Sodium Hexametaphosphate Market Growth Accelerated by Food Industry Demand
Sodium hexametaphosphate is commonly used as a preservative and sequestrant in a wide range of food products, due to its acidity regulating and chelating properties. It prevents the discoloration of meat and fish, controls crystallization in confections, enhances texture in baked goods, and improves the stability and clarity of food dyes and flavors. The global sodium hexametaphosphate market is estimated to be valued at US$ 1,501.17 Mn in 2023 and is expected to exhibit a CAGR of 4.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The rise in demand from the food industry has accelerated growth of the sodiumhexametaphosphate market over the forecast period. Sodium hexametaphosphate acts as an effective additive in various processed food products to increase their shelf life by preventing microbial growth. It also improves texture, stabilization and enhances flavors in foods. The growing packaged f...