Market Overview:
The global sodium erythorbate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for processed food and beverages, rising awareness about health and wellness, and growing demand for clean label products. Sodium erythorbate is used as a food additive in various applications such as meat, fish, vegetables and fruits, drink, canned food, and other applications. It helps retain color in foods by reducing oxidation of pigments present in them. It also acts as an antioxidant agent that helps inhibit rancidity development in oils and fats.
Product Definition:
Sodium erythorbate (C6H7NaO6) is a food additive used as a preservative and to enhance the flavor of certain foods. It is made by reacting erythorbic acid with sodium hydroxide. Sodium erythorbate occurs naturally in small amounts in some fruits and vegetables.
Sodium Erythorbate Pellet:
Sodium erythorbate is a transparent, odorless, crystalline powder that is soluble in water and slightly soluble in alcohol. It has a slight odor similar to that of almonds when it is crushed or heated. Sodium erythorbate has the ability to inhibit the growth of microorganisms such as mold (fungi), bacteria and viruses.
Sodium Erythorbate Powder:
Sodium erythorbate is a chemical compound, which is soluble in water and slightly soluble in alcohol. It has a slight odor of violets. It is used as an additive for sugar to prevent crystallization and improve the flow properties of the final product. Sodium erythorbate powder consists of pure crystals that are colorless, odorless, non-toxic & stable with no taste or flavor.
Application Insights:
The meat, fish, vegetables and fruits application segment led the market in 2017. The product is widely used in this application as it helps preserve the color and taste of food products. It also helps maintain nutritional value by preventing spoilage bacteria from growing in foods. Growing demand for canned food products across the globe is expected to have a positive impact on industry growth over the forecast period.
The drink application segment accounted for more than 15% share of total revenue in 2017 due to extensive usage as a preservative against bacterial growth inside glass bottles and cans (excluding metal cans). The product has high antioxidant properties which help prevent chronic diseases such as heart diseases, cancer cells & tumors caused due to mutations & errors during DNA replication process within body cells/tumorsigenesis & aging processes affecting eyesight organs such as cornea/conjunctiva lens etc.
Regional Analysis:
Asia Pacific accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to rising meat consumption, which has been fueling product demand across China, Japan, India and other countries. Sodium erythorbate powder is widely used in seasoning of meat products as it helps retain moisture content and flavor of food while preventing spoilage. It also acts as a natural preservative that does not contain any toxic elements like nitrates or nitrites.
Europe was the second-largest market for sodium erythorbate owing to high demand from several industries including food processing, pharmaceuticals & cosmetics among others. Europe exports a large quantity of processed foods such as canned fish and vegetables across various countries thus fueling product demand in this region over the forecast period.
Growth Factors:
- Increasing demand for processed foods: The global processed food market is projected to grow at a CAGR of 5.4% from 2016 to 2021. This growth is attributed to the increasing urbanization and changing lifestyles, which have led to an increase in the demand for convenience foods. Sodium erythorbate is used as a preservative in processed foods, which has resulted in its growing demand over the years.
- Rising awareness about health benefits of sodium erythorbate: Sodium erythorbate has various health benefits such as reducing inflammation, improving heart health, and preventing cancer. This has led to an increase in its demand among consumers, especially those who are looking for healthier alternatives to conventional preservatives.
- Growing popularity of organic foods: The global organic food market is projected to grow at a CAGR of 14% from 2016-2021 owing to rising consumer awareness about the benefits of organic products over conventional ones . Sodium erythorbate is used as a natural preservative in organic food products, which has resulted in its growing popularity among consumers worldwide .
Scope Of The Report
Report Attributes
Report Details
Report Title
Sodium Erythorbate Market Research Report
By Type
Sodium Erythorbate Pellet, Sodium Erythorbate Powder
By Application
Meat, Fish, Vegetables and Fruits, Drink, Canned Food, Other
By Companies
Triveni Chemicals, Ability Chemicals (ACC), Sidley Chemical, H & A Canada, Eastern Foodchem, Zhengzhou Natural Chemical, Foodchem
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Sodium Erythorbate Market Report Segments:
The global Sodium Erythorbate market is segmented on the basis of:
Types
Sodium Erythorbate Pellet, Sodium Erythorbate Powder
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
Meat, Fish, Vegetables and Fruits, Drink, Canned Food, Other
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:
- Triveni Chemicals
- Ability Chemicals (ACC)
- Sidley Chemical
- H & A Canada
- Eastern Foodchem
- Zhengzhou Natural Chemical
- Foodchem
Highlights of The Sodium Erythorbate 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:
- Sodium Erythorbate Pellet
- Sodium Erythorbate Powder
- By Application:
- Meat
- Fish
- Vegetables and Fruits
- Drink
- Canned Food
- Other
- 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 Erythorbate 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
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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 erythorbate is a salt that is used as a food additive and preservative. It helps to prevent the growth of bacteria, fungi, and other microorganisms in foods.
