
Benzoates Market by Type (Ammonium Benzoate, Calcium Benzoate, Magnesium Benzoate), End-user (Food & Beverage, Personal Care, Pharmaceuticals) - Global Forecast 2024-2030
Description
Benzoates Market by Type (Ammonium Benzoate, Calcium Benzoate, Magnesium Benzoate), End-user (Food & Beverage, Personal Care, Pharmaceuticals) - Global Forecast 2024-2030
The Benzoates Market size was estimated at USD 2.34 billion in 2023 and expected to reach USD 2.47 billion in 2024, at a CAGR 5.98% to reach USD 3.51 billion by 2030.
Global Benzoates Market
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Benzoates Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Benzoates Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Benzoates Market, highlighting leading vendors and their innovative profiles. These include A.M Food Chemical Co., Limited, Akshar Chemical India Private Limited, Anmol Chemicals, BOCSCI Inc., Central Drug House, DPL-US by Dr. Paul Lohmann GmbH & Co. KGaA, Eastman Chemical Company, FBC Industries, Inc., Foodchem International Corporation, Ganesh Benzoplast Limited, Hemadri Chemicals, Jarchem Innovative Ingredients LLC by Vertellus Holdings LLC, Katyayani Organics, Krishna Chemicals, Lanxess AG, Linuo Group Holdings Co., Ltd., Merck KGaA, Nilkanth Organics, Otto Chemie Pvt. Ltd., Pat Impex, Peptech Biosciences Ltd., Rishi Chemical, Sinofi Ingredients by Shanghai Bichain Industrial Chemical, Spectrum Chemical Mfg. Corp., Spectrum Laboratory Products, Inc., Tengzhou Tenglong Chemical Co., Ltd., The Dow Chemical Company, Vigon International by Azelis Group, VWR International, LLC by Avantor, Inc., and Xena International Inc..
Market Segmentation & Coverage
This research report categorizes the Benzoates Market to forecast the revenues and analyze trends in each of the following sub-markets:
Type
Ammonium Benzoate
Calcium Benzoate
Magnesium Benzoate
Potassium Benzoate
Sodium Benzoate
End-user
Food & Beverage
Personal Care
Pharmaceuticals
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
1. What is the market size and forecast of the Benzoates Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Benzoates Market?
3. What are the technology trends and regulatory frameworks in the Benzoates Market?
4. What is the market share of the leading vendors in the Benzoates Market?
5. Which modes and strategic moves are suitable for entering the Benzoates Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
180 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Benzoates Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Increasing benzoate adoption in processed food and beverage for preservation
- 5.1.1.2. Rising use of benzoate in the pharmaceutical industry
- 5.1.1.3. High potential across various industrial applications, including coatings and paints
- 5.1.2. Restraints
- 5.1.2.1. Certain health concerns associated with benzoates
- 5.1.3. Opportunities
- 5.1.3.1. Advancements in formulation and delivery systems to enhance the performance and effectiveness of benzoates
- 5.1.3.2. High potential across personal care and cosmetics products
- 5.1.4. Challenges
- 5.1.4.1. Increasing usage of natural preservatives in food and beverage industry
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Benzoates Market, by Type
- 6.1. Introduction
- 6.2. Ammonium Benzoate
- 6.3. Calcium Benzoate
- 6.4. Magnesium Benzoate
- 6.5. Potassium Benzoate
- 6.6. Sodium Benzoate
- 7. Benzoates Market, by End-user
- 7.1. Introduction
- 7.2. Food & Beverage
- 7.3. Personal Care
- 7.4. Pharmaceuticals
- 8. Americas Benzoates Market
- 8.1. Introduction
- 8.2. Argentina
- 8.3. Brazil
- 8.4. Canada
