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Global Ammonium Bicarbonate Market: By Grade: Food, Technical, and Agriculture Grade; By End Use: Agricultural, Ceramic, Food and Beverage, Pharmaceutical, Rubber and Leather, Textile, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Competitive Landscape; Industry Events and Developments
Global Ammonium Bicarbonate Market Outlook
The global ammonium bicarbonate market is being aided by the growth of the global ammonia industry, which attained a volume of 198 million metric tons in 2020. The ammonia industry is further expected to grow at a CAGR of 4% in the forecast period of 2023-2028.
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The Growing Food Industry to Aid the Global Market for Ammonium Bicarbonate
The growing demand for ammonium bicarbonate in the food industry is aiding the growth of the ammonium bicarbonate industry. The product is used extensively within the food industry. For example, it is used as a raising agent in the preparations of baked products, like crackers and cookies. The rising demand for such food products in packaged or ready to eat format across both developed as well as emerging economies is boosting the market growth of the product. Furthermore, rapid urbanisation is supporting the growth of the food industry, which, in turn, is enhancing the market for ammonium bicarbonate.
Region-wise, the Asia Pacific region is a significant market for the product, as it holds a major share in the market. The market is driven by the rising food demand, along with the growing population in the region. Further expansion of the aforementioned factors is expected to contribute towards the market growth over the forecast period.
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Ammonium Bicarbonate: Market Segmentation
Ammonium bicarbonate refers to a type of inorganic chemical compound. It is a colourless, crystalline bicarbonate salt of the ammonium ion. The chemical is used as a raising agent in the food industry for the preparation of baked goods like cookies and crackers. It can also be used as a nitrogen fertilizer in the agriculture industry. Besides, it can be used as a constituent in the formulation of fire-extinguisher compounds and in the pharmaceutical industry, as well.
On the basis of grade, the market is divided into:
- Food Grade
- Technical Grade
- Agriculture Grade
Based on end use, the industry can be segmented into:
- Agricultural
- Ceramic
- Food and Beverage
- Pharmaceutical
- Rubber and Leather
- Textile
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Demand from the End Use Industries to Aid the Global Market Growth for Ammonium Bicarbonate
The ammonium bicarbonate industry is driven by the rising food industry, where it is employed as an active baking agent in the production of baked goods like biscuits, cookies, among others. Further, the growing population and urban development are strengthening the demand for food, which is likely to have a positive impact in the forecast period as well. Moreover, the highest quality standards of the product are also expected to aid the market growth in the forecast period. In addition to this, the product is also finding extensive use in the end-use industries, such as rubber and leather industry, among others. The sustainable growth of these industries is predicted to aid the ammonium bicarbonate industry positively in the forecast period.
However, due to strict regulations and standards associated with the use of chemicals in the food industry, the ammonium bicarbonate industry may find some hindrance over the forecast period.
Key Industry Players in the Global Ammonium Bicarbonate Market
The report gives a detailed analysis of the following key players in the global ammonium bicarbonate market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- BASF SE
- Sumitomo Chemical Co., Ltd.
- Nissan Chemical Corporation
- Mangalore Chemicals & Fertilizers Limited
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Grade, End Use, Region |
| Breakup by Grade | Food Grade, Technical Grade, Agriculture Grade |
| Breakup by End Use | Agricultural, Ceramic, Food and Beverage, Pharmaceutical, Rubber and Leather, Textile, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | BASF SE, Sumitomo Chemical Co., Ltd., Nissan Chemical Corporation, Mangalore Chemicals & Fertilizers Limited, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Ammonium Bicarbonate Market Analysis
8.1 Key Industry Highlights
8.2 Global Ammonium Bicarbonate Historical Market (2018-2022)
8.3 Global Ammonium Bicarbonate Market Forecast (2023-2028)
8.4 Global Ammonium Bicarbonate Market by Grade
8.4.1 Food Grade
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Technical Grade
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Agriculture Grade
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.5 Global Ammonium Bicarbonate Market by End Use
8.5.1 Agricultural
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028
8.5.2 Ceramic
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028
8.5.3 Food and Beverage
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Pharmaceutical
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Rubber and Leather
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028
8.5.6 Textile
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2018-2022)
8.5.6.3 Forecast Trend (2023-2028
8.5.7 Others
8.6 Global Ammonium Bicarbonate Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
9 North America Ammonium Bicarbonate Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Ammonium Bicarbonate Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Ammonium Bicarbonate Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Ammonium Bicarbonate Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Ammonium Bicarbonate Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
