South America Sodium Benzoate Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Application (Food and Beverages, Pharmaceuticals, Cosmetics, Agriculture, and Others)
The sodium benzoate market in SAM is expected to grow from US$ 2,377.91 thousand in 2021 to US$ 2,817.76 thousand by 2028; it is estimated to register a CAGR of 2.5% from 2021 to 2028.
The sodium benzoate market in SAM is expected to grow from US$ 2,377.91 thousand in 2021 to US$ 2,817.76 thousand by 2028; it is estimated to register a CAGR of 2.5% from 2021 to 2028. The changing economic conditions in SAM due to the growth of the food & beverage industry provide significant growth prospects for the sodium benzoate market. The growth of the agriculture industry is also driving the market growth. SAM is widely known for its food & beverages, agricultural, and industrial growth. Sodium benzoate is used as a preservative in the food & beverage and agriculture industries. The sodium benzoate market is projected to witness high growth due to its use in end-use industries such as food & beverages, pharmaceuticals, agriculture, and personal care & cosmetics.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the SAM sodium benzoate market at a notable CAGR during the forecast period.
SAM Sodium Benzoate Market Revenue and Forecast to 2028 (US$ Thousand)
SAM Sodium Benzoate Market Segmentation
The SAM sodium benzoate market is segmented into application and country. Based on application, the SAM sodium benzoate market is segmented into food and beverages, pharmaceuticals, cosmetics, agriculture, and others. In 2021, the food and beverages segment accounted for the largest revenue share. Based on country, the SAM sodium benzoate market is segmented into Brazil, Argentina, and the Rest of SAM. Further, Brazil held the largest market share in 2021.
A.M FOOD CHEMICAL CO., LIMITED; Akema S.r.l.; Eastman Chemical Company; Jarchem Innovative Ingredients LLC; LANXESS; MERCK KGaA; and Zancheng Life Sciences Ltd. are among the leading companies operating in the sodium benzoate market in South America.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis Formulation
3.2.4 Macro-economic Factor Analysis
3.2.5 Developing Base Number
3.2.6 Data Triangulation
3.2.7 Country Level Data
4. SAM Sodium Benzoate Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers:
4.2.2 Bargaining Power of Buyers:
4.2.3 Threat of New Entrants:
4.2.4 Competitive Rivalry:
4.2.5 Threat of Substitutes:
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. SAM Sodium Benzoate Market — Key Market Dynamics
5.1 Market Drivers
5.1.1 Food & Beverages Industry Raising the Demand for Sodium Benzoate
5.1.2 Various End-Use Industries at High Need of for Sodium Benzoate
5.2 Market Restraints
5.2.1 Various Safety Concerns Regarding Sodium Benzoate
5.3 Market Opportunities
5.3.1 SAM Region Witnessing Growth in Cosmetics & Personal Care Sector
5.4 Future Trends
5.4.1 Rising Popularity of Consuming Packaged Food and Beverages
5.5 Impact Analysis of Drivers and Restraints
6. Sodium Benzoate Market – SAM Analysis
6.1 SAM Sodium Benzoate Market Overview
6.2 SAM Sodium Benzoate Market –Revenue and Forecast to 2028
7. SAM Sodium Benzoate Market Analysis – By Application
7.1 Overview
7.2 SAM Sodium Benzoate Market Breakdown, by Application, 2020 and 2028
7.3 Food and Beverage
7.3.1 Overview
7.3.2 Food and Beverage: SAM Sodium Benzoate Market – Revenue and Forecast to 2028 (US$ Thousand)
7.3.3 Food and Beverage: SAM Sodium Benzoate Market –Volume and Forecast to 2028 (Tons)
7.4 Pharmaceuticals
7.4.1 Overview
7.4.2 Pharmaceuticals: SAM Sodium Benzoate Market – Revenue and Forecast to 2028 (US$ Thousand)
7.4.3 Pharmaceuticals: SAM Sodium Benzoate Market –Volume and Forecast to 2028 (Tons)
7.5 Cosmetics
7.5.1 Overview
7.5.2 Cosmetics: Sodium Benzoate Market – Revenue and Forecast to 2028 (US$ Thousand)
7.5.3 Cosmetics: Sodium Benzoate Market –Volume and Forecast to 2028 (Tons)
7.6 Agriculture
7.6.1 Overview
7.6.2 Agriculture: SAM Sodium Benzoate Market – Revenue and Forecast to 2028 (US$ Thousand)
7.6.3 Agriculture: SAM Sodium Benzoate Market –Volume and Forecast to 2028 (Tons)
7.7 Others
7.7.1 Overview
7.7.2 Others: SAM Sodium Benzoate Market – Revenue and Forecast to 2028 (US$ Thousand)
7.7.3 Others: SAM Sodium Benzoate Market –Volume and Forecast to 2028 (Tons)
8. SAM Sodium Benzoate Market – Country Analysis
8.1 Overview
8.1.1 SAM: Sodium Benzoate Market, by Key Country
8.1.1.1 Brazil: Sodium Benzoate Market–Analysis and Forecast to 2028 (US$ Thousand)
8.1.1.1.1 Brazil: Sodium Benzoate Market, by Application
8.1.1.2 Argentina: Sodium Benzoate Market–Analysis and Forecast to 2028 (US$ Thousand)
8.1.1.2.1 Argentina: Sodium Benzoate Market, by Application
8.1.1.3 Rest of SAM: Sodium Benzoate Market–Revenue and Forecast to 2028 (US$ Thousand)
8.1.1.3.1 Rest of SAM: Sodium Benzoate Market, by Application
9. Industry Landscape
9.1 Overview
9.2 Market Initiative
9.3 New Product Development
9.4 Merger and Acquisition
10. Company Profiles
10.1 Eastman Chemical Company
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Products and Services
10.1.4 Financial Overview
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 A.M FOOD CHEMICAL CO., LIMITED
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Products and Services
10.2.4 Financial Overview
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 Jarchem Innovative Ingredients LLC
