| Product Code: ETC7424310 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Guyana`s sodium benzoate import market in 2024 continued to be dominated by key suppliers such as the USA, Trinidad and Tobago, and Ukraine. Despite a notably high concentration level indicated by the HHI, the market experienced a significant decline in growth from 2020 to 2024, with a compound annual growth rate of -26.43%. The negative growth trend persisted in 2024, with a steep decline of -84.33% compared to the previous year. This data suggests a challenging landscape for sodium benzoate importers in Guyana, potentially signaling shifts in market dynamics and demand.

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 Guyana Sodium Benzoate Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Sodium Benzoate Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Sodium Benzoate Market - Industry Life Cycle |
3.4 Guyana Sodium Benzoate Market - Porter's Five Forces |
3.5 Guyana Sodium Benzoate Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Guyana Sodium Benzoate Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Guyana Sodium Benzoate Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Guyana Sodium Benzoate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sodium benzoate as a preservative in food and beverage industry |
4.2.2 Growth in the pharmaceutical industry driving the demand for sodium benzoate as an excipient |
4.2.3 Rising awareness about food safety and quality leading to higher consumption of sodium benzoate |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of sodium benzoate |
4.3.2 Stringent regulations and standards governing the use of food additives like sodium benzoate |
4.3.3 Competition from alternative preservatives impacting the market growth |
5 Guyana Sodium Benzoate Market Trends |
6 Guyana Sodium Benzoate Market, By Types |
6.1 Guyana Sodium Benzoate Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Guyana Sodium Benzoate Market Revenues & Volume, By Form, 2021- 2031F |
6.1.3 Guyana Sodium Benzoate Market Revenues & Volume, By Powder, 2021- 2031F |
6.1.4 Guyana Sodium Benzoate Market Revenues & Volume, By Granules, 2021- 2031F |
6.1.5 Guyana Sodium Benzoate Market Revenues & Volume, By Flakes, 2021- 2031F |
6.1.6 Guyana Sodium Benzoate Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Guyana Sodium Benzoate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Guyana Sodium Benzoate Market Revenues & Volume, By Antifungal Agent, 2021- 2031F |
6.2.3 Guyana Sodium Benzoate Market Revenues & Volume, By Antimicrobial Agent, 2021- 2031F |
6.2.4 Guyana Sodium Benzoate Market Revenues & Volume, By Rust and Corrosion Inhibitor, 2021- 2031F |
6.2.5 Guyana Sodium Benzoate Market Revenues & Volume, By Preservative, 2021- 2031F |
6.2.6 Guyana Sodium Benzoate Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Guyana Sodium Benzoate Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Guyana Sodium Benzoate Market Revenues & Volume, By Food & Beverages, 2021- 2031F |
6.3.3 Guyana Sodium Benzoate Market Revenues & Volume, By Cosmetics, 2021- 2031F |
6.3.4 Guyana Sodium Benzoate Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.3.5 Guyana Sodium Benzoate Market Revenues & Volume, By Others, 2021- 2031F |
7 Guyana Sodium Benzoate Market Import-Export Trade Statistics |
7.1 Guyana Sodium Benzoate Market Export to Major Countries |
7.2 Guyana Sodium Benzoate Market Imports from Major Countries |
8 Guyana Sodium Benzoate Market Key Performance Indicators |
8.1 Percentage of new product launches containing sodium benzoate |
8.2 Growth in the number of food and beverage companies using sodium benzoate in their products |
8.3 Number of regulatory approvals for the use of sodium benzoate in different industries |
9 Guyana Sodium Benzoate Market - Opportunity Assessment |
9.1 Guyana Sodium Benzoate Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Guyana Sodium Benzoate Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Guyana Sodium Benzoate Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Guyana Sodium Benzoate Market - Competitive Landscape |
10.1 Guyana Sodium Benzoate Market Revenue Share, By Companies, 2024 |
10.2 Guyana Sodium Benzoate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |