Ammonium Carbonate Market
Ammonium Carbonate Market Forecasts to 2030 - Global Analysis By Type (Food & Pharma Grade and Technical Grade), Form (Powder and Lumps), Application and By Geography
According to Stratistics MRC, the Global Ammonium Carbonate Market is accounted for $684.5 million in 2024 and is expected to reach $1056.3 million by 2030 growing at a CAGR of 7.5% during the forecast period. Ammonium carbonate is a white, crystalline substance that is mostly utilized in the chemical, pharmaceutical, and baking industries as a leavening agent. Lebkuchen, a German gingerbread, is often leavened with ammonium carbonate for texture. Speculoos, a Belgian and Dutch spiced cookie, achieves crispness. Tunnbröd, a Swedish flatbread, enhances lightness. When heated, it readily breaks down into water, carbon dioxide, and ammonia, which makes it a valuable component of volatile agents. It is also used to revive fainting people as a smelling salt. Although very soluble in water, ammonium carbonate is unstable in the atmosphere.
According to World Bank data, the average current health expenditure per capita is USD 1,265.6 million worldwide. The strategic importance of ammonium in the pharmaceutical supply chain ensures its sustained sales growth as healthcare systems work to satisfy the changing demand.
Market Dynamics:
Driver:
Diverse applications across various industries
Ammonium carbonate is a versatile material that finds application in a wide range of industries, such as cleaning goods, food, medicines, and agriculture. Due to its adaptability, demand is generated in these industries, which propels market expansion. Ammonium carbonate is being used more often in baking and confectionery applications because to the growing demand for processed and ready-to-eat goods, especially in emerging nations.
Restraint:
Regulatory challenges regarding emissions and safety standards
The ammonium carbonate market may see a decline in demand if producers face increased production costs and compliance expenses as a result of stricter regulations. Furthermore, by preventing investment and innovation, these rules may significantly hinder the entry of new businesses into the market, hence reducing competition and market expansion. For manufacturers to achieve emission requirements, innovation and adaptation are therefore essential.
Opportunity:
Rising consumption of processed foods
Ammonium carbonate is an essential leavening agent that gives baked goods their characteristic lightness and texture. Because this component is necessary to achieve the proper baking outcomes, the demand for it has increased due to the development in the consumption of processed foods. In addition the need for convenience and ready-to-eat foods is rising as well, particularly in cities where hectic lifestyles necessitate quick dinner options.
Threat:
Volatility in raw material prices
Ammonia and carbon dioxide, which are prone to price swings because of market dynamics, are necessary for the synthesis of ammonium carbonate. These variations raise production costs, which lowers manufacturers' profit margins. Furthermore, pricing volatility makes it difficult for manufacturers to plan ahead and budget effectively, which could impede expansion plans and growth initiatives.
Covid-19 Impact:
The COVID-19 pandemic significantly impacted the ammonium carbonate market by disrupting supply chains and production levels. Many manufacturing facilities faced temporary shutdowns due to lockdowns, leading to delays and shortages. However, the pharmaceutical sector's rising demand for ammonium carbonate for formulations and research activities provided some market resilience. As operations normalize, the market is expected to recover, driven by renewed interest in processed foods and pharmaceuticals.
The food & pharma grade segment is expected to be the largest during the forecast period
The food & pharma grade segment is expected to be the largest during the forecast period because ammonium carbonate, a crucial ingredient in food and medicine, is anticipated to hold 75.8% of the market by 2024 as a result of its applications in baking and medicine. Its vital significance in formulations especially those involving chewable and effervescent tablets improve the texture and functionality of these goods, promoting the growth of the business.
The pharmaceuticals segment is expected to have the highest CAGR during the forecast period
The pharmaceuticals segment is expected to have the highest CAGR during the forecast period owing to the leavening ingredient ammonium carbonate improves patient compliance and medicine absorption in effervescent tablets. Because of its capacity to release carbon dioxide, tablets become lighter and simpler to swallow, which is particularly advantageous for older populations. The need for pharmaceutical components like ammonium carbonate is increased by the incidence of chronic diseases and rising worldwide healthcare spending.
