Global Sodium Benzoate Market 2017-2021 - Product Image

Global Sodium Benzoate Market 2017-2021

  • ID: 4144033
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • Eastman Chemical
  • FBC Industries
  • Jarchem Industries
  • NegarAzar
  • Sigma-Aldrich
  • SWASTIK INDUSTRIES
  • MORE
About Sodium Benzoate

Sodium benzoate is the sodium salt of benzoic acid. Naturally, sodium benzoate is found in several fruits such as apples, berries, plums, clove, and cinnamons. It is a water-soluble compound and mainly used as a preservative in various applications such as food, beverage, pharmaceuticals, and personal care. Sodium benzoate is predominantly used in food and beverage applications such as soft drinks, carbonated drinks, beer, fruit juice, flavoring syrups, jams, jellies, margarine, salad cream and dressings, pickles, pineapple juice, fruit yogurt, table olives, and meat products.

The analysts forecast the global sodium benzoate market to grow at a CAGR of 4.49% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global sodium benzoate market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
- APAC
- Europe
- North America
- ROW

The report, Global Sodium Benzoate Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Eastman Chemical
- FBC Industries
- NegarAzar
- Sigma-Aldrich
- Tengzhou Tenglong Chemical

Other prominent vendors
- Jarchem Industries
- Shandong Tong Tai Wei Run Chemical
- SWASTIK INDUSTRIES

Market drivers
- Economic growth in APAC boosting demand for sodium benzoate.
- For a full, detailed list, view the full report

Market challenges
- Rising health concerns regarding consumption of sodium benzoate.
- For a full, detailed list, view the full report

Market trends
- Increasing consumer awareness regarding food safety.
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the Key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Eastman Chemical
  • FBC Industries
  • Jarchem Industries
  • NegarAzar
  • Sigma-Aldrich
  • SWASTIK INDUSTRIES
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Five forces analysis
PART 06: Market segmentation by application
  • Global sodium benzoate market by application
  • Global sodium benzoate market for food and beverages
  • Global sodium benzoate market for pharmaceuticals
  • Global sodium benzoate market for personal care
  • Global sodium benzoate market for others
PART 07: Geographical segmentation
  • Global sodium benzoate market by geography
  • Sodium benzoate market in APAC
  • Sodium benzoate market in Europe
  • Sodium benzoate market in North America
  • Sodium benzoate market in ROW
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Impact of drivers on key geographic segments
  • Market challenges
  • Impact of challenges on key geographic segments
PART 10: Market trends
  • Growing demand from pharmaceutical industry
  • Increasing consumer awareness regarding food safety
  • Growing demand from emerging applications
PART 11: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 12: Key vendor analysis
  • Eastman Chemical
  • FBC Industries
  • NegarAzar
  • Sigma-Aldrich
  • Tengzhou Tenglong Chemical
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Global sodium benzoate market 2016 and 2021 ($ millions)
Exhibit 02: Market forecast: Global sodium benzoate market 2016-2021
Exhibit 03: Five forces analysis
Exhibit 04: Global sodium benzoate market by application 2016
Exhibit 05: Global sodium benzoate market by application 2021
Exhibit 06: Global sodium benzoate market for food and beverages 2016 and 2021 ($ millions)
Exhibit 07: Market forecast: Global sodium benzoate market for food and beverages 2016-2021
Exhibit 08: Global sodium benzoate market for pharmaceuticals 2016 and 2021 ($ millions)
Exhibit 09: Market forecast: Global sodium benzoate market for pharmaceuticals 2016-2021
Exhibit 10: Global sodium benzoate market for personal care 2016 and 2021 ($ millions)
Exhibit 11: Market forecast: Global sodium benzoate market for personal care 2016-2021
Exhibit 12: Global sodium benzoate market for others 2016 and 2021 ($ millions)
Exhibit 13: Market forecast: Global sodium benzoate market for others 2016-2021
Exhibit 14: Global sodium benzoate market by geography 2016
Exhibit 15: Global sodium benzoate market by geography 2021
Exhibit 16: Sodium benzoate market in APAC 2016 and 2021 ($ millions)
Exhibit 17: Market forecast: Sodium benzoate market in APAC 2016-2021
Exhibit 18: Sodium benzoate market in Europe 2016 and 2021 ($ millions)
Exhibit 19: Market forecast: Sodium benzoate market in Europe 2016-2021
Exhibit 20: Sodium benzoate market in North America 2016 and 2021 ($ millions)
Exhibit 21: Market forecast: Sodium benzoate market in North America 2016-2021
Exhibit 22: Sodium benzoate market in ROW 2016 and 2021 ($ millions)
Exhibit 23: Market forecast: Sodium benzoate market in ROW 2016-2021
Exhibit 24: GDP growth rate for major countries in APAC 2014-2015 (% share)
Exhibit 25: Global personal care products market 2015-2021 ($ billions)
Exhibit 26: Impact of drivers
Exhibit 27: Impact of challenges
Exhibit 28: Key vendors in global sodium benzoate market
Exhibit 29: Eastman Chemical: Business segmentation by revenue 2015
Exhibit 30: Eastman Chemical: Geographical segmentation by revenue 2015
Exhibit 31: FBC Industries: Product portfolio
Exhibit 32: Sigma-Aldrich: Business units
Exhibit 33: Tengzhou Tenglong Chemical: Product portfolio
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FEATURED COMPANIES

