Benzoic Acid Market Size | Companies Analysis 2026- 2035

What is the Current Benzoic Acid Market Size and Share? 

The global Benzoic Acid market size was estimated at USD 1.85 billion in 2025 and is predicted to increase from USD 1.94 billion in 2026 and is projected to reach around USD 2.98 billion by 2035, The market is expanding at a CAGR of 4.89% between 2026 and 2035. Asia Pacific dominated the benzoic acid market with a market share of 55.19% the global market in 2025. The expanding food & beverage industry and growing use of personal care items drive the market growth.

Key Takeaways

• By region, Asia Pacific led the benzoic acid market with the largest revenue share of over 55.19%in 2025.
• By region, North America is growing at the fastest CAGR in the market during the forecast period due to the expansion of the pharmaceutical industry.  
• By form, the anhydrous segment led the market in 2025 due to lower moisture content. 
• By form, the liquid segment is growing at the fastest CAGR in the market during the forecast period due to increased use of liquid cosmetic formulations. 
• By application, the sodium benzoate segment led the market in 2025 due to broad regulatory acceptance.
• By application, the potassium benzoate segment is expected to grow at the fastest CAGR in the market during the forecast period due to increased consumption of processed food.
• By end-use, the food & beverage segment led the market in 2025 due to the increasing need for preservatives.
• By end-use, the chemical segment is expected to grow at the fastest CAGR in the market during the forecast period due to the increasing synthesis of chemicals.

What is Benzoic Acid?

The benzoic acid market growth is driven by the growing need for preservatives, increased pharmaceutical manufacturing, rise in cosmetics use, surge in plasticizers manufacturing, high preference for convenience foods, and stringent food safety regulations. The increased consumption of ready-to-drink products and growing utilization of antifungal treatment increase demand for benzoic acid.

Benzoic acid is an organic compound consists of the chemical formula C6H5COOH. The benzoic acid is soluble in organic solvents, and its structure consists of a benzene ring attached to a carboxyl group. It is widely used as an active ingredient, preservative, and chemical intermediate in various applications. 

Benzoic acid halts the growth of bacteria, mold, and other organisms on food products. It is used for the synthesis of various chemicals like plasticizers, benzoates, phenol, benzyl peroxide, and benzoyl chloride. Benzoic acid is widely used across industries like pharmaceutical, agriculture, chemical, food & beverage, and personal care.  

Benzoic Acid Market Trends:

• Booming Personal Care Sector: The strong focus on self-care and increasing awareness about the importance of grooming accelerates demand for personal care products like face wash, shampoos, mouthwash, skin creams, and deodorants that use benzoic acid as a preservative. 
• Bio-Based Benzoic Acid Development: The consumer shift towards natural ingredients and a strong focus on lowering carbon footprint increases demand for bio-based benzoic acid. The increased companies' investment in sustainable production processes and stringent synthetic chemical rules increases the adoption of bio-based benzoic acid. 
• High-Purity Benzoic Acid Demand: The increasing demand for high-purity benzoic acid across industries like food & beverage, personal care, pharmaceuticals, and cosmetics supports market expansion. 
• Growing Plasticizers Demand: The strong focus on phthalate replacement and increasing consumer shift towards non-toxic products increases the adoption of non-phthalate benzoate plasticizers for the development of PVC and coatings.   

Report Scope

Key Technological Shifts in the Benzoic Acid Market:

The benzoic acid market is seeing key technological shifts driven by the demand for sustainable production, process efficiency, and regulatory compliance. The key technology-driven changes, like bio-based production, automation, and machine learning, support sustainability goals and process optimization. One of the key technological developments is the incorporation of artificial intelligence (AI) enables the development of eco-friendly formulations and optimizes formulations.   

AI helps in optimizing benzoic acid formulas to increase their antimicrobial action and lowers the consumption of energy during the manufacturing process. AI offers an accurate concentration of benzoic acid to be used in diverse products and easily detects defective conditions. AI minimizes resource usage and fine-tunes aspects like scent & texture. AI optimizes production processes and supports the development of eco-friendly manufacturing methods. In general, AI plays an important role in benzoic acid production by offering a data-driven approach.

