Product Code: ETC13367117 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Sodium Benzoate Excipient Market was valued at USD 0.82 Billion in 2024 and is expected to reach USD 1.2 Billion by 2031, growing at a compound annual growth rate of 7.10% during the forecast period (2025-2031).
The Global Sodium Benzoate Excipient Market is experiencing steady growth driven by its widespread usage in various industries such as pharmaceuticals, food and beverages, and personal care products. Sodium benzoate is primarily used as a preservative due to its ability to inhibit the growth of bacteria and fungi, extending the shelf life of products. In the pharmaceutical industry, it is used as an excipient in oral medications and topical formulations. The increasing demand for processed and packaged foods, coupled with the growing pharmaceutical industry, is fueling the market growth. Additionally, the rising consumer awareness regarding the importance of food safety and quality is further boosting the adoption of sodium benzoate as a key excipient. The market is characterized by key players focusing on product innovations and expanding their global presence through strategic partnerships and acquisitions.
The Global Sodium Benzoate Excipient Market is experiencing a growth trend driven by the increasing demand for preservatives in the food and beverage industry. Sodium benzoate is widely used as a preservative due to its effectiveness in preventing microbial growth and extending the shelf life of products. Additionally, the pharmaceutical industry is also driving growth as sodium benzoate is utilized as an excipient in various medications. Opportunities in the market include the rising awareness about food safety and the growing demand for natural preservatives, leading to the development of sodium benzoate alternatives. The market is also witnessing innovation in product formulations and packaging to cater to evolving consumer preferences. Overall, the Global Sodium Benzoate Excipient Market is poised for continued growth and expansion in the coming years.
In the Global Sodium Benzoate Excipient Market, challenges primarily revolve around regulatory restrictions, increasing competition, and fluctuating raw material prices. Regulatory constraints related to product safety and usage limits can impact market growth and product availability. The market is also highly competitive, with numerous players offering similar products, leading to price wars and margin pressures. Additionally, the volatility in raw material prices, such as benzene and toluene, can disrupt supply chains and affect overall profitability. Adapting to changing regulations, maintaining competitive pricing strategies, and managing raw material costs are key challenges faced by companies operating in the Global Sodium Benzoate Excipient Market.
The Global Sodium Benzoate Excipient Market is primarily driven by the growing demand for food and beverage products worldwide, as sodium benzoate is widely used as a preservative in these industries. Additionally, the pharmaceutical sector is also a key driver as sodium benzoate is utilized as an excipient in various drug formulations for its antimicrobial properties. The increasing focus on clean label and natural ingredients in consumer products is further propelling the demand for sodium benzoate as it is considered a safe and effective preservative. Moreover, the expanding pharmaceutical industry and the rising prevalence of chronic diseases are expected to drive the growth of the sodium benzoate excipient market in the coming years.
Government policies related to the Global Sodium Benzoate Excipient Market vary by country but generally focus on regulating the use of sodium benzoate in food and pharmaceutical products to ensure consumer safety. Regulatory bodies such as the FDA in the United States and the European Food Safety Authority in the EU have established maximum allowable limits for sodium benzoate in various products. These regulations often require manufacturers to adhere to strict labeling requirements and conduct safety assessments before using sodium benzoate as an excipient. Additionally, some countries have banned or restricted the use of sodium benzoate in certain products due to health concerns. Overall, government policies aim to strike a balance between ensuring product safety and allowing for the continued use of sodium benzoate as a common excipient in the pharmaceutical and food industries.
The Global Sodium Benzoate Excipient Market is projected to witness steady growth in the coming years, driven by the increasing demand for food preservatives and pharmaceutical excipients. The market is expected to benefit from the rising awareness regarding food safety and the growing pharmaceutical industry, particularly in emerging economies. Additionally, the expanding application of sodium benzoate in personal care products and industrial applications is anticipated to contribute to market growth. With advancements in manufacturing processes and a focus on developing sustainable and eco-friendly excipients, the sodium benzoate market is likely to experience further expansion. However, regulatory challenges and concerns regarding the toxicity of sodium benzoate may pose some restraints to market growth in the future.
The global sodium benzoate excipient market shows varying trends across different regions. In Asia, the market is witnessing significant growth due to the increasing demand for pharmaceuticals and food products. North America has a mature market with steady growth supported by the well-established pharmaceutical and food industries. In Europe, strict regulations regarding excipients drive the demand for high-quality sodium benzoate excipients. The Middle East and Africa region is experiencing a growing demand for sodium benzoate excipients, particularly in the pharmaceutical sector. Latin America is also showing promising growth opportunities in the sodium benzoate excipient market, driven by the expanding pharmaceutical and food industries in the region. Overall, the global sodium benzoate excipient market is poised for continuous growth across these diverse regional markets.
