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Potassium Metabisulphite Market

Global Potassium Metabisulphite Market Analysis, Forecast: By Grade: Food Grade, Pharma Grade, Industrial Grade; By Application: Beer, Wine, Food Preservatives, Textile, Gold Processing, Pharmaceuticals, Photographic Chemicals, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032

Global Potassium Metabisulphite Market Outlook

The global potassium metabisulphite market reached a value of USD 443.84 million in 2023. The industry is further expected to grow at a CAGR of 3.2% in the forecast period of 2024-2032 to reach a value of around USD 591.93 million by 2032.

 

Rising Consumption of the Product Aiding the Global Market Growth of Potassium Metabisulphite

Europe is among the leading consumer regions for the product, along with North America, which is also witnessing robust growth among the consumers. The product is widely used in the production of beer and wine that are both widely consumed in the polar regions to maintain the body temperature. The rising popularity of beer among the younger consumers is driving the growth of the industry in these regions.

The Asia Pacific is anticipated to witness a robust growth in the forecast period. One of the key reasons behind the growing demand for potassium metabisulphites in the Asia Pacific region is the growth of the food and beverage industry. The rising application of potassium metabisulphite as a preservative due to an increasing requirement for packaged food is furthering the market growth in the region. Enhanced standards of living, increasing disposable incomes in developing countries, and evolving scenarios in beer and wine consumption are also contributing to the growth of the market in the Asia Pacific region.

 

Potassium Metabisulphite Market

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Potassium Metabisulphite: Market Segmentation

Potassium metabisulphite is a white crystalline powder. It is also known as potassium pyrosulphite. It is used as a chemical or antioxidant sterilant. It can be used as a solution for the metabisulphite of sodium because it is a disulphite. Metabisulphite in potassium is usually preferred because it does not add sodium to the diet. The decomposition of potassium metabisulphite induces the monoclinical crystal structure of potassium sulphite and sulphur dioxide.

Based on grade, the market can be divided into:

  • Food Grade
  • Pharma Grade
  • Industrial Grade

The product finds extensive applications in the following:

  • Beer
  • Wine
  • Food Preservatives
  • Textile
  • Gold Processing
  • Pharmaceuticals
  • Photographic Chemicals
  • Others

 The regional markets for potassium metabisulphite can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Rising Demand from the Food and Beverage Industry Bolstering the Market Growth

Potassium metabisulphite is widely used, especially in the food and beverage industry. Throughout the winemaking process, the reaction of potassium metabisulphite to sulphur dioxide helps preserve the wine's original flavour. Potassium metabisulphite is often used to prevent the growth of microorganisms during the stabilization of beverages. The product is also used for pickles preservation. Thus, its extensive use in the food and beverage industry is propelling the growth of the market. The rising demand for potassium metabisulphite from the water and chemical industries is further expected to aid the market growth. Potassium metabisulphite is also widely used in the textile industry, especially in cotton printing and dyeing, which is projected to drive the market growth in the coming years.

 

Key Industry Players in the Global Potassium Metabisulphite Market

The report gives a detailed analysis of the following key players in the global potassium metabisulphite market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • BASF SE 
  • Laffort 
  • Aditya Birla Group
  • Alkaloid AD Skopje
  • Esseco USA LLC 
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Grade
  • Application
  • Region
Breakup by Grade
  • Food Grade
  • Pharma Grade
  • Industrial Grade
Breakup by Application
  • Beer
  • Wine
  • Food Preservatives
  • Textile
  • Gold Processing
  • Pharmaceuticals
  • Photographic Chemicals
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • BASF SE 
  • Laffort 
  • Aditya Birla Group
  • Alkaloid AD Skopje
  • Esseco USA LLC 
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Potassium Metabisulphite Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Potassium Metabisulphite Historical Market (2018-2023) 
    8.3    Global Potassium Metabisulphite Market Forecast (2024-2032)
    8.4    Global Potassium Metabisulphite Market by Grade
        8.4.1    Food Grade
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Pharma Grade
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Industrial Grade
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
    8.5    Global Potassium Metabisulphite Market by Application
        8.5.1    Beer
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Wine
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Food Preservatives
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Textile
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Gold Processing
            8.5.5.1    Historical Trend (2018-2023)
            8.5.5.2    Forecast Trend (2024-2032)
        8.5.6    Pharmaceuticals
            8.5.6.1    Historical Trend (2018-2023)
            8.5.6.2    Forecast Trend (2024-2032)
        8.5.7    Photographic Chemicals
            8.5.7.1    Historical Trend (2018-2023)
            8.5.7.2    Forecast Trend (2024-2032)
        8.5.8    Others
    8.6    Global Potassium Metabisulphite Market by Region       
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032)
9    North America Potassium Metabisulphite Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Potassium Metabisulphite Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Potassium Metabisulphite Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Potassium Metabisulphite Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Potassium Metabisulphite Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Price Analysis

