The global benzoic acid market is expected to grow to a value of USD XXXX million with a CAGR of over XX%, during the forecast period. Benzoic acid is bactericide, fungicide, virucide and viroicide, and is used for disinfection processes. Benzoic acid is naturally available in many plants and animals and can be found in foods and milk products. Food & beverages industry is the dominating user of benzoic acid. Use the following link to read the full article @ https://www.adroitmarketresearch.com/industry-reports/benzoic-acid-market Various by products of benzoic acid like potassium benzoate and sodium benzoate contribute to 45% of the total market value. The salt derivatives of Benzoic acid are utilized as preservatives and symbolized by E-numbers, like E210, E211, E212 and E213. To increase the shell life of products, preservatives are used in the food and beverage industry, these preservatives are benzoic acid added at 0.05-0.1% concentration. Benzoic acid acts as constraining agent, restricting the growth of yeast, bacteria, and mol, in food products. Benzoic acid market is growing owing to its anti-fungal properties, due to which it is used in cosmetics industries and personal care such as mouthwash, facial cleaners, powders and lipsticks. Benzoic acid is also used in pharmaceutical industry in ointments and creams. Packaged food and beverages are continuously becoming popular due to the various product ranges available. It is used as a preservative in food and beverages products like baked goods, cheese and frozen dairy.
