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South Korea Food Ingredients (Acidulants) Market to 2032

Overview

The South Korea Food Ingredients (Acidulants) Market is expected to reach a 318.57 USD Million by 2032 and is projected to grow at a CAGR of 8.32% from 2025 to 2032.

Revenue, 2024 (USD Million)
202.47
Forecast, 2032 (USD Million)
318.57
CAGR, 2024 - 2032
8.32%
Report Coverage
South Korea

South Korea Food Ingredients (Acidulants) Market 2018-2032 USD Million

South Korea Food Ingredients (Acidulants) Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 202.47 USD Million
  • Projected Market Size (2032): 318.57 USD Million
  • CAGR (2025-2032): 8.32%

Key Findings of South Korea Food Ingredients (Acidulants) Market

  • The South Korea Food Ingredients (Acidulants) Market was valued at 202.47 USD Million in 2024.
  • The South Korea Food Ingredients (Acidulants) Market is likely to grow at a CAGR of 8.32% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment B2B in Distribution Channel Segment accounted for the largest share of the market with a revenue of 192.03 USD Million
  • The fastest growing segment Citric Acid in Type Segment grew Fastest with a CAGR of 8.87% during the forecast period from 2024 to 2032.

South Korea Food Ingredients (Acidulants) Market Scope

South Korea Food Ingredients (Acidulants) Market Segmentation & Scope
End-User
  • Household/Retail
  • Food Service Sector
  • Food Processing Sector
Distribution Channel
  • B2C
  • B2B
Type
  • Formic Acid
  • Tannic Acid
  • Potassium Citrate
  • Sodium Citrate
  • Phosphoric Acid and Salt
  • Others
  • Gluconic Acid
  • Succinic Acid
  • Mallic Acid
  • Tartaric Acid
  • Acetic Acids
  • Lactic Acid
  • Fumaric Acid
  • Citric Acid
Function
  • Others
  • Preservatives
  • Acidic Flavor Enhancer
  • pH Control
Form
  • Liquid
  • Dry

South Korea Food Ingredients (Acidulants) Market Data Coverage Insights

Study Period 2024-2032
Base Year 2021
Unit Revenue in USD Million
Market Value in 2024 202.47 USD Million
Market Value in 2032 318.57 USD Million
CAGR (2025-2032) 8.32%
Historic Data 2016-2023
Market Segments Covered End-User,Distribution Channel,Type,Function ,Form

Regional Insights:

  • Leading Market (2024-2032): South Korea, leading in terms of revenue 202.47 USD Million in 2024
    • Key Country: South Korea, leading in terms of revenue with value of 202.47 USD Million in 2024.

Segments and Scope

  • South Korea Food Ingredients (Acidulants) Market to 2032, By End-User
    • Food Processing Sector is the largest segment in South Korea Food Ingredients (Acidulants) Market to 2032 with a revenue of 170.01 USD Million in the year 2024.
    • Food Processing Sector is the Fastest growing segment in South Korea Food Ingredients (Acidulants) Market to 2032 with a Growth rate of 8.47 % in forecast period 2025-2032.
  • South Korea Food Ingredients (Acidulants) Market to 2032, By Distribution Channel
    • B2B is the largest segment in South Korea Food Ingredients (Acidulants) Market to 2032 with a revenue of 192.03 USD Million in the year 2024.
    • B2B is the Fastest growing segment in South Korea Food Ingredients (Acidulants) Market to 2032 with a Growth rate of 8.46 % in forecast period 2025-2032.
  • South Korea Food Ingredients (Acidulants) Market to 2032, By Type
    • Citric Acid is the largest segment in South Korea Food Ingredients (Acidulants) Market to 2032 with a revenue of 123.26 USD Million in the year 2024.
    • Citric Acid is the Fastest growing segment in South Korea Food Ingredients (Acidulants) Market to 2032 with a Growth rate of 8.87 % in forecast period 2025-2032.
  • South Korea Food Ingredients (Acidulants) Market to 2032, By Function
    • pH Control is the largest segment in South Korea Food Ingredients (Acidulants) Market to 2032 with a revenue of 84.30 USD Million in the year 2024.
    • pH Control is the Fastest growing segment in South Korea Food Ingredients (Acidulants) Market to 2032 with a Growth rate of 8.82 % in forecast period 2025-2032.
  • South Korea Food Ingredients (Acidulants) Market to 2032, By Form
    • Dry is the largest segment in South Korea Food Ingredients (Acidulants) Market to 2032 with a revenue of 168.36 USD Million in the year 2024.
    • Dry is the Fastest growing segment in South Korea Food Ingredients (Acidulants) Market to 2032 with a Growth rate of 8.47 % in forecast period 2025-2032.