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Products and Services
10.3.4 Financial Overview
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 LANXESS
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Products and Services
10.4.4 Financial Overview
10.4.5 SWOT Analysis
10.4.6 Key Developments
10.5 MERCK KGaA
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Products and Services
10.5.4 Financial Overview
10.5.5 SWOT Analysis
10.5.6 Key Developments
10.6 Akema S.R.L.
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Products and Services
10.6.4 Financial Overview
10.6.5 SWOT Analysis
10.6.6 Key Developments
10.7 Zancheng Life Sciences Ltd.
10.7.1 Key Facts
10.7.2 Business Description
10.7.3 Products and Services
10.7.4 Financial Overview
10.7.5 SWOT Analysis
10.7.6 Key Developments
11. Appendix
11.1 About The Insight Partners
11.2 Glossary of Terms
LIST OF TABLES
Table 1. SAM Sodium Benzoate Market –Revenue and Forecast to 2028 (US$ Thousand)
Table 2. SAM Sodium Benzoate Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 3. SAM Sodium Benzoate Market, by Application – Volume and Forecast to 2028 (Tons)
Table 4. Brazil: Sodium Benzoate Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 5. Brazil: Sodium Benzoate Market, by Application – Volume and Forecast to 2028 (Tons)
Table 6. Argentina: Sodium Benzoate Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 7. Argentina: Sodium Benzoate Market, by Application – Volume and Forecast to 2028 (Tons)
Table 8. Rest of SAM Sodium Benzoate Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 9. Rest of SAM Sodium Benzoate Market, by Application – Volume and Forecast to 2028 (Tons)
Table 10. Glossary of Terms, SAM Sodium Benzoate Market
LIST OF FIGURES
Figure 1. SAM Sodium Benzoate Market Segmentation
Figure 2. SAM Sodium Benzoate Market Segmentation – By Country
Figure 3. SAM Sodium Benzoate Market Overview
Figure 4. SAM Sodium Benzoate Market, By Application
Figure 5. SAM Sodium Benzoate Market, By Country
Figure 6. Porter's Five Forces Analysis
Figure 7. Ecosystem Chain: Sodium Benzoate Market
Figure 8. Expert Opinion
Figure 9. SAM Sodium Benzoate Market Impact Analysis of Drivers and Restraints
Figure 10. SAM: Sodium Benzoate Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 11. SAM Sodium Benzoate Market Breakdown, by Application, 2020 and 2028
Figure 12. SAM Food and Beverage: SAM Sodium Benzoate Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 13. SAM Food and Beverage: SAM Sodium Benzoate Market –Volume and Forecast to 2028 (Tons)
Figure 14. SAM Pharmaceuticals: SAM Sodium Benzoate Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 15. SAM Pharmaceuticals: SAM Sodium Benzoate Market –Volume and Forecast to 2028 (Tons)
Figure 16. SAM Cosmetics: SAM Sodium Benzoate Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 17. SAM Cosmetics: SAM Sodium Benzoate Market –Volume and Forecast to 2028 (Tons)
Figure 18. SAM Agriculture: SAM Sodium Benzoate Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 19. SAM Agriculture: SAM Sodium Benzoate Market –Volume and Forecast to 2028 (Tons)
Figure 20. SAM Others: SAM Sodium Benzoate Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 21. SAM Others: SAM Sodium Benzoate Market –Volume and Forecast to 2028 (Tons)
Figure 22. SAM: Sodium Benzoate Market – Revenue (2020) (US$ Thousand)
Figure 23. SAM: Sodium Benzoate Market Revenue Share, by Key Country (2020 and 2028)
Figure 24. Brazil: Sodium Benzoate Market–Revenue and Forecast to 2028 (US$ Thousand)
Figure 25. Brazil: Sodium Benzoate Market–Volume and Forecast to 2028 (Tons)
Figure 26. Argentina: Sodium Benzoate Market–Revenue and Forecast to 2028 (US$ Thousand)
Figure 27. Argentina: Sodium Benzoate Market–Volume and Forecast to 2028 (Tons)
Figure 28. Rest of SAM: Sodium Benzoate Market–Revenue and Forecast to 2028 (US$ Thousand)
Figure 29. Rest of SAM: Sodium Benzoate Market–Volume and Forecast to 2028 (Tons)
- A.M FOOD CHEMICAL CO., LIMITED
- Akema S.r.l.
- Eastman Chemical Company
- Jarchem Innovative Ingredients LLC
- LANXESS
- MERCK KGaA
- Zancheng Life Sciences Ltd.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the SAM sodium benzoate market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the SAM sodium benzoate market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the sodium benzoate market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution