Sodium Bicarbonate is a chemical compound with the formula NaHCO3. It is a salt composed of sodium ions and bicarbonate ions. Sodium bicarbonate is used in a wide range of applications including food, feed, pharmaceuticals, air pollution control, personal care products, etc.
According to our (Global Info Research) latest study, the global Baking Soda market size was valued at USD 1676.6 million in 2022 and is forecast to a readjusted size of USD 2017.5 million by 2029 with a CAGR of 2.7% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Baking Soda key players include Solvay S.A., Inner Mongolia Yuanxing Energy Co.,Ltd, CHD, Tosoh, etc. Global top four manufacturers hold a share about 40%.
China is the largest market, with a share over 25%, followed by United States, and Europe, both have a share about 45 percent.
In terms of product, Soda Ash is the largest segment, with a share over 65%. And in terms of application, the largest application is Food, followed by Industrial, Medicine, etc.
This report is a detailed and comprehensive analysis for global Baking Soda market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Baking Soda market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Baking Soda market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Baking Soda market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Baking Soda market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Baking Soda
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Baking Soda market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Solvay S.A., CHD, ANSAC, Inner Mongolia Yuanxing Energy Co.,Ltd and Tata Group, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Baking Soda market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Soda Ash
Double Decomposition
Natural Soda
Market segment by Application
Food
Industrial
Medicine
Other
Major players covered
Solvay S.A.
CHD
ANSAC
Inner Mongolia Yuanxing Energy Co.,Ltd
Tata Group
AGC
Tosoh
Shandong Haihua Group Co.,Ltd.
Hunan Yuhua Chemical Group Co.,Ltd.
Qingdao Soda Ash Industrial Co., Ltd.
Lianyungang Soda Ash Co.,Ltd.
Tianjin Bohai Wynn Chemical Co.,Ltd.
Novacap
ETİSODA INC
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Baking Soda product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Baking Soda, with price, sales, revenue and global market share of Baking Soda from 2018 to 2023.
Chapter 3, the Baking Soda competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Baking Soda breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Baking Soda market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Baking Soda.
Chapter 14 and 15, to describe Baking Soda sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Baking Soda . Industry analysis & Market Report on Baking Soda is a syndicated market report, published as Global Baking Soda Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Baking Soda market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.