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Global Sodium Nitrite Market Insight2022-01-05 Comments
According to the World Knowledge Information (WKI) Global Sodium Nitrite Professional Survey Report 2021, Forecast to 2026, the global Sodium Nitrite market is expected to grow at a compound annual growth rate of 3.5% during the forecast period. The main applications of sodium nitrite are meat processing and pharmaceuticals. The application market of sodium nitrite is wide, and the good development of the main terminal industries will have a positive impact on the growth of sodium nitrite.
“Sodium nitrite has a wide range of applications in the market, and it will also have a certain impact on human health. Sodium nitrite should avoid contact with the body during transportation and storage to avoid unnecessary harm.” said Elvis, a senior analyst at the WKI Chemical and Materials Market Research Center.
Sodium nitrite is an inorganic compound. From an industrial point of view, it is the most important nitrite. The most common market use of sodium nitrite is in the food processing industry as an additive to meat products. Compared with other products, sodium nitrite has a very good performance in terms of practicality and aesthetics. The good development of the food industry has promoted the growth of demand for sodium nitrite. The market is expected to show moderate growth in the near future.
The fluctuation of raw material prices and the implementation of strict global trade regulations are the main constraints affecting the growth of the sodium nitrite market. In addition, excessive sodium nitrite can cause cancer. Sodium nitrite reacts with amines in food during cooking and digestion, producing carcinogenic nitrosamine compounds. The adverse effects on human health will also limit the growth of the sodium nitrite market.
The sodium nitrite market involves a wide range of industries and the number of market participants is large, so the entire market is relatively fragmented. The global key players in the market include BASF, Concern Stirol, Deepak nitrite ltd, Hualong Ammonium Nitrate Co., Ltd. and others.
Segmentation of Sodium Nitrite Market:
Base on the grade, sodium nitrite can be divided into food grade and industrial grade. Food-grade sodium nitrite dominates. Sodium nitrite is widely used in processed meat products such as sausages, bacon, ham, canned seafood, etc., as a preservative. As the demand for meat products increases, so does the demand for sodium nitrite. The increasing demand for food additives in the food industry is also expected to drive the demand for sodium nitrite.
According to the application industry, it is mainly divided into food industry, rubber industry, pharmaceutical industry, etc. Among them, the food industry market occupies a larger share. Sodium nitrite is one of the widely used food preservatives in the market. Preferentially, in the meat preservation process, it imparts reddish-pink color to the meat as well. The demand for sodium nitrite from meat processing is expected to remain moderate with the growing developments of alternate preservatives.
Sodium Nitrite Market: Regional Analysis
On the basis of region, the global sodium nitrite Market has been categorized as North America,Europe, Asia-Pacific,Latin America, and the Middle East& Africa. North America occupies a major share of the sodium nitrite market. The continuous increase in meat production in North America has boosted the demand for sodium nitrite. Add to this the growth of healthcare facilities in these regions and the sodium nitrite market in these regions demonstrates a healthy outlook for the future.
Largest share area：North America
Largest share country：the United States