Global Sodium Benzoate Excipient Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Sodium Benzoate Excipient Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Sodium Benzoate Excipient Market Revenues & Volume, 2021 & 2031F |
3.3 Global Sodium Benzoate Excipient Market - Industry Life Cycle |
3.4 Global Sodium Benzoate Excipient Market - Porter's Five Forces |
3.5 Global Sodium Benzoate Excipient Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Sodium Benzoate Excipient Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Global Sodium Benzoate Excipient Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.8 Global Sodium Benzoate Excipient Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Global Sodium Benzoate Excipient Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
3.10 Global Sodium Benzoate Excipient Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Global Sodium Benzoate Excipient Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Sodium Benzoate Excipient Market Trends |
6 Global Sodium Benzoate Excipient Market, 2021 - 2031 |
6.1 Global Sodium Benzoate Excipient Market, Revenues & Volume, By Form, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Sodium Benzoate Excipient Market, Revenues & Volume, By Powder, 2021 - 2031 |
6.1.3 Global Sodium Benzoate Excipient Market, Revenues & Volume, By Granules, 2021 - 2031 |
6.1.4 Global Sodium Benzoate Excipient Market, Revenues & Volume, By Liquid, 2021 - 2031 |
6.1.5 Global Sodium Benzoate Excipient Market, Revenues & Volume, By Crystalline, 2021 - 2031 |
6.2 Global Sodium Benzoate Excipient Market, Revenues & Volume, By Grade, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Sodium Benzoate Excipient Market, Revenues & Volume, By Food Grade, 2021 - 2031 |
6.2.3 Global Sodium Benzoate Excipient Market, Revenues & Volume, By Pharmaceutical Grade, 2021 - 2031 |
6.2.4 Global Sodium Benzoate Excipient Market, Revenues & Volume, By Technical Grade, 2021 - 2031 |
6.2.5 Global Sodium Benzoate Excipient Market, Revenues & Volume, By Industrial Grade, 2021 - 2031 |
6.3 Global Sodium Benzoate Excipient Market, Revenues & Volume, By Application, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Sodium Benzoate Excipient Market, Revenues & Volume, By Preservatives, 2021 - 2031 |
6.3.3 Global Sodium Benzoate Excipient Market, Revenues & Volume, By Tablet Coatings, 2021 - 2031 |
6.3.4 Global Sodium Benzoate Excipient Market, Revenues & Volume, By Cosmetic Formulations, 2021 - 2031 |
6.3.5 Global Sodium Benzoate Excipient Market, Revenues & Volume, By Industrial Applications, 2021 - 2031 |
6.4 Global Sodium Benzoate Excipient Market, Revenues & Volume, By Manufacturing Process, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Sodium Benzoate Excipient Market, Revenues & Volume, By Benzoic Acid Neutralization, 2021 - 2031 |
6.4.3 Global Sodium Benzoate Excipient Market, Revenues & Volume, By Solvent-Based, 2021 - 2031 |
6.4.4 Global Sodium Benzoate Excipient Market, Revenues & Volume, By Chemical Synthesis, 2021 - 2031 |
6.4.5 Global Sodium Benzoate Excipient Market, Revenues & Volume, By Electrolytic Reaction, 2021 - 2031 |
6.5 Global Sodium Benzoate Excipient Market, Revenues & Volume, By End User, 2021 - 2031 |
6.5.1 Overview & Analysis |
6.5.2 Global Sodium Benzoate Excipient Market, Revenues & Volume, By Food & Beverages, 2021 - 2031 |
6.5.3 Global Sodium Benzoate Excipient Market, Revenues & Volume, By Pharmaceuticals, 2021 - 2031 |
6.5.4 Global Sodium Benzoate Excipient Market, Revenues & Volume, By Personal Care, 2021 - 2031 |
6.5.5 Global Sodium Benzoate Excipient Market, Revenues & Volume, By Chemical Processing, 2021 - 2031 |
7 North America Sodium Benzoate Excipient Market, Overview & Analysis |
7.1 North America Sodium Benzoate Excipient Market Revenues & Volume, 2021 - 2031 |
7.2 North America Sodium Benzoate Excipient Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Sodium Benzoate Excipient Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Sodium Benzoate Excipient Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Sodium Benzoate Excipient Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Sodium Benzoate Excipient Market, Revenues & Volume, By Form, 2021 - 2031 |
7.4 North America Sodium Benzoate Excipient Market, Revenues & Volume, By Grade, 2021 - 2031 |
7.5 North America Sodium Benzoate Excipient Market, Revenues & Volume, By Application, 2021 - 2031 |
7.6 North America Sodium Benzoate Excipient Market, Revenues & Volume, By Manufacturing Process, 2021 - 2031 |
7.7 North America Sodium Benzoate Excipient Market, Revenues & Volume, By End User, 2021 - 2031 |
8 Latin America (LATAM) Sodium Benzoate Excipient Market, Overview & Analysis |
8.1 Latin America (LATAM) Sodium Benzoate Excipient Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Sodium Benzoate Excipient Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Sodium Benzoate Excipient Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Sodium Benzoate Excipient Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Sodium Benzoate Excipient Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Sodium Benzoate Excipient Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Sodium Benzoate Excipient Market, Revenues & Volume, By Form, 2021 - 2031 |
8.4 Latin America (LATAM) Sodium Benzoate Excipient Market, Revenues & Volume, By Grade, 2021 - 2031 |
