Sodium Bicarbonate Market Size, Share, and Industry Analysis, By Grade (Food, Pharmaceutical, Feed, and Technical), By Form (Powder, Liquid, and Others), By Application (Food & Beverage, Animal Feed, Pharmaceuticals, Chemicals, and Others) and Regional Forecast, 2024-2032

Sodium bicarbonate, widely known as baking soda, has diverse applications across several markets. It's extensively used in food and beverages as a leavening agent, in pharmaceuticals for its antacid properties, and personal care products for its mild abrasive and natural deodorizing effects. Additionally, it's employed in cleaning products for its gentle yet effective cleaning capabilities.

• The Chinese government is focusing on expanding its research and development sector in the sodium bicarbonate industry. This includes investments in innovative technologies that can improve efficiency and reduce the carbon footprint of production processes.

Segmentation

Key Insights

The report covers the following key insights:

• Key Emerging Trends – For Major Regions


• Key Developments: Mergers, Acquisitions, Partnerships


• Latest Technological Advancements


• Insights on Sustainability


• Porters Five Forces Analysis


• Impact of COVID-19 on the Market

Analysis By Grade

By grade, the market is segmented into food, pharmaceutical, feed, and technical. The food segment holds a significant share of the global sodium bicarbonate market. Sodium bicarbonate, commonly known as baking soda, is extensively used in the food segment for various purposes. It serves as a leavening agent in baked goods, helping them rise and achieve the desired texture. Additionally, it's utilized for pH regulation and as a mild disinfectant in the cleaning of fruits and vegetables. Its application also extends to meat and poultry processing, where it acts as a tenderizer.

Analysis By Form

By form, the market is segmented into powder, liquid, and others. The powder segment holds a considerable share of the global sodium bicarbonate market. The powder segment in the sodium bicarbonate market is widely utilized across various industries due to its versatility and efficacy. It plays a crucial role in food and beverage production for leavening and pH regulation, offering a cleaner label alternative to consumers. In the pharmaceutical industry, it's used as an antacid and in effervescent tablets, highlighting its importance in healthcare. The segment also finds significant application in environmental practices, such as flue gas treatment and water treatment, demonstrating its contribution to sustainability efforts.

Analysis By Application

By form, the market is segmented into food & beverage, animal feed, pharmaceuticals, chemicals, and others. The food & beverage segment holds a considerable share of the global sodium bicarbonate market. The food & beverage sector significantly utilizes sodium bicarbonate as a leavening agent in baking, contributing to the rise and texture of bread and cakes. It serves as a pH regulator, maintaining the balance between acidity and alkalinity in various food products, enhancing flavor and preservation. Sodium bicarbonate is also employed in meat and poultry processing to tenderize meat, improving its texture and taste. Moreover, it finds application in beverage production, where it's used for carbonation, adding fizz to soft drinks and sparkling water.

The pharmaceutical sector primarily drives the sodium bicarbonate market. Sodium bicarbonate is widely used in the pharmaceutical segment as an antacid to treat heartburn and acid indigestion. It serves as a buffering agent in medications to maintain pH balance. Additionally, sodium bicarbonate is utilized in certain kidney treatments, helping prevent or control the amount of acid in the blood.

The chemicals sector also drives the sodium bicarbonate market. The chemical segment finds applications in various industries, such as reducing the acidity in wastewater treatment processes, acting as a mild disinfectant in healthcare for cleaning purposes, and serving as a leavening agent in the food industry to make baked goods rise.

Regional Analysis

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The global market is geographically segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. In 2022, Asia Pacific dominated the sodium bicarbonate market with approximately 34% of the share. Asia Pacific holds a considerable share of the Sodium Bicarbonate market. Growing environmental concerns are leading to increased demand for eco-friendly cleaning agents and a booming pharmaceutical industry in countries such as India and China are two key driving factors for the sodium bicarbonate market in Asia Pacific.

Breakdown of pharmaceutical sales in the year 2023,

• North America- 49%


• Europe- 24%


• China - 9%


• Japan - 6%


• Latin America - 4.5%


• Others - 7.5%

The major Sodium Bicarbonate market consumers by region are China, Japan, and India in Asia Pacific; the U.S. & Canada in North America; Germany and France in Europe; and Saudi Arabia and UAE in the Middle East.

• In 2023, the total sales of pharmaceuticals in the U.S. was USD 670 billion.


• The total pharmaceutical sales in China was USD 121.6 billion in 2023.

Key Players Covered

The report includes the profiles of key players, such as Tata Chemicals Limited, Solvay SA, Church & Dwight Co., Inc., Novacap Group, Ciech S.A., Tosoh Corporation, Natural Soda LLC, FMC Corporation, Natrium Products Inc., and Tronox Limited.

Key Industry Developments

• In December 2023, Solvay announced a partnership with ENOWA, NEOM's energy and water company, to develop the world's inaugural carbon-neutral soda ash production facility in NEOM, Saudi Arabia.


• In June 2022, Solvay and Sisecam Unveil Sodium Bicarbonate Plant in Bulgaria. At the Devnya facility in Bulgaria, Solvay Sodi, a joint venture between Solvay and Sisecam, announced the outcome of another significant investment project. This development project boosts the capacity for the production of sodium bicarbonate – a derivative of soda ash – at the facility by 200,000 tons.