Azodicarbonamide Market Poised to Expand at a CAGR of 5.6% by the End of Forecast Period 2031

Azodicarbonamide Market Poised to Expand at a CAGR of 5.6% by the End of Forecast Period 2031

The substantial growth of the food industry in recent years has led to the development of a wide variety of products. Manufacturers have been largely focusing on altering or adding substances to food to enhance its properties. One such altered food is Azodicarbonamide. The azodicarbonamide is a chemical substance that is used as in products such as cereal flour as a whitening agent and bread baking as a dough conditioner. The azodicarbonamide is a crystalline powder which is generally found in two colors yellow and red-orange.

Despite various controversies on the consumption of azodicarbonamide, the U.S. Food and Drug Administration has approved the use after significant research. The azodicarbonamide finds application as a food additive and as a blowing agent to seal caps of the containers used for food. Such factors are driving the growth of azodicarbonamide in the market.

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Azodicarbonamide Market: Competitive Landscape

Examples of some of the key players operating in the Azodicarbonamide market are Kum Yang Co., Ltd., Honeywell International, Ajanta Chemical Industries, Abtonsmart Chemicals Co., Ltd., SPL Group, Jiangxi Selon Industrial Stock, Fuzhou Rongfeng Chemicals Co., Ltd., Qingdao Est Trade Co., Ltd., and Sri Dwarikadheesh Polymers.

Regional Overview

The Azodicarbonamide market is segmented across North America, Latin America, Western Europe, Eastern Europe, China, SEA and others of APAC, Japan and Middle East & Africa. The Asia Pacific is expected to be a large market for Azodicarbonamide as a majority of the Azodicarbonamide vendors such as Kum Yang Co., Ltd., Jiangxi Selon Industrial and Fuzhou Rongfeng Chemicals Co. are based in the region. Significant support of U.S. Food and Drug Administration (FDA) in the adoption and consumption of Azodicarbonamide in the North America region is driving the growth of Azodicarbonamide.

The growing popularity of Azodicarbonamide in developing regions, such as APEJ, Latin America and parts of Africa, is characterized by the Substantial growth of food additive industry. Rising disposable income among people in the countries mentioned above is likely to increase the scope of penetration of Azodicarbonamide in these regions in the near future.

Azodicarbonamide Market: Segmentation                                                                     

The Azodicarbonamide market can be categorized on the basis of application and industry. On the basis of application in the Azodicarbonamide market, the Azodicarbonamide is expected to have a high share in food additive applications since it can whiten the bakery bread and also provide texture to the bread. On the basis of industry, the food industry segment is expected to have high growth in the market due to the increased use of azodicarbonamide as a food additive.

Azodicarbonamide market can be segmented on the basis of applications:

  • Food Additive
  • Blowing Agent
  • Others

Azodicarbonamide market can be segmented on the basis of industry:

  • Packaging
  • Food
  • Leather and Textile
  • Paints and Coatings
  • Plastic and Rubber
  • Others

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