Dublin, Oct. 02, 2023 (GLOBE NEWSWIRE) -- The "Sodium Bicarbonate - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Sodium Bicarbonate Market to Reach $2.2 Billion by 2030
The Sodium Bicarbonate market is anticipated to witness significant expansion, projected to soar from a valuation of US$1.4 Billion in 2022 to an impressive US$2.2 Billion by 2030, showcasing a robust CAGR of 5.6%.
One segment driving this surge is Crystal / Powdered Crystal, expected to exhibit a 5.9% CAGR, reaching a value of US$1.8 Billion by 2030. Conversely, the Liquid segment's growth is predicted at 4.6% CAGR through the decade. Notably, the U.S. Sodium Bicarbonate market is pegged at US$331.7 Million in 2022, while China, a major global economic powerhouse, is on track to attain US$456.9 Million by 2030, growing at a CAGR of 6.6%.
Other significant markets include Japan and Canada, with growth rates of 4.3% and 5.3% respectively, from 2022 to 2030. In Europe, Germany stands out with a projected CAGR of 4.7%. As the Sodium Bicarbonate landscape evolves, a detailed competitor analysis offers insights into market leaders, underlining their strategies and global standing.
This comprehensive report, complete with a year's complimentary updates, proves essential for stakeholders navigating the burgeoning Sodium Bicarbonate sector.
What`s New?
- Special discussions on the global economic climate and market sentiment
- Coverage on global competitiveness and key competitor percentage market shares
- Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and trademarked research platform
- Complimentary updates for one year
- Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Sodium Bicarbonate - Global Key Competitors Percentage Market Share in 2022 (E)
- A Prelude to Sodium Bicarbonate
- Impact of Covid-19 and a Looming Global Recession
- 2020 Marked as a Year of Disruption & Transformation
- As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021
- World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
- Sodium Bicarbonate Market to Gradually Recover from COVID-19 Shock
- Global Market Prospects and Outlook
- Rising Demand Fast-Tracks Emphatic Journey of Global Sodium Bicarbonate Market
- Animal Feed, and Food and Beverage Dominates the Sodium Bicarbonate End-use Market
- Powder Form: Major Segment of Sodium Bicarbonate Market
- Asia-Pacific Maintains Triumphant Position in Sodium Bicarbonate Market
- Product Alternatives & Health Hazards Impede Growth
- Recent Market Activity
- WORLD BRANDS
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
MARKET TRENDS & DRIVERS
- Animal Feed Additives: The Major Application Market for Sodium Bicarbonate
- Global Feed Production Volume Breakdown by Country (in %) for 2020
- Global Feed Production Volume (in Million Metric Tons) by Species for 2020
- Demand for Protein-Rich Diets Dictate Demand for Amino Acids as Feed Additives
- Demand for Meat and Meat-based Products to Influence Growth in Sodium Bicarbonate Market
- Energy, Water, Protein and Fat Content for Meat & Eggs Vis-a-vis Grains, Fruits & Vegetables, and Beverages (per 100 grams)
- Global Meat Consumption in 1,000 Metric Tons (Carcass Weight Equivalent) for Pork, Chicken Meat, and Beef & Veal for 2017-2020
- Rising Consumption of Poultry Bodes Well for Market
- Global Chicken Meat Production (in 1,000 Metric Tons Ready to Cook Equivalent) by Country for 2016-2020E
- Chicken Meat Consumption (in 1,000 Metric Tons Ready to Cook Equivalent) by Top Countries for 2016-2020E
- Food & Beverage Industry: Vital Role of Sodium Bicarbonate in Enhancing Food Quality
- Global Food & Beverages Market in US$ Trillion for the Years 2018, 2020 & 2022
- Growing Demand for Convenience Food Drive the Demand for Sodium Bicarbonate
- Growing Demand for Bakery Products to Drive Sodium Bicarbonate Market
- Growing Popularity of Ready-to-Eat Foods Holds Promise for Sodium Bicarbonate Market
- Increasing Demand for Sodium Bicarbonate in Pharmaceutical Industry Drives Market Expansion
- Worldwide Prevalence of Diabetes: Number of Adults (20-79) with Diabetes by Region for 2017 and 2045
- Global Annual Medical Cost of CVD in US$ Billion: 2010, 2015, 2020, 2025, and 2030
- Global Cancer Incidence: Number of New Cancer Cases in Million for the Years 2018, 2020, 2025, 2030, 2035 and 2040
- Rising Usage of Detergents Propels Sodium Bicarbonate Demand
- Increasing Global Population Drives the Demand for Protein Alternatives
- World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
- Fashion Plays a Key Role in Propelling Demand for Textile Dyes
- Growth of the Personal Care and Cosmetics Market to Drive Demand for Sodium Bicarbonate
- Global Beauty & Personal Care Market: Revenues in US$ Million for the Years 2019, 2021 and 2024
FOCUS ON SELECT PLAYERS(Total 64 Featured)
- Church & Dwight Co., Inc.
- DCW Ltd.
- Ciech SA
- Chemische Fabrik Kalk GmbH
- Eti Soda A.S.
- Chemtex Speciality Limited
- First Source Worldwide LLC
- Acuro Organics Limited
- Anmol Chemicals Group
- Ciner Group
- AGC Chemicals
- Dr. Paul Lohmann GmbH KG
- Amrut International
- AG Chemi Group s.r.o.
- Brunner Mond Group
For more information about this report visit https://www.researchandmarkets.com/r/93c2o
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