Food Grade Sodium Bicarbonate Market
Food Grade Sodium Bicarbonate Market
The market for Food Grade Sodium Bicarbonate was estimated at $789.74 million in 2024; it is anticipated to increase to $1.02 billion by 2030, with projections indicating growth to around $1.25 billion by 2035.
Global Food Grade Sodium Bicarbonate Market Outlook
Revenue, 2024 (US$M)
$790M
Forecast, 2034 (US$B)
$1.20B
CAGR, 2024 - 2034
4.3%
Market Key Insights
- The Food Grade Sodium Bicarbonate market is projected to grow from $789.7 million in 2024 to $1.20 billion in 2034. This represents a CAGR of 4.3%, reflecting rising demand across Baking Aid, pH Control in Food Processing and Effervescent Agent in Beverages.
- Solvay, Tata Chemicals, Church and Dwight are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Food Grade Sodium Bicarbonate market and are expected to observe the growth CAGR of 3.0% to 4.0% between 2024 and 2030.
- Emerging markets including Vietnam, Nigeria and Colombia are expected to observe highest growth with CAGR ranging between 4.7% to 6.0%.
- Transition like Shift Towards Organic and Natural Ingredients is expected to add $57.8 million to the Food Grade Sodium Bicarbonate market growth by 2030
- The Food Grade Sodium Bicarbonate market is set to add $413 million between 2024 and 2034, with manufacturer targeting Medicine & Cleaning Agent Defining Applications projected to gain a larger market share.
- With Growing health consciousness, and Expanding applications in food industry, Food Grade Sodium Bicarbonate market to expand 52% between 2024 and 2034.
Opportunities in the Food Grade Sodium Bicarbonate
The changing landscape of the food and beverage sector offers a chance to expand the application of food grade sodium bicarbonate beyond baking and culinary purposes. Further exploration and awareness campaigns to integrate its use into global cuisines and develop innovative food items could significantly impact the market positively.
Growth Opportunities in North America and Europe
North America Outlook
Europe Outlook
Market Dynamics and Supply Chain
Driver: Growing Health Consciousness, and Food-Grade Sodium Bicarbonate as a Health Supplement
Restraint: Increasing Health Concerns
Opportunity: Sustainable Agriculture and Health Supplements Market
Challenge: Stringent Regulatory Framework
Supply Chain Landscape
Raw Material Suppliers
Solvay
Natural Soda
Mining & Refining Processes
Genesis Alkali
Tata Chemicals
Sodium Bicarbonate Manufacturing
Novacarb
Tosoh Corporation
End-use Industries
Baking Industry
Pharmaceuticals
Agriculture
Raw Material Suppliers
Solvay
Natural Soda
Mining & Refining Processes
Genesis Alkali
Tata Chemicals
Sodium Bicarbonate Manufacturing
Novacarb
Tosoh Corporation
End-use Industries
Baking Industry
Pharmaceuticals
Agriculture