Global Sodium Bicarbonate Market Overview:
Sodium bicarbonate which is also known as baking soda and is a chemical compound, it consists of sodium cation and bicarbonate anion. It basically appears as a white solid crystalline mostly in fine powder form. This sodium bicarbonate is used to relieves heartburn and indigestion and is increasingly demanded as pharmaceutical ingredients. It is used in a wide range of applications such as in food products, pharmaceutical products, animal feed, and others. Some of the players profiled in the study are Tata Chemicals Ltd. (India), Spectrum Chemicals & Laboratory Products (United States), Johnson Matthey (United States), Solvay (Belgium), Thomas Scientific (United States), Merck Group (Germany), Bredox B.V. (Netherlands), Natrium Products Inc (United States) and Ishtar Company LLC (United Arab Emirates).
On the basis of geography, the market of Sodium Bicarbonate has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Form, the sub-segment i.e. Tablet will boost the Sodium Bicarbonate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Sodium Bicarbonate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Dosage, the sub-segment i.e. By Mouth will boost the Sodium Bicarbonate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Adult will boost the Sodium Bicarbonate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Growing Prevalence of Hartburn and Acid Indigestion related Problems in People
- Demand for the Baking Soda in Various Household Application
Influencing Trend
- The popularity of Sodium Bicarbonate as a Baking Soda in Variety of Bakery Products
Restraints
- Adverse Effects Associated with Sodium Bicarbonate Products
Opportunities
- Surging Demand for Sodium Bicarbonate in Pharmaceutical Products
- Continuous Research and Development in Sodium Bicarbonate
Challenges
- Stringent Regulatory Guidelines Imposed on the Production and Sale of Sodium Bicarbonate
"According to FDA, sodium bicarbonate (NaHCO3) is prepared by treating a sodium carbonate or sodium carbonate and sodium bicarbonate solution with carbon dioxide. As carbon dioxide is absorbed, a suspension of sodium bicarbonate forms. The slurry is filtered, forming a cake that is washed and dried. In accordance with § 184.1, the ingredient is used in food with no limitation other than current good manufacturing practice. Prior sanctions for this ingredient different from the uses established in this section do not exist or have been waived."
Target Audience:
Sodium Bicarbonate Producers, Sodium Bicarbonate International Traders, Sodium Bicarbonate Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Sodium Bicarbonate market on the basis of product [] , application [Food Products, Pharmaceuticals, Animal Feed and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Sodium Bicarbonate market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Sodium Bicarbonate industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Sodium Bicarbonate market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.