| Product Code: ETC4705638 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The import trend for benzoic acid in the Serbian market showed a steady increase from 2018 to 2020, with a notable surge in demand in 2019. This growth was primarily driven by the pharmaceutical and food industries in the country.
By 2027, Serbia's Benzoic Acid market is forecasted to achieve a stable growth rate of 0.14%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

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 Serbia Benzoic Acid Market Overview |
3.1 Serbia Country Macro Economic Indicators |
3.2 Serbia Benzoic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Serbia Benzoic Acid Market - Industry Life Cycle |
3.4 Serbia Benzoic Acid Market - Porter's Five Forces |
3.5 Serbia Benzoic Acid Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
3.6 Serbia Benzoic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Serbia Benzoic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for benzoic acid in various industries such as food and beverage, pharmaceuticals, and personal care. |
4.2.2 Increasing adoption of benzoic acid as a preservative and flavoring agent in food and beverage products. |
4.2.3 Rise in research and development activities for the development of innovative applications of benzoic acid in different industries. |
4.3 Market Restraints |
4.3.1 Stringent regulatory requirements and standards related to the usage of benzoic acid in consumer products. |
4.3.2 Fluctuating prices of raw materials used in the production of benzoic acid. |
4.3.3 Competition from alternative preservatives and chemicals in the market. |
5 Serbia Benzoic Acid Market Trends |
6 Serbia Benzoic Acid Market Segmentations |
6.1 Serbia Benzoic Acid Market, By End-use Industry |
6.1.1 Overview and Analysis |
6.1.2 Serbia Benzoic Acid Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.1.3 Serbia Benzoic Acid Market Revenues & Volume, By Chemical, 2021-2031F |
6.1.4 Serbia Benzoic Acid Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2 Serbia Benzoic Acid Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Serbia Benzoic Acid Market Revenues & Volume, By Benzoates, 2021-2031F |
6.2.3 Serbia Benzoic Acid Market Revenues & Volume, By Benzoate plasticizers, 2021-2031F |
6.2.4 Serbia Benzoic Acid Market Revenues & Volume, By Benzoyl Chloride, 2021-2031F |
6.2.5 Serbia Benzoic Acid Market Revenues & Volume, By Alkyd Resins, 2021-2031F |
6.2.6 Serbia Benzoic Acid Market Revenues & Volume, By Animal Feed Additive, 2021-2031F |
7 Serbia Benzoic Acid Market Import-Export Trade Statistics |
7.1 Serbia Benzoic Acid Market Export to Major Countries |
7.2 Serbia Benzoic Acid Market Imports from Major Countries |
8 Serbia Benzoic Acid Market Key Performance Indicators |
8.1 Research and development investment in new applications of benzoic acid. |
8.2 Percentage of market penetration in key industries (food and beverage, pharmaceuticals, personal care). |
8.3 Number of regulatory approvals for benzoic acid applications in various products. |
9 Serbia Benzoic Acid Market - Opportunity Assessment |
9.1 Serbia Benzoic Acid Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
9.2 Serbia Benzoic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Serbia Benzoic Acid Market - Competitive Landscape |
10.1 Serbia Benzoic Acid Market Revenue Share, By Companies, 2024 |
10.2 Serbia Benzoic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |