Report : Middle East & Africa 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 3.2% CAGR, the Middle East & Africa Sodium Bicarbonate Market is speculated to be worth US$ 97.77 Million by 2028, says Business Market Insights
According to Business Market Insights’ research, the Middle East & Africa sodium bicarbonate market was valued at US$ 80.96 million in 2022 and is expected to reach US$ 97.77 million by 2028, registering an annual growth rate of 3.2% from 2022 to 2028. Growing focus on treatment of industrial pollutants and proliferation of cosmetics and personal care industries are the critical factors attributed to the market expansion.
Sodium bicarbonate is highly used in the cosmetics and personal care industries. It is used as an ingredient in toothpaste, deodorizers, face packs, and body cleansing foams and gels. Sodium bicarbonate is used as an additive in cosmetic powders, washes, and tablets for disinfecting braces or dental prostheses. It has a soothing and lightening effect on the skin; hence, it is used to manufacture cream for hands and legs and prepare anti-dandruff masks for hair. The cosmetics industry is growing faster, with more and more people buying personal care and beauty products. Therefore, the growth of the cosmetics and personal care industry is likely to introduce new trends in the demand for the sodium bicarbonate in the coming years. The animal feed, pharmaceutical, bakery, cosmetics and personal care industries are propelling the growth of the sodium bicarbonate market in the MEA. According to the General Authority for Investment and Free Zones (GAFI), UAE and Saudi Arabia import a large portion of sodium ash from the US. Sodium bicarbonate is commonly used for animal feed. The MEA's growing livestock industry is expected to provide a growth opportunity to the sodium bicarbonate market. Moreover, the increasing use of sodium bicarbonate in the pharmaceutical industry is propelling the growth of the sodium bicarbonate market in the MEA.
On the contrary, environmental impact of sodium bicarbonate hurdles the growth of Middle East & Africa 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 35.5% market share in 2022, amassing US$ 28.78 million. It is projected to garner US$ 34.86 million by 2028 to expand at 3.2% CAGR during 2022–2028.
Based on form, the sodium bicarbonate market is bifurcated into powder and liquid. The former held 86.5% market share in 2022, amassing US$ 70.03 million. It is projected to garner US$ 84.20 million by 2028 to expand at 3.1% CAGR during 2022–2028.
By the end user, the Middle East & Africa sodium bicarbonate market is further segmented into food and beverage, pharmaceutical, agriculture, chemical, cosmetic and personal care, textile and leather, homecare, and others. With 33.7% share of the domain, the food and beverage segment dominated the market in 2022. It accrued US$ 27.26 million in 2022 and is estimated to generate US$ 33.45 million by 2028 to grow at a CAGR of 3.5% over the forecast period.
Our regional analysis states that the Rest of SAM captured 31.4% market share in 2022. It was assessed at US$ 25.40 million in 2022 and is likely to hit US$ 30.04 million by 2028, exhibiting a CAGR of 2.8% during the forecast period.
Key players dominating the Middle East & Africa sodium bicarbonate market are AGC Inc.; Church & Dwight, Inc.; Ciech S.A.; GHCL Limited; Pon Pure Chemicals Group; Sişecam; Solvay S.A.; and Tosoh Corporation among others.
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