16.1 North America Historical Price Trends (2018-2022) & Forecast (2023-2028)
16.2 Europe Historical Price Trends (2018-2022) & Forecast (2023-2028)
16.3 Asia Pacific Historical Price Trends (2018-2022) & Forecast (2023-2028)
16.4 Latin America Historical Price Trends (2018-2022) & Forecast (2023-2028)
16.5 Middle East & Africa Historical Price Trends (2018-2022) & Forecast (2023-2028)
17 Manufacturing Process
17.1 Overview
17.2 Detailed Process Flow
17.3 Operation Involved
18 Competitive Landscape
18.1 Market Structure
18.2 Company Profiles
18.2.1 BASF SE
18.2.1.1 Company Overview
18.2.1.2 Product Portfolio
18.2.1.3 Demographic Reach and Achievements
18.2.1.4 Certifications
18.2.2 Sumitomo Chemical Co., Ltd.
18.2.2.1 Company Overview
18.2.2.2 Product Portfolio
18.2.2.3 Demographic Reach and Achievements
18.2.2.4 Certifications
18.2.3 Nissan Chemical Corporation
18.2.3.1 Company Overview
18.2.3.2 Product Portfolio
18.2.3.3 Demographic Reach and Achievements
18.2.3.4 Certifications
18.2.4 Mangalore Chemicals & Fertilizers Limited
18.2.4.1 Company Overview
18.2.4.2 Product Portfolio
18.2.4.3 Demographic Reach and Achievements
18.2.4.4 Certifications
18.2.5 Others
19 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Ammonium Bicarbonate Market: Key Industry Highlights, 2018 and 2028
2. Global Ammonium Bicarbonate Historical Market: Breakup by Grade (Million Metric Tons), 2018-2022
3. Global Ammonium Bicarbonate Market Forecast: Breakup by Grade (Million Metric Tons), 2023-2028
4. Global Ammonium Bicarbonate Historical Market: Breakup by End Use (Million Metric Tons), 2018-2022
5. Global Ammonium Bicarbonate Market Forecast: Breakup by End Use (Million Metric Tons), 2023-2028
6. Global Ammonium Bicarbonate Historical Market: Breakup by Region (Million Metric Tons), 2018-2022
7. Global Ammonium Bicarbonate Market Forecast: Breakup by Region (Million Metric Tons), 2023-2028
8. North America Ammonium Bicarbonate Historical Market: Breakup by Country (Million Metric Tons), 2018-2022
9. North America Ammonium Bicarbonate Market Forecast: Breakup by Country (Million Metric Tons), 2023-2028
10. Europe Ammonium Bicarbonate Historical Market: Breakup by Country (Million Metric Tons), 2018-2022
11. Europe Ammonium Bicarbonate Market Forecast: Breakup by Country (Million Metric Tons), 2023-2028
12. Asia Pacific Ammonium Bicarbonate Historical Market: Breakup by Country (Million Metric Tons), 2018-2022
13. Asia Pacific Ammonium Bicarbonate Market Forecast: Breakup by Country (Million Metric Tons), 2023-2028
14. Latin America Ammonium Bicarbonate Historical Market: Breakup by Country (Million Metric Tons), 2018-2022
15. Latin America Ammonium Bicarbonate Market Forecast: Breakup by Country (Million Metric Tons), 2023-2028
16. Middle East and Africa Ammonium Bicarbonate Historical Market: Breakup by Country (Million Metric Tons), 2018-2022
17. Middle East and Africa Ammonium Bicarbonate Market Forecast: Breakup by Country (Million Metric Tons), 2023-2028
18. North America Historical Price Trends and Forecast 2018-2028
19. Europe Historical Price Trends and Forecast 2018-2028
20. Asia Pacific Historical Price Trends and Forecast 2018-2028
21. Latin America Historical Price Trends and Forecast 2018-2028
22. Middle East and Africa Historical Price Trends and Forecast 2018-2028
23. Global Ammonium Bicarbonate Market Structure
Key Questions Answered in the Report
The global ammonium bicarbonate market is being supported by the growth of the ammonia industry, which reached a volume of 198 million metric tons in 2020.
The ammonia market is projected to grow at a CAGR of 4% between 2021 and 2026, thus, aiding the growth of the ammonium bicarbonate industry further.
The major drivers of the industry, such as rising disposable incomes, increasing population, rising demand form the food industry, growing consumption of packaged food, and the rising demand from the rubber and leather industries, are expected to aid the market growth.
The key trend guiding the growth of the market includes the sustainable growth of the end use industries of the product.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading grades of ammonium bicarbonate in the market are food grade, technical grade, and agriculture grade.
The significant end-use sectors in the industry are agricultural, ceramic, food and beverage, pharmaceutical, rubber and leather, and textile, among others.
The major players in the industry are BASF SE, Sumitomo Chemical Co., Ltd., Nissan Chemical Corporation, and Mangalore Chemicals & Fertilizers Limited, among others.
Analyst Review
The global ammonium bicarbonate market is expected to be supported by the growth of the ammonia market. In 2020, the global ammonia market stood at a volume of 198 million metric tons in 2020. In the forecast period of 2023-2028, the ammonia market is projected to grow at a CAGR of 4%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on grade, the industry can be segmented into food grade, technical grade, and agriculture grade. On the basis of end-use, the market is divided into agricultural, ceramic, food and beverage, pharmaceutical, rubber and leather, and textile, among others. The major regional markets for ammonium bicarbonate are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include BASF SE, Sumitomo Chemical Co., Ltd., Nissan Chemical Corporation, and Mangalore Chemicals & Fertilizers Limited, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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