Product Code: TIPRE00006007
The sodium bicarbonate market is expected to grow from US$ 1596.37 million in 2021 to US$ 2133.33 million by 2028; it is expected to grow at a CAGR of 4.3% from 2021 to 2028.
Sodium bicarbonate is a chemical compound with the formula-NaHCO₃. It is widely used in food & beverages, chemical, pharmaceutical, agriculture, and cosmetic & personal care industries. The global market for sodium bicarbonate is mainly driven by the increasing consumption of different baked goods. Bread, biscuits, cookies, pastry, pies, desserts, and baked goods are commonly consumed globally. In addition, the growing food & beverages sector in various countries generates considerable demand for sodium bicarbonate, as it has a wide range of applications in the food & beverages industry. The sodium bicarbonate market growth is also driven by the rising demand for the product from the animal feed industry. Animal feed use is increasing with the continued growth of the dairy & chicken meat sectors. This is fueling the sodium bicarbonate market growth. Further, increasing demand for different cosmetics and personal care products is also boosting the market growth. In the personal care industry, sodium bicarbonate is used to aid in cleansing the skin. Further, many hair care product manufacturers use sodium bicarbonate as it can mix with oil and fat. Sodium bicarbonate reacts with odor-causing compounds and absorbs moisture, such as sweat. Hence, it is used as an ingredient in natural deodorants. However, the environmental impacts of sodium bicarbonate are hampering the market growth.
Based on grade, the global sodium bicarbonate market is segmented into food grade, pharmaceutical grade, feed grade, and technical grade and others. The technical grade and others segment held the largest share in the global sodium bicarbonate market in 2021. Technical grade sodium bicarbonate finds application in the commercial & industrial sectors. It is used as a chemical compound in cleaners and other products. It is not intended for applications, directly or indirectly, related to human consumption. Refined grade of sodium bicarbonate is used for various industrial applications, such as specialty chemical synthesis, high-quality dyes, leather, and metallurgy. The increasing use of technical grade sodium bicarbonate in various application fields propel its demand.
In 2021, Asia Pacific held the largest revenue share of the global sodium bicarbonate market. Australia, China, India, Japan, and South Korea are the key contributors to the sodium bicarbonate market in Asia Pacific. The high demand for sodium bicarbonate from food & beverages, agriculture, pharmaceutical, chemical, and cosmetics & personal care industries in the region is a major factor driving the growth of sodium bicarbonate. This region is one of the prominent markets for the utilization of sodium bicarbonate in the bakery & agriculture industries. The region's growing population has increased the need for food crops, which has fueled the usage of crop protection chemicals, including sodium bicarbonate, to increase agricultural productivity. The major players operating in the Asia Pacific sodium bicarbonate market include GHCL Limited; Solvay S.A.; and Ciech Group. In recent years, the major market players in the region have invested heavily in R&D initiatives. This significant increase in investment in research and development activity is expected to propel the sodium bicarbonate market growth.
Solvay S.A.; Tosoh Corporation; Burwell Technologies; All Chemical Manufacturing & Consultancy Pty Ltd; Pon Pure Chemicals Group; Church & Dwight, Inc.; Sisecam; AGC Inc.; Ciech S.A.; and GHCL Limited are a few of the major players operating in the global sodium bicarbonate market. Market players operating in the global sodium bicarbonate are constantly focusing on strategies such as investments in research and development activities. These market players are highly focused on the development of high-quality and innovative product offerings to fulfill customer requirements.
The size of the overall global sodium bicarbonate market has been derived using both primary and secondary source. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data as well as gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers-along with external consultants such as valuation experts, research analysts, and key opinion leaders-specializing in the sodium bicarbonate market.
Reasons to Buy:
Progressive industry trends in the sodium bicarbonate market to help players develop effective long-term strategies
Business growth strategies adopted by developed and developing markets
Quantitative analysis of the sodium bicarbonate market from 2021 to 2028
Estimation of the demand for sodium bicarbonate across various industries
Porter's Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict the market growth
Recent developments to understand the competitive market scenario and the demand for sodium bicarbonate compounds in Global.
Market trends and outlook coupled with factors driving and restraining the growth of the sodium bicarbonate market.
