Global Sodium Benzoate Market Industry Forecast Report 2018-2028: Key Market Trends in Clean-Label Preservatives, Focus on Microbial Safety and Technological Innovations in Preservation [Y...
Avantor, Inc. (AVTR)
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Source: Yahoo! Finance
The Global Sodium Benzoate Market is experiencing significant growth, driven by its crucial role in the extending shelf life of processed foods and beverages. A new comprehensive analysis reveals the market's projected trajectory, showcasing an expected expansion at a Compound Annual Growth Rate (CAGR) of 6.01% from its valuation of USD 1.24 billion in 2022 through to 2028. This upsurge is attributed to the increasing consumer preference for preserved foodstuffs, the burgeoning beverage industry, and greater awareness of food safety protocols. Key market drivers, such as the rising demand for processed foods due to changing lifestyles and urbanization, coupled with advancing globalization, are key contributors to the market's growth. Sodium benzoate, serving as an effective antimicrobial agent, ensures the safety and longevity of food and drink in the food and beverage sector, which dominated the market share in 2022. Furthermore, the cosmetic segment is anticipated to exhibit th
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- Avantor, Inc. (NYSE:AVTR) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Avantor (AVTR) Q1 Earnings Surpass Estimates, Margins Down [Yahoo! Finance]Yahoo! Finance
- Avantor, Inc. (NYSE: AVTR) had its price target lowered by analysts at Robert W. Baird from $27.00 to $26.00. They now have an "outperform" rating on the stock.MarketBeat
- Avantor® Reports First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Avantor® Reports First Quarter 2024 ResultsPR Newswire
AVTR
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- 4/26/24 - Beat
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- 4/26/24 - Form 10-Q
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- 4/18/24 - Form 4
- AVTR's page on the SEC website