| Product Code: ETC4856802 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Guyana continued to heavily rely on imports of sodium bicarbonate, with the USA, Spain, Belgium, UK, and Canada being the top exporting countries. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was negative at -11.08%, with a notable decline in growth rate from 2023 to 2024 at -17.27%. These trends suggest a challenging landscape for sodium bicarbonate importers in Guyana, emphasizing the need for strategic planning and market insights.

The Sodium Bicarbonate market in Guyana is projected to grow at a exponential growth rate of 53.07% by 2027, within the Latin America region led by Brazil, along with other countries like Mexico, Argentina, Colombia and Chile, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Guyana Sodium Bicarbonate Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Sodium Bicarbonate Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Sodium Bicarbonate Market - Industry Life Cycle |
3.4 Guyana Sodium Bicarbonate Market - Porter's Five Forces |
3.5 Guyana Sodium Bicarbonate Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Guyana Sodium Bicarbonate Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Guyana Sodium Bicarbonate Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Guyana Sodium Bicarbonate Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Guyana Sodium Bicarbonate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increased demand for sodium bicarbonate in the food and beverage industry |
4.2.2 Growing awareness about the benefits of sodium bicarbonate in the healthcare sector |
4.2.3 Expansion of the agriculture industry in Guyana leading to higher use of sodium bicarbonate in farming practices |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of sodium bicarbonate |
4.3.2 Regulatory challenges related to environmental impact and waste management in the manufacturing process |
5 Guyana Sodium Bicarbonate Market Trends |
6 Guyana Sodium Bicarbonate Market Segmentations |
6.1 Guyana Sodium Bicarbonate Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Guyana Sodium Bicarbonate Market Revenues & Volume, By Food Grade, 2021-2031F |
6.1.3 Guyana Sodium Bicarbonate Market Revenues & Volume, By Pharma Grade, 2021-2031F |
6.1.4 Guyana Sodium Bicarbonate Market Revenues & Volume, By Feed Grade, 2021-2031F |
6.1.5 Guyana Sodium Bicarbonate Market Revenues & Volume, By Technical Grade, 2021-2031F |
6.2 Guyana Sodium Bicarbonate Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Guyana Sodium Bicarbonate Market Revenues & Volume, By Slurry, 2021-2031F |
6.2.3 Guyana Sodium Bicarbonate Market Revenues & Volume, By Crystal/Powdered Crystal, 2021-2031F |
6.2.4 Guyana Sodium Bicarbonate Market Revenues & Volume, By Liquid, 2021-2031F |
6.3 Guyana Sodium Bicarbonate Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Guyana Sodium Bicarbonate Market Revenues & Volume, By Food, 2021-2031F |
6.3.3 Guyana Sodium Bicarbonate Market Revenues & Volume, By Personal Care/Cosmetics, 2021-2031F |
6.3.4 Guyana Sodium Bicarbonate Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.5 Guyana Sodium Bicarbonate Market Revenues & Volume, By Flue Gas Treatment, 2021-2031F |
6.3.6 Guyana Sodium Bicarbonate Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.3.7 Guyana Sodium Bicarbonate Market Revenues & Volume, By Cleaning Agent/Detergent, 2021-2031F |
6.3.8 Guyana Sodium Bicarbonate Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Guyana Sodium Bicarbonate Market Revenues & Volume, By Others, 2021-2031F |
6.4 Guyana Sodium Bicarbonate Market, By Type |
6.4.1 Overview and Analysis |
6.4.2 Guyana Sodium Bicarbonate Market Revenues & Volume, By Sodium carbonate method type, 2021-2031F |
6.4.3 Guyana Sodium Bicarbonate Market Revenues & Volume, By Sodium hydroxide method type, 2021-2031F |
6.4.4 Guyana Sodium Bicarbonate Market Revenues & Volume, By Nahcolite extraction type, 2021-2031F |
7 Guyana Sodium Bicarbonate Market Import-Export Trade Statistics |
7.1 Guyana Sodium Bicarbonate Market Export to Major Countries |
7.2 Guyana Sodium Bicarbonate Market Imports from Major Countries |
8 Guyana Sodium Bicarbonate Market Key Performance Indicators |
8.1 Percentage of market penetration in the food and beverage industry |
8.2 Growth rate of sodium bicarbonate usage in healthcare applications |
8.3 Number of new agricultural partnerships utilizing sodium bicarbonate for crop yield improvement |
9 Guyana Sodium Bicarbonate Market - Opportunity Assessment |
9.1 Guyana Sodium Bicarbonate Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Guyana Sodium Bicarbonate Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Guyana Sodium Bicarbonate Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Guyana Sodium Bicarbonate Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Guyana Sodium Bicarbonate Market - Competitive Landscape |
10.1 Guyana Sodium Bicarbonate Market Revenue Share, By Companies, 2024 |
10.2 Guyana Sodium Bicarbonate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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