Decision-making process by understanding strategies that underpin commercial interest concerning the Global sodium bicarbonate market growth
The Global sodium bicarbonate market size at various nodes of market
Detailed overview and segmentation of sodium bicarbonate market as well as its dynamics in the industry
The sodium bicarbonate market size in different regions with promising growth opportunities
Table Of Contents
1. Introduction
- 1.1 The Insight Partners Research Report Guidance
- 1.2 Market Segmentation
- 1.2.1 Sodium Bicarbonate Market, by Grade
- 1.2.2 Sodium Bicarbonate Market, by Source
- 1.2.3 Sodium Bicarbonate Market, by Application
- 1.2.4 Sodium Bicarbonate Market, by Geography
2. Key Takeaways
3. Research Methodology
- 3.1 Scope of the Study
- 3.1.1 Sodium Bicarbonate Market, by Grade, Source, and Application
- 3.2 Research Methodology
- 3.2.1 Data Collection:
- 3.2.2 Primary Interviews:
- 3.2.3 Hypothesis formulation:
- 3.2.4 Macro-economic factor analysis:
- 3.2.5 Developing base number:
- 3.2.6 Data Triangulation:
- 3.2.7 Country level data:
4. Sodium Bicarbonate Market Landscape
- 4.1 Market Overview
- 4.2 Porter's Five Forces Analysis
- 4.2.1 Threat of New Entrants:
- 4.2.2 Bargaining Power of Suppliers:
- 4.2.3 Bargaining Power of Buyers:
- 4.2.4 Competitive Rivalry:
- 4.2.5 Threat of Substitutes:
- 4.3 Ecosystem Analysis
- 4.4 Expert Opinion
5. Sodium Bicarbonate Market - Key Market Dynamics
- 5.1 Market Drivers
- 5.2 Market Restraints
- 5.3 Market Opportunities
- 5.4 Future Trends
- 5.5 Impact Analysis of Drivers and Restraints
6. Sodium Bicarbonate - Global Market Analysis
- 6.1 Sodium Bicarbonate Market Overview
- 6.2 Sodium Bicarbonate Market -Revenue and Forecast to 2028 (US$ Mn)
- 6.3 Competitive Positioning - Key Market Players
7. Sodium Bicarbonate Market Analysis - By Grade
- 7.1 Overview
- 7.2 Sodium Bicarbonate Market, By Grade (2021 and 2028)
- 7.3 Food Grade
- 7.3.1 Overview
- 7.3.2 Food Grade: Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Million)
- 7.3.3 Food Grade: Sodium Bicarbonate Market - Volume and Forecast to 2028 (Tons)
- 7.4 Pharmaceutical Grade
- 7.4.1 Overview
- 7.4.2 Pharmaceutical Grade: Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Million)
- 7.4.3 Pharmaceutical Grade: Sodium Bicarbonate Market - Volume and Forecast to 2028 (Tons)
- 7.5 Feed Grade
- 7.5.1 Overview
- 7.5.2 Feed Grade: Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Million)
- 7.5.3 Feed Grade: Sodium Bicarbonate Market - Volume and Forecast to 2028 (Tons)
- 7.6 Technical Grade and Others
- 7.6.1 Overview
- 7.6.2 Technical Grade and Others: Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Million)
- 7.6.3 Technical Grade and Others: Sodium Bicarbonate Market - Volume and Forecast to 2028 (Tons)
8. Sodium Bicarbonate Market Analysis - By Form
- 8.1 Overview
- 8.2 Sodium Bicarbonate Market, By Form (2021 and 2028)
- 8.3 Powder
- 8.3.1 Overview
- 8.3.2 Powder: Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Million)
- 8.4 Liquid
- 8.4.1 Overview
- 8.4.2 Liquid: Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Million)
9. Sodium Bicarbonate Market Analysis - By End User
- 9.1 Overview
- 9.2 Sodium Bicarbonate Market, By End User (2021 and 2028)
- 9.3 Food and Beverage
- 9.3.1 Overview
- 9.3.2 Food and Beverage: Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Million)
- 9.4 Pharmaceutical
- 9.4.1 Overview
- 9.4.2 Pharmaceutical: Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Million)
- 9.5 Agriculture
