South Korea Sodium Bicarbonate Market Size, Share, and COVID-19 Impact Analysis, By Grade (Feed, Food, Technical, and Pharmaceutical), By End-Use (Animal Feed, Food Beverage, Flue Gas Treatment, Personal Care Pharmaceuticals, Detergents Cleaning Agents, Haemodialysis, Agriculture, Chemicals, Textile, and Others), and South Korea Sodium Bicarbonate Market Insights, Industry Trend, Forecasts to 2035

South Korea Sodium Bicarbonate Market Insights Forecasts to 2035

• The South Korea Sodium Bicarbonate Market Size was Estimated at USD 0.08 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 5.22% from 2025 to 2035
• The South Korea Sodium Bicarbonate Market Size is Expected to Reach USD 0.14 Million by 2035

According to a research report published by Spherical Insights & Consulting, The South Korea Sodium Bicarbonate Market Size is anticipated to reach USD 0.14 Million by 2035, growing at a CAGR of 5.22% from 2025 to 2035. Driven by growing demand for environmentally friendly cleaning products, pharmaceutical applications, and food processing. Market expansion is further supported by increased use in personal care products, animal feed, and flue gas treatment.

Market Overview

The domestic industry that produces, imports, distributes, and uses sodium bicarbonate (NaHCO3) in a variety of industries, including food and beverage, pharmaceuticals, personal care, animal feed, agriculture, and flue gas treatment, is referred to as the South Korea sodium bicarbonate market. Food-grade sodium bicarbonate is the leading segment of the market, which is influenced by consumer demand for clean-label ingredients, environmentally friendly applications, and regulatory compliance. Additionally, the increasing use of organic farming practices in South Korea is expanding the applications of sodium bicarbonate in agriculture by creating a favorable environment for the natural pesticide. Furthermore, current trends indicate that South Korean manufacturers are making significant progress toward environmentally friendly packaging choices and sustainable production methods. As the government focuses on reducing chemical inputs and promoting the circular economy, companies are increasingly proposing sodium bicarbonate as a versatile ingredient that helps satisfy these regulatory requirements while satisfying the growing consumer demand for healthier and greener products. This adherence to legal requirements is a sign of the market's potential for sustained growth driven by innovation and market adaptation.

Report Coverage

This research report categorizes the market for the South Korea sodium bicarbonate market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea sodium bicarbonate market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the market.

Driving Factors

The South Korean sodium bicarbonate market is largely driven by the pharmaceutical industry. Sodium bicarbonate is utilized as a buffering agent in certain injectables and in a variety of pharmaceutical formulations, such as antacids. According to the Korea Pharmaceutical Manufacturers Association, the pharmaceutical market is expected to grow at a strong rate of more than 5% per year until 2030. The use of sodium bicarbonate is growing as a result of pharmaceutical innovations driven by growing healthcare demands, an aging population, and increased consumer awareness of health issues. Additionally, South Korea is renowned for having a sophisticated healthcare system, which encourages a lot of pharmaceutical research and development and grows the market as a whole.

Restraining Factors

South Korea depends heavily on imports to meet domestic demand for sodium bicarbonate because there is little local production of the substance. Due to this reliance, the market is susceptible to disruptions in the global supply chain, including shortages of raw materials, delays in shipping, and geopolitical unrest. Long-term market growth can therefore be constrained by cost volatility and supply instability, which can impede consistent availability and pricing.

Market Segmentation

The South Korea sodium bicarbonate market share is classified into grade and end-use.

• The food segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea sodium bicarbonate market is segmented by grade into feed, food, technical, and pharmaceutical. Among these, the food segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Given South Korea's rich culinary culture and demand for safe, high-quality food products, the food segment uses sodium bicarbonate as a pH regulator and as a leavening agent in baked goods.

• The food beverage segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea sodium bicarbonate market is segmented by end-use into animal feed, food beverage, flue gas treatment, personal care pharmaceuticals, detergents cleaning agents, haemodialysis, agriculture, chemicals, textile, and others. Among these, the food beverage segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Sodium bicarbonate is used as a leavening agent in the food and beverage industry, which helps to create innovative cuisine in the area.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea sodium bicarbonate market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market

List of Key Companies

• OCI Company Ltd.
• UNID Global Corporation
• SHINKWANG FOOD CORP.
• ChungHae Co., Ltd.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea Sodium Bicarbonate Market based on the below-mentioned segments:

South Korea Sodium Bicarbonate Market, By Grade

• Feed
• Food
• Technical
• Pharmaceutical

South Korea Sodium Bicarbonate Market, By End-Use

• Animal Feed
• Food Beverage
• Flue Gas Treatment
• Personal Care Pharmaceuticals
• Detergents Cleaning Agents
• Haemodialysis
• Agriculture
• Chemicals
• Textile
• Others