Region with largest share:
North America is expected to have the largest market share over the projection period due to the growing demand for processed foods in the U.S. and Canada is boosting the demand for food-grade ammonium carbonate, a leavening agent used in baking and confectionery products. The pharmaceutical industry's expansion, particularly in drug formulations requiring ammonium carbonate, is also increasing market demand, particularly for effervescent and chewable tablets.
Region with highest CAGR:
Asia Pacific is anticipated to witness the highest rate of growth during the forecast period as it is becoming more and more in demand in industries including food processing, medicines, and agriculture due to the rapid industrialization of China and India. Ammonium carbonate is needed for medication formulations in the growing pharmaceutical industry, which drives up demand.
Key players in the market
Some of the key players in Ammonium Carbonate Market include Akash Purochem Private Limited, BASF SE, Bayer CropScience, Foxkem Industries, Monsanto, Oasis Fine Them, P J Chemicals, Shanghai Mingdou Agrochemical Co. Ltd, SinoHarvest Corporation, Syngenta AG, Taixing Dongyu Chemical, Vinipul Inorganics India Pvt Ltd and Yixing Waxing Chemical.
Key Developments:
In October 2024, Bayer and MOMA Therapeutics, Inc., announced that they have entered into collaboration, under an option and exclusive license agreement to develop and commercialize a small molecule oncology program based on MOMA’s proprietary KNOMATIC™ platform.
In October 2024, BASF partnered with Acadian Plant Health™ to introduce climate-resilient solution. This collaboration aims to enhance agricultural sustainability by improving plant resilience against environmental stressors, such as drought and salinity.
Types Covered:
• Food & Pharma Grade
• Technical Grade
Forms Covered:
• Powder
• Lumps
Applications Covered:
• Fertilizers
• Pharmaceuticals
• Baking & Confectionery
• Personal Care & Cosmetics
• Textile & Leather
• Agriculture
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Ammonium Carbonate Market, By Type
5.1 Introduction
5.2 Food & Pharma Grade
5.3 Technical Grade
6 Global Ammonium Carbonate Market, By Form
6.1 Introduction
6.2 Powder
6.3 Lumps
7 Global Ammonium Carbonate Market, By Application
7.1 Introduction
7.2 Fertilizers
7.3 Pharmaceuticals
7.4 Baking & Confectionery
7.5 Personal Care & Cosmetics
7.6 Textile & Leather
7.7 Agriculture
7.8 Other Applications
8 Global Ammonium Carbonate Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 Akash Purochem Private Limited
10.2 BASF SE
10.3 Bayer CropScience
10.4 Foxkem Industries
10.5 Monsanto
10.6 Oasis Fine Them
10.7 P J Chemicals
10.8 Shanghai Mingdou Agrochemical Co. Ltd
10.9 SinoHarvest Corporation
10.10 Syngenta AG
10.11 Taixing Dongyu Chemical
10.12 Vinipul Inorganics India Pvt Ltd
10.13 Yixing Waxing Chemical
List of Tables
1 Global Ammonium Carbonate Market Outlook, By Region (2022-2030) ($MN)
2 Global Ammonium Carbonate Market Outlook, By Type (2022-2030) ($MN)
3 Global Ammonium Carbonate Market Outlook, By Food & Pharma Grade (2022-2030) ($MN)
4 Global Ammonium Carbonate Market Outlook, By Technical Grade (2022-2030) ($MN)
5 Global Ammonium Carbonate Market Outlook, By Form (2022-2030) ($MN)
6 Global Ammonium Carbonate Market Outlook, By Powder (2022-2030) ($MN)
7 Global Ammonium Carbonate Market Outlook, By Lumps (2022-2030) ($MN)
8 Global Ammonium Carbonate Market Outlook, By Application (2022-2030) ($MN)
9 Global Ammonium Carbonate Market Outlook, By Fertilizers (2022-2030) ($MN)
