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Global Potassium Benzoate Market Size,Trends, Growth Forecast to 2031

Category : Chemicals & Materials | Report Code : 1776 | Pages : 141 | Oct 2024

Report Overview

Potassium benzoate (E212), Cas 582-25-2, the potassium salt of benzoic acid, is a food preservative that inhibits the growth of mold, yeast and some bacteria. It works best in low-pH products, below 4.5, where it exists as benzoic acid. Acidic-foods and beverages such as fruit juice (citric acid), sparkling drinks (carbonic acid), soft drinks (phosphoric acid), and pickles (vinegar) may be preserved with potassium benzoate.

The global Potassium Benzoate market size is projected to grow from US$ 29.2 million in 2024 to US$ 40.9 million in 2030; it is expected to grow at a CAGR of 5.8% from 2024 to 2030.

Analytic Insights Hub' newest research report, the “Potassium Benzoate Industry Forecast” looks at past sales and reviews total world Potassium Benzoate sales in 2023, providing a comprehensive analysis by region and market sector of projected Potassium Benzoate sales for 2024 through 2030. With Potassium Benzoate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Potassium Benzoate industry.

This Insight Report provides a comprehensive analysis of the global Potassium Benzoate landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Potassium Benzoate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Potassium Benzoate market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Potassium Benzoate and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Potassium Benzoate.

The global potassium benzoate (Cas 582-25-2) market is dominated by North America, with a market share of about 48%, and Europe is the second largest market in the region. The main manufacturers are Emerald Kalama Chemical, Tengzhou Tenglong Chemical and T A.M Food Chemical, and the top three account for more than 65% of the global market. In terms of consumption, North America is the largest consumer, and the second is the European market.

It is expected that food-grade potassium benzoate will continue to maintain an absolute dominant position for a long time to come. In terms of application, food and beverage applications are the largest application market for potassium benzoate.

As an effective food preservative, potassium benzoate is widely used in various foods and beverages to extend the shelf life and meet consumers' demand for safety and freshness. With the development of the global economy, the demand for consumer goods has risen, especially in emerging market countries, which has driven the demand for potassium benzoate.

This report presents a comprehensive overview, market shares, and growth opportunities of Potassium Benzoate market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
    Food Grade Potassium Benzoate
    Pharmaceutical Grade Potassium Benzoate

Segmentation by Application:
    Food & Beverages
    Personal Care
    Pharmaceutical
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
    Emerald Kalama Chemical
    Tengzhou Tenglong Chemical
    A.M Food Chemical
    Tengzhou Aolong Chemical
    Macco Organiques Inc.
    FBC Industries
    Shandong Tong Tai Wei Run Chemical
    Shandong Tengbao Biotechnology

Key Questions Addressed in this Report
What is the 10-year outlook for the global Potassium Benzoate market?
What factors are driving Potassium Benzoate market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Potassium Benzoate market opportunities vary by end market size?
How does Potassium Benzoate break out by Type, by Application?

Frequently Asked Questions?

Ans - The purpose of a Potassium Benzoate market research report is to provide data-driven insights and analysis on a Potassium Benzoate market. It helps businesses understand industry trends, competition, consumer behavior, market size, growth potential, and risks, supporting strategic decision-making.

Ans - Market research reports typically include both quantitative (market size, revenue, growth rates) and qualitative (trends, consumer preferences, competitive analysis) data. It often includes industry statistics, surveys, expert opinions, historical data, and future forecasts.

Ans - The forecast period typically for Potassium Benzoate market report spans the next 5 to 10 years. It includes projected market trends, growth opportunities, and potential challenges.

Ans - Yes, Analytic Insights Hub customization services, allowing businesses to focus on specific geographies, sectors, or market segments that are relevant to them.

Ans - The report highlights major trends such as technological innovations, consumer behavior shifts, regulatory changes, or emerging markets that may impact the industry?s growth.