PUBLISHER: TechSci Research | PRODUCT CODE: 1728301
PUBLISHER: TechSci Research | PRODUCT CODE: 1728301
Sodium Benzoate Excipient Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Sales Channel, By End Use, By Region and Competition, 2020-2030F
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The Global Sodium Benzoate Excipient Market was valued at USD 116.15 million in 2024 and is projected to reach USD 169.13 million by 2030, growing at a CAGR of 5.29% during the forecast period. Sodium benzoate, the sodium salt of benzoic acid, serves as a widely adopted antimicrobial excipient that helps stabilize and extend the shelf life of products by inhibiting microbial growth. Its application spans several industries, including pharmaceuticals, cosmetics, and personal care, where its preservative functions are critical.
| Market Overview | |
|---|---|
| Forecast Period | 2026-2030 |
| Market Size 2024 | USD 116.15 Million |
| Market Size 2030 | USD 169.13 Million |
| CAGR 2025-2030 | 5.29% |
| Fastest Growing Segment | Direct |
| Largest Market | Asia Pacific |
The cosmetic and personal care sectors contribute significantly to market demand, with sodium benzoate commonly used in products such as creams, shampoos, and lotions to prevent contamination and support product durability. The growing global demand for personal care products continues to reinforce market expansion. However, challenges remain, particularly in the form of increasing consumer preference for natural alternatives, fluctuating raw material prices, and evolving regulatory frameworks. Nonetheless, the market outlook remains positive, driven by sodium benzoate's critical role in maintaining product integrity across key application areas.
Key Market Drivers
Growth in Pharmaceutical Industry
The growth of the global pharmaceutical sector has become a significant catalyst for the sodium benzoate excipient market. With pharmaceutical revenues reaching approximately USD 1.6 trillion by 2023, the industry is comparable in size to the GDP of major economies. Sodium benzoate plays a vital role in enhancing the safety and stability of pharmaceutical formulations, particularly in oral dosage forms like syrups and tablets.
As demand for chronic disease management increases and the global population ages, the pharmaceutical market continues to expand, prompting greater use of high-quality excipients. Noncommunicable diseases such as cardiovascular disorders, cancer, diabetes, and chronic respiratory diseases account for the majority of global deaths, especially in low- and middle-income countries. Sodium benzoate, as a preservative, supports the longevity and efficacy of these essential medications, making it indispensable in drug manufacturing and storage.
Key Market Challenges
Health Concerns and Consumer Perception
A major challenge for the sodium benzoate excipient market lies in growing health-related apprehensions and evolving consumer perceptions about artificial preservatives. While sodium benzoate is considered safe within regulatory limits and remains widely used for its preservative properties, concerns persist regarding its potential to form benzene-a known carcinogen-when combined with vitamin C under certain conditions.
These safety concerns, despite regulatory assurances from bodies such as the FDA and EFSA, have impacted consumer trust and driven interest in cleaner-label alternatives. As a result, manufacturers face increasing pressure to justify the continued use of sodium benzoate or develop more natural, perceived-as-safer preservation systems, particularly in food, beverage, and cosmetic formulations.
Key Market Trends
Expansion in Food & Beverage Applications
The growing use of sodium benzoate in food and beverage applications is a prominent trend shaping the excipient market. As the demand for convenience foods, extended shelf-life products, and ready-to-eat meals increases globally, manufacturers rely on sodium benzoate to ensure product safety and freshness.
The compound is especially valued in processed foods, carbonated beverages, sauces, and snacks for its antimicrobial action. Rising global population levels and urban lifestyles continue to support this trend, with consumers prioritizing long-lasting and easily accessible food products. Additionally, sodium benzoate's cost-effectiveness and proven performance have cemented its position in food preservation, even amid the rise of natural alternatives.
Key Market Players
- Ganesh Benzoplast Ltd
- A.M. Food Chemical Co. Limited
- Tengzhou Tenglong Chemical Co Ltd
- WUHAN BIET CO.,LTD
- Liaoning Huayi Chemical Industry & Commerce Co., Ltd.
