탄산수소나트륨 시장 기회, 성장 촉진요인, 산업 동향 분석, 예측(2024-2032년)

The Global Sodium Bicarbonate Market was valued at USD 6.5 billion and is projected to grow at a CAGR of over 3.8% from 2024 to 2032. The escalating demand for sodium bicarbonate across a wide range of industries, including food and beverages, pharmaceuticals, personal care, and environmental solutions, continues to drive this growth. Widely used in food production and pharmaceuticals, sodium bicarbonate is also valued for its environmental applications, including air pollution control systems that help reduce industrial emissions.

The product's role in animal feed is another significant market driver. Sodium bicarbonate, added to livestock and poultry feed, promotes better digestion and supports overall animal health, which enhances productivity. The global rise in livestock farming, coupled with growing meat and dairy consumption, has fueled this demand. Additionally, the consumer shift toward natural and organic personal care products has increased the use of sodium bicarbonate in items like toothpaste and deodorants, further expanding its market presence.

When segmented by form and end-user, the market includes crystal/powdered crystal, liquid, and slurry forms. Among these, the crystal/powdered crystal form holds the dominant market share, generating USD 3.5 billion in revenue in 2023 and is anticipated to reach USD 5.2 billion by 2032. Its versatility and widespread use across sectors, particularly in food processing and pharmaceuticals, make it a preferred choice. This form's ease of handling, storage, and transport, as well as its longer shelf life and stability, contribute to its practical use in both industrial and household applications.

The market can also be segmented by end-user industries such as food & beverages, pharmaceutical, industrial, agrochemical, personal care, animal feed, and others. Holding a 22.7% market share, the food & beverage sector leads due to its extensive usage of sodium bicarbonate as a safe and natural ingredient, meeting the growing demand for processed and convenience foods.

Regionally, the United States is a prominent player in the North American sodium bicarbonate market, worth USD 598.3 million in 2023. This dominance is attributed to its high production capacity, availability of natural resources like trona ore, and strong demand across key industries. The U.S. also benefits from a robust distribution network and advanced production technology, which collectively reinforce its leadership position in the region.

Table of Contents

Chapter 1 Methodology & Scope

• 1.1 Market scope & definition
• 1.2 Base estimates & calculations
• 1.3 Forecast calculation
• 1.4 Data sources
  • 1.4.1 Primary
  • 1.4.2 Secondary
    • 1.4.2.1 Paid sources
    • 1.4.2.2 Public sources

Chapter 2 Executive Summary

• 2.1 Industry synopsis, 2021-2023

Chapter 3 Industry Insights

• 3.1 Industry ecosystem analysis
  • 3.1.1 Factor affecting the value chain
  • 3.1.2 Profit margin analysis
  • 3.1.3 Disruptions
  • 3.1.4 Future outlook
  • 3.1.5 Manufacturers
  • 3.1.6 Distributors
• 3.2 Supplier landscape
• 3.3 Profit margin analysis
• 3.4 Key news & initiatives
• 3.5 Regulatory landscape
• 3.6 Impact forces
  • 3.6.1 Growth drivers
    • 3.6.1.1 High consumption in the food industry
    • 3.6.1.2 Growing product demand from the personal care
  • 3.6.2 Industry pitfalls & challenges
    • 3.6.2.1 Health problems regarding consumption of medicines containing sodium bicarbonate for a longer interval
    • 3.6.2.2 Growing competition from substitutes
• 3.7 Growth potential analysis
• 3.8 Porter's analysis
• 3.9 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

• 4.1 Introduction
• 4.2 Company market share analysis
• 4.3 Competitive positioning matrix
• 4.4 Strategic outlook matrix

Chapter 5 Market Size and Forecast, Form By End Use, 2021-2032 (USD Billion) (Kilo Tons)

• 5.1 Key trends
• 5.2 Crystal/powdered crystal
  • 5.2.1 Food & beverage
  • 5.2.2 Industrial
  • 5.2.3 Pharmaceutical
  • 5.2.4 Personal care
  • 5.2.5 Agrochemical
  • 5.2.6 Animal feed
  • 5.2.7 Others
• 5.3 Liquid
  • 5.3.1 Food & beverage
  • 5.3.2 Industrial
  • 5.3.3 Pharmaceutical
  • 5.3.4 Personal care
  • 5.3.5 Agrochemical
  • 5.3.6 Animal feed
  • 5.3.7 Others
• 5.4 Slurry
  • 5.4.1 Food & beverage
  • 5.4.2 Industrial
  • 5.4.3 Pharmaceutical
  • 5.4.4 Personal care
  • 5.4.5 Agrochemical
  • 5.4.6 Animal feed
  • 5.4.7 Others

Chapter 6 Market Size and Forecast, By End Use, 2021-2032 (USD Billion) (Kilo Tons)

• 6.1 Key trends
• 6.2 Food & beverage
• 6.3 Industrial
• 6.4 Pharmaceutical
• 6.5 Personal care
• 6.6 Agrochemical
• 6.7 Animal feed
• 6.8 Others

Chapter 7 Market Size and Forecast, By Region, 2021-2032 (USD Billion) (Kilo Tons)

• 7.1 Key trends
• 7.2 North America
  • 7.2.1 U.S.
  • 7.2.2 Canada
• 7.3 Europe
  • 7.3.1 UK
  • 7.3.2 Germany
  • 7.3.3 France
  • 7.3.4 Italy
  • 7.3.5 Spain
  • 7.3.6 Russia
• 7.4 Asia Pacific
  • 7.4.1 China
  • 7.4.2 India
  • 7.4.3 Japan
  • 7.4.4 South Korea
  • 7.4.5 Australia
• 7.5 Latin America
  • 7.5.1 Brazil
  • 7.5.2 Mexico
• 7.6 MEA
  • 7.6.1 South Africa
  • 7.6.2 Saudi Arabia
  • 7.6.3 UAE

Chapter 8 Company Profiles

• 8.1 CIECH
• 8.2 Ciner Group
• 8.3 Church & Dwight
• 8.4 Crystal Mark
• 8.5 FMC
• 8.6 Haohua Honghe Chemical
• 8.7 Natural Soda
• 8.8 Opta Minerals
• 8.9 Sisecam
• 8.10 Solvay Specialty Polymers
• 8.11 Tata Chemicals
• 8.12 Tosoh
• 8.13 Vitro