The global food grade ammonium carbonate market size is expected to be valued at US$ 289.5 Million in 2022. Increasing consumption of processed food items in both developed and developing countries is likely to drive the market.
As per FMI, sales of food grade ammonium carbonate are projected to reach US$ 796.3 Million in 2032 and exhibit growth at a CAGR of 11.4% in the forecast period from 2022 to 2032. Surging usage of food grade ammonium carbonate in the bakery and confectionery industry worldwide is set to push growth. Food grade ammonium carbonate is also known as Baker’s Ammonia or hartshorn salt. Ammonium carbonate is a leavening ingredient that is widely used in various old-fashioned recipes as it instantly degrades to carbon dioxide and gaseous ammonia upon heating.
Consequently, the salt witnesses a range of applications as a leavening agent as well as a smelling salt in the food industry. The increasing adoption of food grade ammonium carbonate in bakery sector can be attributed to its ability to make extra-crisp crackers or cookies.
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Unlike baking soda or powder, food grade ammonium carbonate does not leave behind any alkaline off-flavor in final baked goods. However, the use of food grade ammonium carbonate is limited to small goods only, as the ammonia gas fails to evaporate from cakes or other large items.
Some of the leading players operating in food grade ammonium carbonate market are ECSA Chemicals, Thermo Fisher Scientific, Avantor, BASF, Sandvik Materials Technology, TCC, AMRESCO, and Honeywell. Amid the growing competition in the good grade ammonium carbonate market, manufacturers are increasing focusing on expanding their business through strategic partnerships.
Unique Benefits of Food Grade Ammonium Carbonate as Leavening Agent Fueling Market Growth
With the demand for well baked, and crisp goods with extended shelf life growing at a fast pace, manufacturers in the baking industry are increasingly adopting food grade ammonium carbonate as a leavening agent. This growing adoption of food grade ammonium carbonate can be attributed to the various unique advantages of baking ammonia over other chemical leavening agents for baking some specific kinds of cookies.
As baking ammonia increases the pH level in cookies, it weakens the gluten in the final goods. Food grade ammonium carbonate when used as a leavening agent, it creates a finished product that has more spread and tenderness while forming coarser, more-open crumb that instantly dries to a crisp.
Food Grade Ammonium Carbonate Market: Segmentation
Based on forms, the food grade ammonium carbonate market is segmented into:
- Lumps
- Powder
Based on applications, the food grade ammonium carbonate market is segmented into:
- Crackers
- Biscotti
- Dry cookies.
Food Grade Ammonium Carbonate Market: Competition Analysis
The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Food Grade Ammonium Carbonate market. Competitive information detailed in the Food Grade Ammonium Carbonate market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Food Grade Ammonium Carbonate market report.
Important Questions Answered in the Food Grade Ammonium Carbonate Market Report
- Which end user remains the top revenue contributor in different regional markets?
- At what rate has the global Food Grade Ammonium Carbonate market been expanding during the forecast period?
- How will the global Food Grade Ammonium Carbonate market look like by the end of the forecast period?
- What innovative strategies are adopted by Food Grade Ammonium Carbonate market players to stay ahead of the pack?
- What are the restraints affecting the growth of the global Food Grade Ammonium Carbonate market?
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Key Offerings of the Report
- Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
- Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
- Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
- Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
- Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Food Grade Ammonium Carbonate market
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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