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Global Sodium Diacetate Market: By Form: Food Grade, Non-Food Grade; By Application: Food and Beverages, Cosmetics and Personal Care, Animal Feed, Agrochemicals, Others; Regional Analysis; Historical Market and Forecast (2015-2025); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Sodium Diacetate Market Outlook

The global sodium diacetate market is expected to grow at a CAGR of about 6% in the forecast period of 2020-2025.

 

Sodium Diacetate Market

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The Asia Pacific to Significantly Drive the Global Sodium Diacetate Market Growth

The Asia Pacific is one of the leading regions for the sodium diacetate market. The market in the region is significantly being driven by the rising production capacities in the region, especially in countries such as China. In comparison to Europe and North America, the manufacturing market for the product in China is expected to rise rapidly. In the coming years, the industry is expected to witness a further growth in the coming years due to targeted capacity expansions by players in China. In order to meet the rising demand for sodium diacetate in the overall Asia Pacific region, India, along with other countries in Southeast Asia, are also expected to witness capacity expansions in the coming years, thus, further adding to the market growth.

 

Sodium Diacetate: Industry Definition and Segmentation

Sodium diacetate refers to the sodium salt of acetic acid. It is extensively used as an antimicrobial agent and as a seasoning in a wide variety of food products, such as bakery goods, pastas, cookies, sauces, dressings, and pet foods. It is also used as an acidity controller in meat and animal products and is further used in food preservation as it inhibits microbial development. It also prevents spoilage of grains by its antimicrobial influence.

Based on form, the industry can be divided into:

On the basis of applications, the industry is segmented into:

  • Food and Beverages
  • Cosmetics and Personal Care
  • Animal Feed
  • Agrochemicals
  • Others

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

 

Sodium Diacetate Market by Application

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Rising Application in the Bakery Industry to Bolster the Sodium Diacetate Market Growth 

Sodium diacetate is widely used as a bread preservative globally. The rising application of the product in the bakery segment is expected to drive the growth of the market. In Europe and the United States, the industry is gaining traction in the bakery segment. The sodium acetate market is, thus, propelled by the growth of the bakery industry in Europe and the United States. The bakery industry in these regions is witnessing heightened growth due to the rising innovations in the industry and the increase in the introduction of new products like functional and value-added baked goods.

The demand for antimicrobials like sodium diacetate has increased exponentially in the prevention of meat spoilage due to the rise in meat consumption and meat products. This is expected to favourably influence the global sodium diacetate industry. The United States and the United Kingdom are some of the major meat consuming regions, which are supporting the growth of the industry. New products are being increasingly introduced in the market by the meat product suppliers, which are further supplementing the demand for antimicrobials and preservatives, including sodium diacetate.

 

Sodium Diacetate Market by Region

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Key Industry Players in the Global Sodium Diacetate Market

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

  • Macco Organiques Inc.
  • Niacet Corporation
  • Spectrum Chemical Manufacturing Corp.
  • Aakash Manthan Industries
  • Others

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

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    Industry Opportunities and Challenges
8    Global Sodium Diacetate Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Sodium Diacetate Historical Market (2015-2019) 
    8.3    Global Sodium Diacetate Market Forecast (2020-2025)
    8.4    Global Sodium Diacetate Market by Form
        8.4.1    Food Grade
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2015-2019)
            8.4.1.3    Forecast Trend (2020-2025)
        8.4.2    Non-Food Grade
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2015-2019)
            8.4.2.3    Forecast Trend (2020-2025)
    8.5    Global Sodium Diacetate Market by Application
        8.5.1    Food and Beverages
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2015-2019)
            8.5.1.3    Forecast Trend (2020-2025)
        8.5.2    Cosmetics and Personal Care
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2015-2019)
            8.5.2.3    Forecast Trend (2020-2025)
        8.5.3    Animal Feed
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2015-2019)
            8.5.3.3    Forecast Trend (2020-2025)
        8.5.4    Agrochemicals
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2015-2019)
            8.5.4.3    Forecast Trend (2020-2025)
        8.5.5    Others
    8.6    Global Sodium Diacetate Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2015-2019)
        9.1.2    Forecast Trend (2020-2025)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2015-2019)
        9.2.2    Forecast Trend (2020-2025)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2015-2019)
        9.3.2    Forecast Trend (2020-2025)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2015-2019)
        9.4.2    Forecast Trend (2020-2025)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2015-2019)
        9.5.2    Forecast Trend (2020-2025)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis

