New York, According to a new market research report published by Global Insight Services “Food Grade Ammonium Carbonate Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Ammonium carbonate is a white crystalline salt with the formula (NH4)2CO3. It is also known as baker’s ammonia or hartshorn. It is used as a leavening agent in baking. When heated, it decomposes to release ammonia gas, which is used as a leavening agent.
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Key Trends
Some of the key trends in Food Grade Ammonium Carbonate technology include:
-The use of food grade ammonium carbonate as a leavening agent in baking.
-The use of food grade ammonium carbonate to add a crispy texture to food.
-The use of food grade ammonium carbonate to add a savory flavor to food.
Key Drivers
The key drivers of the Food Grade Ammonium Carbonate market are the increasing demand from the food and beverage industry and the growing demand from the pharmaceutical industry. The food and beverage industry is the largest consumer of ammonium carbonate, and the pharmaceutical industry is the second-largest consumer. Ammonium carbonate is used in the food and beverage industry as a leavening agent, and in the pharmaceutical industry, it is used as an antacid.
The key challenge for the Food Grade Ammonium Carbonate market is the availability of substitutes. Ammonium carbonate is used as a leavening agent in the food and beverage industry, and as an antacid in the pharmaceutical industry. However, there are several substitutes available for both applications.
Market Segments
The food grade ammonium carbonate market bifurcated on the basis of form, application, and region. On the basis of form, it is segmented into lumps and powder. By application, it is analyzed across crackers, biscotti, dry cookies, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
Key Player
The food grade ammonium carbonate market report includes players such as Honeywell, Thermo Fisher Scientific, AMRESCO, ECSA Chemicals, TCC, Avantor, Sandvik Materials Technology, BASF, Syngenta AG, and Monsanto.
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Reasons to buy Food Grade Ammonium Carbonate Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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