The sodium benzoate market in the United States is expected to reach a projected revenue of US$ 94.4 million by 2030. A compound annual growth rate of 5.4% is expected of the United States sodium benzoate market from 2024 to 2030.
Country-wise, China is expected to lead the global market in terms of revenue in 2030.
In North America, U.S. sodium benzoate market is projected to lead the regional market in terms of revenue in 2030.
Mexico is the fastest growing regional market in North America and is projected to reach USD 16.0 million by 2030.
The U.S. sodium benzoate market is projected to grow over the forecast period due to the growing preference of consumers for fast and processed food and beverages. This has resulted in an increase in demand for sodium benzoate as a preservative in the food and beverage industry.
Jack Daniel's Properties, Inc. and The Coca-Cola Company Ready to Drink (RTD) launched a new premixed canned cocktail for the U.S. market, which was first launched in Mexico. The beverage combines the smooth character of Jack Daniel's Tennessee Whiskey with the refreshing taste of Coca-Cola.
The product is available in 12-oz. cans, having an alcohol content of 7% ABV, this product has been made available in the U.S. since May 2023. This new launch will lead to a rise in demand for sodium benzoate which is used in Coca-Cola as food and beverage preservative.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Sodium Benzoate Market will help companies and investors design strategic landscapes.
Powder was the largest segment with a revenue share of 60.15% in 2023.
Horizon Databook has segmented the U.S. sodium benzoate market based on powder, granules covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. sodium benzoate market is projected to grow over the forecast period due to the growing preference of consumers for fast and processed food and beverages. This has resulted in an increase in demand for sodium benzoate as a preservative in the food and beverage industry.
Jack Daniel's Properties, Inc. and The Coca-Cola Company Ready to Drink (RTD) launched a new premixed canned cocktail for the U.S. market, which was first launched in Mexico. The beverage combines the smooth character of Jack Daniel's Tennessee Whiskey with the refreshing taste of Coca-Cola.
The product is available in 12-oz. cans, having an alcohol content of 7% ABV, this product has been made available in the U.S. since May 2023. This new launch will lead to a rise in demand for sodium benzoate which is used in Coca-Cola as food and beverage preservative.
U.S. Sodium Benzoate Market Form Outlook (Revenue, USD Million , 2018-2030)
Powder
Granules
Others
U.S. Sodium Benzoate Market Application Outlook (Revenue, USD Million , 2018-2030)
Food & Beverages
Pharmaceuticals
Cosmetics
Others
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