South Korea Food Ingredients (Acidulants) Market Company Share Analysis

 
Company Name Company Share Analysis
Jungbunzlauer Suisse AG
Tate & Lyle
Brenntag GmbH
Cargill, Incorporated
ADM
South Korea Food Ingredients (Acidulants) Market Company Share Analysis

South Korea Food Ingredients (Acidulants) Market Geographical Sales Distribution, 2018-2032 USD Million

South Korea Food Ingredients (Acidulants) Market Geographical Sales Distribution, 2018-2032 USD Million

South Korea Food Ingredients (Acidulants) Market Company Profiling

South Korea Food Ingredients (Acidulants) Market Company Profiling

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Frequently Asked Questions
The South Korea Food Ingredients (Acidulants) Market is segmented based on Segmentation End-User,Distribution Channel,Type,Function ,Form.
South Korea Food Ingredients (Acidulants) Market was valued at USD 202.47(Revenue in USD Million) in 2021.
South Korea Food Ingredients (Acidulants) Market is projected to grow at a CAGR of 8.32% during the forecast period of 2024 to 2032.
The B2B segment is expected to dominate the South Korea Food Ingredients (Acidulants) Market, holding a largest market share of 192.03 USD Million in 2024

Coming Soon....

South Korea Food Ingredients (Acidulants) Market Scope

South Korea Food Ingredients (Acidulants) Market Segmentation & Scope
End-User
  • Household/Retail
  • Food Service Sector
  • Food Processing Sector
Distribution Channel
  • B2C
  • B2B
Type
  • Formic Acid
  • Tannic Acid
  • Potassium Citrate
  • Sodium Citrate
  • Phosphoric Acid and Salt
  • Others
  • Gluconic Acid
  • Succinic Acid
  • Mallic Acid
  • Tartaric Acid
  • Acetic Acids
  • Lactic Acid
  • Fumaric Acid
  • Citric Acid
Function
  • Others
  • Preservatives
  • Acidic Flavor Enhancer
  • pH Control
Form
  • Liquid
  • Dry
Frequently Asked Questions
The South Korea Food Ingredients (Acidulants) Market is segmented based on Segmentation End-User,Distribution Channel,Type,Function ,Form.
South Korea Food Ingredients (Acidulants) Market was valued at USD 202.47(Revenue in USD Million) in 2021.
South Korea Food Ingredients (Acidulants) Market is projected to grow at a CAGR of 8.32% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Food Ingredients (Acidulants) Market for final year is USD 318.57 (USD Million).

South Korea Food Ingredients (Acidulants) Market Company Profiling

South Korea Food Ingredients (Acidulants) Market Company Profiling
Frequently Asked Questions
The South Korea Food Ingredients (Acidulants) Market is segmented based on Segmentation End-User,Distribution Channel,Type,Function ,Form.
South Korea Food Ingredients (Acidulants) Market was valued at USD 202.47(Revenue in USD Million) in 2021.
South Korea Food Ingredients (Acidulants) Market is projected to grow at a CAGR of 8.32% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Food Ingredients (Acidulants) Market for final year is USD 318.57 (USD Million).

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