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Global Benzoates Market by Type (Ammonium Benzoate, Calcium Benzoate, Magnesium Benzoate), End-user (Food & Beverage, Personal Care, Pharmaceuticals) - Forecast 2024-2030

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    Report

  • 180 Pages
  • March 2024
  • Region: Global
  • 360iResearch™
  • ID: 5847067
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The Benzoates Market size was estimated at USD 2.34 billion in 2023, USD 2.47 billion in 2024, and is expected to grow at a CAGR of 5.98% to reach USD 3.51 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Benzoates Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Benzoates Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Benzoates Market, highlighting leading vendors and their innovative profiles. These include A.M Food Chemical Co., Limited, Akshar Chemical India Private Limited, Anmol Chemicals, BOCSCI Inc., Central Drug House, DPL-US by Dr. Paul Lohmann GmbH & Co. KGaA, Eastman Chemical Company, FBC Industries, Inc., Foodchem International Corporation, Ganesh Benzoplast Limited, Hemadri Chemicals, Jarchem Innovative Ingredients LLC by Vertellus Holdings LLC, Katyayani Organics, Krishna Chemicals, Lanxess AG, Linuo Group Holdings Co., Ltd., Merck KGaA, Nilkanth Organics, Otto Chemie Pvt. Ltd., Pat Impex, Peptech Biosciences Ltd., Rishi Chemical, Sinofi Ingredients by Shanghai Bichain Industrial Chemical, Spectrum Chemical Mfg. Corp., Spectrum Laboratory Products, Inc., Tengzhou Tenglong Chemical Co., Ltd., The Dow Chemical Company, Vigon International by Azelis Group, VWR International, LLC by Avantor, Inc., and Xena International Inc.

Market Segmentation & Coverage

This research report categorizes the Benzoates Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Type
    • Ammonium Benzoate
    • Calcium Benzoate
    • Magnesium Benzoate
    • Potassium Benzoate
    • Sodium Benzoate
  • End-user
    • Food & Beverage
    • Personal Care
    • Pharmaceuticals
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as

  1. What is the market size and forecast of the Benzoates Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Benzoates Market?
  3. What are the technology trends and regulatory frameworks in the Benzoates Market?
  4. What is the market share of the leading vendors in the Benzoates Market?
  5. Which modes and strategic moves are suitable for entering the Benzoates Market?

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Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Benzoates Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing benzoate adoption in processed food and beverage for preservation
5.1.1.2. Rising use of benzoate in the pharmaceutical industry
5.1.1.3. High potential across various industrial applications, including coatings and paints
5.1.2. Restraints
5.1.2.1. Certain health concerns associated with benzoates
5.1.3. Opportunities
5.1.3.1. Advancements in formulation and delivery systems to enhance the performance and effectiveness of benzoates
5.1.3.2. High potential across personal care and cosmetics products
5.1.4. Challenges
5.1.4.1. Increasing usage of natural preservatives in food and beverage industry
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Benzoates Market, by Type
6.1. Introduction
6.2. Ammonium Benzoate
6.3. Calcium Benzoate
6.4. Magnesium Benzoate
6.5. Potassium Benzoate
6.6. Sodium Benzoate
7. Benzoates Market, by End-user
7.1. Introduction
7.2. Food & Beverage
7.3. Personal Care
7.4. Pharmaceuticals
8. Americas Benzoates Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States
9. Asia-Pacific Benzoates Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam
10. Europe, Middle East & Africa Benzoates Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom
11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
12. Competitive Portfolio
12.1. Key Company Profiles
12.1.1. A.M Food Chemical Co., Limited
12.1.2. Akshar Chemical India Private Limited
12.1.3. Anmol Chemicals
12.1.4. BOCSCI Inc.
12.1.5. Central Drug House
12.1.6. DPL-US by Dr. Paul Lohmann GmbH & Co. KGaA
12.1.7. Eastman Chemical Company
12.1.8. FBC Industries, Inc.
12.1.9. Foodchem International Corporation
12.1.10. Ganesh Benzoplast Limited
12.1.11. Hemadri Chemicals
12.1.12. Jarchem Innovative Ingredients LLC by Vertellus Holdings LLC
12.1.13. Katyayani Organics
12.1.14. Krishna Chemicals
12.1.15. Lanxess AG
12.1.16. Linuo Group Holdings Co., Ltd.
12.1.17. Merck KGaA
12.1.18. Nilkanth Organics
12.1.19. Otto Chemie Pvt. Ltd.
12.1.20. Pat Impex
12.1.21. Peptech Biosciences Ltd.
12.1.22. Rishi Chemical
12.1.23. Sinofi Ingredients by Shanghai Bichain Industrial Chemical
12.1.24. Spectrum Chemical Mfg. Corp.
12.1.25. Spectrum Laboratory Products, Inc.
12.1.26. Tengzhou Tenglong Chemical Co., Ltd.
12.1.27. The Dow Chemical Company
12.1.28. Vigon International by Azelis Group
12.1.29. VWR International, LLC by Avantor, Inc.
12.1.30. Xena International Inc.
12.2. Key Product Portfolio
13. Appendix
13.1. Discussion Guide
13.2. License & Pricing
List of Figures
FIGURE 1. BENZOATES MARKET RESEARCH PROCESS
FIGURE 2. BENZOATES MARKET SIZE, 2023 VS 2030
FIGURE 3. BENZOATES MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. BENZOATES MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. BENZOATES MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. BENZOATES MARKET DYNAMICS
FIGURE 7. BENZOATES MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 8. BENZOATES MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. BENZOATES MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
FIGURE 10. BENZOATES MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS BENZOATES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 12. AMERICAS BENZOATES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES BENZOATES MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 14. UNITED STATES BENZOATES MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC BENZOATES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC BENZOATES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA BENZOATES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA BENZOATES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. BENZOATES MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 20. BENZOATES MARKET SHARE, BY KEY PLAYER, 2023

Companies Mentioned

  • A.M Food Chemical Co., Limited
  • Akshar Chemical India Private Limited
  • Anmol Chemicals
  • BOCSCI Inc.
  • Central Drug House
  • DPL-US by Dr. Paul Lohmann GmbH & Co. KGaA
  • Eastman Chemical Company
  • FBC Industries, Inc.
  • Foodchem International Corporation
  • Ganesh Benzoplast Limited
  • Hemadri Chemicals
  • Jarchem Innovative Ingredients LLC by Vertellus Holdings LLC
  • Katyayani Organics
  • Krishna Chemicals
  • Lanxess AG
  • Linuo Group Holdings Co., Ltd.
  • Merck KGaA
  • Nilkanth Organics
  • Otto Chemie Pvt. Ltd.
  • Pat Impex
  • Peptech Biosciences Ltd.
  • Rishi Chemical
  • Sinofi Ingredients by Shanghai Bichain Industrial Chemical
  • Spectrum Chemical Mfg. Corp.
  • Spectrum Laboratory Products, Inc.
  • Tengzhou Tenglong Chemical Co., Ltd.
  • The Dow Chemical Company
  • Vigon International by Azelis Group
  • VWR International, LLC by Avantor, Inc.
  • Xena International Inc.

Methodology

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Table Information