Global Sodium Bicarbonate Market to Reach US$2.2 Billion by 2030

The global market for Sodium Bicarbonate estimated at US$1.5 Billion in the year 2023, is expected to reach US$2.2 Billion by 2030, growing at a CAGR of 5.7% over the analysis period 2023-2030. Crystal / Powdered Crystal, one of the segments analyzed in the report, is expected to record a 5.9% CAGR and reach US$1.8 Billion by the end of the analysis period. Growth in the Liquid segment is estimated at 4.7% CAGR over the analysis period.

The U.S. Market is Estimated at US$348.0 Million While China is Forecast to Grow at 6.7% CAGR

The Sodium Bicarbonate market in the U.S. is estimated at US$348.0 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$456.9 Million by the year 2030 trailing a CAGR of 6.7% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 4.3% and 5.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.8% CAGR.

Global Sodium Bicarbonate Market - Key Trends & Drivers Summarized

Sodium bicarbonate, commonly known as baking soda, is a white crystalline powder that is naturally alkaline, or basic in terms of chemical properties. It is a versatile compound that plays a crucial role in a wide array of applications ranging from baking and cleaning to pharmaceuticals and industrial processes. In baking, sodium bicarbonate acts as a leavening agent; when combined with an acid, it produces carbon dioxide gas, which helps dough rise. Beyond culinary uses, it is valued in personal care for its deodorizing properties, in medicine for its ability to neutralize stomach acid, and in cleaning for its mild abrasive and natural cleansing abilities.

The industrial applications of sodium bicarbonate are vast and growing. It is used as a feedstock in the production of many chemicals and as a pH neutralizer in the treatment of water. Sodium bicarbonate is also integral in environmental applications; for instance, it is used to treat flue gases in factories and power plants, helping to reduce harmful emissions such as sulfur dioxide, thus mitigating air pollution. Additionally, its mild abrasive quality makes it suitable for use in grit blasting processes used in paint and corrosion removal from buildings and machinery, where it is preferred for not damaging the underlying material.

The growth in the sodium bicarbonate market is driven by several factors, including increased demand in health, food, and environmental applications, advancements in production technology, and consumer behavior trends favoring safe and environmentally friendly products. The pharmaceutical sector’s use of sodium bicarbonate for medical conditions such as acid indigestion and heartburn continues to rise, reflecting greater health awareness and self-medication trends among consumers. In the food industry, clean labeling trends and consumer demand for natural ingredients have bolstered the use of sodium bicarbonate as a natural rising agent as opposed to artificial alternatives. Technological advancements have improved the efficiency and sustainability of sodium bicarbonate production, making it more attractive and affordable for wide-ranging industrial applications. Furthermore, regulatory pressure to reduce industrial emissions and maintain environmental quality supports the increased use of sodium bicarbonate in pollution control technologies.