Report : Australia Sodium Bicarbonate Market Forecast to 2028 – COVID-19 Impact and Analysis – by Grade (Food Grade, Pharmaceutical Grade, Feed Grade, and Technical Grade and Others), by Form (Powder and Liquid), and by End User (Food & Beverage, Pharmaceutical, Agriculture, Chemical, Cosmetic and Personal Care, Textile and Leather, Homecare, and Others)
Increasing Adoption Among Food & Beverage and Animal Feed Manufacturers Driving Australia Sodium Bicarbonate Market
According to our latest market study, titled "Australia Sodium Bicarbonate Market Forecast to 2028 – COVID-19 Impact and Analysis – by Grade (Food Grade, Pharmaceutical Grade, Feed Grade, and Technical Grade and Others), by Form (Powder and Liquid), and End User (Food & Beverage, Pharmaceutical, Agriculture, Chemical, Cosmetic and Personal Care, Textile and Leather, Homecare, and Others)," the market is expected to grow from US$ 16,150.75 thousand in 2021 to US$ 20,015.47 thousand by 2028. It is expected to grow at a CAGR of 3.2% from 2021 to 2028. The report highlights key factors driving the Australia sodium bicarbonate market and focuses on prominent players and their progress in the market.
Sodium bicarbonate is widely available in baking soda and combination products. It comes in white crystalline powder or granules, is odorless, and has a cooling, slightly salty flavor. Sodium carbonate is mainly used in food, animal feed, cleaning products, agriculture, chemicals, and other industries. Food grade sodium bicarbonate is a white crystalline powder, used as a systematic alkalizer, buffering agent, an electrolyte replenisher. It is also used in cleaning treatments. The expanding bakery industry and the rising usage of cleaning products are anticipated to boost the sodium bicarbonate market during the forecast period. The sodium bicarbonate market is predicted to rise rapidly due to increased demand for OTC medications over the next few years.
Sodium bicarbonate is also used in animal feed as an acidity regulator. It is utilized in supplementing diets for dairy cows, pigs, broilers, and laying hens because it improves digestion, strengthens eggshells, increases milk fat percentage, and increases milk output. According to the Australian Chicken Meat Federation Inc. (ACMF), per capita consumption of chicken meat was 49 kg per person, 12.7 kg per person more than in 2009-10. The rise in demand for animal feed for farm animals and other livestock, as well as the rise in demand for meat, is projected to fuel sodium bicarbonate market growth over the forecasted period. Other uses for sodium bicarbonate include flue gas treatment, medicines, personal care, and cosmetics, among others. Additionally, the growing population, improvement in living standards, and increasing awareness regarding health and hygiene drive the market demand for sodium bicarbonate in Australia.
Sodium bicarbonate is a chemical that is used in the production of food colorants. It is utilized as the foundation of many food color gels due to its anti-caking and stabilizing qualities. The food industry's high demand is a significant driving factor in the Australia sodium bicarbonate market.
Furthermore, the rising demand for drinking water treatment is driving the market substantially. The material is usually used as a leavening or foaming agent in baking biscuits, cakes, and bread in the form of baking powder. Sodium bicarbonate is used to give a buffer effect to ready-to-drink tea, coffee, and energy drinks. The significant increase in the use of sodium bicarbonate as an ingredient in various food products is expected to boost the Australia sodium bicarbonate market in the years to come.
Solvay S.A.; Tosoh Corporation; Burwell Technologies; All Chemical Manufacturing & Consultancy Pty Ltd.; Pon Pure Chemicals Group; Church & Dwight, Inc.; Si?ecam; AGC Inc.; Ciech S.A.; and GHCL Limited are the key players in the Australia sodium bicarbonate market.
Impact of COVID-19 Pandemic on Australia Sodium Bicarbonate Market
The Australia sodium bicarbonate market was growing before the COVID-19 pandemic due to the increased usage of sodium bicarbonate for bakery products, the pharmaceutical industry, and animal feed. The COVID-19 pandemic adversely affected the chemicals and materials industry, with the shutdown of manufacturing facilities, challenges in procuring raw materials and components, and restrictions on logistic operations. Disruptions in the supply of raw materials to manufacturers and containment measures limited sodium bicarbonate production, hampering the market.
The trade-related restrictions also impacted the import of sodium bicarbonate, negatively impacting the Australia sodium bicarbonate market. However, businesses are gaining ground as the government of Australia eased the previously imposed restrictions. Despite these consequences, businesses started recovering as various countries' governments relaxed social restrictions.
Moreover, successful vaccination drives have further eased the current scenario leading to a rise in business activities worldwide. The recovery of various end-use industries is also driving the market in the country.
The " Australia Sodium Bicarbonate Market Analysis to 2028" is a specialized and in-depth study of the chemicals and material industry, focusing on the Australia market trend analysis. The report aims to provide an overview of the market with detailed market segmentation. The Australia market is analyzed on the basis of grade, form, and end user. Based on the grade, the sodium bicarbonate market is segmented into food grade, pharmaceutical grade, feed grade, and technical grade and others. Based on form, the market is segmented into powder and liquid. Based on the end user, the market is segmented into food & beverage, pharmaceutical, agriculture, chemical, cosmetic and personal care, textile and leather, homecare, and others.
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