Sodium Benzoate (SAP) Market

Sodium Benzoate (SAP) Market Synopsis

Sodium Benzoate (SAP) Market Size Was Valued at USD 1.4 Billion in 2023, and is Projected to Reach USD 2.4 Billion by 2032, Growing at a CAGR of 6.3% From 2024-2032.

Sodium Benzoate (SAP) is an approved preservative chemical used in the food, beverages, beauty care products, and pharma industries, which prevents the bacterial, yeast, and fungi activities. This chemical is gotten from benzoic acid and sodium hydroxide and a very effective preservative for perishable goods since it helps to stabilize the commodity’s chemical structure. Since sodium benzoate is water soluble and non toxic at legal tolerances, and stable in acidic pH levels, it has become popular among manufacturers. It also used in the industrial field especially in anti-corrosion products, so it has a several market demands of different areas.

The market for the sodium Benzoate has remained relatively liberal in the recent past due to its extensive uses as a preservative in foods and beverages. With more and more consumers expecting the packaged products to have a long shelf life, manufacturers and traders are opting for Sodium Benzoate that responds to safety and regulatory requirements for enhancing the shelf life of the products. Still, the food and beverages industry is the largest consumer because of its functionality in preserving perishable goods and enhancing their taste. Expansion in demand base of convenient foods due to improving consciousness of the public on food safety and progress in the entries of emerging economies also fuels the sodium benzoate excessively.

Furthermore, the market has been supplemented by pharmaceutical and cosmetics industries as major growth factors. This salt is commonly used in liquid preparations and liquid oral medicaments and syrups, and in topical preparations, to enhance stability of the product and efficacy. In cosmetics, the compound finds its use as a preservative of creams, lotions and even in cleansing products. This has seen it reduced its effects on the environment and conform to international health requirements making it suitable across the markets. It also places sodium benzoate at the center of other product formulations in light of ever-emerging regulatory policies demanding clean preservatives.

Sodium Benzoate (SAP) Market Outlook, 2023 and 2032: Future Outlook

Sodium Benzoate (SAP) Market Trend Analysis

Trend: Rising Demand for Clean Label Preservatives

Since customers are now demanding cleaner labels, this has affected the Sodium Benzoate Industry in a major way. Today’s consumer is so knowledgeable on contents labels of products, he has forced manufacturers to use safer and eco friendly preservatives. As the use of the item offers great effectiveness and has already been approved by the FDA as GRAS that stands for Generally Recognized as Safe, sodium benzoate perfectly matches this demand. Clean-labeling is especially noticeable in the food and beverage market, where clean labeling and natural ingredients are major value drivers. People are being sold sodium benzoate as a good and safe chemical that can be used in preserving their products hence the ever increasing usage of the chemical mostly in the premium products segments.

Driver: Expanding Food and Beverage Industry

The fast-growing food and beverages industries around the world could be attributed to the growth of the Sodium Benzoate market. Decreasing demand for fresh and natural food products with the growing consumption of processed packed food directly increases the demand for preservatives with growing disposable income. This is because the addition of this chemical – sodium benzoate – increases the shelf life of all products while at the same time improving their quality.

Restraint: Health Concerns and Regulatory Challenges

Still, the Sodium Benzoate market faces some problems because of the change of people’s mentality and the increasing legislation. Excessive amounts of sodium benzoate causes negative effects that entail skin allergy, and hyperactivity in children. Also, its propensity to react with ascorbic acid to produce benzene known to be carcinogenic led to regulatory agencies setting a usage ceiling for the chemical.

Opportunity: Growing Demand in Emerging Economies

New economies shows scope for Sodium Benzoate market growth. The factors such as increased pace of urbanization, the increased disposable per capita income and changing life styles in the emerging economy like India, China & Brazil has boosted the demand of convenience food & beverage. It also explains why there is great growth potential for the pharmaceuticals and cosmetics industries within these regions, as they can provide sodium benzoate manufacturers with new markets into which to expand.

Sodium Benzoate (SAP) Market Segment Analysis

Sodium Benzoate (SAP) Market Segmented on the basis of Form, application.

By Form

o   Granule

o   Powder

o   Others

By Application

o   Food & Beverages

o   Cosmetic

o   Pharmaceuticals

o   Others

By Region

o   North America (U.S., Canada, Mexico)

o   Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

o   Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

o   Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)

o   Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

o   South America (Brazil, Argentina, Rest of SA)

By Form, Granule segment is expected to dominate the market during the forecast period

Among the two segments, granule segment seems to have higher potential to dominate the Sodium Benzoate market during the forecast period due to the better handling, storage and dissolution benefits. Coarse particles, particularly granules are valued for production batches, since they are easier to use in large scale production and the quality of the product produced is likely to be consistent. Also, granules provide compatibility with other formulations which makes it preferred mostly by industries.

Food and beverages, condiments, and pet foods: accuracy of dosing with the granule form and even distribution and dispersion of sodium benzoate provide improved product performance. This means manufacturers are dedicating time and resources in enhancement of the technologies used in the making of granules to tap into the ever rising market for quality preservatives. The use of granule form in new markets is therefore a key driver of granule form market percentage share in the overall Sodium Benzoate market.

By Application, Food & Beverages segment expected to held the largest share

Among all the segments, the food and beverage segment likely to dominate the Sodium Benzoate market. This is mainly because the compound has a very important function of showing if the food, drinks, or spices …etc packed in some packets is fresh and safe for human consumption. Sodium benzoate is widely used in the preservation of carbonated beverages, fruit concentrates, jams, and sauces and in medications as preservative.

Furthermore, the growth in utilization of convenience and ready to eat foods in urbanized areas for sodium benzoate. It has been established that manufacturers across the globe are using the preservative’s efficiency in achieving enhanced food safety requirement, and at the same time fulfilling the customer’s demand for higher quality and longer shelf life products. This segment gains strength from the increasing store count of global food chains and processed food manufacturers.

Sodium Benzoate (SAP) Market Regional Insights

Asia Pacific is Expected to Dominate the Market Over the Forecast period

Market analysis of the Sodium Benzoate revealed new that the Asia-Pacific region spearheaded the market growth in 2023 representing approximately 38 % of the global market. This skills is due to rise of food and beverage industries around the globe especially in China, India and Japan. The regional demand for sodium benzoate is set by the growing population what is extending its base in terms of urbanization, alteration of dietary patterns, and the rising consumption of processed and many more packed foods. Moreover, the region has continual exports of pharmaceutical and cosmetics products, which support the region’s market advantage. Further,; the government policies and initiatives on food safety and preservation have a positive impact on the demand for sodium benzoate in the region.

Sodium Benzoate (SAP) Market Share, by Geography, 2023 (%)

Active Key Players in the Sodium Benzoate (SAP) Market

o   A.M. Food Chemical Co., Ltd. (China)

o   AkzoNobel N.V. (Netherlands)

o   Alta Laboratories (India)

o   American International Chemical LLC (USA)

o   Avantor, Inc. (USA)

o   Eastman Chemical Company (USA)

o   Emerald Kalama Chemical (USA)

o   FBC Industries, Inc. (USA)

o   Jarchem Industries Inc. (USA)

o   LANXESS AG (Germany)

o   Merck KGaA (Germany)

o   Newseed Chemical Co., Limited (China)

o   Shandong Tong Tai Wei Run Chemical Co., Ltd. (China)

o   Tianjin Dongda Chemical Group Co., Ltd. (China)

o   Wuhan Youji Industries Co., Ltd. (China)

o   Other key Players

Global Sodium Benzoate (SAP) Market Scope