North America Sodium Bicarbonate Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Grade (Food Grade, Pharmaceutical Grade, Feed Grade, and Technical Grade and Others), Form (Powder and Liquid), and End User (Food & Beverages, Pharmaceu
Description
North America Sodium Bicarbonate Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Grade (Food Grade, Pharmaceutical Grade, Feed Grade, and Technical Grade and Others), Form (Powder and Liquid), and End User (Food & Beverages, Pharmaceutical, Agriculture, Chemical, Cosmetic & Personal Care, Textile & Leather, Homecare, and Others)
The sodium bicarbonate market in North America is expected to grow from US$ 424.26 million in 2022 to US$ 535.96 million by 2028. It is estimated to grow at a CAGR of 4.0% from 2022 to 2028.
Increasing consumption of baked foods is the major factor driving the North America sodium bicarbonate market. Sodium bicarbonate is one of the most commonly used ingredients in baking. It can be used as a leavening agent, pH buffer, and effervescent agent in bakery industries. When it comes in contact with an acid, it produces carbon dioxide.
Carbon dioxide bubbles promote rising in cakes, cookies, and other baked goods. Bread, biscuits, cakes, pies, and pastries are among the most common products in the baking industry. According to the American Bakers Association, the bakery industry makes up about 2.1% of the gross domestic product.
Sourdough, ciabatta, brioche, and baguettes are the widely consumed bread types and are a major source of salt in the Australian diet. According to Statista, in Australia, the revenue in the Bread and Bakery products segment amounts to US$ 8.88 billion in 2022. The market is expected to grow annually by 1.79% CAGR from 2022 to 2027. The baked goods industry in Australia is increasing as consumers continue to buy a wide variety of high-quality, freshly-baked food products due to the surging need for healthy food options.
In line with the rising health concerns, the popularity of products with high-fiber and whole-grain content is growing in different countries. Thus, people prefer consuming whole-meal, seeded, and gluten-free varieties of bread. Industrial producers have also started producing healthier baked goods, enriched with nutrients, such as vitamins. Therefore, the surging consumption of baked food is driving the North America sodium bicarbonate market.
Vendors can attract new customers and expand their footprints in emerging markets with new features and technologies. This factor is likely to drive the North America sodium bicarbonate market at a promising CAGR during the forecast period.
North America Sodium Bicarbonate Market Revenue and Forecast to 2028 (US$ Million)
North America Sodium Bicarbonate Market Segmentation
The North America sodium bicarbonate market is segmented by grade, form, end user, and country. Based on grade, the market is segmented into food grade, pharmaceutical grade, feed grade, and technical grade and others. The technical grade and others segment has been holding the largest market share in 2022.
Based on form, the market is segmented into powder and liquid. The powder segment is holding a larger market share in 2022.
Based on end user, the market is segmented into food & beverages, pharmaceutical, agriculture, chemical, cosmetic & personal care, textile & leather, homecare, and others. The food & beverages segment is holding the largest market share in 2022.
Based on country, the regional market is segmented into the US, Canada, and Mexico. The US is holding the largest market share in 2022.
AGC Inc.; Church & Dwight, Inc.; Ciech S.A.; GHCL Limited; Solvay S.A.; and Tosoh Corporation are the leading companies in the North America sodium bicarbonate market.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America sodium bicarbonate market
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the North America sodium bicarbonate market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth North America market trends and outlook coupled with the factors driving the sodium bicarbonate market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution"
The sodium bicarbonate market in North America is expected to grow from US$ 424.26 million in 2022 to US$ 535.96 million by 2028. It is estimated to grow at a CAGR of 4.0% from 2022 to 2028.
Increasing consumption of baked foods is the major factor driving the North America sodium bicarbonate market. Sodium bicarbonate is one of the most commonly used ingredients in baking. It can be used as a leavening agent, pH buffer, and effervescent agent in bakery industries. When it comes in contact with an acid, it produces carbon dioxide.
Carbon dioxide bubbles promote rising in cakes, cookies, and other baked goods. Bread, biscuits, cakes, pies, and pastries are among the most common products in the baking industry. According to the American Bakers Association, the bakery industry makes up about 2.1% of the gross domestic product.
Sourdough, ciabatta, brioche, and baguettes are the widely consumed bread types and are a major source of salt in the Australian diet. According to Statista, in Australia, the revenue in the Bread and Bakery products segment amounts to US$ 8.88 billion in 2022. The market is expected to grow annually by 1.79% CAGR from 2022 to 2027. The baked goods industry in Australia is increasing as consumers continue to buy a wide variety of high-quality, freshly-baked food products due to the surging need for healthy food options.