  • Eastman Chemical
  • FBC Industries
  • Jarchem Industries
  • NegarAzar
  • Sigma-Aldrich
  • SWASTIK INDUSTRIES
  • MORE
New Report Released: – Global Sodium Benzoate Market 2017-2021

The author of the report recognizes the following companies as the key players in the global sodium benzoate market: Eastman Chemical, FBC Industries, NegarAzar, Sigma-Aldrich, and Tengzhou Tenglong Chemical.

Other Prominent Vendors in the market are: Jarchem Industries, Shandong Tong Tai Wei Run Chemical, and SWASTIK INDUSTRIES.

Commenting on the report, an analyst from the research team said: “One trend in market is growing demand from pharmaceutical industry. The demand for sodium benzoate is increasing from the pharmaceutical industry due to its multifunctional nature. Sodium benzoate is used as a tablet and capsule lubricant, and as a preservative in the pharmaceutical manufacturing industry. It is also used as an anti-fermentation additive. The pharmaceutical industry is observing a significant growth due to development in the healthcare infrastructure, increased incidence of diseases, and good economic growth resulting in enhanced disposable income. The continuously growing world population is also likely to add to the demand for sodium benzoate in future.”

According to the report, one driver in market is economic growth in APAC boosting demand for sodium benzoate. APAC is the largest and fastest growing market for sodium benzoate products worldwide. This is due to the improving economic growth and rising disposable income of consumers. The rapid increase in industrialization and development in China, India, and Japan is the key demand driver for sodium benzoate products in this region. The flourishing food and beverage industry is also propelling the growth of the sodium benzoate market in the region. The continuous rise in the economies of China, India, Japan, Australia, and New Zealand has boosted the growth in APAC over the past few years. The Philippines, Vietnam, and Indonesia showed a growth rate of over 5.5% during the same year. APAC has progressed from macroeconomic policies such as promoting comprehensive growth, decent job formations, confirming economic stability, and economic transformation. These macroeconomic policies are expected to up surge the economic growth in the region, which in result is likely to boost the sodium benzoate market growth.

Further, the report states that one challenge in market is growing consumption of organic food additives. Food additives are an important part of any food industry. They are commonly used to enhance the overall taste, flavor, color, and appearance of the food products. The demand for organic and natural ingredients in food products has increased rapidly in recent years. Food manufacturing industries are shifting toward more natural and organic food products. Since the natural food products market is emerging, every food manufacturing company wants to capture the untapped natural food product market. Giant food manufacturers and retailers around the world have made the availability of natural food and beverage products easy.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Eastman Chemical
  • FBC Industries
  • NegarAzar
  • Sigma-Aldrich
  • Tengzhou Tenglong Chemical
  • Jarchem Industries
  • Shandong Tong Tai Wei Run Chemical
  • SWASTIK INDUSTRIES
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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