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Sodium Metabisulfite Market Size
- Report ID: GMI3127
- Published Date: Sep 2024
- Report Format: PDF
Sodium Metabisulfite Market Size
The global sodium metabisulfite market size achieved USD 435 million in 2023 and will grow at 6.3% CAGR from 2024 to 2032. The market is driven by flourishing food & beverage industry especially in developed nations like the U.S. along with growing demand for food packaging to preserve food quality has considerably propelled the market size over the forecast time.
Sodium metabisulfite is an inorganic compound comprised of oxygen, sodium and sulfur. It is soluble in water and glycerin which makes it an ideal compound for applications in various industries. Owing to its antimicrobial properties, sodium metabisulfite can be used as a preservative, reducing agent, antioxidant, disinfectant, color fixative, leavening agent and bleaching agent in alcoholic beverages such as wine, cocktail mixes, wine coolers, etc., pastries including cookies, quiche crust, pizza crust, crackers, mixes with dried fruits and juices, etc.
For instance, BASF markets its Food Grade sodium metabisulfite that is mainly used to protect shellfish against melanosis. In addition, sodium metabisulfite is widely used in effluent water-treatment to eliminate chlorine, it is also used in purification of aldehydes & ketones. This inclination was particularly driven by growing population in developing nations where wastewater treatment issues have come up. In 2022, the annual global demand for fresh rosewater to over 80 billion cubic meters which reflects great opportunities of product demand in water treatment applications.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Sodium Metabisulfite Market Size in 2023: | USD 435 Million |
| Forecast Period: | 2024–2032 |
| Forecast Period 2024–2032 CAGR: | 6.3% |
| 2024–2032 Value Projection: | USD 723 Million |
| Historical Data for: | 2021–2023 |
| No. of Pages: | 200 |
| Tables, Charts & Figures: | 172 |
| Segments covered: | By Grade, By End-user and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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The expansion of the food and beverage industry significantly impacts demand, as sodium metabisulfite is widely used as a preservative and antioxidant in various products. This rising industry trend fuels the need for effective preservation solutions to extend product shelf life and maintain quality. Concurrently, increasing global awareness and regulatory pressure surrounding wastewater treatment are propelling market growth. Sodium metabisulfite serves as a crucial agent in wastewater treatment processes, aiding in the reduction of contaminants and improving environmental compliance. As industries and governments worldwide enhance their focus on sustainable practices and pollution control, the demand for sodium metabisulfite in wastewater management intensifies. These converging trends underscore a robust growth trajectory for the market.
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Sodium Metabisulfite Market Scope