In line with the rising health concerns, the popularity of products with high-fiber and whole-grain content is growing in different countries. Thus, people prefer consuming whole-meal, seeded, and gluten-free varieties of bread. Industrial producers have also started producing healthier baked goods, enriched with nutrients, such as vitamins. Therefore, the surging consumption of baked food is driving the North America sodium bicarbonate market.
Vendors can attract new customers and expand their footprints in emerging markets with new features and technologies. This factor is likely to drive the North America sodium bicarbonate market at a promising CAGR during the forecast period.
North America Sodium Bicarbonate Market Revenue and Forecast to 2028 (US$ Million)
North America Sodium Bicarbonate Market Segmentation
The North America sodium bicarbonate market is segmented by grade, form, end user, and country. Based on grade, the market is segmented into food grade, pharmaceutical grade, feed grade, and technical grade and others. The technical grade and others segment has been holding the largest market share in 2022.
Based on form, the market is segmented into powder and liquid. The powder segment is holding a larger market share in 2022.
Based on end user, the market is segmented into food & beverages, pharmaceutical, agriculture, chemical, cosmetic & personal care, textile & leather, homecare, and others. The food & beverages segment is holding the largest market share in 2022.
Based on country, the regional market is segmented into the US, Canada, and Mexico. The US is holding the largest market share in 2022.
AGC Inc.; Church & Dwight, Inc.; Ciech S.A.; GHCL Limited; Solvay S.A.; and Tosoh Corporation are the leading companies in the North America sodium bicarbonate market.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America sodium bicarbonate market
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the North America sodium bicarbonate market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth North America market trends and outlook coupled with the factors driving the sodium bicarbonate market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution"
Table of Contents
120 Pages
- 1. Introduction
- 1.1 Study Scope
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 1.3.1 North America Sodium Bicarbonate Market, by Grade
- 1.3.2 North America Sodium Bicarbonate Market, by Form
- 1.3.3 North America Sodium Bicarbonate Market, by End User
- 1.3.4 North America Sodium Bicarbonate Market, by Country
- 2. Key Takeaways
- 3. Research Methodology
- 3.1 Scope of the Study
- 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. North America Sodium Bicarbonate Market Landscape
- 4.1 Market Overview
- 4.2 Porter's Five Forces Analysis
- 4.3 Ecosystem Analysis
- 4.4 Expert Opinion
- 5. North America Sodium Bicarbonate Market – Key Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Increasing Consumption of Baked Food
- 5.1.2 High Demand in Animal Feed Industry
- 5.2 Market Restraints
- 5.2.1 Environmental Impact of Sodium Bicarbonate
- 5.3 Market Opportunities
- 5.3.1 Growing Focus on Treatment of Industrial Pollutants
- 5.4 Future Trends
- 5.4.1 Surge in Cosmetics and Personal Care Industries
- 5.5 Impact Analysis
- 6. Sodium Bicarbonate Market – North America Analysis
- 6.1 North America Sodium Bicarbonate Market Overview
- 6.2 North America Sodium Bicarbonate Market –Revenue and Forecast to 2028 (US$ Million)
- 6.3 North America Sodium Bicarbonate Market –Volume and Forecast to 2028 (Kilo Tons)
- 7. North America Sodium Bicarbonate Market Analysis By Grade
- 7.1 Overview
- 7.2 North America Sodium Bicarbonate Market, By Grade (2021 and 2028)
- 7.3 Food Grade
- 7.3.1 Overview
- 7.3.2 Food Grade: North America Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Million)
- 7.3.3 Food Grade: North America Sodium Bicarbonate Market – Volume and Forecast to 2028 (Kilo Tons)
- 7.4 Pharmaceutical Grade
- 7.4.1 Overview
- 7.4.2 Pharmaceutical Grade: North America Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Million)
- 7.4.3 Pharmaceutical Grade: North America Sodium Bicarbonate Market – Volume and Forecast to 2028 (Kilo Tons)
- 7.5 Feed Grade
- 7.5.1 Overview
- 7.5.2 Feed Grade: North America Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Million)
- 7.5.3 Feed Grade: North America Sodium Bicarbonate Market – Volume and Forecast to 2028 (Kilo Tons)
