Frequently Asked Questions About Sodium Nitrate Market
The food & beverages dominated the sodium nitrite market with a share of over 66% in 2022. This high share is attributable to rising demand for food preservatives in the food processing industry.
The global sodium nitrite market size was valued at USD 418.1 million in 2022 and is expected to reach USD 433.3 million in 2023.
The global sodium nitrite market is forecast to grow at a compound annual growth rate (CAGR) of 4.2% from 2023 to 2030 to reach USD 580.8 million by 2030.
Some prominent players in the sodium nitrite market include Deepak, Airedale Chemical Company Ltd., BASF SE, UralChem JSC, Shijizhuang Fengshan Chemical Co. Ltd., Radiant Indus Chem Pvt. Ltd., SABIC
The demand for sodium nitrite is anticipated to be driven by its utilization in meat curing applications.
Courtesy: grandviewresearch