The encapsulated sodium bicarbonate market is projected to record a positive CAGR during the forecast period. Encapsulated sodium bicarbonate is primarily used as an agent that decreases stomach acids and is used in bakeries.
Key global manufacturers are also investing significantly in the Research and Development of encapsulation technologies, propelling the growth of the encapsulated sodium bicarbonate market. The cost of the encapsulated sodium bicarbonate is higher than the cost of the end product, which acts as a restraint in the sales of encapsulated sodium bicarbonate.
The encapsulated sodium bicarbonate market is anticipated to show promising growth prospects during the forecast period as it recovers from the damage done by the pandemic.
As the lockdown ends and the government starts releasing the restrictions, key players are working in the process of covering as much market as they can and experimenting with new marketing tactics in order to increase the sales of encapsulated sodium bicarbonate globally.
Increasing demand for encapsulated sodium bicarbonate as an important element for the food ingredient delivery system is also projected to contribute to the sales of encapsulated sodium bicarbonate.
The report sheds light on the factors improving the sales of encapsulated sodium bicarbonate market and, in turn, the opportunities for the market players.
The encapsulated sodium bicarbonate market also faces some challenges like unavailability of supply and disturbed distribution channels. This might limit the sales of encapsulated sodium bicarbonate from expanding its boundaries.
Some of the key encapsulated sodium bicarbonate market trends are followed by industry-specific by-products that diversify the options for end-users. This will also increase the sales of encapsulated sodium bicarbonate in global markets.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The encapsulation technology has witnessed numerous advancements in terms of microencapsulation technologies, and its range of applications has also expanded to include segments such as dairy products, functional food, and animal nutrition. This leads to high sales of encapsulated sodium bicarbonate.
Manufacturers across the globe are investing in microencapsulation technology which enhances the characteristics of the flavor, taste, and texture profile. Encapsulated sodium bicarbonate troubleshoots the problem associated with the addition of baking agents and restores the activity of leavening agents for a longer period of time.
Some of the issues encapsulated in sodium bicarbonate deal with changes in dough texture, sponginess of the dough which is affected by air, etc. Hence, encapsulated sodium bicarbonate enables better shelf-life stability. Key global manufacturers are also investing significantly in the Research and Development of encapsulation technologies, propelling the growth of the encapsulated sodium bicarbonate market.
Encapsulated sodium bicarbonate is beneficial for the food ingredient delivery system owing to its non-toxic nature. However, it involves high-cost equipment and production processes. One of the major factors that are hampering the growth of the encapsulated sodium bicarbonate market is the additional costs incurred during production.
The cost of the encapsulated sodium bicarbonate is higher than the cost of the end product, which acts as a restraint for the encapsulated sodium bicarbonate market. Thus, to curb high costs, companies are focused on developing advanced processing and formulation technologies in the encapsulated sodium bicarbonate market.
Increasing consumption of artisan bakery products in developed countries sets the product apart from the rest, as it has been prepared with real, extraordinary expertise and skills. These positive aspects of the bakery industry are fueling the encapsulated sodium bicarbonate market growth in these regions.
In developing countries, a sudden increase in middle-class consumers and an increased purchasing power have led to a rise in the consumption of specialty bakery products, fueling the growth of the encapsulated sodium bicarbonate market.
Apart from these factors, the easy procurement of raw materials such as coating agents for encapsulated sodium bicarbonate is also driving the market growth. Hence, Asia Pacific is a lucrative region for the encapsulated sodium bicarbonate market.
The competitive landscape of encapsulated sodium bicarbonate market is dynamic as competitors form their strategies focusing on enhanced balancing levels, effectiveness, and quality.
Key players holding substantially encapsulated sodium bicarbonate market share include Clabber Girl Corporation, Watson Inc, Veripan Ltd, VEDEQSA, Ingrizo NV, Basic Equine Health LLC, Indukern, and Indukern SA.
Recent Market Development:
Report Attribute | Details |
---|---|
The base year for estimation | 2021 |
Historical data | 2015 to 2020 |
Forecast period | 2022 to 2032 |
Quantitative units | Revenue in USD million and CAGR from 2022 to 2032 |
Report Coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis, |
Segments Covered | Encapsulating Agent, End Use, Grade, Region |
Regional scope | North America; Western Europe; Eastern Europe; Middle East Africa: ASEAN; South Asia; Rest of Asia; Australia; and New Zealand |
Country scope | USA, Canada, Mexico, Germany, United Kingdom, France, Italy, Spain, Russia, Belgium, Poland, Czech Republic, China, India, Japan, Australia, Brazil, Argentina, Colombia, Saudi Arabia, United Arab Emirates, Iran, South Africa |
Key companies profiled | Clabber Girl Corporation; Watson Inc; Veripan Ltd; VEDEQSA; Ingrizo NV; Basic Equine Health LLC; Indukern; and Indukern S.A. |
Customization scope | Free report customization (equivalent to up to 8 analysts' working days) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Baking Industry is the biggest segment in the encapsulated sodium bicarbonate market and is expected to hold a big portion of the market in the forecast period. This leads to the high demand for encapsulated sodium bicarbonate.
Key players holding substantial encapsulated sodium bicarbonate market share include Clabber Girl Corporation, Watson Inc, Veripan Ltd, VEDEQSA, Ingrizo NV, Basic Equine Health LLC, Indukern, and Indukern SA.
Demand for encapsulated sodium bicarbonate is likely to rise on the back of rising information about industry-specific products, cheaper prices, and the enlargement of baking industries. These factors are going to drive the demand for encapsulated sodium bicarbonate.
1. Executive Summary | Encapsulated Sodium Bicarbonate Market 2. Market Overview 3. Market Background 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Encapsulated Agent 5.1. Cotton Seed Oil 5.2. Palm Oil 5.3. Soybean Oil 5.4. Other Encapsulated Agents 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End Use Application 6.1. Bakery 6.2. Animal Feed 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Grade 7.1. Food Grade 7.2. Feed Grade 8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Encapsulation Process 8.1. Micro-encapsulation 8.2. Nano-encapsulation 8.3. Hybrid-encapsulation 8.4. Macro-encapsulation 9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 9.1. North America 9.2. Latin America 9.3. Europe 9.4. East Asia 9.5. South Asia & Pacific 9.6. Middle East and Africa 10. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 13. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 14. South Asia & Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 15. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 16. Key Countries Market Analysis 17. Market Structure Analysis 18. Competition Analysis 18.1. Clabber Girl Corporation 18.2. Watson Inc. 18.3. Veripan Ltd 18.4. VEDEQSA 18.5. Ingrizo NV 18.6. Basic Equine Health LLC 18.7. Indukern, S.A 18.8. Basic Equine Health LLC 18.9. Muby Chemicals 18.10. TasteTech 19. Assumptions & Acronyms Used 20. Research Methodology
Explore Food and Beverage Insights
View Reports