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 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.
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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.
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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.
The pharmaceutical segment also holds a significant share, driven by sodium benzoate’s use as a preservative in liquid medications and its therapeutic application in treating urea cycle disorders. The cosmetics segment contributes substantially as well, with sodium benzoate acting as a preservative and corrosion inhibitor in various personal care products. The agriculture sector utilizes sodium benzoate as a feed additive, leveraging its anti-mold and antifungal properties. The “others” segment encompasses various industrial applications, including its use in pyrotechnics and as a corrosion inhibitor in automotive coolants, further diversifying the market’s reach.
Geographically, the European sodium benzoate market is segmented into key countries, including France, Germany, Italy, the UK, Turkey, Russia, and the Rest of Europe. In 2021, the Rest of Europe held the largest market share, indicating a broad and distributed demand across numerous countries within the region. This suggests that while major economies like Germany and France play significant roles, the collective demand from smaller and developing markets within Europe is substantial.
The segmentation by country highlights regional variations in consumption patterns and regulatory environments. For instance, countries with well-established food processing industries, such as Germany and France, exhibit high consumption rates in the food and beverages segment. Similarly, countries with robust pharmaceutical sectors contribute significantly to the pharmaceutical segment’s growth. Regulatory differences across these countries, particularly regarding food additives and preservatives, influence market dynamics and create diverse operational landscapes for manufacturers.
The dominance of the Rest of Europe segment underscores the importance of considering the broader European market, which includes a multitude of smaller economies with varying consumption patterns and growth potentials. This geographical diversity necessitates a nuanced approach from market players, requiring them to adapt their strategies to the specific needs and regulatory environments of different countries. Understanding these segmentation nuances is crucial for stakeholders to effectively navigate the European sodium benzoate market, identify growth opportunities, and address potential challenges.
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