• For instance, the BASF company uses AI to enhance chemical processes in the production of chemicals.     

Trade Analysis of Benzoic Acid Market: Import & Export Statistics

• India exported 2034 shipments of benzoic acid. 
• China exported 861 shipments of benzoic acid tech grade. 
• The United States imported 3,792 shipments of benzoic acid. 
• Netherlands exported $201M of benzoic acid, its salts & esters in 2023. 
• There are $67.2M of benzoic acid, its salts & esters are imported by the United States in 2023. 
• Germany imported $51.9M of benzoic acid, its salts & esters in 2023. 

Benzoic Acid Market Value Chain Analysis

• Feedstock Procurement:The feedstock procurement involves sourcing raw materials like toluene, cobalt acetate, oxygen, acetic acid, water, and manganese bromide to manufacture benzoic acid. 
  • Key Players:- Eastman Chemical Company, Sinopec Limited, I G Petrochemicals Ltd, BASF SE, Lanxess AG, Huntsman Corporation
• Chemical Synthesis and Processing: The benzoic acid synthesis method includes three steps like toluene oxidation, hydrolysis of benzotrichloride, & laboratory synthesis and chemical processing involve steps like oxidation, crystallization, & purification. 
  • Key Players:- JQC Pharmaceutical Co., Ltd., BASF SE, Lanxess AG, Wuhan Youji Industry Co., Ltd., Eastman Chemical Company
• Quality Testing and Certifications:Quality testing is evaluating properties like spectroscopy, titrimetric, appearance, GCV, melting point, calorimetry, chromatography, & water content, and certifications for benzoic acid include ISO 17025, FDA, FAO, NIST, ISO 17034, & EU Ecolabel.  
  • Key Players:- Alpha Resources, SIMA Labs, Parr Instrument Company, Analytics, Equinox Labs

Comprehensive Use of Benzoic Acid Across Industries

Segmental Insights

Form Insights

Why the Anhydrous Segment Dominates the Benzoic Acid Market?

The anhydrous segment dominated the benzoic acid market in 2025. The superior handling properties and enhanced stability of benzoic acid help market growth. The growing production of pharmaceutical, food, and drinking products increases demand for benzoic acid. The increasing need for dry food mixes, polymer catalysts, and animal feeds requires anhydrous benzoic acid. The cost-effectiveness and efficient manufacturing of the anhydrous form drive the overall growth of the market. 

The liquid segment is the fastest-growing in the market during the forecast period. The strong focus on extending the lifespan of liquid medicines and the rise in development of liquid personal care product formulations increase the adoption of the liquid form. The stricter food preservation regulations and the surge in consumption of soft drinks increase the adoption of the liquid form. The focus on lowering spoilage of food products and the development of plasticizers & resins requires liquid form, supporting the overall market growth. 

Application Insights

How did the Sodium Benzoate Segment hold the Largest Share in the Benzoic Acid Market?

The sodium benzoate segment held the largest revenue share in the benzoic acid market in 2025. The growing utilization of haircare & skincare products and the high demand for convenience foods increase the adoption of sodium benzoate. The superior solubility, high efficacy, and cost-effectiveness of benzoic acid increase its utilization across diverse industries. The strong focus on preventing microbial growth on food products and the growing need for superior preservatives increase the adoption of sodium benzoate, supporting the overall market growth. 

The potassium benzoate segment is experiencing the fastest growth in the market during the forecast period. The consumer shift towards packaged food and the rapid expansion of packaged food increase demand for potassium benzoate. The strong focus on enhancing food product quality and enhancing the stability of drugs requires potassium benzoate. The expanding food processing industry and the rapid development of cosmetic products require potassium benzoate, supporting the overall growth of the market.  

End-Use Insights

Which End-Use Dominated the Benzoic Acid Market?

