Disodium Succinate Market Size & Growth Report to 2030

The global disodium succinate market size is anticipated to register a significant CAGR of 5.5% from 2023 to 2030. The growth of the market is driven by the increasing demand for disodium succinate in food, pharmaceutical, personal care, and industrial applications. Disodium succinate is used as a food additive in a variety of applications, such as a flavor enhancer, humectant, and chelating agent. It is also used in a variety of pharmaceutical products, such as tablets, capsules, and injectables. Disodium succinate is also used in a variety of personal care products, such as cosmetics, soaps, and shampoos. In industrial applications, disodium succinate is used in water treatment and metalworking.

The Asia-Pacific region is the largest market for disodium succinate, followed by North America and Europe. The growth of the market in these regions is driven by the increasing demand for disodium succinate in food, pharmaceutical, personal care, and industrial applications.

Market Snapshot:

Market Drivers:

Increasing demand for disodium succinate in food applications: Disodium succinate is used as a food additive in a variety of applications, such as a flavor enhancer, humectant, and chelating agent. The increasing demand for processed foods is driving the demand for disodium succinate in food applications.

Increasing demand for disodium succinate in pharmaceutical applications: Disodium succinate is used in a variety of pharmaceutical products, such as tablets, capsules, and injectables. The increasing demand for new drugs and the growing geriatric population are driving the demand for disodium succinate in pharmaceutical applications.

Increasing demand for disodium succinate in personal care applications: Disodium succinate is used in a variety of personal care products, such as cosmetics, soaps, and shampoos. The increasing demand for personal care products is driving the demand for disodium succinate in personal care applications.

Increasing demand for disodium succinate in industrial applications: Disodium succinate is used in a variety of industrial applications, such as water treatment and metalworking. The increasing demand for clean water and the growing demand for metalworking are driving the demand for disodium succinate in industrial applications.

Market Challenges:

Stringent regulations: Disodium succinate is regulated by various government agencies in different countries. These regulations could hinder the growth of the market in some regions.

Availability of substitutes: There are some substitutes available for disodium succinate, such as sodium citrate and potassium citrate. The availability of these substitutes could pose a challenge to the growth of the market.

Price volatility: The price of disodium succinate is volatile and could be affected by factors such as raw material prices and exchange rates. This volatility could hinder the growth of the market.

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Market Insights:

Market Analysis by Form:

The global disodium succinate market is bifurcated into form, application, and geography. on the basis of form, the market is further segmented into powder, liquid, and granules. The powder segment dominated the global market in the benchmark year and is estimated to hold the largest revenue share of around 2/3 market share by the end of the analysis period. The powder form is the most common form of disodium succinate and is used in a variety of applications, such as food, pharmaceuticals, personal care, and industrial.

The dominance of the powder form is due to its versatility and wide range of applications. The powder form is easy to dissolve and does not add any flavor or color to the food. It is also easy to measure and dispense, which makes it ideal for pharmaceutical applications. The liquid and granules forms are less common, but they are becoming increasingly popular in certain applications. For example, the liquid form is becoming more popular for food applications, as it is easier to measure and dispense. The granules form is becoming more popular for industrial applications, as it is easier to handle and store.

Powder: The powder form is the most common form of disodium succinate. It is a white, odorless, and tasteless powder that is soluble in water. The powder form is used in a variety of applications, such as food, pharmaceuticals, personal care, and industrial.

Liquid: The liquid form of disodium succinate is less common than the powder form. It is a clear, colorless, and odorless liquid that is soluble in water. The liquid form is used in some food and pharmaceutical applications.

Granules: The granules form of disodium succinate is the least common form. It is a white, odorless, and tasteless granules that are soluble in water. The granules form is used in some industrial applications.

Market Analysis by Application:

On the basis of application, the global disodium succinate market is further segmented into food and beverage, pharmaceutical, personal care, and others. The food and beverage segment is the largest segment, accounting for the largest share of the market. Disodium succinate is used in a variety of food and beverage applications, such as a flavor enhancer, humectant, and chelating agent. The pharmaceutical segment is the second largest segment, and disodium succinate is used in a variety of pharmaceutical products, such as tablets, capsules, and injectables. The personal care segment is the third largest segment, and disodium succinate is used in a variety of personal care products, such as cosmetics, soaps, and shampoos. The others segment includes industrial applications, such as water treatment and metalworking.

