The sodium benzoate market in Europe is expected to grow from US$ 29,571.41 thousand in 2021 to US$ 39,681.94 thousand by 2028; it is estimated to register a CAGR of 4.3% from 2021 to 2028.
The extensive usage of sodium benzoate in various end-use industries, including food & beverages, pharmaceutical, and cosmetic & personal care, is the major factor driving the growth of the Europe sodium benzoate market. Sodium benzoate is widely used in several end-use industries to maintain product quality, improve product safety, and extend product shelf life. It is utilized as a preservative in various food and beverage products, cosmetics, and medicines. In the food & beverage industry, sodium benzoate is required to prevent spoilage from harmful microorganisms, such as bacteria, yeasts, and molds. It also helps maintain the freshness and shelf life of food.
Sodium benzoate is utilized to treat urea cycle problems due to its ability to bind amino acids. As a result, these amino acids are excreted, accounting for a decline in ammonia levels. It also finds application as an antimicrobial preservative, antifungal, and lubricant for tablets and capsules. Sodium benzoate is often used as a preservative in liquid medicines such as cough syrup. It is applied in fireworks as a fuel in whistle mix, a powder that emits a whistling noise when compressed into a tube and ignited. It is used to deter corrosion in coolants for car engines and antifreeze products. In agriculture, sodium benzoate is used as a feed additive with anti-mold and antifungal properties, compatible with lactic acid bacteria added during ensiling. Furthermore, it may be found in nonconsumable cosmetic items such as toothpaste, mouthwash, and various types of hair care products. Sodium benzoate acts as a corrosion inhibitor, fragrance component, and preservative in a wide range of cosmetics and personal care products. Thus, the increasing demand for sodium benzoate across various end-use industries is propelling the market growth.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe sodium benzoate market. The Europe sodium benzoate market is expected to grow at a notable CAGR during the forecast period.
Europe Sodium Benzoate (US$ Thousand)
A.M FOOD CHEMICAL CO., LIMITED; Akema S.r.l.; Eastman Chemical Company; Foodchem International Corporation; Jarchem Innovative Ingredients LLC; LANXESS; MERCK KGaA; and Zancheng Life Sciences Ltd. are among the leading companies operating in the sodium benzoate market in Europe
The extensive usage of sodium benzoate in various end-use industries, including food & beverages, pharmaceutical, and cosmetic & personal care, is the major factor driving the growth of the Europe sodium benzoate market. Sodium benzoate is widely used in several end-use industries to maintain product quality, improve product safety, and extend product shelf life. It is utilized as a preservative in various food and beverage products, cosmetics, and medicines. In the food & beverage industry, sodium benzoate is required to prevent spoilage from harmful microorganisms, such as bacteria, yeasts, and molds. It also helps maintain the freshness and shelf life of food.
Sodium benzoate is utilized to treat urea cycle problems due to its ability to bind amino acids. As a result, these amino acids are excreted, accounting for a decline in ammonia levels. It also finds application as an antimicrobial preservative, antifungal, and lubricant for tablets and capsules. Sodium benzoate is often used as a preservative in liquid medicines such as cough syrup. It is applied in fireworks as a fuel in whistle mix, a powder that emits a whistling noise when compressed into a tube and ignited. It is used to deter corrosion in coolants for car engines and antifreeze products. In agriculture, sodium benzoate is used as a feed additive with anti-mold and antifungal properties, compatible with lactic acid bacteria added during ensiling. Furthermore, it may be found in nonconsumable cosmetic items such as toothpaste, mouthwash, and various types of hair care products. Sodium benzoate acts as a corrosion inhibitor, fragrance component, and preservative in a wide range of cosmetics and personal care products. Thus, the increasing demand for sodium benzoate across various end-use industries is propelling the market growth.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe sodium benzoate market. The Europe sodium benzoate market is expected to grow at a notable CAGR during the forecast period.
Europe Sodium Benzoate (US$ Thousand)
Europe Sodium Benzoate Market Segmentation
The Europe sodium benzoate market is bifurcated into application and country. Based on application, the Europe sodium benzoate market is segmented into food and beverages, pharmaceuticals, cosmetics, agriculture, and others. In 2021, the food and beverages segment accounted for the largest revenue share. Based on country, the Europe sodium benzoate market is segmented into France, Germany, Italy, the UK, Turkey, Russia, and the Rest of Europe. Further, the Rest of Europe held the largest market share in 2021.A.M FOOD CHEMICAL CO., LIMITED; Akema S.r.l.; Eastman Chemical Company; Foodchem International Corporation; Jarchem Innovative Ingredients LLC; LANXESS; MERCK KGaA; and Zancheng Life Sciences Ltd. are among the leading companies operating in the sodium benzoate market in Europe
Table of Contents
1. Introduction
3. Research Methodology
4. Europe Sodium Benzoate Market Landscape
5. Europe Sodium Benzoate Market - Key Market Dynamics
6. Sodium Benzoate Market - Europe Analysis
7. Europe Sodium Benzoate Market Analysis - By Application
8. Europe Sodium Benzoate Market - Country Analysis
9. Industry Landscape
10. Company Profiles
11. Appendix
List of Figures
List of Tables
Companies Mentioned
- A.M FOOD CHEMICAL CO., LIMITED
- Akema S.r.l.
- Eastman Chemical Company
- Foodchem International Corporation
- Jarchem Innovative Ingredients LLC
- LANXESS
- MERCK KGaA
- Zancheng Life Sciences Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 111 |
| Published | August 2022 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 29571.41 Million |
| Forecasted Market Value ( USD | $ 39681.94 Million |
| Compound Annual Growth Rate | 4.3% |
| Regions Covered | Europe |
| No. of Companies Mentioned | 8 |
