Global Sodium Bicarbonate Market – Segmentation Analysis and Forecast | Technavio

December 17, 2017

LONDON–(BUSINESS WIRE)–#Metals–According to the latest market study released by Technavio,
the global
sodium bicarbonate market is expected to grow at a CAGR of around 1%
during the forecast period.

This research report titled ‘Global
Sodium Bicarbonate Market 2017-2021’ provides insights into the
market in terms of the trends that prevail and the revenue being
generated. This report also includes an up to date analysis and
forecasts for various market segments and all geographical regions.

This report is available at a USD 1,000 discount for a limited time
only: View
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The market research analysis categorizes the global sodium bicarbonate
into five application types:

Animal feed
Food and beverage
Flue gas treatment (FGT)
Pharma and cosmetics
Chemicals

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Animal feed segment has the highest market share

One of the key ingredients in the animal feed industry is sodium
bicarbonate. It was initially used as a cow supplement. Natural
feed-grade sodium bicarbonate reduces the acidic conditions while
stabilizing the rumen pH and provides excellent buffering qualities.
Sodium bicarbonate is used as an effective buffering agent that
maintains the pH between 5.5 and 6.8.

According to Mohd Shakeel Iqbal, a lead analyst at Technavio for metals
and minerals research, “To make the egg shells stronger,
sodium bicarbonate is used as a replacement for salt in poultry feed.
Sodium bicarbonate also provides as a source of sodium, which helps
provide drier litter and promotes a healthy living environment.”

Food and beverage – market size and forecast

The global sodium bicarbonate market in the food and beverage segment
was valued at USD 366.84 million in 2016 and is expected to reach USD
369 million by 2021. Sodium bicarbonate is primarily used in baking
soda. Its ability to react with acidic compounds in batters and dough
gives rise to the characteristic texture and grain in cakes and bread.
The release of CO2 helps expand the batter and dough and makes it
fluffy. In the food and beverage industry, sodium bicarbonate is used in
the following applications: baking goods, legumes and beans, food
coloring, effervescent soda, and vegetable and fruit scrub.

FGT – market size and forecast

Flue gas is an outcome of waste pollutants that are generated in
industrial processes. Pollutants such as hydrochloric and hydrofluoric
acids have to be treated before they can be released into the
environment. Sodium bicarbonate is used to treat such pollutants due to
its high reactivity and the ability to absorb the flue gas in a short
period of time.

“Sodium bicarbonate is a relatively new development in the FGT as
earlier lime hydrate was used for FGT. Sodium bicarbonate in the form of
baking soda is used for FGT as it acts as an alkaline reagent. This
helps destroy solid waste, refuse-derived fuel, waste wood, and sewage
sludge,” says Shakeel.

The top vendors highlighted by Technavio’s market research analysts in
this report are:

Asahi Glass
Church & Dwight
Novacap
Solvay
Tata Chemicals

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