Sodium Bicarbonate Market Expected to Reach USD 6.56 Billion By 2030, Driven by Growth in Food & Bev

Divya25 Jun, 2024Business

The global sodium bicarbonate market, commonly known as baking soda, is poised for a rise, reaching an estimated USD 6.56 billion by 2030. This growth, fueled by a CAGR of 5.2% from a value of USD 4.60 billion in 2023, is attributed to the compound's remarkable versatility across numerous industries. From its leavening magic in baked goods to its application in pharmaceuticals and cleaning solutions, sodium bicarbonate continues to be a relevant and sought-after material.

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