8.5 Latin America (LATAM) Sodium Benzoate Excipient Market, Revenues & Volume, By Application, 2021 - 2031 |
8.6 Latin America (LATAM) Sodium Benzoate Excipient Market, Revenues & Volume, By Manufacturing Process, 2021 - 2031 |
8.7 Latin America (LATAM) Sodium Benzoate Excipient Market, Revenues & Volume, By End User, 2021 - 2031 |
9 Asia Sodium Benzoate Excipient Market, Overview & Analysis |
9.1 Asia Sodium Benzoate Excipient Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Sodium Benzoate Excipient Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Sodium Benzoate Excipient Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Sodium Benzoate Excipient Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Sodium Benzoate Excipient Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Sodium Benzoate Excipient Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Sodium Benzoate Excipient Market, Revenues & Volume, By Form, 2021 - 2031 |
9.4 Asia Sodium Benzoate Excipient Market, Revenues & Volume, By Grade, 2021 - 2031 |
9.5 Asia Sodium Benzoate Excipient Market, Revenues & Volume, By Application, 2021 - 2031 |
9.6 Asia Sodium Benzoate Excipient Market, Revenues & Volume, By Manufacturing Process, 2021 - 2031 |
9.7 Asia Sodium Benzoate Excipient Market, Revenues & Volume, By End User, 2021 - 2031 |
10 Africa Sodium Benzoate Excipient Market, Overview & Analysis |
10.1 Africa Sodium Benzoate Excipient Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Sodium Benzoate Excipient Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Sodium Benzoate Excipient Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Sodium Benzoate Excipient Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Sodium Benzoate Excipient Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Sodium Benzoate Excipient Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Sodium Benzoate Excipient Market, Revenues & Volume, By Form, 2021 - 2031 |
10.4 Africa Sodium Benzoate Excipient Market, Revenues & Volume, By Grade, 2021 - 2031 |
10.5 Africa Sodium Benzoate Excipient Market, Revenues & Volume, By Application, 2021 - 2031 |
10.6 Africa Sodium Benzoate Excipient Market, Revenues & Volume, By Manufacturing Process, 2021 - 2031 |
10.7 Africa Sodium Benzoate Excipient Market, Revenues & Volume, By End User, 2021 - 2031 |
11 Europe Sodium Benzoate Excipient Market, Overview & Analysis |
11.1 Europe Sodium Benzoate Excipient Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Sodium Benzoate Excipient Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Sodium Benzoate Excipient Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Sodium Benzoate Excipient Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Sodium Benzoate Excipient Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Sodium Benzoate Excipient Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Sodium Benzoate Excipient Market, Revenues & Volume, By Form, 2021 - 2031 |
11.4 Europe Sodium Benzoate Excipient Market, Revenues & Volume, By Grade, 2021 - 2031 |
11.5 Europe Sodium Benzoate Excipient Market, Revenues & Volume, By Application, 2021 - 2031 |
11.6 Europe Sodium Benzoate Excipient Market, Revenues & Volume, By Manufacturing Process, 2021 - 2031 |
11.7 Europe Sodium Benzoate Excipient Market, Revenues & Volume, By End User, 2021 - 2031 |
12 Middle East Sodium Benzoate Excipient Market, Overview & Analysis |
12.1 Middle East Sodium Benzoate Excipient Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Sodium Benzoate Excipient Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Sodium Benzoate Excipient Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Sodium Benzoate Excipient Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Sodium Benzoate Excipient Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Sodium Benzoate Excipient Market, Revenues & Volume, By Form, 2021 - 2031 |
12.4 Middle East Sodium Benzoate Excipient Market, Revenues & Volume, By Grade, 2021 - 2031 |
12.5 Middle East Sodium Benzoate Excipient Market, Revenues & Volume, By Application, 2021 - 2031 |
12.6 Middle East Sodium Benzoate Excipient Market, Revenues & Volume, By Manufacturing Process, 2021 - 2031 |
12.7 Middle East Sodium Benzoate Excipient Market, Revenues & Volume, By End User, 2021 - 2031 |
13 Global Sodium Benzoate Excipient Market Key Performance Indicators |
14 Global Sodium Benzoate Excipient Market - Export/Import By Countries Assessment |
15 Global Sodium Benzoate Excipient Market - Opportunity Assessment |
15.1 Global Sodium Benzoate Excipient Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Sodium Benzoate Excipient Market Opportunity Assessment, By Form, 2021 & 2031F |
15.3 Global Sodium Benzoate Excipient Market Opportunity Assessment, By Grade, 2021 & 2031F |
15.4 Global Sodium Benzoate Excipient Market Opportunity Assessment, By Application, 2021 & 2031F |
15.5 Global Sodium Benzoate Excipient Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
15.6 Global Sodium Benzoate Excipient Market Opportunity Assessment, By End User, 2021 & 2031F |
16 Global Sodium Benzoate Excipient Market - Competitive Landscape |
16.1 Global Sodium Benzoate Excipient Market Revenue Share, By Companies, 2024 |
16.2 Global Sodium Benzoate Excipient Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |