The Ammonium Acetate Market is to reach $13.01 billion by 2030; Increased demand for Ammonium Acetate in various industries underscores its pivotal role in chemical synthesis, pharmaceuticals, and the food and beverage sector to propel the market growth.

The Ammonium Acetate market is forecast to reach $13.01 billion by 2030, growing at a CAGR 3.3% from 2024 to 2030, according to a recent report published by IndustryARC, titled, “Ammonium Acetate Market – By Grade (Industrial Grade, Agricultural Grade, Medical Grade and Food Grade), By Application (Drugs, Fertilizers, Pesticides, Cleaning Products, Food Additive, Latex, Foam Rubber, Shampoos and Others), By End-Use Industry (Food & Beverages (Bakery, Dairy, Meat and Others), Medical & Pharmaceutical (Patent Drug, Chemical Medication and Others), Cosmetics & Personal Care (Hair Care, Skin Care, Body Care and Others), Agriculture, Chemical, Textile and Others) and By Geography - Global Opportunity Analysis & Industry Forecast, 2024–2030”.

North America region held the largest share of about 38% in the Ammonium Acetate Market in 2023 and is expected to grow during the forecast period, the region boasts a well-developed chemical industry with a strong presence of major manufacturers and suppliers of ammonium acetate. Additionally, the United States and Canada, the two largest economies in North America, have a significant demand for ammonium acetate across various industries, including pharmaceuticals, food processing, and chemical manufacturing. The region's stringent environmental regulations and focus on sustainable practices have also led to increased adoption of ammonium acetate as a safer and more environmentally friendly alternative to other chemicals. Furthermore, the presence of research and development centers and universities in North America has fostered innovation and the development of new applications for ammonium acetate fueling the growth of the Ammonium Acetate market in North America region.