- 9.5.1 Overview
- 9.5.2 Agriculture: Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Million)
- 9.6 Chemical
- 9.6.1 Overview
- 9.6.2 Chemical: Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Million)
- 9.7 Cosmetic and Personal Care
- 9.7.1 Overview
- 9.7.2 Cosmetic and Personal Care: Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Million)
- 9.8 Textile and Leather
- 9.8.1 Overview
- 9.8.2 Textile and Leather: Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Million)
- 9.9 Homecare
- 9.9.1 Overview
- 9.9.2 Homecare: Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Million)
- 9.10 Others
- 9.10.1 Overview
- 9.10.2 Others: Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Million)
10. Sodium Bicarbonate Market - Geographic Analysis
- 10.1 Overview
- 10.2 North America: Sodium Bicarbonate Market
- 10.2.1 North America: Sodium Bicarbonate Market -Revenue and Forecast to 2028 (US$ Million) (Tons)
- 10.2.2 North America: Sodium Bicarbonate Market, by Grade
- 10.2.3 North America: Sodium Bicarbonate Market, by Source
- 10.2.4 North America: Sodium Bicarbonate Market, by Application
- 10.2.5 North America: Sodium Bicarbonate Market, by Key Country
- 10.2.5.1 US: Sodium Bicarbonate Market-Analysis and Forecast to 2028 (US$ Million) (Tons)
- 10.2.5.1.1 US: Sodium Bicarbonate Market, by Grade
- 10.2.5.1.2 US: Sodium Bicarbonate Market, by Source
- 10.2.5.1.3 US: Sodium Bicarbonate Market, by Application
- 10.2.5.2 Canada: Sodium Bicarbonate Market-Analysis and Forecast to 2028 (US$ Million) (Tons)
- 10.2.5.2.1 Canada: Sodium Bicarbonate Market, by Grade
- 10.2.5.2.2 Canada: Sodium Bicarbonate Market, by Source
- 10.2.5.2.3 Canada: Sodium Bicarbonate Market, by Application
- 10.2.5.3 Mexico: Sodium Bicarbonate Market-Revenue and Forecast to 2028 (US$ Million) (Tons)
- 10.2.5.3.1 Mexico: Sodium Bicarbonate Market, by Grade
- 10.2.5.3.2 Mexico: Sodium Bicarbonate Market, by Source
- 10.2.5.3.3 Mexico: Sodium Bicarbonate Market, by Application
- 10.3 Europe: Sodium Bicarbonate Market
- 10.3.1 Europe: Sodium Bicarbonate Market - Analysis and Forecast to 2028 (USD Mn)
- 10.3.2 Europe: Sodium Bicarbonate Market, by Grade
- 10.3.3 Europe: Sodium Bicarbonate Market, by Source
- 10.3.4 Europe: Sodium Bicarbonate Market, by Application
- 10.3.5 Europe: Sodium Bicarbonate Market, by Key Country
- 10.3.5.1 Germany: Sodium Bicarbonate Market -Analysis and Forecast to 2028 (USD Mn)
- 10.3.5.1.1 Germany: Sodium Bicarbonate Market, by Grade
- 10.3.5.1.2 Germany: Sodium Bicarbonate Market, by Source
- 10.3.5.1.3 Germany: Sodium Bicarbonate Market, by Application
- 10.3.5.2 France: Sodium Bicarbonate Market -Analysis and Forecast to 2028 (USD Mn)
- 10.3.5.2.1 France: Sodium Bicarbonate Market, by Grade
- 10.3.5.2.2 France: Sodium Bicarbonate Market, by Source
- 10.3.5.2.3 France: Sodium Bicarbonate Market, by Application
- 10.3.5.3 UK: Sodium Bicarbonate Market -Analysis and Forecast to 2028 (USD Mn)
- 10.3.5.3.1 UK: Sodium Bicarbonate Market, by Grade
- 10.3.5.3.2 UK: Sodium Bicarbonate Market, by Source
- 10.3.5.3.3 UK: Sodium Bicarbonate Market, by Application
- 10.3.5.4 Italy: Sodium Bicarbonate Market -Analysis and Forecast to 2028 (USD Mn)
- 10.3.5.4.1 Italy: Sodium Bicarbonate Market, by Grade
- 10.3.5.4.2 Italy: Sodium Bicarbonate Market, by Source
- 10.3.5.4.3 Italy: Sodium Bicarbonate Market, by Application
- 10.3.5.5 Russia: Sodium Bicarbonate Market -Analysis and Forecast to 2028 (USD Mn)
- 10.3.5.5.1 Russia: Sodium Bicarbonate Market, by Grade
