Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Sodium Benzoate Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Expected Market Growth Rates for the Sodium Benzoate Market?
The market size of sodium benzoate has been on a steady increase recently. The market growth was from $0.63 billion in 2024 to $0.66 billion in 2025 with a compound annual growth rate (CAGR) of 3.6%.
What Are the Expected Market Growth Trends for the Sodium Benzoate Market Through 2029?
By 2029, the sodium benzoate market is predicted to grow to a size of $0.84 billion, with a compound annual growth rate (CAGR) of 6.5%.
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What Are the Key Business Drivers in the Sodium Benzoate Market Landscape?
The key Drivers in the sodium benzoate market are:
• Growing demand from the cosmetics industry
• The use of sodium benzoate as a preservative in cosmetics and food products
• The inhibitory effect of sodium benzoate on bacterial and fungal growth
• High and consistent usage rates of personal care products by consumers
How Is the Sodium Benzoate Market Divided Across Key Categories?
The sodium benzoatemarket 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
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What Are the Ongoing Trends in the Sodium Benzoate Market?
The key trends in the sodium benzoate market are:
• A trend in the sodium benzoate market is the focus on developing innovative products, particularly in the food industry.
• Enhancing food safety and quality is shaping the market's future.
• Catering to health-conscious customers is another emerging trend that influences the market dynamics.
• Companies are introducing products that provide convenient, ready-to-use options, appealing to a wide range of consumers.
Which Companies are Expanding in the Sodium Benzoate Industry?
The key players in the sodium benzoate market are:
• 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 is the Largest Region the Global Sodium Benzoate Market?
Asia-Pacific was the largest region in the sodium benzoate market in 2024