- 7.6 Technical Grade and Others
- 7.6.1 Overview
- 7.6.2 Technical Grade and Others: North America Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Million)
- 7.6.3 Technical Grade and Others: North America Sodium Bicarbonate Market – Volume and Forecast to 2028 (Kilo Tons)
- 8. North America Sodium Bicarbonate Market Analysis By Form
- 8.1 Overview
- 8.2 North America Sodium Bicarbonate Market, By Form (2021 and 2028)
- 8.3 Powder
- 8.3.1 Overview
- 8.3.2 Powder: North America Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Million)
- 8.4 Liquid
- 8.4.1 Overview
- 8.4.2 Liquid: North America Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Million)
- 9. North America Sodium Bicarbonate Market Analysis By End User
- 9.1 Overview
- 9.2 North America Sodium Bicarbonate Market, By End User (2021 and 2028)
- 9.3 Food and Beverage
- 9.3.1 Overview
- 9.3.2 Food and Beverage: North America Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Million)
- 9.4 Pharmaceutical
- 9.4.1 Overview
- 9.4.2 Pharmaceutical: North America Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Million)
- 9.5 Agriculture
- 9.5.1 Overview
- 9.5.2 Agriculture: North America Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Million)
- 9.6 Chemical
- 9.6.1 Overview
- 9.6.2 Chemical: North America 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: North America 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: North America Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Million)
- 9.9 Homecare
- 9.9.1 Overview
- 9.9.2 Homecare: North America Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Million)
- 9.10 Others
- 9.10.1 Overview
- 9.10.2 Others: North America Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Million)
- 10. North America Sodium Bicarbonate Market – Country Analysis
- 10.1 Overview
- 10.1.1 North America: Sodium Bicarbonate Market, by Key Country
- 10.1.1.1 US: Sodium Bicarbonate Market–Analysis and Forecast to 2028 (US$ Million)
- 10.1.1.1.1 US: Sodium Bicarbonate Market, by Grade
- 10.1.1.1.2 US: Sodium Bicarbonate Market, by Form
- 10.1.1.1.3 US: Sodium Bicarbonate Market, by End-User
- 10.1.1.2 Canada: Sodium Bicarbonate Market–Analysis and Forecast to 2028 (US$ Million)
- 10.1.1.2.1 Canada: Sodium Bicarbonate Market, by Grade
- 10.1.1.2.2 Canada: Sodium Bicarbonate Market, by Form
- 10.1.1.2.3 Canada: Sodium Bicarbonate Market, by End-User
- 10.1.1.3 Mexico: Sodium Bicarbonate Market–Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.3.1 Mexico: Sodium Bicarbonate Market, by Grade
- 10.1.1.3.2 Mexico: Sodium Bicarbonate Market, by Form
- 10.1.1.3.3 Mexico: Sodium Bicarbonate Market, by End-User
- 11. Company Profiles
- 11.1 Solvay S.A.
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
- 11.2 Tosoh Corporation
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
- 11.3 Church & Dwight, Inc.
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
- 11.4 AGC Inc.
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments
- 11.5 Ciech S.A.
- 11.5.1 Key Facts
- 11.5.2 Business Description
- 11.5.3 Products and Services
- 11.5.4 Financial Overview
- 11.5.5 SWOT Analysis
- 11.5.6 Key Developments
- 11.6 GHCL Limited
- 11.6.1 Key Facts
- 11.6.2 Business Description
- 11.6.3 Products and Services
- 11.6.4 Financial Overview
- 11.6.5 SWOT Analysis
- 11.6.6 Key Developments
- 12. Appendix
- 12.1 About The Insight Partners
- 12.2 Glossary of Terms
- LIST OF TABLES
- Table 1. North America Sodium Bicarbonate Market –Revenue and Forecast to 2028 (US$ Million)
- Table 2. North America Sodium Bicarbonate Market –Volume and Forecast to 2028 (Kilo Tons)
- Table 3. US: Sodium Bicarbonate Market, by Grade– Revenue and Forecast to 2028 (US$ Million)
- Table 4. US: Sodium Bicarbonate Market, by Product Type– Volume and Forecast to 2028 (Kilo Tons)
- Table 5. US: Sodium Bicarbonate Market, by Form – Revenue and Forecast to 2028 (US$ Million)
- Table 6. US: Sodium Bicarbonate Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
- Table 7. Canada: Sodium Bicarbonate Market, by Grade– Revenue and Forecast to 2028 (US$ Million)
- Table 8. Canada: Sodium Bicarbonate Market, by Grade– Volume and Forecast to 2028 (Kilo Tons)
- Table 9. Canada: Sodium Bicarbonate Market, by Form – Revenue and Forecast to 2028 (US$ Million)
- Table 10. Canada: Sodium Bicarbonate Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
