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Food Grade Ammonium Chloride market is projected to grow from US$ 35 million in 2023 to US$ 40 million by 2029, at a Compound Annual Growth Rate (CAGR) of 2.3% - Valuates Reports

08-21-2023 06:16 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

The global Food Grade Ammonium Chloride market is projected to grow from US$ 35 million in 2023 to US$ 40 million by 2029, at a Compound Annual Growth Rate (CAGR) of 2.3% during the forecast period.

Get sample report - https://reports.valuates.com/request/sample/QYRE-Auto-7W8459/Global_and_Japan_Food_Grade_Ammonium_Chloride_Market_Insights_Forecast_to_2027

Ammonium chloride, NH4Cl, is an inorganic, mildly acidic, white crystalline salt compound that is highly soluble in water. The mineral is commonly formed on burning coal dumps due to condensation of coal-derived gases. It is also found around some types of volcanic vents. It is used as a flavoring agent in licorice. Ammonium chloride is the product from the reaction of hydrochloric acid and ammonia. Ammonium chloride is obtained as a by-product in different chemical processes, particularly from the Solvay process for production of sodium carbonate from sodium chloride, ammonia, carbon dioxide and water.
Global Ammonium Chloride key players include BASF, Hubei Yihua, Jinshan Chemical, Dallas Group, CNSG, etc. Global top five manufacturers hold a share about 40%. China is the largest market, with a share about 70%, followed by Europe and United States, total with a share about 20 percent. In terms of product, Agriculture Grade is the largest segment, with a share about 55%. And in terms of application, the largest application is Biology and Agriculture, followed by Buffer Solution, Metalwork, Textile and Leather, Pyrotechnics, Food, etc.
Report Includes:
This report presents an overview of global market for Food Grade Ammonium Chloride, sales, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2018 - 2022, estimates for 2023, and projections of CAGR through 2029.
This report researches the key producers of Food Grade Ammonium Chloride, also provides the sales of main regions and countries. Highlights of the upcoming market potential for Food Grade Ammonium Chloride, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Food Grade Ammonium Chloride sales, revenue, market share and industry ranking of main manufacturers, data from 2018 to 2023. Identification of the major stakeholders in the global Food Grade Ammonium Chloride market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

Segment by Type
Solid
Liquid

Segment by Application
Ready-to-eat Processed Snacks
Dessert
Other

Read more - https://reports.valuates.com/market-reports/QYRE-Auto-7W8459/global-and-japan-food-grade-ammonium-chloride

Similar report -

https://reports.valuates.com/market-reports/QYRE-Auto-6J8509/global-and-united-states-industrial-grade-ammonium-chloride

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