The global ammonium carbonate industry value reached USD 770.3 million in 2023. Over the forecast period, the value is anticipated to rise at a 5.4% CAGR. The market is predicted to increase from USD 771.5 million in 2024 to USD 1,301.8 million in 2034.
Ammonium carbonate is widely used in various as a leavening agent for baking goods. Manufacturers in the food sector are using food-grade ammonium carbonate since the demand for baked goods and crispy snacks with longer shelf life is growing. The various benefits of food-grade ammonia above other chemical leavening ingredients for specific types of cookies are anticipated to fuel sales in the market.
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.
𝐌𝐚𝐤𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐞𝐝 𝐃𝐞𝐜𝐢𝐬𝐢𝐨𝐧𝐬 – 𝐀𝐜𝐜𝐞𝐬𝐬 𝐘𝐨𝐮𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐈𝐧𝐬𝐭𝐚𝐧𝐭𝐥𝐲! https://www.futuremarketinsights.com/report-sample#5245502d47422d33393930
In addition to this, ammonium carbonate is used in the textile industry for sewing 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 textile 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 USD 1,301.8 million by 2034, growing at a CAGR of 5.4% 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 with dyeing purposes to increase the fastness property of the fabric.
Competitive Landscape
Some of the key players in the ammonium carbonate market are
- 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
- Takasugi Pharmaceutical
𝐓𝐨 𝐆𝐚𝐢𝐧 𝐌𝐨𝐫𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐕𝐢𝐬𝐢𝐭! https://www.futuremarketinsights.com/reports/ammonium-carbonate-market
Key Segments of Market Report
By Product Grade:
In terms of product grades, the industry is divided into food, pharmaceutical, and technical grades.
By Product Type:
As per product types, the industry is divided into powder and lumps.
By End-use Industry:
Based on end-use industries, the industry is divided into pharmaceutical, cosmetics and personal care, food, textile, and others.
By Region:
Key countries of North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia Pacific, and the Middle East and Africa have been covered in the report.
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