Application (Solvent, Raising Agent, Leavening Agent, Nitrogen Fertilizer)
In terms of application, the leavening agent segment in ammonium bicarbonate market is set to hold the largest revenue share of 60% during the period between 2024-2036. In the food and beverage industry, ammonium bicarbonate is widely used as a bleaching agent. It is a key ingredient in the production of cookies, biscuits, pastries, and cakes, which increases the texture and volume of the baked goods. Over the last year, there's been a 7.26% change in the popularity of bread. Baked is consumed an average of 3.31 times per year.
End Use (Food Industry, Agriculture, Pharmaceutical, Textile, Ceramic, Rubber and Leather Agent)
Based on end users, the food & beverage segment in ammonium bicarbonate market is anticipated to hold the highest CAGR by the end of 2036. The growth of the ammonium bicarbonate industry is supported by increasing demand for ammonium bicarbonate in the food sector. Within the food sector, this product is widely applied. The market growth of the product is driven by increasing demand for these products in both developed and emerging economies in their packaging or prepared foods form. The increasing demand for clean-label food additives is a driving force behind their use as pH regulators and leavening agents in meat processing. In addition, its antibacterial properties provide a healthy alternative to harsh chemicals and are becoming increasingly popular in the growing market for natural cleaning products.
Our in-depth analysis of the global market includes the following segments:
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Author Credits: Rajrani Baghel
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