Food and beverage: Disodium succinate is used in a variety of food and beverage applications, such as a flavor enhancer, humectant, and chelating agent. As a flavor enhancer, it is used to improve the taste of food and beverages. As a humectant, it is used to keep food and beverages moist. As a chelating agent, it is used to bind to metal ions and prevent them from spoiling food and beverages.

Pharmaceutical: Disodium succinate is used in a variety of pharmaceutical products, such as tablets, capsules, and injectables. It is used as a binder, lubricant, and disintegrant. As a binder, it helps to hold the ingredients of a pharmaceutical product together. As a lubricant, it helps to prevent the pharmaceutical product from sticking to the machinery during manufacturing. As a disintegrant, it helps the pharmaceutical product to break down in the stomach.

Personal Care: Disodium succinate is used in a variety of personal care products, such as cosmetics, soaps, and shampoos. It is used as a thickener, emollient, and chelating agent. As a thickener, it helps to make personal care products thicker and more viscous. As an emollient, it helps to keep the skin soft and smooth. As a chelating agent, it helps to bind to metal ions and prevent them from drying out the skin.

Others: The others segment includes industrial applications, such as water treatment and metalworking. Disodium succinate is used as a chelating agent in water treatment to remove metal ions from water. It is also used as a lubricant in metalworking to prevent metal from sticking to the machinery.

The disodium succinate market research report presents the analysis of each segment from 2020 to 2030 considering 2022 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2023 to 2030.

Historical & Forecast Period

• 2020-21 – Historical Year
• 2022 – Base Year
• 2023-2030 – Forecast Period

Market Segmentation:

By Form:

• Powder
• Liquid
• Granules

By Application:

• Food and Beverage
• Pharmaceutical
• Personal Care
• Others

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Regional Analysis:

Geographically, the Asia Pacific dominated the global disodium succinate market in 2022 and estimated to hold the largest revenue share of around 40% of the market. The Asia-Pacific region has emerged as the dominant force in the market, propelled by a convergence of cultural, economic, and culinary factors. Central to this dominance is the region’s rich culinary traditions, particularly in countries like Japan, South Korea, and China, where umami flavors are prized and celebrated. Disodium succinate’s ability to enhance these flavors aligns seamlessly with the palate preferences of Asian cuisine, establishing it as a sought-after ingredient.

Beyond cultural inclinations, the sheer size of the Asia-Pacific population and its growing appetite for processed foods and snacks significantly contributes to the ingredient’s prominence. As economies thrive and urbanization accelerates, there’s a notable surge in the consumption of packaged and convenience foods that utilize disodium succinate to elevate flavors. The region’s role as a global export hub for food products further amplifies the demand for this flavor enhancer, as Asian countries distribute a diverse array of processed foods to global markets.

Competitive Analysis:

Some of the prominent market players operating in the global disodium succinate market are BioAmber, Nippon Shokubai, Kawasaki Kasei Chemicals, Henan Kingway Chemicals, and Fortune International. Companies are exploring markets through expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Recent Developments:

• In 2022, BioAmber announced that it had signed a new supply agreement with a major food and beverage company. The agreement will provide the company with a long-term supply of disodium succinate for its food and beverage products.
• In 2022, Nippon Shokubai announced that it had developed a new process for producing disodium succinate. The new process is more efficient and cost-effective than the traditional process.
• In 2022, Fortune International announced that it had developed a new product line of disodium succinate for the personal care industry. The new product line is designed to meet the specific needs of the personal care industry.
• In 2021, Kawasaki Kasei Chemicals announced that it had expanded its production capacity for disodium succinate. The expansion will allow the company to meet the growing demand for disodium succinate from the food, pharmaceutical, and personal care industries.

Key Companies:

• BioAmber
• Nippon Shokubai
• Kawasaki Kasei Chemicals
• Henan Kingway Chemicals
• Fortune International
• Wuxi Yabang Chemical
• Suzhou Fortune Biotech
• Anhui Sunhere Biotechnology
• Zhejiang Sucrostar
• Tianjin Xiangyu Chemical

Key Questions Answered by Disodium Succinate Market Report

• Global disodium succinate market forecasts from 2023-2030
• Regional market forecasts from 2023-2030 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
• Country-level forecasts from 2023-2030 covering 15 major countries from the regions as mentioned above
• Disodium succinate submarket forecasts from 2023-2030 covering the market by form, application, and geography
• Various industry models such as SWOT analysis, Value Chain Analysis about the market
• Analysis of the key factors driving and restraining the growth of the global, regional, and country-level disodium succinate markets from 2023-2030
• Competitive Landscape and market positioning of top 10 players operating in the market