Sodium Acetate Market
The market for Sodium Acetate was estimated at $235 million in 2024; it is anticipated to increase to $343 million by 2030, with projections indicating growth to around $470 million by 2035.
Global Sodium Acetate Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Sodium Acetate industry revenue is expected to be around $250.5 million in 2025 and expected to showcase growth with 6.5% CAGR between 2025 and 2034. Is now expected to experience significant growth ahead due to its ability to bring about substantial changes across different sectors of the industry. With its role in numerous industrial procedures and its widespread use this common compound is on track to become a key player attract investment and revolutionize traditional strategies, within the field.
Sodium Acetate touts an impressive profile, known for its prominent role in the pharmaceutical industry, textile industry, and food preservation, among others. A recent uptick in demand for food preservatives and growing investment in the pharmaceutical sector have notably propelled the sodium acetate market upward.
Market Key Insights
- The Sodium Acetate market is projected to grow from $235.2 million in 2024 to $442 million in 2034. This represents a CAGR of 6.5%, reflecting rising demand across Food Industry, Leather Tanning and Medical.
- Niacet Corporation, Changshu Nanhu Chemical Co. Ltd, Tokyo Chemical Industry Co. Ltd are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Sodium Acetate market and are expected to observe the growth CAGR of 4.2% to 6.2% between 2024 and 2030.
- Emerging markets including Vietnam, Turkey and South Africa are expected to observe highest growth with CAGR ranging between 7.5% to 9.0%.
- Shift Towards Green Chemistry transition is widening cross-selling opportunities across the Sodium Acetate industry ecosystem, helping companies drive stronger adoption of their full product portfolio. This ecosystem pull-through is projected to add $4 million to Sodium Acetate industry product sales in 2025.
- The Sodium Acetate market is set to add $206 million between 2024 and 2034, with manufacturer targeting Chemical Industry & Pharmaceutical Industry End-Use Industries projected to gain a larger market share.
- With Increasing demand in food industry, and Rising use in leather tanning, Sodium Acetate market to expand 88% between 2024 and 2034.