Email
Print
Market Overview:
The Ammonium Carbonate Market size is estimated to reach $982 Million by 2031, growing at a CAGR of 4.9% during the forecast period 2025-2031, according to a recent report published by IndustryARC, titled, “Ammonium Carbonate Market – By Form (Powder, Granules, Lump), By Grade (Food Grade, Pharmaceutical Grade and Technical Grade), By Application (Mordant Dye, Leavening Agent, Smelling Salt, Shampoo & Conditioner, Expectorant, Intermediate and Others), By End Use Industry (Food & Beverages, Pharmaceuticals, Chemical Industry, Textile, Personal Care & Cosmetics and Others), By Geography- Opportunity Analysis & Industry Forecast, 2025-2031.”
The growth of the ammonium carbonate market is driven by its increasing demand in the food and beverage industry as a leavening agent. The growing demand for bakery products, biscuits and cookies are driving this demand. Additionally, the demand from end use industries such as pharmaceutical and chemical industries also boost the market growth.
APAC Dominated the market in 2024
The Asia-Pacific (APAC) region occupied the largest market share in 2024 on account of its strong industrial base which supports significant consumption of technical-grade ammonium carbonate in chemical, textile and cleaning applications. Additionally, the expanding manufacturing sector further propels demand. Moreover, the rapid growth of the pharmaceutical industry driven by increasing healthcare expenditure and drug manufacturing, is contributing to the demand for high-purity ammonium carbonate. In FY25 (until June 2024), the exports of drugs and pharmaceuticals from India stood at US$7.2 billion, according to data from India Brand Equity Foundation.
Ammonium Carbonate Market: Key Takeaways
Demand for Baked Goods
The demand for baked goods is rising globally due to changing lifestyles, urbanization, and a growing preference for convenient, ready-to-eat products. Items like bread, cookies, cakes, pastries, and biscuits are dietary staples, appealing to a wide range of consumers. Factors such as the expansion of café culture, increased snacking trends, and innovations in flavors and healthier options, including gluten-free and organic products, further drive this demand. Seasonal and festive consumption of specialty baked good, along with the growth of online bakery sales contributes to the market's expansion.
Applications in Chemical Industry
Ammonium carbonate is a versatile compound widely used in the chemical sector for its role as a precursor in the production of ammonium salts, dyes and pigments. It functions as a buffering agent to stabilize chemical reactions, particularly in polymer and resin synthesis. Its ability to decompose into ammonia and carbon dioxide makes it valuable in industrial cleaning formulations. The growing focus on hygiene and sanitation especially since the pandemic, drives the demand for cleaning products.
Scope of the Report:
Recent Developments:
Ammonium Carbonate Market: Competitive Landscape
Key companies profiled in the Ammonium Carbonate Market are BASF SE, Thermo Fisher Scientific, Kanto Chemical Co., Inc., Honeywell International Inc., Henan Tianfu Chemical Co., Ltd., Oasis Fine Chem, Prochem Inc., Shandong Yurun Chemical Co., Ltd., Vishnupriya Chemicals Pvt. Ltd., Fengchen Group Co., Ltd and Others
Related Reports:
Sodium Carbonate Market – The Sodium Carbonate market size is set to grow at a CAGR of 4.2% and to reach $31.12 billion during the period 2024-2030. Construction and Infrastructure Development and rising demand from the foundry industry are propelling the industry for the ammonium carbonate market.
Nitric Acid Market – Nitric Acid market size is estimated to reach US$25.6 billion by 2027, after growing at CAGR of 4.2% from 2022 to 2027. The factors like increase in production of agrochemicals, high demand for automobiles growing demand of textiles, and furniture items are driving the growth of nitric acid market.
Ammonium Nitrate Market -Ammonium Nitrate Market is forecast to reach US$19.2 billion by 2026, after growing at a CAGR of 4.3% during 2021-2026. The growing population is generating a high demand for food, particularly in India and China, followed by a focus on modern farming activities such as hydroponic and rotary crops and agroforestry. In addition, high investment by mining companies in exploring new exploration sites for valuable metals and minerals is also expected to drive the growth of the mining applications industry. This is a major factor expected during the forecast period that drives the demand for ammonium nitrate.
About IndustryARC™:
IndustryARC primarily focuses on Market Research and Consulting Services specific to Cutting Edge Technologies and Newer Application segments of the market. The company’s Custom Research Services are designed to provide insights into the constant flux in the global demand-supply gap of markets.
IndustryARC’s goal is to provide the right information required by the stakeholder at the right point in time, in a format that assists an intelligent and informed decision-making process.
Contact Us:
Mr. Venkat Reddy
IndustryARC
Email: [email protected]
USA: (+1) 518-282-4727