Global Sodium Bicarbonate Strategic Market Report 2023: Market to Reach $2.2 Billion by 2030 - Demand for Animal Feed Additives Driving Growth


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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