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Global Ammonium Bicarbonate Market to Witness a Healthy Growth During 2021-2026, Driven by the Rising Demand in Various End-Use Industries

Ammonium Bicarbonate Market

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 214.16 million metric tons in 2022. The ammonia industry is further expected to grow at a CAGR of 4% in the forecast period of 2023-2028.

 

Ammonium Bicarbonate Market

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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.

 

Global Ammonium Bicarbonate Market by End Use

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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.

 

Global Ammonium Bicarbonate Market by Region

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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    Historical Trend (2018-2022)
            8.4.1.2    Forecast Trend (2023-2028)
        8.4.2    Technical Grade
            8.4.2.1    Historical Trend (2018-2022)
            8.4.2.2    Forecast Trend (2023-2028)
        8.4.3    Agriculture Grade
            8.4.3.1    Historical Trend (2018-2022)
            8.4.3.2    Forecast Trend (2023-2028)    
    8.5    Global Ammonium Bicarbonate Market by End Use
        8.5.1    Agricultural
            8.5.1.1    Historical Trend (2018-2022)
            8.5.1.2    Forecast Trend (2023-2028
        8.5.2    Ceramic
            8.5.2.1    Historical Trend (2018-2022)
            8.5.2.2    Forecast Trend (2023-2028
        8.5.3    Food and Beverage
            8.5.3.1    Historical Trend (2018-2022)
            8.5.3.2    Forecast Trend (2023-2028)
        8.5.4    Pharmaceutical
            8.5.4.1    Historical Trend (2018-2022)
            8.5.4.2    Forecast Trend (2023-2028)
        8.5.5    Rubber and Leather
            8.5.5.1    Historical Trend (2018-2022)
            8.5.5.2    Forecast Trend (2023-2028
        8.5.6    Textile
            8.5.6.1    Historical Trend (2018-2022)
            8.5.6.2    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    Historical Trend (2018-2022) 
            8.6.1.2    Forecast Trend (2023-2028)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2022) 
            8.6.2.2    Forecast Trend (2023-2028)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2022) 
            8.6.3.2    Forecast Trend (2023-2028)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2022) 
            8.6.4.2    Forecast Trend (2023-2028)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2022) 
            8.6.5.2    Forecast Trend (2023-2028)
9    North America Ammonium Bicarbonate Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2022) 
        9.1.2    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Historical Trend (2018-2022) 
        9.2.2    Forecast Trend (2023-2028)
10    Europe Ammonium Bicarbonate Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2022) 
        10.1.2    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Historical Trend (2018-2022) 
        10.2.2    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Historical Trend (2018-2022) 
        10.3.2    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Historical Trend (2018-2022) 
        10.4.2    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Ammonium Bicarbonate Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2022) 
        11.1.2    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Historical Trend (2018-2022) 
        11.2.2    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Historical Trend (2018-2022) 
        11.3.2    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2022) 
        11.4.2    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Historical Trend (2018-2022) 
        11.5.2    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Ammonium Bicarbonate Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2022) 
        12.1.2    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2022) 
        12.2.2    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2022) 
        12.3.2    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Ammonium Bicarbonate Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2022) 
        13.1.2    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2022) 
        13.2.2    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2022) 
        13.3.2    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2022) 
        13.4.2    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

What was the global ammonium bicarbonate market size in 2022?

The global ammonium bicarbonate market is being supported by the growth of the ammonia industry, which reached a volume of 214.16 million metric tons in 2022.

What is the growth rate of the market?

The ammonia market is projected to grow at a CAGR of 4% between 2023 and 2028, thus, aiding the growth of the ammonium bicarbonate industry further.

What are the major industry drivers?

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.

What are the key industry trends of the global ammonium bicarbonate market?

The key trend guiding the growth of the market includes the sustainable growth of the end use industries of the product.

What are the major regional markets of ammonium bicarbonate, according to the EMR report?

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the leading grades of ammonium bicarbonate in the market?

The leading grades of ammonium bicarbonate in the market are food grade, technical grade, and agriculture grade.

What are the significant end-use sectors in the industry?

The significant end-use sectors in the industry are agricultural, ceramic, food and beverage, pharmaceutical, rubber and leather, and textile, among others.

Who are the key industry players, according to the report?

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 2022, the global ammonia market stood at a volume of 214.16 million metric tons. 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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