North America Sodium Bicarbonate Market

Historic Data: 2020-2021   |   Base Year: 2022   |   Forecast Period: 2023-2028

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)

No. of Pages: 120
Report Code: BMIRE00026289
Category: Chemicals and Materials
North America Sodium Bicarbonate Market
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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 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.  

North America Sodium Bicarbonate Market Strategic Insights

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North America Sodium Bicarbonate Market Segmentation Analysis

North America Sodium Bicarbonate Market Report Highlights

North America Sodium Bicarbonate Report Scope

Report Attribute Details
Market size in 2022 US$ 424.26 Million
Market Size by 2028 US$ 535.96 Million
CAGR (2022 - 2028) 4.0%
Historical Data 2020-2021
Forecast period 2023-2028
Segments Covered By Grade
  • Food Grade
  • Pharmaceutical Grade
  • Feed Grade
  • Technical Grade
By Form
  • Powder
  • Liquid
By End User
  • Food & Beverages
  • Pharmaceutical
  • Agriculture
  • Chemical
  • Cosmetic & Personal Care
  • Textile & Leather
  • Homecare
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Market leaders and key company profiles
  • AGC Inc.
  • Church & Dwight, Inc.
  • Ciech S.A.
  • GHCL Limited
  • Solvay S.A.
  • Tosoh Corporation
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North America Sodium Bicarbonate Market Country and Regional Insights

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The List of Companies - North America Sodium Bicarbonate Market

  1. AGC Inc.
  2. Church & Dwight, Inc.
  3. Ciech S.A.
  4. GHCL Limited
  5. Solvay S.A.
  6. Tosoh Corporation
Frequently Asked Questions
How big is the North America Sodium Bicarbonate Market?

The North America Sodium Bicarbonate Market is valued at US$ 424.26 Million in 2022, it is projected to reach US$ 535.96 Million by 2028.

What is the CAGR for North America Sodium Bicarbonate Market by (2022 - 2028)?

As per our report North America Sodium Bicarbonate Market, the market size is valued at US$ 424.26 Million in 2022, projecting it to reach US$ 535.96 Million by 2028. This translates to a CAGR of approximately 4.0% during the forecast period.

What segments are covered in this report?

The North America Sodium Bicarbonate Market report typically cover these key segments-

  • Grade (Food Grade, Pharmaceutical Grade, Feed Grade, Technical Grade)
  • Form (Powder, Liquid)
  • End User (Food & Beverages, Pharmaceutical, Agriculture, Chemical, Cosmetic & Personal Care, Textile & Leather, Homecare)

What is the historic period, base year, and forecast period taken for North America Sodium Bicarbonate Market?

The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Sodium Bicarbonate Market report:

  • Historic Period : 2020-2021
  • Base Year : 2022
  • Forecast Period : 2023-2028
  • Who are the major players in North America Sodium Bicarbonate Market?

    The North America Sodium Bicarbonate Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • AGC Inc.
  • Church & Dwight, Inc.
  • Ciech S.A.
  • GHCL Limited
  • Solvay S.A.
  • Tosoh Corporation
  • Who should buy this report?

    The North America Sodium Bicarbonate Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the North America Sodium Bicarbonate Market value chain can benefit from the information contained in a comprehensive market report.

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