Sodium Erythorbate Market – Global Industry Analysis and Forecast (2022-2027)

Sodium Erythorbate Market is expected to reach US$ 141.13 Mn. by 2027, at a CAGR of 5.72% during the forecast period. The global Sodium Erythorbate market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Sodium Erythorbate market report also provides trends by market segments, technology, and investment with a competitive landscape. Global Sodium Erythorbate Market To know about the Research Methodology :- Request Free Sample Report

Sodium Erythorbate Market Overview

Sodium erythorbate is a food additive used in the preservation of beer, meat poultry and it is the type of chemical salt that is derived from the compound known as erythorbate and its market is expected to register growth in the forecast period. Sodium Erythorbate is a rich source of vitamin C and helps to retain the color of food which gets dull during the food preparation process. It is also widely used to prevent the decaying of beverages such as juice, wine, canned drinks and to keep fresh for a long period by not allowing microbes to grow and hence extending the shelf life of products Sodium Erythorbate also acts as an antioxidant. Sodium Erythorbate is produced from sugars which are derived from beets, sugarcane, and corn. It helps in maintaining the Ph. level and flavor of drinks and is also known as sodium salt of erythorbic acid. It is used in the preparation of cured meats, Due to its name people often think that it is derived from earthworms but it's not. It’s an organic compound it has been approved by the FDA Food and Drug Association of America and is a structural copy of sodium ascorbate and is nontoxic in all forms and usage

Sodium Erythorbate Market Dynamics

An increase in the use of sodium erythorbate in beverages such as wine, juices, and beer is growing the market in the long run. The world has seen substantial growth in the consumption of beer and wine. Sodium erythorbate helps in preventing microorganisms from growing, keeping beer and wine to retain their original flavor and color by providing longer shelf life. With the continuous rise in the usage of sodium erythorbates in beverages, the market is anticipated to grow in the forecast period. The rise in the usage of sodium Erythorbate as an antioxidant in the food industry has proven to be opportunistic in the market growth of the product. it helps in curing meat faster to retain its original pink color by increasing the rate of nitrate-reducing nitric oxide in meat. With an increase in the demand for meat and poultry products in the market due to its benefits to the body like proteins, energy, and carbohydrates, when it is used in pickled products it helps in preventing the formulation of cancer-causing chemicals. Which are leading towards the growth of the market. However, there are certain side effects such as dizziness, fatigue, lethargy, and body flushing which may require a doctor's consultation are restraining the market from growing. It can also cause hemolysis according to food supplier Foodchem International Corp. Hemolysis destroys red blood cells before its natural lifecycle.

Sodium Erythorbate Market Segment Analysis

Based on type, the sodium erythorbate market is segmented into sodium erythorbate pellet and sodium erythorbate powder. Due to its benefits in the food and beverage industry as a Food Additive as an antioxidant and preservative. It has been in use commonly it helps in preventing drinks from getting bad and contaminated because drinks are consumed on a long-term basis from the day of manufacturing. It helps meat and other poultry products to retain their color and state to generate more taste. The segment of sodium pellet is also on the rise due to its availability and ease of use. They are used for power generating as well as cooking. Many food items come in pellets and are given to dogs, fishes, and birds which is boosting the market growth. Based on application, the sodium erythorbate market is segmented into Meat, Fish, Vegetables, and fruits, drink, canned food, and others. Of which the segment of meat and fish has dominated the market due to their high consumption. As per the reports consumption of meat in the United States has increased by 40% between 1962 and 2018 and will increase at a rate of 1% until 2023 because of this Meat segment is likely to dominate the market followed by fish which are consumed increasingly Global Sodium Erythorbate Market The segment of the drink is expected to register the highest growth in the market due to the high consumption of drinks by the young population and adults. In drinks, sodium erythorbates act as a preservative and as an antioxidant which increases the shelf life of drinks which also maintains flavor. Increasing living standard and busy schedule of people is prompting them to consume more packed food and beverages due to which the segment of drink and proceeds meat is anticipated to grow more in the forecast period.

Sodium Erythorbate Market Regional Insights:

Asia-Pacific accounted for the majority of the market share primarily due to an increase in the consumption of food and beverages in the region. As the lifestyle of people are changed and with an increase in the income level, people are now more prone toward the consumption of packed or processed food such as meat burgers, chicken pizzas, etc. Due to which the demand for sodium erythorbate has increased. India, Japan, and China are the major contributors to the growth of the market in the region whereas China dominates the market due to the high consumption of seafood. North America accounted for the second-largest market share in the world mainly due to an increase in the consumption of beverages and seafood. Sodium Erythorbate has gained more attention in recent years due to beverages now not only serve as a cold drink but also as a health and immunity booster because of which the demand for energy drinks has increased as customers are now willing to spend more to satisfy their needs. Whereas the consumption of cultured meat and nuggets has also grown which is propelling the further market growth. The United States dominates the region followed by Canada and Mexico. South America and the Middle East& Africa region has shown slow signs of growth rates due to the rise in the consumption of meat. The growing inclination toward ready-to-eat products because of changing lifestyles is driving the market in the region. Drinks and juices are the most consumed product in the Middle East as compared to others due to less availability of water in the region. The segment of meat and fish has also noted growth in the region. UAE and Qatar are the major contributors to the region's market growth. The objective of the report is to present a comprehensive analysis of the Global Sodium Erythorbate market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Sodium Erythorbate Market dynamics, structure by analyzing the market segments and project the Global Sodium Erythorbate Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Sodium Erythorbate Market make the report investor’s guide.