    12.1    North America Historical Price Trends (2015-2019) and Forecast (2020-2025)
    12.2    Europe Historical Price Trends (2015-2019) and Forecast (2020-2025)
    12.3    Asia Pacific Historical Price Trends (2015-2019) and Forecast (2020-2025)
    12.4    Latin America Historical Price Trends (2015-2019) and Forecast (2020-2025)
    12.5    Middle East and Africa Historical Price Trends (2015-2019) and Forecast (2020-2025)
13    Manufacturing Process
    13.1    Overview
    13.2    Detailed Process Flow
    13.3    Operation Involved
14    Competitive Landscape
    14.1    Market Structure
    14.2    Company Profiles
        14.2.1    Macco Organiques Inc.
            14.2.1.1    Company Overview
            14.2.1.2    Product Portfolio
            14.2.1.3    Demographic Reach and Achievements
            14.2.1.4    Certifications
        14.2.2    Niacet Corporation
            14.2.2.1    Company Overview
            14.2.2.2    Product Portfolio
            14.2.2.3    Demographic Reach and Achievements
            14.2.2.4    Certifications
        14.2.3    Spectrum Chemical Manufacturing Corp.
            14.2.3.1    Company Overview
            14.2.3.2    Product Portfolio
            14.2.3.3    Demographic Reach and Achievements
            14.2.3.4    Certifications
        14.2.4    Aakash Manthan Industries
            14.2.4.1    Company Overview
            14.2.4.2    Product Portfolio
            14.2.4.3    Demographic Reach and Achievements
            14.2.4.4    Certifications
        14.2.5    Others
15    Industry Events and Developments

 

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    Raw Material
    1.5    Packaging
    1.6    Transportation
    1.7    Utilities
    1.8    Manpower
    1.9    Other Capital Investment

 

List of Figures and Tables

1.    Global Sodium Diacetate Market: Key Industry Highlights, 2015 and 2025
2.    Global Sodium Diacetate Historical Market: Breakup by Form (USD Million), 2015-2019
3.    Global Sodium Diacetate Market Forecast: Breakup by Form (USD Million), 2020-2025
4.    Global Sodium Diacetate Historical Market: Breakup by Application (USD Million), 2015-2019
5.    Global Sodium Diacetate Market Forecast: Breakup by Application (USD Million), 2020-2025
6.    Global Sodium Diacetate Historical Market: Breakup by Region (USD Million), 2015-2019
7.    Global Sodium Diacetate Market Forecast: Breakup by Region (USD Million), 2020-2025
8.    North America Sodium Diacetate Historical Market: Breakup by Country (USD Million), 2015-2019
9.    North America Sodium Diacetate Market Forecast: Breakup by Country (USD Million), 2020-2025
10.    Europe Sodium Diacetate Historical Market: Breakup by Country (USD Million), 2015-2019
11.    Europe Sodium Diacetate Market Forecast: Breakup by Country (USD Million), 2020-2025
12.    Asia Pacific Sodium Diacetate Historical Market: Breakup by Country (USD Million), 2015-2019
13.    Asia Pacific Sodium Diacetate Market Forecast: Breakup by Country (USD Million), 2020-2025
14.    Latin America Sodium Diacetate Historical Market: Breakup by Country (USD Million), 2015-2019
15.    Latin America Sodium Diacetate Market Forecast: Breakup by Country (USD Million), 2020-2025
16.    Middle East and Africa Sodium Diacetate Historical Market: Breakup by Country (USD Million), 2015-2019
17.    Middle East and Africa Sodium Diacetate Market Forecast: Breakup by Country (USD Million), 2020-2025
18.    North America Historical Price Trends and Forecast 2015-2025
19.    Europe Historical Price Trends and Forecast 2015-2025
20.    Asia Pacific Historical Price Trends and Forecast 2015-2025
21.    Latin America Historical Price Trends and Forecast 2015-2025
22.    Middle East and Africa Historical Price Trends and Forecast 2015-2025
23.    Global Sodium Diacetate Market Structure

Key Questions Answered in the Report

The market is projected to grow at a CAGR of nearly 6% between 2020 and 2025.

The major drivers of the industry, such as rising disposable incomes, growing demand from baked goods, rising capacity expansions, and growing demand for antimicrobials, are expected to aid the market growth.

The key trends guiding the growth of the market include the launch of new meat products and rising demand for functional bakery products.

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

The leading forms of the product in the market are food and non-food grades.

The significant application segments in the industry are food and beverages, cosmetics and personal care, animal feed, and agrochemicals, among others.

The major players in the industry are Macco Organiques Inc., Niacet Corporation, Spectrum Chemical Manufacturing Corp., and Aakash Manthan Industries, among others.

Analyst Review

The global sodium diacetate market is being driven by the rising demand for baked goods and meat. Aided by the growing innovations in the industry, it is expected to witness a further growth in the forecast period of 2020-2025, growing at a CAGR of about 6%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By form, the market can be segmented into food and non-food grades. Based on application, the industry is divided into food and beverages, cosmetics and personal care, animal feed, and agrochemicals, among others. The major regional markets for the product are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Macco Organiques Inc., Niacet Corporation, Spectrum Chemical Manufacturing Corp., and Aakash Manthan Industries, 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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