The global demand for Encapsulated Sodium Bicarbonate Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020- 2026.
Encapsulated sodium bicarbonate is used across bakery and animal feed industry. It is manufactured by the encapsulation technology, where the surface of sodium bicarbonate salt is coated with the hydrogenated vegetable oil. The encapsulation controls the chemical activity and release of carbon dioxide and in turn enhance the quality of the product. The commonly used vegetable oils for the encapsulated sodium bicarbonate are cottonseed oil and palm oil.
The increasing utilization of encapsulation technology for the manufacturing of flavors, colors, and emulsification, among others, is driving the market growth. The encapsulation technology has witnessed numerous advancements in terms of microencapsulation technologies, which is again accelerating market growth. Additionally, its increasing range of applications in different sectors such as dairy products, functional food, and animal nutrition is further fuelling market growth. On the flip side, additional cost incurred during the production process is expected to hamper the market growth. Whereas, the increasing investment by key players on R&D for developing new cost-effective technologies is anticipated to augment demand over the forecast period.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of encapsulated sodium bicarbonate.
The entire encapsulated sodium bicarbonate market has been sub-categorized into encapsulating agent, end-use, and grade. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Encapsulating Agent
By End Use
- Cotton seed oil
- Palm oil
- Bakery Industry
- Animal Feed Industry
This section covers regional segmentation which accentuates on current and future demand for encapsulated sodium bicarbonate market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Encapsulated Sodium Bicarbonate Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the encapsulated sodium bicarbonate market include Basic Equine Health LLC, Clabber Girl Corporation, Indukern, S.A, Ingrizo NV, VEDEQSA, Veripan Ltd, and Watson Inc. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.