- Tianjin Dongda Chemical Group Co., Ltd
- Ujwal Pharma Pvt. Ltd
- MiSa FineChem Pvt Ltd
- KLJ GROUP
- Jiangsu Shunfeng Chemical Co., LTD
Report Scope
In this report, the Global Sodium Benzoate Excipient Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Sodium Benzoate Excipient Market, By Sales Channel:
- Direct
- Indirect
Sodium Benzoate Excipient Market, By End Use:
- Liquid Formulations
- Capsule Formulation
- Cough Syrup
- Geriatric Formulation
- Others
Sodium Benzoate Excipient Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Sodium Benzoate Excipient Market.
Available Customizations:
Global Sodium Benzoate Excipient Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Table of Contents
1. Product Overview
- 1.1. Market Definition
- 1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations
2. Research Methodology
- 2.1. Objective of the Study
- 2.2. Baseline Methodology
- 2.3. Key Industry Partners
- 2.4. Major Association and Secondary Sources
- 2.5. Forecasting Methodology
- 2.6. Data Triangulation & Validation
- 2.7. Assumptions and Limitations
3. Executive Summary
- 3.1. Overview of the Market
- 3.2. Overview of Key Market Segmentations
- 3.3. Overview of Key Market Players
- 3.4. Overview of Key Regions/Countries
- 3.5. Overview of Market Drivers, Challenges, and Trends
4. Impact of COVID-19 on Global Sodium Benzoate Excipient Market
5. Global Sodium Benzoate Excipient Market Outlook
- 5.1. Market Size & Forecast
- 5.1.1. By Value
- 5.2. Market Share & Forecast
- 5.2.1. By Sales Channel (Direct, Indirect)
- 5.2.2. By End Use (Liquid Formulations, Capsule Formulation, Cough Syrup, Geriatric Formulation, Others)
- 5.2.3. By Region
- 5.2.4. By Company (2024)
- 5.3. Market Map
6. North America Sodium Benzoate Excipient Market Outlook
- 6.1. Market Size & Forecast
- 6.1.1. By Value
- 6.2. Market Share & Forecast
- 6.2.1. By Sales Channel
- 6.2.2. By End Use
- 6.2.3. By Country
- 6.3. North America: Country Analysis
- 6.3.1. United States Sodium Benzoate Excipient Market Outlook
- 6.3.1.1. Market Size & Forecast
- 6.3.1.1.1. By Value
- 6.3.1.2. Market Share & Forecast
- 6.3.1.2.1. By Sales Channel
- 6.3.1.2.2. By End Use
- 6.3.1.1. Market Size & Forecast
- 6.3.2. Mexico Sodium Benzoate Excipient Market Outlook
- 6.3.2.1. Market Size & Forecast
- 6.3.2.1.1. By Value
- 6.3.2.2. Market Share & Forecast
- 6.3.2.2.1. By Sales Channel
- 6.3.2.2.2. By End Use
- 6.3.2.1. Market Size & Forecast
- 6.3.3. Canada Sodium Benzoate Excipient Market Outlook
- 6.3.3.1. Market Size & Forecast
- 6.3.3.1.1. By Value
- 6.3.3.2. Market Share & Forecast
- 6.3.3.2.1. By Sales Channel
- 6.3.3.2.2. By End Use
- 6.3.3.1. Market Size & Forecast
- 6.3.1. United States Sodium Benzoate Excipient Market Outlook
7. Europe Sodium Benzoate Excipient Market Outlook
- 7.1. Market Size & Forecast
- 7.1.1. By Value
- 7.2. Market Share & Forecast
- 7.2.1. By Sales Channel
- 7.2.2. By End Use
- 7.2.3. By Country
