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Australia Sodium Bicarbonate Market Forecast to 2028 - COVID-19 Impact and Analysis - by Grade, by Form, and by End-user

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    Report

  • 140 Pages
  • June 2022
  • Region: Australia
  • The Insight Partners
  • ID: 5635267
UP TO OFF until Jun 30th 2024
The Australia sodium bicarbonate market is expected to grow from US$ 16,150.75 thousand in 2021 to US$ 20,015.47 thousand by 2028. It is expected to rise at a CAGR of 3.2% from 2021 to 2028.

Developing end-use industries in Australia, such as agriculture, pharmaceutical, cosmetics & personal care, and food & beverages, are propelling the demand for sodium bicarbonate substantially. Based on end user, the Australia sodium bicarbonate market is segmented into food & beverage, pharmaceutical, agriculture, chemical, cosmetic and personal care, textile and leather, homecare, and others. In 2021, the food & beverage segment accounted for a larger revenue share in the Australia sodium bicarbonate Market. Sodium bicarbonate is available in powder and crystal forms. The crystal form of sodium bicarbonate is commonly used as a topical cleaning solution, electrolyte replenisher, systemic alkalizer, or buffering agent. The powder form is used for sodium hydrogen carbonate within baking powder applications.

Sodium bicarbonate is highly basic in nature and can neutralize the acid. Hence it is used by pharmaceutical firms to make antacids for patients. Due to these uses and the compound's ease of availability, the Australia sodium bicarbonate market is expected to develop significantly during the projected period. The nature of the compound, which makes it less risky for the user, also contributes to the Australia sodium bicarbonate Market.

Australia sodium bicarbonate market is expanding due to the rising food consumption and the demand for sodium bicarbonate in the personal care sector. On the other hand, increased market competition and health risks associated with sodium bicarbonate usage are anticipated to restrain Australia sodium bicarbonate market expansion in the near future. While throughout the projection period, the increasing usage of baking soda as a deodorizing ingredient in personal care products is anticipated to open up significant opportunities.

In Australia, the demand for sodium bicarbonate in agriculture is significantly high. According to the Department of Water and the Environment of the country, Australian agriculture accounted for 55% of Australia's total land used in December 2020. Sodium bicarbonate is used to boost healthy growing conditions while preventing fungal and other undesirable development. Maintaining optimum soil pH is essential for growing healthy crops. As a result of these benefits to agriculture, the demand for sodium bicarbonate is expected to grow during the forecast period.

The rising population of Australia is also contributing to the growth of this market. According to the Australian Bureau of Statistics and United Nations data, the Australian population will grow from 22 million in 2010 to 28 million by 2028.

Australia's developing food service sector is increasing growth opportunities for the bakery industry. This growth factor is expected to boost the demand for sodium bicarbonate. The growing pharmaceutical industry is also promoting the Australia sodium bicarbonate market.

The chemical is widely utilized in the nutrition and animal feed industries and to lighten fabrics. Leather, detergents, dyes, and flue gas desulfurization are a few more common uses for sodium bicarbonate. As a deodorizing ingredient, sodium bicarbonate is also present in many personal care products.

A wide range of sectors, including animal feed, medicines, food & beverage, agriculture, manufacturing, and cleaning goods, use sodium bicarbonate, which is available in different grades. Rising demand from a number of end-use sectors is expected to fuel Australia sodium bicarbonate market expansion globally over the next few years. Since sodium bicarbonate is readily available and has a low manufacturing cost, it is in high demand. During the forecast period, sodium bicarbonate is anticipated to continue to be one of the most lucrative industries in the food and beverage sector. The industry's expanding demand for sodium bicarbonate can be attributed to changing lifestyles and dietary preferences and an increase in packaged and processed food consumption.

A few key players operating in the Australia sodium bicarbonate market are Solvay S.A.; Tosoh Corporation; Burwell Technologies; All Chemical Manufacturing & Consultancy Pty Ltd.; Pon Pure Chemicals Group; Church & Dwight, Inc.; Sişecam; AGC Inc.; Ciech S.A.; and GHCL Limited. Players operating in the Australia sodium bicarbonate market are highly focused on developing high-quality and innovative product offerings to fulfill customers' requirements.

