The global Potassium Bicarbonate market is forecast to reach USD 161.9 Million by 2027, according to a new report by Reports and Data. Potassium bicarbonate is an odorless, colorless, non-combustible, slightly basic, and a salty substance. It is also known as potassium hydrogen carbonate or potassium acid carbonate.
Potassium bicarbonate is a convenient source of carbon dioxide in baking applications. Moreover, it is a handy source of potassium and acts as a corrosion inhibitor. Potassium bicarbonate is an electrolyte that is crucial for several body functions. Most of the people receive it by eating a variety of diet that includes foods that contain potassium. However, some medical conditions cause potassium levels to drop. Potassium bicarbonate supplement is subscribed to by physicians in those cases.
The Asia Pacific held the largest market share in the global potassium bicarbonate market. China is the key producer of the market product. The region has the fastest growth rate due to the rapidly increasing healthcare industry, rise in industrial and personal care applications, and growth in agricultural activities in developing nations such as India and China. The healthcare sector finds the most usage of potassium bicarbonate, mainly due to government initiatives to modernize the healthcare sector in developing nations.
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Key participants include CellMark USA, LLC, Church & Dwight Co. Inc., Kudos Blends Limited, Wentong Potassium Salt Group Co. Ltd., GFS Chemicals Inc., Noah Technologies, KRONOX Lab Sciences Pvt. Ltd., BASF SE, Clariant AG, and Evonik, among others.
Further key findings from the report suggest
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For the purpose of this report, Reports and Data have segmented into the global Potassium Bicarbonate market on the basis of type, application, distribution channel, and region:
Type Outlook (Revenue, USD Million; Volume, Kilo Tons; 2016-2027)
Application Outlook (Revenue, USD Million; Volume, Kilo Tons; 2016-2027)
Distribution Channel Outlook (Revenue, USD Million; Volume, Kilo Tons; 2016-2027)
Regional Outlook (Revenue, USD Million; Volume, Kilo Tons; 2016-2027)
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