Reports
Global Sodium Diacetate Market Size, Trends, Analysis: By Form: Food Grade, Non-Food Grade; By Application: Food and Beverages, Cosmetics and Personal Care, Animal Feed, Agrochemicals, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032
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 2024-2032.
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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.
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Sodium Diacetate: Market 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:
- Food Grade
- Non-Food Grade
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.
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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.
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 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- Form, Application, Region |
| Breakup by Form | Food Grade, Non-Food Grade |
| Breakup by Application | Food and Beverages, Cosmetics and Personal Care, Animal Feed, Agrochemicals, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Macco Organiques Inc., Niacet Corporation, Spectrum Chemical Manufacturing Corp., Aakash Manthan Industries, 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. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
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 Sodium Diacetate Market Analysis
8.1 Key Industry Highlights
8.2 Global Sodium Diacetate Historical Market (2018-2023)
8.3 Global Sodium Diacetate Market Forecast (2024-2032)
8.4 Global Sodium Diacetate Market by Form
8.4.1 Food Grade
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Non-Food Grade
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Sodium Diacetate Market by Application
8.5.1 Food and Beverages
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Cosmetics and Personal Care
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Animal Feed
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Agrochemicals
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Others
8.6 Global Sodium Diacetate 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 Sodium Diacetate 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 Sodium Diacetate 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 Sodium Diacetate 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 Sodium Diacetate 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 Sodium Diacetate 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 Macco Organiques Inc.
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 Niacet Corporation
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 Spectrum Chemical Manufacturing Corp.
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 Aakash Manthan Industries
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 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 Raw Material
1.5 Packaging
1.6 Transportation
1.7 Utilities
1.8 Manpower
1.9 Other Capital Investment
List of Key Figures and Tables
1. Global Sodium Diacetate Market: Key Industry Highlights, 2018 and 2032
2. Global Sodium Diacetate Historical Market: Breakup by Form (USD Million), 2018-2023
3. Global Sodium Diacetate Market Forecast: Breakup by Form (USD Million), 2024-2032
4. Global Sodium Diacetate Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global Sodium Diacetate Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Sodium Diacetate Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Sodium Diacetate Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Sodium Diacetate Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Sodium Diacetate Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Sodium Diacetate Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Sodium Diacetate Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Sodium Diacetate Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Sodium Diacetate Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Sodium Diacetate Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Sodium Diacetate Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Sodium Diacetate Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Sodium Diacetate Market Forecast: Breakup by Country (USD Million), 2024-2032
18. North America Historical Price Trends and Forecast 2018-2028
19. Europe Historical Price Trends and Forecast 2018-2028
20. Asia Pacific Historical Price Trends and Forecast 2018-2028
21. Latin America Historical Price Trends and Forecast 2018-2028
22. Middle East and Africa Historical Price Trends and Forecast 2018-2028
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 2024 and 2032.
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 2024-2032, 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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