The global sodium nitrite market is anticipated to reach a valuation of US$ 612.9 Mn by the end of 2032, exhibiting an average CAGR of 4.3% for the forecast period of 2022 to 2032. The sodium nitrite market is expected to reach an estimated US$ 401.76 Mn in 2022. The accelerated rise in demand for sodium nitrite in meat curing applications along with its rising usage in other industry verticals like pharmaceutical, food & beverage, textile, and others promote growth for the sodium nitrite market.

The growing inclination for organic products has resulted in farmers opting for organic farming techniques. Consequently, a considerable rise in the sales of sodium nitrite has been noted. The governments of various countries across the world also promote organic farming which has enhanced market prospects for sodium nitrite. Additionally, rising awareness of the adverse effects of chemical fertilizers is also opening up multiple market avenues for sodium nitritae.

Since sodium nitrite is primarily used as a preservative, its demand in sectors like food and beverage and meat processing is quite high. It also acts as a color fixative and deters the growth of harmful bacteria which propels its demand in the meat processing industry. The pharmaceutical industry, too, is responsible for the target market expansion.

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“Surging demand from the meat processing industry along with growing inclination for organic products will likely augment the growth of the market over the forecast period,” says an FMI analyst.  

Key Takeaways:

·         Illnesses associated with excess consumption of sodium nitrite impede market growth.

·         Asia Pacific dominates the market accounting for 74.3% of market revenue in 2022.

·         Food & beverage sector to propel market growth in China.

·         In 2022, Europe is the second largest market revenue generator.

·         By application, food additives segment is leading the market.

Key Segments  

By Application:

·         Food & Beverages

·         Corrosion Inhibitors

·         Dyes & pigments

·         Pharmaceuticals

·         Others

More Insights into the Sodium Nitrite Market Report

In its latest report, FMI offers an unbiased analysis of the global sodium nitrite market, providing historical data and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented based on application (food & beverage, corrosion inhibitors, dyes and pigments, pharmaceuticals, others), and region.