Ammonium Carbonate Market to Achieve 5.2% CAGR, Reaching US$ 1.1 Billion by 2032, Driven by Pharmaceutical Sector Demand

Ammonium Carbonate Market

The global Ammonium Carbonate Market is set to witness substantial growth in the coming years, driven by its vital role as a leavening agent for baked goods and crispy snacks. According to Future Market Insights, the market is projected to grow at a robust CAGR of 5.2% during the forecast period, reaching a value of US$ 688 million by 2022. The increasing demand for baked items and snacks with extended shelf lives is propelling manufacturers in the food industry to adopt food-grade ammonium carbonate, further boosting sales. This article delves into the advantages of food-grade ammonia over other chemical leavening additives for specific types of cookies, highlighting its growing significance in the food industry.

Also, when compared to alternative leavening agents, the usage of food-grade ammonium carbonate results in a crispness that lasts longer. Furthermore, because food-grade ammonium carbonate is not extremely reactive at room temperature, it has a good bench tolerance, making it ideal for cookie dough storage. As a result, bakers are increasingly incorporating food-grade ammonium carbonate into products that require exceptional crispness and shelf life.

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In addition to this, ammonium carbonate is used in the textitle industry for syeing and printing various fibers. These salts increase the fastness property of the pigment on fiber, especially wet fastness. Due to this reason, ammonium carbonate salt is used widely in the textiles industry.

“Increasing demand for ammonium carbonate in the pharmaceutical sector, along with ongoing expansion of the food and beverage sector across emerging economies are key factors expected to create opportunities for growth in the market,” says an FMI analyst.

Key Takeaways:

  • The global ammonium carbonate market is expected to reach US$ 1.1 Bn by 2032, growing at a CAGR of 5.2% over the forecast period.
  • The rising demand for ammonium carbonate for various applications in the food industry is expected to propel the growth in the market.
  • Key players are focusing on increasing production capacity and expansion by setting up new plants to cater to the growing demand.
  • Ammonium carbonate is compatible for dyeing purposes to increase the fastness property of the fabric.

Competitive Landscape

Taixing Dongyu Chemical, Oasis Fine Chem, Akash Purochem Private Limited, Shanghai Tenglong Agrochemical Co. Ltd., BASF, Sinoharvest Corporation., Merckmillipore, Sandvick, Honeywell, Vishnupriya Chemicals, Adhunik Industries, Huaron Chemical Co Ltd, Prochem Inc, And Takasugi Pharmaceutical others are some of the key players in the ammonium carbonate market.

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Ammonium Carbonate Market Segmentation

By Grade:

  • Pharmaceutical Grade
  • Food Grade

By Type:

  • Lumps
  • Powder

By Application:

  • Leavening Agent
  • Pharmaceutical Ingredients
  • Food & Beverage agent

By End-Use:

  • Pharmaceutical Industry
  • Cosmetic & Personal Care
  • Food Industry
  • Textile Industry
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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