The food & beverage segment dominated the benzoic acid market in 2025. The increasing need for preventing spoilage in the food & beverage sector and extending the shelf-life of packaged food requires benzoic acid. The focus on maintaining aroma & flavor in food products and the surging packaged food industry requires benzoic acid. The increased manufacturing of fruit juices, jams, processed meats, carbonated drinks, and pickles uses benzoic acid as a preservative, driving the overall market growth. 

The chemical segment is the fastest-growing in the market during the forecast period. The growing synthesis of chemicals like benzaldehyde, benzoyl peroxide, phenol, and glycol dibenzoate increases demand for benzoic acid. The increasing need for enhancing flexibility in plastics and the growing use of coatings require benzoic acid. The rise in the development of sealants, paints, and adhesives requires benzoic acid, supporting the overall market growth.  

Regional Insights

The Asia Pacic benzoic acid market size was valued at USD 1.02 billion in 2025 and is expected to reach USD 1.65 billion by 2035, growing at a CAGR of 4.93% from 2026 to 2035. Asia Pacic dominated the market in 2025. The rapid growth in frozen & processed foods and the surge in industrial activities in countries like India & China increase demand for benzoic acid. The well-developed chemical manufacturing hub and expansion of animal feed, especially in India, increase the adoption of benzoic acid. The increasing health awareness among consumers and the development of drug formulations require benzoic acid. The expansion of agrochemicals and the rapid growth in the healthcare sector require benzoic acid, driving the overall growth of the market.

Industrial Growth: China Anchoring Benzoic Acid Production

China is a major contributor to the market. The well-established industrial base and high consumption of processed food require benzoic acid. The increasing use of personal care products and a strong focus on the preservation of foods increase demand for benzoic acid. The growing applications, like drug formulations, plasticizers, and alkyd resins, increase the adoption of benzoic acid. The growing concerns of food safety and high consumption of chemicals require benzoic acid, supporting the overall market growth. 

• China exported 6,871 shipments of benzoic acid. 

North America Benzoic Acid Market Trends

North America is experiencing the fastest growth in the market during the forecast period. The growing consumer consumption of processed beverages and the rise in the development of medicinal products increase demand for benzoic acid. The increased utilization of beauty products and the shift towards benzoate plasticizers requires benzoic acid. The surge in construction activities and the presence of advanced manufacturing increase the adoption of benzoic acid. The presence of advanced industrial infrastructure and stringent product safety regulations drives the market growth. 

Benzoic Acid Brilliance: United States Powering Global Supply

The United States is a key contributor to the market. The well-established food & beverage infrastructure and stricter regulations on food safety increase demand for benzoic acid. The increased synthesis of antiseptics & drugs and the growing use of deodorants, face wash & shampoos require benzoic acid. The robust industrial infrastructure and presence of major players like Emerald Kalama & Eastman Chemical Company support the overall market growth.  

Europe Benzoic Acid Market Trends

Europe is growing at a notable rate in the market. The strong presence of industries like food processing, personal care, and pharmaceuticals, and extensive processed food consumption, increases demand for benzoic acid. The well-established manufacturing base in Germany and the shift towards sustainable benzoic acid production processes drive the overall growth of the market.  

Powering Edge: Germany at the Helm of Benzoic Acid Growth

Germany is growing at a significant rate in the market. The rapid growth in industries like paints & coatings and the robust presence of the pharmaceutical sector increase demand for benzoic acid. The high consumer consumption of ready-to-eat foods and the expansion of cosmetic products require benzoic acid. The stringent EU regulations for food additives and the focus on sustainable chemical development support the overall market growth.   

• From June 2024 to May 2025, Germany exported 572 shipments of benzoic acid. 

