The sodium benzoate market in Germany is expected to reach a projected revenue of US$ 27.7 million by 2030. A compound annual growth rate of 5.9% is expected of Germany sodium benzoate market from 2024 to 2030.
Country-wise, China is expected to lead the global market in terms of revenue in 2030.
In Europe, Germany sodium benzoate market is projected to lead the regional market in terms of revenue in 2030.
France is the fastest growing regional market in Europe and is projected to reach USD 18.4 million by 2030.
Sodium benzoate market in Germany is projected to grow over the forecast period. The growth of the market can be attributed to the rising consumption of preservatives in the food & beverage, pharmaceuticals, and cosmetics industries in the country.
Sodium benzoate is known for its property of inhibiting the growth of microorganisms and protecting products. The latest sales statistics released by Deutsches Frozen Institute e. V. (dti) showed a record-breaking annual sales figure for frozen food in Germany in 2022, including both, the food retail/home services (LEH) and out-of-home (AHM) sales markets.
According to these statistics, the per capita consumption of frozen food in Germany increased to 47.7 kilograms in 2022 from 46.1 kilograms in 2021. Similarly, the consumption of frozen food per household has also witnessed a notable rise of 4.1 kilograms in Germany, thereby reaching 96.4 kilograms in 2022 compared with 92.3 kilograms in 2021.
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Powder was the largest segment with a revenue share of 55.38% in 2023.
Horizon Databook has segmented the Germany sodium benzoate market based on powder, granules covering the revenue growth of each sub-segment from 2018 to 2030.
Sodium benzoate market in Germany is projected to grow over the forecast period. The growth of the market can be attributed to the rising consumption of preservatives in the food & beverage, pharmaceuticals, and cosmetics industries in the country.
Sodium benzoate is known for its property of inhibiting the growth of microorganisms and protecting products. The latest sales statistics released by Deutsches Frozen Institute e. V. (dti) showed a record-breaking annual sales figure for frozen food in Germany in 2022, including both, the food retail/home services (LEH) and out-of-home (AHM) sales markets.
According to these statistics, the per capita consumption of frozen food in Germany increased to 47.7 kilograms in 2022 from 46.1 kilograms in 2021. Similarly, the consumption of frozen food per household has also witnessed a notable rise of 4.1 kilograms in Germany, thereby reaching 96.4 kilograms in 2022 compared with 92.3 kilograms in 2021.
Germany Sodium Benzoate Market Form Outlook (Revenue, USD Million , 2018-2030)
Powder
Granules
Others
Germany Sodium Benzoate Market Application Outlook (Revenue, USD Million , 2018-2030)
Food & Beverages
Pharmaceuticals
Cosmetics
Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany sodium benzoate market report, including forecasts for subscribers. This country databook contains high-level insights into Germany sodium benzoate market report from 2018 to 2030, including revenue numbers, major trends, and company profiles.