- 7.3. Europe: Country Analysis
- 7.3.1. France Sodium Benzoate Excipient Market Outlook
- 7.3.1.1. Market Size & Forecast
- 7.3.1.1.1. By Value
- 7.3.1.2. Market Share & Forecast
- 7.3.1.2.1. By Sales Channel
- 7.3.1.2.2. By End Use
- 7.3.1.1. Market Size & Forecast
- 7.3.2. Germany Sodium Benzoate Excipient Market Outlook
- 7.3.2.1. Market Size & Forecast
- 7.3.2.1.1. By Value
- 7.3.2.2. Market Share & Forecast
- 7.3.2.2.1. By Sales Channel
- 7.3.2.2.2. By End Use
- 7.3.2.1. Market Size & Forecast
- 7.3.3. United Kingdom Sodium Benzoate Excipient Market Outlook
- 7.3.3.1. Market Size & Forecast
- 7.3.3.1.1. By Value
- 7.3.3.2. Market Share & Forecast
- 7.3.3.2.1. By Sales Channel
- 7.3.3.2.2. By End Use
- 7.3.3.1. Market Size & Forecast
- 7.3.4. Italy Sodium Benzoate Excipient Market Outlook
- 7.3.4.1. Market Size & Forecast
- 7.3.4.1.1. By Value
- 7.3.4.2. Market Share & Forecast
- 7.3.4.2.1. By Sales Channel
- 7.3.4.2.2. By End Use
- 7.3.4.1. Market Size & Forecast
- 7.3.5. Spain Sodium Benzoate Excipient Market Outlook
- 7.3.5.1. Market Size & Forecast
- 7.3.5.1.1. By Value
- 7.3.5.2. Market Share & Forecast
- 7.3.5.2.1. By Sales Channel
- 7.3.5.2.2. By End Use
- 7.3.5.1. Market Size & Forecast
- 7.3.1. France Sodium Benzoate Excipient Market Outlook
8. Asia Pacific Sodium Benzoate Excipient Market Outlook
- 8.1. Market Size & Forecast
- 8.1.1. By Value
- 8.2. Market Share & Forecast
- 8.2.1. By Sales Channel
- 8.2.2. By End Use
- 8.2.3. By Country
- 8.3. Asia Pacific: Country Analysis
- 8.3.1. China Sodium Benzoate Excipient Market Outlook
- 8.3.1.1. Market Size & Forecast
- 8.3.1.1.1. By Value
- 8.3.1.2. Market Share & Forecast
- 8.3.1.2.1. By Sales Channel
- 8.3.1.2.2. By End Use
- 8.3.1.1. Market Size & Forecast
- 8.3.2. India Sodium Benzoate Excipient Market Outlook
- 8.3.2.1. Market Size & Forecast
- 8.3.2.1.1. By Value
- 8.3.2.2. Market Share & Forecast
- 8.3.2.2.1. By Sales Channel
- 8.3.2.2.2. By End Use
- 8.3.2.1. Market Size & Forecast
- 8.3.3. South Korea Sodium Benzoate Excipient Market Outlook
- 8.3.3.1. Market Size & Forecast
- 8.3.3.1.1. By Value
- 8.3.3.2. Market Share & Forecast
- 8.3.3.2.1. By Sales Channel
- 8.3.3.2.2. By End Use
- 8.3.3.1. Market Size & Forecast
- 8.3.4. Japan Sodium Benzoate Excipient Market Outlook
- 8.3.4.1. Market Size & Forecast
- 8.3.4.1.1. By Value
- 8.3.4.2. Market Share & Forecast
- 8.3.4.2.1. By Sales Channel
- 8.3.4.2.2. By End Use
- 8.3.4.1. Market Size & Forecast
- 8.3.5. Australia Sodium Benzoate Excipient Market Outlook
- 8.3.5.1. Market Size & Forecast
- 8.3.5.1.1. By Value
- 8.3.5.2. Market Share & Forecast
- 8.3.5.2.1. By Sales Channel
- 8.3.5.2.2. By End Use
- 8.3.5.1. Market Size & Forecast
- 8.3.1. China Sodium Benzoate Excipient Market Outlook
9. South America Sodium Benzoate Excipient Market Outlook
- 9.1. Market Size & Forecast
- 9.1.1. By Value
- 9.2. Market Share & Forecast
- 9.2.1. By Sales Channel
- 9.2.2. By End Use
- 9.2.3. By Country
