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.
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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.
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