Middle East & Africa Benzoic Acid Market Trends

The Middle East & Africa are growing significantly in the market. The changing consumer lifestyle and high consumption of packaged food items increase demand for benzoic acid. The strengthening of industrial capabilities in nations like the United Arab Emirates & Saudi Arabia and the active government focus on chemical production activities, create demand for benzoic acid. The increasing healthcare needs and the accelerating chemical industry increase demand for benzoic acid, driving the overall market growth. 

Benzoic Hub: Saudi Arabia Sparking Benzoic Acid Expansion

Saudi Arabia is growing in the market. The strongest footprint of the pharmaceutical operations and the robust intake of processed food products heighten demand for benzoic acid. The increasing domestic demand for cosmetic products, shampoos, & other products and expanding manufacturing base requires benzoic acid. The strong focus on food safety and government support for domestic chemical production increases demand for benzoic acid, fueling the overall growth of the market.  

South America Benzoic Acid Market Trends

South America is growing substantially in the market. The high production of deodorants, creams, and shampoos, and increased consumption of frozen beverages & food items, increases demand for benzoic acid. The broadening pharmaceutical sector and high spending on personal care products increase demand for benzoic acid. The surging automotive and construction sector increases the adoption of benzoic acid for the development of benzoate plasticizers, supporting the overall growth of the market. 

Brazil Powering Supply of Benzoic Acid 

Brazil is growing significantly in the market. The increased spending on processed foods and the development of pharmaceutical products like analgesics & antiseptics requires benzoic acid. The extensive presence of the cosmetic industry and well-developed infrastructure for chemical manufacturing increases demand for benzoic acid. The high reliance on personal care items and surging industrial activities requires benzoic acid, driving the overall market growth.   

Recent Developments

• In September 2025, Lanxess focuses on reducing its CO2 footprint for benzoic acid in the Botlek site, Netherlands. The site produces raw material using the mass balance method and supports decarbonization goals.(Source: www.indianchemicalnews.com )
• In December 2023, SINTEZA S.A. manufactured an extra pure version of benzoic acid. The purity of benzoic acid is 99.94% and the company focuses on enhancing production capacity.(Source: sinteza.ro )

Top Companies List

• Shri Hari Chemicals: The India-based company manufactures benzoic acid derivatives like PNBA, PABA, and MABA to serve sectors like cosmetics and pharmaceuticals. 
• SINTEZA S.A.: The Romanian chemical manufacturing company produces liquid & flakes of benzoic acid and supplies high-purity benzoic acid for various applications like corrosion inhibitors, food preservation, polymer additives, and animal feed. 
• Chemcrux Enterprises Ltd: The India-based company supplies and manufactures benzoic acid derivatives like PCBA, PNBA, dichlorobenzoic acid, & others for the production of pigments, bulk drugs, and dyes. 

Top Benzoic Acid Market Companies

• Chemcrux Enterprises Ltd
• SINTEZA S.A.
• Shri Hari Chemicals
• Ganesh Benzoplast Ltd.
• Eastman Chemical Company
• Lanxess
• Emerald Kalama Chemical
• Shreeji Pharma International
• Velsicol Chemical, LLC
• Hemadri Chemicals
• Global Pharmachem
• Uma Chem
• Kesar Chemicals
• Swati Enterprises
• Seema Biotech
• Shree Ram Chemsource
• Shiv Chemicals
• Novaphene 
• BASF SE

Segments Covered

By Form

• Liquid
• Anhydrous

By Application

• Sodium Benzoate
• Benzyl Benzoate
• Potassium Benzoate
• Benzoate Plasticizers
• Benzoyl Chloride
• Alkyd Resin
• Feed Additives
• Others

By End-Use

• Food & Beverage
• Chemical
• Cosmetics and Personal Care
• Pharmaceuticals
• Others

By Region

• North America
  
  • U.S.
  • Canada
  • Mexico
• Europe
  
  • Germany
  • UK
  • France
  • Italy
  • Spain
• Asia Pacific
  
  • China
  • India
  • Japan
  • South Korea
• Latin America
  
  • Brazil
  • Argentina
• Middle East & Africa
  
  • Saudi Arabia
  • South Africa