Europe Sodium Bicarbonate Market Forecast to 2028 – COVID

Europe 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)

Report Code : BMIRE00026180 | Region : Europe | Industry : Chemicals and Materials | Published Date : 23/Sep/2022

The sodium bicarbonate market in Europe is expected to grow from US$ 412.57 million in 2022 to US$ 532.57 million by 2028. It is estimated to grow at a CAGR of 4.3% from 2022 to 2028.

The animal feed industry raising the demand is the major factor driving the Europe sodium bicarbonate market. The poultry sector is registering a continual rise across the region. 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 increasing population. 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 essential 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 Europe sodium bicarbonate market at a promising CAGR during the forecast period.

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

Europe Sodium Bicarbonate Market Segmentation

The Europe 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 France, Germany, the UK, Italy, Russia, and the Rest of Europe. The Rest of Europe is holding the largest market share in 2022.

AGC Inc.; Church & Dwight, Inc.; Ciech S.A.; GHCL Limited; Sişecam; Solvay S.A.; and Tosoh Corporation are the leading companies operating in the sodium bicarbonate market in the region.

At 4.3% CAGR, the Europe Sodium Bicarbonate Market is speculated to be worth US$ 532.57 Million by 2028, says The Insight Partners

According to The Insight Partners’ research, the Europe sodium bicarbonate market was valued at US$ 412.57 million in 2022 and is expected to reach US$ 532.57 million by 2028, registering an annual growth rate of 4.0% from 2022 to 2028. Increasing consumption of baked foods and high demand in animal feed industry are the critical factors attributed to the market expansion.

Sodium bicarbonate is one of the most commonly used ingredients in baking. It can be used as a leavening agent, pH buffer, and effervescent agent in bakery industries. When it comes in contact with an acid, it produces carbon dioxide gas. Carbon dioxide bubbles promote rising in cakes, cookies, and other baked goods. Bread, biscuits, cakes, pies, and pastries are among the most common products in the baking industry. Bread is a staple food in most of the countries in Europe. Organic bread is also becoming more and more popular in recent decades. In terms of organic bread, Germany is becoming one of the largest market in Europe. There are a wide variety of bread in Germany owing to the country's climatic conditions. Germany has a climate that allows all kinds of grain to be cultivated.

In line with the rising health concerns, the popularity of products with high-fiber and whole-grain content is growing in different countries. Thus, people prefer consuming whole meal, seeded, and gluten-free varieties of bread. Industrial producers have also started producing healthier baked goods, enriched with nutrients such as vitamins. Therefore, the surging consumption of baked food is driving the Europe sodium bicarbonate market.

On the contrary, environmental impact of sodium bicarbonate hurdles the growth of Europe sodium bicarbonate market.

Based on grade, the sodium bicarbonate market is segmented into food grade, pharmaceutical grade, feed grade, and technical grade and others. The technical grade and others segment held 37.9% market share in 2022, amassing US$ 156.22 million. It is projected to garner US$ 202.00 million by 2028 to expand at 4.4% CAGR during 2022–2028.

Based on form, the sodium bicarbonate market is bifurcated into powder and liquid. The former held 79.1% market share in 2022, amassing US$ 326.29 million. It is projected to garner US$ 417.50 million by 2028 to expand at 4.2% CAGR during 2022–2028.

By the end user, the Europe sodium bicarbonate market is further segmented into food and beverage, pharmaceutical, agriculture, chemical, cosmetic and personal care, textile and leather, homecare, and others. With 24.0% share of the domain, the food and beverage segment dominated the market in 2022. It accrued US$ 98.98 million in 2022 and is estimated to generate US$ 131.23 million by 2028 to grow at a CAGR of 4.8% over the forecast period.

Our regional analysis states that the Rest of Europe captured 28.5% market share in 2022. It was assessed at US$ 117.60 million in 2022 and is likely to hit US$ 147.25 million by 2028, exhibiting a CAGR of 3.8% during the forecast period.

Key players dominating the Europe sodium bicarbonate market are AGC Inc.; Church & Dwight, Inc.; Ciech S.A.; GHCL Limited; Sişecam; Solvay S.A.; and Tosoh Corporation among others.