The overall Australia sodium bicarbonate market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers - along with external consultants, such as valuation experts, research analysts, and key opinion leaders - specializing in the Australia sodium bicarbonate market.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Report Guidance
1.3 Market Segmentation
1.3.1 Australia Sodium Bicarbonate Market, by Grade
1.3.2 Australia Sodium Bicarbonate Market, by Form
1.3.3 Australia Sodium Bicarbonate Market, by End User
1.3.4 Australia Sodium Bicarbonate Market, by Country Regions
2. Key Takeaways

3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Australia Sodium Bicarbonate Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Australia Sodium Bicarbonate Market - Key Market Dynamics
5.1 Market Drivers
5.2 Market Restraints
5.3 Market Opportunities
5.4 Future Trends
5.5 Impact Analysis
6. Sodium Bicarbonate Market - Australia Market Analysis
6.1 Australia Sodium Bicarbonate Market Overview
6.2 Australia Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Thousand)
6.3 Australia Sodium Bicarbonate Market - Volume and Forecast to 2028 (Tons)
6.4 Market Positioning - Key Market Players
7. Australia Sodium Bicarbonate Market Analysis - By Grade
7.1 Overview
7.2 Australia Sodium Bicarbonate Market, By Grade (2021 and 2028)
7.3 Food Grade
7.3.1 Overview
7.3.2 Food Grade: Australia Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Thousand)
7.3.3 Food Grade: Australia Sodium Bicarbonate Market - Volume and Forecast to 2028 (Tons)
7.4 Pharmaceutical Grade
7.4.1 Overview
7.4.2 Pharmaceutical Grade: Australia Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Thousand)
7.4.3 Pharmaceutical Grade: Australia Sodium Bicarbonate Market - Volume and Forecast to 2028 (Tons)
7.5 Feed Grade
7.5.1 Overview
7.5.2 Feed Grade: Australia Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Thousand)
7.5.3 Feed Grade: Australia Sodium Bicarbonate Market - Volume and Forecast to 2028 (Tons)
7.6 Technical Grade and Others
7.6.1 Overview
7.6.2 Technical Grade and Others: Australia Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Thousand)
7.6.3 Technical Grade and Others: Australia Sodium Bicarbonate Market - Volume and Forecast to 2028 (Tons)
8. Australia Sodium Bicarbonate Market Analysis - By Form
8.1 Overview
8.2 Australia Sodium Bicarbonate Market, By Form (2021 and 2028)
8.3 Powder
8.3.1 Overview
8.3.2 Powder: Australia Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Thousand)
8.4 Liquid
8.4.1 Overview
8.4.2 Liquid: Australia Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Thousand)
9. Australia Sodium Bicarbonate Market Analysis - By End User
9.1 Overview
9.2 Australia Sodium Bicarbonate Market, By End User (2021 and 2028)
9.3 Food and Beverage
9.3.1 Overview
9.3.2 Food and Beverage: Australia Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Thousand)
9.4 Pharmaceutical
9.4.1 Overview
9.4.2 Pharmaceutical: Australia Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Thousand)
9.5 Agriculture
9.5.1 Overview
9.5.2 Agriculture: Australia Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Thousand)
9.6 Chemical
9.6.1 Overview
9.6.2 Chemical: Australia Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Thousand)
9.7 Cosmetic and Personal Care
9.7.1 Overview
9.7.2 Cosmetic and Personal Care: Australia Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Thousand)
9.8 Textile and Leather
9.8.1 Overview
9.8.2 Textile and Leather: Australia Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Thousand)
9.9 Homecare
9.9.1 Overview
9.9.2 Homecare: Australia Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Thousand)
9.10 Others
9.10.1 Overview
9.10.2 Others: Australia Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Thousand)
10. Australia Sodium Bicarbonate Market - Country Analysis
10.1 Overview
10.1.1 New South Wales: Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Thousand)
10.1.2 New South Wales: Sodium Bicarbonate Market - Volume and Forecast to 2028 (Tons)
10.1.2.1 New South Wales: Sodium Bicarbonate Market, by Grade
10.1.2.2 New South Wales: Sodium Bicarbonate Market, by Form
10.1.2.3 New South Wales: Sodium Bicarbonate Market, by End User
10.1.2.4 Queensland: Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Thousand)
10.1.2.5 Queensland: Sodium Bicarbonate Market - Volume and Forecast to 2028 (US$ Thousand)
10.1.2.5.1 Queensland: Sodium Bicarbonate Market, by Grade
