Report : Europe 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)

 At 4.3% CAGR, the Europe Sodium Bicarbonate Market is speculated to be worth US$ 532.57 Million by 2028, says Business Market Insights

According to Business Market Insights’ research, the Europe sodium bicarbonate market was valued at US$ 412.57 million in 2022 and is expected to reach US$ 532.57 million by 2028, registering an annual growth rate of 4.0% from 2022 to 2028. Increasing consumption of baked foods and high demand in animal feed industry are the critical factors attributed to the market expansion.  

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 gas. 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. Bread is a staple food in most of the countries in Europe. Organic bread is also becoming more and more popular in recent decades. In terms of organic bread, Germany is becoming one of the largest market in Europe. There are a wide variety of bread in Germany owing to the country's climatic conditions. Germany has a climate that allows all kinds of grain to be cultivated.

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 Europe sodium bicarbonate market.

On the contrary, environmental impact of sodium bicarbonate hurdles the growth of Europe sodium bicarbonate market.

Based on grade, the sodium bicarbonate market is segmented into food grade, pharmaceutical grade, feed grade, and technical grade and others. The technical grade and others segment held 37.9% market share in 2022, amassing US$ 156.22 million. It is projected to garner US$ 202.00 million by 2028 to expand at 4.4% CAGR during 2022–2028.

Based on form, the sodium bicarbonate market is bifurcated into powder and liquid. The former held 79.1% market share in 2022, amassing US$ 326.29 million. It is projected to garner US$ 417.50 million by 2028 to expand at 4.2% CAGR during 2022–2028.

By the end user, the Europe sodium bicarbonate market is further segmented into food and beverage, pharmaceutical, agriculture, chemical, cosmetic and personal care, textile and leather, homecare, and others. With 24.0% share of the domain, the food and beverage segment dominated the market in 2022. It accrued US$ 98.98 million in 2022 and is estimated to generate US$ 131.23 million by 2028 to grow at a CAGR of 4.8% over the forecast period.

Our regional analysis states that the Rest of Europe captured 28.5% market share in 2022. It was assessed at US$ 117.60 million in 2022 and is likely to hit US$ 147.25 million by 2028, exhibiting a CAGR of 3.8% during the forecast period.

Key players dominating the Europe sodium bicarbonate market are AGC Inc.; Church & Dwight, Inc.; Ciech S.A.; GHCL Limited; Sişecam; Solvay S.A.; and Tosoh Corporation among others.  

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