The winning Citric Acid in Food Application market study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness. The market survey report gives the details about market trends, future prospects, market restraints, leading market drivers, several market segments, key developments, key players in the market, and competitor strategies. To understand the competitive landscape in the market, an analysis of Porter’s five forces model for the market has also been included. Furthermore, businesses can decide upon the strategies about the product, customer, key player, sales, promotion or marketing by acquiring a detailed analysis of competitive markets via Citric Acid in Food Application report.
An international Citric Acid in Food Application market research report examines competitive companies and manufacturers in the global market. It studies market by product type, applications and growth factors. Moreover, industry status and outlook for major applications, end users, and usage area is also included for the market study. This market document puts light on various aspects of marketing research that range from important industry trends, market size, market share estimates, sales volume, emerging trends, product consumption, customer preferences, historic data along with future forecast and key player analysis. An unswerving Citric Acid in Food Application report has answers to many important questions that companies may have when operating in the Citric Acid in Food Application industry.
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Citric acid is a weak organic acid found in lemon and other citrus fruit juice. The food and beverage industry accounts for approximately 75% of global citric acid consumption, primarily as an acidulant in carbonated soft drinks. It is also used to control the growth of microorganisms, to adjust pH, and to induce sourness.
Data Bridge Market Research analyses that the citric acid in food was valued at 4.20 billion in 2021 and is expected to reach the value of USD 8.68 billion by 2029, at a CAGR of 9.50% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Market Definition
Citric acid is a weak organic acid found in citrus fruits that can also be produced by fermenting sucrose or glucose with molasses. Its significance in the food industry cannot be overstated, as it is used to impart an acidic (sour) flavour and preservative properties to a variety of products. Furthermore, it is a common food additive used in preserving foods such as salads with lemon juice or vinegar, where the citric acid inhibits microorganism growth by lowering pH levels below which bacteria cannot survive.
Opportunity
The addition of new products with higher grades to the product portfolio is expected to increase demand for these items. Due to the consumer patterns and preferences, key market players are introducing new variants while focusing on brand loyalty. They are expanding their customer base and diversifying their operations.
Some of the major players operating in the citric acid in food application market are:
- Glanbia plc. (Ireland)
- Now Health International (U.S.)
- Nutiva Inc (U.S.)
- The Simply Good Food Co (U.S.)
- Iovate Health Sciences International Inc. (Canada)
- MusclePharm (U.S.)
- Kerry Group Plc (Ireland)
- CytoSport, Inc. (U.S.)
- Nature's Bounty Co. (U.S.)
- Reliance Private Label Supplements (U.S.)
- Herbalife Nutrition, Inc. (U.S.)
- Danone SA (France)
- GNC Holdings, LLC. (U.S.)
- Orgain Inc. (U.S.)
- True Nutrition (U.S.)
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Global Citric Acid in Food Application Market Scope
The citric acid in food application market is segmented on the basis of form, function, grade, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications
Form
- Anhydrous
- Liquid
Function
- Acidulant
- Antioxidant
- Preservative
- Sequestrant
- Flavoring Agent
Grade
- Food Grade
- Pharmaceutical Grade
- Industrial Grade
Application
- Food and Beverages
- Dietary Supplements
- Pharmaceutical
- Nutraceuticals
- Reagent
- Personal Care
- Others
Citric Acid in Food Application Market Regional Analysis/Insights
The citric acid in food application market is analysed and market size insights and trends are provided by country, form, function, grade, and application as referenced above.
The countries covered in the citric acid in food application market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the citric acid in food application market due to the region's increased demand for digestive citric acid-based foods and beverages and pharmaceuticals. Asia-Pacific is expected to grow from 2022 to 2029 due to an ageing population and the occurrence of lifestyle diseases such as mental health issues, cardiovascular diseases, and gut health-related issues in the region.
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