Some of the key players operating in the sodium erythorbate market are Triveni Chemicals, Ability Chemicals (ACC), Sidley Chemical, H & A Canada, Eastern Foodchem, Zhengzhou Natural Chemical, Foodchem.
The sodium erythorbate market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Sodium Erythorbate Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Sodium Erythorbate Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Sodium Erythorbate Market - Supply Chain
4.5. Global Sodium Erythorbate Market Forecast
4.5.1. Sodium Erythorbate Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sodium Erythorbate Market Size (000 Units) and Y-o-Y Growth
4.5.3. Sodium Erythorbate Market Absolute $ Opportunity
5. Global Sodium Erythorbate Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Sodium Erythorbate Market Size and Volume Forecast by Type
5.3.1. Sodium Erythorbate Pellet
5.3.2. Sodium Erythorbate Powder
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Sodium Erythorbate Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Sodium Erythorbate Market Size and Volume Forecast by Application
6.3.1. Meat
6.3.2. Fish
6.3.3. Vegetables and Fruits
6.3.4. Drink
6.3.5. Canned Food
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Sodium Erythorbate Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Sodium Erythorbate Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Sodium Erythorbate Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Sodium Erythorbate Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Sodium Erythorbate Demand Share Forecast, 2019-2026
9. North America Sodium Erythorbate Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Sodium Erythorbate Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Sodium Erythorbate Market Size and Volume Forecast by Application
9.4.1. Meat
9.4.2. Fish
9.4.3. Vegetables and Fruits
9.4.4. Drink
9.4.5. Canned Food
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Sodium Erythorbate Market Size and Volume Forecast by Type
9.7.1. Sodium Erythorbate Pellet
9.7.2. Sodium Erythorbate Powder
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Sodium Erythorbate Demand Share Forecast, 2019-2026
10. Latin America Sodium Erythorbate Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Sodium Erythorbate Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Sodium Erythorbate Market Size and Volume Forecast by Application
10.4.1. Meat
10.4.2. Fish
10.4.3. Vegetables and Fruits
10.4.4. Drink
10.4.5. Canned Food
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Sodium Erythorbate Market Size and Volume Forecast by Type
10.7.1. Sodium Erythorbate Pellet
10.7.2. Sodium Erythorbate Powder
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Sodium Erythorbate Demand Share Forecast, 2019-2026
11. Europe Sodium Erythorbate Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Sodium Erythorbate Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Sodium Erythorbate Market Size and Volume Forecast by Application
11.4.1. Meat
11.4.2. Fish
11.4.3. Vegetables and Fruits
11.4.4. Drink
11.4.5. Canned Food
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Sodium Erythorbate Market Size and Volume Forecast by Type
11.7.1. Sodium Erythorbate Pellet
11.7.2. Sodium Erythorbate Powder
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Sodium Erythorbate Demand Share, 2019-2026
12. Asia Pacific Sodium Erythorbate Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Sodium Erythorbate Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Sodium Erythorbate Market Size and Volume Forecast by Application
12.4.1. Meat
12.4.2. Fish
12.4.3. Vegetables and Fruits
12.4.4. Drink
12.4.5. Canned Food
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Sodium Erythorbate Market Size and Volume Forecast by Type
12.7.1. Sodium Erythorbate Pellet
12.7.2. Sodium Erythorbate Powder
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Sodium Erythorbate Demand Share, 2019-2026
13. Middle East & Africa Sodium Erythorbate Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Sodium Erythorbate Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Sodium Erythorbate Market Size and Volume Forecast by Application
13.4.1. Meat
13.4.2. Fish
13.4.3. Vegetables and Fruits
13.4.4. Drink
13.4.5. Canned Food
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Sodium Erythorbate Market Size and Volume Forecast by Type
13.7.1. Sodium Erythorbate Pellet
13.7.2. Sodium Erythorbate Powder
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Sodium Erythorbate Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Sodium Erythorbate Market: Market Share Analysis
14.2. Sodium Erythorbate Distributors and Customers
14.3. Sodium Erythorbate Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Triveni Chemicals
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ability Chemicals (ACC)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sidley Chemical
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. H & A Canada
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Eastern Foodchem
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Zhengzhou Natural Chemical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Foodchem
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
