Food Grade Ammonium Bicarbonate Market
Food Grade Ammonium Bicarbonate Market : Global Industry Analysis 2015 - 2019 and Opportunity Assessment 2020 - 2030
Market Insights on Food Grade Ammonium Bicarbonate covering sales outlook, demand forecast & up-to-date key trends
Food Grade Ammonium Bicarbonate Market Overview
Ammonium Bicarbonate is a form of inorganic chemical substance with the HCO3 formula. Ammonium bicarbonate is quickly degraded in the presence of moisture, carbon dioxide and ammonium.
It's being used as source of carbon dioxide in many low-moisture bakery products. Ammonium bicarbonate is formulated by the mixture of carbon dioxide and ammonium. It is thermodynamically unstable, so that the obtained product of the ammonium bicarbonate is kept refrigerated. The beneficial properties of food grade ammonium bicarbonate in bakery & confectionery industry driving the growth of global food grade ammonium bicarbonate market.
Food grade Ammonium bicarbonate is often used as a raising agent in the food processing industry for baked goods such as cookies and cracker. Food grade ammonium bicarbonate is also recognized in the food sector as a baking powder.
North America is expected to see substantial growth in the global market for food grade ammonium bicarbonate over the forecast period, due to increased demand for well-established pharmaceutical industry and packaged foods all across region.
In addition, the food industries in the Latin America and MEA have seen substantial growth over the years. These factors are expected to drive the growth for food grade ammonium bicarbonate in these regions during the forecast period.
Intensifying Growth of the Food Industry Along with an Increasing Population
Food grade ammonium bicarbonate is commonly used in the food industry for the manufacture of baked food products such as biscuits and cookies among others. Globally, the food industry has witnessed substantial growth in recent years. Increasing urbanization and population are growing food demand, which is expected to fuel demand for food grade ammonium bicarbonate in the near future.
Being a very effective baking agent, food grade ammonium bicarbonate does not leave any flavour-affected deposits. It always follows the highest expectations of quality. Such a trend is also expected to build a solid foundation for significant growth in the global demand for food grade ammonium bicarbonate over the forecast period.
A few health-related illnesses, such as breathing food grade ammonium bicarbonate, can irritate the nose, lungs, and throat, causing shortness of breath, wheezing and coughing. In addition, the existence of substitutes has been some of the factors that are expected to impede the development of the food grade ammonium bicarbonate market during the forecast period.
Food Grade Ammonium Bicarbonate: Key Players
Some of the key players driving the growth of the global food grade ammonium bicarbonate market includes
- BASF SE
- Fengxi Fertilizer
- ADDCON Nordic A/S
- Suvidhi Chemicals
- Boyu Chemical
- Mangalore Chemicals
Food Grade Ammonium Bicarbonate: Regional Analysis
Nowadays, the rising demand for healthy food is driven mainly by the global food industry. Demand for ready-to-eat food and packaged food products across both established and developing countries also plays a vital role in the global food grade ammonium bicarbonate growth. Urban development is now one of the main factors for the food industry growth.
From a global perspective, food grade ammonium bicarbonate in the Asia-Pacific region is projected to account for a large share and is projected to rise growth over the forecast period. Growing population, coupled with an increased food consumption, is one of the main drivers for the food grade ammonium bicarbonate market in the Asia-Pacific region in the near future. The safe or eco-friendly aspect of the food grade ammonium bicarbonate can be attributed to the growth of the food grade ammonium bicarbonate market in Europe.
The food grade ammonium bicarbonate market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size.
The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the food grade ammonium bicarbonate market, including but not limited to: regional markets, type, and application.
The study is a source of reliable data on
- Food grade ammonium bicarbonate market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The food grade ammonium bicarbonate market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases).
The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the food grade ammonium bicarbonate market report projects the attractiveness of each major segment over the forecast period.
Food Grade Ammonium Bicarbonate: Market Segmentation
Basis of Type:
- Above 99%
- Other Applications