10 Global Ammonium Carbonate Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
11 Global Ammonium Carbonate Market Outlook, By Baking & Confectionery (2022-2030) ($MN)
12 Global Ammonium Carbonate Market Outlook, By Personal Care & Cosmetics (2022-2030) ($MN)
13 Global Ammonium Carbonate Market Outlook, By Textile & Leather (2022-2030) ($MN)
14 Global Ammonium Carbonate Market Outlook, By Agriculture (2022-2030) ($MN)
15 Global Ammonium Carbonate Market Outlook, By Other Applications (2022-2030) ($MN)
16 North America Ammonium Carbonate Market Outlook, By Country (2022-2030) ($MN)
17 North America Ammonium Carbonate Market Outlook, By Type (2022-2030) ($MN)
18 North America Ammonium Carbonate Market Outlook, By Food & Pharma Grade (2022-2030) ($MN)
19 North America Ammonium Carbonate Market Outlook, By Technical Grade (2022-2030) ($MN)
20 North America Ammonium Carbonate Market Outlook, By Form (2022-2030) ($MN)
21 North America Ammonium Carbonate Market Outlook, By Powder (2022-2030) ($MN)
22 North America Ammonium Carbonate Market Outlook, By Lumps (2022-2030) ($MN)
23 North America Ammonium Carbonate Market Outlook, By Application (2022-2030) ($MN)
24 North America Ammonium Carbonate Market Outlook, By Fertilizers (2022-2030) ($MN)
25 North America Ammonium Carbonate Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
26 North America Ammonium Carbonate Market Outlook, By Baking & Confectionery (2022-2030) ($MN)
27 North America Ammonium Carbonate Market Outlook, By Personal Care & Cosmetics (2022-2030) ($MN)
28 North America Ammonium Carbonate Market Outlook, By Textile & Leather (2022-2030) ($MN)
29 North America Ammonium Carbonate Market Outlook, By Agriculture (2022-2030) ($MN)
30 North America Ammonium Carbonate Market Outlook, By Other Applications (2022-2030) ($MN)
31 Europe Ammonium Carbonate Market Outlook, By Country (2022-2030) ($MN)
32 Europe Ammonium Carbonate Market Outlook, By Type (2022-2030) ($MN)
33 Europe Ammonium Carbonate Market Outlook, By Food & Pharma Grade (2022-2030) ($MN)
34 Europe Ammonium Carbonate Market Outlook, By Technical Grade (2022-2030) ($MN)
35 Europe Ammonium Carbonate Market Outlook, By Form (2022-2030) ($MN)
36 Europe Ammonium Carbonate Market Outlook, By Powder (2022-2030) ($MN)
37 Europe Ammonium Carbonate Market Outlook, By Lumps (2022-2030) ($MN)
38 Europe Ammonium Carbonate Market Outlook, By Application (2022-2030) ($MN)
39 Europe Ammonium Carbonate Market Outlook, By Fertilizers (2022-2030) ($MN)
40 Europe Ammonium Carbonate Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
41 Europe Ammonium Carbonate Market Outlook, By Baking & Confectionery (2022-2030) ($MN)
42 Europe Ammonium Carbonate Market Outlook, By Personal Care & Cosmetics (2022-2030) ($MN)
43 Europe Ammonium Carbonate Market Outlook, By Textile & Leather (2022-2030) ($MN)
44 Europe Ammonium Carbonate Market Outlook, By Agriculture (2022-2030) ($MN)
45 Europe Ammonium Carbonate Market Outlook, By Other Applications (2022-2030) ($MN)
46 Asia Pacific Ammonium Carbonate Market Outlook, By Country (2022-2030) ($MN)
47 Asia Pacific Ammonium Carbonate Market Outlook, By Type (2022-2030) ($MN)
48 Asia Pacific Ammonium Carbonate Market Outlook, By Food & Pharma Grade (2022-2030) ($MN)
49 Asia Pacific Ammonium Carbonate Market Outlook, By Technical Grade (2022-2030) ($MN)
50 Asia Pacific Ammonium Carbonate Market Outlook, By Form (2022-2030) ($MN)
51 Asia Pacific Ammonium Carbonate Market Outlook, By Powder (2022-2030) ($MN)
