Global Sodium Bicarbonate (Sodium Hydrogen Carbonate) Market 2023-2029

Sodium bicarbonate, also known as sodium hydrogen carbonate, is a chemical compound with the formula NaHCO3. It is a salt composed of a sodium cation and a bicarbonate anion. Sodium bicarbonate is most often used in the food industry as a leavening agent and is found in foods such as breads, rolls, cookies and other baked goods. It is also used to control the acid-base balance, or as an abrasive and deodorant agent in cosmetics and personal care products. Sodium bicarbonate is also a major food additive, and used as an active pharmaceutical ingredient. The global sodium bicarbonate market was estimated at USD 1,374 million in 2022 and is expected to hit USD 1,820 million by 2029, registering a CAGR of 4.1% from 2023 to 2029 as per the latest report by Gen Consulting Company.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global sodium bicarbonate market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the grade, form, end user, and region. The global market for sodium bicarbonate can be segmented by grade: feed grade, food grade, pharmaceutical grade, technical grade. The technical grade sodium bicarbonate segment held the largest share of the global sodium bicarbonate market in 2022 and is anticipated to hold its share during the forecast period. Sodium bicarbonate market is further segmented by form: powder/crystal, liquid. Globally, the sodium bicarbonate powder/crystal segment made up the largest share of the sodium bicarbonate market. Based on end user, the sodium bicarbonate market is segmented into: agriculture, chemicals, food & beverages, household, personal care & cosmetics, pharmaceuticals, textile & leather, others. The food & beverages segment was the largest contributor to the global sodium bicarbonate market in 2022. On the basis of region, the sodium bicarbonate market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Asia-Pacific is estimated to account for the largest share of the global sodium bicarbonate market.

Market Segmentation
By grade: feed grade, food grade, pharmaceutical grade, technical grade
By form: powder/crystal, liquid
By end user: agriculture, chemicals, food & beverages, household, personal care & cosmetics, pharmaceuticals, textile & leather, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The report also provides a detailed analysis of several leading sodium bicarbonate market vendors that include AGC Inc., Bashkirian Chemistry, Trade House, Ltd., Church & Dwight Co., Inc., CIECH S.A., Ciner Resources Corporation, Crystal Mark, Inc., GHCL Limited, Haohua Honghe Chemical Co., Ltd. (China Haohua Chemical (Group) Corporation), Hengyang Hailian Salt Solution Chemistry Co., Ltd., Hunan Yuhua Chemical Group Co. Ltd., Inner Mongolia Yuan Xing Energy Co., Ltd., JSC Bashkir Soda Company (JSC BSC), Kazan Soda Elektrik Uretim A.S., Natural Soda, LLC., Novacarb SPAS, Opta Minerals Inc, SEQENS SAS, Shandong Haitian Bio-Chemical Co., Ltd., Sisecam Group, Solvay S.A., Tata Chemicals Limited, Tianjin Changlu Haijing Group Co., Ltd., Tokuyama Corporation, Tosoh Corporation, Vitro, S.A.B. de C.V., Wuhai Xinye Chemical Industry Co., Ltd., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
• To analyze and forecast the market size of the global sodium bicarbonate market.
• To classify and forecast the global sodium bicarbonate market based on grade, form, end user, region.
• To identify drivers and challenges for the global sodium bicarbonate market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global sodium bicarbonate market.
• To identify and analyze the profile of leading players operating in the global sodium bicarbonate market.

Why Choose This Report
• Gain a reliable outlook of the global sodium bicarbonate market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.