Beverage Acidulants Production Scenario Market size was valued at $ 1.89Bn by 2019, and is anticipated to grow at a CAGR of 6.34% during the forecast period 2020-2025. The Beverage Acidulants Production Scenario Market growth rate is attributed to increase as the demand for packaged food products grows; the food and beverage industry is making fast progress in meeting the ever-increasing market demand. Acidulants and acids are needed for a wide range of purposes for many of the processed food items. Acidulants are used as preservatives, enhancers of spices, and many more. Acidulants are commonly used in beverages such as fruit-flavored carbonated drinks, which are formulated using fruit flavours. In addition to this, owing to the low acid content of the fruit, some drinks containing real fruit juices are deprived of flavour. Whole fruits have an average acid percentage of 0.5 to 2.0. Some of the acid content is also lost when the pulp is refined and extracted. The addition of beverage acidulants, therefore, improves the product’s fruitiness. Beverage acidulants are chemical substances that are used to impart a sour, acidic or tart flavor to beverages. Some commonly used acidulants are acetic acid and citric acid. Several beverages such as carbonated drinks usually contain phosphoric acid. Malic acid is generally added to the sour candies. Such acids give any beverage to which they are added a clean and refreshing taste. Beverage acids also protect the final product obtained from producing any unwanted taste that can throw away the ideal mix of the beverage.
Beverage acidulants forms one of the most important ingredients for the zesty sour tasting beverages. These acidulants help in giving a refreshing taste to the drinks that they get added to. Beverage acidulants are also applied to drinks to protect the finished product obtained from having any undesirable taste that can hamper the perfect mixture of the beverage. Beverage acidulants are now widely used in the beverage manufacturing industries in form of preservatives, flavoring agents and as additives. Hence, various beverage manufacturers are focused on providing different beverages at an optimum cost, owing to high demand from consumers. In view of the same, multiple companies have implemented the integrated production approach to deliver cost-effective beverages. Beverage acidulants provide a cost-effective solution in the production of various beverages, including soft drinks, cola drinks, and more. Moreover, supported by approval from various regulating authorities for the use of acidulants in different drinks, beverage acidulants are gaining significant traction.
Beverage Acidulants Production Scenario Market Segment Analysis – By Nature
On the basis of nature, organic segment held the major share of the market in terms of revenue and is poised to grow with a CAGR of 6.45%. The reason is being attributed to the increasing awareness about the harmful and ill-effects of synthetic and non-natural acids, consumers are increasingly shifting towards beverages that contain naturally-derived ingredients. In addition, this segment is anticipated to gain revenue share during the forecast period 2020-2025 as a result of growing number of consumers who are aware that a healthy regime is needed. Organic beverage acidulants such as citric acid-based beverage acidulants are widely used in beverages as additives, since they are naturally-derived preservatives. In almost all citrus fruits, they are naturally present. Apart from this, other major organic beverage acidulants includes malic acid-based beverage acidulants, and tartaric acid-based beverage acidulants and fumaric and malic acid generate more of fruity flavor. Beverages with high to moderate fumaric acid content are more on the sweet side than other types of acids.
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Beverage Acidulants Production Scenario Market Segment Analysis – By Geography
North America dominated the Beverage Acidulants Production Scenario Market with a share of 34% in 2019. The application of Beverage Acidulants Production Scenario has grown rapidly over the last few years owing to the increasing demand for different types of beverages such as aerated and energy drinks which is the major contributing factor to its large share. Apart from this, owing to the high presence of the processed food industry and rising homely intake of acids as a key ingredient in daily food processing activities, North America is poised to dominate the global food acid market. Rising beverage production at existing manufacturing facilities is anticipated to boost the market in North America during the forecast period 2020-2025 to cater to rising customer demand associated with increased use of food acids in the manufacturing process.
Furthermore, the demand for processed beverages is growing significantly in countries with a rapidly increasing urban population, such as India, China and Brazil, and regions such as the Middle East. This is owing to the increased awareness of the product, the adoption of retail formats, and the launch of innovative and more effective goods, thanks to natural ingredients that provide customers with different health benefits.
Beverage Acidulants Production Scenario Market Drivers
Growing emphasis on achieving longer shelf life through optimum acidification of beverage products
With increasing emphasis shelf life of beverage products combined with the precise concentration required to be added in commercial formulations in the beverage processing industry can be attributed to considerable demand for synthetic beverage acidulants across the beverage industry. Not only does the use of beverage acidulants boost taste, but the shelf life of drinks also increases. They enhance the taste of drinks as well. Taste, shelf life, and taste are all important variables that decide individual decisions. The growing demand for improved shelf-life and flavour in beverages is giving a major boost to the market for beverage acids.
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Beverage Acidulants Production Scenario Market Challenges
Stringent regulation by government
The stringent regulations by governmental bodies regarding product labels and inclusion of additives in the ingredients list are challenging the market. Developments being made for better alternatives are challenging the market during the forecast period 2020-2025.
Beverage Acidulants Production Scenario Industry Outlook
Product launches, mergers and acquisitions, joint ventures and geographical expansions are key strategies adopted by players in the Beverage Acidulants Production Scenario Market. In 2019, Beverage Acidulants Production Scenario Market share is fragmented by the top ten players present in the market. Beverage Acidulants Production Scenario Market top 10 companies are Cargill Inc., Tate and Lyle, Northeast Pharmaceutical Group Co. Ltd., Archer Daniels Midland, Cobion N.V., Hawkins Watts Limited, Parry Enterprises India Ltd., FBC Industries Inc., Weifang Ensign Industry Co. Ltd., The Sumo Food Ingredients (SFI) and others.
In 2016, Princeton-based Bai Brands introduced Bai Supertea, which came with fruit flavors. These specially flavored, brewed teas are infused with anti-oxidants and fruit juice. Ingredients like malic acid and citric acid are added to augment the fruitiness of the teas and the overall flavour profile is also balanced.
North America dominated the Beverage Acidulants Production Scenario Market with a share of 28% in the year 2019.
The factors such as increasing demand for natural additives in the foods and beverage industry coupled with buoyancy in the beverage processing industry to meet rising consumer demand for processed beverages are amongst the major factor projected to impel growth of Beverage Acidulants Production Scenario Market.
Increasing demand for beverages with long shelf life and changing lifestyle of the people coupled with increasing R&D investment by various manufacturers to enhance the product quality is to accelerate the market demand are the key factors owing to the growth in the segment during forecast period 2020-2025.
Related Reports :
A. Food Acidulants Market
B. Specialty Food Ingredients Market
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