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The citric acid market is forecast to grow by USD 2,253.4 mn during 2022-2027, accelerating at a CAGR of 8.44% during the forecast period. The report on the citric acid market provides a holistic analysis, market size, and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for citric acids from detergents and cleaners, a growing desire for convenience foods and beverages, and the versatile nature of citric acid.
The citric acid market is segmented as below:
By Application
- Food and beverage
- Pharmaceuticals and personal care products
- Detergents and cleaners
- Others
By Type
- Liquid
- Anhydrous
By Geography
- Europe
- North America
- APAC
- Middle East and Africa
- South America
The report on the citric acid market covers the following areas:
- Citric acid market sizing
- Citric acid market forecast
- Citric acid market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global citric acid market: Anmol Chemicals Group, Archer Daniels Midland Co., Cargill Inc., Citribel NV, COFCO Corp., Dastech International Inc., Foodchem International Corp., Gadot Biochemical Industries Ltd., Hemadri Chemicals, Huangshi Xinghua Biochemical Co. Ltd., Jungbunzlauer Suisse AG, Kenko Corp., KIC Chemicals Inc., MP Biomedicals Inc., Niram Chemicals, Paras Chemical Industries, RZBC Group Co. Ltd., Shandong Lemon Biochemical Co. Ltd., Tate and Lyle Plc, and Weifang Ensign Industry Co. Ltd..Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is growing popularity of organic food additives.`
According to the report, one of the major drivers for this market is the growing demand for citric acids from detergents and cleaners.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Anmol Chemicals Group
- Archer Daniels Midland Co.
- Cargill Inc.
- Citribel NV
- COFCO Corp.
- Dastech International Inc.
- Foodchem International Corp.
- Gadot Biochemical Industries Ltd.
- Hemadri Chemicals
- Huangshi Xinghua Biochemical Co. Ltd.
- Jungbunzlauer Suisse AG
- Kenko Corp.
- KIC Chemicals Inc.
- MP Biomedicals Inc.
- Niram Chemicals
- Paras Chemical Industries
- RZBC Group Co. Ltd.
- Shandong Lemon Biochemical Co. Ltd.
- Tate and Lyle Plc
- Weifang Ensign Industry Co. Ltd.
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