47: Foodchem International Corporation Financial Performance
Table 48: A.M. Food Chemical Co.Limited Financial Performance
Table 49: Brown Chemical Co.Inc. Financial Performance
Table 50: Wuhan Youji Industry Company Limited Financial Performance
Table 51: Jarchem Industries Inc. Financial Performance
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