According to Cognitive Market Research, the global Benzaldehyde Market size will be USD 235.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 4.20% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 94.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.4%from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 70.65 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 54.17 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 11.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.6% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 4.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.9% from 2024 to 2031.
The food & beverages category is the fastest growing segment of the Benzaldehyde industry