- 8.5. Mexico
- 8.6. United States
- 9. Asia-Pacific Benzoates Market
- 9.1. Introduction
- 9.2. Australia
- 9.3. China
- 9.4. India
- 9.5. Indonesia
- 9.6. Japan
- 9.7. Malaysia
- 9.8. Philippines
- 9.9. Singapore
- 9.10. South Korea
- 9.11. Taiwan
- 9.12. Thailand
- 9.13. Vietnam
- 10. Europe, Middle East & Africa Benzoates Market
- 10.1. Introduction
- 10.2. Denmark
- 10.3. Egypt
- 10.4. Finland
- 10.5. France
- 10.6. Germany
- 10.7. Israel
- 10.8. Italy
- 10.9. Netherlands
- 10.10. Nigeria
- 10.11. Norway
- 10.12. Poland
- 10.13. Qatar
- 10.14. Russia
- 10.15. Saudi Arabia
- 10.16. South Africa
- 10.17. Spain
- 10.18. Sweden
- 10.19. Switzerland
- 10.20. Turkey
- 10.21. United Arab Emirates
- 10.22. United Kingdom
- 11. Competitive Landscape
- 11.1. FPNV Positioning Matrix
- 11.2. Market Share Analysis, By Key Player
- 11.3. Competitive Scenario Analysis, By Key Player
- 12. Competitive Portfolio
- 12.1. Key Company Profiles
- 12.1.1. A.M Food Chemical Co., Limited
- 12.1.2. Akshar Chemical India Private Limited
- 12.1.3. Anmol Chemicals
- 12.1.4. BOCSCI Inc.
- 12.1.5. Central Drug House
- 12.1.6. DPL-US by Dr. Paul Lohmann GmbH & Co. KGaA
- 12.1.7. Eastman Chemical Company
- 12.1.8. FBC Industries, Inc.
- 12.1.9. Foodchem International Corporation
- 12.1.10. Ganesh Benzoplast Limited
- 12.1.11. Hemadri Chemicals
- 12.1.12. Jarchem Innovative Ingredients LLC by Vertellus Holdings LLC
- 12.1.13. Katyayani Organics
- 12.1.14. Krishna Chemicals
- 12.1.15. Lanxess AG
- 12.1.16. Linuo Group Holdings Co., Ltd.
- 12.1.17. Merck KGaA
- 12.1.18. Nilkanth Organics
- 12.1.19. Otto Chemie Pvt. Ltd.
- 12.1.20. Pat Impex
- 12.1.21. Peptech Biosciences Ltd.
- 12.1.22. Rishi Chemical
- 12.1.23. Sinofi Ingredients by Shanghai Bichain Industrial Chemical
- 12.1.24. Spectrum Chemical Mfg. Corp.
- 12.1.25. Spectrum Laboratory Products, Inc.
- 12.1.26. Tengzhou Tenglong Chemical Co., Ltd.
- 12.1.27. The Dow Chemical Company
- 12.1.28. Vigon International by Azelis Group
- 12.1.29. VWR International, LLC by Avantor, Inc.
- 12.1.30. Xena International Inc.
- 12.2. Key Product Portfolio
- 13. Appendix
- 13.1. Discussion Guide
- 13.2. License & Pricing
- FIGURE 1. BENZOATES MARKET RESEARCH PROCESS
- FIGURE 2. BENZOATES MARKET SIZE, 2023 VS 2030
- FIGURE 3. BENZOATES MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. BENZOATES MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. BENZOATES MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. BENZOATES MARKET DYNAMICS
- FIGURE 7. BENZOATES MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
- FIGURE 8. BENZOATES MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. BENZOATES MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
- FIGURE 10. BENZOATES MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. AMERICAS BENZOATES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 12. AMERICAS BENZOATES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. UNITED STATES BENZOATES MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 14. UNITED STATES BENZOATES MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. ASIA-PACIFIC BENZOATES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 16. ASIA-PACIFIC BENZOATES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. EUROPE, MIDDLE EAST & AFRICA BENZOATES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 18. EUROPE, MIDDLE EAST & AFRICA BENZOATES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. BENZOATES MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 20. BENZOATES MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
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