Asia Pacific Sodium Bicarbonate Market Forecast to 2028

Report Code : BMIRE00026173 | Region : Asia Pacific | Industry : Chemicals and Materials | Published Date : 22/Sep/2022
Asia Pacific Sodium Bicarbonate Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Grade (Food Grade, Pharmaceutical Grade, Feed Grade, and Technical Grade and Others), Form (Powder and Liquid), and End User (Food & Beverages, Pharmaceutical, Agriculture, Chemical, Cosmetic & Personal Care, Textile & Leather, Homecare, and Others)

The sodium bicarbonate market in Asia Pacific is expected to grow from US$ 684.58 million in 2022 to US$ 906.99 million by 2028. It is estimated to grow at a CAGR of 4.8% from 2022 to 2028.

The high demand for sodium bicarbonate in the animal feed industry is a major factor driving the Asia Pacific sodium bicarbonate market. The poultry sector is registering a continual rise across the world. An increase in poultry production is mainly attributed to the rising demand for poultry meat and eggs. The upswing in poultry production is catering substantially to the bolstering need for the APAC population. Further, Australia has a developed and high-value animal husbandry sector, with cattle, sheep, and fish farming. This can be attributed to the increasing demand for animal products, such as meat, cheese, and milk powder, in the country.

According to the Poultry Hub Australia, there are currently more than 800 commercial meat chicken growers in Australia. According to the Australian Bureau of Statistics 2015/16 report, over 1267658 tons (1150000 tonnes) of chicken meat is produced annually in Australia, which is almost entirely consumed within the domestic market. Consumers perceive chicken meat as one of the most popular protein sources. As per the Australian Bureau of Agricultural and Resource Economics and Sciences, New South Wales was the largest producing state, accounting for 32% of total national poultry production in 2019–20. Further, according to the Queensland Farmers' Federation, the poultry industry remains one of the fastest growing in Queensland, and chicken production accounts for nearly 21% of overall national production in the state.

Egg consumption has also been growing in various countries. Dairy farms have been increasing the number of milking cows. The aquaculture industry is the largest raw material supplier for the seafood industry of Australia. Salmon, trout, prawns, and barramundi are some significant species farmed in the aquaculture industry in Australia.

With a growing demand for different animal products, the agricultural sector is focusing on scaling up the rearing of animals. With the growth of the dairy, chicken meat, and aquaculture industries, the need for animal feed is also on the rise. This is creating demand for sodium bicarbonate, as it is used as animal feed material. Feed-grade sodium bicarbonate is used in preparing nutrition mixes for poultry, livestock, and aqua produce. Sodium bicarbonate is an important source of sodium for livestock and poultry, and it enriches animals' feed with sodium.

Vendors can attract new customers and expand their footprints in emerging markets with new features and technologies. This factor is likely to drive the Asia Pacific sodium bicarbonate market at a promising CAGR during the forecast period.

Asia Pacific Sodium Bicarbonate Market Revenue and Forecast to 2028 (US$ Million)

Asia Pacific Sodium Bicarbonate Market Segmentation

The Asia Pacific sodium bicarbonate market is segmented by grade, form, end user, and country. Based on grade, the market is segmented into food grade, pharmaceutical grade, feed grade, and technical grade and others. The technical grade and others segment has been holding the largest market share in 2022.

Based on form, the market is segmented into powder and liquid. The powder segment is holding a larger market share in 2022.

Based on end user, the market is segmented into food & beverages, pharmaceutical, agriculture, chemical, cosmetic & personal care, textile & leather, homecare, and others. The food & beverages segment is holding the largest market share in 2022.

Based on country, the regional market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China is holding the largest market share in 2022.

AGC Inc.; All Chemical Manufacturing & Consultancy Pty Ltd; Church & Dwight, Inc.; Ciech S.A.; GHCL Limited; Pon Pure Chemicals Group; Sişecam; Solvay S.A.; and Tosoh Corporation are the leading companies operating in the sodium bicarbonate market in the region.