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TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 Europe Sodium Bicarbonate Market, by Grade

1.3.2 Europe Sodium Bicarbonate Market, by Form

1.3.3 Europe Sodium Bicarbonate Market, by End User

1.3.4 Europe 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. Europe Sodium Bicarbonate Market Landscape

4.1 Market Overview

4.2 Porter's Five Forces Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Europe Sodium Bicarbonate Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Consumption of Baked Food Rising

5.1.2 Animal Feed Industry Raising the Demand

5.2 Market Restraints

5.2.1 Environmental Impact of Sodium Bicarbonate

5.3 Market Opportunities

5.3.1 High Focus on Treatment of Industrial Pollutants

5.4 Future Trends

5.4.1 Cosmetics and Personal Care Industries Growing

5.5 Impact Analysis

6. Sodium Bicarbonate Market – Europe Market Analysis

6.1 Europe Sodium Bicarbonate Market Overview

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

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

7. Europe Sodium Bicarbonate Market Analysis – By Grade

7.1 Overview

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

7.3 Food Grade

7.3.1 Overview

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

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

7.4 Pharmaceutical Grade

7.4.1 Overview

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

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

7.5 Feed Grade

7.5.1 Overview

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

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

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

8. Europe Sodium Bicarbonate Market Analysis – By Form

8.1 Overview

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

8.3 Powder

8.3.1 Overview

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

8.4 Liquid

8.4.1 Overview

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

9. Europe Sodium Bicarbonate Market Analysis – By End User

9.1 Overview

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

9.3 Food and Beverage

9.3.1 Overview

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

9.4 Pharmaceutical

9.4.1 Overview

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

9.5 Agriculture

9.5.1 Overview

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

9.6 Chemical

9.6.1 Overview

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

9.9 Homecare

9.9.1 Overview

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

9.10 Others

9.10.1 Overview

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

10. Europe Sodium Bicarbonate Market – Country Analysis

10.1 Overview

10.1.1 Europe: Sodium Bicarbonate Market, by Key Country

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

10.1.1.1.1 Germany: Sodium Bicarbonate Market, by Grade

10.1.1.1.2 Germany: Sodium Bicarbonate Market, by Form

10.1.1.1.3 Germany: Sodium Bicarbonate Market, by Application

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

10.1.1.2.1 France: Sodium Bicarbonate Market, by Grade

10.1.1.2.2 France: Sodium Bicarbonate Market, by Form

10.1.1.2.3 France: Sodium Bicarbonate Market, by Application

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

10.1.1.3.1 Italy: Sodium Bicarbonate Market, by Grade

10.1.1.3.2 Italy: Sodium Bicarbonate Market, by Form

10.1.1.3.3 Italy: Sodium Bicarbonate Market, by Application

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

10.1.1.4.1 UK: Sodium Bicarbonate Market, by Grade

10.1.1.4.2 UK: Sodium Bicarbonate Market, by Form

10.1.1.4.3 UK: Sodium Bicarbonate Market, by Application

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

10.1.1.5.1 Russia: Sodium Bicarbonate Market, by Grade

10.1.1.5.2 Russia: Sodium Bicarbonate Market, by Form

10.1.1.5.3 Russia: Sodium Bicarbonate Market, by Application

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

10.1.1.6.1 Rest of Europe: Sodium Bicarbonate Market, by Grade

10.1.1.6.2 Rest of Europe: Sodium Bicarbonate Market, by Form

10.1.1.6.3 Rest of Europe: 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 Church & Dwight, Inc.

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 Si?ecam

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 AGC 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 Ciech S.A.

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 GHCL Limited

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

12. Appendix

12.1 About The Insight Partners

12.2 Glossary of Terms

LIST OF TABLES.

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

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

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

Table 4.             Germany Sodium Bicarbonate Market, by Grade– Revenue and Forecast to 2028 (USD Million)

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

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

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

Table 8.             France Sodium Bicarbonate Market, by Form – Revenue and Forecast to 2028 (USD Million)

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

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

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

Table 12.          Italy Sodium Bicarbonate Market, by Application– Revenue and Forecast to 2028 (USD Million)

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

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

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

Table 16.          Russia Sodium Bicarbonate Market, by Crop Technique – Revenue and Forecast to 2028 (USD Million)

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

Table 18.          Russia Sodium Bicarbonate Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 19.          Rest of Europe Sodium Bicarbonate Market, by Grade– Revenue and Forecast to 2028 (USD Million)

Table 20.          Rest of Europe Sodium Bicarbonate Market, by Form – Revenue and Forecast to 2028 (USD Million)

Table 21.          Rest of Europe Sodium Bicarbonate Market, by Application– Revenue and Forecast to 2028 (USD Million)

Table 22.          Glossary of Terms, Europe Sodium Bicarbonate Market

LIST OF FIGURES.

