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.
The global sodium benzoate market for food and beverages segment accounted for the majority market share during 2019 and will continue to dominate the market for the next few years.
In terms of geography, APAC accounted for the majority market share during 2019 and will continue to dominate the market during the forecasted period. Some of the major factors responsible for the growing consumption of sodium benzoate in the region is the rising population, growing urbanization, economic development, flourishing personal care, and the emerging pharmaceutical industry and food and beverage industry.
The Global Sodium Benzoate Market size was xxx million USD with a CAGR xx % from 2018- 2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023-2030.

As the report focuses on global Sodium Benzoate Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.

in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.

In Market segmentation by manufacturers, the report covers the following companies-
Eastman Chemical
FBC Industries
NegarAzar
Sigma-Aldrich
Tengzhou Tenglong Chemical
Jarchem Industries
Shandong Tong Tai Wei Run Chemical
Swastik Industries

In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types covers:
Industrial Grade
Food Grade
Pharmaceutical Grade

In Market segmentation by applications :
Food and Beverage
Personal Care
Pharmaceuticals
Other

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Sodium Benzoate Market for the forecast period 2023-2030?
• What are the driving forces in the Sodium Benzoate Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Sodium Benzoate industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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