Global Sodium Bicarbonate Market Insights Forecasts to 2033.

• The Global Sodium Bicarbonate Market Size was Valued at USD 3.9 Billion in 2023.
• The Market Size is Growing at a CAGR of 5.87% from 2023 to 2033.
• The Worldwide Sodium Bicarbonate Market Size is Expected to Reach USD 6.9 Billion by 2033.
• North America is expected to Grow the fastest during the forecast period.

The Global Sodium Bicarbonate Market Size is Anticipated to Exceed USD 6.9 Billion by 2033, Growing at a CAGR of 5.87% from 2023 to 2033.

Market Overview

Sodium bicarbonate is a crystalline white fine powder commonly known as baking soda. It is a salt of sodium chloride (NaCl) and carbonic acid (H₂CO₃) having the chemical formula NaHCO₃. It is a versatile compound that has widespread application in various sectors such as the food industry, agriculture, and the medical field. It is used in cleansing products as an eco-friendly alternative to harmful chemicals. It is therapeutically used as an antacid to neutralize stomach acid and temporarily relieve symptoms of acid reflux. Due to its carbon dioxide emission property, it is used in pharmaceutical preparations such as effervescent tablets and granules. These pharmaceutical products are formulated with citric acid or tartaric acid to maintain the alkaline pH in the preparation. It is also used as an ingredient in ORS formulation. In personal care products like toothpaste, it is used as freeze drying stabilizer. Sodium bicarbonate is a moisture-sensitive product that easily gets degraded by environmental moisture resulting in cake and lump formation. Thus, sodium bicarbonate-containing products are stored in a precise manner in a dry place in their original container away from strong acids, bases, and other incompatible chemicals. The expanding application scope of sodium bicarbonate in various sectors is expected to drive the global sodium bicarbonate market.

Report Coverage

This research report categorizes the market for the global sodium bicarbonate market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global sodium bicarbonate market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global sodium bicarbonate market.

Driving Factors

Sodium bicarbonates are extensively used in baking and ready-to-eat products. Owing to the fast-paced lifestyle, there is a rising need for more convenient ready-to-eat food products that take less baking and cooking time. In addition, sodium bicarbonate is used as a food stabilizer to increase the shelf life of the food product. Thus increasing the need for sodium bicarbonate in food products driving the market growth in the food industry. There is rising market demand for sodium bicarbonate in the agrochemicals sector as it is used for washing pesticides, treating insects, and promoting fungal-free plant crops. Furthermore, approval of sodium bicarbonate by government authorities promotes market growth. The advancement in technology and production techniques such as efficient filtration, purification, and drying methods, giving high-quality sodium bicarbonate driving the sodium bicarbonate market. The rising usage of topical cleansing solutions and systemic alkalizer syrups. It has immense popularity in the pharmaceutical industry due to its antacid and pH-controlling capacity.

Restraining Factors

The requirement of significant investments in infrastructure facilities especially for storage facilities due to humidity sensitivity likely to restrain the market. The awareness about negative impacts such as visual impact or noise pollution from wind turbines, is likely to hamper the market growth. Government policy uncertainty, disruption in the supply chain, and growing competition among the technologies are restraining the market growth. The awareness regarding the potential benefits of sodium bicarbonate solutions among consumers, businesses, and policymakers slow down the market growth.

Market Segmentation

The Global Sodium bicarbonate Market share is classified into forms, grade, and end-use.

• The crystal powder segment is expected to hold the largest share of the global sodium bicarbonate market during the forecast period.    

Based on the forms, the global sodium bicarbonate market is divided into slurry, liquid, crystal powder, and others. Among these, the crystal powder segment is expected to hold the largest share of the global sodium bicarbonate market during the forecast period. Sodium carbonate is most commonly found in crystal form and thus is widely used as an ingredient in topical cleansing solutions, systematic alkalis, buffering agents, and electrolyte replenishers.

• The pharmaceutical segment is expected to grow at the fastest pace in the global Sodium bicarbonate market during the forecast period.    

