| Product Code: ETC5247692 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Hong Kong`s import shipments of benzoates in 2024 continued to see significant growth, with the top exporting countries being the USA, Malaysia, China, Netherlands, and Taiwan, Province of China. The market exhibited very high concentration levels, indicating a strong dominance by key players. The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 12.54%, showcasing a robust and expanding market. Moreover, the growth rate from 2023 to 2024 spiked to 61.88%, underlining the accelerating pace of import activities in the benzoates sector in Hong Kong.
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 Hong Kong Benzoates Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Benzoates Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Benzoates Market - Industry Life Cycle |
3.4 Hong Kong Benzoates Market - Porter's Five Forces |
3.5 Hong Kong Benzoates Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Hong Kong Benzoates Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Hong Kong Benzoates Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for food preservatives and additives in the food and beverage industry |
4.2.2 Growing awareness about the benefits of benzoates in extending shelf life of products |
4.2.3 Rising adoption of benzoates in pharmaceuticals for preserving medicines |
4.3 Market Restraints |
4.3.1 Stringent regulations and guidelines regarding the permissible levels of benzoates in food products |
4.3.2 Health concerns related to the consumption of benzoates in high quantities |
5 Hong Kong Benzoates Market Trends |
6 Hong Kong Benzoates Market Segmentations |
6.1 Hong Kong Benzoates Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Benzoates Market Revenues & Volume, By Potassium Benzoate, 2021-2031F |
6.1.3 Hong Kong Benzoates Market Revenues & Volume, By Sodium Benzoate, 2021-2031F |
6.1.4 Hong Kong Benzoates Market Revenues & Volume, By Other, 2021-2031F |
6.2 Hong Kong Benzoates Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Benzoates Market Revenues & Volume, By Food, 2021-2031F |
6.2.3 Hong Kong Benzoates Market Revenues & Volume, By Drink, 2021-2031F |
6.2.4 Hong Kong Benzoates Market Revenues & Volume, By Other Applications, 2021-2031F |
7 Hong Kong Benzoates Market Import-Export Trade Statistics |
7.1 Hong Kong Benzoates Market Export to Major Countries |
7.2 Hong Kong Benzoates Market Imports from Major Countries |
8 Hong Kong Benzoates Market Key Performance Indicators |
8.1 Percentage of food manufacturers using benzoates in their products |
8.2 Number of new product launches containing benzoates |
8.3 Growth rate of the food and beverage industry in Hong Kong |
8.4 Rate of compliance with regulations related to benzoate usage |
8.5 Consumer perception and acceptance of benzoates in food and pharmaceutical products |
9 Hong Kong Benzoates Market - Opportunity Assessment |
9.1 Hong Kong Benzoates Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Hong Kong Benzoates Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Hong Kong Benzoates Market - Competitive Landscape |
10.1 Hong Kong Benzoates Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Benzoates Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |