Global Sodium Nitrite Market Size & Outlook, 2023-2030
Global sodium nitrite market, 2018-2030 (US$M)
Related Markets
Global sodium nitrite market highlights
- The global sodium nitrite market generated a revenue of USD 413.7 million in 2023 and is expected to reach USD 557.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.4% by 2030.
- In terms of segment, food & beverages accounted for a revenue of USD 103.1 million in 2023.
- Other Applications is the most lucrative grade segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 413.7 million |
| Market revenue in 2030 | USD 557.5 million |
| Growth rate | 4.4% (CAGR from 2023 to 2030) |
| Largest segment | Food & beverages |
| Fastest growing segment | Other Applications |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Food & Beverages, Corrosion Inhibitors, Dyes & pigments, Pharmaceuticals, Other Applications |
Other key industry trends
- In terms of revenue, the North America accounted for 5.1% of the global sodium nitrite market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, France is the fastest growing regional market and is projected to reach USD 9.7 million by 2030.
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Sodium Nitrite Market Scope
Sodium Nitrite Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global sodium nitrite market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to sodium nitrite market will help companies and investors design strategic landscapes.
Food & beverages was the largest segment with a revenue share of 24.92% in 2023. Horizon Databook has segmented the Global sodium nitrite market based on food & beverages, corrosion inhibitors, dyes & pigments, pharmaceuticals, other applications covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Sodium Nitrite Grade Outlook (Revenue, USD Million, 2018-2030)
- Food & Beverages
- Corrosion Inhibitors
- Dyes & pigments
- Pharmaceuticals
- Other Applications
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Horizon Databook provides a detailed overview of global-level data and insights on the Global sodium nitrite market , including forecasts for subscribers. This global databook contains high-level insights into Global sodium nitrite market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global sodium nitrite market size, by regions, 2018-2030 (US$M)
Top 10 countries: Sodium nitrite market size, 2023 (US$M)
Global sodium nitrite market share, by grade, 2023 & 2030 (%, US$M)
Sodium nitrite market: Opportunity assessment by country
Global sodium nitrite market, by region, 2023 (US$M)
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