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Global Sodium Erythorbate Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2027
Historical Data: 2017 to 2021 Market Size in 2021: US $ 101.08 Mn.
Forecast Period 2022 to 2027 CAGR: 5.72% Market Size in 2027: US $ 141.13 Mn.
Segments Covered: by Type • Sodium Erythorbate Pellet • Sodium Erythorbate Powder
by Application • Meat • Fish • Vegetables and Fruits • Drink • Canned Food • Other

Sodium Erythorbate Market, by Region

• North America • Europe • Asia Pacific • Middle East and Africa • South America

Sodium Erythorbate Market Key Players

Neostar United • Henan Eastar • Hugestone • Shaanxi Top Pharm • Columbus Chemcial • Xiamen Hisunny • Northeast Chemcials • Zhejiang Kaili • Hubei Jusheng • ATP Group • Triveni Chemicals • Ability Chemicals (ACC) • Sidley Chemical • H & A Canada • Eastern Foodchem • Zhengzhou Natural Chemical • Foodchem Frequently Asked Questions: 1. Which region has the largest share in Global Sodium Erythorbate Market? Ans: Asia Pacific region holds the highest share in 2021. 2. What is the growth rate of Global Sodium Erythorbate Market? Ans: The Global Sodium Erythorbate Market is growing at a CAGR of 5.72% during forecasting period 2022-2027. 3. What is scope of the Global Sodium Erythorbate market report? Ans: Global Sodium Erythorbate Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Sodium Erythorbate market? Ans: The important key players in the Global Sodium Erythorbate Market are – Neostar United, Henan Eastar, Hugestone, Shaanxi Top Pharm, Columbus Chemcial, Xiamen Hisunny, Northeast Chemcials, Zhejiang Kaili, Hubei Jusheng, ATP Group, Triveni Chemicals, Ability Chemicals (ACC), Sidley Chemical, H & A Canada, Eastern Foodchem, Zhengzhou Natural Chemical, and Foodchem. 5. What is the study period of this market? Ans: The Global Sodium Erythorbate Market is studied from 2021 to 2027.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Sodium Erythorbate Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2021 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Sodium Erythorbate Products Market 3.4. Geographical Snapshot of the Sodium Erythorbate Products Market, By Manufacturer share 4. Global Sodium Erythorbate Market Overview, 2021-2027 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Sodium Erythorbate Market 5. Supply Side and Demand Side Indicators 6. Global Sodium Erythorbate Mark Analysis and Forecast, 2021-2027 6.1 Sodium Erythorbate Market Size & Y-o-Y Growth Analysis 7. Global Sodium Erythorbate Market Analysis and Forecasts, 2021-2027 7.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 7.1.1. Sodium Erythorbate Pellet 7.1.2. Sodium Erythorbate Powder 7.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 7.2.1. Meat 7.2.2. Fish 7.2.3. Vegetables and Fruits 7.2.4. Drink 7.2.5. Canned Food 7.2.6. Other 7.3. Market Size (Value) Estimates & Forecast by Region, 2021-2027 7.3.1. North America 7.3.2. South America 7.3.3. Europe 7.3.4. Asia Pacific 7.3.5. Middle East and Africa 8. North America Sodium Erythorbate Market Analysis and Forecasts, 2021-2027 8.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 8.1.1. Sodium Erythorbate Pellet 8.1.2. Sodium Erythorbate Powder 8.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 8.2.1. Meat 8.2.2. Fish 8.2.3. Vegetables and Fruits 8.2.4. Drink 8.2.5. Canned Food 8.2.6. Other 9. North America Sodium Erythorbate Market Analysis and Forecasts, By Country 9.1. Market Size (Value) Estimates & Forecast By Country, 2021-2027 9.1.1. US 9.1.2. Canada 9.1.3. Mexico 10. U.S.A Sodium Erythorbate Market Analysis and Forecasts, 2021-2027 10.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 10.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 11. Canada Sodium Erythorbate Market Analysis and Forecasts, 2021-2027 11.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 11.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 12. Mexico Sodium Erythorbate Market Analysis and Forecasts, 2021-2027 12.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 12.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 13. Europe Sodium Erythorbate Market Analysis and Forecasts, 2021-2027 13.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 13.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 14. Europe Sodium Erythorbate Market Analysis and Forecasts, By Country 14.1. Market Size (Value) Estimates & Forecast By Country, 2021-2027 14.1.1. U.K 14.1.2. France 14.1.3. Germany 14.1.4. Italy 14.1.5. Spain 14.1.6. Sweden 14.1.7. CIS Countries 14.1.8. Rest of Europe 15. U.K. Sodium Erythorbate Market Analysis and Forecasts, 2021-2027 15.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 15.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 16. France Sodium Erythorbate Market Analysis and Forecasts, 2021-2027 16.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 16.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 17. Germany Sodium Erythorbate Market Analysis and Forecasts, 2021-2027 17.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 17.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 18. Italy Sodium Erythorbate Market Analysis and Forecasts, 2021-2027 18.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 18.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 19. Spain Sodium Erythorbate Market Analysis and Forecasts, 2021-2027 19.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 19.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 20. Sweden Sodium Erythorbate Market Analysis and Forecasts, 2021-2027 20.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 20.