10.1.2.5.2 Queensland: Sodium Bicarbonate Market, by Form
10.1.2.5.3 Queensland: Sodium Bicarbonate Market, by End User
10.1.2.6 South Australia: Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Thousand)
10.1.2.7 South Australia: Sodium Bicarbonate Market - Volume and Forecast to 2028 (Tons)
10.1.2.7.1 South Australia: Sodium Bicarbonate Market, by Grade
10.1.2.7.2 South Australia: Sodium Bicarbonate Market, by Form
10.1.2.7.3 South Australia: Sodium Bicarbonate Market, by End User
10.1.2.8 Western Australia: Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Thousand)
10.1.2.9 Western Australia: Sodium Bicarbonate Market - Volume and Forecast to 2028 (Tons)
10.1.2.9.1 Western Australia: Sodium Bicarbonate Market, by Grade
10.1.2.9.2 Western Australia: Sodium Bicarbonate Market, by Form
10.1.2.9.3 Western Australia: Sodium Bicarbonate Market, by End User
10.1.2.10 Rest of Australia: Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Thousand)
10.1.2.11 Rest of Australia: Sodium Bicarbonate Market - Volume and Forecast to 2028 (Tons)
10.1.2.11.1 Rest of Australia: Sodium Bicarbonate Market, by Grade
10.1.2.11.2 Rest of Australia: Sodium Bicarbonate Market, by Form
10.1.2.11.3 Rest of Australia: Sodium Bicarbonate Market, by End User
11. Impact of COVID-19 Pandemic on Australia Sodium Bicarbonate Market
11.1 Overview - Impact of COVID-19
11.2 Impact of COVID-19 Pandemic on Australia Sodium Bicarbonate Market
12. Company Profiles
12.1 Solvay S.A.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Tosoh Corporation
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Burwell Technologies
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 All Chemical Manufacturing & Consultancy Pty Ltd
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Pon Pure Chemicals Group
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Church & Dwight, Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Si?ecam
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 AGC Inc.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Ciech S.A.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 GHCL Limited
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About the Publisher
13.2 Glossary of Terms
List of Tables
Table 1. Australia Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Thousand)
Table 2. Australia Sodium Bicarbonate Market - Volume and Forecast to 2028 (Tons)
Table 3. New South Wales Sodium Bicarbonate Market, by Grade - Revenue and Forecast to 2028 (US$ Thousand)
Table 4. New South Wales Sodium Bicarbonate Market, by Grade - Volume and Forecast to 2028 (Tons)
Table 5. New South Wales Sodium Bicarbonate Market, by Form - Revenue and Forecast to 2028 (US$ Thousand)
Table 6. New South Wales Sodium Bicarbonate Market, by End User - Revenue and Forecast to 2028 (US$ Thousand)
Table 7. Queensland Sodium Bicarbonate Market, by Grade - Revenue and Forecast to 2028 (US$ Thousand)
Table 8. Queensland Sodium Bicarbonate Market, by Grade - Volume and Forecast to 2028 (Tons)
Table 9. Queensland Sodium Bicarbonate Market, by Form - Revenue and Forecast to 2028 (US$ Thousand)
Table 10. Queensland Sodium Bicarbonate Market, by End User - Revenue and Forecast to 2028 (US$ Thousand)
Table 11. South Australia Sodium Bicarbonate Market, by Grade - Revenue and Forecast to 2028 (US$ Thousand)
Table 12. South Australia Sodium Bicarbonate Market, by Grade - Volume and Forecast to 2028 (Tons)
Table 13. South Australia Sodium Bicarbonate Market, by Form - Revenue and Forecast to 2028 (US$ Thousand)
Table 14. South Australia Sodium Bicarbonate Market, by End User - Revenue and Forecast to 2028 (US$ Thousand)
Table 15. Western Australia Sodium Bicarbonate Market, by Grade - Revenue and Forecast to 2028 (US$ Thousand)
Table 16. Western Australia Sodium Bicarbonate Market, by Grade - Volume and Forecast to 2028 (Tons)
Table 17. Western Australia Sodium Bicarbonate Market, by Form - Revenue and Forecast to 2028 (US$ Thousand)
Table 18. Western Australia Sodium Bicarbonate Market, by End User - Revenue and Forecast to 2028 (US$ Thousand)
Table 19. Rest of Australia Sodium Bicarbonate Market, by Grade - Revenue and Forecast to 2028 (US$ Thousand)
Table 20. Rest of Australia Sodium Bicarbonate Market, by Grade - Volume and Forecast to 2028 (Tons)
Table 21. Rest of Australia Sodium Bicarbonate Market, by Form - Revenue and Forecast to 2028 (US$ Thousand)
Table 22. Rest of Australia Sodium Bicarbonate Market, by End User - Revenue and Forecast to 2028 (US$ Thousand)
