Charts & Stats

Global Sodium Bicarbonate market [2015-2025] by South America

By South America, the market is segmented into South America, Argentina, Mexico, Brazil, and Rest of South America (2015-2025)

Author: Wantstats Research TeamSource: Wantstats Repository
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Global Sodium Bicarbonate market [2015-2025] by South America — full underlying data
LabelSouth AmericaArgentinaMexicoBrazilRest of South America
201595.97 USD Mn17.42 USD Mn25.00 USD Mn46.26 USD Mn7.29 USD Mn
201699.88 USD Mn17.98 USD Mn25.97 USD Mn48.44 USD Mn7.49 USD Mn
2017104.01 USD Mn18.57 USD Mn26.99 USD Mn50.75 USD Mn7.70 USD Mn
2018108.53 USD Mn19.22 USD Mn28.10 USD Mn53.27 USD Mn7.94 USD Mn
2019113.47 USD Mn19.93 USD Mn29.33 USD Mn56.02 USD Mn8.19 USD Mn
2020118.73 USD Mn20.68 USD Mn30.63 USD Mn58.96 USD Mn8.47 USD Mn
2021124.79 USD Mn21.56 USD Mn32.12 USD Mn62.33 USD Mn8.79 USD Mn
2022131.18 USD Mn22.48 USD Mn33.70 USD Mn65.89 USD Mn9.12 USD Mn
2023137.92 USD Mn23.44 USD Mn35.36 USD Mn69.65 USD Mn9.47 USD Mn
2024145.03 USD Mn24.44 USD Mn37.11 USD Mn73.64 USD Mn9.83 USD Mn
2025152.52 USD Mn25.50 USD Mn38.95 USD Mn77.87 USD Mn10.21 USD Mn

Data Source: Wantstats Repository

Wantstats

Market Dynamics

Brazil accounted for the largest market share in 2018 in the South America sodium bicarbonate market , and is expected to reach USD 77.87 Million in 2025 from USD 53.27 Million in 2018.This market is projected to grow at a CAGR of 5.64% during the forecast period from 2019 - 2025. animal feed segment accounted for the largest market share in 2018, this market is expected to reach USD 42.38 Million in 2025 from USD 27.82 Million in 2018. This market is projected to grow at a CAGR of 6.24% during the forecast period from 2019 - 2025. However, food and beverages segment is the fastest growing market, which is expected to grow at a CAGR of 6.27% during the forecast period 2019 - 2025. feed segment accounted for the largest market share in 2018, this market is expected to reach USD 68.81 Million in 2025 from USD 48.00 Million in 2018. This market is projected to grow at a CAGR of 5.35% during the forecast period from 2019 - 2025. However, food segment is the fastest growing market, which is expected to grow at a CAGR of 5.44% during the forecast period 2019 - 2025.

Research Methodology

Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.

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