Market Overview:
The global sodium anisate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. Sodium anisate is a natural preservative that is derived from plants and fruits. It helps in inhibiting the growth of bacteria, yeast, and mold in cosmetic products. The demand for sodium anisate is increasing due to its benefits such as skin care, hair care, and make-up products. North America dominates the global sodium anisate market followed by Europe and Asia Pacific region.
Product Definition:
Sodium anisate is a sodium salt of anisic acid. It is a white, odorless powder that is soluble in water. Sodium anisate can be used as a food additive to impart a characteristic flavor and aroma to foods.
Natural Source:
Natural source includes plant, animal and microbial. The most commonly used natural sources are plants & animals. Microbial is also used in some cases like in fermentation process or biotransformation process. Sodium anisate derived from microbial source is known as bio-based sodium anisate or green label sodium anisate, it has no adverse health effects unlike the synthetic one which has been known to cause cancer and other diseases for a long time now.
Plant Source:
Plant source is the most important raw material used in the production of sodium anisate. It is a colorless and water-soluble compound, which contains an amino group (an essential component for protein synthesis) and a keto group (a characteristic feature of plant leaves). The primary sources include soybean, corn/maize, wheat/tares, green tea extractives & vegetables & fruits. Secondary sources include rice bran oil cake and castor oil.
Application Insights:
Make-up application segment led the global sodium anisate market in 2017 and is projected to witness significant growth over the forecast period. The product acts as a skin conditioner, making it easy for skin to absorb make-up products. It also helps in reducing irritation caused by make-up products. Anisate esters can be used as pH regulators, which makes them suitable for use in cosmetics on a wide range of skin types.
The hair care products segment is expected to register notable gains owing to increasing consumer awareness regarding healthy hair growth and maintenance practices including regular shampooing and conditioning treatments with Sodium Anise Esters (SAE). SAEs are increasingly being utilized as natural ingredients for developing shampoos that cleansees without drying or damagingthe scalp thereby promoting healthier hair growth over time.
Regional Analysis:
Asia Pacific sodium anisate market is expected to grow at the highest CAGR of XX% from 2018 to 2030 owing to increasing product demand in personal care, pharmaceuticals and other industries. The region accounts for a major share in the global industry as it is one of the largest producers as well as consumers of Sodium Anisate globally. China, India, Japan and South Korea are some of the leading countries that export sodium anisate globally while Taiwan, Indonesia and Malaysia are among its prominent importers.
The growth in pharmaceutical applications can be attributed to rising geriatric population coupled with growing awareness about health issues such as cancer and heart diseases which require medication every now & then. Moreover, new product launches by key manufacturers including Cipla Inc.; Dr Reddy's Laboratories Ltd; Sun Pharmaceutical Industries Ltd; GlaxoSmithKline plc.; Novartis AG; Pfizer Inc.; Colgate-Palmolive Co., Inc.
Growth Factors:
- Increasing demand for natural and organic personal care products
- Rising awareness about the benefits of using sodium anisate in personal care products
- Growing popularity of Sodium Anisate as a preservative in food and beverage industry
- Rising demand from emerging markets
- Technological advancements
Scope Of The Report
Report Attributes
Report Details
Report Title
Sodium Anisate Market Research Report
By Type
Natural Source, Plant Source
By Application
Make-up, Hair Care Products, Skin Care Products
By Companies
Dr. Straetmans (Evonik), Cosphatec, Evident Ingredients, Zhejiang Shengxiao Chemicals, Dr. Straetmans (Evonik)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
187
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Sodium Anisate Market Report Segments:
The global Sodium Anisate market is segmented on the basis of:
Types
Natural Source, Plant Source
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Make-up, Hair Care Products, Skin Care Products
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dr. Straetmans (Evonik)
- Cosphatec
- Evident Ingredients
- Zhejiang Shengxiao Chemicals
- Dr. Straetmans (Evonik)
Highlights of The Sodium Anisate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Natural Source
- Plant Source
- By Application:
- Make-up
- Hair Care Products
- Skin Care Products
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Sodium Anisate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Sodium anisate is a salt that is made from anhydrous sodium and ethanol. It has a strong, pungent odor and can be used as a food additive or in manufacturing.
Some of the major companies in the sodium anisate market are Dr. Straetmans (Evonik), Cosphatec, Evident Ingredients, Zhejiang Shengxiao Chemicals, Dr. Straetmans (Evonik).
The sodium anisate market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sodium Anisate Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Sodium Anisate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sodium Anisate Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Sodium Anisate Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Sodium Anisate Market Size & Forecast, 2018-2028
4.5.1 Sodium Anisate Market Size and Y-o-Y Growth
4.5.2 Sodium Anisate Market Absolute $ Opportunity
Chapter 5 Global Sodium Anisate Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Sodium Anisate Market Size Forecast by Type
5.2.1 Natural Source
5.2.2 Plant Source
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Sodium Anisate Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Sodium Anisate Market Size Forecast by Applications
6.2.1 Make-up
6.2.2 Hair Care Products
6.2.3 Skin Care Products
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sodium Anisate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Sodium Anisate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Sodium Anisate Analysis and Forecast
9.1 Introduction
9.2 North America Sodium Anisate Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Sodium Anisate Market Size Forecast by Type
9.6.1 Natural Source
9.6.2 Plant Source
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Sodium Anisate Market Size Forecast by Applications
9.10.1 Make-up
9.10.2 Hair Care Products
9.10.3 Skin Care Products
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Sodium Anisate Analysis and Forecast
10.1 Introduction
10.2 Europe Sodium Anisate Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Sodium Anisate Market Size Forecast by Type
10.6.1 Natural Source
10.6.2 Plant Source
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Sodium Anisate Market Size Forecast by Applications
10.10.1 Make-up
10.10.2 Hair Care Products
10.10.3 Skin Care Products
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Sodium Anisate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Sodium Anisate Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Sodium Anisate Market Size Forecast by Type
11.6.1 Natural Source
11.6.2 Plant Source
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Sodium Anisate Market Size Forecast by Applications
11.10.1 Make-up
11.10.2 Hair Care Products
11.10.3 Skin Care Products
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Sodium Anisate Analysis and Forecast
12.1 Introduction
12.2 Latin America Sodium Anisate Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Sodium Anisate Market Size Forecast by Type
12.6.1 Natural Source
12.6.2 Plant Source
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Sodium Anisate Market Size Forecast by Applications
12.10.1 Make-up
12.10.2 Hair Care Products
12.10.3 Skin Care Products
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Sodium Anisate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Sodium Anisate Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Sodium Anisate Market Size Forecast by Type
13.6.1 Natural Source
13.6.2 Plant Source
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Sodium Anisate Market Size Forecast by Applications
13.10.1 Make-up
13.10.2 Hair Care Products
13.10.3 Skin Care Products
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Sodium Anisate Market: Competitive Dashboard
14.2 Global Sodium Anisate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dr. Straetmans (Evonik)
14.3.2 Cosphatec
14.3.3 Evident Ingredients
14.3.4 Zhejiang Shengxiao Chemicals
14.3.5 Dr. Straetmans (Evonik)
