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Sodium Bicarbonate - Industry Size 2019 | Market Opportunities, Share Analysis up to 2025

A new report on Sodium Bicarbonate market that provides a comprehensive review of this industry with respect to the driving forces influencing the market size. Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape of Sodium Bicarbonate market in tandem with its competitive terrain.

Global demand for sodium bicarbonate will be driven by increasing demand from food & beverage industry. Rising population worldwide is growing the demand for sodium bicarbonate coupled with shift in consumer eating habits, favoring the sodium bicarbonate market. Consumption of dairy, meat, fish etc. have predominantly resulted into higher body PH value, to treat alkaline level of human body sodium bicarbonate is used. Further its application in bakery product will positively impact sodium bicarbonate market growth over coming years.

Sodium Bicarbonate Market is forecast to exceed USD 9 billion by 2024; according to a new research report.

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The global sodium bicarbonate market is hindered by complication and side effect on the its consumption. High consumption of this products for longer period can cause severe health problem such as allergic reactions, arthritics and breathing problem. Further there are certain restriction on sodium bicarbonate on its application in food and medical items which will negatively influence the market growth by 2024.

Sodium Bicarbonate - Industry Size 2019 | Market Opportunities, Share Analysis up to 2025
Sodium Bicarbonate - Industry Size 2019 | Market Opportunities, Share Analysis up to 2025

Request Sample Copy of this Report @ https://www.cuereport.com/request-sample/12624

The sodium bicarbonate market is witnessing high demand from agrochemical industry. Growing usage of sodium bicarbonate product in pesticides and insecticides is accelerating market growth over forecast period. Further, increasing percentage of cultivation land will augment the usage of sodium bicarbonate in agrochemical product.

Shift in consumer preferences toward grooming products is enhancing the sodium bicarbonate market growth in personal care industry. Excellent features of sodium bicarbonate for instance neutralizing and soothing, make it suitable application in personal care industry. In addition, its antimicrobial and absorbent characteristic acts as mouth cleanser and perform like an absorbent in perfume & deodorants products. Hence sodium bicarbonate application in personal care product will substantially grow the sodium bicarbonate market in projected timeframe.

Increasing usage of sodium acetate and yeast alternative to sodium bicarbonate will decelerate the sodium bicarbonate market growth in coming years. Growing application of sodium acetate product in food industry coupled with its excellent antibacterial properties is likely to challenge market demand in forecast period.

Crystal/powdered crystal is one of the growing segment in the sodium bicarbonate market with a CAGR of 5.5%. The product segment is driven by increasing usage in several end-user industries. Growing food & beverage industry is primarily driving the segment, favoring the consumption of crystal/powdered crystal form in various food products. Second highest market growth is projected by liquid form which is likely to grow with a CAGR of 4.6% with increasing application in pharmaceutical industry.

Food and beverage industry is among fastest growing industry, by a CAGR of 5.3%. Followed by food and beverage, agrochemical industry is witnessing high demand for sodium bicarbonate products. Rising application of this products in pesticide chemical is likely to accelerate sodium bicarbonate market demand by 2024.

Asia Pacific sodium bicarbonate market is substantially growing with a CAGR of 5.7%, the region is majorly dominated by China and India. Rapid urbanization and industrialization in these countries is rising the demand for sodium bicarbonate products in end-user industries. Followed by Asia Pacific market, LATAM is increasing predominantly owing to massive demand from food and beverage industry.

The sodium bicarbonate market has several market players with numerous local & global manufacturers, supplier and distributors functioning across the globe. Some of these key market players follow both backward integration such as TATA chemical and Solvay. Prominent industry players include Blastrite, FMC Corporation, Solvay Specialty, Natural Soda, Tosoh Corporation, Crystal Mark, Tata Chemicals, Opta Minerals and Vitro S.A.B.

Sodium bicarbonate market research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in kilo tons and revenue in USD million from 2013 to 2024, for the following segments:

Sodium Bicarbonate Market, Form By End-user

Crystal/powdered crystal

Food & beverage

Industrial

Pharmaceutical

Personal care

Agrochemical

Animal feed

Liquid

Food & beverage

Industrial

Pharmaceutical

Personal care

Agrochemical

Animal feed

Slurry

Food & beverage

Industrial

Pharmaceutical

Personal care

Agrochemical

Animal feed

Sodium Bicarbonate Market, By End-user

Food & beverage

Industrial

Pharmaceutical

Personal care

Agrochemical

Animal feed

Major Highlights from Table of contents are listed below for quick lookup into Sodium Bicarbonate Market report

Chapter 1. Methodology and Scope

  • Definitions & forecast parameters
  • Methodology and forecast parameters
  • Data Sources

Chapter 2. Executive Summary

  • Business trends of Sodium Bicarbonate Market
  • Product trends
  • Application trends

Chapter 3. Sodium Bicarbonate Industry Insights

  • Sodium Bicarbonate Market Industry segmentation
  • Industry landscape
  • Analysis of Manufacturers in the Sodium Bicarbonate industry
  • Distribution channel analysis
  • End-use landscape
  • Vendor matrix
  • Sodium Bicarbonate Market Technology & innovation landscape
  • Industry impact forces
  • Sodium Bicarbonate Market Growth drivers
  • Industry pitfalls & challenges
  • Key trends by Segments

Chapter 4. Company Profiles

  • Business Overview of Sodium Bicarbonate Market Companies
  • Financial Data
  • Product Landscape
  • Strategic Outlook and Decisive Analysis of companies in Sodium Bicarbonate Market
  • SWOT Analysis

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