The encapsulated sodium bicarbonate market is expected to grow at a compound annual rate of 10.6% from 2021 to 2032, reaching a total of US$ 2.5 billion. This growth is driven by rising demand for use of sodium bicarbonate in food products, cosmetics, and other applications. Additionally, increasing demand for premium and organic food products is likely to fuel market growth.
Sodium bicarbonate is an odorless, white, and slightly salty crystalline material which is produced in a solid form. It is mainly used as an anti-caking agent, raising agent, pH balance agent, and buffering agent in food products. It is also used in cosmetics, pharmaceuticals, and personal care products.
Encapsulated sodium bicarbonate offers improved shelf-life stability, improved shelf-life, and reduced dusting and caking. This form of sodium bicarbonate is also used to provide better solubility and improved bioavailability. Furthermore, encapsulated sodium bicarbonate has a slower and more uniform rate of release, which helps to improve the quality of food products.
The increasing demand for organic food products is expected to boost the growth of the encapsulated sodium bicarbonate market. Consumers are increasingly preferring organic and premium food products and this trend is likely to continue in the near future. This is likely to drive the demand for encapsulated sodium bicarbonate, which is used as an anti-caking agent, raising agent, and buffering agent in food products.
The increasing demand for convenience food products is also likely to drive the growth of the encapsulated sodium bicarbonate market. The market is expected to benefit from the rising demand for convenience food products due to their ease of preparation, which is boosting the demand for encapsulated sodium bicarbonate, which is used in food products as a buffering agent and pH adjuster.
Moreover, the increasing demand for skin care and personal care products is expected to drive the growth of the encapsulated sodium bicarbonate market in the coming years. Sodium bicarbonate is used as an exfoliating agent in skin care and personal care products. This is likely to drive the demand for encapsulated sodium bicarbonate, which is used in these products to provide better solubility and improved bioavailability.
The high cost of encapsulated sodium bicarbonate is expected to hinder the growth of the market. In addition, the lack of awareness about the benefits of encapsulated sodium bicarbonate is expected to limit the growth of the market.
In conclusion, the encapsulated sodium bicarbonate market is likely to expand US$ 2.5 Bn at 10.6% CAGR by 2032 due to increasing demand for premium and organic food products, rising demand for convenience food products, and increasing demand for skin care and personal care products.