Europe Food Acidulants Market - Growth, Trends and Forecast (2020 - 2025)

The Europe food acidulants market is projected to grow at a CAGR of 4.2% during the forecast period 2020-2025

• The market is majorly driven by the wide scope of its application in most of the food and beverage industries such as bakery, confectionery, dairy, meat industry, and beverage industries, coupled with the range of functional benefits that help to preserve food for a prolonged period of time. It is also used as a flavoring agent, chelating agent, buffer, gelling agent and coagulating agent, thus boosting its usage in the food and beverage sector.
• Moreover, the favorable government policies regarding the production of food acidulants, such as the approval of lactic acid as an “extra” safety tool to reduce further trace microbial contamination on bovine carcasses by the European Commission, are likely to positively impact the European food acidulant market.
• Furthermore, increasing convenience food product demand is likely to have a noticeable impact on the growth of the food acidulants market in Europe. Thus, in addition to the launch of new processed foods increases, the opportunities for the acidulants market also increases.

Key Market Trends

Rising Demand for Lactic Acid in Food & Beverage Industries

The demand for lactic acid in food and beverage industries has been witnessed to grow significantly owing to its extensive application in products such as bread, buttermilk, cheese, fermented vegetables, fermented meats, and yogurt. For instance, in meats, through fermentation, lactic acid bacteria are capable of suppressing the growth of undesirable bacteria. Another major application of lactic acid bacteria has been directed towards probiotics. Probiotic lactic acid bacteria have been used to promote bacterial interference by the formation of organic acids, free fatty acids, ammonia, diacetyl, hydrogen peroxide, and bacteriocins. In addition, natural lactic acid has been the most in-demand type of lactic acid in the market as a preservative, as the trending concept of natural, bio-preservatives is gaining momentum.

Germany Market to be the Fastest Growing Market in the Europe

Germany is expected to have the fastest growth in the European market. The large demand for food acidulants in the country can be attributed to the growth in the consumption of processed foods and nutritional requirements among consumers. Key players in the food acidulants market are posing a high threat to western players leading in production, export as well as consumption in attributing to high domestic production of organic and inorganic acids. Furthermore, increasing disposable income, along with consumer affinity toward convenience food, is a major growth factor for the food acidulants market.

Competitive Landscape

The Europe food acidulants market is competitive in nature having a large number of domestic and multinational players competing for market share. Emphasis is given on the merger, expansion, acquisition, and partnership of the companies along with new product development as strategic approaches adopted by the leading companies to boost their brand presence among consumers. Key players dominating the market include Jungbunzlauer Suisse AG, Galactic SA/NV, Brenntag Holding GmbH, Corbion NV, Tate & Lyle PLC, Helm AG, and Merck KGaA, among others.

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