- Table 11. Mexico Sodium Bicarbonate Market, by Grade– Revenue and Forecast to 2028 (US$ Million)
- Table 12. Mexico Sodium Bicarbonate Market, by Grade– Volume and Forecast to 2028 (Kilo Tons)
- Table 13. Mexico Sodium Bicarbonate Market, by Form – Revenue and Forecast to 2028 (US$ Million)
- Table 14. Mexico Sodium Bicarbonate Market, by End-Use – Revenue and Forecast to 2028 (US$ Million)
- Table 15. Glossary of Terms, North America Sodium Bicarbonate Market
- LIST OF FIGURES
- Figure 1. North America Sodium Bicarbonate Market Segmentation
- Figure 2. North America Sodium Bicarbonate Market Segmentation – By Country
- Figure 3. North America Sodium Bicarbonate Market Overview
- Figure 4. North America Sodium Bicarbonate Market, By Grade
- Figure 5. North America Sodium Bicarbonate Market, by Country
- Figure 6. Porter's Five Forces Analysis
- Figure 7. Ecosystem: North America Sodium Bicarbonate Market
- Figure 8. Expert Opinion
- Figure 9. North America Sodium Bicarbonate Market Impact Analysis of Drivers and Restraints
- Figure 10. North America Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 11. North America Sodium Bicarbonate Market – Volume and Forecast to 2028 (Kilo Tons)
- Figure 12. North America Sodium Bicarbonate Market Revenue Share, By Grade (2021 and 2028)
- Figure 13. North America Food Grade: North America Sodium Bicarbonate Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 14. North America Food Grade: North America Sodium Bicarbonate Market – Volume and Forecast To 2028 (Kilo Tons)
- Figure 15. North America Pharmaceutical Grade: North America Sodium Bicarbonate Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 16. North America Pharmaceutical Grade: North America Sodium Bicarbonate Market – Volume and Forecast To 2028 (Kilo Tons)
- Figure 17. North America Feed Grade: North America Sodium Bicarbonate Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 18. North America Feed Grade: North America Sodium Bicarbonate Market – Revenue and Forecast To 2028 (Kilo Tons)
- Figure 19. North America Technical Grade and Others: North America Sodium Bicarbonate Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 20. North America Technical Grade and Others: North America Sodium Bicarbonate Market – Volume and Forecast To 2028 (Kilo Tons)
- Figure 21. North America Sodium Bicarbonate Market Revenue Share, By Form (2021 and 2028)
- Figure 22. North America Powder: North America Sodium Bicarbonate Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 23. North America Liquid: North America Sodium Bicarbonate Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 24. North America Sodium Bicarbonate Market Revenue Share, By End User (2021 and 2028)
- Figure 25. North America Food and Beverage: North America Sodium Bicarbonate Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 26. North America Pharmaceutical: North America Sodium Bicarbonate Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 27. North America Agriculture: North America Sodium Bicarbonate Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 28. North America Chemical: North America Sodium Bicarbonate Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 29. North America Cosmetic and Personal Care: North America Sodium Bicarbonate Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 30. North America Textile and Leather: North America Sodium Bicarbonate Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 31. North America Homecare: North America Sodium Bicarbonate Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 32. North America Others: North America Sodium Bicarbonate Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 33. North America: Sodium Bicarbonate Market, by key country- Revenue (2021) (US$ Million)
- Figure 34. North America: Sodium Bicarbonate Market Revenue Share, by Key Country (2021 and 2028)
- Figure 35. US: Sodium Bicarbonate Market–Revenue and Forecast to 2028 (US$ Million)
- Figure 36. US: Sodium Bicarbonate Market–Volume and Forecast to 2028 (Kilo Tons)
- Figure 37. Canada: Sodium Bicarbonate Market–Revenue and Forecast to 2028 (US$ Million)
- Figure 38. Canada: Sodium Bicarbonate Market–Volume and Forecast to 2028 (Kilo Tons)
- Figure 39. Mexico: Sodium Bicarbonate Market–Revenue and Forecast to 2028 (US$ Million)
- Figure 40. Mexico: Sodium Bicarbonate Market–Volume and Forecast to 2028 (Kilo Tons)
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