52 Asia Pacific Ammonium Carbonate Market Outlook, By Lumps (2022-2030) ($MN)
53 Asia Pacific Ammonium Carbonate Market Outlook, By Application (2022-2030) ($MN)
54 Asia Pacific Ammonium Carbonate Market Outlook, By Fertilizers (2022-2030) ($MN)
55 Asia Pacific Ammonium Carbonate Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
56 Asia Pacific Ammonium Carbonate Market Outlook, By Baking & Confectionery (2022-2030) ($MN)
57 Asia Pacific Ammonium Carbonate Market Outlook, By Personal Care & Cosmetics (2022-2030) ($MN)
58 Asia Pacific Ammonium Carbonate Market Outlook, By Textile & Leather (2022-2030) ($MN)
59 Asia Pacific Ammonium Carbonate Market Outlook, By Agriculture (2022-2030) ($MN)
60 Asia Pacific Ammonium Carbonate Market Outlook, By Other Applications (2022-2030) ($MN)
61 South America Ammonium Carbonate Market Outlook, By Country (2022-2030) ($MN)
62 South America Ammonium Carbonate Market Outlook, By Type (2022-2030) ($MN)
63 South America Ammonium Carbonate Market Outlook, By Food & Pharma Grade (2022-2030) ($MN)
64 South America Ammonium Carbonate Market Outlook, By Technical Grade (2022-2030) ($MN)
65 South America Ammonium Carbonate Market Outlook, By Form (2022-2030) ($MN)
66 South America Ammonium Carbonate Market Outlook, By Powder (2022-2030) ($MN)
67 South America Ammonium Carbonate Market Outlook, By Lumps (2022-2030) ($MN)
68 South America Ammonium Carbonate Market Outlook, By Application (2022-2030) ($MN)
69 South America Ammonium Carbonate Market Outlook, By Fertilizers (2022-2030) ($MN)
70 South America Ammonium Carbonate Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
71 South America Ammonium Carbonate Market Outlook, By Baking & Confectionery (2022-2030) ($MN)
72 South America Ammonium Carbonate Market Outlook, By Personal Care & Cosmetics (2022-2030) ($MN)
73 South America Ammonium Carbonate Market Outlook, By Textile & Leather (2022-2030) ($MN)
74 South America Ammonium Carbonate Market Outlook, By Agriculture (2022-2030) ($MN)
75 South America Ammonium Carbonate Market Outlook, By Other Applications (2022-2030) ($MN)
76 Middle East & Africa Ammonium Carbonate Market Outlook, By Country (2022-2030) ($MN)
77 Middle East & Africa Ammonium Carbonate Market Outlook, By Type (2022-2030) ($MN)
78 Middle East & Africa Ammonium Carbonate Market Outlook, By Food & Pharma Grade (2022-2030) ($MN)
79 Middle East & Africa Ammonium Carbonate Market Outlook, By Technical Grade (2022-2030) ($MN)
80 Middle East & Africa Ammonium Carbonate Market Outlook, By Form (2022-2030) ($MN)
81 Middle East & Africa Ammonium Carbonate Market Outlook, By Powder (2022-2030) ($MN)
82 Middle East & Africa Ammonium Carbonate Market Outlook, By Lumps (2022-2030) ($MN)
83 Middle East & Africa Ammonium Carbonate Market Outlook, By Application (2022-2030) ($MN)
84 Middle East & Africa Ammonium Carbonate Market Outlook, By Fertilizers (2022-2030) ($MN)
85 Middle East & Africa Ammonium Carbonate Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
86 Middle East & Africa Ammonium Carbonate Market Outlook, By Baking & Confectionery (2022-2030) ($MN)
87 Middle East & Africa Ammonium Carbonate Market Outlook, By Personal Care & Cosmetics (2022-2030) ($MN)
88 Middle East & Africa Ammonium Carbonate Market Outlook, By Textile & Leather (2022-2030) ($MN)
89 Middle East & Africa Ammonium Carbonate Market Outlook, By Agriculture (2022-2030) ($MN)
90 Middle East & Africa Ammonium Carbonate Market Outlook, By Other Applications (2022-2030) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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