SODIUM BENZOATE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Market Concentration and Competitive Landscape

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Growing preference for clean label and natural formulations

Growing consumer preference for natural ingredients over synthetic or chemically modified additives can also drive the market growth. This clean label trend originates from a desire to avoid artificial sounding compounds and a growing distrust of intensive processing in the food industry. Packaged food manufacturers are responding to such market forces by revising their recipes and promoting the usage of simpler, natural preservatives.

• Spectrum Chemicals
• Ganesh Benzoplast Ltd.
• Avantor Inc.
• Foodchem International Corporation
• Merck KGaA
• Wuhan Youji Industries Co. Ltd.
• FBC Industries, Inc.
• Tengzhou Tenglong Chemical Co., Ltd.
• CellMark AB
• A.M. Food Chemical Co. Limited
• Hugestone enterprise co. Ltd.
• Penta Chemicals
• DuPont de Nemours, Inc.
• Tulstar Products, Inc.
• Lanxess AG
• Akshar International
• Ganesh Benzoplast Limited (GBL)
• Rishi Chemical
• Sujata Chemicals