    16.1    North America Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.2    Europe Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.3    Asia Pacific Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.4    Latin America Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.5    Middle East & Africa Historical Price Trends (2018-2023) & Forecast (2024-2032)
17    Manufacturing Process
    17.1    Overview
    17.2    Detailed Process Flow
    17.3    Operation Involved
18    Competitive Landscape
    18.1    Market Structure
    18.2    Company Profiles
        18.2.1    BASF SE 
            18.2.1.1    Company Overview
            18.2.1.2    Product Portfolio
            18.2.1.3    Demographic Reach and Achievements
            18.2.1.4    Certifications
        18.2.2    Laffort
            18.2.2.1    Company Overview
            18.2.2.2    Product Portfolio
            18.2.2.3    Demographic Reach and Achievements
            18.2.2.4    Certifications
        18.2.3    Aditya Birla Group
            18.2.3.1    Company Overview
            18.2.3.2    Product Portfolio
            18.2.3.3    Demographic Reach and Achievements
            18.2.3.4    Certifications
        18.2.4    Alkaloid AD Skopje
            18.2.4.1    Company Overview
            18.2.4.2    Product Portfolio
            18.2.4.3    Demographic Reach and Achievements
            18.2.4.4    Certifications
        18.2.5    Esseco USA LLC
            18.2.5.1    Company Overview
            18.2.5.2    Product Portfolio
            18.2.5.3    Demographic Reach and Achievements
            18.2.5.4    Certifications
        18.2.6    Others
19    Key Trends and Developments in the Market

 

Additional Customisations Available

1    Project Requirements and Cost Analysis
    1.1    Land, Location, and Site Development
    1.2    Construction
    1.3    Plant Machinery
    1.4    Cost of Raw Material
    1.5    Packaging
    1.6    Transportation
    1.7    Utilities
    1.8    Manpower
    1.9    Other Capital Investments

 

List of Key Figures and Tables

1.    Global Potassium Metabisulphite Market: Key Industry Highlights, 2018 and 2032
2.    Global Potassium Metabisulphite Historical Market: Breakup by Grade (USD Million), 2018-2023
3.    Global Potassium Metabisulphite Market Forecast: Breakup by Grade (USD Million), 2024-2032
4.    Global Potassium Metabisulphite Historical Market: Breakup by Application (USD Million), 2018-2023
5.    Global Potassium Metabisulphite Market Forecast: Breakup by Application (USD Million), 2024-2032
6.    Global Potassium Metabisulphite Historical Market: Breakup by Region (USD Million), 2018-2023
7.    Global Potassium Metabisulphite Market Forecast: Breakup by Region (USD Million), 2024-2032
8.    North America Potassium Metabisulphite Historical Market: Breakup by Country (USD Million), 2018-2023
9.    North America Potassium Metabisulphite Market Forecast: Breakup by Country (USD Million), 2024-2032
10.    Europe Potassium Metabisulphite Historical Market: Breakup by Country (USD Million), 2018-2023
11.    Europe Potassium Metabisulphite Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Asia Pacific Potassium Metabisulphite Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Asia Pacific Potassium Metabisulphite Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Latin America Potassium Metabisulphite Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Latin America Potassium Metabisulphite Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Middle East and Africa Potassium Metabisulphite Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Middle East and Africa Potassium Metabisulphite Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    North America Historical Price Trends and Forecast 2018-2032
19.    Europe Historical Price Trends and Forecast 2018-2032
20.    Asia Pacific Historical Price Trends and Forecast 2018-2032
21.    Latin America Historical Price Trends and Forecast 2018-2032
22.    Middle East and Africa Historical Price Trends and Forecast 2018-2032
23.    Global Potassium Metabisulphite Market Structure

Key Questions Answered in the Report

In 2023, the global potassium metabisulphite market attained a value of nearly USD 443.84 million.

The market is projected to grow at a CAGR of 3.2% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 591.93 million by 2032.

The major drivers of the industry, such as rising disposable incomes, increasing population, rising food and beverage industry, growing demand for packaged food, improving standards of living, and rising demand from the water, chemical, and textiles industries, are expected to aid the market growth.

The key trend guiding the growth of the market includes the changing scenarios in beer and wine consumption.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading grades of potassium metabisulphite in the market are food grade, pharma grade, and industrial grade.

The major application segments in the industry are beer, wine, food preservatives, textile, gold processing, pharmaceuticals, and photographic chemicals, among others.

The major players in the industry are BASF SE, Laffort, Aditya Birla Group, Alkaloid AD Skopje, and Esseco USA LLC, among others.

Analyst Review

The global potassium metabisulphite market attained a value of USD 443.84 million in 2023, driven by rising demand for beer and wine. Aided by the rising demand from application segments, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 3.2%. The market is projected to reach USD 591.93 million by 2032.

EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By grade, the industry is divided into food grade, pharma grade, and industrial grade. Based on application, the market is segmented into beer, wine, food preservatives, textile, gold processing, pharmaceuticals, and photographic chemicals, among others. The major regional markets for potassium metabisulphite are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include BASF SE, Laffort, Aditya Birla Group, Alkaloid AD Skopje, and Esseco USA LLC, among others.

EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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