Based on the grade, the global sodium bicarbonate market is divided into feed, food, technical, pharmaceutical, and others. Among these, the pharmaceutical segment is expected to grow at the fastest pace in the global sodium bicarbonate market during the forecast period. Sodium bicarbonate is extensively used in pharmaceutical formulations as API or as an excipient due to its antacid and pH regulating properties thus there is high market demand for pharmaceutical-grade sodium bicarbonate. It is used in the treatment of metabolic acidosis as it is affordable. It is used as an API in antacid formulation and in effervescent tablets and granules. It is used for symptomatic relief such as heartburn, sour stomach, or acid indigestion by neutralizing excess stomach acid and treating symptoms of stomach ulcers. It is used in dialysis fluids, making the blood and urine more alkaline in certain conditions and maintaining acid-base balance. Thus, the growing healthcare expenditure and the increasing prevalence of gastrointestinal disorders are anticipated to escalate the demand for pharmaceutical-grade sodium bicarbonate.

• The food & beverages segment is expected to grow at the greatest pace in the global sodium bicarbonate market during the forecast period.

Based on the end-use, the global sodium bicarbonate market is divided into animal feed, food & beverage, flue gas treatment, personal care & pharmaceuticals, detergents & cleaning agents, hemodialysis, agriculture, chemicals, textile, and others. Among these, the food & beverages segment is expected to grow at the greatest pace in the global sodium bicarbonate market during the forecast period. Sodium bicarbonate acts as a good leavening agent in the formulation of food & beverage products contributing to creating desirable fluffy texture to baked goods such as bread and cakes. The increasing consumer preference towards baked goods, significantly boosts the market demand for sodium bicarbonate.

Regional Segment Analysis of the Global Sodium Bicarbonate Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

Asia Pacific is anticipated to hold the largest share of the global sodium bicarbonate market over the predicted timeframe.

Asia Pacific is anticipated to hold the largest share of the global sodium bicarbonate market over the predicted timeframe. There is an increasing sodium bicarbonate market demand in growing economies regions like China. The rising population is the key factor contributing to the increasing demand for convenient food items like bakery goods. The development and rising pharmaceutical segment in the region driving the sodium bicarbonate market.  

North America is expected to grow at the fastest pace in the global sodium bicarbonate market during the forecast period. Sodium bicarbonate is an extensively used ingredient in bakery products in the region. It is used as a leavening agent, pH buffer, and effervescent agent in various dairy and bakery products such as bread, biscuits, cakes, and cookies. The increasing demand for dairy and bakery products in the region especially in Australia raising the sodium bicarbonate market in the region. The trend of consuming healthier baked goods with high fiber and whole-grain content uplifts the sodium bicarbonate market in the North American region.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global sodium bicarbonate along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Hawkins Inc.
• Tosoh Corporation
• Merck KGaA
• Solvay SA
• Church & Dwight Co. Inc.
• Vitro
• Sequins group
• Tata Chemicals
• GHCL Limited
• Tokuyama Corporation
• Nirma Ltd.
• Ciech SA
• Natural Sods LL
• FMC Corporation
• AGC Inc
• DCW Ltd.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In February 2023, Solvay increased its soda ash and bicarbonate production capacity to address global demand growth.

• In September 2022, Tata Chemicals launched India’s first branded pharmaceutical-grade sodium bicarbonate Medikarb. Medikarb is suitable for use as an Active Pharmaceutical Ingredient (API) and as an excipient in formulation.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Global Sodium Bicarbonate Market based on the below-mentioned segments:  

Global Sodium Bicarbonate Market, By Forms

• Slurry
• Liquid
• Crystal powder
• Others

Global Sodium Bicarbonate Market, By Grade

• Feed
• Food
• Technical
• Pharmaceutical
• Others

Global Sodium Bicarbonate Market, By End-use

• Animal Feed
• Food & Beverage
• Flue Gas Treatment
• Personal Care & Pharmaceuticals
• Detergents & Cleaning Agents
• Hemodialysis
• Agriculture
• Chemicals
• Textile
• Others

Global Sodium bicarbonate Market, By Region

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa