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    Benzoic Acid Market Size The global benzoic acid market is touted to reach a valuation of USD 1,219 million by 2023. It can exhibit a CAGR of 5.9% during the forecast period. It stood at a value of USD 868 million in 2017. It can command a market demand of 689.1 KT by 2023 at a CAGR of 5.21% during the aforementioned period. The  Benzoic Acid Market Size has gained huge attention over the past few years due to the surging demand from the food and beverage industry. Benzoic acid and its potassium, sodium, and calcium salts are in high demand among the public as a preservative in foods owing to their effective antifungal property. It is effective against bacteria. The surging demand for packaged and preserved foods is predicted to spark the demand for natural preservatives such as benzoic acid. The soaring demand for beverages such as fruit juices, soft drinks, and others can spur the market demand of benzoic acid during the assessment period. The use of benzoic acid...

 Market Scope The global benzoic acid market is touted to reach a valuation of USD 1,219 million by 2023. It can exhibit a CAGR of 5.9% during the forecast period. It stood at a value of USD 868 million in 2017. It can command a market demand of 689.1 KT by 2023 at a CAGR of 5.21% during the aforementioned period. The  Benzoic Acid Market  has gained huge attention over the past few years due to the surging demand from the food beverage industry. Benzoic acid and its potassium, sodium, and calcium salts are in high demand among the public as a preservative in foods owing to their effective antifungal property. It is effective against bacteria. The surging demand for packaged and preserved foods is predicted to spark the demand for natural preservatives such as benzoic acid. The soaring demand for beverages such as fruit juices, soft drinks, and others can spur the market demand of benzoic acid during the assessment period. The use of benzoic acid in the preparation of ...

Benzoic Acid Market Size  Benzoic acid is an aromatic carboxylic acid with various functional properties. It is naturally found in raspberries, cranberries, prunes, and plums and has applications across the pharmaceutical, food & beverage, and chemical industries. The global benzoic acid market report compiled by analysts at Market Research Future (MRFR) highlights production methods for its extraction, expansion plans by manufacturers, and drivers and challenges to be faced by key market leaders for the period of 2018 to 2023 (forecast period). Market Scope The global benzoic acid market is touted to reach a valuation of USD 1,219 million by 2023. It can exhibit a CAGR of 5.9% during the forecast period. It stood at a value of USD 868 million in 2017. It can command a market demand of 689.1 KT by 2023 at a CAGR of 5.21% during the aforementioned period. The  Benzoic Acid Market Size   has gained huge attention over the past few years due to the surging demand fr...