- 9.3. South America: Country Analysis
- 9.3.1. Brazil Sodium Benzoate Excipient Market Outlook
- 9.3.1.1. Market Size & Forecast
- 9.3.1.1.1. By Value
- 9.3.1.2. Market Share & Forecast
- 9.3.1.2.1. By Sales Channel
- 9.3.1.2.2. By End Use
- 9.3.1.1. Market Size & Forecast
- 9.3.2. Argentina Sodium Benzoate Excipient Market Outlook
- 9.3.2.1. Market Size & Forecast
- 9.3.2.1.1. By Value
- 9.3.2.2. Market Share & Forecast
- 9.3.2.2.1. By Sales Channel
- 9.3.2.2.2. By End Use
- 9.3.2.1. Market Size & Forecast
- 9.3.3. Colombia Sodium Benzoate Excipient Market Outlook
- 9.3.3.1. Market Size & Forecast
- 9.3.3.1.1. By Value
- 9.3.3.2. Market Share & Forecast
- 9.3.3.2.1. By Sales Channel
- 9.3.3.2.2. By End Use
- 9.3.3.1. Market Size & Forecast
- 9.3.1. Brazil Sodium Benzoate Excipient Market Outlook
10. Middle East and Africa Sodium Benzoate Excipient Market Outlook
- 10.1. Market Size & Forecast
- 10.1.1. By Value
- 10.2. Market Share & Forecast
- 10.2.1. By Sales Channel
- 10.2.2. By End Use
- 10.2.3. By Country
- 10.3. MEA: Country Analysis
- 10.3.1. South Africa Sodium Benzoate Excipient Market Outlook
- 10.3.1.1. Market Size & Forecast
- 10.3.1.1.1. By Value
- 10.3.1.2. Market Share & Forecast
- 10.3.1.2.1. By Sales Channel
- 10.3.1.2.2. By End Use
- 10.3.1.1. Market Size & Forecast
- 10.3.2. Saudi Arabia Sodium Benzoate Excipient Market Outlook
- 10.3.2.1. Market Size & Forecast
- 10.3.2.1.1. By Value
- 10.3.2.2. Market Share & Forecast
- 10.3.2.2.1. By Sales Channel
- 10.3.2.2.2. By End Use
- 10.3.2.1. Market Size & Forecast
- 10.3.3. UAE Sodium Benzoate Excipient Market Outlook
- 10.3.3.1. Market Size & Forecast
- 10.3.3.1.1. By Value
- 10.3.3.2. Market Share & Forecast
- 10.3.3.2.1. By Sales Channel
- 10.3.3.2.2. By End Use
- 10.3.3.1. Market Size & Forecast
- 10.3.1. South Africa Sodium Benzoate Excipient Market Outlook
11. Market Dynamics
- 11.1. Drivers
- 11.2. Challenges
12. Market Trends & Developments
- 12.1. Merger & Acquisition (If Any)
- 12.2. Product Launches (If Any)
- 12.3. Recent Developments
13. Global Sodium Benzoate Excipient Market: SWOT Analysis
14. Porters Five Forces Analysis
- 14.1. Competition in the Industry
- 14.2. Potential of New Entrants
- 14.3. Power of Suppliers
- 14.4. Power of Customers
- 14.5. Threat of Substitute Products
15. Competitive Landscape
- 15.1. Ganesh Benzoplast Ltd
- 15.1.1. Business Overview
- 15.1.2. Company Snapshot
- 15.1.3. Products & Services
- 15.1.4. Financials (As Reported)
- 15.1.5. Recent Developments
- 15.1.6. Key Personnel Details
- 15.1.7. SWOT Analysis
- 15.2. A.M. Food Chemical Co. Limited
- 15.3. Tengzhou Tenglong Chemical Co Ltd
- 15.4. WUHAN BIET CO.,LTD
- 15.5. Liaoning Huayi Chemical Industry& Commerce Co.,Ltd.
- 15.6. Tianjin Dongda Chemical Group Co.,Ltd
- 15.7. Ujwal Pharma Pvt. Ltd
- 15.8. MiSa FineChem Pvt Ltd
- 15.9. KLJ GROUP
- 15.10. Jiangsu Shunfeng chemical co., LTD
16. Strategic Recommendations
17. About Us & Disclaimer