Figure 1.           Europe Sodium Bicarbonate Market Segmentation

Figure 2.           Europe Sodium Bicarbonate Market Segmentation – By Country

Figure 3.           Europe Sodium Bicarbonate Market Overview

Figure 4.           Europe Sodium Bicarbonate Market, By Grade

Figure 5.           Europe Sodium Bicarbonate Market, by Country

Figure 6.           Porter's Five Forces Analysis

Figure 7.           Ecosystem: Europe Sodium Bicarbonate Market

Figure 8.           Expert Opinion

Figure 9.           Europe Sodium Bicarbonate Market Impact Analysis of Drivers and Restraints

Figure 10.        Europe Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11.        Europe Sodium Bicarbonate Market – Volume and Forecast to 2028 (Kilo Tons)

Figure 12.        Europe Sodium Bicarbonate Market Revenue Share, By Grade (2021 and 2028)

Figure 13.        Europe Food Grade: Europe Sodium Bicarbonate Market – Revenue and Forecast To 2028 (US$ Million)

Figure 14.        Europe Food Grade: Europe Sodium Bicarbonate Market – Volume and Forecast To 2028 (Kilo Tons)

Figure 15.        Europe Pharmaceutical Grade: Europe Sodium Bicarbonate Market – Revenue and Forecast To 2028 (US$ Million)

Figure 16.        Europe Pharmaceutical Grade: Europe Sodium Bicarbonate Market – Volume and Forecast To 2028 (Kilo Tons)

Figure 17.        Europe Feed Grade: Europe Sodium Bicarbonate Market – Revenue and Forecast To 2028 (US$ Million)

Figure 18.        Europe Feed Grade: Europe Sodium Bicarbonate Market – Revenue and Forecast To 2028 (Kilo Tons)

Figure 19.        Europe Technical Grade and Others: Europe Sodium Bicarbonate Market – Revenue and Forecast To 2028 (US$ Million)

Figure 20.        Europe Technical Grade and Others: Europe Sodium Bicarbonate Market – Volume and Forecast To 2028 (Kilo Tons)

Figure 21.        Europe Sodium Bicarbonate Market Revenue Share, By Form (2021 and 2028)

Figure 22.        Europe Powder: Europe Sodium Bicarbonate Market – Revenue and Forecast To 2028 (US$ Million)

Figure 23.        Europe Liquid: Europe Sodium Bicarbonate Market – Revenue and Forecast To 2028 (US$ Million)

Figure 24.        Europe Sodium Bicarbonate Market Revenue Share, By End User (2021 and 2028)

Figure 25.        Europe Food and Beverage: Europe Sodium Bicarbonate Market – Revenue and Forecast To 2028 (US$ Million)

Figure 26.        Europe Pharmaceutical: Europe Sodium Bicarbonate Market – Revenue and Forecast To 2028 (US$ Million)

Figure 27.        Europe Agriculture: Europe Sodium Bicarbonate Market – Revenue and Forecast To 2028 (US$ Million)

Figure 28.        Europe Chemical: Europe Sodium Bicarbonate Market – Revenue and Forecast To 2028 (US$ Million)

Figure 29.        Europe Cosmetic and Personal Care: Europe Sodium Bicarbonate Market – Revenue and Forecast To 2028 (US$ Million)

Figure 30.        Europe Textile and Leather: Europe Sodium Bicarbonate Market – Revenue and Forecast To 2028 (US$ Million)

Figure 31.        Europe Homecare: Europe Sodium Bicarbonate Market – Revenue and Forecast To 2028 (US$ Million)

Figure 32.        Europe Others: Europe Sodium Bicarbonate Market – Revenue and Forecast To 2028 (US$ Million)

Figure 33.        Europe: Sodium Bicarbonate Market, by Key Country – Revenue (2021) (US$ Million)

Figure 35.        Europe: Sodium Bicarbonate Market Revenue Share, by Key Country (2020 and 2028)

Figure 36.        Germany: Sodium Bicarbonate Market –Revenue and Forecast to 2028 (US$ Million)

Figure 37.        France: Sodium Bicarbonate Market –Revenue and Forecast to 2028 (US$ Million)

Figure 38.        Italy: Sodium Bicarbonate Market –Revenue and Forecast to 2028 (US$ Million)

Figure 39.        UK: Sodium Bicarbonate Market –Revenue and Forecast to 2028 (US$ Million)

Figure 40.        Russia: Sodium Bicarbonate Market –Revenue and Forecast to 2028 (US$ Million)

Figure 41.          Rest of Europe: Sodium Bicarbonate Market –Revenue and Forecast to 2028 (US$ Million)

The List of Companies - Europe Sodium Bicarbonate Market

● AGC Inc.

● Church & Dwight, Inc.

● Ciech S.A.

● GHCL Limited

● Si?ecam

● Solvay S.A.

● Tosoh Corporation

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe 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 Europe 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 Europe 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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