The List of Companies - Asia Pacific Sodium Bicarbonate Market

● AGC Inc.

● All Chemical Manufacturing & Consultancy Pty Ltd

● Church & Dwight, Inc.

● Ciech S.A.

● GHCL Limited

● Pon Pure Chemicals Group

● Si?ecam

● Solvay S.A.

● Tosoh Corporation

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 APAC Sodium Bicarbonate Market, by Grade

1.3.2 APAC Sodium Bicarbonate Market, by Form

1.3.3 APAC Sodium Bicarbonate Market, by End User

1.3.4 APAC Sodium Bicarbonate Market, by Country

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Hypothesis formulation:

3.2.4 Macro-economic factor analysis:

3.2.5 Developing base number:

3.2.6 Data Triangulation:

3.2.7 Country level data:

4. APAC Sodium Bicarbonate Market Landscape

4.1 Market Overview

4.2 Porter's Five Forces Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. APAC Sodium Bicarbonate Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Rising Consumption of Baked Food

5.1.2 High Demand in Animal Feed Industry

5.2 Market Restraints

5.2.1 Environmental Impact of Sodium Bicarbonate

5.3 Market Opportunities

5.3.1 Growing Focus on Treatment of Industrial Pollutants

5.4 Future Trends

5.4.1 Proliferation of Cosmetics and Personal Care Industries

5.5 Impact Analysis

6. Sodium Bicarbonate Market – APAC Market Analysis

6.1 APAC Sodium Bicarbonate Market Overview

6.2 APAC Sodium Bicarbonate Market –Revenue and Forecast to 2028 (US$ Million)

6.3 APAC Sodium Bicarbonate Market –Volume and Forecast to 2028 (Kilo Tons)

7. APAC Sodium Bicarbonate Market Analysis – By Grade

7.1 Overview

7.2 APAC Sodium Bicarbonate Market, By Grade (2021 and 2028)

7.3 Food Grade

7.3.1 Overview

7.3.2 Food Grade: APAC Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Million)

7.3.3 Food Grade: APAC Sodium Bicarbonate Market – Volume and Forecast to 2028 (Kilo Tons)

7.4 Pharmaceutical Grade

7.4.1 Overview

7.4.2 Pharmaceutical Grade: APAC Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Million)

7.4.3 Pharmaceutical Grade: APAC Sodium Bicarbonate Market – Volume and Forecast to 2028 (Kilo Tons)

7.5 Feed Grade

7.5.1 Overview

7.5.2 Feed Grade: APAC Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Million)

7.5.3 Feed Grade: APAC Sodium Bicarbonate Market – Volume and Forecast to 2028 (Kilo Tons)

7.6 Technical Grade and Others

7.6.1 Overview

7.6.2 Technical Grade and Others: APAC Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Million)

7.6.3 Technical Grade and Others: APAC Sodium Bicarbonate Market – Volume and Forecast to 2028 (Kilo Tons)

8. APAC Sodium Bicarbonate Market Analysis – By Form

8.1 Overview

8.2 APAC Sodium Bicarbonate Market, By Form (2021 and 2028)

8.3 Powder

8.3.1 Overview

8.3.2 Powder: APAC Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Liquid

8.4.1 Overview

8.4.2 Liquid: APAC Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Million)

9. APAC Sodium Bicarbonate Market Analysis – By End User

9.1 Overview

9.2 APAC Sodium Bicarbonate Market, By End User (2021 and 2028)

9.3 Food and Beverage

9.3.1 Overview

9.3.2 Food and Beverage: APAC Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Million)

9.4 Pharmaceutical

9.4.1 Overview

9.4.2 Pharmaceutical: APAC Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Million)

9.5 Agriculture

9.5.1 Overview

9.5.2 Agriculture: APAC Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Million)

9.6 Chemical

9.6.1 Overview

9.6.2 Chemical: APAC Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Million)

9.7 Cosmetic and Personal Care

9.7.1 Overview

9.7.2 Cosmetic and Personal Care: APAC Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Million)

9.8 Textile and Leather

9.8.1 Overview

9.8.2 Textile and Leather: APAC Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Million)

9.9 Homecare

9.9.1 Overview

9.9.2 Homecare: APAC Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Million)

9.10 Others

9.10.1 Overview

9.10.2 Others: APAC Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Million)

10. APAC Sodium Bicarbonate Market – Country Analysis

10.1 Overview

10.1.1 APAC: Sodium Bicarbonate Market, by Key Country

10.1.1.1 Australia: Sodium Bicarbonate Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1 Australia: Sodium Bicarbonate Market, by Grade

