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Ammonium Acetate Market

Ammonium Acetate Market: Information by Type (Food Additive, Pharmaceuticals), Grade (Industrial Grade, Food Grade, Agriculture Grade), and Region- Forecast till 2026

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Market Overview

Ammonium acetate is a white crystalline solid, which can be synthesized through two methods, either by neutralizing acetic acid with ammonium carbonate or by the saturation of glacial acid with dry ammonia gas. As ammonium acetate is volatile at low pressures, it is used to replace cell buffer with non-volatile salts in preparing samples for mass spectrometry. As ammonium acetate is a salt of a weak acid and a weak base, it is used with acetic acid to create buffer solution.

Market Snapshot

market snapshot
Base Year
: 2017
Study Period
: 2016-2026
: 3.8 %
Fastest Growing Market
: North America
Largest Market
: Asia Pacific
Market Size
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Market Dynamics

Increasing use of natural additives instead of synthetic additives in foods & beverages and increasing use of ammonium acetate in pharmaceutical drugs are expected to drive market growth in years to come. Moreover, private research institutions and major pharmaceutical manufacturing companies are focusing on alternative ways to strengthen their product pipeline, which is expected to drive market growth in the pharmaceutical industry.

Strict regulations related to the use of ammonium acetate, owing to its adverse environmental impact may deter market growth to an extent.

Segmental Analysis

The global ammonium acetate market can be segmented by application and end user.

By application, the global market can be segmented into food additives, pharmaceuticals, electrolyte solutions, and others. The pharmaceuticals segment is expected to gain significant market share during the forecast period as ammonium acetate is used in the manufacturing of insulin and penicillin and other drugs. Insulin is majorly prescribed for diabetic patients to maintain and control their blood sugar levels. Thus, increasing global diabetic patient pool and their per capita consumption of insulin are expected to drive market growth. According to a statistic provided by the International Diabetes Federation, around 425 million adults suffered from diabetic problems in 2017, and the number of diabetic patients is projected to reach 629 million by 2045. Increasing use of ammonium acetate in insulin and the expanding diabetic patient pool are intensifying the global demand for ammonium acetate.

By grade, the market can be segmented into industrial grade, food grade, agriculture grade, medicine grade, and others. By end user, the market can be segmented into industrial grade, food grade, agriculture grade, medicine grade, and others. The agriculture grade segment is projected to gain traction in the global ammonium acetate market, owing to the usage (limited to 15%) of this grade in agricultural pesticides as a primary starting raw material, reactant and buffering agent. Pesticides are increasingly being used in the agriculture sector to reduce production losses and labor cost. Global and regional players are exhibiting various strategies such as mergers, acquisitions, and partnership in order to strengthen their market presence and explore new markets. For instance, ChemChina, a global agrochemical company, acquired Syngenta Company, which also deals in agrochemical and seed.

Regional Analysis

Geographically, the global ammonium acetate market has been segmented into North America, Europe, Asia Pacific, and Latin America and the Middle East & Africa (LAMEA).

Asia Pacific is expected to account for the largest share in the ammonium acetate market, owing to the presence of developing countries such as India, China, and South Korea. Government policies related to pharmaceutical safety and the growing drug and chemical market in China are expected to drive market growth during the forecast period, 2019–2026. Additionally, rapid growth in the use of ammonium acetate in New Zealand and Australia, due to legalization, is expected to bolster market growth in the region further.

North America and Europe are anticipated to grow at a steady pace during the forecast period, 2019–2026, owing to the increasing consumption of ammonium acetate as a functional food additive in the food and beverage sector. The extensive application of ammonium nitrate in crop production, owing to its readiness to mix with soil, is also expected to foster market growth in said regions.

The Latin America and Middle East & Africa (LAMEA) region is pegged to be an emerging market for ammonium acetate during the forecast period, on account of the region’s growing agriculture sector, which is expected to pave the way to regional economic integration in Latin America.

Ammonium Acetate Market Regional Analysis
Regional Growth Insights Download Free Sample

Top Key Players of Ammonium Acetate Market

Some of the prominent players in the ammonium acetate market are

  1. Niacet
  2. Jarchem
  4. Yangshan Biochemical
  5. Victor Chemical
  6. Chutian Fine Chemical
  7. Jiatai Chemical
  8. HONGYANG CHEMICAL Langfang Tianke
  9. Runhong Technology
  10. ZHONGHE Chemical
  11. Yafeng Chemical.

Report Scope

Report Metric Details
CAGR 3.8%
Forecast Period 2023-2031
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments Covered
  1. By Application
    1. Food Additive
    2. Pharmaceuticals
    3. Electrolyte Solution
  2. By Grade
    1. Industrial Grade
    2. Food Grade
    3. Agriculture Grade
    4. Medicine Grade
Geographies Covered
  • North America
  • Europe
  • APAC
  • Middle East and Africa

Ammonium Acetate Market Segmentation

By Application

  • Food Additive
  • Pharmaceuticals
  • Electrolyte Solution

By Grade

  • Industrial Grade
  • Food Grade
  • Agriculture Grade
  • Medicine Grade

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • MEA

Frequently Asked Questions (FAQs)

What is the estimated growth rate (CAGR) of the Ammonium Acetate Market?
Ammonium Acetate Market size will grow at approx. CAGR of 3.8% during the forecast period.
Some of the top prominent players in Ammonium Acetate Market are, Niacet, Jarchem, NACHURS ALPINE SOLUTIONS Industrial (NASi), Yangshan Biochemical, Victor Chemical, Chutian Fine Chemical, Jiatai Chemical, HONGYANG CHEMICAL Langfang Tianke, Runhong Technology, ZHONGHE Chemical, Yafeng Chemical., etc.
Asia Pacific has been dominating the Ammonium Acetate Market, accounting for the largest share of the market.
The region with the most rapid expansion in the Ammonium Acetate Market is North America.
The global Ammonium Acetate Market report is segmented as follows: By Application, By Grade
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USD 995

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