Global Baking Soda Market Growth 2023-2029

Global Baking Soda Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Baking Soda Industry Forecast” looks at past sales and reviews total world Baking Soda sales in 2022, providing a comprehensive analysis by region and market sector of projected Baking Soda sales for 2023 through 2029. With Baking Soda sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Baking Soda industry.
This Insight Report provides a comprehensive analysis of the global Baking Soda landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Baking Soda portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Baking Soda market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Baking Soda and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Baking Soda.
The global Baking Soda market size is projected to grow from US$ 1594 million in 2022 to US$ 1947.7 million in 2029; it is expected to grow at a CAGR of 1947.7 from 2023 to 2029.
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 presents a comprehensive overview, market shares, and growth opportunities of Baking Soda market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Soda Ash
Double Decomposition
Natural Soda
Segmentation by application
Food
Industrial
Medicine
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Baking Soda market?
What factors are driving Baking Soda market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Baking Soda market opportunities vary by end market size?
How does Baking Soda break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.