10.1.1.1.2 Australia: Sodium Bicarbonate Market, by Grade

10.1.1.1.3 Australia: Sodium Bicarbonate Market, by Form

10.1.1.1.4 Australia: Sodium Bicarbonate Market, by Application

10.1.1.2 China: Sodium Bicarbonate Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1 China: Sodium Bicarbonate Market, by Grade

10.1.1.2.2 China: Sodium Bicarbonate Market, by Grade

10.1.1.2.3 China: Sodium Bicarbonate Market, by Form

10.1.1.2.4 China: Sodium Bicarbonate Market, by Application

10.1.1.3 India: Sodium Bicarbonate Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1 India: Sodium Bicarbonate Market, by Grade

10.1.1.3.2 India: Sodium Bicarbonate Market, by Grade

10.1.1.3.3 India: Sodium Bicarbonate Market, by Form

10.1.1.3.4 India: Sodium Bicarbonate Market, by Application

10.1.1.4 Japan: Sodium Bicarbonate Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.4.1 Japan: Sodium Bicarbonate Market, by Grade

10.1.1.4.2 Japan: Sodium Bicarbonate Market, by Grade

10.1.1.4.3 Japan: Sodium Bicarbonate Market, by Form

10.1.1.5 South Korea: Sodium Bicarbonate Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.5.1 South Korea: Sodium Bicarbonate Market, by Grade

10.1.1.5.2 South Korea: Sodium Bicarbonate Market, by Grade

10.1.1.5.3 South Korea: Sodium Bicarbonate Market, by Form

10.1.1.5.4 South Korea: Sodium Bicarbonate Market, by Application

10.1.1.6 Rest of APAC: Sodium Bicarbonate Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.6.1 Rest of APAC: Sodium Bicarbonate Market, by Grade