- 10.3.5.5.2 Russia: Sodium Bicarbonate Market, by Source
- 10.3.5.5.3 Russia: Sodium Bicarbonate Market, by Application
- 10.3.5.6 Rest of Europe: Sodium Bicarbonate Market -Analysis and Forecast to 2028 (USD Mn)
- 10.3.5.6.1 Rest of Europe: Sodium Bicarbonate Market, by Grade
- 10.3.5.6.2 Rest of Europe: Sodium Bicarbonate Market, by Source
- 10.3.5.6.3 Rest of Europe: Sodium Bicarbonate Market, by Application
- 10.4 Asia-Pacific: Sodium Bicarbonate Market
- 10.4.1 Asia- Pacific: Sodium Bicarbonate Market -Revenue and Forecast to 2028 (US$ Million) (Tons)
- 10.4.2 Asia-Pacific: Sodium Bicarbonate Market, By Grade
- 10.4.3 Asia-Pacific: Sodium Bicarbonate Market, by Source
- 10.4.4 Asia-Pacific: Sodium Bicarbonate Market, by Application
- 10.4.5 Asia- Pacific: Sodium Bicarbonate Market, by Key Country
- 10.4.5.1 Australia: Sodium Bicarbonate Market -Revenue and Forecast to 2028 (US$ Million) (Tons)
- 10.4.5.1.1 Australia: Sodium Bicarbonate Market, by Grade
- 10.4.5.1.2 Australia: Sodium Bicarbonate Market, by Source
- 10.4.5.1.3 Australia: Sodium Bicarbonate Market, by Application
- 10.4.5.2 China: Sodium Bicarbonate Market -Revenue and Forecast to 2028 (US$ Million) (Tons)
- 10.4.5.2.1 China: Sodium Bicarbonate Market, by Grade
- 10.4.5.2.2 China: Sodium Bicarbonate Market, by Source
- 10.4.5.2.3 China: Sodium Bicarbonate Market, by Application
- 10.4.5.3 India: Sodium Bicarbonate Market -Revenue and Forecast to 2028 (US$ Million) (Tons)
- 10.4.5.3.1 India: Sodium Bicarbonate Market, by Grade
- 10.4.5.3.2 India: Sodium Bicarbonate Market, by Source
- 10.4.5.3.3 India: Sodium Bicarbonate Market, by Application
- 10.4.5.4 Japan: Sodium Bicarbonate Market -Revenue and Forecast to 2028 (US$ Million) (Tons)
- 10.4.5.4.1 Japan: Sodium Bicarbonate Market, by Grade
- 10.4.5.4.2 Japan: Sodium Bicarbonate Market, by Source
- 10.4.5.4.3 Japan: Sodium Bicarbonate Market, by Application
- 10.4.5.5 South Korea: Sodium Bicarbonate Market -Revenue and Forecast to 2028 (US$ Million) (Tons)
- 10.4.5.5.1 South Korea: Sodium Bicarbonate Market, by Grade
- 10.4.5.5.2 South Korea: Sodium Bicarbonate Market, by Source
- 10.4.5.5.3 South Korea: Sodium Bicarbonate Market, by Application
- 10.4.5.6 Rest of Asia-Pacific: Sodium Bicarbonate Market -Revenue and Forecast to 2028 (US$ Million) (Tons)
- 10.4.5.6.1 Rest of Asia-Pacific: Sodium Bicarbonate Market, by Grade
- 10.4.5.6.2 Rest of Asia-Pacific: Sodium Bicarbonate Market, by Source
- 10.4.5.6.3 Rest of Asia-Pacific: Sodium Bicarbonate Market, by Application
- 10.5 Middle East and Africa: Sodium Bicarbonate Market
- 10.5.1 Middle East and Africa: Sodium Bicarbonate Market -Revenue and Forecast to 2028 (US$ Million) (Tons)
- 10.5.2 Middle East and Africa: Sodium Bicarbonate Market, By Grade
- 10.5.3 Middle East and Africa: Sodium Bicarbonate Market, by Source
- 10.5.4 Middle East and Africa: Sodium Bicarbonate Market, by Application
- 10.5.5 Middle East and Africa: Sodium Bicarbonate Market, by Key Country
- 10.5.5.1 South Africa: Sodium Bicarbonate Market -Revenue and Forecast to 2028 (US$ Million) (Tons)
- 10.5.5.1.1 South Africa: Sodium Bicarbonate Market, by Grade
- 10.5.5.1.2 South Africa: Sodium Bicarbonate Market, by Source
- 10.5.5.1.3 South Africa: Sodium Bicarbonate Market, by Application
- 10.5.5.2 Saudi Arabia: Sodium Bicarbonate Market -Revenue and Forecast to 2028 (US$ Million) (Tons)
- 10.5.5.2.1 Saudi Arabia: Sodium Bicarbonate Market, by Grade
- 10.5.5.2.2 Saudi Arabia: Sodium Bicarbonate Market, by Source
