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Sodium Bicarbonate Market Trends

Report ID: GMI2386
Published Date: Nov 2024
Report Format: PDF

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Sodium Bicarbonate Market Trends

The market is seeing a shift toward sustainability, with increased use in environmental applications like flue gas treatment and wastewater management, driven by stricter regulations. Rising consumer demand for natural and chemical-free products is also boosting its presence in personal care and pharmaceutical items, such as toothpaste and antacids. The food industry continues to adopt sodium bicarbonate as a versatile ingredient in baking and organic products. Additionally, its role in animal feed is growing, supported by the expanding livestock industry. These trends are collectively driving steady market growth.

Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

The global market size for sodium bicarbonate was valued at USD 6.5 billion in 2023 and is expected to reach USD 9.2 billion by 2032, driven by a CAGR of over 3.8% from 2024 to 2032.

The food & beverage sector held a 22.7% market share in 2023, driven by its widespread applications in food processing and preservation.

The U.S. market was valued at USD 598.3 million in 2023, driven by its large-scale industrial production capacity and strong demand across diverse industries.

Major players in the industry include CIECH, Ciner Group, Church & Dwight, Crystal Mark, FMC, Haohua Honghe Chemical, Natural Soda, and Opta Minerals.