| Product Code: ETC7424310 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Guyana`s sodium benzoate import market in 2024 continued to be dominated by key suppliers such as the USA, Trinidad and Tobago, and Ukraine. Despite a notably high concentration level indicated by the HHI, the market experienced a significant decline in growth from 2020 to 2024, with a compound annual growth rate of -26.43%. The negative growth trend persisted in 2024, with a steep decline of -84.33% compared to the previous year. This data suggests a challenging landscape for sodium benzoate importers in Guyana, potentially signaling shifts in market dynamics and demand.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Guyana Sodium Benzoate Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Sodium Benzoate Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Sodium Benzoate Market - Industry Life Cycle |
3.4 Guyana Sodium Benzoate Market - Porter's Five Forces |
3.5 Guyana Sodium Benzoate Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Guyana Sodium Benzoate Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Guyana Sodium Benzoate Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Guyana Sodium Benzoate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sodium benzoate as a preservative in food and beverage industry |
4.2.2 Growth in the pharmaceutical industry driving the demand for sodium benzoate as an excipient |
4.2.3 Rising awareness about food safety and quality leading to higher consumption of sodium benzoate |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of sodium benzoate |
4.3.2 Stringent regulations and standards governing the use of food additives like sodium benzoate |
4.3.3 Competition from alternative preservatives impacting the market growth |
5 Guyana Sodium Benzoate Market Trends |
6 Guyana Sodium Benzoate Market, By Types |
6.1 Guyana Sodium Benzoate Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Guyana Sodium Benzoate Market Revenues & Volume, By Form, 2021- 2031F |
6.1.3 Guyana Sodium Benzoate Market Revenues & Volume, By Powder, 2021- 2031F |
6.1.4 Guyana Sodium Benzoate Market Revenues & Volume, By Granules, 2021- 2031F |
6.1.5 Guyana Sodium Benzoate Market Revenues & Volume, By Flakes, 2021- 2031F |
6.1.6 Guyana Sodium Benzoate Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Guyana Sodium Benzoate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Guyana Sodium Benzoate Market Revenues & Volume, By Antifungal Agent, 2021- 2031F |
6.2.3 Guyana Sodium Benzoate Market Revenues & Volume, By Antimicrobial Agent, 2021- 2031F |
6.2.4 Guyana Sodium Benzoate Market Revenues & Volume, By Rust and Corrosion Inhibitor, 2021- 2031F |
6.2.5 Guyana Sodium Benzoate Market Revenues & Volume, By Preservative, 2021- 2031F |
6.2.6 Guyana Sodium Benzoate Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Guyana Sodium Benzoate Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Guyana Sodium Benzoate Market Revenues & Volume, By Food & Beverages, 2021- 2031F |
6.3.3 Guyana Sodium Benzoate Market Revenues & Volume, By Cosmetics, 2021- 2031F |
6.3.4 Guyana Sodium Benzoate Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.3.5 Guyana Sodium Benzoate Market Revenues & Volume, By Others, 2021- 2031F |
7 Guyana Sodium Benzoate Market Import-Export Trade Statistics |
7.1 Guyana Sodium Benzoate Market Export to Major Countries |
7.2 Guyana Sodium Benzoate Market Imports from Major Countries |
8 Guyana Sodium Benzoate Market Key Performance Indicators |
8.1 Percentage of new product launches containing sodium benzoate |
8.2 Growth in the number of food and beverage companies using sodium benzoate in their products |
8.3 Number of regulatory approvals for the use of sodium benzoate in different industries |
9 Guyana Sodium Benzoate Market - Opportunity Assessment |
9.1 Guyana Sodium Benzoate Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Guyana Sodium Benzoate Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Guyana Sodium Benzoate Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Guyana Sodium Benzoate Market - Competitive Landscape |
10.1 Guyana Sodium Benzoate Market Revenue Share, By Companies, 2024 |
10.2 Guyana Sodium Benzoate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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