Citric Acid Market Overview:
Citric acid is the nature’s acidulant and present in citrus fruits, plants, microbes, and fluids. It helps in metabolic processes and is highly soluble in nature. The acid faces huge demand as an acidifying tool. The market for the acid is growing due to its wide usage in foods & beverages. It is demanded heavily from ready-to-eat foods. Moreover, the market is expanding further due to other uses of citric acid.
Apart from this it also used in pharmaceutical products, personal care, cleaners & detergent and others. In pharmaceutical industry citric acid is used as stabilizing & flavoring agent and in medical products such as soluble aspirin, antacid and also in dentifrices. In the personal category, it is used in shampoos and conditioners, and detergents.
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Food & beverage industry is valued to have the largest market size due to its end-use in the industry such as food safety, food preservation, preparation of processed beverages & food items. The food & beverage industry has driven the market for citric acid across the globe. Europe accounts for the largest market share due to its demand from food & beverages and personal care products. Furthermore APAC has seen tremendous growth in the convenience food industry due to the urbanization and population growth.
Citric Acid Geographic Analysis
Citric Acid Industry Key Players
The key players of global Citric Acid market report include- Archer-Daniels-Midland Company, COFCO Biochemical (AnHui) Co. Ltd., Cargill, Incorporated, Jungbunzlauer Suisse AG, ., RZBC Group Co. Ltd., Tate & Lyle PLC, Huangshi Xinghua Biochemical Co.LtdWeifang Ensign Industry Co., Ltd., Gadot Biochemical Industries Limited, and S.A. Citrique Belge N.V.
Study Objectives of Citric Acid Market
Global Citric Acid Market Company Information
Target Audience
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IMPORTANT POINTS FROM TABLE OF CONTENTS:
Table 1 World Population By Major Regions (2015 To 2030) (Million)
Table 2 Global Citric Acid Market: By Region, 2014-2022 (Usd Million)
Table 3 Global Citric Acid Market: By Region, 2014-2022 (Kt)
Table 4 North America Global Citric Acid Market: By Country, 2014-2022 (Usd Million)
Table 5 Europe Global Citric Acid Market: By Country, 2014-2022 (Usd Million)
Table 6 Asia-Pacific Global Citric Acid Market: By Country, 2014-2022 (Usd Million)
Table 7 RoW Global Citric Acid Market: By Country, 2014-2022 (Usd Million)
Table 8 Global Citric Acid For Type: By Regions, 2014-2022 (Usd Million)
Continued. . . .