The global potassium metabisulfite market is projected to exceed US$ 393.9 million in 2023 and grow at a CAGR of 4.4%, reaching an estimated US$ 605.8 million by the end of 2033.

As of late 2022, potassium metabisulfite sales for food processing represented approximately 71% of the global market share. The primary driver of this growth is the strong demand from the wine industry, where potassium metabisulfite is essential for preserving the original taste and color of the wine. This trend is expected to significantly boost sales of potassium metabisulfite in the coming years.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.factmr.com/connectus/sample?flag=S&rep_id=1357

Country-wise Insights

The United States leads the world in wine consumption, with per capita consumption exceeding 3.1 gallons annually. The cold climate in the U.S. has heightened the demand for various alcoholic beverages to help maintain body temperature.

The rising young population, along with evolving lifestyles and increased interest in alcohol, has driven up the demand for potassium metabisulfite. In addition to its use in the wine industry, there has been a significant rise in the demand for juices, with the U.S. juice market surpassing US$ 13 billion in 2021. Potassium metabisulfite is widely used in juice preservation, further boosting its demand.

Currently, the U.S. market for potassium metabisulfite is valued at US$ 89.8 million and is projected to grow at a CAGR of 4.8% through 2033.

Category-wise Insights

Manufacturers are prioritizing the development of different grades of potassium metabisulfite, including food grade, technical grade, and industrial grade, to meet the needs of various end-use industries. Food-grade potassium metabisulfite is particularly popular for its roles as a preservative and bleaching agent, with applications spanning wine preservation, juice and pickle preservation, and coconut cream production.

The demand for food-grade potassium metabisulfite is expected to grow at a CAGR of 4.8% from 2023 to 2033.

Read More: https://www.factmr.com/report/1357/potassium-metabisulfite-market

Competitive Landscape

Key manufacturers in the potassium metabisulfite market include Aditya Birla Group, Alkaloid AD Skopje, Anmol Chemicals Group, BASF SE, Esseco Group, Foodoric Group of Companies, Jay Dinesh Chemicals, Kodia Company Ltd., Shakti Chemicals, Triveni Chemicals, Vynova, and Laffort.

Major players are concentrating on producing various grades of potassium metabisulfite, including food grade, technical grade, and industrial grade, to cater to different end-use industries. To maintain steady demand, these manufacturers have established long-term supply agreements with end users.

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=1357

Segmentation of Potassium Metabisulfite Industry Research

By Form :
Liquid
Solid
Powder
Crystal
By Grade :
Technical Grade
Food Grade
Industrial Grade
By Function :
Preservative
Bleaching Agent
Antioxidant
Intermediate
Others
By Application :
Food Processing
Wine Preservation
Juice and Pickle Preservation
Coconut Cream Production
Dehydrated Foods Preservation
Others
Textile Printing & Dyeing
Gold Precipitation
others
By Region :
North America
Latin America
Europe
East Asia
South Asia & Oceania
MEA
𝐂𝐨𝐧𝐭𝐚𝐜𝐭:

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