10.1.1.6.2 Rest of APAC: Sodium Bicarbonate Market, by Form

10.1.1.6.3 Rest of APAC: Sodium Bicarbonate Market, by Application

11. Company Profiles

11.1 Solvay S.A.

11.1.1 Key Facts

11.1.2 Business Description

11.1.3 Products and Services

11.1.4 Financial Overview

11.1.5 SWOT Analysis

11.1.6 Key Developments

11.2 Tosoh Corporation

11.2.1 Key Facts

11.2.2 Business Description

11.2.3 Products and Services

11.2.4 Financial Overview

11.2.5 SWOT Analysis

11.2.6 Key Developments

11.3 All Chemical Manufacturing & Consultancy Pty Ltd

11.3.1 Key Facts

11.3.2 Business Description

11.3.3 Products and Services

11.3.4 Financial Overview

11.3.5 SWOT Analysis

11.3.6 Key Developments

11.4 Pon Pure Chemicals Group

11.4.1 Key Facts

11.4.2 Business Description

11.4.3 Products and Services

11.4.4 Financial Overview

11.4.5 SWOT Analysis

11.4.6 Key Developments

11.5 Church & Dwight, Inc.

11.5.1 Key Facts

11.5.2 Business Description

11.5.3 Products and Services

11.5.4 Financial Overview

11.5.5 SWOT Analysis

11.5.6 Key Developments

11.6 Si?ecam

11.6.1 Key Facts

11.6.2 Business Description

11.6.3 Products and Services

11.6.4 Financial Overview

11.6.5 SWOT Analysis

11.6.6 Key Developments

11.7 AGC Inc.

11.7.1 Key Facts

11.7.2 Business Description

11.7.3 Products and Services

11.7.4 Financial Overview

11.7.5 SWOT Analysis

11.7.6 Key Developments

11.8 Ciech S.A.

11.8.1 Key Facts

11.8.2 Business Description

11.8.3 Products and Services

11.8.4 Financial Overview

11.8.5 SWOT Analysis

11.8.6 Key Developments

11.9 GHCL Limited

11.9.1 Key Facts

11.9.2 Business Description

11.9.3 Products and Services

11.9.4 Financial Overview

11.9.5 SWOT Analysis

11.9.6 Key Developments

12. Appendix

12.1 About The Insight Partners

12.2 Glossary of Terms

LIST OF TABLES.

Table 1.             APAC Sodium Bicarbonate Market –Revenue and Forecast to 2028 (US$ Million)

Table 2.             APAC Sodium Bicarbonate Market –Volume and Forecast to 2028 (Kilo Tons)

Table 3.             Australia Sodium Bicarbonate Market, by Grade– Revenue and Forecast to 2028 (USD Million)

Table 4.             Australia Sodium Bicarbonate Market, by Grade– Volume and Forecast to 2028 (Kilo Tons)

Table 5.             Australia Sodium Bicarbonate Market, by Form – Revenue and Forecast to 2028 (USD Million)

Table 6.             Australia Sodium Bicarbonate Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 7.             China Sodium Bicarbonate Market, by Grade– Revenue and Forecast to 2028 (USD Million)

Table 8.             China Sodium Bicarbonate Market, by Grade – Volume and Forecast to 2028 (Kilo Tons)

Table 9.             China Sodium Bicarbonate Market, by Form – Revenue and Forecast to 2028 (USD Million)

Table 10.          China Sodium Bicarbonate Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 11.          India Sodium Bicarbonate Market, by Grade– Revenue and Forecast to 2028 (USD Million)

Table 12.          India Sodium Bicarbonate Market, by Grade– Volume and Forecast to 2028 (Kilo Tons)

Table 13.          India Sodium Bicarbonate Market, by Form– Revenue and Forecast to 2028 (USD Million)

Table 14.          India Sodium Bicarbonate Market, by Application– Revenue and Forecast to 2028 (USD Million)

Table 15.          Japan Sodium Bicarbonate Market, by Grade– Revenue and Forecast to 2028 (USD Million)

Table 16.          Japan Sodium Bicarbonate Market, by Grade– Volume and Forecast to 2028 (Kilo Tons)

Table 17.          Japan Sodium Bicarbonate Market, by Form – Revenue and Forecast to 2028 (USD Million)

Table 18.          South Korea Sodium Bicarbonate Market, by Grade– Revenue and Forecast to 2028 (USD Million)

Table 19.          South Korea Sodium Bicarbonate Market, by Grade– Volume and Forecast to 2028 (Kilo Tons)

Table 20.          South Korea Sodium Bicarbonate Market, by Form – Revenue and Forecast to 2028 (USD Million)

Table 21.          South Korea Sodium Bicarbonate Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 22.          Rest of APAC Sodium Bicarbonate Market, by Grade– Revenue and Forecast to 2028 (USD Million)

Table 23.          Rest of APAC Sodium Bicarbonate Market, by Form Type – Revenue and Forecast to 2028 (USD Million)

Table 24.          Rest of APAC Sodium Bicarbonate Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 25.          Glossary of Terms, APAC Sodium Bicarbonate Market

The List of Companies - Asia Pacific Sodium Bicarbonate Market

● AGC Inc.

● All Chemical Manufacturing & Consultancy Pty Ltd

● Church & Dwight, Inc.

● Ciech S.A.

● GHCL Limited

● Pon Pure Chemicals Group

● Si?ecam

● Solvay S.A.

● Tosoh Corporation

Reason To Buy

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific sodium bicarbonate market

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific sodium bicarbonate market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the sodium bicarbonate market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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