- 10.5.5.2.3 Saudi Arabia Sodium Bicarbonate Market, by Application
- 10.5.5.3 UAE: Sodium Bicarbonate Market -Revenue and Forecast to 2028 (US$ Million) (Tons)
- 10.5.5.3.1 UAE: Sodium Bicarbonate Market, by Grade
- 10.5.5.3.2 UAE: Sodium Bicarbonate Market, by Source
- 10.5.5.3.3 UAE Sodium Bicarbonate Market, by Application
- 10.5.5.4 Rest of the Middle East and Africa: Sodium Bicarbonate Market -Revenue and Forecast to 2028 (US$ Million) (Tons)
- 10.5.5.4.1 Rest of the Middle East and Africa: Sodium Bicarbonate Market, by Grade
- 10.5.5.4.2 Rest of the Middle East and Africa: Sodium Bicarbonate Market, by Source
- 10.5.5.4.3 Rest of the Middle East and Africa: Sodium Bicarbonate Market, by Application
- 10.6 South and Central America: Sodium Bicarbonate Market
- 10.6.1 South and Central America: Sodium Bicarbonate Market -Revenue and Forecast to 2028 (US$ Million) (Tons)
- 10.6.2 South and Central America: Sodium Bicarbonate Market, By Grade
- 10.6.3 South and Central America: Sodium Bicarbonate Market, by Source
- 10.6.4 South and Central America: Sodium Bicarbonate Market, by Application
- 10.6.5 South and Central America: Sodium Bicarbonate Market, by Key Country
- 10.6.5.1 Brazil: Sodium Bicarbonate Market -Revenue and Forecast to 2028 (US$ Million) (Tons)
- 10.6.5.1.1 Brazil: Sodium Bicarbonate Market, by Grade
- 10.6.5.1.2 Brazil: Sodium Bicarbonate Market, by Source
- 10.6.5.1.3 Brazil: Sodium Bicarbonate Market, by Application
- 10.6.5.2 Argentina: Sodium Bicarbonate Market -Revenue and Forecast to 2028 (US$ Million) (Tons)
- 10.6.5.2.1 Argentina: Sodium Bicarbonate Market, by Grade
- 10.6.5.2.2 Argentina: Sodium Bicarbonate Market, by Source
- 10.6.5.2.3 Argentina: Sodium Bicarbonate Market, by Application
- 10.6.5.3 Rest of South and Central America: Sodium Bicarbonate Market -Revenue and Forecast to 2028 (US$ Million) (Tons)
- 10.6.5.3.1 Rest of South and Central America: Sodium Bicarbonate Market, by Grade
- 10.6.5.3.2 Rest of South and Central America: Sodium Bicarbonate Market, by Source
- 10.6.5.3.3 Rest of South and Central America: Sodium Bicarbonate Market, by Application
11. Impact of COVID-19
- 11.1 Overview - Impact of COVID-19
- 11.2 Impact of COVID-19 on Sodium Bicarbonate Market
- 11.3 North America: Impact Assessment of COVID-19 Pandemic
- 11.4 Europe: Impact Assessment of COVID-19 Pandemic
- 11.5 Asia Pacific: Impact Assessment of COVID-19 Pandemic
- 11.6 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
- 11.7 South America: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
- 12.1 Overview
- 12.2 Market Initiative
- 12.3 New Product Development
13. Company Profiles
- 13.1 Solvay S.A.
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
- 13.2 Tosoh Corporation
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
- 13.3 Burwell Technologies
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
- 13.4 All Chemical Manufacturing & Consultancy Pty Ltd
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
- 13.5 Pon Pure Chemicals Group
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
- 13.6 Church & Dwight, Inc.
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
- 13.7 Si?ecam
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
- 13.8 AGC Inc.
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
- 13.9 Ciech S.A.
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
- 13.10 GHCL Limited
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments
14. Appendix
- 14.1 About The Insight Partners
- 14.2 Glossary of Terms