The encapsulated sodium bicarbonate market is anticipated to experience a positive CAGR throughout the forecast period. This product is mainly utilized to reduce stomach acids and is commonly found in bakery applications.
Major global manufacturers are heavily investing in research and development to advance encapsulation technologies, driving growth in the encapsulated sodium bicarbonate market. However, the higher cost of encapsulated sodium bicarbonate compared to the final product poses a challenge to its sales.
The encapsulated sodium bicarbonate market is expected to exhibit strong growth potential during the forecast period as it rebounds from the pandemic’s impact.
With lockdowns lifting and restrictions easing, key industry players are focused on expanding their market reach and exploring innovative marketing strategies to boost global sales of encapsulated sodium bicarbonate.
The rising demand for encapsulated sodium bicarbonate as a crucial component in food ingredient delivery systems is also anticipated to drive sales growth.
The report highlights the factors driving the growth of the encapsulated sodium bicarbonate market and the resulting opportunities for market participants.
However, the market faces challenges such as supply shortages and disrupted distribution channels, which may hinder the expansion of encapsulated sodium bicarbonate sales.
Key trends in the encapsulated sodium bicarbonate market include the development of industry-specific by-products that offer diverse options for end-users. These trends are expected to contribute to increased sales in global markets.
Advancements in microencapsulation technology have significantly broadened the applications of encapsulated sodium bicarbonate, now extending to dairy products, functional foods, and animal nutrition. This expansion contributes to increased sales.
Manufacturers worldwide are investing in microencapsulation to improve the flavor, taste, and texture profiles of their products. Encapsulated sodium bicarbonate addresses challenges related to baking agents and prolongs the effectiveness of leavening agents.
Competitive Landscape
The competitive landscape of the encapsulated sodium bicarbonate market is dynamic, with competitors developing strategies centered on improving balance, effectiveness, and quality.
Recent Market Development:
- Veripan Ltd has launched its new range of fermented doughs and granulates, which is going to be used as a natural solution based on milling by-products. This is going to increase the demand for encapsulated sodium bicarbonate.
- Basic Equine Health LLC has launched its marketing campaign to increase the sales and demand for encapsulated sodium bicarbonate.
Key companies
Clabber Girl Corporation
Watson Inc
Veripan Ltd
VEDEQSA
Ingrizo NV
Basic Equine Health LLC
Indukern and Indukern S.A
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Regional scope
North America
Western Europe
Eastern Europe
Middle East
Africa
ASEAN
South Asia
Rest of Asia
Australia
New Zealand
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