Lasik Vision Surgery is currently one of the most performed elective procedures in North America. Millions of people have successfully chosen this eye surgical procedure and suitable option for correcting their low, moderate, Read More..
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Market ForecastThe global sodium benzoate market share was valued at USD 186.3 million in 2020 and is expected to register a CAGR of 4.3% between 2021 and 2028.Sodium benzoate is a preservative used widely across industries.
Sodium benzoate is the sodium salt obtained when benzoic acid reacts with sodium hydroxide.
The increasing demand for convenience food across the world has propelled the growth of the sodium benzoate market share.
The advent of various fast-food companies across the globe has further proliferated the market growth in the last couple of years.The outbreak of Covid-19 has created lucrative opportunities for manufacturers of sodium benzoate across the globe.
Lockdown restrictions caused by the pandemic have resulted in supply chain woes.
Hence, the need for increasing the shelf-life of various food products have increased drastically.