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 21. CIS Countries Sodium Erythorbate Market Analysis and Forecasts, 2021-2027 21.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 21.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 22. Rest of Europe Sodium Erythorbate Market Analysis and Forecasts, 2021-2027 22.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 22.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 23. Asia Pacific Sodium Erythorbate Market Analysis and Forecasts, 2021-2027 23.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 23.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 24. Asia Pacific Sodium Erythorbate Market Analysis and Forecasts, by Country 24.1. Market Size (Value) Estimates & Forecast By Country, 2021-2027 24.1.1. China 24.1.2. India 24.1.3. Japan 24.1.4. South Korea 24.1.5. Australia 24.1.6. ASEAN 24.1.7. Rest of Asia Pacific 25. China Sodium Erythorbate Market Analysis and Forecasts, 2021-2027 25.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 25.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 26. India Sodium Erythorbate Market Analysis and Forecasts, 2021-2027 26.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 26.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 27. Japan Sodium Erythorbate Market Analysis and Forecasts, 2021-2027 27.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 27.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 28. South Korea Sodium Erythorbate Market Analysis and Forecasts, 2021-2027 28.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 28.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 29. Australia Sodium Erythorbate Market Analysis and Forecasts, 2021-2027 29.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 29.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 30. ASEAN Sodium Erythorbate Market Analysis and Forecasts, 2021-2027 30.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 30.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 31. Rest of Asia Pacific Sodium Erythorbate Market Analysis and Forecasts, 2021-2027 31.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 31.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 32. Middle East Africa Sodium Erythorbate Market Analysis and Forecasts, 2021-2027 32.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 32.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 33. Middle East Africa Sodium Erythorbate Market Analysis and Forecasts, by Country 33.1. Market Size (Value) Estimates & Forecast by Country, 2021-2027 33.1.1. South Africa 33.1.2. GCC Countries 33.1.3. Egypt 33.1.4. Nigeria 33.1.5. Rest of ME&A 34. South Africa Sodium Erythorbate Market Analysis and Forecasts, 2021-2027 34.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 34.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 35. GCC Countries Sodium Erythorbate Market Analysis and Forecasts, 2021-2027 35.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 35.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 36. Egypt Sodium Erythorbate Market Analysis and Forecasts, 2021-2027 36.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 36.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 37. Nigeria Sodium Erythorbate Market Analysis and Forecasts, 2021-2027 37.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 37.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 38. Rest of ME&A Sodium Erythorbate Market Analysis and Forecasts, 2021-2027 38.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 38.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 39. South America Sodium Erythorbate Market Analysis and Forecasts, 2021-2027 39.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 39.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 40. South America Sodium Erythorbate Market Analysis and Forecasts, by Country 40.1. Market Size (Value) Estimates & Forecast by Country, 2021-2027 40.1.1. Brazil 40.1.2. Argentina 40.1.3. Rest of South America 41. Brazil Sodium Erythorbate Market Analysis and Forecasts, 2021-2027 41.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 41.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 42. Argentina Sodium Erythorbate Market Analysis and Forecasts, 2021-2027 42.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 42.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 43. Rest of South America Sodium Erythorbate Market Analysis and Forecasts, 2021-2027 43.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 43.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 44. Competitive Landscape 44.1. Geographic Footprint of Major Players in the Global Sodium Erythorbate Market 44.2. Competition Matrix 44.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 44.2.2. New Product Launches and Product Enhancements 44.2.3. Market Consolidation 44.2.3.1. M&A by Regions, Investment and Verticals 44.2.3.2. M&A, Forward Integration and Backward Integration 44.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 44.3. Company Profile : Key Players 44.3.1. Neostar United 44.3.1.1. Company Overview 44.3.1.2. Financial Overview 44.3.1.3. Geographic Footprint 44.3.1.4. Product Portfolio 44.3.1.5. Business Strategy 44.3.1.6. Recent Developments 45.3.2 Henan Eastar 45.3.3 Hugestone 45.3.4 Shaanxi Top Pharm 45.3.5 Columbus Chemcial 45.3.6 Xiamen Hisunny 45.3.7 Northeast Chemcials 45.3.8 Zhejiang Kaili 45.3.9 Hubei Jusheng 45.3.10 ATP Triveni Chemicals 45.3.11 Ability Chemicals (ACC) 45.3.12 Sidley Chemical 45.3.13 H & A Canada 45.3.14 Eastern Foodchem 45.3.15 Zhengzhou Natural Chemical 45.3.16 Foodchem Group 46 Primary Key Insights141.13
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