Table 23. Glossary of Terms, Australia Sodium Bicarbonate Market
List of Figures
Figure 1. Australia Sodium Bicarbonate Market Segmentation
Figure 2. Australia Sodium Bicarbonate Market Segmentation - By Country Regions
Figure 3. Australia Sodium Bicarbonate Market Overview
Figure 4. Australia Sodium Bicarbonate Market, By Grade
Figure 5. Australia Sodium Bicarbonate Market, by Country Regions
Figure 6. Australia Sodium Bicarbonate Market, Industry Landscape
Figure 7. Porter's Five Forces Analysis
Figure 8. Ecosystem: Australia Sodium Bicarbonate Market
Figure 9. Expert Opinion
Figure 10. Australia Sodium Bicarbonate Market Impact Analysis of Drivers and Restraints
Figure 11. Geographic Overview of Australia Sodium Bicarbonate Market
Figure 12. Australia Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 13. Australia Sodium Bicarbonate Market - Volume and Forecast to 2028 (Tons)
Figure 14. Australia Sodium Bicarbonate Market Revenue Share, By Grade (2021 and 2028)
Figure 15. Food Grade: Australia Sodium Bicarbonate Market - Revenue and Forecast To 2028 (US$ Thousand)
Figure 16. Food Grade: Australia Sodium Bicarbonate Market - Volume and Forecast To 2028 (Tons)
Figure 17. Pharmaceutical Grade: Australia Sodium Bicarbonate Market - Revenue and Forecast To 2028 (US$ Thousand)
Figure 18. Pharmaceutical Grade: Australia Sodium Bicarbonate Market - Volume and Forecast To 2028 (Tons)
Figure 19. Feed Grade: Australia Sodium Bicarbonate Market - Revenue and Forecast To 2028 (US$ Thousand)
Figure 20. Feed Grade: Australia Sodium Bicarbonate Market - Revenue and Forecast To 2028 (Tons)
Figure 21. Technical Grade and Others: Australia Sodium Bicarbonate Market - Revenue and Forecast To 2028 (US$ Thousand)
Figure 22. Technical Grade and Others: Australia Sodium Bicarbonate Market - Volume and Forecast To 2028 (Tons)
Figure 23. Australia Sodium Bicarbonate Market Revenue Share, By Form (2021 and 2028)
Figure 24. Powder: Australia Sodium Bicarbonate Market - Revenue and Forecast To 2028 (US$ Thousand)
Figure 25. Liquid: Australia Sodium Bicarbonate Market - Revenue and Forecast To 2028 (US$ Thousand)
Figure 26. Australia Sodium Bicarbonate Market Revenue Share, By End User (2021 and 2028)
Figure 27. Food and Beverage: Australia Sodium Bicarbonate Market - Revenue and Forecast To 2028 (US$ Thousand)
Figure 28. Pharmaceutical: Australia Sodium Bicarbonate Market - Revenue and Forecast To 2028 (US$ Thousand)
Figure 29. Agriculture: Australia Sodium Bicarbonate Market - Revenue and Forecast To 2028 (US$ Thousand)
Figure 30. Chemical: Australia Sodium Bicarbonate Market - Revenue and Forecast To 2028 (US$ Thousand)
Figure 31. Cosmetic and Personal Care: Australia Sodium Bicarbonate Market - Revenue and Forecast To 2028 (US$ Thousand)
Figure 32. Textile and Leather: Australia Sodium Bicarbonate Market - Revenue and Forecast To 2028 (US$ Thousand)
Figure 33. Homecare: Australia Sodium Bicarbonate Market - Revenue and Forecast To 2028 (US$ Thousand)
Figure 34. Others: Australia Sodium Bicarbonate Market - Revenue and Forecast To 2028 (US$ Thousand)
Figure 35. Australia: Sodium Bicarbonate Market Revenue Share, by Key Region (2021 and 2028)
Figure 36. New South Wales: Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 37. New South Wales: Sodium Bicarbonate Market - Volume and Forecast to 2028 (Tons)
Figure 38. Queensland: Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 39. Queensland: Sodium Bicarbonate Market - Volume and Forecast to 2028 (US$ Thousand)
Figure 40. South Australia: Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 41. South Australia: Sodium Bicarbonate Market - Volume and Forecast to 2028 (Tons)
Figure 42. Western Australia: Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 43. Western Australia: Sodium Bicarbonate Market - Volume and Forecast to 2028 (Tons)
Figure 44. Rest of Australia: Sodium Bicarbonate Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 45. Rest of Australia: Sodium Bicarbonate Market - Volume and Forecast to 2028 (Tons)
Figure 46. Impact of COVID-19 Pandemic on Australia Sodium Bicarbonate Market

Samples

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Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Solvay S.A.
  • Tosoh Corporation
  • Burwell Technologies
  • All Chemical Manufacturing & Consultancy Pty Ltd
  • Pon Pure Chemicals Group
  • Church & Dwight, Inc.
  • Sişecam
  • AGC Inc.
  • Ciech S.A.
  • GHCL Limited

Table Information