Covid Impact Citric Acid Market is projected to reach a value of over USD 5.1 billion by 2027 at a CAGR of around 5.4%.

Citric acid Market: Summary

The Global Citric Acid Market is projected to reach a value of over USD 5.1 billion by 2027 at a CAGR of around 5.4%.

Citric Acid is one of the most preferred weak organic acid used as an acidulant, preservative, emulsifier, flavorant, sequestrant and buffering agent. Naturally, it is found in the lemons, lime, oranges, grapefruit and other citrus fruits. Lemons and limes have high concentrations of the acid, it can constitute as much as 8% of the dry weight of these fruits. In food and beverage, citric acid is used as a natural preservative in processed food & beverages. It is also used as flavoring agents, stabilizer, anti-oxidant in a diary, processed and canned foods for regulating acidity, pH, temperature, and taste of the perishable food items. Also, it has gained popularity in cosmetics, nutraceutical, pharmaceutical, cleaning products, and personal care products.

Get Sample Copy of This Report @ https://www.forencisresearch.com/citric-acid-market-sample-pdf/

Citric acid Market: Drivers & Challenges

Market Driver:

• Rising Demand from Food and Beverage industry

Food and beverage is one of the prominent application areas of the citric acid owing to its extensive application in the manufacturing and processing of the jams, jellies, powdered beverages, fruit-based drinks, cheese processing, frozen foods, candies, etc. to boost the flavor, preserve the shelf life, pH, and acts as a stabilizer. Use of citric acid as an acidulant, preservative, pH regulator, stabilizer, taste enhancer is creating higher demand across the food and beverage industry. Growing global food demand along with higher preference to the processed and ready to eat/cook/drink food products, the need for the flavoring agents such as citric acid is on a constant rise. Rise in disposable income and busier lifestyle creates a higher affinity to the readily cooked products, pushes the growth of the citric acid.

Market Restraint:

• Availability of Substitute

The citric acid market may face hindrance owing to availability of substitutes such as lactic acid, tartaric acid and malic acid, which are used in food and beverage, pharmaceutical, skin and hair care products to enhance taste, increase shelf life, balance pH, and other purpose. For instance, tartaric acid is used in personal care products as a pH stabilizer. Due to this, these acids as an alternative to the citric acid in various application areas, which in turn, hampers the market growth.

Request for Methodology of This Report @

https://www.forencisresearch.com/citric-acid-market-request-methodology/

Citric acid Market: Key Segments

• Segmentation based on source: Natural and Synthetic
• Segmentation based on form: Powdered and Liquid
• Segmentation based on application: Food and Beverages, Cosmetic & Personal Care, Pharmaceutical, Industrial Processes and Others
• Segmentation based on region covers: North America, Asia-Pacific, Europe, Middle East & Africa and South America, with individual country-level analysis.

Key Companies Covered

• ADM (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
• Cargill, Incorporated
• Tate & Lyle
• Jungbunzlauer Suisse AG
• COFCO
• Foodchem International Corporation
• Weifang Ensign Industry Co.,Ltd
• S.A. Citrique Belge N.V.
• HUANGSHI XINGHUA BIOCHEMICAL CO.LTD.
• RZBC GROUP
• Other Key Companies

Consult with Analyst @

https://www.forencisresearch.com/citric-acid-market-consult-with-an-analyst/

Citric acid Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Citric Acid Market, by Source

• Natural
• Synthetic

Citric Acid Market, by Form

• Powder
• Liquid

Citric Acid Market, by Application

• Food and Beverages
• Cosmetic & Personal Care
• Pharmaceutical
• Industrial Processes
• Others

Citric Acid Market, by Region

• North America
• US
• Canada
• Mexico
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
• Europe
• Germany
• UK
• France
• Italy
• Rest of Europe
• Middle East & Africa
• Saudi Arabia
• UAE
• Rest of Middle East & Africa
• South America
• Brazil
• Argentina
• Rest of South America

Customize this Industry Analysis @

https://www.forencisresearch.com/citric-acid-market-custome-research/

Table of Content

1. INTRODUCTION
2. Research Objectives
3. Market Definition
4. Research Scope
5. Regional Coverage
6. Research Timeline
7. Assumptions
8. Limitations
9. RESEARCH DESIGN & SCOPE
10. Introduction
11. Primary Research
12. Key Industry Expert Insight
13. Secondary Research
14. Vital Data from Secondary Sources
15. Market Size Estimation
16. Data Validation & Triangulation
17. EXECUTIVE SUMMARY
18. MARKET DYNAMICS
19. Introduction
20. Drivers
21. Growing Demand from Food and Beverage Industry
22. Higher Demand for Organic Ingredients
23. Restraint
24. Availability of Substitute
25. Opportunities
26. Increasing Research and Development Activities for New Production Techniques
27. Challenges
28. Regulation on Use in Functional Food
29. INDUSTRY TRENDS — PORTERS FIVE FORCES ANALYSIS
30. Introduction
31. Power of Buyers
32. Power of Suppliers
33. Intensity of Competition
34. Challenges of Substitutes
35. Challenges of New Entrants
36. Macro-Economic Indicators
37. GLOBAL CITRIC ACID MARKET BY SOURCE, Market Size in USD Million and Volume in Kiloton (2019–2027)
38. Introduction
39. Natural
40. Synthetic
41. GLOBAL CITRIC ACID MARKET BY FORM, Market Size in USD Million and Volume in Kiloton (2019–2027)
42. Introduction
43. Powder
44. Liquid
45. GLOBAL CITRIC ACID MARKET BY APPLICATION, Market Size in USD Million and Volume in Kiloton (2019–2027)
46. Introduction
47. Food and Beverages
48. Cosmetic & Personal Care
49. Pharmaceutical
50. Industrial Processes
51. Others
52. GLOBAL CITRIC ACID MARKET BY REGION, Market Size in USD Million and Volume in Kiloton (2019–2027)
53. North America
54. US
55. Canada
56. Mexico
57. Asia-Pacific
58. China
59. India
60. Japan
61. South Korea
62. Rest of Asia-Pacific
63. Europe
64. Germany
65. France
66. Italy
67. UK
68. Russia
69. Rest of Europe
70. Middle East and Africa
71. Saudi Arabia
72. UAE
73. Rest of Middle East and Africa
74. South America
75. Brazil
76. Argentina
77. Rest of South America
78. COMPETITIVE LANDSCAPE
79. Introduction
80. Market Ranking/Share Analysis of Key Companies
81. Company Benchmarking
82. COMPANY PROFILES
83. ADM
84. Company Overview
85. Financial Overview
86. Products/Solutions/Services Offered
87. Key Developments
88. SWOT Analysis
89. Cargill, Incorporated
90. Tate & Lyle
91. Jungbunzlauer Suisse AG
92. COFCO
93. Foodchem International Corporation
94. Weifang Ensign Industry Co.,Ltd
95. S.A. Citrique Belge N.V.
96. HUANGSHI XINGHUA BIOCHEMICAL CO.LTD.
97. RZBC GROUP
98. Other Key Companies
99. APPENDIX
100. Key Industry Expert Insights
101. Primary Discussion Guide
102. Customization Options

About Forencis Research

Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”.

Contact Us

FORENCIS RESEARCH

Phone: +1 (720) 306 9020

Email: sales@forencisresearch.com

For more market research insights, please visit https://www.forencisresearch.com