Sodium Benzoate Market Is Likely To Up Demand At A USD 2.1 Billion By 2030
San Francisco, 3 Oct 2022: The Report Sodium Benzoate Market Size, Share & Trends Analysis Report By Form (Powder, Granule), By Application (Beverage & Food, Cosmetics, Pharmaceuticals), By Region, And Segment Forecasts, 2022 - 2030 The global sodium benzoate market size is anticipated to reach USD 2.1 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.1% from 2022 to 2030. Due to the rising worldwide population, the food industry and pharmaceuticals are expanding industries that are expected to drive the market. Factors such as increased consumer awareness, increased urbanization, demand for medicinal supplies, and the growth of the packaged food business have propelled the expansion of the market. The COVID-19 pandemic had a negative impact on economies and businesses in a number of countries due to lockdowns, travel restrictions, and business closures. Government restrictio...